FLSA Settlement Allocation definition

FLSA Settlement Allocation means the portion of the Maximum Settlement Amount allocated to the FLSA Class. The FLSA Settlement Allocation is 35% of the Maximum Settlement Amount.
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FLSA Settlement Allocation means the portion of the Net Settlement Value allocated
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FLSA Settlement Allocation means the portion of the Net Settlement
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Examples of FLSA Settlement Allocation in a sentence

  • All of these components are included in the Maximum Settlement Amount and shall be deducted prior to the California Settlement Allocation and FLSA Settlement Allocation.

  • Each Putative FLSA Collective Action Member who wishes to receive a FLSA Settlement Allocation shall complete,execute and return a Claim Form and Release within 60 calendar days of the initial mailing of the Class Notices.

  • All of these components are included in the Maximum Settlement Amount and shall be deducted prior to the California Settlement Allocation and California FLSA Settlement Allocation.

  • Putative FLSA Collective Action Members who fail to timely execute and return their Claim Form and Release shall not be entitled to an FLSA Settlement Allocation.

Related to FLSA Settlement Allocation

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Individual Settlement Payment means the amount payable from the Net

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Reais Allocation Date means, with respect of any Reais Transfer Date, the Business Day which is immediately prior to such Reais Transfer Date.

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Treasury Bills, which may be held without limit:

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Purchase Price Allocation Schedule has the meaning given to it in Section 2.7(a).

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Purchase Price Adjustment Escrow Amount means $500,000.