| Cash Option ($26.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $26,800,000.00 |
-$9,876,330.00 |
-$0.00 |
$16,923,670.00 |
| Annuity ($58 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$872,958.00 |
-$283,325.00 |
-$0.00 |
$589,633.00 |
| 2 |
$916,632.00 |
-$299,484.00 |
-$0.00 |
$617,148.00 |
| 3 |
$962,452.00 |
-$316,438.00 |
-$0.00 |
$646,014.00 |
| 4 |
$1,010,592.00 |
-$334,249.00 |
-$0.00 |
$676,343.00 |
| 5 |
$1,061,110.00 |
-$352,941.00 |
-$0.00 |
$708,169.00 |
| 6 |
$1,114,180.00 |
-$372,577.00 |
-$0.00 |
$741,603.00 |
| 7 |
$1,169,860.00 |
-$393,179.00 |
-$0.00 |
$776,681.00 |
| 8 |
$1,228,382.00 |
-$414,832.00 |
-$0.00 |
$813,550.00 |
| 9 |
$1,289,804.00 |
-$437,558.00 |
-$0.00 |
$852,246.00 |
| 10 |
$1,354,300.00 |
-$461,421.00 |
-$0.00 |
$892,879.00 |
| 11 |
$1,421,986.00 |
-$486,465.00 |
-$0.00 |
$935,521.00 |
| 12 |
$1,493,094.00 |
-$512,775.00 |
-$0.00 |
$980,319.00 |
| 13 |
$1,567,740.00 |
-$540,394.00 |
-$0.00 |
$1,027,346.00 |
| 14 |
$1,646,156.00 |
-$569,408.00 |
-$0.00 |
$1,076,748.00 |
| 15 |
$1,728,458.00 |
-$599,860.00 |
-$0.00 |
$1,128,598.00 |
| 16 |
$1,814,878.00 |
-$631,835.00 |
-$0.00 |
$1,183,043.00 |
| 17 |
$1,905,590.00 |
-$665,399.00 |
-$0.00 |
$1,240,191.00 |
| 18 |
$2,000,884.00 |
-$700,657.00 |
-$0.00 |
$1,300,227.00 |
| 19 |
$2,100,934.00 |
-$737,676.00 |
-$0.00 |
$1,363,258.00 |
| 20 |
$2,205,972.00 |
-$776,540.00 |
-$0.00 |
$1,429,432.00 |
| 21 |
$2,316,288.00 |
-$817,357.00 |
-$0.00 |
$1,498,931.00 |
| 22 |
$2,432,114.00 |
-$860,213.00 |
-$0.00 |
$1,571,901.00 |
| 23 |
$2,553,682.00 |
-$905,193.00 |
-$0.00 |
$1,648,489.00 |
| 24 |
$2,681,398.00 |
-$952,448.00 |
-$0.00 |
$1,728,950.00 |
| 25 |
$2,815,436.00 |
-$1,002,042.00 |
-$0.00 |
$1,813,394.00 |
| 26 |
$2,956,260.00 |
-$1,054,147.00 |
-$0.00 |
$1,902,113.00 |
| 27 |
$3,104,044.00 |
-$1,108,827.00 |
-$0.00 |
$1,995,217.00 |
| 28 |
$3,259,252.00 |
-$1,166,254.00 |
-$0.00 |
$2,092,998.00 |
| 29 |
$3,422,232.00 |
-$1,226,556.00 |
-$0.00 |
$2,195,676.00 |
| 30 |
$3,593,332.00 |
-$1,289,863.00 |
-$0.00 |
$2,303,469.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$58,000,000.00 |
-$21,460,000.00 |
-$0.00 |
$36,540,000.00 |
|
