Final Settlement Class Members definition
Examples of Final Settlement Class Members in a sentence
Plaintiff and the Final Settlement Class Members understand and acknowledge the significance of their waivers of California Civil Code Section 1542 and similar federal and state statutes, case law, rules, or regulations relating to limitations on releases.
All payments shall be sent to the applicable Final Settlement Class Members by First Class Mail and shall be less all applicable withholdings.
Without limiting the foregoing, the Released Claims specifically extend to claims that Plaintiff and Final Settlement Class Members do not know or suspect to exist in their favor at the time that the Settlement and the releases contained therein become effective.
Defendant will also provide the dates of employment and estimated Total Drive Miles and Total Drive Time (as calculated by Resolution Economics, Defendants’ expert labor economists, which Class Counsel and the Final Settlement Class Members accept as accurate for purposes of this Settlement) for each Settlement Class Member during the Potential Liability Period (taking into account the different periods applicable to the ▇▇▇▇▇▇/Ford Participants and the other Settlement Class Members).
The Service Awards shall be in addition to the other benefits provided by the Settlement to Final Settlement Class Members.
The amount remaining from the Maximum Settlement Amount after deducting the reasonable attorneys’ fees and litigation costs, reasonable claims administration costs, reasonable enhancement payments, and the amount calculated to be the employer’s portion of taxes due on wages (“Employer Taxes”) (resulting in the “Maximum Distributable Amount”) will be available for distribution to Final Settlement Class Members who do not exclude themselves and who make claims in accordance with the terms of this Agreement.
Final Settlement Class Members who do not timely cash their Settlement Share checks and who fail to petition for a reissuance of the uncashed Settlement Share check will be considered as having waived any right to a cash payment under the Settlement Agreement but will still be able to obtain other benefits provided by the Settlement.
The Named Plaintiffs and Final Settlement Class Members each represent and warrant that nothing which would otherwise be released herein has been assigned, transferred, or hypothecated or purportedly assigned, transferred, or hypothecated.
All payments made to Qualified Final Settlement Class Members shall be allocated thirty-three and one-third percent (33 and 1/3%) to alleged wages (subject to tax withholding), thirty-three and one-third percent (33 and 1/3%) to alleged interest (not subject to tax withholding), and thirty-three and one-third percent (33 and 1/3%) to alleged liquidated damages (not subject to tax withholding).
Until paid to the Settlement Administrator (as provided herein) for the Qualified Final Settlement Class Members, at no time shall Defendants have the obligation to segregate the funds comprising the Settlement Amount, Maximum Settlement Amount or Maximum Distributable Amount from its other assets.