Compensation of Claims Administrator. The compensation for the Claims Administrator, including periodic increases, shall be established by the District Court after notice to and opportunity for comment by the Debtor’s Representatives and the Claimants’ Advisory Committee during the annual budget process using the compensation established for the MDL 926 Claims Administrator as a guideline. In addition, the Claims Administrator shall be reimbursed for his or her reasonable out-of-pocket expenses incurred in the performance of his or her duties subject to approval by the District Court. All such compensation and expenses shall be paid from the Settlement Fund. The Trust will promptly reimburse the Claims Administrator for such reasonable out-of-pocket expenses.
Appears in 4 contracts
Samples: And Fund Distribution Agreement, And Fund Distribution Agreement, Fund Distribution Agreement
