Common use of CLASS SIZE ESTIMATES AND ESCALATOR CLAUSE Clause in Contracts

CLASS SIZE ESTIMATES AND ESCALATOR CLAUSE. Based on its records, Defendant estimates, as of the date of this Settlement Agreement, there are: (1) 200 Class Members who worked a total of 12,705 Workweeks; and (2) 82 Aggrieved Employees who worked a total of 207 PAGA Pay Periods. If it is determined the number of Workweeks within the Class Period exceeds ten percent (10%) or more of 12,705 (i.e., more than 13,975 Workweeks), then at Defendant’s option, either the: (a) Gross Settlement Amount shall increase proportionally over the ten percent (10%) increase (i.e., if the number of Workweeks increases by 11%, the Gross Settlement Amount will increase by 1%); or (b) Class Period shall end one (1) week prior to the 13,975 Workweeks being reached.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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CLASS SIZE ESTIMATES AND ESCALATOR CLAUSE. Based on its records, Defendant estimatesDefendants estimate, as of the date of this Settlement Agreement, there are: (1) 200 477 Class Members who worked a total of 12,705 10,309 Workweeks; and (2) 82 385 Aggrieved Employees who worked a total of 207 7,418 PAGA Pay Periods. If it is determined that the number of Workweeks within the Class Period exceeds ten percent (10%) or more of 12,705 10,309 (i.e., more than 13,975 11,340 Workweeks), then at Defendant’s Defendants’ option, either the: (a) Gross Settlement Amount shall will increase proportionally over the ten percent (10%) increase (i.e., if the number of Workweeks increases by eleven percent (11%), the Gross Settlement Amount will increase by 1%); or (b) Class Period shall end one (1) week prior to as of the 13,975 date the Workweeks being reachedwithin the Class Period reach 11,340 Workweeks.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

CLASS SIZE ESTIMATES AND ESCALATOR CLAUSE. Based on a review of its records, Defendant estimates, as of the date of this Settlement Agreementmediation on September 26, 2023, there are: (1) 200 360 Class Members who worked a total of 12,705 52,877 Workweeks; and (2) 82 301 Aggrieved Employees who worked a total of 207 25,847 PAGA Pay Periods. If it is determined that the number of Workweeks within the Class Period exceeds ten percent (10%) or more of 12,705 52,877 (i.e., more than 13,975 58,165 Workweeks), then at Defendant’s option, either the: (a) Gross Settlement Amount shall increase proportionally over the ten percent (10%) increase (i.e., if the number of Workweeks increases by 1115%, the Gross Settlement Amount will increase by 15%); or (b) Class Period shall end one (1) week prior to as of the 13,975 date the Workweeks being reachedwithin the Class Period reach 58,165 Workweeks.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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CLASS SIZE ESTIMATES AND ESCALATOR CLAUSE. Based on its records, Defendant estimates, as of the date of this Settlement AgreementJanuary 26, 2024, there are: (1) 200 969 Class Members who worked a total of 12,705 37,196 Workweeks; and (2) 82 242 Aggrieved Employees who worked a total of 207 3,592 PAGA Pay Periods. If it is determined that the number of Workweeks within through the Class Period exceeds ten percent (10%) or more of 12,705 37,196 (i.e., more than 13,975 40,916 Workweeks), then then, at Defendant’s option, either the: : (a1) Gross Settlement Amount shall increase proportionally over the ten percent (10%) increase (i.e., if the number of Workweeks increases by 11%, the Gross Settlement Amount will increase by one percent 1%); or (b2) Class Period shall end one as of the date the Workweeks within the Class Period reach more than ten percent (110%) week prior to the 13,975 Workweeks being reachedover 40,916 Workweeks.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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