Service Award. Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.
Service Award. Subject to approval by the Superior Court, in addition to a Settlement Award computed as described above, each of the Named Plaintiffs shall receive a separate Service Award, which will be treated as non-wages, on which there will be no payroll tax withholdings and for which an IRS Form 1099 (marked “Other Income”) shall be issued to the taxing authorities and Named Plaintiffs. Subject to approval by the Superior Court, each Service Award shall be in the amount of Two Thousand, Five Hundred Dollars ($2,500.00).
Service Award. Subject to Court approval, the Class Representatives shall be entitled to receive a Service Award of up to $5,000.00 each for their role as the Class Representatives. The Service Awards shall be paid no later than 10 days after the Effective Date.
Service Award. Half-time teachers shall accumulate service for service awards at the rate of one (1) month credit for every month of service.
Service Award. “Service Award” means the amount to be paid to the Class Representatives to compensate them for the time and effort on behalf of the Class, subject to approval of the Court, and which shall not exceed a total amount of five thousand dollars ($5,000) for both Class Representatives combined.
Service Award. The term “Service Award” means payment awarded by the Court to compensate Plaintiffs for efforts in the Lawsuit on behalf of the Settlement Class.
Service Award. Class Counsel will request, and Defendant will not oppose, a Service Award not to exceed Five Thousand Dollars and Zero Cents ($5,000.00), to be paid by Defendant from the Settlement Fund. If the Court awards the Service Award, then Plaintiff will provide to Defendant a completed W9 form within fifteen (15) days after the entry of the Final Approval Order, and Defendant will deliver to Class Counsel a check made payable to Plaintiff within ten (10) days after the Effective Date.
Service Award. RMCHCS agrees not to object to Plaintiffs’ request for Service Awards in an amount not to exceed $2,500.00 to each named Plaintiff for their time and effort on behalf of the Settlement Class. Class Counsel and each Plaintiff agree not to seek or accept a Service Award greater than $2,500.00 each. Class Counsel will petition for approval of the Service Awards at least 14 days before the deadline for Settlement Class Members to Exclude themselves or Object, or any other deadline set by the Court. RMCHCS will pay the amount approved by the Court that does not exceed $2,500.00 per named Plaintiff. The Court-approved Service Awards will not affect any benefit provided to Settlement Class Members, including Plaintiffs. The Service Awards to named Plaintiffs were negotiated after the primary terms of the settlement were negotiated. RMCHCS will pay the Court-approved Service Awards within 10 business days of the Effective Date or the Court’s Order approving this award, whichever is later, by check payable to “Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA Account” or by wire transfer to the client trust account of Class Counsel, Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA 2 Class Counsel in this matter are Xxxxx X. Xxxxx and Xxxx X. Xxxxxxx of Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC. Account at Banco Popular, San Xxxx, Puerto Rico, so long as the necessary documentation, including completed and executed tax reporting forms, is provided by Class Counsel. RMCHCS’s obligation for payment of any Court-approved Service Awards will be fully satisfied upon receipt of the check or wire transfer by Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC. Plaintiffs will bear all liability, and RMCHCS will bear no liability, for payment of taxes due, if any, on the Court-approved Service Awards. No interest will accrue with respect to the Court-approved Service Awards if paid in accordance with the Settlement Agreement.
Service Award. Subject to Court approval, Named Plaintiffs shall each be entitled to receive a service award of up to ten thousand dollars ($10,000) from the Settlement Fund for their role as the Named Plaintiffs. The Parties agree that the Court’s failure to approve, in whole or in part, any service award shall not prevent the Agreement from becoming effective, nor shall it be grounds for termination.
Service Award. 39.3 (a) Where an Employee who was eligible to be covered by the service award plan in Schedule 2: Service Award or Schedule 3: Public Service Award on July 31, 1998 satisfies the College that the Employee is in receipt of a pension under the Teachers’ Pension Act or the Public Service Superannuation Act, or where such Employee attains the age of sixty (60) years and retires from the College or elects a deferred pension under the Teachers’ Pension Plan, the College shall grant to the Employee a service award. Such service award shall be in accordance with the provisions outlined in Schedule 2 or Schedule 3 as appropriate. For greater certainty, any Employee who had probationary or regular status on July 31, 1998 under a previous Collective Agreement applying to Employees shall be eligible to be covered by the provisions specified in Schedule 2 or Schedule 3, as appropriate.
