Common use of Distribution of Net Settlement Fund Clause in Contracts

Distribution of Net Settlement Fund. The Settlement Administrator shall distribute the Net Settlement Fund to Class Members in accordance with the Plan of Allocation as described in Article V herein. Subject to at least forty (40) calendar days’ written notice from the Settlement Administrator, the Company shall use reasonable efforts to cause the Plan’s recordkeeper (or its designee) to provide an updated list of Active Participants and Inactive Participants prior to the distribution, so as to identify any such participants who have taken a full distribution from their Plan account and no longer have a Plan account with a balance greater than $0.00.