Common use of Gross Settlement Amount Clause in Contracts

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay Seven Hundred Eighty-Five Thousand Dollars and Zero Cents ($785,000.00) 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 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay Seven Two Hundred EightySeventy-Five Thousand Dollars and Zero Cents ($785,000.00270,000.00) 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 5.1 6.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay Seven Hundred Eighty-Five Thousand Dollars and Zero Cents ($785,000.00) 2,050,000 and no more as the Gross Settlement Amount and to separately pay Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any and all employer employer-side payroll taxes owed on the Wage Portions portion of the Individual Class PaymentsPayments allocated to wages which shall be separately paid by Defendant to the Administrator. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay Seven Hundred Eighty-Five Thousand Dollars and Zero Cents ($785,000.00) 2,700,000 and no more as the Gross Settlement Amount and to separately pay Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any and all employer employer-side payroll taxes owed on the Wage Portions portion of the Individual Class PaymentsPayments allocated to wages which shall be separately paid by Defendant to the Administrator. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay Seven Hundred Eighty-Five Thousand Dollars and Zero Cents ($785,000.00) 220,000 and no more as the Gross Settlement Amount and to separately pay Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any and all employer employer-side payroll taxes owed on the Wage Portions portion of the Individual Class PaymentsPayments allocated to wages which shall be separately paid by Defendant to the Administrator. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay Seven Hundred Eighty-Five Thousand Dollars and Zero Cents ($785,000.00) 560,000 and no more as the Gross Settlement Amount and to separately pay Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any and all employer employer-side payroll taxes owed on the Wage Portions portion of the Individual Class PaymentsPayments allocated to wages which shall be separately paid by Defendant to the Administrator. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, 8E below Defendant promises to pay Seven Two Million Six Hundred Eighty-Five Thousand Dollars and Zero Cents ($785,000.002,600,000.00) and no more as the Gross Settlement Amount (except as stated below in Paragraph 8 if the Escalator Clause is triggered) 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 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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Gross Settlement Amount. Except as otherwise provided by Paragraph 9 8 below, Defendant promises to pay Seven Hundred Eighty-Five Thousand Dollars and Zero Cents ($785,000.00) 300,000.00 in two equal installments as provided in Paragraph 4.3 below and no more as the Gross Settlement Amount Amount, and to separately pay to Administrator any and all employer payroll taxes the Employer’s Share of 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) taxes prior to the deadline stated in Paragraph 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay Seven Nine Hundred Eighty-Five Fifty Thousand Dollars and Zero No Cents ($785,000.00950,000.00) and no more as the Gross Settlement Amount 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 5.1 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.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises Defendants promise to pay Seven Hundred Eighty-Five Thousand Dollars and Zero Cents THREE HUNDRED AND FIFTY THOUSAND DOLLARS AND ZERO CENTS ($785,000.00350,000.00) 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 Defendants have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 5.1 Paragraph 6.1 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 DefendantDefendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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