| Cash Option ($106.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $106,600,000.00 |
-$39,402,330.00 |
-$0.00 |
$67,197,670.00 |
| Annuity ($251 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,777,801.00 |
-$1,358,117.00 |
-$0.00 |
$2,419,684.00 |
| 2 |
$3,966,804.00 |
-$1,428,048.00 |
-$0.00 |
$2,538,756.00 |
| 3 |
$4,165,094.00 |
-$1,501,415.00 |
-$0.00 |
$2,663,679.00 |
| 4 |
$4,373,424.00 |
-$1,578,497.00 |
-$0.00 |
$2,794,927.00 |
| 5 |
$4,592,045.00 |
-$1,659,387.00 |
-$0.00 |
$2,932,658.00 |
| 6 |
$4,821,710.00 |
-$1,744,363.00 |
-$0.00 |
$3,077,347.00 |
| 7 |
$5,062,670.00 |
-$1,833,518.00 |
-$0.00 |
$3,229,152.00 |
| 8 |
$5,315,929.00 |
-$1,927,224.00 |
-$0.00 |
$3,388,705.00 |
| 9 |
$5,581,738.00 |
-$2,025,573.00 |
-$0.00 |
$3,556,165.00 |
| 10 |
$5,860,850.00 |
-$2,128,845.00 |
-$0.00 |
$3,732,005.00 |
| 11 |
$6,153,767.00 |
-$2,237,224.00 |
-$0.00 |
$3,916,543.00 |
| 12 |
$6,461,493.00 |
-$2,351,083.00 |
-$0.00 |
$4,110,410.00 |
| 13 |
$6,784,530.00 |
-$2,470,606.00 |
-$0.00 |
$4,313,924.00 |
| 14 |
$7,123,882.00 |
-$2,596,167.00 |
-$0.00 |
$4,527,715.00 |
| 15 |
$7,480,051.00 |
-$2,727,949.00 |
-$0.00 |
$4,752,102.00 |
| 16 |
$7,854,041.00 |
-$2,866,326.00 |
-$0.00 |
$4,987,715.00 |
| 17 |
$8,246,605.00 |
-$3,011,574.00 |
-$0.00 |
$5,235,031.00 |
| 18 |
$8,658,998.00 |
-$3,164,160.00 |
-$0.00 |
$5,494,838.00 |
| 19 |
$9,091,973.00 |
-$3,324,360.00 |
-$0.00 |
$5,767,613.00 |
| 20 |
$9,546,534.00 |
-$3,492,548.00 |
-$0.00 |
$6,053,986.00 |
| 21 |
$10,023,936.00 |
-$3,669,187.00 |
-$0.00 |
$6,354,749.00 |
| 22 |
$10,525,183.00 |
-$3,854,648.00 |
-$0.00 |
$6,670,535.00 |
| 23 |
$11,051,279.00 |
-$4,049,304.00 |
-$0.00 |
$7,001,975.00 |
| 24 |
$11,603,981.00 |
-$4,253,803.00 |
-$0.00 |
$7,350,178.00 |
| 25 |
$12,184,042.00 |
-$4,468,426.00 |
-$0.00 |
$7,715,616.00 |
| 26 |
$12,793,470.00 |
-$4,693,914.00 |
-$0.00 |
$8,099,556.00 |
| 27 |
$13,433,018.00 |
-$4,930,547.00 |
-$0.00 |
$8,502,471.00 |
| 28 |
$14,104,694.00 |
-$5,179,067.00 |
-$0.00 |
$8,925,627.00 |
| 29 |
$14,810,004.00 |
-$5,440,032.00 |
-$0.00 |
$9,369,972.00 |
| 30 |
$15,550,454.00 |
-$5,713,998.00 |
-$0.00 |
$9,836,456.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$251,000,000.00 |
-$92,870,000.00 |
-$0.00 |
$158,130,000.00 |
|
