Individual Settlement Payment definition

Individual Settlement Payment means the amount payable from the Net

Individual Settlement Payment means each Class Member’s share of the Net

Individual Settlement Payment means each Participating Class Member’s respective

Examples of Individual Settlement Payment in a sentence

• This will result in the “Shift Value.” Each Class Member’s Individual Settlement Payment will be calculated by multiplying the Shift Value by the number of shifts over 8.0 hours that the Class Member worked during the Class Period under the Alternative Workweek Schedule, but were not paid an overtime premium rate for time in excess of 8.0 hours.

• You will automatically receive your Individual Settlement Payment from the Settlement Administrator if and when the Settlement receives final approval by the Court and after any appeals are resolved.Option 2 – Dispute the Information in this NoticeIf you believe the information provided above concerning the number of weeks you worked in California in each Sub- Class during the relevant period is incorrect, you may send a notice of dispute to the Settlement Administrator.

• For purposes of this Settlement, 1/3 of each Individual Settlement Payment will be allocated as wages for which IRS Forms W-2 will be issued; 2/3 will be allocated as interest and penalties for which IRS Forms 1099 will be issued.

More Definitions of Individual Settlement Payment

Individual Settlement Payment means the amount payable from the Total

Individual Settlement Payment means a Participating Class Member’s

Individual Settlement Payment means the amount paid from the Net Settlement Amount

Individual Settlement Payment means each Participating Class Member’s and PAGA

Individual Settlement Payment means the amount payable from the Net Settlement Amount to each Settlement Class Member.

Individual Settlement Payment means the portion of the Net Settlement Proceeds distributable to each Claimant.

Individual Settlement Payment means each Participating Class Member’s