| Cash Option ($96.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $96,300,000.00 |
-$35,591,330.00 |
-$0.00 |
$60,708,670.00 |
| Annuity ($227 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,416,577.00 |
-$1,224,464.00 |
-$0.00 |
$2,192,113.00 |
| 2 |
$3,587,508.00 |
-$1,287,708.00 |
-$0.00 |
$2,299,800.00 |
| 3 |
$3,766,838.00 |
-$1,354,060.00 |
-$0.00 |
$2,412,778.00 |
| 4 |
$3,955,248.00 |
-$1,423,772.00 |
-$0.00 |
$2,531,476.00 |
| 5 |
$4,152,965.00 |
-$1,496,927.00 |
-$0.00 |
$2,656,038.00 |
| 6 |
$4,360,670.00 |
-$1,573,778.00 |
-$0.00 |
$2,786,892.00 |
| 7 |
$4,578,590.00 |
-$1,654,409.00 |
-$0.00 |
$2,924,181.00 |
| 8 |
$4,807,633.00 |
-$1,739,155.00 |
-$0.00 |
$3,068,478.00 |
| 9 |
$5,048,026.00 |
-$1,828,100.00 |
-$0.00 |
$3,219,926.00 |
| 10 |
$5,300,450.00 |
-$1,921,497.00 |
-$0.00 |
$3,378,953.00 |
| 11 |
$5,565,359.00 |
-$2,019,513.00 |
-$0.00 |
$3,545,846.00 |
| 12 |
$5,843,661.00 |
-$2,122,485.00 |
-$0.00 |
$3,721,176.00 |
| 13 |
$6,135,810.00 |
-$2,230,580.00 |
-$0.00 |
$3,905,230.00 |
| 14 |
$6,442,714.00 |
-$2,344,135.00 |
-$0.00 |
$4,098,579.00 |
| 15 |
$6,764,827.00 |
-$2,463,316.00 |
-$0.00 |
$4,301,511.00 |
| 16 |
$7,103,057.00 |
-$2,588,461.00 |
-$0.00 |
$4,514,596.00 |
| 17 |
$7,458,085.00 |
-$2,719,822.00 |
-$0.00 |
$4,738,263.00 |
| 18 |
$7,831,046.00 |
-$2,857,817.00 |
-$0.00 |
$4,973,229.00 |
| 19 |
$8,222,621.00 |
-$3,002,700.00 |
-$0.00 |
$5,219,921.00 |
| 20 |
$8,633,718.00 |
-$3,154,806.00 |
-$0.00 |
$5,478,912.00 |
| 21 |
$9,065,472.00 |
-$3,314,555.00 |
-$0.00 |
$5,750,917.00 |
| 22 |
$9,518,791.00 |
-$3,482,283.00 |
-$0.00 |
$6,036,508.00 |
| 23 |
$9,994,583.00 |
-$3,658,326.00 |
-$0.00 |
$6,336,257.00 |
| 24 |
$10,494,437.00 |
-$3,843,272.00 |
-$0.00 |
$6,651,165.00 |
| 25 |
$11,019,034.00 |
-$4,037,373.00 |
-$0.00 |
$6,981,661.00 |
| 26 |
$11,570,190.00 |
-$4,241,301.00 |
-$0.00 |
$7,328,889.00 |
| 27 |
$12,148,586.00 |
-$4,455,307.00 |
-$0.00 |
$7,693,279.00 |
| 28 |
$12,756,038.00 |
-$4,680,064.00 |
-$0.00 |
$8,075,974.00 |
| 29 |
$13,393,908.00 |
-$4,916,076.00 |
-$0.00 |
$8,477,832.00 |
| 30 |
$14,063,558.00 |
-$5,163,847.00 |
-$0.00 |
$8,899,711.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$227,000,000.00 |
-$83,990,000.00 |
-$0.00 |
$143,010,000.00 |
|
