Individual Settlement Payments definition

Individual Settlement Payments means the Individual Class Payment and the Individual PAGA Payments.

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Individual Settlement Payments means the amounts of money from the Net Fund 25 Value Amount that shall be paid to the Participating Class Members. Individual Settlement 26 Payments shall be each Participating Class Member's share of the Net Fund Value Amount 27 (which share shall be determined by the calculations provided in this Agreement at Section

Individual Settlement Payments means each Participating Class Member’s share of 18 the Net Settlement Amount, to be distributed to Participating Class Members.

Examples of Individual Settlement Payments in a sentence

The Administrator will send checks for Individual Settlement Payments to all Participating Class Members (including those for whom Class Notice was returned undelivered).
The Administrator will send checks for Individual Settlement Payments to all Participating Class Members (including those for whom Class Notices were returned undelivered).
The Settlement Administrator shall determine the eligibility for, and the amounts of, any Individual Settlement Payments under the terms of this Agreement.
The Claims Administrator shall be responsible for sending notices and for calculating Individual Settlement Payments and preparing all checks and mailings.
The Claims Administrator shall be authorized to pay itself from the Maximum Settlement Amount only after Individual Settlement Payments have been mailed to all Settlement Class Members.
The Settlement Administrator shall have the authority and obligation to calculate the amounts of Individual Settlement Payments in accordance with the methodology set forth in this Stipulation of Settlement and orders of the Court.
The Individual Settlement Payments made to Participating Class Members under this Settlement, as well as any other payments made pursuant to this Settlement, will not be utilized to calculate any additional benefits under any benefit plans to which any Class Members may be eligible, including, but not limited to profit-sharing plans, bonus plans, 401(k) plans, stock purchase plans, vacation plans, sick leave plans, PTO plans, and any other benefit plan.
The Individual Settlement Payments and the Service Payments shall not have any effect on the eligibility for, or calculation of, any employee benefits (e.g. vacation, retirement plans, etc.) of Claimants or Plaintiffs.
Individual Settlement Payments shall be mailed by regular First-Class U.S. Mail to each Participating Class Member’s last known mailing address within fifteen (15) days after Defendants fully fund the settlement.
The Parties agree that the formula for allocating the Individual Settlement Payments to Claimants provided herein is reasonable and that the payments provided herein are designed to provide a fair settlement to such persons, in light of the uncertainties of the compensation alleged to be owed to the Class and the calculation of such amounts.

More Definitions of Individual Settlement Payments

Individual Settlement Payments means the amounts to be paid to Verified

Individual Settlement Payments means the portion of the Net Settlement Proceeds distributable to each Participating Class Member. If a Class Member is also a PAGA Employee, the individual shall also receive a PAGA Payment Share as described below. The Individual Settlement Payments will be calculated as follows:

Individual Settlement Payments means each Settlement Class Member’s Minimum Payment amount and any additional proportional allocations, as determined by Class Counsel and approved by Defendants, to be distributed to that Settlement Class Member pursuant to Section 5.1.1, 5.1.2 or pursuant to 5.1.2.1 to the extent applicable.

Individual Settlement Payments means the portion of the Final Settlement Pool distributable to each Participating Class Member.

Individual Settlement Payments means the portion of the Net Settlement Amount allocable to each Participating Class Member based on his or her number of Credited Pay Periods as an hourly-paid or non-exempt employee of Defendants in the State of California during the Class Period as further set forth in Section 4.2 herein.