Common use of Documented Ordinary Losses Clause in Contracts

Documented Ordinary Losses. In the alternative to Tier 1 and Tier 2 Alternative Cash Payments, Settlement Class Members are eligible for compensation for unreimbursed ordinary losses up to a total of $200.00 per Settlement Class Member, upon submission of a valid Claim Form and supporting documentation (except for claims for lost time). Ordinary losses may include: (a) out-of-pocket expenses incurred as a result of the Data Breach, such as the following: (i) bank fees, (ii) long distance phone charges, (iii) cell phone charges (only if charged by the minute), (iv) data charges (only if charged based on the amount of data used), (v) postage, and (vi) gasoline for local travel; (b) fees for credit reports, credit monitoring, or other identity theft insurance product purchased between October 22, 2021 and the Claims Deadline; and (c) up to three (3) hours of lost time, calculated at $25/hour, for time spent responding to issues raised by the Data Breach. To receive reimbursement for any of the above-referenced Ordinary Losses, Settlement Class Members must submit: (i) their name and current address; (ii) supporting documentation of such out-of-pocket expenses; and (iii) a description of the loss, if not readily apparent from the documentation. No documentation other than a description of their actions shall be required for members of the Settlement Class to receive compensation for attested time spent responding to issues raised by the Data Breach. This list of reimbursable documented ordinary losses is not meant to be exhaustive, but is exemplary. Settlement Class Members may make claims for any documented ordinary losses reasonably related to the Data Breach or to mitigating the effects of the Data Breach. The Settlement Administrator shall have the discretion to determine whether any claimed loss is reasonably related to the Data Breach. The maximum amount any one claimant may recover under Tier 3 benefits is $200.00.