Common use of To Eligible Aggrieved Employees Clause in Contracts

To Eligible Aggrieved Employees. The Settlement Administrator shall pay each Eligible Aggrieved Employee according to his or her proportional share, which will be based upon the total number of pay periods the Eligible Aggrieved Employee worked for Defendants in California during the PAGA Timeframe. Each individual share will be calculated by (i) determining the total number of pay periods during the PAGA Timeframe during which the Eligible Aggrieved Employee was employed, (ii) dividing this number by the total number of pay periods during the PAGA Timeframe during which all Eligible Aggrieved Employees were employed (i.e., the sum of all pay periods of employment for all Eligible Aggrieved Employees), and (iii) multiplying this number by the $2,500.00 allocated to the Eligible Aggrieved Employees. Settlement checks issued to the Eligible Aggrieved Employees pursuant to this Agreement shall expire one hundred eighty (180) calendar days after the date they are initially mailed by the Settlement Administrator. After one hundred eighty (180) calendar days, any unclaimed funds shall be turned over by the Settlement Administrator to the California State Controller:

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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To Eligible Aggrieved Employees. The Settlement Administrator shall pay each Eligible Aggrieved Employee according to his or her proportional share, which will be based upon the total number of pay periods the Eligible Aggrieved Employee worked for Defendants in as a California non-exempt employee of Defendant during the PAGA Timeframe. Each individual share will be calculated by (i) determining the total number of pay periods during the PAGA Timeframe during which the Eligible Aggrieved Employee was employed, (ii) dividing this number by the total number of pay periods during the PAGA Timeframe during which all Eligible Aggrieved Employees were employed (i.e., the sum of all pay periods of employment for all Eligible Aggrieved Employees), and (iii) multiplying this number by the $2,500.00 12,500.00 allocated to the Eligible Aggrieved Employees. Settlement checks issued to the Eligible Aggrieved Employees pursuant to this Agreement shall expire one hundred eighty (180) calendar days after the date they are initially mailed by the Settlement Administrator. After one hundred eighty (180) calendar days, any unclaimed funds shall be turned over by the Settlement Administrator to the California State Controller:: Unpaid Wage Fund.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

To Eligible Aggrieved Employees. The Settlement Administrator shall pay each Eligible Aggrieved Employee according to his or her proportional shareshare of the PAGA Payment, which will be based upon the total number of pay periods during which the Eligible Aggrieved Employee worked for Defendants in California was employed during the PAGA TimeframePeriod. Each individual share will be calculated by equal to: (i) determining the total number of pay periods during the PAGA Timeframe during which the Eligible Aggrieved Employee was employedemployed during the PAGA Period, (ii) dividing this number divided by the total number of pay periods during the PAGA Timeframe during which all Eligible Aggrieved Employees collectively were employed during the PAGA Period (i.e., the sum of all pay periods of employment for all Eligible Aggrieved Employees), and (iii) multiplying this number which is then multiplied by the $2,500.00 of the PAGA Payment allocated to the Eligible Aggrieved Employees. Settlement checks issued to the Eligible Aggrieved Employees pursuant to this Agreement shall expire one hundred eighty (180) calendar days after the date they are initially mailed by the Settlement Administrator. After one hundred eighty (180) calendar days, any unclaimed funds shall be turned over by the Settlement Administrator to the California State Controller:: Unpaid Wage Fund.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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To Eligible Aggrieved Employees. The Settlement Administrator shall pay each Eligible Aggrieved Employee according to his or her their proportional share, which will be based upon the total number of pay periods the Eligible Aggrieved Employee worked for Defendants in California he or she was employed during the PAGA Timeframe. Each The individual share will be calculated by (i) determining the total number of pay periods during the PAGA Timeframe during which the Eligible Aggrieved Employee was employed, (ii) dividing this number by the total number of pay periods during the PAGA Timeframe during which all Eligible Aggrieved Employees were employed during the PAGA Timeframe (i.e., the sum of all pay periods of employment for all Eligible Aggrieved Employeeseach eligible aggrieved employee), and (iii) multiplying this dividing that number into the $12,500 amount allocated to Eligible Aggrieved Employees to determine the monetary value assigned to each pay period. That number will then be multiplied by the $2,500.00 allocated individual eligible aggrieved employee’s total number of pay periods employed during the PAGA Timeframe to the Eligible Aggrieved Employeesdetermine that individual’s proportional share. Settlement checks issued to the Eligible Aggrieved Employees pursuant to this Joint Stipulation and Settlement Agreement shall expire one hundred eighty (180) calendar 180 days after from the date they are initially mailed issued by the Settlement AdministratorDefendants. After one hundred eighty (180) calendar days, any Any unclaimed funds after the 180 days shall be turned over by the Settlement Administrator Administrator, with information for each Eligible Aggrieved Employee who failed to timely cash his/her settlement check, to the California State Controller:’s Office in the name of the Eligible Aggrieved Employee.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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