Distribution of the Allocated Amounts Sample Clauses
Distribution of the Allocated Amounts. A. As soon as administratively feasible after calculating each Member’s Final Dollar Recovery pursuant to section II, supra, Co-Lead Counsel shall direct the Financial Institution to disburse the Net Proceeds to the master trust for the Plans for allocation to the Members in accordance with this Plan of Allocation; such disbursement shall be in accordance with wire transfer instructions to be provided by Xerox or the Trustee.
B. The Final Dollar Recoveries of the Current Plan Participants shall be allocated to each Member’s Plan account in their respective Plan and allocated to the Income Fund investment option, or the successor thereto, and administered thereafter for all purposes in accordance with that Plan.
C. The aggregate Final Dollar Recoveries of the Former Plan Participants in the respective Plans shall be invested in a money market fund that invests primarily in United States treasury instruments, pending allocation to the Former Plan Participants. The deposited amount, plus interest, shall then be allocated as soon as is practical to the Plan accounts established for the Former Plan Participants in their respective Plans and allocated to the Income Fund investment option, or the successor thereto, and administered thereafter for all purposes in accordance with the Plan. CLASS ACTION SETTLEMENT AGREEMENT (PLAN OF ALLOCATION)
Distribution of the Allocated Amounts. A. As soon as practicable after the calculations pursuant to Section II above, the Settlement Administrator shall distribute to each such Settlement Class Member his or her or Final Dollar Recovery, less any expenses or charges approved by the Court, via check directly to the eligible Settlement Class Member. Distribution of the Net Settlement Fund to Settlement Class Members shall be completed by the Settlement Administrator as soon as reasonably practicable after allocation and distribution of the Net Settlement Fund from the Escrow Account.
B. If after six (6) months following distribution of the Net Settlement Fund, any funds remain in the Settlement Fund due to uncashed checks, after reasonable efforts to redistribute such funds (including reallocation of the remaining funds to Settlement Class Members who did cash their checks) have been undertaken, the Settlement Administrator, under the direction of Co-Lead Class Counsel, is authorized, after deduction of reasonable costs and expenses, to donate such funds to non-profit organizations with a housing-focused mission selected by Co-Lead Class Counsel.