Common use of Those Settlement Clause in Contracts

Those Settlement. Class Members who make a payment selection by the Response Deadline and those for whom valid, current payment information can be confirmed will receive either $20 for each Covered Device or, if necessary, a pro rata portion of the Net Settlement Fund less than $20. If, following the Response Deadline for Settlement Class Members to make a payment selection and provide payment information, it appears that the Net Settlement Fund minus the sum of all Class Payments will exceed $50,000, then each Settlement Class Member who has made a payment selection by the Response Deadline and those for whom valid, current payment information can be confirmed will receive an equal, total payment of up to a maximum of $50 for each Covered Device. There can be only one Class Payment per Covered Device. This allocation is subject to modification by agreement of the Parties without further notice to members of the Settlement Class, provided any such modification is approved by the Court.