Provision of Information for Aggrieved Employees and Reimbursement Aggrieved Employees Sample Clauses

Provision of Information for Aggrieved Employees and Reimbursement Aggrieved Employees. Within ten (10) business days after the Effective Date, Defendant will provide the Settlement Administrator with information for the Aggrieved Employees, and Reimbursement Aggrieved Employees. Defendant will, in good faith, compile from its records a list of the Aggrieved Employees, and Reimbursement Aggrieved Employees that will be in a computer-readable format, such as a Microsoft Excel spreadsheet, and will include each employee’s full name, last known mailing address, last known telephone number, pay period information, and Social Security number. Because Social Security numbers are included in the list, the Settlement Administrator will maintain the list in confidence, and access will be limited to those with a need to use the list as part of the administration of the Settlement. Within ten (10) business days of receiving the Aggrieved Employees’ and Reimbursement Aggrieved Employees’ information from Defendant, the Settlement Administrator will circulate to counsel for both Parties an anonymized spreadsheet containing the Individual Settlement Payments to each Aggrieved Employee and Reimbursement Aggrieved Employee and the data used to calculate said payments. The Settlement Administrator will also determine whether the Escalator Clause in Paragraphs III.(3) has been triggered. The Settlement Administrator will obtain approval from all counsel for the Parties of the calculations before mailing Individual Settlement Payments.