Timing of Service Payment. The Settlement Administrator shall pay any 9 Service Payment within 10 business days of the Effective Date, and shall issue an IRS Form 1099 to the 10 Plaintiff. The Plaintiff shall be solely responsible for paying all applicable taxes on any Service Payment 11 and shall indemnify and hold harmless Defendant from any claim or liability for taxes, penalties, or 12 interest arising as a result of the Service Payment.
Appears in 2 contracts
Sources: Class Action Settlement Agreement, Class Action Settlement Agreement
Timing of Service Payment. The Settlement Administrator shall pay any 9 26 Service Payment within 10 13 business days of the Effective Date, and shall issue an IRS Form 1099 to 27 the 10 Plaintiff. The Plaintiff shall be solely responsible for paying all applicable taxes on any Service 1 Payment 11 and shall indemnify and hold harmless Defendant from any claim or liability for taxes, 2 penalties, or 12 interest arising as a result of the Service Payment.
Appears in 1 contract
Sources: Class Action Settlement Agreement