Settlement Administration Costs Sample Clauses

Settlement Administration Costs. The Court has approved Phoenix Settlement Administrators to act as the “Settlement Administrator,” who is sending this Notice to you and who will perform many other duties relating to the Settlement. The Court has approved setting aside up to $8,500.00 from the Gross Settlement Amount to pay the Settlement administration costs. Attorneys’ 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 (currently estimated to be $66,666.67) 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 of up to $20,000.00 for verified costs incurred by Class Counsel in connection with the Lawsuit. Class Representative Enhancement Payment. Class Counsel will ask the Court to award $5,000.00 to Plaintiff as a Class Representative Enhancement Payment. This is meant to compensate Plaintiff for her service and extra work provided on behalf of the Settlement Class Members. PAGA Payment to the State of California. The parties have agreed to allocate $20,000.00 of the Gross Settlement Amount as PAGA civil penalties. Per Labor Code Section 2699(i), 75% of such penalties ($15,000.00) will be payable to the LWDA for its share of PAGA penalties, and the remaining 25% ($5,000.00) will be payable to certain Settlement Class Members as the “PAGA Amount,” as described below.
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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 Administration Costs. The reasonable costs of settlement administration through and beyond final approval, which are currently estimated at $99,921.00 (the “Settlement Administration Costs”), shall be paid from the Maximum Gross Settlement Amount subject to Court approval. To the extent the Court does not approve Settlement Administration Costs, the unawarded amount shall remain a part of the Net Settlement Amount. IRS Form 1099 shall be provided for the payment made pursuant to this Paragraph.
Settlement Administration Costs. The Final Approval Hearing will not 6 be held earlier than thirty (30) calendar days after the Response Deadline. Plaintiffs and Class Counsel 7 will be responsible for drafting the motion seeking Final Approval of the Settlement. Class Counsel will 8 provide Defendants’ Counsel a draft of the Final Approval Motion before the filing deadline. By way 9 of said motion, Plaintiffs will apply for the entry of the mutually-agreed upon proposed order and 11 following:
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. All Settlement Administration Costs, which are in addition to the litigation costs and expenses identified in Section 4.3, shall be paid from the GSF, and shall include all costs incurred by the Settlement Administrator in the administration of the settlement, the budget for which presently is estimated to be up to $30,000.00. The Settlement Administrator’s duties of administration shall include, without limitation, receiving and updating through normal and customary procedures the Class List to be produced by Defendant, so that it is updated prior to the Notices being mailed, printing and mailing the court-approved Notices, performing necessary additional skip traces on Notices and/or checks returned as undeliverable, calculating the NSF and the Individual Settlement Payments for the Settlement Class Members, preparing and mailing of settlement checks to each of the Settlement Class Members and to the Unclaimed Property Division of the Massachusetts state Treasury or cy pres recipients as required under this Agreement, below, establishing a settlement website as described below, establishing a toll-free telephone number for receiving and responding to inquiries as appropriate from the Settlement Class Members, preparing any appropriate tax forms required by any governmental taxing authority or agency in connection with the settlement payments and remitting those forms and any required payments to the appropriate governmental agencies, and generally performing all normal and customary duties associated with the administration of such settlements. 4.5.1 The Settlement Administrator and Defendant will be required to cooperate and coordinate with each other with respect to the calculation, reporting, and payment of all payroll taxes and withholdings in accordance with all applicable laws and requirements of government taxing authorities. The Settlement Administrator will coordinate the calculations of the payroll taxes and deductions with Defendant to ensure that, to the extent such taxes and deductions are or could be deemed to have been made by the Settlement Administrator on behalf of Defendant by government taxing authorities, they are made in compliance with Defendant’s respective tax withholding and remittance obligations for such payments.
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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 fees and other charges of the Settlement
Settlement Administration Costs. Costs of administration will be paid to the Settlement Administrator in the approximate amount of $6,400.
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