PAGA Amount means an amount of $100,000.00, 75% of which ($75,000.00) shall be deducted from the Settlement Fund and paid to the California Labor and Workforce Development Agency (“LWDA”) as a payment of penalties for the claims asserted under PAGA. In connection with settlement approval, the LWDA shall be notified of the existence of the settlement. Should the LWDA object to the amount of this payment, the parties agree to work in good faith to negotiate if possible another agreeable amount to be paid out of the Settlement 2054714.3 - 6 - Fund for this payment of penalties to the LWDA under PAGA, and any amount shall be paid out of the Settlement Fund.
PAGA Amount. In addition, Seven Thousand Five Hundred Dollars and Zero Cents ($7,500.00) of the Gross Settlement Amount has been designated as the “PAGA Amount” as described above. Each PAGA Employee shall receive a portion of the PAGA Amount proportionate to the number of workweeks that he or she worked during the PAGA Period, which will be calculated by multiplying the PAGA Amount by a fraction, the numerator of which is the PAGA Employee’s number of workweeks worked during this time period, and the denominator of which is the total number of workweeks worked by all PAGA Employees. Within ten (10) calendar days following Defendants’ deposit of the Gross Settlement Amount with the Settlement Administrator, the Settlement Administrator will calculate Settlement Award amounts and provide the same to counsel for the Parties for review and approval. Within seven (7) calendar days of approval by counsel for the Parties, the Settlement Administrator will prepare and mail Settlement Awards, less applicable taxes and withholdings, to participating Settlement Class Members. The Settlement Administrator shall simultaneously pay the withholdings to the applicable authorities with the necessary reports, submitting copies to Defendants’ counsel. For purposes of calculating applicable taxes and withholdings, each Settlement Award shall be allocated as follows: Sixty-Seven percent (67%) as penalties and interest; and Thirty-Three percent (33%) as wages. The Settlement Administrator will be responsible for issuing to participating Settlement Class Members IRS Forms W-2 for amounts deemed “wages” and IRS Forms 1099 for the amounts allocated as penalties and interest. No tax advice has been given to any Settlement Class member. No tax result is guaranteed as related to any payment under this Settlement. Defendants make no representation as to the tax treatment or legal effect of the payments called for under this Settlement Agreement. Each Settlement Class member who receives a Settlement Award will be responsible for correctly characterizing the payment for tax purposes and for payment of any taxes owing on said amount. Notwithstanding the treatment of the payments to each Settlement Class member above, none of the payments called for by this Settlement Agreement, including the wage portion, are to be treated as earnings, wages, pay or compensation for any purpose of any applicable benefit or retirement plan. Each member of the Settlement Class who receives a Settlement Award must cas...
PAGA Amount. As noted above, $15,000 of the NSA has been designated as the “PAGA Amount.” The PAGA Amount will be distributed to all Settlement Class members who worked for Mission Produce in California at any time from April 24, 2019 through <<END OF CLASS PERIOD>> (the “PAGA Period”), based on the proportionate number of pay periods they worked for Mission Produce in California during the PAGA Period.
Examples of PAGA Amount in a sentence
The PAGA Amount of $50,000 is to be paid from the Gross Settlement Amount, with 75% ($37,500) allocated to the LWDA PAGA Payment and 25% ($12,500) allocated to the Individual PAGA Payments.
More Definitions of PAGA Amount
PAGA Amount. Each Settlement Class Member who was employed by Defendant California Fruit Basket, Inc. and/or Defendant Xxxxxxxxx Enterprises, Inc. at any time from August 28, 2019 to June 16, 2021 shall receive a portion of the One Thousand Two Hundred Fifty Dollars and Zero Cents ($1,250.00) of the Net Settlement Fund that has been designated as the “PAGA Amount” proportionate to the number of pay periods that he or she worked during the period from August 28, 2019 to June 16, 2021 (“PAGA Period”). Settlement Class Members shall not have the right to opt out of the PAGA portion of the settlement, but may choose to opt out of the class portion of the settlement, as detailed herein. Settlement Class Members will receive their portion of the PAGA Amount regardless of their decision to opt out of the class settlement.
PAGA Amount means the allocation of Five Hundred Thousand Dollars 2 ($500,000.00) from the Total Settlement Amount for the PAGA Settlement. Seventy-five percent 3 (75%) of the PAGA Amount, or $375,000.00, will be paid to the LWDA (i.e., the LWDA Payment) 4 and the remaining twenty-five percent (25%) or, $125,000.00, will be distributed to PAGA Employees 5 based on their PAGA Workweeks (i.e., the PAGA Employee Amount).
PAGA Amount means an amount not to exceed Fifty Thousand Dollars ($50,000.00) attributable to Plaintiffs’ claims pursuant to the California Private Attorneys
PAGA Amount means the amount that the Parties have agreed to pay to the Labor and Workforce Development Agency ( LWDA ) and PAGA Members in connection with the Labor Code Private Attorneys General Act of 2004 (Cal. Lab. Code §§ 2698, et seq., PAGA ). The Parties have agreed that One Hundred Thousand Dollars ($100,000) of the Gross Settlement Amount will be allocated to the resolution of any PAGA Seventy- Five Thousand Dollars ($75,000), of the PAGA Amount will be paid to the LWDA ( LWDA Payment ) , and 25%, or Twenty-Five Thousand Dollars ($25,000), of the PAGA Amount will be paid to PAGA Members ( PAGA Member Payment ). The pro rata portion of the PAGA Payment made to PAGA Members shall be determined by dividing the total number of workweeks worked during the PAGA Period into the PAGA Payment made to PAGA Members to arrive at a value per workweek for each eligible PAGA Member. The value per workweek shall be multiplied by the number of workweeks worked by each PAGA Member during the PAGA Period.
PAGA Amount means the total amount of PAGA monies to be paid from the Gross Settlement Amount, allocated 25% to the PAGA Employees ($3,750) and the 75% to LWDA ($11,250) in settlement of PAGA claims.
PAGA Amount means the allocation of Fifty Thousand Dollars and Zero 10 percent (75%) of the PAGA Amount, or $37,500.00, will be paid to the LWDA (i.e., the LWDA 11 Payment) and the remaining twenty-five percent (25%), or $12,500.00, will be distributed to the 12 PAGA Employees (i.e., the PAGA Employee Amount).
PAGA Amount means the portion paid from the Gross Settlement Amount to resolve the claims for civil penalties under the PAGA, allocated 25% to the Aggrieved Employees ($12,500) and the 75% to LWDA ($37,500).