Common use of Gross Settlement Amount Clause in Contracts

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises to pay $2,050,000 and no more as the Gross Settlement Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any employer-side payroll taxes on the portion of the Individual Class Payments allocated to wages which shall be separately paid by Defendant to the Administrator. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 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 Defendant.

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, Defendant promises Defendants promise to pay $2,050,000 3,800,000 and no more as the Gross Settlement Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any employer-side payroll taxes on the portion of the Individual Class Payments allocated to wages which shall be separately paid by Defendant Defendants to the Administrator. Defendant has Defendants have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 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 DefendantDefendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises Defendants promise to pay $2,050,000 565,000 and no more as the Gross Settlement Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any employer-side payroll taxes on the portion of the Individual Class Payments allocated to wages which shall be separately paid by Defendant Defendants to the Administrator. Defendant has Defendants have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 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 DefendantDefendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

Gross Settlement Amount. Except as otherwise provided by Paragraph 9 below, Defendant promises Defendants promise to pay $2,050,000 1,200,000 and no more as the Gross Settlement Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any employer-side payroll taxes on the portion of the Individual Class Payments allocated to wages which shall be separately paid by Defendant Defendants to the Administrator. Defendant has Defendants have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 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 DefendantDefendants.

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, Defendant Defendants promises to pay $2,050,000 975,000 and no more as the Gross Settlement Amount. This amount is all-inclusive of all payments contemplated in this resolution, excluding any employer-side payroll taxes on the portion of the Individual Class Payments allocated to wages which shall be separately paid by Defendant Defendants to the Administrator. Defendant has Defendants have no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 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 DefendantDefendants.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement

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