PAGA Fund definition

PAGA Fund means seventy-two thousand five hundred dollars ($72,500) of the Total Settlement Amount that is attributed to the settlement of the PAGA claims. Seventy-five percent (75%) of the PAGA Fund, or fifty-four thousand three hundred and seventy-five dollars ($54,375) shall be paid to the California Labor and Workforce Development Agency and twenty- five percent (25%), or eighteen thousand one hundred and twenty-five dollars ($18,125) of the PAGA Fund shall as set forth in Section 9.4 below.
PAGA Fund means the sum equal to exactly Twenty-Five (25%) of the PAGA Settlement Amount that will be paid to all PAGA Employees.
PAGA Fund means 25% of the PAGA Settlement Amount, 4 which is the portion to be paid to PAGA Group Members.

Examples of PAGA Fund in a sentence

  • No portion of the PAGA Fund will revert to or be retained by Defendant.

  • Accordingly, your estimated payment from the PAGA Fund is approximately $ .

  • Any amounts not distributed to PAGA Contract Carriers as a result of a disputed claim shall revert to the PAGA Fund.

  • To determine each PAGA Member’s estimated share of the PAGA Fund, the Settlement Administrator will use the following formula: The PAGA Fund will be divided by the aggregate total number of pay periods, resulting in the “PAGA pay period Value.” Each PAGA Member’s share of the PAGA Fund will be calculated by multiplying each individual Participating PAGA Member’s total number of pay periods by the PAGA pay period Value.

  • Participating Class Members and PAGA Employees must cash or deposit their Individual Settlement Share checks and/or their PAGA Fund Share checks within one hundred and eighty (180) calendar days after the checks are mailed to them.

  • For the avoidance of doubt, an individual who is both a Participating Class Member and a PAGA Employee will receive the sum of: (1) a payment based on its allocated share of the PAGA Fund and (2) an Individual Settlement Share.

  • L(L )] ≥ λ [L(Lr )] − ϵ > 1 − 3ϵ,2 i or equivalently1 − ϵλ2n—1[I − L(Li)] < 3ϵ.Moreover, a.a.s. |dLi (v) − 2C log n| < 2ϵ · 2C log n.

  • To determine each Aggrieved Employee’s estimated share of the PAGA Fund, the Settlement Administrator will use the following formula: The PAGA Fund will be divided by the aggregate total number of Pay Periods, resulting in the “PAGA Pay Period Value.” Each Aggrieved Employee’s share of the PAGA Fund will be calculated by multiplying each individual Aggrieved Employee’s total number of Pay Periods by the PAGA Pay Period Value.

  • The Settlement 10 Administrator shall be responsible for the Allocations of the Net Settlement Sum to Settlement 11 Class Members and of the PAGA Fund to PAGA Group Members and, thereby, for determining 12 the Class Settlement Awards and the PAGA Settlement Awards, all to be paid on a pro rata basis 13 as discussed below.

  • The PAGA Fund that is paid to each PAGA Employee shall be determined based on the following formula: the payment to PAGA Employees will be based on the number of weeks employed by Defendant by each PAGA Employee during the PAGA Released Period.


More Definitions of PAGA Fund

PAGA Fund means Ten Thousand Dollars ($10,000.00) of the Total Settlement Amount that is attributed to settle fully and finally the PAGA claims of PAGA Members.
PAGA Fund means the Total Settlement Payment, less Plaintiff’s Counsel
PAGA Fund means the gross amount of Two Hundred Thousand dollars ($200,000)
PAGA Fund means thirty thousand dollars ($30,000) of the Maximum Gross Settlement Amount that is attributed to the settlement of the PAGA claims.
PAGA Fund means the Twenty-Five Percent (25%), or Twenty-Two Thousand Five Hundred Dollars ($22,500.00) (“PAGA Fund”), of the PAGA Settlement Amount that will be paid to the Aggrieved Employees.

Related to PAGA Fund

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.

  • Program fund means the program fund created under Section 53B-8a-107,

  • Private Fund means an issuer that would be an investment company as defined in section 3 of the Investment Company Act of 1940 but for Section 3(c)(1) or 3(c)(7) of that Act.

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.