| Cash Option ($115.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $115,100,000.00 |
-$42,547,330.00 |
-$0.00 |
$72,552,670.00 |
| Annuity ($271 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,078,821.00 |
-$1,469,494.00 |
-$0.00 |
$2,609,327.00 |
| 2 |
$4,282,884.00 |
-$1,544,997.00 |
-$0.00 |
$2,737,887.00 |
| 3 |
$4,496,974.00 |
-$1,624,211.00 |
-$0.00 |
$2,872,763.00 |
| 4 |
$4,721,904.00 |
-$1,707,435.00 |
-$0.00 |
$3,014,469.00 |
| 5 |
$4,957,945.00 |
-$1,794,770.00 |
-$0.00 |
$3,163,175.00 |
| 6 |
$5,205,910.00 |
-$1,886,517.00 |
-$0.00 |
$3,319,393.00 |
| 7 |
$5,466,070.00 |
-$1,982,776.00 |
-$0.00 |
$3,483,294.00 |
| 8 |
$5,739,509.00 |
-$2,083,949.00 |
-$0.00 |
$3,655,560.00 |
| 9 |
$6,026,498.00 |
-$2,190,135.00 |
-$0.00 |
$3,836,363.00 |
| 10 |
$6,327,850.00 |
-$2,301,635.00 |
-$0.00 |
$4,026,215.00 |
| 11 |
$6,644,107.00 |
-$2,418,650.00 |
-$0.00 |
$4,225,457.00 |
| 12 |
$6,976,353.00 |
-$2,541,581.00 |
-$0.00 |
$4,434,772.00 |
| 13 |
$7,325,130.00 |
-$2,670,628.00 |
-$0.00 |
$4,654,502.00 |
| 14 |
$7,691,522.00 |
-$2,806,194.00 |
-$0.00 |
$4,885,328.00 |
| 15 |
$8,076,071.00 |
-$2,948,477.00 |
-$0.00 |
$5,127,594.00 |
| 16 |
$8,479,861.00 |
-$3,097,879.00 |
-$0.00 |
$5,381,982.00 |
| 17 |
$8,903,705.00 |
-$3,254,701.00 |
-$0.00 |
$5,649,004.00 |
| 18 |
$9,348,958.00 |
-$3,419,445.00 |
-$0.00 |
$5,929,513.00 |
| 19 |
$9,816,433.00 |
-$3,592,411.00 |
-$0.00 |
$6,224,022.00 |
| 20 |
$10,307,214.00 |
-$3,774,000.00 |
-$0.00 |
$6,533,214.00 |
| 21 |
$10,822,656.00 |
-$3,964,713.00 |
-$0.00 |
$6,857,943.00 |
| 22 |
$11,363,843.00 |
-$4,164,952.00 |
-$0.00 |
$7,198,891.00 |
| 23 |
$11,931,859.00 |
-$4,375,118.00 |
-$0.00 |
$7,556,741.00 |
| 24 |
$12,528,601.00 |
-$4,595,913.00 |
-$0.00 |
$7,932,688.00 |
| 25 |
$13,154,882.00 |
-$4,827,637.00 |
-$0.00 |
$8,327,245.00 |
| 26 |
$13,812,870.00 |
-$5,071,092.00 |
-$0.00 |
$8,741,778.00 |
| 27 |
$14,503,378.00 |
-$5,326,580.00 |
-$0.00 |
$9,176,798.00 |
| 28 |
$15,228,574.00 |
-$5,594,903.00 |
-$0.00 |
$9,633,671.00 |
| 29 |
$15,990,084.00 |
-$5,876,661.00 |
-$0.00 |
$10,113,423.00 |
| 30 |
$16,789,534.00 |
-$6,172,458.00 |
-$0.00 |
$10,617,076.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$271,000,000.00 |
-$100,270,000.00 |
-$0.00 |
$170,730,000.00 |
|
