The Settlement provides that Defendant will fund the following payments up to a total of $520,000.00: (a) $25.00 per hour, up to a total of $125.00, for Class Members who attest that the time claimed was actually spent as a result of the Data Incident; (b) up to $5,000.00 for reimbursement of your documented Out-of-Pocket Expenses reasonably traceable to the Data Incident; and (c) an estimated pro rata $50.00 payment, subject to adjustment as set forth below.
The estimated $50.00 pro rata payment will be dispersed after the distribution of attorneys’ fees, Class Counsel’s litigation expenses, the Service Award, Notice and Administrative Expenses, and other Settlement benefits to claimants. The other Settlement benefits are also subject to pro rata reduction as needed in the event that the total claims exceed the $520,000.00 cap on payments to be made by Defendant, and payments may also be increased on a pro rata basis until the Settlement Fund is distributed. Payment of (1) attorneys’ fees and expenses and service award to Plaintiff (see Question 19) and (2) the costs of notifying the Class and administering the Settlement will also be paid out of the Settlement Fund.
Also, as part of the Settlement, Defendant either has undertaken or will undertake certain reasonable steps to further secure its systems and environments.