Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET be separately responsible or liable for any fees or expenses of the Claims Administrator.
Appears in 2 contracts
Samples: Settlement Agreement (Kemet Corp), Settlement Agreement
Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET Taitsu be separately responsible or liable for any fees or expenses of the Claims Administrator.
Appears in 1 contract
Samples: Settlement Agreement
Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET AVX be separately responsible or liable for any fees or expenses of the Claims Administrator.
Appears in 1 contract
Samples: Settlement Agreement (AVX Corp)
Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET Matsuo be separately responsible or liable for any fees or expenses of the Claims Administrator.
Appears in 1 contract
Samples: Settlement Agreement
Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET Shinyei be separately responsible or liable for any fees or expenses of the Claims Administrator.
Appears in 1 contract
Samples: Settlement Agreement