Monetary Relief - $1 Million Common Fund Sample Clauses

Monetary Relief - $1 Million Common Fund. Within thirty (30) days of the 7 Court’s preliminary approval of the Settlement, BetterBody shall provide to a court-approved 8 class action administrator, to place in a qualified settlement fund, $650,000 in cash and 9 $350,000 in gift cards (by electronic redemption code) to cover all fees and expenses 10 associated with final settlement approval by the Court (“Common Fund”). A combination of 11 cash and gift cards, shall be used to pay class member claims. Cash shall be used to pay all 12 other aspects of settlement, including notice, administration, plaintiff’s service award, legal 13 expenses, and attorneys’ fees. If the claims exceed the amount available in the Common Fund 14 to satisfy the claims, the amounts claimed shall be reduced pro rata; if funds remain in the 15 Common Fund after deduction of all other expenses, the remainder shall be donated to an 16 appropriate cy pres recipient.
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