Examples of Claiming Settlement Class Member in a sentence
The Claims Administrator shall provide each Claiming Settlement Class Member with appropriate documentation setting forth the amount of any tax or other payment withheld, and employer contribution made, in accordance with State and Federal tax requirements.
The total Individual Settlement Awards claimed by Claiming Settlement Class Members shall be the “Claimed Settlement Amount.” If each and every individual Settlement Class Member is a Claiming Settlement Class Member, then the Claimed Settlement Amount, plus the PAGA Allocation, shall equal the Potential Gross Settlement Proceeds.
The Claims Administrator shall report the taxes withheld from the wages of each Claiming Settlement Class Member as required by law via a W-2 form, and shall immediately pay over all such withheld funds, plus the employer’s contribution, to the appropriate State and Federal taxing authorities.
Within fourteen (14) days after the Funding Date, the Settlement Administrator shall mail equal payments to each Settlement Class Member in the Automatic Payment Category and each Claiming Settlement Class Member to the last known address reflected in the Class List or the updated address previously used during the Settlement Class Notice Plan.
Example: If the Claiming Settlement Class Member worked 80 workweeks during the applicable class period, and there are a total of 8,000 workweeks worked by all Settlement Class Members during the applicable class period, then the Claiming Settlement Class Member’s Individual Settlement Award will be 1% of the Settlement Class Member Allocation.
Within ninety (90) days of the mailing of the checks from the Automatic Payment Fund, the Settlement Administrator shall mail equal payments out of the Claims Fund to each Claiming Settlement Class Member.
After appropriate tax withholding, the net payment to be received by each Claiming Settlement Class Member shall be designated as the “Net Payment,” and said sum shall be paid as provided in this Settlement Agreement.
Should a Settlement Class Member Who Disputed submit a Claim anyway, thereby becoming a Claiming Settlement Class Member, such individual shall receive the same payment as if they were only a member of one of those categories.
Any Settlement Class Member who does not make a claim (i.e., become a Claiming Settlement Class Member) shall not receive any Individual Settlement Award.