EIF Settlement Option Sample Clauses
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EIF Settlement Option. Option Two, the EIF Option, is established as a means to provide supplemental compensation, in addition to the compensation under the Standard Settlement Option, for those claimants eligible to participate in the EIF Option per Section 3.2.3, where the ECs have incurred specified, unique, or extraordinary injuries in connection with their Qualified Revision Surgery or Covered Re-Revision Surgery, as defined below. The ECs who seek to participate under the EIF Option and whose tabbed and highlighted medical records information, submitted with their Proof of Claim (per Section 4), demonstrate to a reasonable degree of medical probability that the EC is entitled to compensation under the EIF Option, may receive an enhanced award. The ECs bear the burden of proof in establishing that they qualify for compensation under the EIF Option. Should it be determined that an EC had no reasonable basis to seek compensation under the EIF Option, a $5,000.00 reduction, to cover administration costs, will be assessed to reduce any amount otherwise available to that EC under this Third Settlement Agreement.
EIF Settlement Option. Option Two, the EIF Option, is established as a means to provide supplemental compensation, in addition to the compensation under the Standard Settlement Option of $170,000.00 for each CONSERVE® Claim or $120,000.00 for each DYNASTY® or LINEAGE® Claim, to ECs who have incurred specified, unique, or extraordinary injuries in connection with their Qualified Revision Surgery or Covered Re-Revision Surgery, as defined below. ECs who seek to participate under the EIF Option and whose tabbed and highlighted medical records information, submitted with their Proof of Claim (per Section 4) demonstrate to a reasonable degree of medical probability that the EC is entitled to an award under the EIF Option, may receive an enhanced award. ECs bear the burden of proof in establishing that they qualify for an award under the EIF Option. Should it be determined that an EC had no reasonable basis to seek an award under the EIF Option, a $5,000 reduction, to cover administration costs, will be assessed to reduce any amount otherwise available to that EC under this Settlement Agreement.
EIF Settlement Option. Option Two, the EIF Option, is established as a means to provide supplemental compensation (“EIF Compensation”), in addition to the compensation under the Standard Settlement Option to ECs who have incurred specified, unique, or extraordinary injuries in connection with their Qualified Revision Surgery or Covered Re-Revision Surgery, as defined below. ECs who seek to participate under the EIF Option and Table of Contents whose tabbed and highlighted medical records information, submitted with their Proof of Claim (per Section 4), demonstrate to a reasonable degree of medical probability that the EC is entitled to compensation under the EIF Option, may receive an enhanced award. ECs bear the burden of proof in establishing that they qualify for compensation under the EIF Option. Should it be determined that an EC had no reasonable basis to seek compensation under the EIF Option, a $5,000 reduction, to cover administration costs, will be assessed to reduce any amount otherwise available to that EC under this Settlement Agreement.