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Cy pres Award Sample Clauses

Cy pres Award. If there are undistributed amounts remaining in the Settlement Fund after the check−cashing period described in the preceding paragraph and a second distribution is not administratively feasible, the Parties agree that these amounts shall be paid to cy pres recipients as follows: a. 50% to the Washington Community Action Network (Washington CAN); and
Cy pres Award. If there are undistributed amounts remaining in the Settlement Fund after the check cashing period described in the preceding paragraph and a second distribution is not administratively feasible, meaning that after deducting the costs of the second distribution from the Settlement Fund, sufficient funds remain to make payments of at least $20 to Settlement Class Members who cashed checks, the Parties agree that these amounts shall be paid to cy pres recipients as follows: a. 50% to the Northwest Consumer Law Center; and b. 50% to the Legal Foundation of Washington.
Cy pres Award. Any undistributed amounts remaining in the Settlement Fund after the check-cashing period described in the preceding paragraph shall be paid to the Legal Foundation of Washington.
Cy pres Award. After claims payments to Settlement Class members, and the payment of attorney’s fees, expenses, costs to the Settlement Administrator and the incentive award to Plaintiff are made, any money remaining in the Settlement Fund as a result of either (a) the Settlement Fund exceeding the full and complete payments in accordance with this Settlement, including payments of all valid claims on a pro rata basis not to exceed a net payment of $500 per claim per call received, or (b) any of the claims checks issued by the Settlement Administrator not being cashed within 60 days, shall be paid as a cy pres distribution to Beyond Housing, Inc. in St. Louis, Missouri.
Cy pres Award. If any monies remain in the Settlement Fund following all payments made for Attorneys’ Fees and Expense Award, Service Award, costs and expenses of notice and settlement administration, purchase of the Settlement Offering, and payment on Reimbursement Claims, such funds shall not revert to Defendant. Such funds shall instead be distributed, subject to Court approval, to a charity approved by the Court. The Settlement Administrator shall report to the Parties the amount of uncollected and remaining monies in the Settlement Fund no later than 30 days after the stale date of the last check that is paid on a Reimbursement Claim.
Cy pres AwardIn the event that the Settlement Fund, after payment of costs, expenses, and attorneys’ fees, is not fully depleted by Participating Claimants (i.e., if the number of Participating Claimants receiving a maximum amount for their subclass does not fully deplete the Settlement Fund), the amount left over will be donated to Kansas Legal Services within 30 days. Further, any un-cashed check(s) after six (6) months will be void and those funds will be held in trust by the Settlement Administrator for a period of two (2) years from the date of Final Approval during which the Participating Claimant of such funds can request payment from the Settlement Administrator. Any unclaimed amounts remaining in trust at the close of the two-year period following Final Approval shall be donated to Kansas Legal Services within 30 days of the close of that two-year period.
Cy pres Award. If there are undistributed Settlement Proceeds remaining after the check‐cashing period described in the preceding paragraph, the parties agree that these amounts shall be paid to Public Justice in cy pres.
Cy pres Award. Any amounts remaining in the Settlement Fund after payment of the foregoing amounts and after the expiration date for all checks issued to Class Members shall be divided equally between the Southern Coalition for Social Justice and Legal Foundation of Washington.

Related to Cy pres Award

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Restricted Stock Unit Award The Grantee is hereby granted NUMBER OF SHARES restricted stock units (the "Restricted Stock Units"). Each Restricted Stock Unit represents the right to receive one share of the Company's Common Stock, $.001 par value (the "Stock"), subject to the terms and conditions of this Agreement and the Plan.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Grant of Restricted Stock Unit Award The Company hereby grants to the Participant, as of the Grant Date specified above, the number of RSUs specified above. Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of the shares of Common Stock underlying the RSUs, except as otherwise specifically provided for in the Plan or this Agreement.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Award Criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.