Common use of Payment to Class Representatives Clause in Contracts

Payment to Class Representatives. The Class Representatives will ask the Court to award them a payment for the time, effort, expense, and service that they personally invested in the Litigation. Defendants will not object to such payment to be paid to the Class Representatives from the Settlement Fund provided that the payment does not exceed $10,000 per Class Representative, subject to Court approval. Class Counsel will file the motion for service awards and post the motion and all supporting papers on the Settlement Website no later than fourteen (14) days before the Claims Deadline, Objection Deadline, and Exclusion Deadline.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement