Common use of Gross Settlement Amount Clause in Contracts

Gross Settlement Amount. Except as otherwise provided by Paragraphs 9 and 10 below, Defendant promises to pay $160,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer’s share of Employment and 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 Effective Date 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.

Gross Settlement Amount. Except as otherwise provided by Paragraphs Paragraph 9 and 10 below, Defendant promises to pay $160,000.00 250,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer’s share of Employment and Payroll Taxes 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 Effective Date Court’s final approval of this Agreementthe settlement, but in no event prior to April 30, 2023. 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.

Gross Settlement Amount. Except as otherwise provided by Paragraphs Paragraph 9 and 10 below, Defendant promises to pay $160,000.00 700,000 (Seven Hundred Thousand Dollars) and no more as the Gross Settlement Amount Amount, and to separately pay any and all employer’s share of Employment and Payroll Taxes 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 Effective Date deadline stated in 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 Defendant.

Gross Settlement Amount. Except as otherwise provided by Paragraphs Paragraph 9 and 10 below, Defendant promises to pay $160,000.00 and no more 450,000.00 as the Gross Settlement Amount and to separately pay any and all employer’s share of Employment and Payroll Taxes employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to will pay two-thirds of the Gross Settlement Amount (or any payroll taxes) prior to within 60 days of final approval being granted, while the Effective Date of this Agreementremaining one-third payable nine months after the initial funding date. 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.

Gross Settlement Amount. Except as otherwise provided by Paragraphs Paragraph 9 and 10 below, Defendant promises to pay three hundred thirty-seven thousand, five hundred dollars ($160,000.00 337,500.00) and no more as the Gross Settlement Amount and to separately pay any and all employer’s share of Employment and Payroll Taxes 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 Effective Date deadline stated in 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 Defendant.