Class Representative Compensation Clause Samples
Class Representative Compensation. Subject to the Court’s approval, a one- time lump sum payment or incentive award of no more than $2,500 shall be paid to the Class Representative ▇▇▇▇▇▇ ▇▇▇ from the Settlement Fund for her efforts on behalf of the Class, in addition to any distribution or payment that she may receive by virtue of her status as one of the Settlement Class Members.
Class Representative Compensation. Class Counsel may apply to the Court for a one-time lump sum payment or incentive award of no more than $10,000 to each of the Named Class Representatives for their efforts on behalf of the Class.1 Any such award shall be paid solely from the Settlement Payment and is in addition to any distribution or payment that a Named Class Representative may receive by virtue of their status as one of the Class Members. If the trial court or appellate court denies or reduces any request for a Named Class Representative incentive award, such denial or reduction shall not provide a basis for the termination of this Agreement, and this Agreement is not contingent upon any incentive award to the Named Class Representatives.
Class Representative Compensation. In addition to the benefits of the Class Members above, the Class Representative shall receive the sum of Ten Thousand Dollars ($10,000.00) from the Settlement Fund, as and for an incentive award to the Class Representative (“Incentive Award”). The Class Representative must provide a form W-9 prior to having the Incentive Award processed and issued.