Compensation to Settlement Class Members Sample Clauses
The "Compensation to Settlement Class Members" clause defines how and when members of a settlement class will receive payments or benefits as part of a legal settlement. Typically, this clause outlines the eligibility criteria for class members, the method of calculating individual compensation amounts, and the process for distributing funds, such as direct payments or claims-based reimbursements. Its core function is to ensure that affected individuals are fairly compensated for their claims, providing a clear and organized mechanism for distributing settlement proceeds and resolving disputes efficiently.
Compensation to Settlement Class Members. Settlement Class Members must submit a valid Claim Form in order to receive a settlement benefit. Claims will be subject to review for completeness and plausibility by the Settlement Administrator. For claims deemed invalid, the Settlement Administrator will provide claimants an opportunity to cure in the manner set forth below. All Settlement Class members who submit a valid claim form will receive a pro rata share of the Settlement Fund, which will paid in accordance with Paragraph 16 above.
Compensation to Settlement Class Members. Subject to the terms of this Settlement Agreement, EHS shall make available the following compensation to Settlement Class Members who, except where noted, the Settlement Administrator reasonably determines have submitted valid claims forms:
(a) Identity Theft Protection: EHS will offer 2 years (24 months) of credit monitoring to all Settlement Class Members, but each Settlement Class Member will be responsible for signing up to activate the protection. Class Members will have two months from the mailing of the Short-Form Notice to activate their two years of credit monitoring.
Compensation to Settlement Class Members. Settlement Class Members will be entitled to a Class Benefit representing their share of the Common Fund.
Compensation to Settlement Class Members. Subject to the terms of this Settlement Agreement, Roadrunner shall make available the following compensation to Settlement Class Members who, except where noted, submit valid Claim Forms. Before submitting a claim for reimbursement under Claim B in category (b) below (“Reimbursement of Expenses”), Settlement Class Members who previously enrolled in AllClear identity theft protection services or Kroll identity theft protection services offered by Roadrunner must first submit their claim to AllClear or Kroll and have that claim denied or exhausted before being eligible to claim any additional amounts under this Settlement Agreement:
Compensation to Settlement Class Members. Subject to the terms of this Settlement Agreement, Boys Town shall make available the following compensation to Settlement Class Members who, except where noted, the Settlement Administrator reasonably determines have submitted valid claims forms:
(a) Identity Theft Protection: Boys Town will offer 2.5 years (30 months) of single-bureau credit monitoring to all class members that sign up to activate the offered services. Such single-bureau credit monitoring shall include up to $1 million in identity theft insurance.
Compensation to Settlement Class Members. A. INDIVIDUAL COMPENSATION
31. Within seven (7) days of the Special Circumstances Claims Deadline, the Parties will compute the Compensation Amount in accordance with this Agreement.
32. If the amounts of Class Counsel Fees have not been finally determined by the Court before the Effective Date of the Settlement, the Parties shall deem Class Counsel Fees equal to the maximum amounts that such fees and disbursements could be pursuant to this Agreement for the purpose of determining the Compensation Amount, in application of paragraph 60 of this Agreement.
33. Each Settlement Class Member with an active account (i.e., with a valid email address that did not return as unsent or undeliverable when the Pre-Approval Notice was sent pursuant to paragraph 11 of this Agreement) with the Defendants and who did not opt out or submit a valid Special Claim, will be entitled to receive Individual Compensation in an amount corresponding to the Compensation Amount equally divided between all Settlement Class Members entitled to receive such Individual Compensation, no matter how many Platinum Ticket(s) they purchased over the Class Period.
34. Based on the Parties’ current estimation and assuming that the total amount of the Special Circumstances Claims reaches the agreed cap of fifty thousand Canadian dollars (CA$ 50,000) and that the Settlement Expenses are of the same amount, the Compensation Amount is estimated at five hundred five thousand Canadian dollars (CA$ 505,000). Without excluding the Settlement Class Members who validly submitted a Special Circumstances Claim, and are thus ineligible for Individual Compensation, each of the estimated twelve thousand (12,000) Settlement Class Members would receive an Individual Compensation estimated at forty-two Canadian dollars (CA$ 42.00), less any deductions, as described at paragraph 46 below.
Compensation to Settlement Class Members. Settlement Class Members may file a claim for a cash payment of up to $20 per Settlement Class Member. Settlement Class Members must submit a valid Claim Form in order to receive a settlement benefit. Claims will be subject to review for completeness and plausibility by the Settlement Administrator. For claims deemed invalid, the Settlement Administrator will provide Claimants an opportunity to cure in the manner set forth below.