Monetary Settlement Funds Sample Clauses

Monetary Settlement Funds. 15.1.1 To satisfy and settle all claims for damages of the Named Plaintiffs in the Lawsuit, and all claims for Statutory Minimum Damages of members of the Damages Settlement Sub-Class, Kmart will pay thirteen million and thirty-six thousand (13,036,000) dollars, to be split as follows: (a) ten thousand (10,000) dollars each to the three (3) Named Plaintiffs; (b) one thousand (1,000) dollars each to the six (6) Damages Settlement Sub-Class Named Plaintiffs; and (c) eight million (8,000,000) dollars in cash and five million (5,000,000) dollars in Gift Cards, comprising the Damages Sub-Class Fund, to be allocated among the Damages Settlement Sub-Class in the manner set forth in Paragraph 15.5.