| Cash Option ($63.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $63,300,000.00 |
-$23,381,330.00 |
-$0.00 |
$39,918,670.00 |
| Annuity ($138 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,077,038.00 |
-$728,834.00 |
-$0.00 |
$1,348,204.00 |
| 2 |
$2,180,952.00 |
-$767,283.00 |
-$0.00 |
$1,413,669.00 |
| 3 |
$2,289,972.00 |
-$807,620.00 |
-$0.00 |
$1,482,352.00 |
| 4 |
$2,404,512.00 |
-$850,000.00 |
-$0.00 |
$1,554,512.00 |
| 5 |
$2,524,710.00 |
-$894,473.00 |
-$0.00 |
$1,630,237.00 |
| 6 |
$2,650,980.00 |
-$941,193.00 |
-$0.00 |
$1,709,787.00 |
| 7 |
$2,783,460.00 |
-$990,211.00 |
-$0.00 |
$1,793,249.00 |
| 8 |
$2,922,702.00 |
-$1,041,730.00 |
-$0.00 |
$1,880,972.00 |
| 9 |
$3,068,844.00 |
-$1,095,803.00 |
-$0.00 |
$1,973,041.00 |
| 10 |
$3,222,300.00 |
-$1,152,581.00 |
-$0.00 |
$2,069,719.00 |
| 11 |
$3,383,346.00 |
-$1,212,168.00 |
-$0.00 |
$2,171,178.00 |
| 12 |
$3,552,534.00 |
-$1,274,768.00 |
-$0.00 |
$2,277,766.00 |
| 13 |
$3,730,140.00 |
-$1,340,482.00 |
-$0.00 |
$2,389,658.00 |
| 14 |
$3,916,716.00 |
-$1,409,515.00 |
-$0.00 |
$2,507,201.00 |
| 15 |
$4,112,538.00 |
-$1,481,969.00 |
-$0.00 |
$2,630,569.00 |
| 16 |
$4,318,158.00 |
-$1,558,049.00 |
-$0.00 |
$2,760,109.00 |
| 17 |
$4,533,990.00 |
-$1,637,907.00 |
-$0.00 |
$2,896,083.00 |
| 18 |
$4,760,724.00 |
-$1,721,798.00 |
-$0.00 |
$3,038,926.00 |
| 19 |
$4,998,774.00 |
-$1,809,877.00 |
-$0.00 |
$3,188,897.00 |
| 20 |
$5,248,692.00 |
-$1,902,346.00 |
-$0.00 |
$3,346,346.00 |
| 21 |
$5,511,168.00 |
-$1,999,463.00 |
-$0.00 |
$3,511,705.00 |
| 22 |
$5,786,754.00 |
-$2,101,429.00 |
-$0.00 |
$3,685,325.00 |
| 23 |
$6,076,002.00 |
-$2,208,451.00 |
-$0.00 |
$3,867,551.00 |
| 24 |
$6,379,878.00 |
-$2,320,885.00 |
-$0.00 |
$4,058,993.00 |
| 25 |
$6,698,796.00 |
-$2,438,885.00 |
-$0.00 |
$4,259,911.00 |
| 26 |
$7,033,860.00 |
-$2,562,859.00 |
-$0.00 |
$4,471,001.00 |
| 27 |
$7,385,484.00 |
-$2,692,959.00 |
-$0.00 |
$4,692,525.00 |
| 28 |
$7,754,772.00 |
-$2,829,596.00 |
-$0.00 |
$4,925,176.00 |
| 29 |
$8,142,552.00 |
-$2,973,075.00 |
-$0.00 |
$5,169,477.00 |
| 30 |
$8,549,652.00 |
-$3,123,702.00 |
-$0.00 |
$5,425,950.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$138,000,000.00 |
-$51,060,000.00 |
-$0.00 |
$86,940,000.00 |
|
