To Plaintiff. In addition to the Settlement Shares to be paid to Plaintiff, Plaintiff will apply to the Court for an award of not more than $10,000 as the Class Representative Service Payment. Defendants will not oppose a Class Representative Service Payment of no more than $10,000 for Plaintiff. The Settlement Administrator will pay the Class Representative Service Payment approved by the Court out of the Gross Settlement Amount. If the Court approves a Class Representative Service Payment of less than $10,000 for Plaintiff, the remainder will be retained in the Class Net Settlement Fund for distribution to Participating Class Members. Payroll tax withholding and deductions will not be taken from the Class Representative Service Payment and instead a Form 1099 will be issued to Plaintiff with respect to the payment. To receive the payment, Plaintiff agrees to a general release of all claims as set forth below.
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Samples: Class and Collective Action Settlement Agreement, Class and Collective Action Settlement Agreement
To Plaintiff. In addition to the Settlement Shares to be paid to Plaintiff, Plaintiff will apply to the Court for an award of not more than $10,000 5,000.00 as the his Class Representative Service Payment. Defendants Defendant will not oppose a Class Representative Service Payment of no more than $10,000 for 5,000.00 to be paid to Plaintiff. The Settlement Administrator will pay the Class Representative Service Payment approved by the Court out of the Gross Settlement Amount. If the Court approves a Class Representative Service Payment of less than $10,000 for 5,000.00 to Plaintiff, the remainder will be retained in the Class Net Settlement Fund Amount for distribution to Participating Class Members. Payroll tax withholding and deductions will not be taken from the Class Representative Service Payment and instead a Form 1099 will be issued to Plaintiff with respect to the payment. To receive the payment, the Plaintiff agrees to a general release of all claims with a 1542 waiver as set forth below.
Appears in 1 contract
Samples: Class Action Settlement Agreement
To Plaintiff. In addition to the Settlement Shares Share to be paid to Plaintiff, Plaintiff will apply to the Court for an award of not more than $10,000 as the a Class Representative Service Payment. Defendants Defendant will not oppose a Class Representative Service Payment of no more than $10,000 for Plaintiff. The Settlement Administrator will pay the Class Representative Service Payment approved by the Court out of the Gross Settlement Amount. If the Court approves a Class Representative Service Payment of less than $10,000 10,000, for the Plaintiff, the remainder will be retained in the Class Net Settlement Fund Amount for distribution to Participating Settlement Class Members. Payroll tax withholding and deductions will not be taken from the Class Representative Service Payment and instead a Form 1099 will be issued to the Plaintiff with respect to the payment. To receive payment who will assume full responsibility and liability for the payment, Plaintiff agrees to a general release of all claims as set forth belowtaxes due on her Class Representative Service Payment.
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