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Case 3:10-cv-00132-ECR -WGC Document 97-2 Filed 03/27/12 Page 14 of 21 on a wholly contingent basis. Since the case began in 2009, Co-Lead Counsel have conducted all of the investigation, briefing, and motions practice necessary to prepare the case for trial, and consulted experts regarding the damages and class certification. To date, Co-Lead Counsel has not been paid for their services in conducting this Litigation on behalf of the Lead Plaintiffs and the Class, nor for their expenses. Co-Lead Counsel have expended to date more than 2600 hours of attorney time in prosecuting the Class’s claims and will ask the Court for actual expenses not to exceed $195,000 in prosecuting the Litigation. The fee requested will compensate Co-Lead Counsel for their work in achieving the Settlement Fund. Co-Lead Counsel shall file a formal motion with the District Court for approval of the Settlement, the Plan of Allocation, and the request for attorneys’ fees and reimbursement of expenses not later than [______] days prior to the Settlement Hearing. That motion will argue that Co-Lead Counsel’s requested fees are well within the range of fees awarded to class counsel under similar circumstances in other cases of this type. The Court determines what counsel should receive from the Settlement Fund for fees and expenses, and may award less than this amount. OBJECTING TO THE SETTLEMENT You can tell the Court that you do not agree with the Settlement or some part of it. 18. How Do I Tell the Court that I Do Not Like the Settlement? If you are a Class Member, you can object to the Settlement if you do not like any part of it, including the Plan of Allocation and the request for attorneys’ fees. You can state the reasons why you think the Court should not approve it, and the Court will consider your views. To object, you must send a letter saying that you object to the Settlement in Szymborski v. Ormat Technologies, Inc. et al. , No. 3:10-CV-00132-ECR-RAM. Be sure to include your name, address, telephone number, your signature, the number of Ormat securities purchased or otherwise acquired between May 7, 2008, and February 24, 2010, inclusive, and the reasons you object. The motions in support of the Settlement and the request for attorneys’ fees will be filed no later than [35 days prior to the Settlement Hearing], _____________, 2012, and they will be available from Co-Lead Counsel, the Claims Administrator or the Court: their contact information is listed in Section 23, below. Any objection must be mailed or delivered such that it is received by each of the following no later than [21 days prior to the Settlement Hearing], , 2012: Court: Clerk of the Court Bruce R. Thompson Federal Building & U.S. Courthouse 400 S. Virginia St. Courtroom 3 Reno, Nevada 89501 12PDF Image | Lawsuite ORMAT TECHNOLOGIES
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