Common use of Third Distribution Clause in Contracts

Third Distribution. Within thirty (30) days of Defendants having contributed an additional $900,000.00 to the Trust Account pursuant to the timeline set forth in Paragraph 5.1.1, the Settlement Administrator shall distribute said funds on a pro rata basis to Class Members who have submitted a valid claim form and are still owed funds under the Settlement, attorney’s fees, costs and PAGA. If a Participating Class Member failed to cash his or her settlement check from the Second Distribution, the amount of that check shall be included in the Third Distribution and that Class Member shall not receive a check in the Second Distribution.