Service Award and Attorneys Fees and Expenses Sample Clauses
The 'Service Award and Attorneys’ Fees and Expenses' clause defines how compensation and reimbursement are handled for individuals who have provided services to the class, such as class representatives, as well as for the attorneys representing the class. Typically, this clause outlines the process for requesting and approving service awards to named plaintiffs and specifies how attorneys’ fees and litigation expenses will be calculated, paid, or distributed, often subject to court approval. Its core function is to ensure transparency and fairness in compensating those who contributed to the case and to clarify the financial arrangements, thereby preventing disputes over payments.
Service Award and Attorneys Fees and Expenses. 4 9.1 After an agreement had been reached as to the essential terms of a 6 of a service award to the Representative Plaintiffs. The Representative Plaintiffs shall 7 seek, and ▇▇▇▇▇▇▇▇▇ agrees to pay, a service award not to exceed $1,500.00 to each 8 of the Representative Plaintiffs -- ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 9 and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ -- subject to Court approval. Defendant shall pay the service 10 award separate and apart from any other sums agreed to under this Settlement 11 Agreement. If the Court approves a lesser service award, Defendant will be 12 responsible to pay only the approved amount. Representative Plaintiffs shall provide 13 properly executed tax reporting forms prior to payment.
14 9.2 After an agreement has been reached as to the essential terms of a 16 application by attorneys for the Settlement Class for an award of attorneys’ fees and 17 litigation costs not to exceed $300,000.00. Defendant shall pay the attorneys’ fees 18 and litigation costs award amount separate and apart from any other sums agreed to 19 under this term sheet. If the Court approves a lesser award of attorneys’ fees and 20 litigation costs, Defendant will be responsible to pay only the approved amount. 21 Class Counsel shall provide properly executed tax reporting forms prior to payment.
22 9.3 Defendant shall pay the attorneys’ fees and expenses and service awards 23 awarded by the Court to ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, A Professional Corp., ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 24 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ PLLC, and Siri & Glimstad LLP within fourteen (14) days 25 after the Effective Date or within fourteen (14) days of Class Counsel providing 26 properly executed tax reporting forms, whichever is later. The attorneys’ fees and 27 expenses award will be allocated among Proposed Settlement Class Counsel by M.
Service Award and Attorneys Fees and Expenses. 4 9.1 After an agreement had been reached as to the essential terms of a 6 service award to the Representative Plaintiffs. Subject to Court approval, the 7 Representative Plaintiffs shall seek, and Defendant agrees to pay out of the 8 Settlement Fund, a total service award amount, not to exceed $61,000 to be allocated 9 between the Representative Plaintiffs. The Claims Administrator shall, from the 10 Settlement Fund, pay the service awards approved by the Court up to the agreed 11 maximum.
12 9.2 After an agreement had been reached as to the essential terms of a 14 Plaintiff’s attorneys’ fees and litigation expenses. Plaintiffs shall seek an award of 15 combined attorneys’ fees and costs not to exceed one-third of the Settlement Fund.
Service Award and Attorneys Fees and Expenses. In recognition of the time and effort Plaintiff expended in pursuing this action and in fulfilling her obligations and responsibilities as Class Representative, and because of the benefits conferred on the Class, Class Representative, by and through Class Counsel, shall request the Court to award the payment of a Service Award, to be paid from the Maximum Settlement Fund, in an amount not to exceed five thousand dollars ($5,000.00). Defendant has agreed to take no position as to the entitlement to, or the amount of, the Service Award to Class Representative so long as the request does not exceed five thousand dollars ($5,000.00).
Service Award and Attorneys Fees and Expenses