Class Representative Service Payment definition

Class Representative Service Payment means the payment to the Class Representative for initiating the Action and providing services in support of the Action.

Class Representative Service Payment means the payment to the Class Representative

Class Representative Service Payment means the service payment made to each of the Plaintiffs in their capacity as Class Representative in order to compensate them for initiating the Actions, performing work in support of the Actions, undertaking the risk of liability for Defendant’s expenses in the event Plaintiffs were unsuccessful in the prosecution of the Actions, and for the general release of all claims by the Plaintiffs.

Examples of Class Representative Service Payment in a sentence

• The Settlement Administrator shall pay any Class Representative Service Payment no later than seven calendar days of the funding of the Settlement Fund in accordance with Section 7.1 above, and shall issue an IRS Form 1099 to Plaintiff.

• If the Court does not approve Class Counsel’s fees requested in the Motion for Class Counsel Fees and Class Representative Service Payment, or approves only a lesser amount than that requested, then the other terms of this Agreement shall remain in effect.

• The request for approval of such amount shall be made in the Motion for Class Counsel Fees and Class Representative Service Payment.

• If the Court does not approve a Class Representative Service Payment or approves only a lesser amount than that requested, then the other terms of this Agreement shall remain in effect.

• Plaintiff shall be solely responsible for paying all applicable taxes on any Class Representative Service Payment and shall indemnify and hold harmless Defendant and the Released Parties from any claim or liability for taxes, penalties, or interest arising as a result of the Class Representative Service Payment.

More Definitions of Class Representative Service Payment

Class Representative Service Payment means the amount awarded by the Court to Plaintiff for serving as the representative of the Settlement Class.

Class Representative Service Payment means the up to $10,000 to the named Class Representative for initiating and prosecuting the Action.

Class Representative Service Payment means the amount that the Court

Class Representative Service Payment refers to any payment the Court approves as payment to the Class Representative for his service, in accordance with Section 7.4 below.

Class Representative Service Payment means the special payment awarded by the Superior Court to Named Plaintiff Xxxxxxx Xxxxxx in her capacity as Class Representative to compensate her for initiating the Action, performing work in support of the Action, representing the interests of the Class Members, and undertaking the risk of liability for attorneys’ fees and expenses in the event she was unsuccessful in the prosecution of the Action, in an amount not to exceed $15,000 (Fifteen Thousand Dollars). Payment of the Class Representative Service Award shall be conditioned upon the execution of the Class Representative of a General Release in the form attached hereto as Exhibit 3.

Class Representative Service Payment. For acting as the Class Representative, Plaintiff will request from the Court an award of $7,500.00 in recognition of and as compensation for her efforts, such as starting the Lawsuit, volunteering time to assist with the case, and providing information and documents, as well as risks she assumed in starting and assisting with the prosecution of the Lawsuit. Any amount ordered by the Court will be paid from the Gross Settlement Amount.

Class Representative Service Payment means the amount to be paid