Gross Settlement Amount. “Gross Settlement Amount” means the Five Million Dollars ($5,000,000.00) that Defendant has agreed to pay to settle the Litigation as set forth in this Agreement. The Gross Settlement Amount shall be inclusive of payroll taxes except as described in Subsection 3.1(A).
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Gross Settlement Amount. “Gross Settlement Amount” means refers to the Five Million Dollars (total 7 payment Defendant is obligated to make in connection with the Agreement: $5,000,000.00) that Defendant has agreed to pay to settle 2,490,000. This sum 8 includes all Individual Settlement Payments, any Service Payment, all Administrative Costs, and the Litigation as set forth in this Agreement. The Gross Settlement Amount shall be inclusive of payroll taxes except as described in Subsection 3.1(A)9 Class Counsel Fees.
Appears in 2 contracts
Samples: Class Action Settlement Agreement, Class Action Settlement Agreement
Gross Settlement Amount. “Gross Settlement Amount” means the Five Million Hundred Thousand Dollars and Zero Cents ($5,000,000.00) 500,000.00), which is the maximum amount that Defendant has agreed to Covance will pay to settle the Litigation Lawsuit as set forth in this Agreement. The Gross Settlement Amount shall be inclusive of , excluding Covance’s obligation to pay the employer-side payroll taxes except as described in Subsection 3.1(A)on any portion that constitutes wages.
Appears in 1 contract
Samples: Class Action Settlement Agreement
