| Cash Option ($145.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $145,700,000.00 |
-$53,869,330.00 |
-$0.00 |
$91,830,670.00 |
| Annuity ($323 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,861,473.00 |
-$1,759,075.00 |
-$0.00 |
$3,102,398.00 |
| 2 |
$5,104,692.00 |
-$1,849,066.00 |
-$0.00 |
$3,255,626.00 |
| 3 |
$5,359,862.00 |
-$1,943,479.00 |
-$0.00 |
$3,416,383.00 |
| 4 |
$5,627,952.00 |
-$2,042,673.00 |
-$0.00 |
$3,585,279.00 |
| 5 |
$5,909,285.00 |
-$2,146,766.00 |
-$0.00 |
$3,762,519.00 |
| 6 |
$6,204,830.00 |
-$2,256,117.00 |
-$0.00 |
$3,948,713.00 |
| 7 |
$6,514,910.00 |
-$2,370,847.00 |
-$0.00 |
$4,144,063.00 |
| 8 |
$6,840,817.00 |
-$2,491,433.00 |
-$0.00 |
$4,349,384.00 |
| 9 |
$7,182,874.00 |
-$2,617,994.00 |
-$0.00 |
$4,564,880.00 |
| 10 |
$7,542,050.00 |
-$2,750,889.00 |
-$0.00 |
$4,791,161.00 |
| 11 |
$7,918,991.00 |
-$2,890,357.00 |
-$0.00 |
$5,028,634.00 |
| 12 |
$8,314,989.00 |
-$3,036,876.00 |
-$0.00 |
$5,278,113.00 |
| 13 |
$8,730,690.00 |
-$3,190,686.00 |
-$0.00 |
$5,540,004.00 |
| 14 |
$9,167,386.00 |
-$3,352,263.00 |
-$0.00 |
$5,815,123.00 |
| 15 |
$9,625,723.00 |
-$3,521,848.00 |
-$0.00 |
$6,103,875.00 |
| 16 |
$10,106,993.00 |
-$3,699,918.00 |
-$0.00 |
$6,407,075.00 |
| 17 |
$10,612,165.00 |
-$3,886,831.00 |
-$0.00 |
$6,725,334.00 |
| 18 |
$11,142,854.00 |
-$4,083,186.00 |
-$0.00 |
$7,059,668.00 |
| 19 |
$11,700,029.00 |
-$4,289,341.00 |
-$0.00 |
$7,410,688.00 |
| 20 |
$12,284,982.00 |
-$4,505,774.00 |
-$0.00 |
$7,779,208.00 |
| 21 |
$12,899,328.00 |
-$4,733,082.00 |
-$0.00 |
$8,166,246.00 |
| 22 |
$13,544,359.00 |
-$4,971,743.00 |
-$0.00 |
$8,572,616.00 |
| 23 |
$14,221,367.00 |
-$5,222,236.00 |
-$0.00 |
$8,999,131.00 |
| 24 |
$14,932,613.00 |
-$5,485,397.00 |
-$0.00 |
$9,447,216.00 |
| 25 |
$15,679,066.00 |
-$5,761,585.00 |
-$0.00 |
$9,917,481.00 |
| 26 |
$16,463,310.00 |
-$6,051,755.00 |
-$0.00 |
$10,411,555.00 |
| 27 |
$17,286,314.00 |
-$6,356,267.00 |
-$0.00 |
$10,930,047.00 |
| 28 |
$18,150,662.00 |
-$6,676,075.00 |
-$0.00 |
$11,474,587.00 |
| 29 |
$19,058,292.00 |
-$7,011,898.00 |
-$0.00 |
$12,046,394.00 |
| 30 |
$20,011,142.00 |
-$7,364,453.00 |
-$0.00 |
$12,646,689.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$323,000,000.00 |
-$119,510,000.00 |
-$0.00 |
$203,490,000.00 |
|
