Common use of Effect of Opt-Out from Settlement Class Clause in Contracts

Effect of Opt-Out from Settlement Class. All individuals within the Settlement Class who timely submit a valid Request for Exclusion (and who do not also submit a Claim Form) will, subject to Court approval, exclude themselves from the Settlement Class and preserve their ability to independently pursue, at their own expense, any individual claims he or she claims to have against Defendant. Any such individual within the Settlement Class who so opts out will not be bound by further orders or judgments in the Litigation as they relate to the Settlement Class.

Appears in 2 contracts

Samples: Settlement Agreement and Release, Settlement Agreement

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Effect of Opt-Out from Settlement Class. All individuals within the Settlement Class who timely submit a valid Request for Exclusion (and who do not also submit a Claim Form) will, subject to Court approval, exclude themselves from the Settlement Class and preserve their ability to independently pursue, at their own expense, any individual claims he or she claims they wish to have assert against Defendant. Any such individual within the Settlement Class who so appropriately opts out will not be bound by further orders or judgments in the Litigation as they relate to the Settlement Class.

Appears in 1 contract

Samples: Settlement Agreement

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Effect of Opt-Out from Settlement Class. All individuals within the Settlement Class who timely submit a valid Request for Exclusion (and who do not also submit a Claim Form) will, subject to Court approval, exclude themselves from the Settlement Class and preserve their ability to independently pursue, at their own expense, any individual claims he or she claims to have against Defendant. Any such individual within the Settlement Class who so appropriately opts out will not be bound by further orders or judgments in the Litigation as they relate to the Settlement Class.

Appears in 1 contract

Samples: Settlement Agreement

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