Settlement Disbursement Sample Clauses

Settlement Disbursement. Subject to the terms and conditions of this Agreement, the Settlement Administrator will make the following payments out of the Gross Settlement Amount: 1. To the Plaintiff, Xxxxx Xxxxx. In addition to his portion of the Net Settlement Amount and PAGA Payment, and subject to the Court’s approval, Plaintiff will receive up to Ten Thousand Dollars and Zero Cents ($10,000.00) as a Class Representative Enhancement Payment. The Settlement Administrator will pay the Class Representative Enhancement Payment out of the Qualified Settlement Fund. Payroll tax withholdings and deductions will not be taken from the Class Representative Enhancement Payment. An IRS Form 1099 will be issued to Plaintiff with respect to his Class Representative Enhancement Payment. In the event the Court does not approve the entirety of the application for the Class Representative Enhancement Payment, the Settlement Administrator shall pay whatever amounts the Court awards, and neither Defendants nor the Settlement Administrator shall be responsible for paying the difference between the amount requested and the amount awarded. If the amount awarded is less than the amount requested by Plaintiff, the difference shall become part of the Net Settlement Amount and be available for distribution to Participating Class Members.
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Settlement Disbursement. Subject to the terms and conditions of this Agreement, the Settlement Administrator will make the following payments out of the Gross Settlement Amount:
Settlement Disbursement. Subject to the terms and conditions of this Agreement, and the approval of the Court, the Settlement Administrator will disburse the Gross Settlement Amount as follows: 1. To the Plaintiff, Xxxxxxx Xxxxx. In addition to her respective Individual Settlement Share, and subject to the Court's approval, Plaintiff Xxxxxxx Xxxxx will receive up to Seven Thousand Five Hundred Dollars and Zero Cents ($7,500) as a Class Representative Enhancement Payment. The Settlement Administrator will pay the Class Representative Enhancement Payment out of the Qualified Settlement Fund. Payroll tax withholdings and deductions will not be taken from the Class Representative Enhancement Payments. An IRS Form 1099 will be issued to Plaintiff with respect to her Class Representative Enhancement Payments. Plaintiff shall be solely and legally responsible to pay any and all applicable taxes on the Class Representative Enhancement Payment and shall hold harmless Defendant, Class Counsel and the Released Parties from any claim or liability for taxes, penalties, or interest arising as a result of the Class Representative Enhancement Payment. In the event the Court does not approve the entirety of the application for the Class Representative Enhancement Payment, the Settlement Administrator shall pay whatever amount the Court awards, and neither Defendant nor the Settlement Administrator shall be responsible for paying the difference between the amount requested and the amount awarded. If the amount awarded is less than the amount requested by Plaintiff, the difference shall become part of the NSA and will be distributed to Participating Class Members. In the event that the Court reduces or does not approve the requested Class Representative Enhancement Payment, Plaintiff shall not have the right to revoke the Settlement, and it will remain binding, nor will Plaintiff seek, request, or demand an increase in the Gross Settlement Amount on that basis or any basis.
Settlement Disbursement. Subject to the terms and conditions of this Agreement, and the approval of the Court, the Settlement Administrator will disburse the Gross Settlement Amount as follows:
Settlement Disbursement. Subject to the terms and conditions of this Agreement, the Settlement Administrator will make the following payments out of the Gross Settlement Amount: 1. To the Named Plaintiffs (Xxxxxxx Xxxxx and Xxxxx XxXxxxxxx). In addition to their respective Individual Settlement Shares, and subject to the Court’s approval, Named Plaintiffs will receive up to Ten Thousand Dollars and Zero Cents each as a Class Representative Enhancement Payment. The Settlement Administrator will pay the Class Representative Enhancement Payment out of the Qualified Settlement Fund. An IRS Form 1099 will be issued to Named Plaintiffs with respect to their Class Representative Enhancement Payments. In the event the Court does not approve the entirety of the application for the Class Representative Enhancement Payments, the Settlement Administrator shall pay whatever amount the Court awards, and neither Defendant nor the Settlement Administrator shall be responsible for paying the difference between the amount requested and the amount awarded. If the amount awarded is less than the amount requested by Named Plaintiffs, the difference shall become part of the NSA and be available for distribution to Participating Class Members.
Settlement Disbursement. Subject to the terms and conditions of this Agreement, the Settlement Administrator will make the following payments out of the Gross Settlement Amount: 1. To the Plaintiffs, Xxxxxx Xxxx and Xxxxxxxxxxx Xxxxxxxx. In addition to their respective Individual Settlement Shares, and subject to the Court’s approval, Plaintiffs Xxxxxx Xxxx and Xxxxxxxxxxx Xxxxxxxx will each receive up to Seven Thousand Five Hundred Dollars ($7,500.00) as their Class Representative Enhancement Payment. The Settlement Administrator will pay the Class Representative Enhancement Payments out of the Qualified
Settlement Disbursement. Neither Party shall pay to the other any compensation.
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Settlement Disbursement. Subject to the terms and conditions of this Settlement Agreement, and the approval of the Court, the Settlement Administrator will disburse the Gross Settlement Amount as follows: 1. To the Plaintiff, Xxxxxx Xxxxx. In addition to her respective Individual Settlement Share, and subject to the Court’s approval, Plaintiff Xxxxxx Xxxxx will receive up to Ten Thousand Dollars and Zero Cents ($10,000) as a Class Representative Enhancement Payment. The Settlement Administrator will pay the Class Representative Enhancement Payment out of the Qualified Settlement Fund. Payroll tax withholdings and deductions will not be taken from the Class Representative Enhancement Payment. An IRS Form 1099 will be issued to Plaintiff with respect to her Class Representative Enhancement Payment. Plaintiff shall be solely and legally responsible to pay any and all applicable taxes on the Class Representative Enhancement Payment and shall hold harmless Defendant, Class Counsel and the Released Parties from any claim or liability for taxes, penalties, or interest arising as a result of the Class Representative Enhancement
Settlement Disbursement. Subject to the terms and conditions of this Agreement, and the approval of the Court, the Settlement Administrator will disburse the Gross Settlement Amount as follows: 1. To the Plaintiff, Xxxxx Xxxx. In addition to his respective Individual Settlement Share, and subject to the Court’s approval, Plaintiff Xxxxx Xxxx will receive up to Ten Thousand Dollars and Zero Cents ($10,000) as a
Settlement Disbursement. Subject to the terms and conditions of this Agreement, and the approval of the Court, the Settlement Administrator will disburse the Gross Settlement Amount as follows: 1. To the Plaintiffs, Xxxxxx Xxxxxx and Xxxxxxx Xxxxxxxx. In addition to their respective Individual Settlement Share, and subject to the Court’s approval, Plaintiffs Xxxxxx Xxxxxx and Xxxxxxx Xxxxxxxx will each receive up to Ten Thousand Dollars and Zero Cents ($10,000) as a Class Representative Enhancement Payment. The Settlement Administrator will pay the Class Representative Enhancement Payment out of the Qualified Settlement Fund. Payroll tax withholdings and deductions will not be taken from the Class Representative Enhancement Payments. An IRS Form 1099 will be issued to Plaintiffs with respect to their Class
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