To Plaintiffs. Plaintiffs will each apply to the Court for an award of no more than $10,000 as the Class Representative Service Payments (totaling $20,000) in addition to the Individual Class Payments to be paid to Plaintiffs. The Administrator will pay the Class Representative Service Payments approved by the Court out of the Gross Settlement Amount. If the Court approves Class Representative Service Payments of less than the amounts requested, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members. To receive the payment, Plaintiffs will agree to a 1542 waiver and a general release of all claims as set forth below. The Class Representative Service Payments are in settlement of claims for interest and for penalties allegedly due, shall not be subject to wage withholdings, and shall be reported on IRS Form 1099. Plaintiffs will be solely responsible for any tax payments associated with the Class Representative Service Payments.
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To Plaintiffs. In addition to the Settlement Shares to be paid to Plaintiffs, Plaintiffs will each apply to the Court for an award of no not more than $10,000 as 5,000 for the Class Representative Service Payments (totaling $20,000) in addition to the Individual Class Payments to be paid to Plaintiffs10,000). The Administrator will pay the Class Representative Service Payments approved by the Court out of the Gross Settlement Amount. If the Court approves Class Representative Service Payments of less than the amounts requested, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members. To receive the payment, Plaintiffs will agree to a 1542 waiver and a general release of all claims as set forth below. The Class Representative Service Payments are in settlement of claims for interest and for penalties allegedly due, due and shall not be subject to wage withholdings, withholdings and shall be reported on IRS Form 1099-MISC form. Plaintiffs will be solely responsible for any tax payments associated with the Class Representative Service Payments.
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