| Cash Option ($124.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $124,100,000.00 |
-$45,877,330.00 |
-$0.00 |
$78,222,670.00 |
| Annuity ($300 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,515,300.00 |
-$1,630,991.00 |
-$0.00 |
$2,884,309.00 |
| 2 |
$4,741,200.00 |
-$1,714,574.00 |
-$0.00 |
$3,026,626.00 |
| 3 |
$4,978,200.00 |
-$1,802,264.00 |
-$0.00 |
$3,175,936.00 |
| 4 |
$5,227,200.00 |
-$1,894,394.00 |
-$0.00 |
$3,332,806.00 |
| 5 |
$5,488,500.00 |
-$1,991,075.00 |
-$0.00 |
$3,497,425.00 |
| 6 |
$5,763,000.00 |
-$2,092,640.00 |
-$0.00 |
$3,670,360.00 |
| 7 |
$6,051,000.00 |
-$2,199,200.00 |
-$0.00 |
$3,851,800.00 |
| 8 |
$6,353,700.00 |
-$2,311,199.00 |
-$0.00 |
$4,042,501.00 |
| 9 |
$6,671,400.00 |
-$2,428,748.00 |
-$0.00 |
$4,242,652.00 |
| 10 |
$7,005,000.00 |
-$2,552,180.00 |
-$0.00 |
$4,452,820.00 |
| 11 |
$7,355,100.00 |
-$2,681,717.00 |
-$0.00 |
$4,673,383.00 |
| 12 |
$7,722,900.00 |
-$2,817,803.00 |
-$0.00 |
$4,905,097.00 |
| 13 |
$8,109,000.00 |
-$2,960,660.00 |
-$0.00 |
$5,148,340.00 |
| 14 |
$8,514,600.00 |
-$3,110,732.00 |
-$0.00 |
$5,403,868.00 |
| 15 |
$8,940,300.00 |
-$3,268,241.00 |
-$0.00 |
$5,672,059.00 |
| 16 |
$9,387,300.00 |
-$3,433,631.00 |
-$0.00 |
$5,953,669.00 |
| 17 |
$9,856,500.00 |
-$3,607,235.00 |
-$0.00 |
$6,249,265.00 |
| 18 |
$10,349,400.00 |
-$3,789,608.00 |
-$0.00 |
$6,559,792.00 |
| 19 |
$10,866,900.00 |
-$3,981,083.00 |
-$0.00 |
$6,885,817.00 |
| 20 |
$11,410,200.00 |
-$4,182,104.00 |
-$0.00 |
$7,228,096.00 |
| 21 |
$11,980,800.00 |
-$4,393,226.00 |
-$0.00 |
$7,587,574.00 |
| 22 |
$12,579,900.00 |
-$4,614,893.00 |
-$0.00 |
$7,965,007.00 |
| 23 |
$13,208,700.00 |
-$4,847,549.00 |
-$0.00 |
$8,361,151.00 |
| 24 |
$13,869,300.00 |
-$5,091,971.00 |
-$0.00 |
$8,777,329.00 |
| 25 |
$14,562,600.00 |
-$5,348,492.00 |
-$0.00 |
$9,214,108.00 |
| 26 |
$15,291,000.00 |
-$5,618,000.00 |
-$0.00 |
$9,673,000.00 |
| 27 |
$16,055,400.00 |
-$5,900,828.00 |
-$0.00 |
$10,154,572.00 |
| 28 |
$16,858,200.00 |
-$6,197,864.00 |
-$0.00 |
$10,660,336.00 |
| 29 |
$17,701,200.00 |
-$6,509,774.00 |
-$0.00 |
$11,191,426.00 |
| 30 |
$18,586,200.00 |
-$6,837,224.00 |
-$0.00 |
$11,748,976.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$300,000,000.00 |
-$111,000,000.00 |
-$0.00 |
$189,000,000.00 |
|
