Class Representative Payment Clause Samples
The Class Representative Payment clause defines the compensation or incentive awarded to the individual(s) who serve as class representatives in a class action lawsuit. Typically, this payment is provided in recognition of the time, effort, and potential risks undertaken by the representative in pursuing the case on behalf of the class, and is subject to court approval. Its core practical function is to encourage individuals to take on the responsibilities of representing a larger group, thereby facilitating the effective prosecution of class actions and ensuring that the interests of all class members are adequately represented.
Class Representative Payment. No later than thirty-five (35) days prior to the Opt- Out/Objection Deadline, Plaintiffs shall apply to the Court for a Service Award in an amount not to exceed $5,000 each (for a total of $15,000), subject to approval by the Court, as compensation for (a) the work they performed to represent the class, and (b) the general release set forth in Section 7.1.
Class Representative Payment. No later than forty-two (42) days prior to the initially scheduled hearing on Final Approval, each Class Representative – i.e.
Class Representative Payment. No later than thirty (30) days prior to the initially scheduled hearing on Final Approval, the Class Representatives may additionally apply to the Court for an Incentive Award from Defendant of $3,571.42 each (for a total of approximately $25,000) as compensation for (a) the time and effort undertaken in and risks of pursuing the Litigation, including the risk of liability for the Parties’ costs of suit, and (b) the general release set forth in Section 7.1.
Class Representative Payment. Class Counsel shall apply to the Court for an enhancement award for ▇▇▇▇ Ridge in the amount of $10,000, which Horizon agrees not to oppose, to be paid within thirty (30) days after the Effective Date. Horizon shall pay the amount awarded by the Court, not exceeding such unopposed amount.
Class Representative Payment. In addition to their Settlement Shares as Class Members, Plaintiffs will apply to the Court for Class Representative Service Payments from the Total Settlement Amount of not more than $7,500 for ▇▇▇▇▇ ▇▇▇▇▇▇▇ and $7,500 for Jewel ▇▇▇▇▇▇ Key, in consideration of their initiating and pursuing the Action, undertaking the risk of liability for attorneys’ fees and expenses in the event she was unsuccessful in the prosecution of the Action, and granting the general release they are granting as part of the Settlement. These payments, which will be paid in addition to Plaintiffs’ Settlement Shares, will be made out of the Total Settlement Amount.
Class Representative Payment. Class Counsel shall apply to the Court for an award for the Class Representative in the Lawsuit in the amount of $2,500, which shall be paid out of the $9,500 settlement fund and which Defendant agrees not to oppose. Defendant shall pay the amount awarded by the Court, not exceeding such unopposed amount. This payment shall be made no later than thirty (30) days after the Effective Date.
Class Representative Payment. In addition to his Settlement Share as a Class Member, each Plaintiff will seek approval from the Court for a payment of $750.00 in consideration of her initiating and pursuing the Action, undertaking the risk of liability for attorneys’ fees and expenses in the event she was unsuccessful in the prosecution of the Action, and granting the general release she is granting as part of the Settlement. This payment, which will be paid in addition to his Settlement Share, will be made out of the Maximum Settlement Amount.