| Cash Option ($128.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $128,600,000.00 |
-$47,542,330.00 |
-$0.00 |
$81,057,670.00 |
| Annuity ($285 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,289,535.00 |
-$1,547,458.00 |
-$0.00 |
$2,742,077.00 |
| 2 |
$4,504,140.00 |
-$1,626,862.00 |
-$0.00 |
$2,877,278.00 |
| 3 |
$4,729,290.00 |
-$1,710,168.00 |
-$0.00 |
$3,019,122.00 |
| 4 |
$4,965,840.00 |
-$1,797,691.00 |
-$0.00 |
$3,168,149.00 |
| 5 |
$5,214,075.00 |
-$1,889,538.00 |
-$0.00 |
$3,324,537.00 |
| 6 |
$5,474,850.00 |
-$1,986,025.00 |
-$0.00 |
$3,488,825.00 |
| 7 |
$5,748,450.00 |
-$2,087,257.00 |
-$0.00 |
$3,661,193.00 |
| 8 |
$6,036,015.00 |
-$2,193,656.00 |
-$0.00 |
$3,842,359.00 |
| 9 |
$6,337,830.00 |
-$2,305,327.00 |
-$0.00 |
$4,032,503.00 |
| 10 |
$6,654,750.00 |
-$2,422,588.00 |
-$0.00 |
$4,232,162.00 |
| 11 |
$6,987,345.00 |
-$2,545,648.00 |
-$0.00 |
$4,441,697.00 |
| 12 |
$7,336,755.00 |
-$2,674,930.00 |
-$0.00 |
$4,661,825.00 |
| 13 |
$7,703,550.00 |
-$2,810,644.00 |
-$0.00 |
$4,892,906.00 |
| 14 |
$8,088,870.00 |
-$2,953,212.00 |
-$0.00 |
$5,135,658.00 |
| 15 |
$8,493,285.00 |
-$3,102,846.00 |
-$0.00 |
$5,390,439.00 |
| 16 |
$8,917,935.00 |
-$3,259,966.00 |
-$0.00 |
$5,657,969.00 |
| 17 |
$9,363,675.00 |
-$3,424,890.00 |
-$0.00 |
$5,938,785.00 |
| 18 |
$9,831,930.00 |
-$3,598,144.00 |
-$0.00 |
$6,233,786.00 |
| 19 |
$10,323,555.00 |
-$3,780,046.00 |
-$0.00 |
$6,543,509.00 |
| 20 |
$10,839,690.00 |
-$3,971,016.00 |
-$0.00 |
$6,868,674.00 |
| 21 |
$11,381,760.00 |
-$4,171,582.00 |
-$0.00 |
$7,210,178.00 |
| 22 |
$11,950,905.00 |
-$4,382,165.00 |
-$0.00 |
$7,568,740.00 |
| 23 |
$12,548,265.00 |
-$4,603,188.00 |
-$0.00 |
$7,945,077.00 |
| 24 |
$13,175,835.00 |
-$4,835,389.00 |
-$0.00 |
$8,340,446.00 |
| 25 |
$13,834,470.00 |
-$5,079,084.00 |
-$0.00 |
$8,755,386.00 |
| 26 |
$14,526,450.00 |
-$5,335,117.00 |
-$0.00 |
$9,191,333.00 |
| 27 |
$15,252,630.00 |
-$5,603,803.00 |
-$0.00 |
$9,648,827.00 |
| 28 |
$16,015,290.00 |
-$5,885,988.00 |
-$0.00 |
$10,129,302.00 |
| 29 |
$16,816,140.00 |
-$6,182,302.00 |
-$0.00 |
$10,633,838.00 |
| 30 |
$17,656,890.00 |
-$6,493,380.00 |
-$0.00 |
$11,163,510.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$285,000,000.00 |
-$105,450,000.00 |
-$0.00 |
$179,550,000.00 |
|
