Service Award means any Court ordered payment to Plaintiff for serving as Class Representative, which is in addition to any payment due to Plaintiff as a Settlement Class Member.
Service Award means any award approved by the Court that is payable to the Class Representatives from the Settlement Fund.
Service Award means such funds as may be awarded by the Court to the Representative Plaintiffs for their service as Representative Plaintiffs.
Examples of Service Award in a sentence
Class Counsel and Plaintiffs agree not to seek a Service Award greater than $2,500.
Defendant will pay, or cause to be paid, the Court-approved Service Award within 30 days of the Effective Date by check payable to Class Counsel, or by wire transfer pursuant to wire instructions provided by Class Counsel.
If the Court reduces or disapproves Class Counsel’s Service Award request, that will not be grounds to terminate the Settlement Agreement.
No interest will accrue with respect to the Court-approved Service Award if paid in accordance with the Settlement Agreement.
The Court- approved Service Award will not affect any benefit provided to Class Members, including Plaintiffs’ benefits as achieved through their submission of a valid Claim Form.
More Definitions of Service Award
Service Award means an Award that vests solely based on the passage of time or continued Service over a fixed period of time.
Service Award means an award authorized by the Court to be paid to each Plaintiff in recognition of his/her efforts in prosecuting the Action and obtaining the benefits of the Settlement for the Class Members, such award not to exceed Two Thousand Dollars ($2,000) for each of the Plaintiffs.
Service Award means any approved payment to the Class Representative. FF. “Settlement” means the settlement set forth in this Agreement.
Service Award means a reasonable payment, subject to Court approval, made to a Plaintiff as compensation for his or her efforts in pursuing these Actions.
Service Award means the amount the Parties propose be paid to Plaintiff Xxxxx X. Xxxxx as a service award in recognition of his efforts in prosecuting the Case and in consideration of his general release set forth below in Section VI.2.a., below. Subject to approval by the Superior Court, the amount paid to Plaintiff Xxxxx X. Xxxxx for his service award shall be Ten Thousand Dollars ($10,000.00).
Service Award means the amount to be paid to the Class Representatives to compensate them for the time and effort on behalf of the Class, subject to approval of the Court, and which shall not exceed a total amount of five thousand dollars ($5,000) for both Class Representatives combined.
Service Award means the award sought by each Class Representative in consideration for their service during the course of the Action and subsequently approved by the Court. Any such Service Award is separate and apart from any Settlement Payments the Class Representative may receive as a result of submitting a Claim as a Settlement Class Member.