Common use of Restorative Payments Clause in Contracts

Restorative Payments. The Net Settlement Fund to be allocated and distributed to the Former Participants and to the Plan for distribution to Active and Inactive Participants in accordance with the Plan of Allocation shall constitute “restorative payments” within the meaning of Revenue Ruling 2002-45 for all purposes.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Restorative Payments. The Net Settlement Fund Amount to be allocated and distributed to the Authorized Former Participants Participant Class Members and to the Plan for distribution to Active and Inactive Participants the Participant Class Members in accordance with the Plan of Allocation shall constitute “restorative payments” within the meaning of Revenue Ruling 2002-45 for all purposes.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Restorative Payments. The Net Settlement Fund Amount to be allocated and distributed to the Former Participants Participant Class Members and to the Plan for distribution to Active and Inactive Participants the Participant Class Members in accordance with the Plan of Allocation shall constitute “restorative payments” within the meaning of Revenue Ruling 2002-45 for all purposes.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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