Common use of Issuance of Class Notice Clause in Contracts

Issuance of Class Notice. On the date and in the manner set by the Court in its Preliminary Approval Order, Defendants shall cause notice of the Preliminary Approval Order to be delivered to the Settlement Class in the form and manner approved by the Court, which may include email notice. The Parties shall confer in good faith with regard to the form of the Class Notice in an effort to utilize cost effective forms of notice, including email. The last known physical and email addresses for members of the Settlement Class in the possession of the Plan’s current record-keeper shall suffice for all purposes in connection with this Settlement, including, without limitation, the mailing of the Class Notice and the Preliminary Approval Order shall so provide; provided, however, that for any notices that are returned as undeliverable, the settlement administrator shall utilize resources available through the U.S. Postal Service to identify updated addresses for such class members and re-mail the notices to them. Defendants shall pay the cost of notice to the Settlement Class.