Settlement Share definition

Settlement Share means each Participating Class Member’s share of the Net Settlement Amount as provided by this Agreement.

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Settlement Share means the payment to a Settlement Class Member from the Settlement Fund. Each Settlement Class Member’s Settlement Share will be calculated consistent with the provisions of Paragraph 85 hereof.

Settlement Share means a share of Common Stock delivered in respect of a Restricted Stock Unit pursuant to Section 4.

Examples of Settlement Share in a sentence

Subject to approval by the Court, Two-Third of each Participating Class Member’s Settlement Share is in settlement of claims for interest and claims for penalties allegedly due to employees (“Non- Wage Portion”).
The Settlement Share for each Participating Class Member will be calculated by (a) dividing the Net Settlement Amount by the total number of workweeks worked for all Participating Class Members that occurred during the Class Period and (b) multiplying the result by each individual Participating Class Member’s workweeks worked that occurred during the Class Period.
In addition to the Settlement Share to be paid to Plaintiff, Plaintiff will apply to the Court for an award of not more than $15,000 as a Class Representative Service Payment.
The Settlement Administrator shall withhold from the Settlement Share of any Participating Class Member any amount necessary to comply with any lawful withholding order (such as orders for child support, garnishments, tax liens, or the like).
Non-Participating Class Members will receive no Settlement Share, and their Request for Exclusion DocuSign Envelope ID: 1B93E104-EB64-42C9-BF51-E2BC3277AB47 DocuSign Envelope ID: 7221404D-FF37-49F0-91AA-6C5E8083E1DF will not reduce the Gross Settlement Amount.

More Definitions of Settlement Share

Settlement Share refers to the pro rata payment as calculated in Section IV.E. to which a member of the Final Settlement Class who timely submits a valid Claim Form becomes entitled pursuant to this Settlement. To be timely, a member of the Final Settlement Class must submit a timely and valid Claim Form by the Claim Deadline.

Settlement Share has the meaning given in Section 4.

Settlement Share means a share of Common Stock to be transferred to the Grantee in settlement of a Vested Restricted Unit granted hereunder, subject to all applicable terms and conditions of, and as may be adjusted in accordance with, this Agreement and the Equity Incentive Plan.

Settlement Share means each Qualified Claimant's total share of the Settlement Fund based upon the terms of this Agreement and the Plan of Allocation.

Settlement Share means each Class Member’s allocated share of the Net Settlement Amount as provided by this Agreement.

Settlement Share means the amount of each Class Member’s share of the

Settlement Share refers to the payment to which a qualifying Final Settlement Class member becomes entitled pursuant to this Settlement, as set forth in more detail in Section IX(B)(2) below.