Calculation of Allocation Clause Samples
The 'Calculation of Allocation' clause defines the method and criteria by which resources, costs, profits, or other specified items are distributed among parties under an agreement. Typically, this clause outlines the formula, percentages, or factors used to determine each party's share, and may specify the timing and process for making these calculations, such as monthly reconciliations or annual reviews. Its core practical function is to ensure transparency and fairness in the division of shared interests, thereby minimizing disputes and providing a clear framework for financial or resource allocation.
Calculation of Allocation. A. As soon as administratively feasible after the Settlement becomes final in accordance with the terms of the Settlement Agreement, the Settlement Administrator shall calculate the share of the Net Proceeds for each Member according to the following methodology:
B. For each Member, the Settlement Administrator shall determine a net loss (“Net Loss”) as follows:
1. Net Loss =(A+B)-(C+D), where, for each Member’s Plan Account:
2. A = the total dollar value of his or her Plan Account balance in the Xerox Stock Fund at the beginning of the Allocation Period;
Calculation of Allocation. A. For each Participant, the Settlement Administrator shall determine the approximate alleged net loss (“Net Loss”): Net Loss = A + B – C – D, where, for each Participant’s account:
1. A = the dollar value, if any, of the balance in the Avon Stock Fund on the first day of the Settlement Class Period;