Service Awards to Plaintiffs Sample Clauses

Service Awards to Plaintiffs. Prior to the Fairness Hearing, Plaintiffs will petition the Court for a Service Award from the Settlement Fund for each Named Plaintiff. Defendant will not oppose such application provided the combined amounts of the Service Awards for each Named Plaintiff does not exceed $50,000. The Service Awards shall be paid in addition to Plaintiffs’ recovery from the formula allocation from the Net Settlement Fund, but all amounts for both the Service Awards and formula allocation will be paid out of the Settlement Fund. 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 Motion for Judgment and Final Approval. The effectiveness of this Settlement is not conditioned upon the Court awarding any specific amount as a Service Award.
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Service Awards to Plaintiffs. Subject to Court approval, the Settlement Administrator shall pay a Service Award of $2,500 each to Plaintiffs Xxxxx Xxxxxxxxx, Xxxxxx Xxxxx, and Xxxxxxx Xxxxx from the Settlement Fund in recognition of their efforts and time expended on behalf of the Class. Apple agrees not to oppose Plaintiffs’ application for service awards of up to $2,500 for each Plaintiff, which shall be in addition to their respective Settlement Awards. The Settlement Administrator shall pay any Court-approved Service Awards within fifteen (15) business days after the Effective Date. For tax purposes, these Service Awards will be treated as 100% non-wage claim payments. Apple shall issue, through the Settlement Administrator, IRS Form Misc. 1099s for the Service Award payments to Plaintiffs.
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Service Awards to Plaintiffs. Class Counsel will ask the Court to approve a Service Award to Xxxxxxx in the amount of $100,000.00 and to Xxxxxx in the amount of $50,000.00. Defendant will not oppose these requests. In addition to compensating Plaintiffs for serving as Named Plaintiffs in the Action, these Service Awards constitute consideration to Plaintiffs for their general release of claims. Further, the Service Award paid to Xxxxxxx provides consideration to Xxxxxxx for the dismissal of her FMLA claims, with prejudice.6 This Settlement is not contingent upon the Court’s approval of the requested Service Awards. To the extent the Court reduces the requested Service Awards, the amount(s) will remain the property of Defendant. Plaintiffs will not be entitled to any Service Awards from Defendant unless the Court approves the Settlement. The Settlement Administrator will treat any Service Awards as non-wage income and issue to Plaintiffs IRS Forms 1099, or the appropriate equivalent, other than half of the portion of Xxxxxxx’x Service Award that is consideration for the dismissal of her FMLA claim. 6 In addition to the settlement of the wage and hour claims that the Parties will ask the Court to approve, as previously noted, as part of the Settlement, the Parties also negotiated and resolved Xxxxxxx’x individual claims under the FMLA.
Sample 1
Service Awards to Plaintiffs. Class Counsel also will petition the Court to award from the Settlement Fund a service award to Plaintiff Xxxxxx Xxxxxxxx in the amount of Five Thousand Dollars and No Cents ($5,000.00) for services rendered to the Class. In addition, Class Counsel also will request service awards from the Settlement Fund on behalf of Plaintiffs Xxxxxx Xxxxxxxx, Xxxxxx Xxxxxxx-Xxxxx, Xxxxxxx XxXxxxxxx, and Xxxx Xxxxxx in the amount of Two Thousand Five Hundred Dollars and No Cents ($2,500.00) for services rendered to the Class. Finally, Class Counsel will request a service award from the Settlement Fund for the subclass representative Xxxxxx Xxxxxxxxxxxxxx in the amount of Two Thousand Five Hundred Dollars and No Cents ($2,500.00) for services rendered to the subclass. Defendant will not oppose such applications. The service awards and the requirements for obtaining such payments are separate and apart from, and in addition to, Plaintiffs’ recovery from the Net Settlement Fund. The substance of the above-referenced Plaintiffs’ applications for service payments 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 of the Litigation. The outcome of the Court’s ruling on the application(s) for service awards shall not terminate this Agreement or otherwise affect the Court’s ruling on the Motion for Judgment and Final Approval. Any monies not approved by the Court become part of the Net Settlement Fund.
Sample 1
Service Awards to Plaintiffs i. In the Approval Motion, Plaintiffs’ Counsel will apply for Service Awards, to be paid from the Gross Settlement Amount for their services rendered to the Eligible Collective Members, as follows: (a) $9,000: Xxxxxx Xxx; (b) $2,850: Xxxxxx Xxxxx, Xxxxx Xxxxx, Xxxxx Xxxxxx, Xxxxx Xxxxxxx, Monicajo Xxxxxxxx, Xxxxx XxXxxxxx, Xxxxxxxx Xxxxxxx, and Xxxxxxx Xxxxx; and (c) $2,600: Xxxxxx Xxxxxx, Xxxxxxx Xxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxxxx, Xxxxxxxx Xxxxx, Xxxxx Xxxxx-Xxxxxx, and Xxxxxxxxxx Xxxxxxx. ii. These Service Awards and any requirements for obtaining any such payment are separate and apart from, and in addition to, Named Plaintiff’s and Opt-Ins Plaintiffs’ recovery from the Net Settlement Fund as an Eligible Collective Member. The substance of the Named Plaintiff’s, California Opt-In Plaintiffs’ and Non-California Opt-In Plaintiffs’ applications 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.
Sample 1
Service Awards to Plaintiffs. Before or at the same time as Plaintiffs seek final approval of the Settlement Agreement, Class Counsel shall move the Court for Service Awards for the Class Representatives in an amount not to exceed $5,000 each. C.R.E. agrees not to oppose such requests. Service Awards approved by the Court will be provided from the Settlement Fund.
Sample 1
Service Awards to Plaintiffs i. In the Approval Motion, Named Plaintiffs’ Counsel will apply for Service Awards to be paid from the Gross Settlement Amount to Named Plaintiffs in amounts not to exceed $7,500.00 to Named Plaintiff Xxx Xxxxx and $7,500.00 to Named Plaintiff Xxxxxxx Xxxxx Xxxxxxxxx. ii. These Service Awards and any requirements for obtaining any such payment are separate and apart from, and in addition to, potential recovery from the Net Settlement Amount as a Class Member. 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 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 of this Settlement Agreement. Any Service Award money not approved by the Court shall become part of the Net Settlement Amount.
Sample 1
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Service Awards to Plaintiffs. Subject to Court approval, Plaintiffs will request a Service Award of two thousand five hundred dollars ($2,500.00) for Lead Plaintiff Xxxxxxx Xxxxxx and Service Awards of five hundred dollars ($500.00) each for Plaintiffs Xxxxx Xxxxxxxxx, Xxxxxx Xxxxxx, Xxxx Xxxxxxx, Xxxx X. Xxxxxxxx, Xxxxxxxx Xxxxxx, Xxxxx Xxxxxx, Xxxxxx Xxxxxxxxxx, Xxxxxx Xxxxx, Xxxxxx Xxxxxx, Xxxxxx Xxxxxxx, Xxxxxx Xxxxx, and Xxxx Xxxxxxxx in recognition of the time, efforts, and risks taken by Plaintiffs in commencing the Action and related actions, both financial and otherwise. WM will not oppose this request for Service Awards to Plaintiffs. The Service Awards shall be in addition to the other benefits provided by the Settlement to Settlement Class Members and shall be paid separately by WM and will not reduce settlement benefits to Settlement Class Members.
Sample 1

Related to Service Awards to Plaintiffs

  • Service Awards The County shall continue its present policy with respect to service awards including time off; provided, however, that the type of award given shall be at the sole discretion of the County. The following procedures shall apply with respect to service awards:

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Service Award Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.

  • Awards 1. The disputing parties may agree on a resolution of the dispute at any time before the tribunal issues its final award. 2. Where a tribunal makes a final award against either of the disputing parties, the tribunal may award, separately or in combination, only: (a) monetary damages and any applicable interest; and (b) restitution of property, in which case the award shall provide that the disputing Member State may pay monetary damages and any applicable interest in lieu of restitution. 3. A tribunal may also award costs and attorneys fees in accordance with this Agreement and the applicable arbitration rules. 4. A tribunal may not award punitive damages. 5. An award made by a tribunal shall have no binding force except between the disputing parties and in respect of the particular case. 6. Subject to paragraph 7 and the applicable review procedure for an interim award, the disputing party shall abide by and comply with an award without delay. (15) 7. The disputing party may not seek enforcement of a final award until: (a) in the case of a final award under the ICSID Convention: (i) 120 days has elapsed from the date the award was rendered and no disputing party has requested revision or annulment of the award; or (ii) revision or annulment proceedings have been completed; (b) in the case of a final award under the ICSID Additional Facility Rules, the UNCITRAL Arbitration Rules, or the rules selected pursuant to Article 33(1)(e): (i) 90 days have elapsed from the date the award was rendered and no disputing party has commenced a proceeding to revise, set aside, or annul the award; or (ii) a court has dismissed or allowed an application to revise, set aside, or annul the award and there is no further appeal. 8. A claim that is submitted for arbitration under this Section shall be considered to arise out of a commercial relationship or transaction for purposes of Article 1 of the New York Convention. 9. Each Member State shall provide for the enforcement of an award in its territory.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Stock Incentives Executive shall be entitled to such vesting or other benefits as are provided by the award agreement pertaining thereto.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Stock-Based Awards The vesting of any stock-based compensation awards which constitute Section 409A Deferred Compensation and are held by the Executive, if the Executive is a Specified Employee, shall be accelerated in accordance with this Agreement to the extent applicable; provided, however, that the payment in settlement of any such awards shall occur on the Delayed Payment Date. Any stock based compensation which vests and becomes payable upon a Change in Control in accordance with Section 8(e)(i) shall not be subject to this Section 22(d).

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