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.
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 Arbitrator approval of Service Awards of Ten Thousand Dollars and Zero Cents ($10,000.00) each for Named Plaintiffs Xxxxxx Xxxxxx and Xxxxxx Xxxxxxx.
Service Awards to Named Plaintiffs. Subject to the Court’s approval, the Named Plaintiffs shall receive a Service Award not to exceed $5,000 each for their time and efforts in bringing and prosecuting this matter. Within fourteen (14) days after the Effective Date, the Settlement Administrator shall issue checks to the Named Plaintiffs in the amount approved by the Court. Said payments shall be made from the Attorneys’ Fees, Costs, and Named Plaintiff Service Award Fund.
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.
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.
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.
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. Trial Witnesses, and Non-Testifying Witnesses. Bloomberg will not oppose Service Awards of an amount up to $25,000 to be paid out of the Settlement Amount in the QSF to each of the Named Plaintiffs, in addition to their Settlement Shares; up to $10,000 to each of the Trial Witnesses, in addition to their Settlement Shares; and up to $5,000 to each of the Non-Testifying Witnesses, in addition to their Settlement Shares. Only the Named Plaintiffs, Trial Witnesses, and Non-Testifying Witnesses will be entitled to receive a Service Award under this Agreement. The Settlement Administrator shall provide the Named Plaintiffs, Trial Witnesses, and Non-Testifying Witnesses with an IRS Form 1099 with respect to any Service Award. If the Court, or an appellate court, denies any portion of the Named Plaintiffs’, Trial Witnesses’, or Non-Testifying Witnesses’ requested Service Awards, the difference between the requested Service Award and the final Court-approved Service Award shall become part of the Net Settlement Amount and distributed pro rata to Qualified Class Members with the Settlement Shares. Within five (5) days of the entry of any such Court order reducing or denying any amount of the requested Service Awards, Class Counsel shall provide to the Settlement Administrator and Bloomberg’s Counsel a recalculation of the Settlement Share Calculation. The Service Awards shall constitute special awards to Named Plaintiffs, Trial Witnesses and Non-Testifying Witnesses and shall not be considered as a payment of overtime, salary, wages, and/or compensation to any individual under the terms of any company benefit plan or for any purpose except for tax purposes as provided in Section 5.5. The receipt of Service Awards shall not affect the amount of, contribution to, or benefit under any company benefit plan.
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. (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.
