Examples of Settlement Class Members in a sentence
Those Settlement Class Members whose cash benefit checks are not cleared within one hundred eighty (180) days after issuance will be ineligible to receive a cash settlement benefit from the Settlement Fund, and Defendant will have no further obligation to make any payment pursuant to this Agreement or otherwise to such Settlement Class Members.
If the amount awarded is less than the amount requested by Class Counsel for Attorneys’ Fees and Cost Award, the difference shall remain in the Settlement Fund and be available for distribution to Settlement Class Members.
The time periods and/or dates described in this Agreement with respect to the giving of notices and hearings are subject to approval and change by the Court or by the written agreement of Class Counsel and Defendant’s Counsel, without notice to Settlement Class Members.
If approved by the Court, a Settlement Fund will be created totaling up to $3,365,000.00, which will be used to pay claims submitted by Settlement Class Members, Class Counsel’s attorney’s fees up to $1,009,500.00 (30% of the Settlement Fund) and costs up to $150,000, and a service award to the Class Representative up to $10,000, as approved by the Court.
Solely for the purpose of this Settlement, the Parties stipulate and agree to certification of the claims asserted on behalf of Settlement Class Members.