Common use of Payments to the Settlement Class Clause in Contracts

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement Payment”) from the Settlement. Individual Settlement Payments will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Settlement Amount the amounts approved by the Court for Class Counsel's attorneys' fees, Class Counsel's costs and expenses, Plaintiff's Class Representative Service Award, the Settlement Administrator's fees and expenses for administration, and the amount designated as PAGA civil penalties. The remaining amount shall be known as the “Net Settlement Fund” (“NSF”). B. From the Net Settlement Fund, the Settlement Administrator will calculate each Settlement Class member's Individual Settlement Payment based on the following formula: i. Payments to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will be distributed to all participating Settlement Class members based on each participating Settlement Class member's proportionate workweeks worked during the Class Period, by multiplying 75% of the NSF by a fraction, the numerator of which is the participating Settlement Class member's number of workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all participating Settlement Class members during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members Members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual Member’s Settlement Payment Award based on the following formula: i. Payments The Net Settlement Amount, not including the PAGA Amount payable to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will Members as described above, shall be distributed allocated to all participating Settlement Class members based on Members who worked during the Class Period, as follows: each participating Settlement Class member's Member shall receive a proportionate settlement share based upon the number of workweeks worked during the Class Period, by multiplying 75% of the NSF by a fraction, the numerator of which is the participating Settlement Class member's number of Member’s total workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all participating Settlement Class members Members who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments to all participating Settlement Class members: Seventy-Five Ninety percent (7590%) of the NSF Net Settlement Amount will be distributed to all participating Settlement Class members based on each participating Settlement Class member's ’s proportionate workweeks Workweeks worked during the Class Period, by multiplying 7590% of the NSF Net Settlement Amount by a fraction, the numerator of which is the participating Settlement Class member's ’s number of workweeks Workweeks worked during the Class Period, and the denominator of which is the total workweeks Workweeks worked by all participating Settlement Class members during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments The Net Settlement Amount shall be allocated to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will be distributed to all participating Settlement Class members based on each participating Settlement Class member's proportionate workweeks who worked during the Class Period, by multiplying 75% as follows: each participating Settlement Class member shall receive a proportionate settlement share based upon the number of pay periods worked as a Driver during the NSF by a fractionClass Period, the numerator of which is the participating Settlement Class member's number of workweeks ’s total pay periods worked as a Driver during the Class Period, and the denominator of which is the total workweeks pay periods worked as Drivers by all participating Settlement Class members (who do not opt out) who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments The Net Settlement Amount shall be allocated to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will be distributed to all participating Settlement Class members based on each participating Settlement Class member's proportionate workweeks who worked during the Class Period, by multiplying 75% as follows: each participating Settlement Class member shall receive a proportionate settlement share based upon the number of weeks worked as a non-exempt employee during the NSF by a fractionClass Period, the numerator of which is the participating Settlement Class member's number of workweeks ’s total weeks worked as a non-exempt employee during the Class Period, and the denominator of which is the total workweeks weeks worked as non-exempt employees by all participating Settlement Class members (who do not opt out) who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments The Net Settlement Amount shall be allocated to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will be distributed to all participating Settlement Class members based on who worked during the Class Period, as follows: each participating Settlement Class member's member shall receive a proportionate settlement share based upon the number of workweeks worked during the Class Period, by multiplying 75% of the NSF by a fraction, the numerator of which is the participating Settlement Class member's number of ’s total workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all participating Settlement Class members (who do not opt out) who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penalties. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments The Net Settlement Amount, not including the PAGA Amount payable to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will Members as described above, shall be distributed allocated to all participating Settlement Class members based on Members who worked during the Class Period, as follows: each participating Settlement Class member's Member shall receive a proportionate settlement share based upon the number of workweeks worked during the Class Period, by multiplying 75% of the NSF by a fraction, the numerator of which is the participating Settlement Class member's number of Member’s total workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all participating Settlement Class members Members who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members Members are not required to submit a claim form to receive a payment (“Individual Settlement Payment”) from the Settlement. Individual Settlement Payments will be determined and paid as follows: A. The Settlement Claims Administrator shall first deduct from the Maximum Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's the Class Representative Service AwardEnhancement Payment, the Settlement Administrator's fees and expenses for administrationLWDA’s share of PAGA penalties, the PAGA Amount, and the amount designated as PAGA civil penaltiesClaims Administrator’s costs. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Claims Administrator will calculate each Settlement Class member's Member’s Individual Settlement Payment based on the following formula: i. Payments to all participating PAGA Amount: $25,000.00 of the Maximum Settlement Amount has been designated as the “PAGA Amount” as described above. Each Settlement Class members: Seventy-Five percent (75%) Member who was employed by Defendant at any time during the PAGA Period shall receive a portion of the NSF will be distributed PAGA Amount proportionate to all participating Settlement Class members based on each participating Settlement Class member's proportionate the number of workweeks that he or she worked during the aforementioned time period. Each Settlement Class Period, Member who was employed by multiplying 75% Defendant during the PAGA Period will be issued a check for their share of the NSF by PAGA Amount regardless of whether they submit a fraction, valid Request for Exclusion from the numerator of which is the participating Settlement Class member's number of workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all participating Settlement Class members during the Class Periodas set forth in Section 9.D. herein.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments The Net Settlement Amount shall be allocated to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will be distributed to all participating Settlement Class members based on each participating Settlement Class member's proportionate workweeks who worked during the Class Period, by multiplying 75% as follows: each participating Settlement Class member shall receive a proportionate settlement share based upon the number of workweeks worked as a non-exempt employee during the NSF by a fractionClass Period, the numerator of which is the participating Settlement Class member's number of ’s total workweeks worked as a non-exempt employee during the Class Period, and the denominator of which is the total workweeks worked as non-exempt employees by all participating Settlement Class members (who do not opt out) who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement Fund” (“NSFAmount.). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments to all participating Settlement Class members: Seventy-Five percent (75%) of the NSF will be distributed to all participating Settlement Class members based on each participating Settlement Class member's Member shall receive a proportionate settlement share based upon the number of workweeks the Settlement Class Member worked during the Class Period, by multiplying 75% of the NSF by a fraction, the numerator of which is the participating Settlement Class member's number of Member’s total workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all participating Settlement Class members Members (who do not opt out) who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement

Payments to the Settlement Class. Settlement Class members Members are not required to submit a claim form to receive a payment (“Individual Settlement PaymentAward”) from the Settlement. Individual Settlement Payments Awards will be determined and paid as follows: A. : The Settlement Administrator shall first deduct from the Maximum Gross Settlement Amount the amounts approved by the Court for Class Counsel's ’s attorneys' fees, Class Counsel's ’s costs and expenses, Plaintiff's ’s Class Representative Service Award, the Settlement Administrator's ’s fees and expenses for administration, and the amount designated as PAGA civil penaltiespenalties payable to the LWDA. The remaining amount shall be known as the “Net Settlement FundAmount.(“NSF”). B. From the Net Settlement FundAmount, the Settlement Administrator will calculate each Settlement Class member's Individual ’s Settlement Payment Award based on the following formula: i. Payments to all participating Settlement Class members: SeventyWorkweek Based Amount: Ninety-Five percent Percent (7595%) of the NSF will be distributed Net Settlement Amount, not including the PAGA Amount payable to all participating Settlement Class members based on Members as described above, shall be allocated to Settlement Class Members who worked during the Class Period, as follows: each participating Settlement Class member's member shall receive a proportionate settlement share based upon the number of workweeks worked during the Class Period, by multiplying 75% of the NSF by a fraction, the numerator of which is the participating Settlement Class member's number of ’s total workweeks worked during the Class Period, and the denominator of which is the total workweeks worked by all participating Settlement Class members Members who worked during the Class Period.

Appears in 1 contract

Sources: Settlement Agreement