Examples of PAGA Allocation in a sentence
Seventy-five percent (75%) of the PAGA Allocation shall be paid to the LWDA (the “LWDA Payment”).
The remaining one-third of the Potential Gross Settlement Proceeds shall constitute the Settlement’s PAGA Allocation.
This amount is known as the “Individual Settlement Payments.”The Class Member Allocation (the TSA, minus attorneys’ fees and costs (including expert fees), Plaintiff’s enhancement award/general release payment, the PAGA Allocation, and Administration Costs) shall be paid to all Settlement Class Members who do not opt out of the settlement.
PAGA Allocation: Ten Thousand Dollars ($10,000) of the Gross Settlement26 Fund shall be designated as the recovery of civil penalties under the Labor Code Private27 Attorneys General Act of 2004 (PAGA).
The parties agree that thirty- five percent (35%) of your Individual Settlement Payment shall be reported as wages on IRS Form W-2 and its state and local equivalents, sixty-five percent (65%) shall be reported as interest and penalties on IRS Form 1099 and its state and local equivalents.Your PAGA Penalties Payment:The PAGA Allocation is $20,000.00.