Common use of Second Distribution Clause in Contracts

Second Distribution. After Defendants’ payment obligations are complete in ▇▇▇▇▇, within thirty (30) days of Defendants having contributed an additional $900,000.00 to the Trust Account pursuant to the timeline set forth in Paragraph 5.1.1, the Settlement Administrator shall distribute those funds a pro rata basis to Class Members who have submitted a valid claim form and are still owed funds under the Settlement, attorney’s fees, costs and PAGA. If a Participating Class Member failed to cash his or her settlement check from the First Distribution, the amount of that check shall be included in the Second Distribution and that Class Member shall still receive a check in the Second Distribution.