PAGA Payment Share definition

PAGA Payment Share means the gross amount that shall be paid to each PAGA
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PAGA Payment Share means the value of each PAGA Group Member’s share
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PAGA Payment Share means the gross amount that shall be paid to each PAGA Employee for the total number of weeks that the individual PAGA Employee performed work for Defendant as a non-exempt hourly manager during the PAGA Period, as described below in section C(7)(f).
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Examples of PAGA Payment Share in a sentence

  • Each PAGA Aggrieved Employees’ 6 PAGA Payment Share shall be apportioned as 100% non-wages.

  • Rather, Aggrieved Employees will receive an Individual PAGA Payment Share automatically, without the return of a claim form.

  • Subject to the terms and conditions of this Agreement, the Settlement Administrator will pay an Individual PAGA Payment Share from the Aggrieved Employees Amount to each Aggrieved Employee.

  • All funds associated with the Individual Settlement Share and Individual PAGA Payment Share checks returned as undeliverable and funds associated with those Individual Settlement Share and Individual PAGA Payment Share checks remaining un-cashed, shall be distributed by the Settlement Administrator, to Legal Aid at Work.

  • The value of each Aggrieved Employee’s Individual PAGA Payment Share ties directly to the one day they attended an alleged “pre-employment” meeting during the PAGA Period.

  • Each Participating Class Member, PAGA Employee, and Plaintiff shall be responsible for remitting to state and/or federal taxing authorities any applicable taxes which may be owed on the portion of any Individual Settlement Payment and PAGA Payment Share received pursuant to this Settlement, except as provided by this Settlement.

  • In addition to her Individual Settlement Share and her Individual PAGA Payment Share, and subject to the Court’s approval, the named Plaintiff, Xxxxxxxx Xxxx, will receive up to Five Thousand and Zero Cents ($5,000.00) in consideration for providing Defendants a General Release, a release that is broader than the claims released by Participating Class Members.

  • Each Individual PAGA Payment Share will be paid as penalties shall be subject to all authorized and required withholdings other than the tax withholdings customarily made from employees’ wages and shall be reported by IRS 1099 forms.

  • If a Class Member is also a PAGA Employee, the individual shall also receive a PAGA Payment Share as described below.

Related to PAGA Payment Share

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Payment Shares has the meaning set forth in Section 2.02;

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Delta Payment means as it is described in this Agreement.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Accelerated Purchase Share Amount means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor in an Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(b) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Accelerated Purchase Date beginning at the Accelerated Purchase Commencement Time for such Accelerated Purchase and ending at the Accelerated Purchase Termination Time for such Accelerated Purchase.

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Earnout Amount has the meaning set forth in Section 2.15(a).

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Put Price has the meaning set forth in Section 8.05(a).

  • Earn-Out Payment has the meaning set forth in Section 2.4(a).

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.