Incentive Awards definition
Examples of Incentive Awards in a sentence
Any order or proceeding relating to the Fee Awards or Incentive Awards, or any appeal from any order relating thereto, or any reversal or modification thereof, shall have no effect on the Settlement and shall not operate to, or be grounds to, terminate or cancel the Settlement Agreement or to affect or delay the finality of the Final Approval Order or Judgment.
Intervenors’ Incentive Awards will be at the sole discretion of the Court, which may award an amount less than Twenty Five Hundred Dollars ($2,500.00) each.
Class Counsel and Vesting Subclass Counsel shall petition the Court for Fee Awards and Incentive Awards on the date set by the Court in its Preliminary Approval Order.
Any Order or proceedings relating solely to the application for Attorneys’ Fees, Cost Reimbursement, and Incentive Awards, any appeal solely from an award of Attorneys’ Fees, Cost Reimbursement, or Incentive Awards, and any reversal or modification of such an award will not operate to terminate or cancel this Settlement Agreement and will not affect or delay the Effective Date.
As part of this Settlement, Defendant has agreed to pay Plaintiffs’ Incentive Awards of up to $2,500 each.