| Cash Option ($105 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $105,000,000.00 |
-$38,810,330.00 |
-$0.00 |
$66,189,670.00 |
| Annuity ($231 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,476,781.00 |
-$1,246,739.00 |
-$0.00 |
$2,230,042.00 |
| 2 |
$3,650,724.00 |
-$1,311,098.00 |
-$0.00 |
$2,339,626.00 |
| 3 |
$3,833,214.00 |
-$1,378,620.00 |
-$0.00 |
$2,454,594.00 |
| 4 |
$4,024,944.00 |
-$1,449,560.00 |
-$0.00 |
$2,575,384.00 |
| 5 |
$4,226,145.00 |
-$1,524,004.00 |
-$0.00 |
$2,702,141.00 |
| 6 |
$4,437,510.00 |
-$1,602,209.00 |
-$0.00 |
$2,835,301.00 |
| 7 |
$4,659,270.00 |
-$1,684,260.00 |
-$0.00 |
$2,975,010.00 |
| 8 |
$4,892,349.00 |
-$1,770,500.00 |
-$0.00 |
$3,121,849.00 |
| 9 |
$5,136,978.00 |
-$1,861,012.00 |
-$0.00 |
$3,275,966.00 |
| 10 |
$5,393,850.00 |
-$1,956,055.00 |
-$0.00 |
$3,437,795.00 |
| 11 |
$5,663,427.00 |
-$2,055,798.00 |
-$0.00 |
$3,607,629.00 |
| 12 |
$5,946,633.00 |
-$2,160,585.00 |
-$0.00 |
$3,786,048.00 |
| 13 |
$6,243,930.00 |
-$2,270,584.00 |
-$0.00 |
$3,973,346.00 |
| 14 |
$6,556,242.00 |
-$2,386,140.00 |
-$0.00 |
$4,170,102.00 |
| 15 |
$6,884,031.00 |
-$2,507,422.00 |
-$0.00 |
$4,376,609.00 |
| 16 |
$7,228,221.00 |
-$2,634,772.00 |
-$0.00 |
$4,593,449.00 |
| 17 |
$7,589,505.00 |
-$2,768,447.00 |
-$0.00 |
$4,821,058.00 |
| 18 |
$7,969,038.00 |
-$2,908,874.00 |
-$0.00 |
$5,060,164.00 |
| 19 |
$8,367,513.00 |
-$3,056,310.00 |
-$0.00 |
$5,311,203.00 |
| 20 |
$8,785,854.00 |
-$3,211,096.00 |
-$0.00 |
$5,574,758.00 |
| 21 |
$9,225,216.00 |
-$3,373,660.00 |
-$0.00 |
$5,851,556.00 |
| 22 |
$9,686,523.00 |
-$3,544,344.00 |
-$0.00 |
$6,142,179.00 |
| 23 |
$10,170,699.00 |
-$3,723,489.00 |
-$0.00 |
$6,447,210.00 |
| 24 |
$10,679,361.00 |
-$3,911,694.00 |
-$0.00 |
$6,767,667.00 |
| 25 |
$11,213,202.00 |
-$4,109,215.00 |
-$0.00 |
$7,103,987.00 |
| 26 |
$11,774,070.00 |
-$4,316,736.00 |
-$0.00 |
$7,457,334.00 |
| 27 |
$12,362,658.00 |
-$4,534,514.00 |
-$0.00 |
$7,828,144.00 |
| 28 |
$12,980,814.00 |
-$4,763,232.00 |
-$0.00 |
$8,217,582.00 |
| 29 |
$13,629,924.00 |
-$5,003,402.00 |
-$0.00 |
$8,626,522.00 |
| 30 |
$14,311,374.00 |
-$5,255,539.00 |
-$0.00 |
$9,055,835.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$231,000,000.00 |
-$85,470,000.00 |
-$0.00 |
$145,530,000.00 |
|
