| Cash Option ($144.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $144,600,000.00 |
-$53,462,330.00 |
-$0.00 |
$91,137,670.00 |
| Annuity ($304 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,575,504.00 |
-$1,653,267.00 |
-$0.00 |
$2,922,237.00 |
| 2 |
$4,804,416.00 |
-$1,737,964.00 |
-$0.00 |
$3,066,452.00 |
| 3 |
$5,044,576.00 |
-$1,826,824.00 |
-$0.00 |
$3,217,752.00 |
| 4 |
$5,296,896.00 |
-$1,920,182.00 |
-$0.00 |
$3,376,714.00 |
| 5 |
$5,561,680.00 |
-$2,018,152.00 |
-$0.00 |
$3,543,528.00 |
| 6 |
$5,839,840.00 |
-$2,121,071.00 |
-$0.00 |
$3,718,769.00 |
| 7 |
$6,131,680.00 |
-$2,229,052.00 |
-$0.00 |
$3,902,628.00 |
| 8 |
$6,438,416.00 |
-$2,342,544.00 |
-$0.00 |
$4,095,872.00 |
| 9 |
$6,760,352.00 |
-$2,461,661.00 |
-$0.00 |
$4,298,691.00 |
| 10 |
$7,098,400.00 |
-$2,586,738.00 |
-$0.00 |
$4,511,662.00 |
| 11 |
$7,453,168.00 |
-$2,718,003.00 |
-$0.00 |
$4,735,165.00 |
| 12 |
$7,825,872.00 |
-$2,855,903.00 |
-$0.00 |
$4,969,969.00 |
| 13 |
$8,217,120.00 |
-$3,000,665.00 |
-$0.00 |
$5,216,455.00 |
| 14 |
$8,628,128.00 |
-$3,152,738.00 |
-$0.00 |
$5,475,390.00 |
| 15 |
$9,059,504.00 |
-$3,312,347.00 |
-$0.00 |
$5,747,157.00 |
| 16 |
$9,512,464.00 |
-$3,479,942.00 |
-$0.00 |
$6,032,522.00 |
| 17 |
$9,987,920.00 |
-$3,655,861.00 |
-$0.00 |
$6,332,059.00 |
| 18 |
$10,487,392.00 |
-$3,840,665.00 |
-$0.00 |
$6,646,727.00 |
| 19 |
$11,011,792.00 |
-$4,034,693.00 |
-$0.00 |
$6,977,099.00 |
| 20 |
$11,562,336.00 |
-$4,238,395.00 |
-$0.00 |
$7,323,941.00 |
| 21 |
$12,140,544.00 |
-$4,452,332.00 |
-$0.00 |
$7,688,212.00 |
| 22 |
$12,747,632.00 |
-$4,676,954.00 |
-$0.00 |
$8,070,678.00 |
| 23 |
$13,384,816.00 |
-$4,912,712.00 |
-$0.00 |
$8,472,104.00 |
| 24 |
$14,054,224.00 |
-$5,160,393.00 |
-$0.00 |
$8,893,831.00 |
| 25 |
$14,756,768.00 |
-$5,420,335.00 |
-$0.00 |
$9,336,433.00 |
| 26 |
$15,494,880.00 |
-$5,693,436.00 |
-$0.00 |
$9,801,444.00 |
| 27 |
$16,269,472.00 |
-$5,980,035.00 |
-$0.00 |
$10,289,437.00 |
| 28 |
$17,082,976.00 |
-$6,281,032.00 |
-$0.00 |
$10,801,944.00 |
| 29 |
$17,937,216.00 |
-$6,597,100.00 |
-$0.00 |
$11,340,116.00 |
| 30 |
$18,834,016.00 |
-$6,928,916.00 |
-$0.00 |
$11,905,100.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$304,000,000.00 |
-$112,480,000.00 |
-$0.00 |
$191,520,000.00 |
|
