Service Awards to Named Plaintiffs. (A) In return for services rendered to the Class and in consideration for execution of the General Release set forth in Section 5.3 herein, at the Fairness Hearing, Class Counsel will seek Court approval of Service Awards of Fifteen Thousand Dollars and Zero Cents ($15,000.00) each for Named Plaintiffs Xxxxx Xxxx, Xxxxxx Xxxxxxx, and Xxxxxxx Xxxxx.
(B) The Service Awards shall be sent to Named Plaintiffs no later than four (4) days after Defendant’s transfer of the Gross Settlement Amount to the Settlement Administrator.
(C) Defendant agrees not to oppose Plaintiffs’ request for Service Awards in accordance with this Agreement.
(D) The Settlement Administrator shall determine the tax treatment of the Service Awards to Named Plaintiffs.
Service Awards to Named Plaintiffs. Subject to the Court’s approval, the six Named Plaintiffs shall receive a Service Award not to exceed five thousand dollars ($5,000) each for their time and efforts in bringing and prosecuting this matter. Within thirty (30) days of the Effective Date, the Settlement Administrator shall issue checks to the Named Plaintiffs in the amounts approved by the Court. Said payments shall be made from the Settlement Fund.
Service Awards to Named Plaintiffs. Subject to the Court’s approval, Named Plaintiffs shall each receive Ten Thousand Dollars ($10,000.00) for their efforts in bringing and prosecuting this matter. The Qualified Settlement Fund shall issue a Form 1099 for these payments. This payment shall be made within five (5) business days after the Effective Date.
Service Awards to Named Plaintiffs i. In their Approval Motion, Named Plaintiffs will apply to the Court to receive $15,000 each from the Gross Settlement Amount for the services they rendered to the Settlement Class.
ii. These Service Awards and any requirements for obtaining any such payment are separate and apart from, and in addition to, Named Plaintiffs’ recovery from the Net Settlement Fund as an Eligible Settlement Class Member. The substance of the Named 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 Approval Motion. Any Service Award money not approved by the Court shall become part of the Net Settlement Fund.
Service Awards to Named Plaintiffs. (A) In return for services rendered to the Class Members and in exchange for the execution of a general release of claims, including but not limited to, FLSA Claims and NYLL Claims, Named Plaintiffs will apply to the Court to receive no more than Seven Thousand Dollars and Zero Cents ($7,000.00) each as a Service Award from the QSF, exclusive of their Individual Net Amount.
(B) 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 any approval motion, the Approval Order or the fairness or reasonableness of settlement. Defendant may not oppose Plaintiffs’ application for Service Awards.
Service Awards to Named Plaintiffs. (A) In return for services rendered to the Class Members, at the Fairness Hearing, Named Plaintiffs Xxxxxx Xxxxxx, Xxxxx Xxxxx, and Xxxx Xxxxxx will apply to the Court to receive no greater than Ten Thousand and No/l00ths Dollars ($10,000.00) each as a Service Award from the QSF. Defendant will not oppose such applications.
(B) Named Plaintiffs who receive Service Awards agree to execute a general release of claims as provided in Section 4.1(B) below.
(C) 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 Litigation. 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 Motion for Final Approval.
Service Awards to Named Plaintiffs. (A) In return for services rendered to the Class Members, or the Settlement Class, and in exchange for the execution of a general release of claims, Named Plaintiffs will apply to the Court to receive no more than Twenty Thousand Dollars ($20,000.00) each, exclusive of their Individual Allocated Amounts, as a Service Award (“Service Award”) from the Qualified Settlement Fund.
(B) The application for the Service Award is to be considered separately from the Court’s consideration of the fairness, reasonableness, adequacy, and good faith of the Parties in connection with the settlement of the Litigation. Defendants will not oppose Named Plaintiffs’ application for the Service Award to the extent consistent with this Agreement, provided however that: (1) Named Plaintiffs will not receive Service Award payments until the Court has approved the payment and the form of the releases as contemplated by this Agreement; (2) Named Plaintiffs have each provided to Defense Counsel an executed individual release in the form that the Court has approved; (3) any applicable revocation period has expired without revocation by each of the Named Plaintiffs; and (4) Named Plaintiffs have each provided a validly completed current IRS Form W-9 to the Settlement Claims Administrator.
(C) The Service Award shall constitute a special award to Named Plaintiffs and shall not be considered as a payment of overtime, salary, wages, and/or compensation under the terms of any company benefit plan or for any purpose except for tax purposes as provided under Section 3.6. The receipt of the Service Award shall not affect the amount of contribution to or level of benefits under any company benefit plan.
Service Awards to Named Plaintiffs. A. In return for services rendered to Class Members, Authorized Claimants or the Settlement Class, Named Plaintiffs will apply to the Court to receive Service Awards of no more than Fifteen Thousand Dollars ($15,000.00) from the QSF, to be divided equally as Seven Thousand Five Hundred Dollars ($7,500.00) to each.
B. 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 Approval Motion.
Service Awards to Named Plaintiffs. Subject to the Court’s approval, Plaintiff Xxxxxx Xxxxxx shall receive Ten Thousand Dollars ($10,000.00), Plaintiff Xxxxxxx Xxxxxxx shall receive Five Thousand Dollars ($5,000.00), Plaintiff Xxxxx Xxxx shall receive Five Thousand Dollars ($5,000.00), and Plaintiff Xxxxxx Xxxxx shall receive Five Thousand Dollars ($5,000.00), for their efforts in bringing and prosecuting this matter. Subject to the Court’s approval, Xxxxx Xxxxxx shall receive up to Five Thousand Dollars ($5,000.00) for her efforts in bringing and prosecuting the Xxxxxx matter. The Settlement Administrator shall issue an IRS Form 1099 for these payments. These payments shall be made within (30) days after the Effective Date or as soon as reasonably practicable. If the Court approves Service Award in amounts less than what Named Plaintiffs and Xxxxx Xxxxxx request, the reduction in the Service Award shall not be a basis for nullification of this Settlement. Nor shall a reduction in the Service Award in any way delay or preclude the judgment from becoming a final judgment or the Settlement from becoming Effective. The Named Plaintiffs and Xxxxx Xxxxxx assume full responsibility for paying all taxes, if any, due as a result of the Service Awards.
Service Awards to Named Plaintiffs. (A) At the Fairness Hearing, Class Counsel will seek Court approval of Service Awards in the amount of Two Thousand Dollars ($2,000.00) to each of the following Named Plaintiffs in consideration for their services rendered to the Class Members to be paid out of the Gross Settlement Amount: Aviles, Durbin, and Lindor. HRC shall not oppose such application.
(B) 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 Litigation. The outcome of the Court’s ruling on the application for Service Awards will not terminate this Agreement or otherwise affect the Court’s Final Approval of the Settlement and Dismissal of the Litigation with Prejudice. If the Court denies all or any Service Awards for any reason, these funds shall revert back to the Net Settlement Fund for calculation of each Class Members’ claim amounts.
