Monetary Award Sample Clauses

Monetary Award. Any grievance decided against Employer which requires payment of a monetary award shall be paid within thirty days of the date of the award unless it is not provided for in Employer's fiscal year

Monetary Award. An award in which the recognition device is a cash payment that does not increase the employee’s rate of basic pay.

Monetary Award. A settlement payment will be made to each eligible Settlement Class Member by the Settlement Administrator from the Net Settlement Fund. The monetary award available for each Settlement Class Member will be calculated by the Settlement Administrator based on an assignment of points to each Settlement Class Member according to the Settlement Class Member’s length of tenure (e.g., weeks worked) between November 23, 2016 and the date of the Preliminary Approval Order as an FA, FSA, or PMD/FADP. Fifty percent (50%) of the Net Settlement Fund shall be allocated to Settlement Class Members who worked as an FA during the Class Period. Fifty percent (50%) of the Net Settlement Fund shall be allocated to Settlement Class Members who worked as an FSA or PMD/FADP during the Class Period. (1) Tenure points shall be allocated based on workweeks worked between November 23, 2016 and the date of the Preliminary Approval Order. (2) The Settlement Administrator will total the points attributable to each Settlement Class Member between November 23, 2016 and the date of the Preliminary Approval Order and divide each Settlement Class Member’s points by the total points to obtain the Settlement Class Member’s share of the Net Settlement Fund. The Settlement Administrator will multiply each Settlement Class Member’s share by the Net Settlement Fund to determine the Allocated Settlement Amount. (3) Weeks are based on calendar weeks in the year, and Settlement Class Members will receive credit for the week if the Settlement Class Member was employed as an FA, PMD/FADP, or FSA for any part of that week, including if the Settlement Class Member was out on leave, or using sick or vacation days during the week. (4) The Settlement Administrator’s determination shall be final. Defendants, Counsel for Defendants, and Class Counsel shall have no responsibility, and may not be held liable, for any determination reached by the Settlement Administrator.

Monetary Award. A pro rata settlement payment from the Net Settlement Fund will be made to each LOP Non-Occupant Class Member who timely submits a claim that is approved by the Settlement Administrator from the Net Settlement Fund. If more than one claim is submitted on the same LOP, such claims, to the extent approved for payment, shall be divided among each such claimant. For example if a Primary LOP Non-Occupant Class Member and a Secondary LOP Non-Occupant Class Member on the same LOP each return a claim form, the per- transaction amount will be divided in half, with half of the per-transaction amount to each of them.

Monetary Award. A payment of One Thousand Nine Hundred and Fifty Dollars and No/100 Cents ($1,950.00) will be made to Tier Two Class Members, whether or not the individual qualifies for instatement.

Monetary Award. The proposed settlement obligates the defendant to pay a potential maximum settlement amount (called the “Potential Maximum Consideration” in the Agreement) of One Hundred Twenty Million Dollars ($120,000,000). This payment is “all inclusive,” including, but not limited to, unpaid overtime pay, pay for meal and rest break violations, any and all associated penalties, interest, employer tax contributions, costs, attorneys’ fees, class administration costs, referee costs, incentive payments to the named plaintiffs, etc. These settlement proceeds will be paid to Class Members as described in Section VI later in this Notice.

Monetary Award. A payment of Two Hundred and Fifty Dollars and No/100 Cents ($250.00) will be made to Tier One Class Members. Tier One Class Members who were not eligible for hire because they are disqualified under the Approved Background Check Policy are not required to file a claim with the Settlement Administrator seeking compensation.

Monetary Award. A payment of Two Thousand Three Hundred and Fifty Dollars and No/100 Cents ($2,350.00) will be made to Tier Three Class Members.

Monetary Award. $1,000 per year will be set aside by the District for this award. If there is no one selected, the money will be carried over. Whatever the amount in the budget, it can only be divided up to five in any one year.