Common use of Claim Process Clause in Contracts

Claim Process. 3.1 HAC and KCI, or their agents, shall administer the claim process under the Settlement. Class Counsel shall provide reasonable supervision of the claim process. Class Counsel shall audit the claim process and provide periodic reports to the Courts on the progress or status of the claim process, and HAC and KCI shall provide Class Counsel with all reasonably required access and assistance with respect to such audit or reports to the Courts. 3.2 The Parties hereby agree that the Claim Form for the Settlement shall be materially the same as Exhibit D to this Agreement. HAC shall mail the Second Notice and the Claim Form to each known Hyundai Class Member who is a present or former owner or lessee of a Class Vehicle sold by HAC. KCI shall mail the Second Notice and the Claim Form to each known KIA Class Member who is a present or former owner or lessee of a Class Vehicle sold by KCI. 3.3 In order for a Hyundai Class Member or a KIA Class Member to receive compensation pursuant to Section 2, the Claim Form must be properly completed, signed, and mailed to the appropriate addressee identified on the Claim Form with a postmark dated within nine (9) months of the last date permitted by the Courts for mailing of the Second Notice. 3.4 Any dispute with respect to a claim submitted under the Settlement shall be subject to the ongoing supervision of the Courts if the Parties' counsel are unable to resolve such dispute by negotiation.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement