Service Award to Named Plaintiffs. Defendant will agree to pay an award to each named Plaintiff that shall be separate and apart from any other sums agreed under Section 4 (“Service Award”). The amount of the Service Award to be paid to each of the two named Plaintiffs is $2,000, for a total of $4,000 in Service Awards. These Service Awards were not discussed or negotiated until all other substantive terms for the Class Action settlement were finalized and agreed upon.
Service Award to Named Plaintiffs. (A) In return for services rendered to the Settlement Class, in the Motion for Approval, Named Plaintiffs may apply to the Court to receive a shared Service Award of Twenty-Five Thousand Dollars ($25,000.00), divided equally between the Named Plaintiffs.
Service Award to Named Plaintiffs. The named Plaintiffs shall seek, and Defendant agrees to pay, a service award of $2,500 per Plaintiff, subject to Court approval (the “Service Award”). This service award shall be separate and apart from any other sums agreed under this Settlement Term Sheet. Class Counsel and Plaintiffs agree not to seek a Service Award greater than $2,500. Class Counsel will petition for approval of the Service Award at least 14 days before the deadline to opt-out or object, or on such other deadline as set by the Court. Defendant will pay, or cause to be paid, the amount approved by the Court that does not exceed $2,500 total. The Court- approved Service Award will not affect any benefit provided to Class Members, including Plaintiffs’ benefits as achieved through their submission of a valid Claim Form. Defendant will pay, or cause to be paid, the Court-approved Service Award within 30 days of the Effective Date by check payable to Class Counsel, or by wire transfer pursuant to wire instructions provided by Class Counsel. Defendant’s obligation for payment of any Court-approved Service Award will be fully satisfied upon receipt of the check or wire transfer by Class Counsel. Plaintiffs will bear all liability (beyond the Court-approved Service Award payment itself), and Defendant will bear no liability, for payment of taxes due, if any, on the Court-approved Service Award. No interest will accrue with respect to the Court-approved Service Award if paid in accordance with the Settlement Agreement. If the Court reduces or disapproves Class Counsel’s Service Award request, that will not be grounds to terminate the Settlement Agreement.
Service Award to Named Plaintiffs. A. In return for services rendered to the Settlement Class, at the Fairness Hearing Named Plaintiffs may apply to the Court to receive a Service Award of no more than Seven Thousand Five Hundred Dollars ($7,500.00) per Named Plaintiff.
Service Award to Named Plaintiffs. Within seven (7) days of the Effective Date, Defendants shall pay, from the Gross Settlement Fund and through the Claims Administrator, a Service Award (also known as an incentive payment) to the Named Plaintiffs in the amount of $5,000.00 each. The Parties recognize that any Service Award is subject to Court approval.
Service Award to Named Plaintiffs. In return for the services they rendered to the Class Members, Named Plaintiffs will apply to the Court to receive three thousand dollars ($3,000.00) each as a one-time Service Award from the Gross Settlement Fund, for a total of twelve thousand dollars ($12,000.00). Defendant will not oppose this application. The final amount of any Service Award shall be determined by the Court. Any amount not approved by the Court shall become part of the Net Settlement Fund.
Service Award to Named Plaintiffs. (A) In return for services rendered to the Class Members, at the Fairness Hearing, Named Plaintiffs will apply to the Court to receive no more than Five Thousand Dollars and Zero Cents ($5,000.00) each as Service Awards from the QSF.
Service Award to Named Plaintiffs i. In their Approval Motion, Named Plaintiffs will apply to the Court to receive up to $12,500.00 collectively ($5,000 for Named Plaintiff Xxxxxx, $5,000 for Named Plaintiff Xxxxxx, and $2,500 for Named Plaintiff Meeters) from the Gross Settlement Amount for the services that Named Plaintiffs Xxxxxx and Xxxxxx rendered to the Collective Action Members and that Named Plaintiff Meeters rendered to the IL Class Members. Named Plaintiffs, in consideration for the service award, agree to a full general release.
Service Award to Named Plaintiffs. In return for services rendered to the Settlement Class, at the Fairness Hearing Named Plaintiffs may apply to the Court to receive Service Awards of no more than a cumulative total of Fifteen Thousand Dollars ($15,000.00) from the QSF, which shall be divided equally amongst the two named Plaintiffs. The application for Service Awards is to be considered separately from the Court’s consideration of the fairness, reasonableness, adequacy, and good faith of the settlement of the Action. The outcome of the Court’s ruling on the application for Service Awards will not terminate this Agreement or otherwise affect the Court’s ruling on the Application for Final Approval. FILED: NEW YORK COUNTY CLERK 03/17/2021 05:58 PM NYSCEF DOC. NO. 69 INDEX NO. 154038/2018 RECEIVED NYSCEF: 03/17/2021
