Common use of HOW SETTLEMENT PAYMENTS WILL BE DISTRIBUTED Clause in Contracts

HOW SETTLEMENT PAYMENTS WILL BE DISTRIBUTED. If you are currently participating or have an account balance in the Plan and are a Settlement Class member, any share of the Net Settlement Amount to which you are entitled will be deposited into your Plan account. If you are a Former Participant (i.e., no longer a participant in the Plan) and are a Settlement Class member, such funds shall be paid directly to you by the Settlement Administrator.

Appears in 4 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement

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HOW SETTLEMENT PAYMENTS WILL BE DISTRIBUTED. If you are currently participating or have an a positive account balance in the Plan and are a Settlement Class member, any share of the Net Settlement Amount to which you are entitled will be deposited into your Plan account. If you are a Former Participant (i.e., no longer a participant in the Plan) and are a Settlement Class member, such any funds you are entitled to shall be paid directly to you by check by the Settlement Administrator.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Action Settlement Agreement

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HOW SETTLEMENT PAYMENTS WILL BE DISTRIBUTED. If you are currently participating or have an a positive account balance in the Plan and are a Settlement Class member, any share of the Net Settlement Amount to which you are entitled will be deposited into your Plan account. If you are a Former Participant (i.e., no longer a participant in the Plan) and are a Settlement Class member, such funds shall be paid directly to you by the Settlement Administrator.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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