Common use of Service Award Clause in Contracts

Service Award. RMCHCS agrees not to object to Plaintiffs’ request for Service Awards in an amount not to exceed $2,500.00 to each named Plaintiff for their time and effort on behalf of the Settlement Class. Class Counsel and each Plaintiff agree not to seek or accept a Service Award greater than $2,500.00 each. Class Counsel will petition for approval of the Service Awards at least 14 days before the deadline for Settlement Class Members to Exclude themselves or Object, or any other deadline set by the Court. RMCHCS will pay the amount approved by the Court that does not exceed $2,500.00 per named Plaintiff. The Court-approved Service Awards will not affect any benefit provided to Settlement Class Members, including Plaintiffs. The Service Awards to named Plaintiffs were negotiated after the primary terms of the settlement were negotiated. RMCHCS will pay the Court-approved Service Awards within 10 business days of the Effective Date or the Court’s Order approving this award, whichever is later, by check payable to “Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA Account” or by wire transfer to the client trust account of Class Counsel, Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA 2 Class Counsel in this matter are Xxxxx X. Xxxxx and Xxxx X. Xxxxxxx of Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC. Account at Banco Popular, San Xxxx, Puerto Rico, so long as the necessary documentation, including completed and executed tax reporting forms, is provided by Class Counsel. RMCHCS’s obligation for payment of any Court-approved Service Awards will be fully satisfied upon receipt of the check or wire transfer by Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC. Plaintiffs will bear all liability, and RMCHCS will bear no liability, for payment of taxes due, if any, on the Court-approved Service Awards. No interest will accrue with respect to the Court-approved Service Awards if paid in accordance with the Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release

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Service Award. RMCHCS MRIA agrees not to object to Plaintiffs’ request for Service Awards in an amount not to exceed $2,500.00 2,000.00 to each of the five named Plaintiff Plaintiffs for their time and effort on behalf of the Settlement Class. Class Counsel and each Plaintiff agree not to seek or accept a Service Award greater than $2,500.00 2,000.00 each. Class Counsel will petition for approval of the Service Awards at least 14 days before the deadline for Settlement Class Members to Exclude exclude themselves or Object, or any other deadline set by the Court. RMCHCS MRIA will pay the amount approved by the Court that does not exceed $2,500.00 2,000.00 per named Plaintiff. The Court-approved Service Awards will not affect any benefit provided to Settlement Class Members, including Plaintiffs. The Service Awards to named Plaintiffs were negotiated after the primary terms of the settlement were negotiated. RMCHCS MRIA will pay the Court-approved Service Awards within 10 business days of the Effective Date or the Court’s Order approving this award, whichever is later, by check payable to “Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA Account” or by wire transfer to the client trust account of Class Counsel, Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA 2 Class Counsel in this matter are Xxxxx X. Xxxxx and Xxxx X. Xxxxxxx of Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC. Account at Banco Popular, San Xxxx, Puerto Rico, so long as the necessary documentation, including completed and executed tax reporting forms, is provided by Class Counsel. RMCHCSMRIA’s obligation for payment of any Court-Court- approved Service Awards will be fully satisfied upon receipt of the check or wire transfer by Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC. Plaintiffs will bear all liability, and RMCHCS MRIA will bear no liability, for payment of taxes due, if any, on the Court-approved Service Awards. No interest will accrue with respect to the Court-approved Service Awards if paid in accordance with the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement and Release

Service Award. RMCHCS (a) . Xxxxxxxx agrees not to object to Plaintiffs’ request for Service Awards 2 in an amount not to exceed a total of $2,500.00 to each named Plaintiff for their time and effort on behalf 260,000, inclusive of the Settlement Class. Class costs Counsel and each Plaintiff agree not to seek or accept a Service Award Payment greater than $2,500.00 each260,000. Class Counsel will petition for approval of the Service Awards Class Counsel Payment at least 14 days before the deadline for Settlement Class Members to Exclude themselves or Object, or any other deadline set by the Court. RMCHCS Beaumont will pay pay, or cause to be paid, the amount approved by the Court that does not exceed $2,500.00 per named Plaintiff260,000. ocument Submitted for Filing to MI Oakland County 6th Circuit Court. Class Counsel Payment shall be separate from its contin not be grounds to terminate the settlement. The Court-approved Service Awards Class Counsel Payment will not affect any benefit benefits provided to Settlement Class Members, including Members or Plaintiffs. The Service Awards Beaumont will pay, or cause to named Plaintiffs were negotiated after the primary terms of the settlement were negotiated. RMCHCS will pay be paid, the Court-approved Service Awards Class Counsel Payment within 10 business 30 days of the Effective Date or the Court’s Order approving this award, whichever is later, by check payable to “Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA Account” or by wire transfer to the client attorney trust account of Class Counsel, Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA co- 2 Class Counsel in this consolidated matter are Xxxxx X. Xxxxx and Xxxx X. is defined as Xxxxxxxxxxx, Xxxxxxx of Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx & Xxxxxxxx, PLLC, Xxxxx & Xxxxx, LLP, and Xxxxx Xxxxx & Xxxxxxx LLP. Account at Banco PopularClass Counsel, San Xxxx, Puerto RicoXxxxx Xxxxx & Xxxxxxx LLP, so long as the necessary documentation, including completed and executed tax reporting forms, documentation is provided by co- -approved Class Counsel. RMCHCS’s obligation for payment of any Court-approved Service Awards will Counsel Payment shall be fully satisfied upon receipt of the check funds by co-Class Counsel. Class Counsel will be responsible for any loss that may occur after receipt of the funds and for allocating the Court- approved Class Counsel Payment among Class Counsel or wire transfer by Xxxxxxx Xxxxxxx Xxxxxx others. Xxxxxxxx Xxxxxxxxwill have no responsibility or liability in connection with the allocation of the Court-approved Counsel Payment, PLLCor for any tax obligations or payments associated with the payment. Plaintiffs Class Counsel will bear all liability, and RMCHCS Xxxxxxxx will bear no liability, for payment of taxes due, if any, on liability (beyond the Court-approved Service AwardsClass Counsel Payment itself) in connection with any claim for payment made by any attorney or service provider who claims to have rendered services to, for, or on behalf of Plaintiffs, any Class Member, or Class Counsel in connection with the Lawsuit and this settlement. ocument Submitted for Filing to MI Oakland County 6th Circuit Court. Except for the Court-approved Class Counsel Payment, Class Counsel will be responsible for all fees, costs, and expenses incurred by Plaintiffs or Class Counsel in connection with the Lawsuit. No interest will accrue with respect to the Court-approved Service Awards if paid in accordance with the Settlement AgreementClass Counsel Payment.

Appears in 1 contract

Samples: Settlement Agreement and Release

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Service Award. RMCHCS Defendant agrees not to object to Plaintiffs’ Plaintiffs’ request for Service Awards in a service awxxx xn an amount not to exceed $2,500.00 to 1,500 for each named Plaintiff and Xxxxx for their the time and effort expended on behalf of the Settlement ClassSettlxxxxx Class (the “Service Award”). Class Counsel Counsel, Plaintiffs and each Plaintiff Xxxxx agree not to seek or accept a Service Award greater than $2,500.00 each1,500 per individual or $4,500 total. Class Counsel will petition for approval of the Service Awards Award at least 14 days before the deadline for Settlement Class Members to Exclude themselves opt- out or Objectobjection deadline, or any other deadline set by the Court. RMCHCS Defendant will pay pay, or cause to be paid, the amount approved by the Court that does not exceed $2,500.00 1,500 per named Plaintiffindividual or $4,500 total. The Court-approved Service Awards Award will not affect any benefit provided to Settlement Class Members, including Plaintiffs. The Service Awards Defendant will pay, or cause to named Plaintiffs were negotiated after the primary terms of the settlement were negotiated. RMCHCS will pay be paid, the Court-approved Service Awards within 10 business days of the Effective Servxxx Xxxxx xxxxxn 00 xxxx xx xxx Xxxxxxxxe Date or the Court’s Order approving this award, whichever is later, by check payable to “Xxxxxxx “Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA Account” PLLC,” or by wire transfer pursuant to the client trust account of Class Counsel, Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC IOLTA 2 Class Counsel in this matter are Xxxxx X. Xxxxx and Xxxx X. Xxxxxxx of Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLC. Account at Banco Popular, San Xxxx, Puerto Rico, so long as the necessary documentation, including completed and executed tax reporting forms, is wire instructions provided by Class Counsel. RMCHCS’s Defendant’s obligation for payment of any Court-approved Service Awards Award will be fully satisfied upon receipt of the check or wire transfer by Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxxx Xxxxxxxx, PLLCClass Counsel. Plaintiffs will bear all liabilityliability (beyond the Court-approved Service Award payment itself), and RMCHCS Defendant will bear no liability, for payment of taxes due, if any, on the Court-approved Service AwardsAward. No interest will accrue with respect to the Court-approved Service Awards Award if paid in accordance with the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement and Release

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