Settlement Administration Costs. The Court has approved Phoenix Settlement Administrators. to act as the “Settlement Administrator,” who is sending this Notice to you and will perform many other duties relating to the Settlement. The Court has approved setting aside up to $9,500.00 from the Gross Settlement Amount to pay the Settlement administration costs. A ttorneys’ Fees and Expenses. Class Counsel have been prosecuting the Lawsuit on behalf of the Settlement Class Members on a contingency fee basis (that is, without being paid any money to date) and have been paying all litigation costs and expenses. The Court will determine the actual amount awarded to Class Counsel as attorneys’ fees, which will be paid from the Gross Settlement Amount. Settlement Class members are not personally responsible for any of Class Counsel’s attorneys’ fees or expenses. Class Counsel will ask for fees of up to one-third of the Gross Settlement Amount, which is currently estimated to be $150,000.00, as reasonable compensation for the work Class Counsel performed and will continue to perform in this Lawsuit through Settlement finalization. Class Counsel also will ask for reimbursement in an amount not to exceed $40,000.00 for verified costs Class Counsel incurred in connection with the Lawsuit.
Settlement Administration Costs. The Settlement Administrator’s costs and expenses, not to exceed $20,000, shall be paid from the Total Settlement Amount.
Settlement Administration Costs. The Settlement Administrator shall be paid for the costs of administration of the Settlement from the Gross Settlement Fund. The estimate of the Settlement Administration Costs is not to exceed Fifteen Thousand Dollars ($15,000.00). The Settlement Administrator shall be paid the Settlement Administration Costs no later than thirty (30) calendar days after Defendant provides funds to the Settlement Administrator for disbursement under this Agreement.
Settlement Administration Costs. The Final 11 Approval Hearing will not be held earlier than thirty (30) calendar days after the Response Deadline. 12 Plaintiff and Class Counsel will be responsible for drafting the motion seeking Final Approval of the
Settlement Administration Costs. Settlement Administration costs shall be paid from the Gross Settlement Amount. The Parties agree to cooperate in the settlement administration process and to make all reasonable efforts to control and minimize the costs incurred in the administration of the Settlement.
Settlement Administration Costs. (3) Fees and Expense Payment; (4) Service Payments to the Named Plaintiffs; (5) Monitoring Costs; and (6) costs to comply with the Staffing Contract (“Staffing Compliance Assurance Amounts”).
Settlement Administration Costs. The Settlement Administrator shall maintain records for the Settlement Administration Costs associated with the Action. The actual and reasonable Settlement Administration Costs payable the Settlement Administrator shall be payable from the Settlement Payment in amounts to be determined by the Court for good cause shown according to applicable law and shall be paid in accordance with the procedure set forth in paragraph 4.
Settlement Administration Costs. The Court has approved CPT Group, Inc., to act as the “Settlement Administrator,” who is sending this Notice to you and will perform many other duties relating to the Settlement. Under the Settlement, up to $15,000.00 will be paid from the Total Settlement Amount to pay the Settlement Administration Costs.
Settlement Administration Costs. The fees and other charges of the Settlement 3 Administrator will be paid from the Gross Settlement Amount, not to exceed $30,000 subject to Court 4 approval, unless approved by all Parties and the Court.
Settlement Administration Costs. (2) the Service Award; and (3) the attorneys’ Fee and Cost Award. The amount remaining after these items are paid, if any, is the “Net Settlement Fund.” The Net Settlement Fund will then be used to make automatic Settlement Class Member Payments (an account credit or payment by check) to all Settlement Class Members who do not request exclusion from the Settlement Class. Payments to each Settlement Class Member will be distributed on a pro rata (a legal term meaning equal) basis and calculated as follows: (Net Settlement Fund divided by the Total Amount of Class Fees of Settlement Class Members) x (Total Amount of Class Fees [meaning overdraft fees covered by the Settlement that were assessed to your Account and not refunded] you as an individual Settlement Class Member were charged and paid in connection with the transactions at issue) = Settlement Class Member Payment.
