| Cash Option ($136.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $136,400,000.00 |
-$50,428,330.00 |
-$0.00 |
$85,971,670.00 |
| Annuity ($311 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,680,861.00 |
-$1,692,249.00 |
-$0.00 |
$2,988,612.00 |
| 2 |
$4,915,044.00 |
-$1,778,897.00 |
-$0.00 |
$3,136,147.00 |
| 3 |
$5,160,734.00 |
-$1,869,802.00 |
-$0.00 |
$3,290,932.00 |
| 4 |
$5,418,864.00 |
-$1,965,310.00 |
-$0.00 |
$3,453,554.00 |
| 5 |
$5,689,745.00 |
-$2,065,536.00 |
-$0.00 |
$3,624,209.00 |
| 6 |
$5,974,310.00 |
-$2,170,825.00 |
-$0.00 |
$3,803,485.00 |
| 7 |
$6,272,870.00 |
-$2,281,292.00 |
-$0.00 |
$3,991,578.00 |
| 8 |
$6,586,669.00 |
-$2,397,398.00 |
-$0.00 |
$4,189,271.00 |
| 9 |
$6,916,018.00 |
-$2,519,257.00 |
-$0.00 |
$4,396,761.00 |
| 10 |
$7,261,850.00 |
-$2,647,215.00 |
-$0.00 |
$4,614,635.00 |
| 11 |
$7,624,787.00 |
-$2,781,502.00 |
-$0.00 |
$4,843,285.00 |
| 12 |
$8,006,073.00 |
-$2,922,577.00 |
-$0.00 |
$5,083,496.00 |
| 13 |
$8,406,330.00 |
-$3,070,672.00 |
-$0.00 |
$5,335,658.00 |
| 14 |
$8,826,802.00 |
-$3,226,247.00 |
-$0.00 |
$5,600,555.00 |
| 15 |
$9,268,111.00 |
-$3,389,531.00 |
-$0.00 |
$5,878,580.00 |
| 16 |
$9,731,501.00 |
-$3,560,986.00 |
-$0.00 |
$6,170,515.00 |
| 17 |
$10,217,905.00 |
-$3,740,955.00 |
-$0.00 |
$6,476,950.00 |
| 18 |
$10,728,878.00 |
-$3,930,015.00 |
-$0.00 |
$6,798,863.00 |
| 19 |
$11,265,353.00 |
-$4,128,511.00 |
-$0.00 |
$7,136,842.00 |
| 20 |
$11,828,574.00 |
-$4,336,903.00 |
-$0.00 |
$7,491,671.00 |
| 21 |
$12,420,096.00 |
-$4,555,766.00 |
-$0.00 |
$7,864,330.00 |
| 22 |
$13,041,163.00 |
-$4,785,561.00 |
-$0.00 |
$8,255,602.00 |
| 23 |
$13,693,019.00 |
-$5,026,747.00 |
-$0.00 |
$8,666,272.00 |
| 24 |
$14,377,841.00 |
-$5,280,132.00 |
-$0.00 |
$9,097,709.00 |
| 25 |
$15,096,562.00 |
-$5,546,058.00 |
-$0.00 |
$9,550,504.00 |
| 26 |
$15,851,670.00 |
-$5,825,448.00 |
-$0.00 |
$10,026,222.00 |
| 27 |
$16,644,098.00 |
-$6,118,647.00 |
-$0.00 |
$10,525,451.00 |
| 28 |
$17,476,334.00 |
-$6,426,574.00 |
-$0.00 |
$11,049,760.00 |
| 29 |
$18,350,244.00 |
-$6,749,921.00 |
-$0.00 |
$11,600,323.00 |
| 30 |
$19,267,694.00 |
-$7,089,377.00 |
-$0.00 |
$12,178,317.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$311,000,000.00 |
-$115,070,000.00 |
-$0.00 |
$195,930,000.00 |
|
