Settlement Benefits Sample Clauses

Settlement Benefits. 4.1 Payment of Settlement Amount.
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Settlement Benefits. 3.1 Payment of Settlement Amount
Settlement Benefits. 4.1 Payment of Settlement Amount and Settlement Fund
Settlement Benefits. Subject to validation by the Settlement Administrator, Tristar will provide the Benefits to Settlement Class Members who follow the procedures set forth in Section IV.B below.
Settlement Benefits. The 2011 Settlement Class provides benefits to the following: All owners of Vortens™ toilet tank models #3464 or #3412 manufactured between January 1, 2011 - December 31, 2011.
Settlement Benefits. The following adjustments shall be made to and subtracted from the Common Fund: (a) payment to the Settlement Administrator in such amount as required for the administration of the Settlement; (b) payment of any award of Class Counsel’s costs, expenses, and fees, as allowed under Section 12 of this Agreement, in such amount as may be allowed and approved by the Court; and (c) payment of a Service Award to the Class Representative, as allowed under Section 11 of this Agreement, in such amount as may be allowed and approved by the Court.Within thirty (30) days after Finality of the Settlement, the Common Fund, less the adjustments set forth in the preceding paragraph, will be distributed to those members of the Class who did not file a complete and valid Request for Exclusion by the Exclusion Deadline. Each Class member who paid some or all of their Property Inspection Fees shall receive a share of the Common Fund remaining after the adjustments provided in the preceding subparagraph, proportional to the amount of Property Inspection Fees paid by the member of the Class to Freedom which were not waived or refunded by Freedom. Each of the Class members who did not pay some or all of their Property Inspection Fees charged by Freedom will have their amount of Settlement Benefits, proportional to the amount of Property Inspection Fees charged by Freedom which were not waived or refunded by Freedom, paid into their mortgage account as a credit against any Property Inspection Fees which are still owed by the borrower.To the extent that there is more than one borrower on a loan subject to this Settlement, the co-borrowers shall be deemed to be one member of the Class for purposes of the amount of Settlement Benefits to be paid, and the Settlement Benefits shall be paid by check payable jointly to the co-borrowers on such loan.Settlement Benefits checks shall be mailed by first-class mail by the Settlement Administrator to the Last Known Mailing Addresses for those Class members eligible to receive Settlement Benefits under this Settlement. If there is more than one borrower on a subject loan and the co-borrowers have the same Last Known Mailing Address, the Settlement Benefits check will be mailed to that Last Known Mailing Address. If there is more than one borrower on a subject loan and the co-borrower’s Last Known Mailing Address differs from that of the primary borrower, the Settlement Benefits check will be mailed to the Last Known Mailing Address for the prim...
Settlement Benefits a) The Executive (or his representative, beneficiary or estate, if applicable) shall be entitled to settlement benefits representing severance payments and noncompete payments including (i) a cash payment equal to $9,450,000, less applicable withholding taxes, which is three times the sum of the Executive's annual base salary and maximum bonus eligibility under the Company's Management By Objectives bonus plan, each as in effect immediately prior to the Effective Date; (ii) to the extent not already vested, 100% vesting of any and all equity-based awards granted to Executive; (iii) a cash payment equal to 100% payout under The World Color Press, Inc. Third Amended and Restated Supplemental Retirement Plan ("SERP") (as attached hereto as Exhibit B, and incorporated herein by reference), which the parties agree, assuming the Effective Date occurs August 12, 1999, equals $12,431,404, less applicable withholding taxes; (iv) a cash payment equal to $2,250,000, less applicable withholding taxes, which is 100% payout of the bonus for the fiscal year ended December 31, 1999 under the Company's Management by Objective bonus plan, assuming 2 achievement of all performance targets and deeming the Executive to have been employed by the Company for all relevant periods to be entitled to such full payout; and (v) continuation for three years after the Effective Date of welfare and fringe benefit plans or programs that the Executive (and any beneficiary) is covered under or participating in immediately prior to the Effective Date (or substantially equivalent plans or programs on a benefit by benefit basis), subject to reduction of such employee welfare and fringe benefit plans upon re-employment and receipt by the Executive of comparable benefits under welfare and fringe benefit plans of a successor employer during such three-year period. Settlement benefits in (i), (iii) and (iv) above shall be paid as soon as practicable following the Effective Date, but in no event more than fourteen days thereafter. (b) LEGAL AND ACCOUNTING FEES AND EXPENSES. The Company also shall pay to the Executive all legal and accounting fees and expenses incurred by the Executive as a result of termination of employment (including all such fees and expenses, if any, incurred in any dispute or in seeking in good faith to obtain or enforce any benefit or right provided by this Agreement or in connection with any tax audit or proceeding to the extent attributable to the application of Section 499...
Settlement Benefits mean the amounts potentially recoverable and the protection potentially receivable by a Settlement Class Member under ¶ 2.1 of this Settlement Agreement.
Settlement Benefits