Common use of Settlement Hearing Clause in Contracts

Settlement Hearing. A hearing (the “Settlement Hearing”) in accordance with Rule 23(e) of the Federal Rules of Civil Procedure is hereby scheduled to be held before the Court on , 2018, at : _.m. for the following purposes: (a) to determine whether the proposed Settlement on the terms and conditions provided for in the Stipulation is fair, reasonable, and adequate, and should be approved by the Court; (b) to determine whether the proposed Final Order and Judgment (“Judgment”) as provided under the Stipulation should be entered, and to determine whether the release by the Class of the Released Plaintiffs’ Claims, as provided in the Stipulation, should be provided to the Released Defendant 1 Also excluded from the Class will be any Person who timely and validly seeks exclusion from the Class in accordance with the provisions of this Order and whose request for exclusion is accepted by the Court. Parties; (c) to determine whether the proposed Plan of Allocation for the net proceeds of the Settlement is fair and reasonable and should be approved by the Court; (d) to consider Class Counsel’s application for an award of attorneys’ fees and expenses (which may include an application for reimbursement to Class Representatives of their reasonable costs and expenses (including lost wages) directly related to their representations of the Class, pursuant to the Private Securities Litigation Reform Act of 1995 (“PSLRA”)); and (e) to rule upon any other matters that the Court may deem appropriate.

Settlement Hearing. A hearing (the “Settlement Hearing”) in accordance with Rule 23(e) of the Federal Rules of Civil Procedure is hereby scheduled to be held before the Court on , 20182017, at : _.m. for the following purposes: (a) to determine whether the proposed Settlement on the terms and conditions provided for in the Stipulation is fair, reasonable, reasonable and adequate, and should be approved by the Court; (b) to determine whether the 1 The Court hereby adopts the Class exclusions set forth in the Stipulation at ¶ (1)(e). Also excluded from the Class will be any Person who timely and validly seeks exclusion from the Class in accordance with the provisions of this Order and whose request for exclusion is accepted by the Court. proposed Final Order and Judgment (“Judgment”) as provided under the Stipulation should be entered, and to determine whether the release by the Class of the Released Plaintiffs’ Claims, as provided in the Stipulation, should be provided to the Released Defendant 1 Also excluded from the Class will be any Person who timely and validly seeks exclusion from the Class in accordance with the provisions of this Order and whose request for exclusion is accepted by the Court. Parties; (c) to determine whether the proposed Plan of Allocation for the net proceeds of the Settlement is fair and reasonable and should be approved by the Court; (d) to consider Class Counsel’s application for an award of attorneys’ fees and expenses (which may include an application for reimbursement to Class Representatives of their reasonable costs and expenses (including lost wages) directly related to their representations of the Class, pursuant to the Private Securities Litigation Reform Act of 1995 (“PSLRA”)); and (e) to rule upon any other matters that the Court may deem appropriate.

Settlement Hearing. A hearing The Court will hold a Settlement Hearing (the “Settlement Hearing”) in accordance with Rule 23(e) of the Federal Rules of Civil Procedure is hereby scheduled to be held before the Court on , 2018201_, at : _.m. ., at the Court of Chancery of the State of Delaware, New Castle County Courthouse, 000 X. Xxxx St., Wilmington, DE 19801, for the following purposes: (a) to determine whether the Action may be permanently maintained as a non-opt out class action and whether the Class should be certified permanently, for settlement purposes, pursuant to Court of Chancery Rules 23(a), 23(b)(1) and 23(b)(2); (b) to determine whether Plaintiffs may be permanently designated as Class Representatives and Lead Counsel as Class Counsel, and to determine whether Plaintiffs and Lead Counsel have adequately represented the interests of the Class in the Action; (c) to determine whether the proposed Settlement on the terms and conditions provided for in the Stipulation is fair, reasonable, reasonable and adequate, and should be approved by the Court; (b) to determine whether the proposed Final Order and Judgment (“Judgment”) as provided under the Stipulation should be entered, and to determine whether the release by the Class of the Released Plaintiffs’ Claims, as provided in the Stipulation, should be provided adequate to the Released Defendant 1 Also excluded from the Class will be any Person who timely and validly seeks exclusion from the Class in accordance with the provisions of this Order and whose request for exclusion is accepted by the Court. Parties; (c) to determine whether the proposed Plan of Allocation for the net proceeds of the Settlement is fair and reasonable Class, and should be approved by the Court; (d) to consider Class Counsel’s determine whether a Judgment substantially in the form attached as Exhibit B to the Stipulation should be entered dismissing the Action with prejudice against Defendants; (e) to determine whether the proposed Plan of Allocation should be approved as fair and reasonable; (f) to determine whether the application by Lead Counsel for an award of attorneys’ fees and reimbursement of litigation expenses (which may include an application for reimbursement to Class Representatives of their reasonable costs and expenses (including lost wages) directly related to their representations of the Class, pursuant to the Private Securities Litigation Reform Act of 1995 (“PSLRA”))should be approved; and (eg) to rule upon consider any other matters that may properly be brought before the Court may deem appropriatein connection with the Settlement. Notice of the Settlement and the Settlement Hearing shall be given to Class Members as set forth in Paragraph 6 of this Order.