Common use of Class Relief Clause in Contracts

Class Relief. The Parties agree as follows: 8.1 Comcast will provide a Settlement Fund of fifty million dollars ($50,000,000) in cash and services to the Philadelphia Settlement Class. Subject to paragraphs 8.2 through 8.8 below, the Settlement Fund shall be comprised of (1) sixteen million six hundred and seventy thousand dollars ($16,670,000) cash (the “Settlement Cash Amount”), and (2) services valued at thirty-three million three hundred and thirty thousand dollars ($33,330,000) (the “Settlement Credits”). There will be no reverter of any portion of the Settlement Fund to Comcast.

Appears in 3 contracts

Sources: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement