Common use of Defendant’s Option to Terminate Clause in Contracts

Defendant’s Option to Terminate. If five percent (5%) or more of the Class Members opt out of this Settlement, then Defendants have, at their sole discretion, the right to withdraw from and void this Settlement, and the Parties will revert to their positions prior to provisional class certification under the terms of this Settlement. This option to terminate the Settlement must be exercised in writing to Class Counsel, sent by email, within ten

Defendant’s Option to Terminate. If five percent (5%) or more of the Class Members opt out of this Settlement, then Defendants haveDefendant has, at their its sole discretion, the right to withdraw from and void this Settlement, and the Parties will revert to their positions prior to provisional class certification under the terms of this Settlement. This option to terminate the Settlement must be exercised in writing to Class Counsel, sent by email, within tento