SETTLEMENT APPROVAL PROCEDURE. On or before fourteen (14) days1 after full execution of this Agreement, the Named Plaintiff shall file an Unopposed Motion for Order Approving Settlement of Collective Action and Authorizing Notice of Settlement and Opportunity to File Consent to Join and Release Forms, and Dismissal with Prejudice (“Approval Motion”) with this Settlement Agreement, the Notice of Settlement (to reflect the Named Plaintiff's and each Potential Opt-In Plaintiff's individual settlement amount and a summary of the basis for settlement) and Consent to Join and Release Form (collectively, the “Notice Packet”), which is attached to this Agreement as Exhibit A, advising the Named Plaintiff and Potential Opt-In Plaintiffs of the material terms and provisions of this settlement, the procedure for submitting Consent to Join and Release Forms, and their rights with respect to this settlement. The Settling Parties shall also submit an agreed- upon Proposed Order (“Approval Order”), which is attached to this Agreement as Exhibit B. Not later than five (5) court days prior to the submission of the Approval Motion, the Named Plaintiff's Counsel will submit a near-final draft thereof to Counsel for ▇▇▇▇▇▇▇ ▇▇▇▇▇ for their review and comment.
Appears in 1 contract
Sources: Settlement Agreement
SETTLEMENT APPROVAL PROCEDURE. A. On or before fourteen (14) days1 days after full execution of this Agreement, the Named Plaintiff Plaintiffs shall file an Unopposed Motion for Order Approving Settlement of Collective Action and Authorizing Notice of Settlement and Opportunity to File Consent to Join and Release Forms, and Dismissal with Prejudice (“Approval Motion”) with ). The Approval Motion shall attach the following for the Court’s review: this Settlement Agreement, ; the Notice of Settlement (to reflect the Named Plaintiff's and each Potential Opt-In Plaintiff's individual settlement amount and a summary of the basis for settlement) and Consent to Join and Release Form (collectively, the “Notice Packet”), which is attached to this Agreement as Exhibit A, advising the Named Plaintiff Plaintiffs and Potential Opt-In Plaintiffs Putative Collective Members of the material terms and provisions of this settlement, the procedure for submitting Consent to Join and Release Forms, and their rights with respect to this settlement. The Settling Parties shall also submit ; and an agreed- agreed-upon Proposed Order (“Approval Order”), which is attached to this Agreement as Exhibit B.
B. Not later than five (5) The Settling Parties agree to do all things reasonably necessary and appropriate to obtain court days prior to approval of this Agreement. This Agreement is contingent on approval by the submission of Court and is entered into voluntarily by the Approval Motion, the Named Plaintiff's Counsel will submit a near-final draft thereof to Counsel for ▇▇▇▇▇▇▇ ▇▇▇▇▇ for their review and commentSettling Parties.
Appears in 1 contract
Sources: Settlement Agreement