SERVICE AWARDS TO CLASS REPRESENTATIVES Sample Clauses
The 'Service Awards to Class Representatives' clause defines the provision of additional compensation or recognition to individuals who serve as representatives for a class in class action litigation. Typically, this clause outlines the criteria for awarding such payments, such as the representative's time, effort, and risk undertaken on behalf of the class, and may specify the amount or method for determining the award. Its core practical function is to incentivize and fairly compensate class representatives for their unique contributions and responsibilities, ensuring that qualified individuals are willing to take on this important role in class action proceedings.
SERVICE AWARDS TO CLASS REPRESENTATIVES. A. At least thirty (30) days before the Request for Exclusion and Objection Deadlines, Class Counsel will file a fee application that will include a request for a Service Award for the Class Representatives in recognition for their contributions to this Litigation. Plaintiffs shall seek a Service Award of Two Thousand Five Hundred Dollars ($2,500.00) to each Plaintiff, subject to Court approval. This Service Award shall be separate and apart from any other sums agreed under this Settlement Agreement. The Settlement Administrator shall make the Service Award payment approved by the Court to the Class Representatives.
B. In the event the Court declines to approve, in whole or in part, the payment of Service Awards in the amount requested, the remaining provisions of this Settlement Agreement shall remain in full force and effect. No decision by the Court, or modification or reversal or appeal of any decision by the Court, concerning the amount of the Service Awards shall constitute grounds for termination of this Settlement Agreement.
C. The Service Awards shall be in addition to the Class Representatives’ right to submit a Claim for Benefits to Class Members.
SERVICE AWARDS TO CLASS REPRESENTATIVES. No later than thirty (30) days after the Effective Date, subject to Court approval, the Settlement Administrator shall pay a Service Award to each Class Representative. Each Class Representative shall also be eligible to recover payments as Eligible Claimants under and in accordance with the terms of this Agreement.
SERVICE AWARDS TO CLASS REPRESENTATIVES. 1. Given the efforts of the named Plaintiffs on behalf of the Settlement Class, Defendant will not oppose an application for awards of $5,000.00 each on behalf of the Class Representatives ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇. It is agreed between the Parties that the Class Representatives provided substantial assistance to Class Counsel in their prosecution of this action. Class Representatives are also eligible for payment of the awards to be paid to Settlement Class Members pursuant to their Group, as detailed in Section III(C)(1). Plaintiffs shall provide the Settlement Administrator with W-9 forms within two (2) days of the Effective Date. The substance of the Plaintiffs’ application for a service award is not part of this Agreement and is to be considered separately from the Court’s consideration of the fairness, reasonableness, adequacy and good faith of the Settlement and this Agreement. The outcome of the Court’s ruling on the application for a service award shall not terminate this Agreement or otherwise affect the Court’s ruling on the motions for settlement approval. Any service award money not approved by the Court shall become part of the Settlement Amount.
SERVICE AWARDS TO CLASS REPRESENTATIVES. Class Counsel shall be entitled, subject to Court approval, to apply to the Court for Service Awards to the Class Representatives in recognition of the time and effort they expended in their role as class representatives in an amount not to exceed $8,000 per Class Representative. The Service Awards shall be paid from the Settlement Fund.
15.2.1 Within fourteen (14) days after the Effective Date, entry of an order approving the application for the Service Awards to the Class Representatives and the Class Representatives’ submission of a Form W-9 to the Settlement Administrator, Discover shall pay the Service Awards to the Settlement Administrator, to be distributed pursuant to payment instructions in writing from Class Counsel. Class Counsel shall be responsible for delivering payment on the Service Awards to the Class Representatives after receipt of payment from the Settlement Administrator. A Form 1099 for the payment of any Service Award will be filed.
SERVICE AWARDS TO CLASS REPRESENTATIVES. A. In consideration of their service as Class Representatives, the six Named Plaintiffs may seek a class representative Service Award from the Court in a total aggregate amount of up to $18,000 to be allocated by the Court. The Service Awards are not and do not reflect compensation for any alleged deficiency in the ▇▇▇ Gear Information Campaign, any alleged defect in any ▇▇▇ Gear Jogging Stroller, or any fault, liability, wrongdoing, injury, loss, or damage whatsoever arising from the relevant products. Any Service Award allocated by the Court shall be paid forty- five (45) days after entry of Final Approval of the Settlement.