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Class Representative Service Payment Sample Clauses

Class Representative Service Payment. Class Counsel intends to request a Class Representative Service Payment for the Class Representative. Class Counsel may seek a service payment not to exceed $10,000 in total and the service payment may be requested to be paid from the Damages Class Gross Settlement Amount or from the amounts awarded in connection with the Injunctive Relief Class, or some combination thereof, at election of Class Counsel and subject to Court approval. The request for approval of such amount shall be made at the time Class Counsel files the motion for approval of Class Counsel Fees.
Class Representative Service PaymentThe Parties acknowledge that Plaintiff will apply to the Court for approval of the Class Representative Service Payment in the amount of $2,500 in recognition of her efforts and activities in furtherance of both the litigation and this Agreement. The Class Representative Service Payment shall be paid from the Cash Settlement Fund and will not be distributed to Plaintiff until after the Settlement Date. The Parties further agree that Elixir will not be obligated to pay any Class Representative Service Payment in excess of $2,500. If the Court approves the Agreement and the Class Representative Service Payment to Plaintiff, the Class Representative Service Payment approved by the Court will be paid by the Settlement Administrator within ten (10) calendar days after entry of the Final Order and Judgment. The Parties represent that their negotiation of, and agreement to, the compensation paid to Plaintiff did not occur until after the substantive terms of the Agreement had been negotiated and agreed. No interest shall be paid on the Class Representative Service Payment.
Class Representative Service Payment. A sum not to exceed $5,000.00 payable to Plaintiff as consideration for her service as the named class representative, which sum shall be paid from the Settlement Fund, subject to Court approval.
Class Representative Service Payment. Defendants agree that Plaintiff may apply to the Court for a Class Representative Service Payment in an amount not to exceed $7,500.00. Plaintiff will file his request for approval of Class Representative Service Payment no later than fourteen (14) days before the hearing on the Motion for Final Approval. Defendants agree not to oppose the motion for such service payment. The Settlement Administrator shall pay any approved Class Representative Service Payment no later than five (5) days after the Effective Date.
Class Representative Service PaymentIn addition to his Settlement Share, Plaintiff will apply to the Court for a Class Representative Service Payment of not more than $10,000. Defendant will not oppose such an application for a Class Representative Service Payments to Plaintiff. The Settlement Administrator will pay the Class Representative Service Payment approved by the Court out of the Gross Settlement Amount. If the Court approves a Class Representative Service Payment of less than $10,000 for Plaintiff, the other terms of the settlement will remain in effect and the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members. Payroll tax withholding and deductions will not be taken from the Class Representative Service Payment and instead a Form 1099 will be issued to Plaintiff with respect to his payment. Plaintiff shall be solely responsible for any tax obligations with respect to this payment. To receive this court-approved payment, the Plaintiff agrees to a California Civil Code section 1542 waiver and a general release of all claims that may be released upon the Settlement Effective Date. Plaintiff also agrees to provide completed IRS Forms W-9 in order to receive these payments.
Class Representative Service Payment. “Class Representative Service Payment” refers to any payment the Court approves as payment for service as a class representative in accordance with Section 8.4 below.
Class Representative Service Payment. See “Service Payment.”
Class Representative Service PaymentSubject to Court approval 4 and the provisions of Section 9(c), infra, L&M shall compensate the Class 5 Representative for services rendered for the benefit of the Plaintiff Class, and for 6 risks assumed on behalf of the Plaintiff Class, in the total sum of $5,000. L&M shall 7 not object to, or file any papers in relation to, the Class Representative’s request for
Class Representative Service Payment. Subject to approval by the Court, Class Representative Xxxxxxx Xxxxxx will receive a Class Representative Service Payment in an amount not to exceed $15,000, for her services as Class Representative and in exchange for her executive a General Release of all claims against Defendants. This payment will be deducted from the Gross Settlement Amount.
Class Representative Service PaymentSubject to Bankruptcy Court approval, a payment in the amount of $2,000 shall be made to the Class Representative, Xxxx Xxxxxxx, as a class services award (“Service Payment”), to be deducted from the Settlement Amount for her role as Class Representative in the Class Action. The Settlement Administrator (defined infra § 10) will issue an IRS Form 1099 to the Class Representative for the Service Payment, and the Class Representatives will be solely responsible for correctly characterizing the Service Payment for tax purposes and for paying any taxes on the amounts received.