| Cash Option ($153.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $153,100,000.00 |
-$56,607,330.00 |
-$0.00 |
$96,492,670.00 |
| Annuity ($331 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,981,881.00 |
-$1,803,626.00 |
-$0.00 |
$3,178,255.00 |
| 2 |
$5,231,124.00 |
-$1,895,846.00 |
-$0.00 |
$3,335,278.00 |
| 3 |
$5,492,614.00 |
-$1,992,598.00 |
-$0.00 |
$3,500,016.00 |
| 4 |
$5,767,344.00 |
-$2,094,248.00 |
-$0.00 |
$3,673,096.00 |
| 5 |
$6,055,645.00 |
-$2,200,919.00 |
-$0.00 |
$3,854,726.00 |
| 6 |
$6,358,510.00 |
-$2,312,979.00 |
-$0.00 |
$4,045,531.00 |
| 7 |
$6,676,270.00 |
-$2,430,550.00 |
-$0.00 |
$4,245,720.00 |
| 8 |
$7,010,249.00 |
-$2,554,123.00 |
-$0.00 |
$4,456,126.00 |
| 9 |
$7,360,778.00 |
-$2,683,818.00 |
-$0.00 |
$4,676,960.00 |
| 10 |
$7,728,850.00 |
-$2,820,005.00 |
-$0.00 |
$4,908,845.00 |
| 11 |
$8,115,127.00 |
-$2,962,927.00 |
-$0.00 |
$5,152,200.00 |
| 12 |
$8,520,933.00 |
-$3,113,076.00 |
-$0.00 |
$5,407,857.00 |
| 13 |
$8,946,930.00 |
-$3,270,694.00 |
-$0.00 |
$5,676,236.00 |
| 14 |
$9,394,442.00 |
-$3,436,274.00 |
-$0.00 |
$5,958,168.00 |
| 15 |
$9,864,131.00 |
-$3,610,059.00 |
-$0.00 |
$6,254,072.00 |
| 16 |
$10,357,321.00 |
-$3,792,539.00 |
-$0.00 |
$6,564,782.00 |
| 17 |
$10,875,005.00 |
-$3,984,082.00 |
-$0.00 |
$6,890,923.00 |
| 18 |
$11,418,838.00 |
-$4,185,300.00 |
-$0.00 |
$7,233,538.00 |
| 19 |
$11,989,813.00 |
-$4,396,561.00 |
-$0.00 |
$7,593,252.00 |
| 20 |
$12,589,254.00 |
-$4,618,354.00 |
-$0.00 |
$7,970,900.00 |
| 21 |
$13,218,816.00 |
-$4,851,292.00 |
-$0.00 |
$8,367,524.00 |
| 22 |
$13,879,823.00 |
-$5,095,865.00 |
-$0.00 |
$8,783,958.00 |
| 23 |
$14,573,599.00 |
-$5,352,562.00 |
-$0.00 |
$9,221,037.00 |
| 24 |
$15,302,461.00 |
-$5,622,241.00 |
-$0.00 |
$9,680,220.00 |
| 25 |
$16,067,402.00 |
-$5,905,269.00 |
-$0.00 |
$10,162,133.00 |
| 26 |
$16,871,070.00 |
-$6,202,626.00 |
-$0.00 |
$10,668,444.00 |
| 27 |
$17,714,458.00 |
-$6,514,680.00 |
-$0.00 |
$11,199,778.00 |
| 28 |
$18,600,214.00 |
-$6,842,410.00 |
-$0.00 |
$11,757,804.00 |
| 29 |
$19,530,324.00 |
-$7,186,550.00 |
-$0.00 |
$12,343,774.00 |
| 30 |
$20,506,774.00 |
-$7,547,837.00 |
-$0.00 |
$12,958,937.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$331,000,000.00 |
-$122,470,000.00 |
-$0.00 |
$208,530,000.00 |
|
