Common use of Settlement Disbursement Clause in Contracts

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: 1. To the Plaintiff, Xxxxxxx XxxxxXxxxxx Xxxxxx. In addition to her his respective Individual Settlement Share, and subject to the Court's ’s approval, Plaintiff Xxxxxxx Xxxxx Xxxxxx Xxxxxx will receive up to Seven Fifteen Thousand Five Hundred Dollars and Zero Cents ($7,50015,000) 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 Plaintiff with respect to her his 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: 1. To the PlaintiffPlaintiffs Xxxxxx Xxxx, Xxxxxxx XxxxxXxxxx Xxxxxx, and Xxxx Xxxxxxx. In addition to her their respective Individual Settlement ShareShares, and subject to the Court's ’s approval, Plaintiff Xxxxxxx Xxxxx Plaintiffs will each receive up to Seven Thousand Five Hundred Dollars and Zero Cents ($7,500) 10,000 as a Class Representative Enhancement PaymentPayments. The Settlement Administrator will pay the Class Representative Enhancement Payment Payments 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 Plaintiffs with respect to her their Class Representative Enhancement Payments. Plaintiff Plaintiffs shall be solely and legally responsible to pay any and all applicable taxes on the Class Representative Enhancement Payment Payments 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 PaymentPayments. In the event the Court does not approve the entirety of the application for the Class Representative Enhancement PaymentPayments, 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 PlaintiffPlaintiffs, 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 PaymentPayments, Plaintiff Plaintiffs 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.the

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, Plaintiffs Xxxxxx Xxx and Xxxxxxx XxxxxXxxxxxxx. In addition to her their respective Individual Settlement ShareShares, and subject to the Court's ’s approval, Plaintiff Xxxxxxx Xxxxx Plaintiffs will each receive up to Seven Thousand Five Hundred Dollars and Zero Cents ($7,500) 10,000 as a Class Representative Enhancement PaymentPayments. The Settlement Administrator will pay the Class Representative Enhancement Payment Payments 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 Plaintiffs with respect to her their Class Representative Enhancement Payments. Plaintiff Plaintiffs shall be solely and legally responsible to pay any and all applicable taxes on the Class Representative Enhancement Payment Payments 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 PaymentPayments. In the event the Court does not approve the entirety of the application for the Class Representative Enhancement PaymentPayments, 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 PlaintiffPlaintiffs, 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 PaymentPayments, Plaintiff Plaintiffs shall not have the right to revoke the Settlement, and it will remain binding, nor will Plaintiff Plaintiffs seek, request, or demand an increase in the Gross Settlement Amount GSA 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: 1. To the Plaintiff, Xxxxxxx XxxxxXxxx Xxxxxxxx. In addition to her respective Individual Settlement Share, and subject to the Court's ’s approval, Plaintiff Xxxxxxx Xxxxx Xxxx Xxxxxxxx will receive up to Seven Ten Thousand Five Hundred Dollars and Zero Cents ($7,50010,000) 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 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 DefendantDefendants, 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 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 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.