Examples of Released Claims in a sentence
Defendant must pay Individual PAGA Payments to all Aggrieved Employees and the Aggrieved Employees must give up their rights to pursue Released Claims (defined below).
Unknown Claims” means any and all Released Claims which Plaintiffs, Plaintiffs’ Counsel, any Settlement Class Members, Defendants, or Defendants’ counsel do not know or suspect to exist in his, her, its, or their favor at the time of the release which, if known by him, her, it, or them, might have affected his, her, its, or their settlement with and release of the Settling Parties, or might have affected his, her, its, or their decision(s) with respect to the Settlement.
Plaintiff and Plaintiff’s counsel have concluded that the terms and conditions of this Agreement are fair, reasonable, and adequate for the Settlement Class, and that it is in the best interests of the Settlement Class to settle the Released Claims pursuant to the terms and provisions of this Agreement.
IT IS HEREBY STIPULATED AND AGREED by and among the Parties, through their undersigned respective counsel, and in consideration of the benefits flowing from the Settlement Agreement, that the Action and the Released Claims shall be finally and fully compromised, settled, and released, and the Action shall be dismissed with prejudice under the terms and conditions of this Agreement.
Therefore, if the Court approves the proposed Settlement, all Eligible Aggrieved Employees will give up the right to sue the Released Parties for the PAGA Released Claims, described in greater detail in Section No. 9 below.