Common use of Confidentiality of Settlement Negotiations Clause in Contracts

Confidentiality of Settlement Negotiations. 12.1 Except as set forth explicitly below, the Settling Parties and Class Counsel agree to keep confidential all positions, and offers made during settlement negotiations relating to the Class Action and the Settlement Agreement, except that they may discuss the negotiations with the Class Members, the Independent Fiduciary, and the Settling Parties’ tax, legal, and regulatory advisors, or insurers, provided in each case that they (a) secure written agreements with such persons or entities that such information shall not be further disclosed, and (b) comply with this Article 12 in all other respects. 12.2 Class Counsel will establish a Settlement Website on which it will post the following documents or links to the following documents on or following the date of the Preliminary Order: the operative Complaint, Settlement Agreement and its Exhibits, Settlement Notice, Former Participants Claim Form, Class Representatives’ Motion for Attorneys’ Fees and Costs and Award of Compensation to Class Representatives, any Court orders related to the Settlement, any amendments or revisions to these documents, and any other documents or information mutually agreed upon by the Settling Parties (“Settlement Website Information”). No other information or documents will be posted on the Settlement Website unless agreed to in advance by the Settling Parties in writing. Class Counsel will take down the Settlement Website ninety 12.3 Within thirty (30) calendar days of the filing of the motion for preliminary approval of the Settlement, Defendants may issue a communication to Anthem employees and/or Plan participants explaining the terms of the Settlement and Plan of Allocation. Defendants shall provide a draft of the communication to Class Counsel in advance of the dissemination of the communication.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Confidentiality of Settlement Negotiations. 12.1 Except as set forth explicitly below, the Settling Parties and Class Counsel agree to keep confidential all positions, positions and offers made during settlement negotiations relating to the Class Action Actions and the Settlement Agreement, except that they may discuss the negotiations with the Class Members, the Independent Fiduciary, and the Settling Parties’ tax, legal, and regulatory advisors, or insurers, provided in each case that they (a) secure written agreements with such persons or entities that such information shall not be further disclosed, and (b) comply with this Article 12 in all other respects. 12.2 Class Counsel will establish a Settlement Website on which it will post the following documents or links to the following documents on or following the date of the Preliminary Order: the operative Complaint, the Settlement Agreement and its Exhibits, Settlement Notice, Former Participants Claim Form, Class Representatives’ Motion for Attorneys’ Fees and Costs and Award of Compensation to Class Representatives, any Court orders related to the Settlement, any amendments or revisions to these documents, and any other documents or information mutually agreed upon by the Settling Parties (“Settlement Website Information”). No other information or documents will be posted on the Settlement Website unless agreed to in advance by the Settling Parties in writing. Class Counsel will take down the Settlement Website ninetyninety (90) calendar days after the receipt of the affidavit(s) referenced in Paragraph 6.9. 12.3 Within thirty (30) calendar days of the filing of the motion for preliminary approval of the Settlement, the Duke Defendants may issue a communication to Anthem employees and/or Plan participants explaining the terms of the Settlement and Plan of Allocation. If the Duke Defendants decide to issue such communication, it shall provide a draft of the communication to be approved by Class Counsel in advance of the dissemination of the communicationCounsel.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

Confidentiality of Settlement Negotiations. 12.1 Except as set forth explicitly below, the Settling Parties and Class Counsel agree to keep confidential all statements, positions, and offers made during settlement negotiations relating to the Class Action and the Settlement Agreement. Accordingly, except neither the negotiations, nor any agreement between the Settling Parties (including November 12, 2020 Memorandum of Understanding) may be disclosed, except: (i) insofar as may be necessary to obtain court approval of the Settlement; (ii) to management employees of Defendant and other employees of Defendant as necessary to implement the Settlement, service providers to the Plan as necessary to implement the Settlement, and to Defendant’s affiliates provided they agree to maintain confidentiality; (iii) to any insurer of Defendant that they will be paying any part of the Gross Settlement Amount; (iv) as may discuss the negotiations with the be necessary for Defendant to meet any federal, state or local reporting obligations; (v) to enforce its terms; (vi) to Class Members, the Independent Fiduciary, and the Settling Parties’ tax, legal, and regulatory advisors, or insurers, provided or (vii) as otherwise required by law. Provided however, that any such person or entity to whom information is disclosed must promise in each case that they writing: (a) secure written agreements with such persons or entities that such information shall not be further disclosed, and (b) to comply with this Article 12 in all other respects. The limitations in this paragraph will also apply to the Settlement Agreement, until such time at it is filed with the Court. 12.2 Class Counsel will establish a Settlement Website on which it will post the following documents or links to the following documents on or following the date of the Preliminary Order: the operative Complaint, ; Settlement Agreement and its Exhibits, ; Settlement Notice; Class Representative’s Motions for Preliminary and Final Approval of the Settlement, Former Participants Claim Form, Class Representatives’ Motion for Attorneys’ Fees and Costs and Award of Compensation to Class RepresentativesRepresentative, with any accompanying briefs and exhibits; any Court orders related to the Settlement, ; any amendments or revisions to these documents, ; and any other documents or information mutually agreed upon by the Settling Parties (“Settlement Website Information”). No other information or documents will be posted on the Settlement Website unless agreed to in advance by the Settling Parties in writing. Class Counsel will take down the Settlement Website ninetyninety (90) calendar days after the Settlement Administrator certifies that distribution of the Qualified Settlement Fund is complete. 12.3 Within thirty (30) calendar days of the filing of the motion for preliminary approval of the Settlement, Defendants Defendant may issue a communication to Anthem employees and/or Plan participants and beneficiaires explaining the terms of the Settlement and Plan of Allocation. Defendants Defendant shall provide a draft of the communication to Class Counsel in advance of the dissemination of the communication.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

Confidentiality of Settlement Negotiations. 12.1 Except as set forth explicitly below, the Settling Parties and Class Counsel agree to keep confidential all positions, and offers made during settlement negotiations relating to the Class Action and the Settlement Agreement, except that they may discuss the negotiations with the Class Members, the Independent Fiduciary, and the Settling Parties’ tax, legal, and regulatory advisors, or insurers, provided in each case that they (a) secure written agreements with such persons or entities that such information shall not be further disclosed, and (b) comply with this Article 12 in all other respects. 12.2 Class Counsel will establish a Settlement Website on which it will post the following documents or links to the following documents on or following the date of the Preliminary Order: the operative Complaint, Settlement Agreement and its Exhibits, Settlement Notice, Former Participants Claim Form, Class Representatives’ Motion for Attorneys’ Fees and Costs and Award of Compensation to Class Representatives, any Court orders related to the Settlement, any amendments or revisions to these documents, and any other documents or information mutually agreed upon by the Settling Parties (“Settlement Website Information”). No other information or documents will be posted on the Settlement Website unless agreed to in advance by the Settling Parties in writing. Class Counsel will take down the Settlement Website ninety 12.3 Within thirty (30) calendar days of the filing of the motion for preliminary approval of the Settlement, Defendants may issue a communication to Anthem employees and/or Plan participants explaining the terms of the Settlement and Plan of Allocation. Defendants shall provide a draft of the communication to Class Counsel in advance of the dissemination of the communication.Class

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Confidentiality of Settlement Negotiations. 12.1 Except as set forth explicitly below, the Settling Parties and Class Counsel agree to keep confidential all statements, positions, and offers made during settlement negotiations relating to the Class Action and the Settlement Agreement. Accordingly, except that neither the negotiations, nor any agreement between the Settling Parties (including December 22, 2022 Memorandum of Understanding) may be disclosed, except: (i) insofar as may be necessary to obtain court approval of the Settlement; (ii) to management employees of Defendants and other employees of Defendants as necessary to implement the Settlement, service providers to the Plan as necessary to implement the Settlement, and to Defendants’ affiliates provided they agree to maintain confidentiality; (iii) as may discuss the negotiations with the Class Membersbe necessary for Defendants to meet any federal, state or local reporting obligations; (iv) to enforce its terms; (v) to the Independent Fiduciary, and the Settling Parties’ taxor (vi) as otherwise required by law. Provided however, legal, and regulatory advisors, that any such person or insurers, provided entity to whom information is disclosed must promise in each case that they writing: (a) secure written agreements with such persons or entities that such information shall not be further disclosed, and (b) to comply with this Article 12 in all other respects. The limitations in this paragraph will also apply to the Settlement Agreement, until such time as it is filed with the Court. 12.2 Class Counsel The Settlement Administrator will establish a Settlement Website on which it will post the following documents or links to the following documents on or following the date of the Preliminary Order: the operative Complaint, ; Settlement Agreement and its Exhibits, ; Settlement Notice; Class Representative’s Motions for Preliminary and Final Approval of the Settlement, Former Participants Claim Form, Class Representatives’ Motion for Attorneys’ Fees and Costs and Award of Compensation to Class RepresentativesRepresentative, with any accompanying briefs and exhibits; any Court orders related to the Settlement, ; any amendments or revisions to these documents, ; and any other documents or information mutually agreed upon by the Settling Parties (“Settlement Website Information”). The Settling Parties will agree to the URL for the Settlement Website before it goes live. No other information or documents will be posted on the Settlement Website unless agreed to in advance by the Settling Parties in writing. Class Counsel The Settlement Administrator will take down the Settlement Website ninety90 calendar days after the Settlement Administrator certifies that distribution of the Qualified Settlement Fund is complete. 12.3 Within thirty (30) 30 calendar days of the filing of the motion for preliminary approval of the Settlement, Defendants may issue a communication to Anthem employees and/or Plan participants and beneficiaries explaining the terms of the Settlement and Plan of Allocation. Defendants shall provide a draft of the communication to Class Counsel in advance of the dissemination of the communication.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Confidentiality of Settlement Negotiations. 12.1 Except as set forth explicitly below, the Settling Parties and Class Counsel agree to keep confidential all positions, assertions, and offers made during settlement negotiations relating to the Class Action Litigation and the Settlement Agreement, except . The Settling Parties and Class Counsel further agree that they may discuss before the negotiations Motion for Preliminary Approval of the Settlement is filed with the Class MembersCourt, they will not disclose the fact of the Settlement to anyone other than as necessary for the administration of the Settlement, including the Court, the Settlement Administrator, the Independent Fiduciary, and the Settling Parties’ tax, legal, and regulatory advisorsto facilitate any mandated financial disclosures, or insurersunless such disclosure is pursuant to a valid legal process, provided in each case that they (a) secure written agreements a request by a regulatory agency or self-regulatory agency with a legal right to demand such persons information, or entities that such information shall not be further disclosed, and (b) comply with this Article 12 in all other respectsas otherwise required by law or government regulations. 12.2 Class Counsel will establish a Settlement Website on which it will post the following documents or links to the following documents on or following the date of the Preliminary Order: the operative Complaint, the Settlement Agreement and its Exhibits, Settlement Notice, Former Participants Claim Form, Class Representatives' Motion for Attorneys' Fees and Costs and Award of Compensation to Class Representatives, any Court orders related to the Settlement, any amendments or revisions to these documents, and any other documents or information mutually agreed upon by the Settling Parties (“Settlement Website Information”). No other information or documents will be posted on the Settlement Website unless agreed to in advance by the Settling Parties in writing. Class Counsel will take down the Settlement Website ninety 12.3 Within thirty ninety (3090) calendar days after the receipt of the filing of the motion for preliminary approval of the Settlement, Defendants may issue a communication to Anthem employees and/or Plan participants explaining the terms of the Settlement and Plan of Allocation. Defendants shall provide a draft of the communication to Class Counsel affidavit(s) referenced in advance of the dissemination of the communicationParagraph 6.9.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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