Payments to the Settlement Class Sample Clauses

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Settlement Award”) from the Settlement. Settlement Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Gross Settlement Amount the amounts approved by the Court for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, Plaintiff’s Class Representative Service Award, the Settlement Administrator’s fees and expenses for administration, and the amount designated as PAGA civil penalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Amount.” B. From the Net Settlement Amount, the Settlement Administrator will calculate each Settlement Class member’s Settlement Award based on the following formula: each participating Settlement Class Member shall receive a proportionate settlement share based upon the number of workweeks the Settlement Class Member worked during the Class Period, the numerator of which is the Settlement Class Member’s total workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all Settlement Class Members (who do not opt out) who worked during the Class Period.
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Payments to the Settlement Class. Settlement Awards will be determined and paid as follows: A. All Settlement Class Members will be eligible to receive a Settlement Award. California Class Members and PAGA Members are not required to submit a claim form to receive a Settlement Award. Opt-Ins, Arbitrants and Potential Arbitrants must return a release form to receive a Settlement Award. B. Class Counsel shall determine the initial allocation of the monetary amount of individual Settlement Awards for Settlement Class Members, first deducting from the Gross Settlement Amount the amounts for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, Plaintiff’s Class Representative Service Award, the LWDA’s share of the PAGA payment, and a Contingency Fund of $100,000. The remaining amount shall be known as the “Net Settlement Amount.” C. The Contingency Fund shall be used for Class Member Settlement Awards to account for differences between Initial Settlement Award Allocations and Final Settlement Award Allocations. D. From the Net Settlement Amount, Class Counsel will calculate each Settlement Class Member’s Settlement Award based on Class Counsel’s damages analysis, with a reasonable minimum allocation amount for each person. E. The notices of settlement to California Class Members will advise them of their Initial Settlement Award Allocation and opportunity to opt-out of the settlement. The notices of settlement to Opt-ins, Arbitrants, and Potential Arbitrants will advise them of their Initial Settlement Award Allocations and their opportunity to accept or reject the settlement. F. The Gross Settlement Amount shall be deposited with the Settlement Administrator within Ninety (90) calendar days of the Court, or if necessary, Special Master, entering an order granting final approval, or, solely in the event that there are any objections to the settlement (the filing of an objection being a prerequisite to the filing of an appeal), the later of: (i) the last date on which any appeal might be filed or (ii) the successful resolution of any appeal(s) – including expiration of any time to seek reconsideration or further review. G. On or before the date of Defendant’s deposit of the Gross Settlement Amount with the Settlement Administrator, Class Counsel will calculate the Final Settlement Award Allocations. The allocations of any Settlement Class Members who do not participate in the settlement, as well as any unused portions of the Contingency Fund, and any requested but unapproved atto...
Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Settlement Award”) from the Settlement. Settlement Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Gross Settlement Amount the amounts approved by the Court for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, Plaintiff’s Class Representative Service Award, the Settlement Administrator’s fees and expenses for administration, and the amount designated as PAGA civil penalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Amount.” B. From the Net Settlement Amount, the Settlement Administrator will calculate each Settlement Class member’s Settlement Award based on the following formula: i. The Net Settlement Amount shall be allocated to Settlement Class members who worked during the Class Period, as follows: each participating Settlement Class member shall receive a proportionate settlement share based upon the number of pay periods worked as a Driver during the Class Period, the numerator of which is the Settlement Class member’s total pay periods worked as a Driver during the Class Period, and the denominator of which is the total pay periods worked as Drivers by all Settlement Class members (who do not opt out) who worked during the Class Period.
Payments to the Settlement Class. Settlement Class Members are not required to submit a claim form to receive a payment (“Individual Settlement Payment”) from the Settlement. Individual Settlement Payments will be determined and paid as follows: A. The Claims Administrator shall first deduct from the Maximum Settlement Amount the amounts approved by the Court for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, the Class Representative Enhancement Payment, LWDA Payment, the Claims Administrator’s costs. The remaining amount shall be known as the “Net Settlement Amount.” B. From the Net Settlement Amount, the Claims Administrator will calculate each Settlement Class Member’s Individual Settlement Payment based on the following formula:
Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement Payment”) from the Settlement. Individual Settlement Payments will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Settlement Amount the amounts approved by the Court for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, the Class Representative Enhancement Payment, the Settlement Administrator’s fees and expenses for administration, and the amount of PAGA civil penalties designated as payable to the LWDA. The remaining amount shall be known as the “Net Settlement Amount.”
Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Settlement Award”) from the Settlement. Settlement Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Gross Settlement Amount the amounts approved by the Court for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, the Class Representative Enhancement Payment, the Settlement Administrator’s fees and expenses for administration, and the amount of PAGA civil penalties. The remaining amount shall be known as the “Net Settlement Amount” or “NSA”. B. From the Net Settlement Amount, the Settlement Administrator will calculate each Settlement Class member’s Settlement Award based on the following formula:
Payments to the Settlement Class. Settlement Class Members are not required to submit a claim form to receive a payment Individual Settlement Payment . Individual Settlement Payments will be determined and paid as follows: A. The Settlement Administrator shall first deduct from Maximum Settlement Amount Enhancement Payments, the Settlement , and AGA payment. B. From the Net Settlement Amount, the Settlement Administrator will calculate each Settlement Class M Individual Settlement Payment based on their proportionate number of workweeks worked during the Class Period by multiplying the remaining Net Settlement Amount by a fraction, the numerator of which is the workweeks worked during the Class Period, and the denominator of which is the total number of workweeks worked by all participating Settlement Class Members during the Class Period. C. Within fourteen (14) calendar days following the deposit of the Maximum Settlement Amount with the Settlement Administrator, the Settlement Administrator will calculate each Settlement Class M Individual Settlement Payment and will prepare and mail Individual Settlement Payments to Settlement Class Members. D. Each Individual Settlement Payment shall be allocated as 80% penalties and interest and 20% wages. The Settlement Administrator will issue each participating Settlement Class Member an IRS Form 1099 (for amounts paid as penalties and interest) and an IRS Form W-2 (for amounts paid as wages).
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Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Settlement Award”) from the Settlement. Individual Settlement Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Gross Settlement Amount the amounts approved by the Court for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, the Class Representative Enhancement Payment, the Settlement Administrator’s fees and expenses for administration, and the amount designated as PAGA civil penalties. The remaining amount shall be known as the “Net Settlement Amount” or “NSA.”
Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment from the Settlement Settlement Award. Settlement Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Gross Settlement Amount
Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Settlement Award”) from the Settlement. Settlement Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Gross Settlement Amount the amounts approved by the Court for Class Counsel’s attorneys’ fees, Class Counsel’s costs and expenses, the Class Representatives’ Enhancement Awards, the Settlement Administrator’s fees and expenses for administration, and the amount set aside as PAGA civil penalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Amount.” B. PAGA Amount: From the Net Settlement Amount, $15,000.00 has been allocated as the “PAGA Amount” as stated above. The PAGA Amount will be distributed to all Settlement Class members (whether or not they opt out) who performed work for Mission Produce in California during the PAGA Period, based on each Settlement Class member’s proportionate number of pay periods worked for Mission Produce in California during the PAGA Period.
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