Common use of Chart Settlement Class Notice Clause in Contracts

Chart Settlement Class Notice. Named Plaintiffs, Defendant, and the Settlement Administrator have agreed that they will jointly recommend the Chart Settlement Class Mail Notice, substantially in the form attached as Exhibit G, to the Court for approval. After the Court enters Preliminary Approval, the Settlement Administrator will send the Chart Settlement Class Mail Notice via email to the last known email address reflected in the Chart Settlement Class List to each Chart Settlement Class Member identified on the Chart Settlement Class List if an email address is available. If no email address is available for a Chart Settlement Class Member or if an email results in a bounce-back or is otherwise undeliverable, then the Settlement Administrator will send the Chart Settlement Class Mail Notice via U.S. mail, postage prepaid requesting either forwarding service or change service to the last known address reflected in the Chart Settlement Class List. For up to forty-five days following the mailing of the Chart Settlement Class Mail Notice, the Settlement Administrator will re-mail the Chart Settlement Class Mail Notice via standard U.S. Mail, postage prepaid, to updated addresses of Chart Settlement Class Members to the extent that it received address change notifications from the U.S. Postal Service. No later than seven days before the final fairness hearing in this Litigation, the Settlement Administrator will file proof of the mailing of the Chart Settlement Class Mail Notice with the Court. Neither the Parties nor the Settlement Administrator will have any further obligation to send notice of the Settlement to the Chart Settlement Class Members. The Settlement Administrator also will create and maintain the Settlement Class Website to be activated no later than five days prior to the mailing of the Settlement Class Mail Notice described above. The Settlement Administrator’s responsibilities will also include securing an appropriate URL, such as ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. The Settlement Class Website will post important settlement documents, such as the Settlement Agreement, the Chart Settlement Class Mail Notice, and the Preliminary Approval Order. In addition, the Settlement Class Website will include a section for frequently-asked questions and procedural information regarding the status of the Court-approval process, such as an announcement when the Final Approval Hearing is scheduled, when the Final Judgment and Order has been entered, and when the Effective Date is expected or has been reached. The Settlement Administrator will terminate the Settlement Class Website either (1) one hundred and eighty days after the Effective Date, or (2) thirty days after the date on which the settlement is terminated or otherwise not approved by a court. The Settlement Administrator will then transfer ownership of the URL to the Defendant.