Common use of Service Award Clause in Contracts

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.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Service Award. “Service Award” means shall mean the amount to be paid to the Class Representatives Representative to compensate them her for the her time and effort efforts 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).

Appears in 1 contract

Samples: Class Action Settlement Agreement

Service Award. “Service Award” means the amount to be paid to the Class Representatives Representative to compensate them her for the her time and effort efforts on behalf of the Class, subject to approval of the Court, and which shall not exceed a total amount of seven thousand five thousand hundred dollars ($5,000) for both Class Representatives combined7,500.00).

Appears in 1 contract

Samples: Class Action Settlement Agreement

Service Award. “Service Award” means the amount to be paid sum of money awarded to the Class Representatives Representative for his participation in the Action. Defendant agrees to compensate them for pay the time and effort on behalf Class Representative a service award of the Classup to $5,000, subject to approval of the Court’s approval. The service award will be paid separate and apart from, and which shall will not exceed a total amount of five thousand dollars ($5,000) for both Class Representatives combinedreduce, the benefits to the Class.

Appears in 1 contract

Samples: Settlement Agreement

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Service Award. “Service Award” means the amount to be paid to the Class Representatives Representative to compensate them her for the her time and effort efforts 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).

Appears in 1 contract

Samples: Class Action Settlement Agreement

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