| Cash Option ($74.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $74,200,000.00 |
-$27,414,330.00 |
-$0.00 |
$46,785,670.00 |
| Annuity ($162 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,438,262.00 |
-$862,487.00 |
-$0.00 |
$1,575,775.00 |
| 2 |
$2,560,248.00 |
-$907,622.00 |
-$0.00 |
$1,652,626.00 |
| 3 |
$2,688,228.00 |
-$954,975.00 |
-$0.00 |
$1,733,253.00 |
| 4 |
$2,822,688.00 |
-$1,004,725.00 |
-$0.00 |
$1,817,963.00 |
| 5 |
$2,963,790.00 |
-$1,056,933.00 |
-$0.00 |
$1,906,857.00 |
| 6 |
$3,112,020.00 |
-$1,111,778.00 |
-$0.00 |
$2,000,242.00 |
| 7 |
$3,267,540.00 |
-$1,169,320.00 |
-$0.00 |
$2,098,220.00 |
| 8 |
$3,430,998.00 |
-$1,229,800.00 |
-$0.00 |
$2,201,198.00 |
| 9 |
$3,602,556.00 |
-$1,293,276.00 |
-$0.00 |
$2,309,280.00 |
| 10 |
$3,782,700.00 |
-$1,359,929.00 |
-$0.00 |
$2,422,771.00 |
| 11 |
$3,971,754.00 |
-$1,429,879.00 |
-$0.00 |
$2,541,875.00 |
| 12 |
$4,170,366.00 |
-$1,503,366.00 |
-$0.00 |
$2,667,000.00 |
| 13 |
$4,378,860.00 |
-$1,580,509.00 |
-$0.00 |
$2,798,351.00 |
| 14 |
$4,597,884.00 |
-$1,661,547.00 |
-$0.00 |
$2,936,337.00 |
| 15 |
$4,827,762.00 |
-$1,746,602.00 |
-$0.00 |
$3,081,160.00 |
| 16 |
$5,069,142.00 |
-$1,835,913.00 |
-$0.00 |
$3,233,229.00 |
| 17 |
$5,322,510.00 |
-$1,929,659.00 |
-$0.00 |
$3,392,851.00 |
| 18 |
$5,588,676.00 |
-$2,028,141.00 |
-$0.00 |
$3,560,535.00 |
| 19 |
$5,868,126.00 |
-$2,131,537.00 |
-$0.00 |
$3,736,589.00 |
| 20 |
$6,161,508.00 |
-$2,240,088.00 |
-$0.00 |
$3,921,420.00 |
| 21 |
$6,469,632.00 |
-$2,354,094.00 |
-$0.00 |
$4,115,538.00 |
| 22 |
$6,793,146.00 |
-$2,473,794.00 |
-$0.00 |
$4,319,352.00 |
| 23 |
$7,132,698.00 |
-$2,599,429.00 |
-$0.00 |
$4,533,269.00 |
| 24 |
$7,489,422.00 |
-$2,731,417.00 |
-$0.00 |
$4,758,005.00 |
| 25 |
$7,863,804.00 |
-$2,869,938.00 |
-$0.00 |
$4,993,866.00 |
| 26 |
$8,257,140.00 |
-$3,015,472.00 |
-$0.00 |
$5,241,668.00 |
| 27 |
$8,669,916.00 |
-$3,168,199.00 |
-$0.00 |
$5,501,717.00 |
| 28 |
$9,103,428.00 |
-$3,328,599.00 |
-$0.00 |
$5,774,829.00 |
| 29 |
$9,558,648.00 |
-$3,497,030.00 |
-$0.00 |
$6,061,618.00 |
| 30 |
$10,036,548.00 |
-$3,673,853.00 |
-$0.00 |
$6,362,695.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$162,000,000.00 |
-$59,940,000.00 |
-$0.00 |
$102,060,000.00 |
|
