Effect of Non-Participating Class Members on Calculation of Individual Class Payments. Non-Participating Class Members will not receive any Individual Class Payments. The Administrator will retain amounts equal to their Individual Class Payments in the Net Settlement Amount for distribution to Participating Class Members on a pro rata basis.
Effect of Non-Participating Class Members on Calculation of Individual Class Payments. Non-Participating Class Members will not receive any Individual Class Payments. The Administrator will retain amounts equal to DocuSign Envelope ID: 7BF4E2F8-D94D-43CA-A2F0-9AC691A792C6 their Individual Class Payments in the Net Settlement Amount for distribution to Participating Class Members on a pro rata basis.
Effect of Non-Participating Class Members on Calculation of Individual Class Payments. Non-Participating Class Members will not receive any Individual Class Payments. The Administrator will retain amounts equal to their Individual Class Payments in the Net Settlement Amount for distribution to Participating Class Members on a pro rata basis. 1 To illustrate by hypothetical, Participating Class Member A and Participating Class Member B worked for Defendant for one year. Participating Class Member A was compensated on a monthly basis (i.e. 12 pay monthly periods). Participating Class Member B was compensated on a bi-weekly basis (i.e. 26 bi-weekly pay periods). Participating Class Member A’s pro-rata portion of the Net Settlement Amount will be equivalent to Participating Class Member B’s pro rata portion of the Net Settlement Amount. Because Participating Class Member A was paid on a monthly basis, their monthly pay periods will be converted to bi-weekly pay periods using the 2.167 multiplier described above. Participating Class Member A’s pay periods for the purposes of calculating their pro rata portion of the Net Settlement Amount will be calculated by multiplying Participating Class Member A’s 12 actual monthly pay periods by 2.167 for a total of 26 bi-weekly pay periods (12 monthly pay periods * 2.167 = 26 bi-weekly pay periods). Participating Class Member B’s pro rata portion of the Net Settlement Amount will be calculated using their actual number of pay periods worked (26 bi-weekly pay periods) because they were already paid on a bi-weekly basis.
