Monetary Settlement Fund. 1. Subject to the provisions hereof, and in full, complete and final settlement and release of all Released Claims against the Settling Defendants and the Released Parties in the Action, any claim for Attorneys’ Fees and Expenses, Xxxxxx Counsel Fees, administrative costs, and any and all amounts to be paid to Class Members, within ten (10) days from the date of the Court’s Order granting Preliminary Approval of the Settlement, the Settling Defendants shall deposit or cause to be deposited by wire transfer to the Escrow Agent approved by the court $1,000,000 (the “Settlement Notice Fund”) payable in lawful money of the United States. Within seven (7) calendar days or five (5) business days, whichever is longer, from the Effective Date, Settling Defendants shall deposit or cause to be deposited by wire transfer to the Escrow Agent the remaining $414,000,000 payable in lawful money of the United States, subject to the operation of Section VIII.T, if applicable. Under no circumstances shall the Settling Defendants or Released Parties be required to pay more than the total of $415,000,000. The Settlement Fund is the maximum amount that the Settling Defendants shall be required to pay for settlement of the Action. The Settlement Fund will cover compensation to the Class, additional service awards to the Named Plaintiffs, the fees and costs of the Escrow Agent and Notice Administrator, the employer’s and employee’s shares of payroll taxes associated with the Settlement, Attorneys’ Fees and Expenses to Class Counsel, and Xxxxxx Counsel Fees. No portion of the Settlement Fund will revert to the Settling Defendants unless the Settlement is terminated, as described in Section VIII.A, or is not finally approved or does not become effective for any reason.
Monetary Settlement Fund. 1. nCino shall pay or cause to be paid the Settlement Payment into the Settlement Fund as consideration for the Settlement in accordance with the following paragraphs. No part of the Settlement Payment shall constitute, nor shall it be construed or treated as constituting, a payment for treble damages, fines, penalties, forfeitures, or punitive recoveries.
Monetary Settlement Fund. 1. Subject to the provisions hereof, and in full, complete, and final settlement and release of all Released Claims against Sony Pictures and the Released Parties in the Action, any claim for Attorneys’ Fees and Expenses, administrative costs, and any and all amounts to be paid to Class Members, Sony Pictures shall make the following payments:
Monetary Settlement Fund. 1. Subject to the provisions hereof, and in full, complete, and final settlement and release of all Released Claims against Blue Sky and the Released Parties in the Action, any claim for Attorneys’ Fees and Expenses, administrative costs, and any and all amounts to be paid to Class Members, Blue Sky shall make the following payments:
Monetary Settlement Fund
