Common use of Settlement Disbursement Clause in Contracts

Settlement Disbursement. Subject to the terms and conditions of this Agreement, the Settlement Administrator will make the following payments out of the Total Consideration: 1. To the Plaintiff, Xxxxxx Xxxxxxxxx. In addition to his Individual Settlement Share, and subject to the Court’s approval, Plaintiff Xxxxxx Xxxxxxxxx will receive up to Ten Thousand Dollars ($10,000) as the 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 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 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 Total ConsiderationGross Fund Value: 1. To the PlaintiffPlaintiffs, Xxxxxx Xxxxxxxxx. Xxxxxxx, Xxxxx Xxxxxxxx and Xxxx Xxxxx: In addition to his their Individual Settlement ShareShares, and subject to the Court’s approval, Plaintiff Xxxxxx Xxxxxxxxx Plaintiffs will each receive up to Ten Thousand Dollars and Zero Cents ($10,00010,000.00) as the a Class Representative Enhancement Incentive Payment. The Settlement Administrator will pay the Class Representative Enhancement Incentive Payment out of the Qualified Settlement Fund. Payroll tax withholdings and deductions will not be taken from the Class Representative Enhancement Incentive Payment. An IRS Form 1099 will be issued to Plaintiff Plaintiffs with respect to his their Class Representative Enhancement Incentive Payment. In the event the Court does not approve the entirety of the application for the Class Representative Enhancement Incentive 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 be available for distribution to Participating Class Members.less

Settlement Disbursement. Subject to the terms and conditions of this Agreement, the Settlement Administrator will make the following payments out of the Total ConsiderationGross Settlement Amount: 1. To the Plaintiff, Xxxxxx XxxxxxxxxXxxxxxx Xxxxxx. In addition to his respective Individual Settlement ShareShare and portion of the PAGA Payment, and subject to the Court’s approval, Plaintiff Xxxxxx Xxxxxxxxx will receive up to Ten Thousand Dollars ($10,00010,000.00) as the 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 amount amounts the Court awards, and neither Defendant nor the Settlement Administrator shall be responsible for paying the difference between the amount what was 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 Net Settlement Amount 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 Total ConsiderationGross Settlement Amount: 1. To the Plaintiff, Xxxxxx XxxxxxxxxNamed Plaintiffs (Xxxxxxx Xxxxx and Xxxxx XxXxxxxxx). In addition to his their respective Individual Settlement ShareShares, and subject to the Court’s approval, Plaintiff Xxxxxx Xxxxxxxxx Named Plaintiffs will receive up to Ten Thousand Dollars ($10,000) and Zero Cents each as the 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 Named Plaintiffs with respect to his their 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 PlaintiffNamed Plaintiffs, the difference shall become part of the NSA and be available for distribution to Participating Class Members.