Plaintiffs’ Counsel’s Attorneys’ Fees. Costs, and Expenses; Service Award to 13 Representative Plaintiffs
Plaintiffs’ Counsel’s Attorneys’ Fees. Plaintiffs’ counsel will seek recovery of attorney’s fees of six million two hundred fifty thousand dollars ($6,250,000.00) and expenses of approximately two million five hundred thousand dollars ($2,500,000.00). The actual amount awarded will be subject to Court approval. Should the Court determine that a different amount should be awarded for attorney’s fees and expenses to Plaintiffs’ counsel, such a determination will not constitute grounds for voiding this Settlement Agreement. The fees and expenses will be paid by the Trustee out of the Gross Resolution Proceeds after (but not before) the Settlement Proceeds are released to the Trust in accordance with paragraph D(4) below. If the Settlement Proceeds are not released to the Trust from the JPMorgan escrow accounts referred to in D(2) above (for example if the Agreed Final Judgment is reversed on appeal), no attorney’s fees or expenses will be paid to Plaintiffs’ counsel under this Settlement Agreement.
Plaintiffs’ Counsel’s Attorneys’ Fees. Costs, and Expenses, and Incentive Awards to Representative Consumer Plaintiffs and Named Plaintiffs
