Representative Plaintiff’s Honorarium Sample Clauses

Representative Plaintiff’s Honorarium. The Parties agree that the Representative Plaintiff shall have the right to apply for an honorarium of $4,500, subject to Court approval. The honorarium payment is based on equitable principles in connection with the Representative Plaintiff’s time and efforts relating to the bringing and prosecution of the Action and the negotiation and implementation of the Settlement. The Parties agree that the application for said honorarium amount of $4,500 will be adjourned until the Supreme Court of Canada rules on the application pending before it in Attar v. Fonds d’aide aux actions collectives (file no. 39057) and should the Supreme Court refuse said application it is agreed that the $4,500 shall be paid to a charity of the Representative Plaintiff’s choice and approved by the Court. In either case, the honorarium amount of $4,500 shall be paid by the Claims Administrator to Class Counsel within ten (10) business days after the Court’s judgment on same by way of a certified cheque or bank draft made payable to either the charity or the Representative Plaintiff, as the case may be.
Sample 1
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