Enhancement Award Sample Clauses

Enhancement Award. Subject to Court approval, in addition to any payment Plaintiff receives in their capacity as Class Member, Plaintiff will individually receive an enhancement award from the Gross Settlement Fund for his service as Representative Plaintiff in an amount up Five Thousand Dollars ($5,000). If the Court does not approve the full amount sought for the enhancement awards, the difference between this amount and the actual amount approved shall be returned to the Net Settlement Fund to be distributed to the Settlement Class Members according to the formula set forth below. Representative Plaintiff’s enhancement awards will be distributed by the Settlement Administrator, will not be treated by the Parties as subject to taxation and will include the issuance of an IRS Form 1099 in connection with this payment. No other Form 1099s will be issued to Representative Plaintiff.
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Enhancement Award. In recognition of their efforts and work in prosecuting the Actions, 25 Defendant agrees not to oppose or impede any application or motion for Enhancement Awards in an 26 amount up to Seven Thousand Five Hundred Dollars ($7,500) each (for a total of $15,000) to Plaintiffs.
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Enhancement Award. Plaintiff’s Counsel will file an application for approval of an enhancement award to Plaintiff in an amount not to exceed a maximum total of $10,000. The addition of any new named plaintiffs to the Complaint shall not increase the Maximum Settlement Amount or the maximum total amount of enhancement awards specified herein. This enhancement award is in addition to the individual settlement award to Plaintiff as a member of the Plaintiff Class. Defendant agrees not to object to such application. Any such enhancement award approved by the Court shall be paid from the Maximum Settlement Amount. Any such enhancement award, or amount thereof, not approved by the Court shall revert to the Settlement Class Members. The named Plaintiff’s enhancement award funds will be reported to the IRS on Form 1099. In the event that this settlement does not receive final approval from the Court (or if a final approval order is reversed on appeal), no party shall use the foregoing provision or the application of or award for an enhancement for any purpose whatsoever in this Lawsuit or in any other action or proceeding.
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Enhancement Award. “Enhancement Award” is the monetary amount approved by the Court (if any), to be paid to Plaintiffs from the Settlement Fund for serving as named plaintiffs in the Action.
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Enhancement Award. Class Counsel will apply to the Court for, and Defendants will not oppose, payment from the Gross Settlement Fund of up to Five Thousand Dollars and 00/100 Cents ($5,000.00) to Barco, Xolalpa and Xxxxxxx each for their service as Class Representatives (“Enhancement Award”). This amount shall be paid in addition to the Plaintiff's pro rata share of the Net Settlement Fund as set forth in Paragraph 13. If the Court approves less than the amount requested by Class Counsel, the difference between the requested and awarded amounts will be included in the Net Settlement Fund and distributed pro rata to the Settlement Class Members as set forth in Paragraph 13.
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Enhancement Award. Class Counsel will file an application for approval of an enhancement award to Plaintiff in an amount not to exceed $5,000. Defendant agrees not to object to such application. Any such enhancement award approved by the Court shall be paid from the Maximum Settlement Amount.
Sample 1
Enhancement Award. Subject to Court approval, in addition to any payment Plaintiff Harbor receives in his capacity as a Class Member, Plaintiff Harbor will individually receive an enhancement award from the Gross Settlement Fund for his services as the Representative Plaintiff in an amount up to Five Thousand Dollars ($5,000). If the Court does not approve an award of Five Thousand Dollars ($5,000) for the Representative Plaintiff, the difference between this amount and the actual amount approved shall be returned to the Net Settlement Fund to be distributed to the Settlement Class Members, according to the formula set forth below. The Representative Plaintiff’s enhancement award will be distributed by the Settlement Administrator, will not be treated by the Parties as subject to taxation, and will include the issuance of an IRS Form 1099 in connection with this payment. No other Form 1099s will issue to the Representative Plaintiff.
Sample 1
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Related to Enhancement Award

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Service Award Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Award Award shall be made on an all-or-none total estimated bid basis to the lowest responsive and responsible Bidder.

  • Performance Improvement Plan timely and accurate completion of key actions due within the reporting period 100 percent The Supplier will design and develop an improvement plan and agree milestones and deliverables with the Authority 3.2 The Authority may from time to time make changes to the KPIs measured as set out in paragraph 3.1 above and shall issue a replacement version to the Supplier. The Authority shall give notice In Writing of any such change to the KPIs measured and shall specify the date from which the replacement KPIs must be used for future reports. Such date shall be at least thirty (30) calendar days following the date of the notice to the Supplier.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Performance Security 47.1 Within twenty-one (21) days of the receipt of Letter of Acceptance from the Procuring Entity, the successful Tenderer, if required, shall furnish the Performance Security in accordance with the GCC 18, using for that purpose the Performance Security Form included in Section X, Contract Forms. If the Performance Security furnished by the successful Tenderer is in the form of a bond, it shall be issued by a bonding or insurance company that has been determined by the successful Tenderer to be acceptable to the Procuring Entity. A foreign institution providing a bond shall have a correspondent financial institution located in Kenya, unless the Procuring Entity has agreed in writing that a correspondent financial institution is not required. 47.2 Failure of the successful Tenderer to submit the above-mentioned Performance Security or sign the Contract shall constitute sufficient grounds for the annulment of the award and forfeiture of the Tender Security. In that event the Procuring Entity may award the Contract to the Tenderer offering the next lowest Evaluated Tender. 47.3 Performance security shall not be required for a contract, if so specified in the TDS.

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