Settlement Sum and Allocation Clause Samples

Settlement Sum and Allocation. The Plaintiffs and their counsel will have the right to, as consideration for the settlement of this Lawsuit, TWO MILLION ONE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($2,100,000) (the “Settlement Payment”). The Settlement Payment shall be divided as follows: a. Attorneys’ Fees: $700,000; b. Costs and Expenses: $ 120,129.88; c. Administration: $12,055; d. Named Plaintiff ▇▇▇▇ ▇▇▇▇▇▇: $10,000; e. Named Plaintiff ▇▇▇▇ ▇▇▇▇▇: $10,000; f. Opt-in Plaintiffs who provided deposition: $2,000 each; g. The remaining $1,215,815.12 will be divided among all Plaintiffs according to settlement payment amounts provided by Plaintiffs’ Counsel to the Settlement Administrator as described in Section 6 of this agreement.