Settlement Award. The “Settlement Award” is the portion of the Net Settlement Amount to be received by each Settlement Class Member who submits a valid and timely Claim Form, based on the allocation formula as described in Section 3.4 herein.
Settlement Award. The Claims Administrator will first divide an Impacted Water Source’s Adjusted Base Score by the sum of all Adjusted Base Scores. This number gives each Impacted Water Source its percentage of the Action Fund. Then, that percentage is multiplied by the Action Fund to provide the Settlement Award for each Impacted Water Source.
Settlement Award. After the Settlement Award for each Former Tenant Claimant and Current Tenant is determined, the following adjustments will be made on a per Tenant basis:
Settlement Award. The “Settlement Award” is the portion of the Net Settlement Fund attributable to each Class Member based on his or her most recent annual salary as a GM and weeks worked as a GM during the Class Period, as set forth in the allocation formula in Section 3.4 below. Most recent annual salary and weeks worked as a GM shall be calculated using Defendant’s business records.
Settlement Award. The “Settlement Award” is the portion of the Net Settlement Fund attributable to each Class Member based weeks worked and highest rate of pay earned during the Class Period, as set forth in the allocation formula in Section 3.4 below. Weeks worked and highest rate of pay earned shall be calculated using Defendants’ business records.
