| Cash Option ($113.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $113,800,000.00 |
-$42,066,330.00 |
-$0.00 |
$71,733,670.00 |
| Annuity ($253 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,807,903.00 |
-$1,369,254.00 |
-$0.00 |
$2,438,649.00 |
| 2 |
$3,998,412.00 |
-$1,439,743.00 |
-$0.00 |
$2,558,669.00 |
| 3 |
$4,198,282.00 |
-$1,513,695.00 |
-$0.00 |
$2,684,587.00 |
| 4 |
$4,408,272.00 |
-$1,591,391.00 |
-$0.00 |
$2,816,881.00 |
| 5 |
$4,628,635.00 |
-$1,672,925.00 |
-$0.00 |
$2,955,710.00 |
| 6 |
$4,860,130.00 |
-$1,758,578.00 |
-$0.00 |
$3,101,552.00 |
| 7 |
$5,103,010.00 |
-$1,848,444.00 |
-$0.00 |
$3,254,566.00 |
| 8 |
$5,358,287.00 |
-$1,942,897.00 |
-$0.00 |
$3,415,390.00 |
| 9 |
$5,626,214.00 |
-$2,042,030.00 |
-$0.00 |
$3,584,184.00 |
| 10 |
$5,907,550.00 |
-$2,146,124.00 |
-$0.00 |
$3,761,426.00 |
| 11 |
$6,202,801.00 |
-$2,255,367.00 |
-$0.00 |
$3,947,434.00 |
| 12 |
$6,512,979.00 |
-$2,370,133.00 |
-$0.00 |
$4,142,846.00 |
| 13 |
$6,838,590.00 |
-$2,490,609.00 |
-$0.00 |
$4,347,981.00 |
| 14 |
$7,180,646.00 |
-$2,617,169.00 |
-$0.00 |
$4,563,477.00 |
| 15 |
$7,539,653.00 |
-$2,750,002.00 |
-$0.00 |
$4,789,651.00 |
| 16 |
$7,916,623.00 |
-$2,889,481.00 |
-$0.00 |
$5,027,142.00 |
| 17 |
$8,312,315.00 |
-$3,035,887.00 |
-$0.00 |
$5,276,428.00 |
| 18 |
$8,727,994.00 |
-$3,189,688.00 |
-$0.00 |
$5,538,306.00 |
| 19 |
$9,164,419.00 |
-$3,351,165.00 |
-$0.00 |
$5,813,254.00 |
| 20 |
$9,622,602.00 |
-$3,520,693.00 |
-$0.00 |
$6,101,909.00 |
| 21 |
$10,103,808.00 |
-$3,698,739.00 |
-$0.00 |
$6,405,069.00 |
| 22 |
$10,609,049.00 |
-$3,885,679.00 |
-$0.00 |
$6,723,370.00 |
| 23 |
$11,139,337.00 |
-$4,081,885.00 |
-$0.00 |
$7,057,452.00 |
| 24 |
$11,696,443.00 |
-$4,288,014.00 |
-$0.00 |
$7,408,429.00 |
| 25 |
$12,281,126.00 |
-$4,504,347.00 |
-$0.00 |
$7,776,779.00 |
| 26 |
$12,895,410.00 |
-$4,731,632.00 |
-$0.00 |
$8,163,778.00 |
| 27 |
$13,540,054.00 |
-$4,970,150.00 |
-$0.00 |
$8,569,904.00 |
| 28 |
$14,217,082.00 |
-$5,220,651.00 |
-$0.00 |
$8,996,431.00 |
| 29 |
$14,928,012.00 |
-$5,483,695.00 |
-$0.00 |
$9,444,317.00 |
| 30 |
$15,674,362.00 |
-$5,759,844.00 |
-$0.00 |
$9,914,518.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$253,000,000.00 |
-$93,610,000.00 |
-$0.00 |
$159,390,000.00 |
|
