Plaintiff and Settlement Clause Samples
The 'Plaintiff and Settlement' clause defines the rights and obligations of the plaintiff in relation to settling a dispute or claim. Typically, this clause outlines the conditions under which the plaintiff may agree to a settlement, such as requiring prior written consent from other parties or specifying how settlement proceeds are to be distributed. Its core function is to ensure that settlements are managed transparently and fairly, preventing unilateral decisions that could adversely affect other stakeholders involved in the dispute.
Plaintiff and Settlement. Class Members who did not validly and timely request exclusion from the Settlement are permanently barred and enjoined from asserting, commencing, prosecuting, or continuing any of the Released Claims or any of the claims described in the Settlement Agreement against any of the Released Parties.
Plaintiff and Settlement. Class Counsel have fairly and adequately protected the Settlement Class’ interests, and the Parties have adequately performed their obligations under the Settlement Agreement.