| Cash Option ($37.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $37,700,000.00 |
-$13,909,330.00 |
-$0.00 |
$23,790,670.00 |
| Annuity ($82 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,234,182.00 |
-$416,978.00 |
-$0.00 |
$817,204.00 |
| 2 |
$1,295,928.00 |
-$439,824.00 |
-$0.00 |
$856,104.00 |
| 3 |
$1,360,708.00 |
-$463,792.00 |
-$0.00 |
$896,916.00 |
| 4 |
$1,428,768.00 |
-$488,975.00 |
-$0.00 |
$939,793.00 |
| 5 |
$1,500,190.00 |
-$515,401.00 |
-$0.00 |
$984,789.00 |
| 6 |
$1,575,220.00 |
-$543,162.00 |
-$0.00 |
$1,032,058.00 |
| 7 |
$1,653,940.00 |
-$572,288.00 |
-$0.00 |
$1,081,652.00 |
| 8 |
$1,736,678.00 |
-$602,901.00 |
-$0.00 |
$1,133,777.00 |
| 9 |
$1,823,516.00 |
-$635,031.00 |
-$0.00 |
$1,188,485.00 |
| 10 |
$1,914,700.00 |
-$668,769.00 |
-$0.00 |
$1,245,931.00 |
| 11 |
$2,010,394.00 |
-$704,176.00 |
-$0.00 |
$1,306,218.00 |
| 12 |
$2,110,926.00 |
-$741,373.00 |
-$0.00 |
$1,369,553.00 |
| 13 |
$2,216,460.00 |
-$780,421.00 |
-$0.00 |
$1,436,039.00 |
| 14 |
$2,327,324.00 |
-$821,440.00 |
-$0.00 |
$1,505,884.00 |
| 15 |
$2,443,682.00 |
-$864,493.00 |
-$0.00 |
$1,579,189.00 |
| 16 |
$2,565,862.00 |
-$909,699.00 |
-$0.00 |
$1,656,163.00 |
| 17 |
$2,694,110.00 |
-$957,151.00 |
-$0.00 |
$1,736,959.00 |
| 18 |
$2,828,836.00 |
-$1,007,000.00 |
-$0.00 |
$1,821,836.00 |
| 19 |
$2,970,286.00 |
-$1,059,336.00 |
-$0.00 |
$1,910,950.00 |
| 20 |
$3,118,788.00 |
-$1,114,282.00 |
-$0.00 |
$2,004,506.00 |
| 21 |
$3,274,752.00 |
-$1,171,989.00 |
-$0.00 |
$2,102,763.00 |
| 22 |
$3,438,506.00 |
-$1,232,578.00 |
-$0.00 |
$2,205,928.00 |
| 23 |
$3,610,378.00 |
-$1,296,170.00 |
-$0.00 |
$2,314,208.00 |
| 24 |
$3,790,942.00 |
-$1,362,979.00 |
-$0.00 |
$2,427,963.00 |
| 25 |
$3,980,444.00 |
-$1,433,095.00 |
-$0.00 |
$2,547,349.00 |
| 26 |
$4,179,540.00 |
-$1,506,760.00 |
-$0.00 |
$2,672,780.00 |
| 27 |
$4,388,476.00 |
-$1,584,067.00 |
-$0.00 |
$2,804,409.00 |
| 28 |
$4,607,908.00 |
-$1,665,256.00 |
-$0.00 |
$2,942,652.00 |
| 29 |
$4,838,328.00 |
-$1,750,512.00 |
-$0.00 |
$3,087,816.00 |
| 30 |
$5,080,228.00 |
-$1,840,015.00 |
-$0.00 |
$3,240,213.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$82,000,000.00 |
-$30,340,000.00 |
-$0.00 |
$51,660,000.00 |
|
