Payments to Plaintiffs Sample Clauses

Payments to Plaintiffs. In consideration of the complete execution of this Agreement by the Parties, and the covenants and promises in this Agreement, Defendant will, as further provided in this Agreement, pay or cause to be paid the Settlement Sum. Settling Plaintiffs agree to accept the Settlement Sum in full settlement, accord and satisfaction of the released claims as described in paragraph 4, above. Within fourteen (14) days of the Approval Date or the complete execution of this Agreement by all of the Plaintiffs, whichever occurs later, Defendant will issue to each Plaintiff who has signed this Agreement a check in the amount of his Payout Amount. This check will not be subject to any deductions for, inter alia, payroll taxes and other withholdings. Defendant will promptly deliver these checks to Plaintiffs’ Counsel for distribution to Plaintiffs. Defendant also will issue to each Plaintiff an IRS 1099 Form reflecting his Payout Amount and an IRS 1099 Form reflecting his pro rata portion of the counsel fees and expenses approved by the Court. These IRS 1099 Forms will be mailed directly from Defendant to each Plaintiff at the addresses provided by Plaintiffs’ Counsel. Plaintiffs agree to provide counsel for Defendant with completed IRS Forms W-9 on or before the date of execution of this Agreement. Plaintiffs’ are solely responsible for the payment of any taxes associated with these payments. No portion of the payments is attributable to exemplary or punitive damages although a release of all such claims in the Action is included in this Agreement in consideration of the other promises and covenants in this Agreement. No representation has been made to Plaintiffs or their attorneys by Defendant regarding the taxability of the Settlement Sum. Each Settling Plaintiff agrees and represents that he is solely responsible for all of his income tax reporting, accounting, payment, or other disposition or obligations related to the Settlement Sum. Settling Plaintiffs agree to indemnify and hold harmless all Released Parties and Plaintiffs’ counsel from any claim or taxes relating to the Settlement Sum.
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Payments to Plaintiffs. Defendant shall issue a check payable to the order of Xxxxxxxx Xxxxxxxx in the amount of $6,000 within five (5) business days of the execution of this settlement agreement (“Xxxxxxxx Check”). The Xxxxxxxx Check shall be delivered to her counsel Xxxxxx Xxxxxx and Plaintiffs agree that delivery of the Xxxxxxxx Check to Xxxxxx Xxxxxx shall constitute deliver to Xxxxxxxx. Defendant shall issue a check payable to the order of Xxxxxx Xxxxxxxxxx in the amount of $6,000 within five (5) business days of the execution of this settlement agreement (“Xxxxxxxxxx Check”). The Xxxxxxxxxx Check shall be delivered to his counsel Xxxxxx Xxxxxx and Plaintiffs agree that delivery of the Xxxxxxxxxx Check to Xxxxxx Xxxxxx shall constitute deliver to Xxxxxxxxxx.
Sample 1
Payments to Plaintiffs. 3.1 Within thirty (30) days of the Approval Date, Defendant shall mail to Class Counsel payroll checks made payable to each Plaintiff and equaling his/her Payment Amount, less applicable taxes, withholdings, and deductions normally withheld by Defendant pursuant to its ordinary payroll practices. Such withheld taxes, withholdings, and deductions shall not include payments (such as, for example, worker’s compensation insurance premiums, unemployment taxes, and Defendant’s share of social security taxes) that ordinarily are borne by Defendant. At the close of the 2011 tax year, Defendant shall issue to each Plaintiff an IRS Form W-2 reflecting his/her settlement payment, and, absent further instruction from Class Counsel, the W-2 Form shall be mailed directly to each Plaintiff. For those Plaintiffs currently employed by Defendant at the end of the 2011 tax year, the W-2 Forms shall be mailed to the Plaintiff’s current address, as reflected in Defendant’s personnel records. For those Plaintiffs no‌ longer employed by Defendant at the end of the 2011 tax year, the W-2 Forms shall be mailed to an address list to be provided by Class Counsel within sixty (60) days of the Approval Date.‌
Sample 1
Payments to Plaintiffs. Separate and apart from the Settlement Fund, Xxxxx will 2 pay $1,000.00 to Xx. Xxxxxxxxxx and $1,000.00 to Xx. Xxxxxx pursuant to 15 U.S.C. § 3 1692k(a)(2)(B)(i). Plaintiffs will not seek an incentive award for their service to the Class. The 4 amounts to Xx. Xxxxxxxxxx and Xx. Xxxxxx will be paid by Xxxxx within 15 days after the Effective 5 Date.
Sample 1

Related to Payments to Plaintiffs

  • Payments to Settlement Class Members (a) Defendant shall pay into the Escrow Account the amount of the Settlement Fund ($1,000,000.00), specified in Paragraph 1.33 of this Agreement, within sixty (60) days after Final Approval.

  • Disbursements to Contractors to Pay Costs of the Project The Recipient shall require that as work on the Project and as specified in its contract is performed a Contractor shall promptly submit a detailed project specific invoice to the Project Manager. Within three (3) Business Days following receipt of such invoice from a Contractor, the Project Manager shall review the invoice and, if found to be accurate, shall so certify in writing, forwarding such certification together with a copy of the invoice to the Chief Fiscal Officer. Within five (5) Business Days following receipt of such invoice and certification from the Project Manager, the Chief Fiscal Officer shall conduct such reviews as he considers appropriate and, if he approves such invoice, shall submit to the Director a Disbursement Request together with the information and certifications required by this Section 6(b). The dollar amount set forth in the Disbursement Request shall be calculated based on the Participation Percentage as set forth originally in Appendix D of this Agreement or as may be adjusted from time to time to account for changed conditions in the project financing scheme. Within five (5) Business Days following receipt of the Disbursement Request and all required information and certifications, the Director shall, if such items are deemed by the Director to be accurate and completed, initiate a voucher in accordance with applicable State requirements for the payment of the amount set forth in the Disbursement Request. Upon receipt of a warrant from the Auditor of State drawn in connection with a voucher initiated in accordance with the terms of the preceding sentence, the Director shall forward it by regular first class United States mail or electronic funds transfer, to the contractor or other authorized recipient designated in the Disbursement Request. Prior to any disbursement from the Fund, the following documents shall be submitted to the Director by the Recipient:

  • PAYMENTS TO CONTRACTOR (a) Payments to Contractor will be made on a monthly basis and within thirty (30) days from receipt of a correct invoice or billing statement in accordance with the Texas Government Code, Chapter 2251, known as the Texas Prompt Payment Act. An invoice is considered received on the date it is date stamped by TFC. Contractor will be paid for completion of work accepted and approved by TFC’s Contract Administrator.

  • Overpayments to Contractor Contractor shall refund to Participating/Purchasing Entity the full amount of any erroneous payment or overpayment under this Master Agreement within thirty (30) days’ written notice. If Contractor fails to make timely refund, Purchaser may charge Contractor one percent (1.5%) per month on the amount due, until paid in full.

  • PAYMENTS TO CONSULTANT 5.1 The total compensation for Consultant’s performance of the Services shall not exceed the amount of Seventy Thousand Dollars ($70,000). City shall pay Consultant on a time and materials basis up to the not to exceed amount, and based upon the hourly rates shown in Exhibit “B,” entitled “Rate Schedule.” Exhibit “B” is attached hereto and incorporated herein by this reference.

  • Payments to Third Parties Grantee agrees to hold harmless Grantor when Grantor acts in good faith to redirect all or a portion of any Grantee payment to a third party. Grantor will be deemed to have acted in good faith if it is in possession of information that indicates Grantee authorized Grantor to intercept or redirect payments to a third party or when so ordered by a court of competent jurisdiction.

  • Payments to Subcontractors Develop and implement a procedure for the review, processing and payment of applications by subcontractors for progress and final payments.

  • Coverage F – Medical Payments To Others We will pay the necessary medical expenses that are incurred or medically ascertained within three years from the date of an accident causing "bodily injury". Medical expenses means reasonable charges for medical, surgical, x-ray, dental, ambulance, hospital, professional nursing, prosthetic devices and funeral services. This coverage does not apply to you or regular residents of your household except "residence employees". As to others, this coverage applies only:

  • Rollovers of Settlement Payments From Bankrupt Airlines If you are a qualified airline employee who has received a qualified airline settlement payment from a commercial airline carrier under the approval of an order of a federal bankruptcy court, you are allowed to roll over up to 90 percent of the proceeds to your Traditional IRA, within 180 days after receipt of such amount, or by a later date if extended by federal law. If you make such a rollover contribution, you may exclude the amount rolled over from your gross income in the taxable year in which the airline settlement payment was paid to you. If you are a qualified airline employee who has received a qualified airline settlement payment from a commercial airline carrier under the approval of an order of a federal bankruptcy court in a case filed after September 11, 2001, and before January 1, 2007, you are allowed to roll over any portion of the proceeds into your Xxxx XXX within 180 days after receipt of such amount, or by a later date if extended by federal law. For further detailed information and effective dates you may obtain IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

  • Adjustments to Fees Notwithstanding any of the fee limitations set forth in this Article 6, commencing upon the expiration of the first year of this Agreement, and upon the expiration of each year thereafter during the Term, the then-­‐current fees set forth in Section 6.1 and Section 6.3 may be adjusted, at ICANN’s discretion, by a percentage equal to the percentage change, if any, in (i) the Consumer Price Index for All Urban Consumers, U.S. City Average (1982-­‐1984 = 100) published by the United States Department of Labor, Bureau of Labor Statistics, or any successor index (the “CPI”) for the month which is one

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