1. Talk's payment obligations.
1.1. Talk will pay the Commission over a 6-month period in monthly installments as provided below, a total of $560,000. 6 Within 10 Days after the date of the Commission decision approving the Settlement, Talk will pay and deliver the following:
1.1.1. $40,000 to the SCA pursuant to the Fee Agreement and as remuneration for the SCA's services as described in the Settlement Claims Administration Plan and the Settlement; and
1.1.2. $60,000 to the Commission, to be paid concurrently with the above-described SCA payment and which will constitute the first of six monthly installment payments to be paid to the Commission as further described below.
1.2. Within each and every 30 Day period following the due date of Talk's first installment payment as described above, Talk will deliver to the Commission a bank check made payable to the order of the Commission, each in the amount of $100,000, until Talk's monthly installment payments to the Commission accumulates to $560,000, including the first installment payment to the Commission of $60,000. As each installment payment is received, it will be deposited in the State's General Fund as a fine.
1.3. Talk waives any potential, residual, or current ownership, claim, interest, or title in or to any of the monthly installment payments when delivered to the Commission, except if this Settlement is rescinded as provided below.
6 Each of Talk's payment should reference on face of the check this Settlement and the docket I.01-08-003 and be delivered to the following address: California Public Utilities Commission, Attention: Director of Fiscal and Administrative Services, 505 Van Ness Ave Rm 3000, San Francisco CA 94102-3298.
