Settlement Awards to Settlement Class Members. Each Settlement Class Member shall be entitled to receive a pro rata portion of the Net Settlement Fund (his/her “Individual Settlement Share”), calculated based upon the number of Compensable Hours worked thereby during the Settlement Period, divided by the total number of Compensable Hours worked by all Settlement Class Members during said period. The Settlement Administrator will calculate the number of Compensable Hours worked by Settlement Class Members, the amount to be paid per Compensable Hour and the Individual Settlement Share to be paid to each Settlement Class Member. The payment to the Settlement Class Members shall be funded by the remainder of the Gross Settlement after funding the payments to the LWDA, the Representative Plaintiff (for his enhancement award payment), to Class Counsel (for their awarded attorneys’ fees and expenses), and to the Settlement Administrator (for its fees and expenses).
Settlement Awards to Settlement Class Members. Each Settlement Class Member shall be entitled to receive a pro rata portion of the Net Settlement Fund (his/her “Individual Settlement Share”), calculated based upon the number of Compensable Workweeks worked, divided by the total number of Compensable Workweeks worked by all Settlement Class Members. The Settlement Administrator will calculate the number of Compensable Workweeks worked by Settlement Class Members, the amount to be paid per Compensable Workweeks, and the Individual Settlement Share to be paid to each Settlement Class Member. The payment to the Settlement Class Members shall be funded by the remainder of the Gross Settlement after funding the payments to the LWDA, the Class Representative (for his enhancement award payment), to Class Counsel (for their awarded Attorneys’ Fees and Costs), and to the Settlement Administrator (for its fees and expenses). Each PAGA Employee shall be entitled to receive a pro rata portion of the PAGA Payment, calculated based upon the number of pay periods worked during the PAGA Covered Period, divided by the total number of pay periods worked by all PAGA Employees during the PAGA Covered Period. The Settlement Administrator will calculate the number of pay periods worked by PAGA Employees, the amount to be paid per pay period during the PAGA Covered Period, and the share of the PAGA Payment to be paid to each PAGA Employee.
Settlement Awards to Settlement Class Members. In consideration for this Settlement, Cash Settlement Payments shall be provided to Settlement Class Members who have not submitted a valid Exclusion Form in accordance with the requirements of, inter alia, Section III(I) herein. Each Settlement Class Member who does not submit a valid Exclusion Form shall receive a Cash Settlement Payment in the amount of $450.00. The individual $450.00 Cash Settlement Payments to the 293 Settlement Class Members total one hundred, thirty one thousand and eight hundred and fifty dollars exactly ($131,850.00) (i.e., the Common Fund), the sums of which shall be deposited by Xxxxxx’x insurance carrier, LMIC, in the trust account as described in Section III(G)(i) above.
Settlement Awards to Settlement Class Members. In consideration for this 13 Settlement, Cash Settlement Payments in the amount of $450 to each of the 293 14 Settlement Class Members who have not submitted a valid Exclusion Form, 15 which shall total in the amount of one hundred, thirty-one thousand and eight 16 hundred and fifty dollars ($131,850.00). Such Cash Settlement Payments will 17 be paid from the Common Fund.
Settlement Awards to Settlement Class Members
