Uber announced tonight that it has settled a pair of class-action lawsuits from drivers in California and Massachusetts. The settlement will pay $84 million to the plaintiffs, plus an extra $16 million if the company goes public and its valuation exceeds a set amount. Key for Uber is an agreement that it will continue to classify its drivers as independent contractors instead of employees. According to the company, it will provide more info to drivers about their ratings and how they compare to other drivers, and explain what can get drivers banned in a newly published policy. Finally, it will also form a driver's association in these two states, and meet with the group quarterly to discuss issues.