Examples of Incentive Award in a sentence
At the Final Approval Hearing, the Court will also consider whether to make final the certification of the Settlement Class for settlement purposes, hear any proper objections to the Settlement, as well as any requests for an award of attorneys’ fees, costs, and expenses and a Class Representative Incentive Award that may be sought by Class Counsel.
Valid Class Members shall be paid $1,689.19 (the “Individual Payment’) from the Settlement Fund, less Notice and Administration costs, Attorney’s Fees and Costs, and Incentive Award — regardless of the number of alleged BIPA violations applicable to each such class member.
Class Counsel will ask the Court to approve, and CTBI will not oppose, an Incentive Award not to exceed $10,000 for the Settlement Class Representative, which is intended to compensate Named Plaintiff for her efforts in the litigation and commitment on behalf of the Settlement Class.
The total amount distributed to the Settlement Class Members shall be the Settlement Fund and any earnings thereon, less the Settlement Administration Expenses, and any amount awarded by the Court for any Fee Award to Class Counsel and any Incentive Award.
Any Incentive Award approved by the Court shall be deducted and paid from the common Settlement Fund.