Settlement Share Payments Clause Samples

Settlement Share Payments. Following deduction of the Court-approved sums from the Gross Settlement Amount for Class Counsel’s attorney fees and litigation expenses, the Class Representative Service Payment, the Administrator’s expenses, and the PAGA Payment to the LWDA and PAGA Period Employees, the remaining Net Settlement Amount, estimated at $309,417 shall be distributed to Participating Class Members on a pro rata basis based upon the number of pay periods worked during the Class Period in relation to the number of pay periods worked by all Participating Class Members during the Class Period. The $3,750 PAGA Payment shall be distributed to PAGA Period Employees on a pro rata basis based upon the number of pay periods worked during the PAGA Period in relation to the number of pay periods worked by all PAGA Period Employees during the PAGA Period.