Examples of PAGA Settlement Amount in a sentence
As a result, all PAGA Employees—regardless of whether they submit a Request for 12 Exclusion—shall receive a check for their share of the PAGA Settlement Amount when settlement 13 payments are delivered, and they will be bound by a release of the PAGA claims as outlined in the 14 section entitled “Release of PAGA Claims by PAGA Employees” in this Agreement.
The Parties agree that this 20 disposition results in no “unpaid residue” under California Civil Procedure Code Section 384, as the 21 entire Net Settlement Amount (plus the PAGA Settlement Amount) will be paid to the PAGA 22 Employees and Participating Settlement Class Members, whether or not they all cash their Individual 23 Settlement Payment and/or Individual PAGA Payment checks.
After the Effective Date, the Gross Settlement Fund 26 will be used to pay: (i) Individual Settlement Payments; (ii) the PAGA Settlement Amount; (iii) the 27 Class Representative Enhancement Payments; (iv) the Class Counsel Award; and (v) Settlement 28 Xxxxxx, Xxxx & Xxxxxxxx LLP CLASS ACTION SETTLEMENT AGREEMENT AND RELEASE Doc ID: c85e8d2d3820d0bd6a651053e8bee6a95312c358 1 Administration Costs.
For tax purposes, the Individual PAGA 28 Payments from the PAGA Settlement Amount will be treated as 100% penalties and will be reported Xxxxxx, Xxxx & Xxxxxxxx LLP CLASS ACTION SETTLEMENT AGREEMENT AND RELEASE Doc ID: c85e8d2d3820d0bd6a651053e8bee6a95312c358 1 on IRS Form 1099.
Any Settlement Class Member who timely 19 submits a Request for Exclusion will still receive an Individual PAGA Payment representing their 20 portion of the PAGA Settlement Amount.