Cy Pres Beneficiary Sample Clauses

Cy Pres Beneficiary. The United Way, which is a non-profit organization that supports projects that benefit employees and applicants throughout the State of California. The Parties agree that designating The United Way as the Cy Pres Beneficiary will “further the purposes of the underlying class proceedings in this action and will promote justice for all Californians.”
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Cy Pres Beneficiary. A Participating Settlement Class Member must cash, deposit, or otherwise negotiate his or her Settlement Award check within 120 calendar days after it is mailed to him or her. If a Settlement Award check is returned to the Settlement Administrator, the Settlement Administrator will make all reasonable efforts to re-mail it to the Participating Settlement Class Member at his or her correct address. The amount of any Settlement Award checks that remain uncashed, not deposited, or otherwise not negotiated following the expiration of the 120 days will be distributed evenly between Equal Rights Advocates located at 0000 Xxxxxx Xxxxxx, Xxxxx 000, Xxx Xxxxxxxxx, XX 00000 and the Wage Justice Center located at 0000 Xxxxxxxx Xxxx., 00xx Xxxxx, Xxx Xxxxxxx, XX. FINAL APPROVAL OF THE SETTLEMENT AND OBJECTING TO THE SETTLEMENT
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Cy Pres Beneficiary. The Parties agree, subject to Court approval, that the cy pres beneficiary shall be either: (1) the National Center for Youth Law (a child advocacy program) and/or (2) Public Counsel (a nonprofit organization that provides legal services to the indigent). Both are either a nonprofit organization or foundation that supports projects that will benefit the Class or similarly situated persons or that promotes the law consistent with the objectives and purposes of the underlying cause of action, or is a “nonprofit organization providing civil legal services to the indigent” or is child advocacy program cy pres beneficiary per California Code of Civil Procedure § 384(b). If, for any reason, the Court does not approve the proposed cy pres beneficiary, the Parties shall agree upon and propose, as cy pres recipient(s), no more than five alternative organizations that satisfy the requirements of California Code of Civil Procedure § 384(b).
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Cy Pres Beneficiary. Subject to Court approval, the Parties agree to engage the Rose Foundation, located at 000 0xx Xxxxxx, Xxxxx 000, Xxxxxxx, Xxxxxxxxxx 00000, for purposes of managing the distribution of any cy pres funds and the selection of an appropriate cy pres recipient(s) whose work is closely related to the issues raised by this Action and/or furthers the objectives of this Settlement Agreement. The Parties further agree, subject to Court approval, that any fees charged by the Rose Foundation will be paid exclusively from the Settlement Fund. If, for any reason, the Court does not approve the engagement of the Rose Foundation for purposes of identifying an appropriate cy pres beneficiary, the Parties shall agree upon and propose, as cy pres recipient(s), no more than five alternative organizations that satisfy the requirements of California Code of Civil Procedure § 384(b).
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Cy Pres Beneficiary. The LAFLA Legal Aid Foundation of Los Angeles, located at 0000 X. 0xx Xxxxxx Xxx Xxxxxxx, XX 00000, which is a non-profit organization that supports projects that benefits workers throughout the State of California. The Parties agree that designating Legal Aid Foundation of Los Angeles as the Cy Pres Beneficiary will “further the purposes of the underlying class proceedings in this action and will promote justice for all Californians.”
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Related to Cy Pres Beneficiary

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Contingent Beneficiary While the Annuitant is alive, the Owner may, by written Request, designate or change a Contingent Beneficiary from time to time. The Company shall not be bound by any change of Contingent Beneficiary unless it is made in writing and recorded at the Retirement Resource Operations Center.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • How do the RMD Rules Impact my Designated Beneficiary or Beneficiaries The RMD rules provide for the determination of your designated beneficiary or beneficiaries as of September 30 of the year following your death. Consequently, any beneficiary may be eliminated for purposes of calculating the RMD by the distribution of that beneficiary’s benefit, through a valid disclaimer between your death and the end of September following the year of your death, or by dividing your IRA account into separate accounts for each of several designated beneficiaries you may have designated.

  • Designated Beneficiary The individual who is designated as the Beneficiary under the Plan in accordance with Section 401(a)(9) of the Code and the regulations thereunder.

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Survivors Benefits Benefits for the surviving family members of individuals who have died from COVID–19, including cash assistance to widows, widowers, or dependents of individuals who died of COVID–19.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Beneficiary The Participant may file with the Committee a written designation of a beneficiary on such form as may be prescribed by the Committee and may, from time to time, amend or revoke such designation.

  • Pre-Retirement Death Benefit (a) Normal form of payment. If (i) the Director dies while employed by the Bank, and (ii) the Director has not made a Timely Election to receive a lump sum benefit, this Subsection 4.1(a) shall be controlling with respect to pre-retirement death benefits. The balance of the Director=s Retirement Income Trust Fund, measured as of the later of (i) the Director=s death, or (ii) the date any final lump sum Contribution is made pursuant to Subsection 2.1(b), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable for the Payout Period. Such benefits shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is less than the rate of return used to annuitize the Retirement Income Trust Fund, no additional contributions to the Retirement Income Trust Fund shall be required by the Bank in order to fund the final benefit payment(s) and make up for any shortage attributable to the less-than-expected rate of return. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is greater than the rate of return used to annuitize the Retirement Income Trust Fund, the final benefit payment to the Director=s Beneficiary shall distribute the excess amounts attributable to the greater-than-expected rate of return. The Director=s Beneficiary may request to receive the unpaid balance of the Director=s Retirement Income Trust Fund in a lump sum payment. If a lump sum payment is requested by the Beneficiary, payment of the balance of the Retirement Income Trust Fund in such lump sum form shall be made only if the Director=s Beneficiary notifies both the Administrator and trustee in writing of such election within ninety (90) days of the Director=s death. Such lump sum payment shall be made within thirty (30) days of such notice. The Director=s Accrued Benefit Account (if applicable), measured as of the later of (i) the Director's death or (ii) the date any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account pursuant to Subsection 2.1(c), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable to the Director's Beneficiary for the Payout Period. Such benefit payments shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death, or if later, within thirty (30) days after any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account in accordance with Subsection 2.1(c).

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