| Cash Option ($191.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $191,200,000.00 |
-$70,704,330.00 |
-$0.00 |
$120,495,670.00 |
| Annuity ($430 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$6,471,930.00 |
-$2,354,944.00 |
-$0.00 |
$4,116,986.00 |
| 2 |
$6,795,720.00 |
-$2,474,747.00 |
-$0.00 |
$4,320,973.00 |
| 3 |
$7,135,420.00 |
-$2,600,436.00 |
-$0.00 |
$4,534,984.00 |
| 4 |
$7,492,320.00 |
-$2,732,489.00 |
-$0.00 |
$4,759,831.00 |
| 5 |
$7,866,850.00 |
-$2,871,065.00 |
-$0.00 |
$4,995,785.00 |
| 6 |
$8,260,300.00 |
-$3,016,641.00 |
-$0.00 |
$5,243,659.00 |
| 7 |
$8,673,100.00 |
-$3,169,377.00 |
-$0.00 |
$5,503,723.00 |
| 8 |
$9,106,970.00 |
-$3,329,909.00 |
-$0.00 |
$5,777,061.00 |
| 9 |
$9,562,340.00 |
-$3,498,396.00 |
-$0.00 |
$6,063,944.00 |
| 10 |
$10,040,500.00 |
-$3,675,315.00 |
-$0.00 |
$6,365,185.00 |
| 11 |
$10,542,310.00 |
-$3,860,985.00 |
-$0.00 |
$6,681,325.00 |
| 12 |
$11,069,490.00 |
-$4,056,042.00 |
-$0.00 |
$7,013,448.00 |
| 13 |
$11,622,900.00 |
-$4,260,803.00 |
-$0.00 |
$7,362,097.00 |
| 14 |
$12,204,260.00 |
-$4,475,907.00 |
-$0.00 |
$7,728,353.00 |
| 15 |
$12,814,430.00 |
-$4,701,669.00 |
-$0.00 |
$8,112,761.00 |
| 16 |
$13,455,130.00 |
-$4,938,728.00 |
-$0.00 |
$8,516,402.00 |
| 17 |
$14,127,650.00 |
-$5,187,561.00 |
-$0.00 |
$8,940,089.00 |
| 18 |
$14,834,140.00 |
-$5,448,962.00 |
-$0.00 |
$9,385,178.00 |
| 19 |
$15,575,890.00 |
-$5,723,410.00 |
-$0.00 |
$9,852,480.00 |
| 20 |
$16,354,620.00 |
-$6,011,540.00 |
-$0.00 |
$10,343,080.00 |
| 21 |
$17,172,480.00 |
-$6,314,148.00 |
-$0.00 |
$10,858,332.00 |
| 22 |
$18,031,190.00 |
-$6,631,871.00 |
-$0.00 |
$11,399,319.00 |
| 23 |
$18,932,470.00 |
-$6,965,344.00 |
-$0.00 |
$11,967,126.00 |
| 24 |
$19,879,330.00 |
-$7,315,682.00 |
-$0.00 |
$12,563,648.00 |
| 25 |
$20,873,060.00 |
-$7,683,363.00 |
-$0.00 |
$13,189,697.00 |
| 26 |
$21,917,100.00 |
-$8,069,657.00 |
-$0.00 |
$13,847,443.00 |
| 27 |
$23,012,740.00 |
-$8,475,044.00 |
-$0.00 |
$14,537,696.00 |
| 28 |
$24,163,420.00 |
-$8,900,796.00 |
-$0.00 |
$15,262,624.00 |
| 29 |
$25,371,720.00 |
-$9,347,867.00 |
-$0.00 |
$16,023,853.00 |
| 30 |
$26,640,220.00 |
-$9,817,212.00 |
-$0.00 |
$16,823,008.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$430,000,000.00 |
-$159,100,000.00 |
-$0.00 |
$270,900,000.00 |
|
