Net Settlement Proceeds the amount of money remaining after the Gross Settlement is reduced by the following amounts, none of which WCA opposes:
Net Settlement Proceeds the amount of money remaining after the Gross Settlement is reduced by the following amounts, none of which Defendant opposes:
Net Settlement Proceeds. The “Net Settlement Proceeds” means the amount of money remaining from the Maximum Settlement Amount after the amounts for Class Counsel’s awarded attorneys’ fees and litigation expenses, the PAGA Payment to the LWDA and PAGA Payment Shares to the PAGA Employees, the Settlement Administrator’s fees and out-of-pocket expenses, the employer’s share of withholdings/taxes applicable to the wage portions of the Individual Settlement Payments, and the amounts for Plaintiff’s awarded class representative Service Payment. Participating Class Members shall be paid exclusively from the Net Settlement Proceeds. The entire Net Settlement Proceeds shall be distributed to the Participating Class Members. All employee withholdings/taxes applicable to the wage portions of the Individual Settlement Payments made to the Participating Class Members, shall be deducted from such Individual Settlement Payments.
Net Settlement Proceeds. The settlement award issued to each Settlement Class member shall be based on a calculation of that member’s proportional share of the funds remaining in the Settlement Trust after deducting any Court-awarded attorneys’ fees and costs, notice and claims administration costs, class representative incentive award amounts, or other Court-approved expenses (the “Net Settlement Proceeds”).
Net Settlement Proceeds. The Total Settlement Amount will be reduced by
