Common use of Nominee Procedures Clause in Contracts

Nominee Procedures. Brokers and other nominees who purchased or otherwise acquired ZBH Securities during the Settlement Class Period for the benefit of another person or entity shall: (a) within seven (7) calendar days of receipt of the Notice, request from the Claims Administrator sufficient copies of the Notice Packet to forward to all such beneficial owners and within seven (7) calendar days of receipt of those Notice Packets forward them to all such beneficial owners; or (b) within seven (7) calendar days of receipt of the Notice, send a list of the names and addresses of all such beneficial owners to the Claims Administrator in which event the Claims Administrator shall promptly mail the Notice Packet to such beneficial owners. Upon full compliance with this Order, such nominees may seek reimbursement of their reasonable expenses actually incurred in complying with this Order, up to a maximum of $0.50 per Notice Packet if the Notice Packet is mailed by the broker or nominee; or $0.05 per Notice Packet transmitted by email by the broker or nominee; or $0.10 per name, mailing address, and email address (to the extent available), by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with the terms of this Order shall be paid from the Settlement Fund, with any disputes as to the reasonableness or documentation of expenses incurred subject to review by the Court.

Appears in 2 contracts

Samples: securities.stanford.edu, www.zimmerbiometsecuritieslitigation.com

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Nominee Procedures. Brokers and other nominees who purchased or otherwise acquired ZBH Securities during the Settlement Class Period purchased: (i) common stock of HRG from January 26, 2017 to July 13, 2018; (ii) common stock of Old Spectrum from January 26, 2017 to July 13, 2018; and (iii) common stock of Spectrum from July 13, 2018 to November 19, 2018 for the benefit of another person or entity shall: (a) within seven (7) calendar days of receipt of the Notice, request from the Claims Administrator sufficient copies of the Notice Packet to forward to all such beneficial owners owners, and within seven (7) calendar days of receipt of those Notice Packets forward them to all such beneficial owners; or (b) within seven (7) calendar days of receipt of the Notice, send a list of the names and addresses names, mailing addresses, and, if available, email addresses, of all such beneficial owners to the Claims Administrator in which event the Claims Administrator shall promptly mail or email the Notice Packet to such beneficial owners. Upon full compliance with this Order, such nominees may seek reimbursement payment of their reasonable expenses actually incurred in complying with this Order, up to a maximum of $0.50 per Notice Packet if the Notice Packet is mailed by the broker or nominee; or $0.05 per Notice Packet transmitted by email by the broker or nominee; or $0.10 per name, mailing address, and email address (to the extent available), Order by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with the terms of this Order shall be paid from the Settlement Fund, with any disputes as to the reasonableness or documentation of expenses incurred subject to review by the Court.

Appears in 1 contract

Samples: Stipulation and Agreement of Settlement

Nominee Procedures. Brokers and other nominees who purchased or otherwise acquired ZBH Securities Groupon common stock during the Settlement Class Period for the benefit of another person or entity shall: shall (a) within seven (7) calendar days of receipt of the Notice, request from the Claims Administrator sufficient copies of the Notice Packet to forward to all such beneficial owners and within seven (7) calendar days of receipt of those Notice Packets forward them to all such beneficial owners; or (b) within seven (7) calendar days of receipt of the Notice, send a list of the names and addresses of all such beneficial owners to the Claims Administrator in which event the Claims Administrator shall promptly mail the Notice Packet to such beneficial owners. Upon full compliance with this Orderthese directions, such nominees may seek reimbursement of their reasonable expenses actually incurred in complying with this Orderincurred, up to a maximum of $0.50 per Notice Packet if the Notice Packet is mailed by the broker or nomineemailed; or $0.05 per Notice Packet transmitted by email by the broker or nomineeemail; or $0.10 per name, mailing address, and email address (to the extent available)) provided to the Claims Administrator, by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with the terms of this Order shall be paid from the Settlement Fund, with any disputes as to the reasonableness or documentation of expenses incurred subject to review by the Court.

Appears in 1 contract

Samples: www.grouponsecuritiessettlement.com

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Nominee Procedures. Brokers and other nominees who purchased or otherwise acquired ZBH Securities Santander common stock during the Settlement Class Period for the benefit of another person or entity shall: shall (a) within seven (7) calendar days of receipt of the Postcard Notice, request from the Claims Administrator sufficient copies of the Postcard Notice Packet to forward to all such beneficial owners and within seven (7) calendar days of receipt of those Notice Packets Postcard Notices forward them to all such beneficial owners; or (b) within seven (7) calendar days of receipt of the Postcard Notice, send a list of the names and addresses of all such beneficial owners to the Claims Administrator in which event the Claims Administrator shall promptly mail the Postcard Notice Packet to such beneficial owners. Upon full compliance with this Order, such nominees may seek reimbursement of their reasonable expenses actually incurred in complying with this Order, up to a maximum of $0.50 per Notice Packet if the Notice Packet is mailed by the broker or nominee; or $0.05 per Notice Packet transmitted by email by the broker or nominee; or $0.10 per name, mailing address, and email address (to the extent available), Order by providing the Claims Administrator with proper documentation supporting the expenses for which reimbursement is sought. Such properly documented expenses incurred by nominees in compliance with the terms of this Order shall be paid from the Settlement Fund, with any disputes as to the reasonableness or documentation of expenses incurred subject to review by the Court.

Appears in 1 contract

Samples: Stipulation and Agreement

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