Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.
Current Participant as defined on page 1, or (2) an “Authorized Former Participant” (a “Former Participant” as defined on page 1 who submitted a completed, satisfactory Former Participant Claim Form that is postmarked by the deadline), or (3) a beneficiary, alternate payee, or attorney-in-fact of persons identified in (1) or (2). The Plan of Allocation will allocate the Net Settlement Fund among Current and Authorized Former Participants as follows:
Current Participant means a Class Member who has an Active Account in the Plan as of the Effective Settlement Date.
Examples of Current Participant in a sentence
If, however, you are a “Former Participant” who participated in the Plan during the Class Period and on September 30, 2015 did not have an Active Account in the Plan, or are the beneficiary, alternate payee, or attorney-in-fact of such a person, then, unlike a Current Participant, you must return a Former Participant Claim Form by XXXXXX to receive a check for your share of the Net Settlement Amount.
You Do Not Need To Do Anything To Participate In The Settlement Our records indicate that you are a Current Participant; you do not need to do anything to participate in the settlement.
As a Former Participant who participated in the Plan during the Class Period and on September 30, 2015 did not have an Active Account in the Plan, or are the beneficiary, alternate payee, or attorney-in-fact of such a person, then, unlike a Current Participant, you must return a Former Participant Claim Form by XXXXXX to receive a check for your share of the Net Settlement Amount.
YOUR LEGAL RIGHTS AND OPTIONS UNDER THE SETTLEMENT: Our Records Indicate That You Are A Current Participant.
Whether you need to submit a claim form to receive your distribution depends on whether you are considered a “Current Participant” or a “Former Participant.” According to Boeing’s records, you are a Current Participant.
More Definitions of Current Participant
Current Participant means a member of the Settlement Class who has an Active Account, as defined above.
Current Participant means any ICSD employee represented by ITA who, on or before June 30, 2019: (a) is unmarried; (b) is a participant in the ICSD’s dental and/or vision plan(s); (c) has a same-sex, domestic partner who is also covered by said dental and/or vision plan(s) subject to the terms and conditions required for such coverage. In the future, if such same-sex domestic partnership ends with that individual, then the employee would be subject to the terms and conditions then in effect for “family” coverage.
Current Participant means a member of the Settlement Class who had an Active Account as of the date the Preliminary Approval Order is entered by the Court.
Current Participant means a person who participated in the Plan during the Class Period and on September 30, 2020 had an Active Account balance.
Current Participant as defined on page 1 or (2) an “Authorized Former Participant” (a “Former Participant” as defined on page 1 who submitted a completed, satisfactory Former Participant Claim Form that is postmarked or submitted electronically by the deadline), or (3) a beneficiary, alternate payee, or attorney-in-fact of persons identified in (1) or (2). The Net Settlement Amount shall be divided into two portions: (1) the Administrative Fee Portion (“Fee Portion”) shall be eighty percent (80%) of the Net Settlement Amount; and (2) the Emerging Markets Equity Fund Portion (“EM Fund Portion”) shall be twenty percent (20%) of the Net Settlement Amount. The Fee Portion will be allocated among Class Members as follows: a percentage of Fee Portion that is the product of the sum of the participant’s quarter-ending total account balances for each quarter from September 30, 2010 through December 31, 2013 divided by the sum of the quarter-ending net asset value of the Plan for each quarter during that period. The EM Fund Portion will be allocated among Class Members as follows: a percentage of the EM Fund Portion that is the product of the sum of the participant’s quarter-ending account balances invested in the EM Fund for each quarter from December 31, 2010 through December 31, 2014 divided by the sum of the quarter-ending net asset value of the EM Fund for each quarter during that period. No amount shall be distributed to a Class Member that is five dollars ($5.00) or less, because such an amount is de minimis and would cost more in processing than its value. The method of making these calculations is described in the Plan of Allocation, found in Article 6 of the Settlement Agreement and available at xxx.0000xxxxxxxx000xxxxxxxxxxx.xxx. There are over 102,000 Class Members. Note that if you are an alternate payee pursuant to a Qualified Domestic Relations Order, your portion of the Settlement will be distributed pursuant to the terms of that order.
Current Participant means a person who had an Active Account in the Plan during the Class Period and had a balance greater than $0 in the Plan as of March 31, 2019.
Current Participant as defined on page 1 or (2) an “Authorized Former Participant” (a “Former Participant” as defined on page 1 who submitted a completed, satisfactory Former Participant Claim Form by the deadline), or (3) a Beneficiary or Alternate Payee of a person identified in (1) or (2). The Net Settlement Amount will be divided pro rata among Class Members based on each eligible Class Member’s Average Account Balance invested in the Plan during the Class Period. For purposes of making this determination, the Average Account Balance shall be calculated based on the quarter-ending account balance for each Authorized Former Participant and Current Participant for each quarter during the Class Period. Note that if you are an Alternate Payee pursuant to a Qualified Domestic Relations Order, your portion of the Settlement will be distributed pursuant to the terms of that order. The Net Settlement Amount will also depend on the amount of any Attorneys’ Fees and Costs, Administrative Expenses, and Class Representatives’ Compensation that are awarded by the Court, as these will be paid out of the Gross Settlement Amount of $10,000,000. Class Counsel will file a motion for an award of Attorneys’ Fees and Costs, Administrative Expenses, and Class Representatives’ Compensation at least 30 days prior to the objection deadline. This motion will be considered at the Fairness Hearing. Class Counsel will limit their application for Attorneys’ Fees to not more than one-third of the Gross Settlement Amount ($3,333,333.33). Class Counsel also will seek to recover all actual and anticipated litigation costs and administrative expenses associated with the Settlement. In addition, Class Counsel will seek compensation for the Class Representatives of no more than $10,000 each. The Court will determine the amount of Attorneys’ Fees and Costs, Administrative Expenses, and Class Representatives’ Compensation that will be awarded, if any. All papers filed in this action, including Class Counsel’s motion for Attorneys’ Fees and Costs, Administrative Expenses, and Class Representatives’ Compensation, will be available for review via the Public Access to Court Electronic Records System (PACER), available online at xxxx://xxx.xxxxx.xxx.