Common use of Class Representative Service Award Clause in Contracts

Class Representative Service Award. Defendant will not object to a request for a Class Representative Service Award of up to Five Thousand Dollars and Zero Cents ($5,000.00) to Plaintiff for his time and risk in prosecuting this case, his service to the Settlement Class, his general release of all claims against Defendant, and waiver under section 1542 of the Civil Code. This award will be in addition to Plaintiff’s Settlement Award as a Settlement Class member and shall be reported on an IRS Form 1099 issued by the Settlement Administrator.

Appears in 1 contract

Sources: Settlement Agreement

Class Representative Service Award. Defendant will not object to a request for a Class Representative Service Award of up to Five Thousand Dollars and Zero Cents ($5,000.00) to Plaintiff for his time and risk in prosecuting this case, his service to the Settlement Class, his general release of all claims against Defendant, and his waiver under section 1542 of the Civil Code. This award will be in addition to Plaintiff’s Settlement Award as a Settlement Class member and shall be reported on an IRS Form 1099 issued by the Settlement Administrator.

Appears in 1 contract

Sources: Settlement Agreement