Common use of Gross Settlement Amount Clause in Contracts

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendants promise to pay two hundred thousand dollars ($200,000.00) and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendants haveno obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement and Class Notice

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Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendants promise to pay two hundred thousand dollars ($200,000.00) 165,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendants haveno have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 8 below, Defendants promise to pay two hundred thousand dollars ($200,000.00) 750,000 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendants haveno have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendants promise to pay two hundred thousand dollars ($200,000.00) 350,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendants haveno have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement and Class Notice

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendants promise agree to pay two hundred thousand dollars ($200,000.00) 750,000 and no more as the Gross Settlement Amount Amount, and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendants haveno have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendants promise to pay two hundred thousand dollars ($200,000.00) 285,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendants haveno have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 Section 5 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendants.

Appears in 1 contract

Samples: Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendants promise DEFENDANT promises to pay two hundred thousand dollars ($200,000.00) 1,400,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendants haveno DEFENDANT has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to DefendantsDEFENDANT.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement and Class Notice

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