Settlement Award Sample Clauses

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 = (Adjusted Base Score / Sum of All Adjusted Base Scores) * (Action Fund)

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.

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. (a) 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 Phase One Action Fund. Then, that percentage is multiplied by the Phase One Action Fund to provide the Allocated Amount for each Impacted Water Source. (b) A Phase One Settlement Class Member participating in the Phase One Action Fund should NOT receive an Allocated Amount less than the Very Small Public Water System Payment for a Non-Transient Non- Community Water System. (vi) Claims Administrator Notification to Phase One Qualifying Settlement Class Members The Claims Administrator will notify each Phase One Qualifying Settlement Class Member of the Allocated Amount(s) for all its Impacted Water Sources. (vii) Requests for Reconsideration to the Claims Administrator (a) After a Phase One Qualifying Settlement Class Member receives notification of its Allocated Award from the Claims Administrator, it will have ten (10) business days from the receipt of such notification to request that the Special Master reconsider a part of the calculation based on a mistake/error alleged to have occurred. (The Phase One Qualifying Settlement Class Member has no other appellate rights.) (b) After the Special Master receives all timely requests for reconsideration, the Special Master within ten (10) business days will request that the Claims Administrator correct any mistakes/errors and run the calculations again, if warranted. (c) Within thirty (30) calendar days of completing the reconsideration process, the Claims Administrator will issue payment(s) to each Qualifying Settlement Class Member that has submitted an approved claim.