Common use of To the Administrator Clause in Contracts

To the Administrator. An Administrator Expenses Payment not to exceed Fifteen Thousand Dollars ($15,000) except for a showing of good cause and as approved by the Court. To the extent the Administration Expenses are less, or the Court approves payment less than Fifteen Thousand Dollars ($15,000), the Administrator will retain the remainder in the Net Settlement Amount. This bid for administration is fair because CPT has extensive experience in providing court approved notice of class actions and administering various types of notice programs and settlements. In the past 30-plus years, CPT has provided notification and/or claims administration services in thousands of class action cases. CPT’s duties in administering this Settlement include the following: (a) prepare, print, mail and email to class members notification of the pending settlement; (b) establish a (static) settlement website; (c) toll-free number where class members are able to speak to a live representative regarding case information; (d) process undeliverable mail and locate updated addresses for class members; (e) receive objections submitted by class members; (f) receive and validate requests for exclusion submitted by class members; (g) notify the parties of the identity of class members that filed timely requests for exclusion; (h) receive other communications about the settlement; (i) file any required reports with the Court; (j) establish a fund for authorized claimants; (k) calculate the amounts due to each class member pursuant to the settlement; (l) make payments to class members through the established fund and file all applicable tax returns; and (m) handle any uncashed checks as directed by the Court.