Service Award to Class Representatives. 6.1 At least fourteen (14) days prior to the hearing on Final Approval, Class Representatives may apply to the Court for a Service Award up to two thousand dollars ($2,000.00) to each Class Representative, not to exceed six thousand dollars ($6,000.00) total, as compensation for (a) the time and effort undertaken in and risks of pursuing this Litigation, including the risk of liability for the Parties’ costs of suit, and (b) the general release set forth in Section 9 herein. Such Service Award shall be deducted from the Claimant and Notice Fund, in accordance with Section 3.1.1. Within seven (7) days after the Effective Date, any Court-approved Service Award shall be caused to be paid by the Claim Administrator from the Claimant and Notice Fund as part of the claims process.
Service Award to Class Representatives. Class Counsel will ask the Court to award the Class Representative a service award in the amount of $7,500.00 to compensate him for his service and extra work provided on behalf of the Settlement Class members.
Service Award to Class Representatives. Each of the five Class Representatives shall receive $7,500 for their efforts on behalf of the class over more than two years of litigation. This compensation shall be in addition to amounts paid under subparagraphs (a) and (b), as may be applicable to each individual class representative.
Service Award to Class Representatives. The Court will determine any service award to the Class Representatives for their time, effort and diligence in prosecuting the case (the “Service Award”). If the Court approves a Service Award, it will be paid from the Settlement Fund. 2 Towns agrees not to oppose (or solicit others to oppose) an application by the Class Representatives for a Service Award not to exceed $7,500 for Plaintiff Xxxxxxx, and $5,000 for Plaintiff Xxxxxx. Class Counsel shall provide to the Claims Administrator a Form W-9 completed by Plaintiffs by 14 days after the Effective Date. In the event the Court approves a Service Award, the Claims Administrator shall make any such payment in the form of two checks, made payable, respectively, to “Xxxxxxx Xxxxxxx” and “Xxxx Xxxxxx”, and delivered to Class Counsel within 21 days after the Effective Date and after Plaintiffs have provided the Claims Administrator with a complete and valid Form W-9.
Service Award to Class Representatives. The Court shall determine any amounts awarded to the Plaintiffs as service awards. Defendants do not endorse the following amounts, but agree not to oppose Plaintiffs’ request for service awards of up to $10,000 for each Plaintiff. Within ten (10) days of the Defendants’ payment of the Total Settlement Amount, the Settlement Administrator shall provide a check made payable to each of the Plaintiffs for any service award approved by the Court. Service awards shall be paid out of the Total Settlement Amount and shall not impact the Individual Settlement Payments that each Plaintiff would receive as a Participating Class Member. Because the service awards represent payment to the Plaintiffs for their participation in the Class Action, and not wages, the Settlement Administrator will not withhold any taxes from the Service Awards. The Service Awards will be reported on a Form 1099, which the Settlement Administrator will provide to each Plaintiff and to the pertinent taxing authorities as required by law.
Service Award to Class Representatives
