Examples of Pay Periods in a sentence
An Individual PAGA Payment calculated by: (a) dividing the Net Settlement Amount by the total number of PAGA Pay Periods worked by all PAGA Members during the PAGA Period; and (b) multiplying the result by each PAGA Members’ PAGA Pay Periods.
Likewise, the Parties agreed that $20,000 will be allocated to settle the PAGA claim, with $15,000 to be paid to the LWDA, and the remaining $5,000 to be distributed to the Participating PAGA Members based upon their proportionate Pay Periods during the PAGA Period.
The Settlement Administrator will calculate the number of Compensable Pay Periods worked by Settlement Class Members, the amount to be paid per Compensable Pay Period and the Individual Settlement Share to be paid to each Settlement Class Member.
The Class Notice will apprise each member of the Plaintiff Class of the approximate dates he or she held an eligible position during the Settlement Period as well as his or her total number of Compensable Pay Periods.
Each Settlement Class Member shall be entitled to receive a pro rata portion of the Net Settlement Fund (his/her “Individual Settlement Share”), calculated based upon the number of Compensable Pay Periods worked thereby during the Settlement Period, divided by the total number of Compensable Pay Periods worked by all Settlement Class Members during said period.