Enhanced Minimum Recall Rebate Sample Clauses

Enhanced Minimum Recall Rebate. 1. Under the Voluntary Recall, Settlement Class Members may choose a Recall Rebate for the purchase of a new, replacement Samsung or other brand washing machine. For Claimants who already selected a Recall Rebate under the Voluntary Recall or who select a Recall Rebate prior to the Claims Deadline, Defendants will provide an Enhanced Minimum Recall Rebate equal to a net 15.5 percent of the Estimated Purchase Price of the Claimant’s Washer. Therefore, a Claimant who previously obtained a Recall Rebate under the Voluntary Recall would, under the Enhanced Minimum Recall Rebate, receive the difference in value, if any, between 15.5 percent of the Estimated Purchase Price of the Claimant’s Washer and the percentage of the Estimated Purchase Price that the Claimant previously received for his or her Recall Rebate under the Voluntary Recall. For example, if a Claimant previously received a Recall Rebate valued at 6 percent of the Estimated Purchase Price of the Claimant’s Washer, then the Claimant would be eligible under this Agreement to receive an electronic transfer or check in the amount necessary to increase the net value of their Recall Rebate to 15.5 2. To obtain an Enhanced Minimum Recall Rebate under this Section IV.A, the following procedures apply: a. For a Claimant who has already received a Recall Rebate but whose Recall Rebate was less than 15.5 percent of the Estimated Purchase Price of the Claimant’s Washer, such Claimant must submit no later than the Claims Deadline: (1) a properly completed and executed Claim Form; and (2) documentation evidencing (i) that the Claimant previously participated in the Voluntary Recall and selected the Recall Rebate option, and (ii) the dollar amount of the Recall Rebate received by the Claimant under the Voluntary Recall; or b. For a Settlement Class Member, who, following the Notice Date, seeks a Recall Rebate under the Voluntary Recall and seeks to receive the Enhanced Minimum Recall Rebate, such Settlement Class Member must submit no later than the Claims Deadline a properly completed and executed Claim Form stating the model number and serial number of the Settlement Class Member’s Washer. The Enhanced
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