Ronald W. Ramey and Joni J. Ramey - Page 4




                                         -3-                                          
          plaintiffs explained that the cash settlement was to be                     
          distributed as follows:                                                     
                         (1) All plaintiffs receive a $1,000.00                       
                         allocation, appropriate individuals receive                  
                         $3,000.00 deposition scheduling allocation,                  
                         $5,000.00 deposition attending allocation and                
                         named plaintiffs receive a $15,000.00                        
                         representation allocation.                                   
                         (2) Each individual’s claim is valued based                  
                         on the fluctuating average workweek                          
                         calculation.                                                 
                         (3) The hours claimed are taken from the                     
                         interviews of plaintiffs by plaintiff’s                      
                         counsel.                                                     
                         (4) The hourly rate is determined from                       
                         PayLess payroll records.                                     
                         (5) All overtime hours and individual claims                 
                         between two years prior to the consent date                  
                         and November 1, 1992 are given 95% of                        
                         calculated value to discount for a potential                 
                         finding of no liability.                                     
                         (6) All overtime hours and individual claims                 
                         for the time period between two and three                    
                         years of their consent date are given 50% of                 
                         calculated value to discount for a finding of                
                         no liability.                                                
                         (7) All overtime hours claimed for the time                  
                         period between March 8, 1990 and three years                 
                         prior to an individual’s consent date are                    
                         given 5% of calculated value to recognize the                
                         limited, although existing, possibility that                 
                         plaintiffs could have recovered for this time                
                         period.                                                      
                         (8) The individual’s claim is then totaled.                  
                         (9) The remaining portion of the settlement,                 
                         that is, the total settlement minus the                      
                         amount allocated for participation and back                  
                         wages is apportioned the same ratio as that                  
                         of each individual’s calculated back wages to                




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