Common use of Nominee Procedures Clause in Contracts

Nominee Procedures. The Claims Administrator shall use reasonable efforts to give notice to nominee purchasers such as brokerage firms and other persons and entities that purchased or otherwise acquired Peabody publicly traded common stock during the Settlement Class Period as record owners but not as beneficial owners. Such nominees SHALL EITHER: (a) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice Packet, provide a list of the names, addresses, and emails (to the extent available) of all such beneficial owners to the Claims Administrator and the Claims Administrator is ordered to send the Notice Packet promptly to such identified beneficial owners either by mail or email (if provided); or (b) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice Packet, request from the Claims Administrator sufficient copies of the Notice Packet to mail or email to all such beneficial owners and WITHIN TEN (10) CALENDAR DAYS of receipt of those Notice Packets from the Claims Administrator forward them to all such beneficial owners. Nominees who elect to send the Notice Packet to their beneficial owners SHALL ALSO send a statement to the Claims Administrator confirming that the distribution was made and shall retain their mailing/emailing records for use in connection with any further notices that may be provided in the Action. Upon FULL AND TIMELY compliance with these directions, such nominees may seek reimbursement of their reasonable out- of-pocket expenses incurred in providing notice to beneficial owners of up to: $0.05 per Notice Packet, plus postage at the current pre-sort rate used by the Claims Administrator, for Notice Packets mailed by nominees; $0.05 per mailing record and email address provided to the Claims Administrator; and $0.05 per email of the Notice Packet by the nominee, by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with this order shall be paid from the Settlement Fund, and any disputes regarding reimbursement of such expenses shall be subject to review by the Court.

Appears in 2 contracts

Samples: Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement

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Nominee Procedures. The Claims Administrator shall use reasonable efforts to give notice to nominee purchasers such as brokerage firms and other persons and entities that purchased or otherwise acquired Peabody Conduent publicly traded common stock on the open market on a United States stock exchange during the Settlement Class Period Period, as record owners but not as beneficial owners. Such nominees SHALL EITHER: : (a) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice Packet, provide a list of the names, addresses, names and emails (to the extent available) addresses of all such beneficial owners to the Claims Administrator and the Claims Administrator is ordered to send the Notice Packet promptly to such identified beneficial owners either by mail or email (if provided)owners; or (b) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice Packet, request from the Claims Administrator sufficient copies of the Notice Packet to mail or email forward to all such beneficial owners and WITHIN TEN (10) CALENDAR DAYS of receipt of those Notice Notices Packets from the Claims Administrator forward them to all such beneficial owners. Nominees shall also provide email addresses for all such beneficial owners to the Claims Administrator, to the extent they are available. Nominees who elect to send the Notice Packet to their beneficial owners SHALL ALSO send a statement to the Claims Administrator confirming that the distribution mailing was made and shall retain their mailing/emailing mailing records for use in connection with any further notices that may be provided in the Action. Upon FULL AND TIMELY compliance with these directions, such nominees may seek reimbursement of their reasonable out- out-of-pocket expenses actually incurred in providing notice to beneficial owners of up to: $0.05 per Notice Packet, plus postage at the current pre-sort rate used by the Claims Administrator, for Notice Packets mailed by nominees; $0.05 per mailing record and email address provided to the Claims Administrator; and $0.05 per email of the Notice Packet by the nominee, by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with the terms of this order Order shall be paid from the Settlement Fund, and with any unresolved disputes regarding reimbursement as to the reasonableness or documentation of such expenses shall be incurred subject to review by the Court.

Appears in 1 contract

Samples: Settlement Agreement

Nominee Procedures. The Claims Administrator shall use reasonable efforts to give notice to nominee purchasers such as brokerage firms and other persons and entities that purchased or otherwise acquired Peabody publicly traded common stock Uniti Securities during the Settlement Class Period as record owners but not as beneficial owners. Such nominees SHALL EITHER: : (a) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice PacketNotice, provide a list of the names, addresses, names and emails (to the extent available) addresses of all such beneficial owners to the Claims Administrator and the Claims Administrator is ordered to send the Notice Packet promptly to such identified beneficial owners either by mail or email (if provided)owners; or (b) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice PacketNotice, request from the Claims Administrator sufficient copies of the Notice Packet to mail or email forward to all such beneficial owners and WITHIN TEN (10) CALENDAR DAYS of receipt of those Notice Packets Notices from the Claims Administrator forward them to all such beneficial owners. Nominees shall also provide email addresses for all such beneficial owners to the Claims Administrator, to the extent they are available. Nominees who elect to send the Notice Packet to their beneficial owners SHALL ALSO send a statement to the Claims Administrator confirming that the distribution mailing was made and shall retain their mailing/emailing mailing records for use in connection with any further notices that may be provided in the Action. Upon FULL AND TIMELY compliance with these directions, such nominees may seek reimbursement of their reasonable out- out-of-pocket expenses actually incurred in providing notice to beneficial owners of up to: $0.05 per Notice Packet, plus postage at the current pre-sort rate used by the Claims Administrator, for Notice Packets mailed by nominees; $0.05 per mailing record and email address provided to the Claims Administrator; and $0.05 per email of the Notice Packet by the nominee, by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with this order shall be paid from the Settlement Fund, and any disputes regarding reimbursement of such expenses shall be subject to review by the Court.

Appears in 1 contract

Samples: Settlement Agreement

Nominee Procedures. The Claims Administrator shall use reasonable efforts to give notice to nominee purchasers such as brokerage firms and other persons and entities that purchased or otherwise acquired Peabody Nielsen publicly traded common stock during the Settlement Class Period as record owners but not as beneficial owners. Such nominees SHALL EITHER: : (a) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice PacketNotice, provide a list of the names, addresses, names and emails (to the extent available) addresses of all such beneficial owners to the Claims Administrator and the Claims Administrator is ordered to send the Notice Packet promptly to such identified beneficial owners either by mail or email (if provided)owners; or (b) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice PacketNotice, request from the Claims Administrator sufficient copies of the Notice Packet to mail or email forward to all such beneficial owners and WITHIN TEN (10) CALENDAR DAYS of receipt of those Notice Packets Notices from the Claims Administrator forward them to all such beneficial owners. Nominees shall also provide email addresses for all such beneficial owners to the Claims Administrator, to the extent they are available. Nominees who elect to send the Notice Packet to their beneficial owners SHALL ALSO send a statement to the Claims Administrator confirming that the distribution mailing was made and shall retain their mailing/emailing mailing records for use in connection with any further notices that may be provided in the Action. Upon FULL AND TIMELY compliance with these directions, such nominees may seek reimbursement of their reasonable out- of-pocket expenses actually incurred in providing notice to beneficial owners of up to: $0.05 per Notice Packet, plus postage at the current pre-sort rate used by the Claims Administrator, for Notice Packets mailed by nominees; $0.05 per mailing record and email address provided to the Claims Administrator; and $0.05 per email of the Notice Packet by the nominee, by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with this order shall be paid from the Settlement Fund, and any disputes regarding reimbursement of such expenses shall be subject to review by the Court.

Appears in 1 contract

Samples: Settlement Agreement

Nominee Procedures. The Claims Administrator shall use reasonable efforts to give notice to nominee purchasers such as brokerage firms In the previously disseminated Class Notice, brokers and other persons and entities that nominees (“Nominees”) were advised that, if, for the beneficial interest of any person or entity other than themselves, they purchased or otherwise acquired Peabody publicly traded CSC common stock during the Settlement period between August 5, 2008 and August 9, 2011, inclusive (the “Class Period as record owners but not as beneficial owners. Such nominees SHALL EITHER: Period”), they must either: (a) WITHIN TEN within seven (107) CALENDAR DAYS calendar days of receipt of the Notice Packet, provide a list of the names, addresses, and emails (to the extent available) of all such beneficial owners to the Claims Administrator and the Claims Administrator is ordered to send the Notice Packet promptly to such identified beneficial owners either by mail or email (if provided); or (b) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice PacketClass Notice, request from the Claims Administrator sufficient copies of the Class Notice Packet to mail or email forward to all such beneficial owners and WITHIN TEN within seven (107) CALENDAR DAYS calendar days of receipt of those the copies of the Class Notice Packets from the Claims Administrator forward them to all such beneficial owners. ; or (b) within seven (7) calendar days of receipt of the Class Notice provide a list of the names and addresses of all such beneficial owners to the Claims Administrator. (a) For Nominees who elect chose the first option (i.e., elected to send mail the Class Notice directly to beneficial owners), the Claims Administrator shall forward the same number of Settlement Notice Packets to such Nominees and the Nominees shall, within seven (7) calendar days of receipt of the Settlement Notice Packets, mail them to their beneficial owners; (b) For Nominees who chose the second option (i.e., provided a list of names and addresses of beneficial holders to the Claims Administrator), the Claims Administrator shall promptly mail a copy of the Settlement Notice Packet to their each of the beneficial owners SHALL ALSO send whose names and addresses the Nominee previously supplied. Unless the Nominee purchased or acquired CSC common stock during the Settlement Class Period for beneficial owners whose names and addresses were not previously provided to the Claims Administrator, such Nominees need not take any further action; (c) For Nominees that purchased or acquired CSC common stock during the Settlement Class Period for beneficial owners who were not previously known, such Nominees shall within seven (7) calendar days of receipt of the Settlement Notice, provide a statement list of the names and addresses of all such beneficial owners to the Claims Administrator, or shall request from the Claims Administrator sufficient copies of the Settlement Notice Packet to forward to all such beneficial owners which the Nominee shall, within seven (7) calendar days of receipt of the Settlement Notice Packets, mail to the beneficial owners; and (d) Upon full compliance with this Order, Nominees who mail the Settlement Notice Packets to beneficial owners or who provide additional names and addresses of beneficial owners to the Claims Administrator confirming that the distribution was made and shall retain their mailing/emailing records for use in connection with any further notices that may be provided in the Action. Upon FULL AND TIMELY compliance with these directions, such nominees may seek reimbursement of their reasonable out- of-pocket expenses actually incurred in providing notice to beneficial owners of up to: $0.05 per Notice Packet, plus postage at the current pre-sort rate used by the Claims Administrator, for Notice Packets mailed by nominees; $0.05 per mailing record and email address provided to the Claims Administrator; and $0.05 per email of the Notice Packet by the nominee, complying with this Order by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees Nominees in compliance with the terms of this order Order shall be paid from the Settlement Fund, and with any disputes regarding reimbursement as to the reasonableness or documentation of such expenses shall be incurred subject to review by the Court.

Appears in 1 contract

Samples: Stipulation and Agreement of Settlement

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Nominee Procedures. The Claims Administrator shall use reasonable efforts to give notice to nominee purchasers such as brokerage firms In connection with the previously disseminated Class Notice, brokers and other persons nominees (“Nominees”) who purchased or otherwise acquired OvaScience common stock during the Class Period for the beneficial interest of another were requested to either: (i) provide a list of the names and entities addresses of all such beneficial owners to Xxxxxxx; or (ii) request from Xxxxxxx sufficient copies of the Class Notice to forward to all such beneficial owners and then forward those Class Notices to all such beneficial owners. (a) For Nominees who chose the first option (i.e., provided a list of names and addresses of beneficial holders to Xxxxxxx), Xxxxxxx shall, by no later than the Notice Date, mail a copy of the Settlement Notice Packet to each of the beneficial owners whose names and addresses the Nominee previously supplied. (b) For Nominees who chose the second option (i.e., elected to mail the Class Notice directly to beneficial owners), Xxxxxxx shall forward the same number of Settlement Notice Packets to such Nominees no later than the Notice Date, and the Nominees shall, by no later than seven (7) calendar days after receipt of the Settlement Notice Packets, mail the Settlement Notice Packets to their beneficial owners; (c) For Nominees that purchased or otherwise acquired Peabody publicly traded OvaScience common stock during the Settlement Class Period as record for beneficial owners but whose names and addresses were not as previously provided to Xxxxxxx or if a Nominee is aware of name and address changes for beneficial owners. Such nominees SHALL EITHER: owners whose names and addresses were previously provided to Xxxxxxx, such Nominees shall, by no later than seven (a7) WITHIN TEN (10) CALENDAR DAYS of calendar days after receipt of the Settlement Notice Packet, provide a list of the names, addresses, names and emails (to the extent available) addresses of all such beneficial owners to the Claims Administrator and the Claims Administrator is ordered to send the Notice Packet promptly to such identified beneficial owners either by mail Xxxxxxx, or email (if provided); or (b) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice Packet, shall request from the Claims Administrator Xxxxxxx sufficient copies of the Settlement Notice Packet to mail or email to all such beneficial owners and WITHIN TEN (10) CALENDAR DAYS of receipt of those Notice Packets from the Claims Administrator forward them to all such beneficial owners. , which the Nominee shall, within seven (7) calendar days of receipt of the Settlement Notice Packets from Xxxxxxx, mail to the beneficial owners; and (d) Upon full and timely compliance with this Order, Nominees who elect mail the Settlement Notice Packets to send the Notice Packet to their beneficial owners SHALL ALSO send a statement to the Claims Administrator confirming that the distribution was made and shall retain their mailing/emailing records for use in connection with any further notices that may be provided in the Action. Upon FULL AND TIMELY compliance with these directions, such nominees may seek reimbursement of their reasonable out- of-pocket expenses actually incurred in providing notice to beneficial owners of up to: $0.05 per Notice Packet, plus postage at the current pre-sort rate used by the Claims Administrator, for Notice Packets mailed by nominees; $0.05 per mailing record and email address provided to the Claims Administrator; and $0.05 per email of the Notice Packet by the nominee, complying with this Order by providing the Claims Administrator Xxxxxxx with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees Nominees in compliance with the terms of this order Order shall be paid from the Settlement Fund, and with any disputes regarding reimbursement as to the reasonableness or documentation of such expenses shall be incurred subject to review by the Court.

Appears in 1 contract

Samples: Settlement Agreement

Nominee Procedures. The Claims Administrator shall use reasonable efforts to give notice to nominee purchasers such as brokerage firms and other persons and entities that purchased or otherwise acquired Peabody Credit Acceptance publicly traded common stock during the Settlement Class Period as record owners but not as beneficial owners. Such nominees SHALL EITHER: : (a) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice Packet, provide a list of the names, addresses, names and emails (to the extent available) addresses of all such beneficial owners to the Claims Administrator and the Claims Administrator is ordered to send the Notice Packet promptly to such identified beneficial owners either by mail or email (if provided)owners; or (b) WITHIN TEN (10) CALENDAR DAYS of receipt of the Notice Packet, request from the Claims Administrator sufficient copies of the Notice Packet to mail or email forward to all such beneficial owners and WITHIN TEN (10) CALENDAR DAYS of receipt of those Notice Packets from the Claims Administrator forward them to all such beneficial owners. Nominees shall also provide email addresses for all such beneficial owners to the Claims Administrator, to the extent they are available. Nominees who elect to send the Notice Packet to their beneficial owners SHALL ALSO send a statement to the Claims Administrator confirming that the distribution mailing was made and shall retain their mailing/emailing mailing records for use in connection with any further notices that may be provided in the Action. Upon FULL AND TIMELY compliance with these directions, such nominees may seek reimbursement of their reasonable out- out-of-pocket expenses actually incurred in providing notice to beneficial owners of up to: $0.05 per Notice Packet, plus postage at the current pre-sort rate used by the Claims Administrator, for Notice Packets mailed by nominees; $0.05 per mailing record and email address provided to the Claims Administrator; and $0.05 per email of the Notice Packet by the nominee, by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with this order shall be paid from the Settlement Fund, and any disputes regarding reimbursement of such expenses shall be subject to review by the Court.

Appears in 1 contract

Samples: Settlement Agreement

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