Settlement Checks Sample Clauses

Settlement Checks. “Settlement Checks” means checks issued to Class Members for their share of the Net Settlement Fund calculated in accordance with this Agreement.
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Settlement Checks. “Settlement Checks” means checks issued to Settlement Class Members for their share of the NSS.
Settlement Checks. “Settlement Checks” means checks issued to Authorized Claimants for their Individual Net Amount.
Settlement Checks. The Settlement Administrator will be responsible for undertaking 8 appropriate deductions, required tax reporting, and issuing the Individual Settlement Payments by way 9 of check to the Settlement Class Members and the Individual PAGA Payments by way of check to the
Settlement Checks. All checks issued by the Settlement Administrator (defined below) to Class Members from the Settlement Fund (defined below) (the “Settlement Checks”) shall contain, on the back of the check, the following limited endorsement: “RELEASE OF CLAIMS: By endorsing this check, I consent to join the case entitled Xxxxxxx x. Xxxxx Direct, Inc., and I hereby release Dyson Direct, Inc. and all other Releasees (as defined in the Settlement Agreement in Xxxxxxx) from all wage and hour claims under the Fair Labor Standards Act, the Illinois Minimum Wage Law and/or any other applicable wage and hour law, rule or regulation brought or which could have been brought in the litigation.” Any modification or amendment of the above-language by the Class Member, at Dyson’s discretion, may not be accepted, and, if not accepted, shall void the Settlement Check. Any Class Member who does not endorse and/or otherwise cash their Settlement Checks shall be deemed not to have opted into the Lawsuit with respect to such FLSA Claims and, accordingly, shall not be entitled to proceed or otherwise assert their FLSA Claims in the Lawsuit, which shall be dismissed in its entirety following Final Approval, provided, however, that the foregoing shall have no effect on such Class Member’s waiver and release of this claims under Section II.A above.
Settlement Checks. The Settlement Checks issued by the Settlement Administrator will be valid for one-hundred and twenty (120) days. At the expiration of this one-hundred and twenty (120) day check-cashing period, the Settlement Administrator will inform counsel for Dyson which checks were negotiated and which became void, as well as an accounting of the cash value of all amounts remaining in the Settlement Fund. In addition to this information, Settlement Administrator will also provide counsel for Dyson the amount of employer-side taxes due on the wage portion of the settlement payments which were negotiated. Within thirty (30) days of receiving this information from Settlement Administrator, Dyson shall make an additional payment in the amount calculated by Settlement Administrator to pay employer- side taxes due on the wage portion of the settlement payments, and/or may direct the Settlement Administrator to apply any remaining amounts in the Settlement Fund to such employer-side taxes. Xxxxx also shall have the option of directly paying all employer-side taxes to the respective taxing authorities. Within thirty
Settlement Checks. Any checks mailed pursuant to 2.7 that have not been negotiated after the ninety (90) day period provided therein, shall be void.
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Settlement Checks. Upon the Court entering a Final Order Approving Settlement and as otherwise provided in Subparagraph a. above, the Settlement Administrator shall send Class Representative and Class Members who do not exclude themselves from the settlement a settlement, with checks being divided equally between W-2 and 1099 income. Payments will be made no later than ten
Settlement Checks. If a Settlement Class Member opts for payment via mailed check, all settlement checks shall be void ninety (90) days after issuance and shall bear the language: “This check must be cashed within ninety (90) days, after which time it is void.” If a check becomes void, the Settlement Class Member shall have until six months after the Effective Date to request re- issuance. If no request for re-issuance is made within this period, the Settlement Class Member will have failed to meet a condition precedent to recovery of payment on his/her claim, the Settlement Class Member’s right to receive monetary relief shall be extinguished, and neither the Settlement Fund, Claims Administrator, Defendant nor Settlement Class Counsel shall have any obligation to make payments to the Settlement Class Member on the claim. The same provisions shall apply to any re-issued check. For any checks that are issued or re-issued for any reason more than one hundred eighty (180) days after the Effective Date, requests for re-issuance need not be honored after such checks become void.
Settlement Checks. The Settlement Administrator will be responsible for undertaking 8 appropriate deductions, required tax reporting, and issuing the Individual Settlement Payments by way 9 of check to the Settlement Class Members in accordance with this Settlement Agreement. Each 10 Individual Settlement Payment check will be valid and negotiable for one hundred and eighty (180) 11 calendar days from the date the checks are issued, and thereafter, shall be cancelled. Pursuant to 12 California Code of Civil Procedure Section 384, all funds associated with such cancelled checks will be 13 transmitted to Court Appointed Special Advocates (CASA) of Xxxx County, 0000 Xxxxxxxx Xx, 14 Bakersfield, CA 93305. The Parties and their counsel each represent that they do not have any 15 significant affiliation or involvement with the proposed cy pres recipient. The Settlement Administrator 16 may, as necessary, undertake amended and/or supplemental tax filings and reporting, required under 17 applicable local, state, and federal tax laws, that are necessary due to the cancellation of any Individual 18 Settlement Payment checks. To the extent that the Settlement Administrator is able to obtain or receive 19 the return or refund of the amounts that were transmitted to taxing auth 20 21 Settlement Payments, all such amounts shall also be transmitted to CASA of Xxxx County, 1717 00 Xxxxxxxx Xx, Xxxxxxxxxxx, XX 00000. Settlement Class Members whose Individual Settlement Payment 23 checks are cancelled shall, nevertheless, be bound by this Settlement Agreement.
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