| Cash Option ($120.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $120,800,000.00 |
-$44,656,330.00 |
-$0.00 |
$76,143,670.00 |
| Annuity ($266 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,003,566.00 |
-$1,441,650.00 |
-$0.00 |
$2,561,916.00 |
| 2 |
$4,203,864.00 |
-$1,515,760.00 |
-$0.00 |
$2,688,104.00 |
| 3 |
$4,414,004.00 |
-$1,593,512.00 |
-$0.00 |
$2,820,492.00 |
| 4 |
$4,634,784.00 |
-$1,675,200.00 |
-$0.00 |
$2,959,584.00 |
| 5 |
$4,866,470.00 |
-$1,760,924.00 |
-$0.00 |
$3,105,546.00 |
| 6 |
$5,109,860.00 |
-$1,850,979.00 |
-$0.00 |
$3,258,881.00 |
| 7 |
$5,365,220.00 |
-$1,945,462.00 |
-$0.00 |
$3,419,758.00 |
| 8 |
$5,633,614.00 |
-$2,044,768.00 |
-$0.00 |
$3,588,846.00 |
| 9 |
$5,915,308.00 |
-$2,148,994.00 |
-$0.00 |
$3,766,314.00 |
| 10 |
$6,211,100.00 |
-$2,258,437.00 |
-$0.00 |
$3,952,663.00 |
| 11 |
$6,521,522.00 |
-$2,373,294.00 |
-$0.00 |
$4,148,228.00 |
| 12 |
$6,847,638.00 |
-$2,493,956.00 |
-$0.00 |
$4,353,682.00 |
| 13 |
$7,189,980.00 |
-$2,620,623.00 |
-$0.00 |
$4,569,357.00 |
| 14 |
$7,549,612.00 |
-$2,753,687.00 |
-$0.00 |
$4,795,925.00 |
| 15 |
$7,927,066.00 |
-$2,893,345.00 |
-$0.00 |
$5,033,721.00 |
| 16 |
$8,323,406.00 |
-$3,039,991.00 |
-$0.00 |
$5,283,415.00 |
| 17 |
$8,739,430.00 |
-$3,193,919.00 |
-$0.00 |
$5,545,511.00 |
| 18 |
$9,176,468.00 |
-$3,355,624.00 |
-$0.00 |
$5,820,844.00 |
| 19 |
$9,635,318.00 |
-$3,525,398.00 |
-$0.00 |
$6,109,920.00 |
| 20 |
$10,117,044.00 |
-$3,703,637.00 |
-$0.00 |
$6,413,407.00 |
| 21 |
$10,622,976.00 |
-$3,890,832.00 |
-$0.00 |
$6,732,144.00 |
| 22 |
$11,154,178.00 |
-$4,087,376.00 |
-$0.00 |
$7,066,802.00 |
| 23 |
$11,711,714.00 |
-$4,293,665.00 |
-$0.00 |
$7,418,049.00 |
| 24 |
$12,297,446.00 |
-$4,510,385.00 |
-$0.00 |
$7,787,061.00 |
| 25 |
$12,912,172.00 |
-$4,737,834.00 |
-$0.00 |
$8,174,338.00 |
| 26 |
$13,558,020.00 |
-$4,976,798.00 |
-$0.00 |
$8,581,222.00 |
| 27 |
$14,235,788.00 |
-$5,227,572.00 |
-$0.00 |
$9,008,216.00 |
| 28 |
$14,947,604.00 |
-$5,490,944.00 |
-$0.00 |
$9,456,660.00 |
| 29 |
$15,695,064.00 |
-$5,767,504.00 |
-$0.00 |
$9,927,560.00 |
| 30 |
$16,479,764.00 |
-$6,057,843.00 |
-$0.00 |
$10,421,921.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$266,000,000.00 |
-$98,420,000.00 |
-$0.00 |
$167,580,000.00 |
|
