Settlement Benefits to the Class Clause Samples
The 'Settlement Benefits to the Class' clause defines the specific advantages, compensation, or relief that members of a class action lawsuit will receive as a result of a settlement agreement. This may include monetary payments, credits, services, or changes in the defendant’s practices that directly benefit the class members. The clause typically outlines eligibility criteria, the process for claiming benefits, and any limitations or exclusions. Its core function is to ensure transparency and fairness by clearly communicating what class members can expect to receive, thereby resolving the claims at issue and providing closure to the dispute.
Settlement Benefits to the Class. The Equitable Relief Settlement Class provides benefits upon submission of a claim up through and including December 31, 2020 to the following: All Texas owners of Vortens toilet tank models #3464 and #3412 manufactured at the ▇▇▇▇▇▇ ▇▇▇▇▇▇ plant, with a manufacturing date 2007-2010.
A. Injunctive Relief. Equitable Relief Settlement Class Members are entitled to the following injunctive relief:
1. Porcelana shall provide notice on its website that tank models 3464 and 3412 manufactured at the ▇▇▇▇▇▇ ▇▇▇▇▇▇ plant between January 1, 2007 and December 31, 2010 are guaranteed to Texas owners to be free of manufacturing defects or ceramic defects up through and including December 31, 2020.
2. Porcelana will further provide notice on its website directing Texas owners of the subject tanks to the claim website maintained by Epiq for administration of warranty claims for Texas-only Equitable Relief Settlement Class Members.
3. Porcelana will conduct an audit of previously denied warranty claims falling within the defined scope of the class. Porcelana will provide a list of homeowners with available contact information to Epiq as the Notice Provider and Claim Administrator for purposes of direct notice to these prior claimants that their previously denied warranty claim is subject to resubmission and reconsideration.
4. Epiq will maintain a Settlement Equitable Relief Class website that will post an agreed Texas Settlement Class claim form specific to claims asserted pursuant to this Settlement Agreement from the date of Preliminary Approval of the Settlement through and including December 31, 2020.
5. Porcelana is enjoined from creating, implementing or requiring any additional elements of proof in the claim process different than articulated in this Settlement Agreement.
Settlement Benefits to the Class