| Cash Option ($173.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $173,300,000.00 |
-$64,081,330.00 |
-$0.00 |
$109,218,670.00 |
| Annuity ($392 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,899,992.00 |
-$2,143,327.00 |
-$0.00 |
$3,756,665.00 |
| 2 |
$6,195,168.00 |
-$2,252,543.00 |
-$0.00 |
$3,942,625.00 |
| 3 |
$6,504,848.00 |
-$2,367,124.00 |
-$0.00 |
$4,137,724.00 |
| 4 |
$6,830,208.00 |
-$2,487,507.00 |
-$0.00 |
$4,342,701.00 |
| 5 |
$7,171,640.00 |
-$2,613,837.00 |
-$0.00 |
$4,557,803.00 |
| 6 |
$7,530,320.00 |
-$2,746,549.00 |
-$0.00 |
$4,783,771.00 |
| 7 |
$7,906,640.00 |
-$2,885,787.00 |
-$0.00 |
$5,020,853.00 |
| 8 |
$8,302,168.00 |
-$3,032,133.00 |
-$0.00 |
$5,270,035.00 |
| 9 |
$8,717,296.00 |
-$3,185,730.00 |
-$0.00 |
$5,531,566.00 |
| 10 |
$9,153,200.00 |
-$3,347,014.00 |
-$0.00 |
$5,806,186.00 |
| 11 |
$9,610,664.00 |
-$3,516,276.00 |
-$0.00 |
$6,094,388.00 |
| 12 |
$10,091,256.00 |
-$3,694,095.00 |
-$0.00 |
$6,397,161.00 |
| 13 |
$10,595,760.00 |
-$3,880,762.00 |
-$0.00 |
$6,714,998.00 |
| 14 |
$11,125,744.00 |
-$4,076,856.00 |
-$0.00 |
$7,048,888.00 |
| 15 |
$11,681,992.00 |
-$4,282,667.00 |
-$0.00 |
$7,399,325.00 |
| 16 |
$12,266,072.00 |
-$4,498,777.00 |
-$0.00 |
$7,767,295.00 |
| 17 |
$12,879,160.00 |
-$4,725,620.00 |
-$0.00 |
$8,153,540.00 |
| 18 |
$13,523,216.00 |
-$4,963,920.00 |
-$0.00 |
$8,559,296.00 |
| 19 |
$14,199,416.00 |
-$5,214,114.00 |
-$0.00 |
$8,985,302.00 |
| 20 |
$14,909,328.00 |
-$5,476,782.00 |
-$0.00 |
$9,432,546.00 |
| 21 |
$15,654,912.00 |
-$5,752,648.00 |
-$0.00 |
$9,902,264.00 |
| 22 |
$16,437,736.00 |
-$6,042,293.00 |
-$0.00 |
$10,395,443.00 |
| 23 |
$17,259,368.00 |
-$6,346,297.00 |
-$0.00 |
$10,913,071.00 |
| 24 |
$18,122,552.00 |
-$6,665,675.00 |
-$0.00 |
$11,456,877.00 |
| 25 |
$19,028,464.00 |
-$7,000,862.00 |
-$0.00 |
$12,027,602.00 |
| 26 |
$19,980,240.00 |
-$7,353,019.00 |
-$0.00 |
$12,627,221.00 |
| 27 |
$20,979,056.00 |
-$7,722,581.00 |
-$0.00 |
$13,256,475.00 |
| 28 |
$22,028,048.00 |
-$8,110,708.00 |
-$0.00 |
$13,917,340.00 |
| 29 |
$23,129,568.00 |
-$8,518,271.00 |
-$0.00 |
$14,611,297.00 |
| 30 |
$24,285,968.00 |
-$8,946,139.00 |
-$0.00 |
$15,339,829.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$392,000,000.00 |
-$145,040,000.00 |
-$0.00 |
$246,960,000.00 |
|
