Determining Individual Settlement Amounts Sample Clauses

Determining Individual Settlement Amounts. The Program provides for a tiering of compensation depending on the nature of the conduct and other factors. The monetary settlements to each plaintiff who participates in the Program are based upon criteria to be administered by Xx. Xxxxxxxxx. Each plaintiff who participates in the Program may request an interview to aid Xx. Xxxxxxxxx and/or the Settlement Appeal Panel in better understanding the plaintiff’s responses to the claim form. Xx. Xxxxxxxxx and/or the Settlement Appeal Panel also retain the discretion to interview any plaintiff if clarification is needed with respect to any responses on the claim form. Xx. Xxxxxxxxx will adhere to the following Individual Range Caps and Tier Caps in determining the individual settlement amounts for plaintiffs who participate in the Program: Tier Description Individual Range Caps And Tier Caps 5 Survivors Who Come Forward With Story Of Personal Impact By Xxxxxxx Counseling 4 Non-Contact Abuse; Leering $10,000.00 – $25,000.00 (Individual Range Cap) $297,500.00 (Tier Cap) 3 Unnecessary Techniques During A Medical Exam (i.e. Disrobing For No Reason) $25,000.00 – $50,000.00 (Individual Range Cap) $975,000.00 (Tier Cap) 2 Fondling; Unnecessary/Prolonged Genital Exam; Examining Areas Of The Body That Are Not Part Of The Injury; Extensive Fondling Resulting In Erection Or Near Erection $50,000.00 – $200,000.00 (Individual Range Cap) $21,500,000.00 (Tier Cap) 1 Masturbation With Ejaculation; Fellatio; Significant Sexual Acts; Rectal Exam/Penetration Up To $250,000.00 (Individual Range Cap) $2,375,000.00 (Tier Cap) Extraordinary Injury Fund The Extraordinary Injury Fund Is Only Available for Tiers 1 and 2 $0.00 -- $350,000.00 (Individual Range Cap) $6,500,000.00 (Extraordinary Injury Fund Total Cap) For the avoidance of any doubt, the Individual Range Caps and Tier Caps are in no way a promise that a plaintiff participating in the Program will receive the maximum amount for the Tier he is placed into by Xx. Xxxxxxxxx. The Tier Caps will not be exceeded, and if a Tier Cap is exceeded, each plaintiff’s settlement amount within the Tier shall be reduced pro rata until the Tier Cap is not exceeded. In addition to the monetary settlement amounts based on the tiering system, the Program offers an Extraordinary Injury Fund, capped at $6,500,000.00, which allows Xx. Xxxxxxxxx and/or the Settlement Appeal Panel, in their discretion and based on criteria developed by Xx. Xxxxxxxxx, to increase the individual monetary settlement amo...
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Related to Determining Individual Settlement Amounts

  • Gross Settlement Amount Except as otherwise provided by Paragraph 8 below, Defendant promises to pay $290,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 14 days after the Effective Date.

  • Payment of Settlement Amount (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.

  • Net Out of Settlement Amounts The Non-Defaulting Party will aggregate all Settlement Amounts into a single amount by netting out (a) all amounts that are due to the Defaulting Party for Product that has been Delivered and not yet paid for, plus, at the option of the Non-Defaulting Party, any cash, security or other Performance Assurance then available to the Non-Defaulting Party, plus any or all other amounts due to the Defaulting Party under this Agreement against (b) all Settlement Amounts that are due to the Non-Defaulting Party, plus any or all other amounts due to the Non-Defaulting Party under this Agreement, so that all such amounts will be netted out to a single liquidated amount (the “Termination Payment”) payable by the Defaulting Party. The Termination Payment, if any, is due from the Defaulting Party to the Non-Defaulting Party within two Business Days following notice.

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).

  • Goal Setting Each unit member shall participate in an annual goal setting process to establish goals and objectives. The evaluator shall review the Evaluation Criteria in Article 12.2.1 with all unit members who are on the evaluation cycle.

  • Payments to Settlement Class Members (a) Defendant shall pay into the Escrow Account the amount of the Settlement Fund ($1,000,000.00), specified in Paragraph 1.33 of this Agreement, within sixty (60) days after Final Approval.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Rollovers of Exxon Xxxxxx Settlement Payments If you receive a qualified settlement payment from Exxon Xxxxxx litigation, you may roll over the amount of the settlement, up to $100,000, reduced by the amount of any qualified Exxon Xxxxxx settlement income previously contributed to a Traditional or Xxxx XXX or eligible retirement plan in prior taxable years. You will have until your tax return due date (not including extensions) for the year in which the qualified settlement income is received to make the rollover contribution. To obtain more information on this type of rollover, you may wish to visit the IRS website at xxx.xxx.xxx.

  • Qualified Settlement Fund The Administrator shall establish a settlement fund that meets the requirements of a Qualified Settlement Fund (“QSF”) under US Treasury Regulation section 468B-1.

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