| Cash Option ($100.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $100,300,000.00 |
-$37,071,330.00 |
-$0.00 |
$63,228,670.00 |
| Annuity ($225 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,386,475.00 |
-$1,213,326.00 |
-$0.00 |
$2,173,149.00 |
| 2 |
$3,555,900.00 |
-$1,276,013.00 |
-$0.00 |
$2,279,887.00 |
| 3 |
$3,733,650.00 |
-$1,341,781.00 |
-$0.00 |
$2,391,869.00 |
| 4 |
$3,920,400.00 |
-$1,410,878.00 |
-$0.00 |
$2,509,522.00 |
| 5 |
$4,116,375.00 |
-$1,483,389.00 |
-$0.00 |
$2,632,986.00 |
| 6 |
$4,322,250.00 |
-$1,559,563.00 |
-$0.00 |
$2,762,687.00 |
| 7 |
$4,538,250.00 |
-$1,639,483.00 |
-$0.00 |
$2,898,767.00 |
| 8 |
$4,765,275.00 |
-$1,723,482.00 |
-$0.00 |
$3,041,793.00 |
| 9 |
$5,003,550.00 |
-$1,811,644.00 |
-$0.00 |
$3,191,906.00 |
| 10 |
$5,253,750.00 |
-$1,904,218.00 |
-$0.00 |
$3,349,532.00 |
| 11 |
$5,516,325.00 |
-$2,001,371.00 |
-$0.00 |
$3,514,954.00 |
| 12 |
$5,792,175.00 |
-$2,103,435.00 |
-$0.00 |
$3,688,740.00 |
| 13 |
$6,081,750.00 |
-$2,210,578.00 |
-$0.00 |
$3,871,172.00 |
| 14 |
$6,385,950.00 |
-$2,323,132.00 |
-$0.00 |
$4,062,818.00 |
| 15 |
$6,705,225.00 |
-$2,441,264.00 |
-$0.00 |
$4,263,961.00 |
| 16 |
$7,040,475.00 |
-$2,565,306.00 |
-$0.00 |
$4,475,169.00 |
| 17 |
$7,392,375.00 |
-$2,695,509.00 |
-$0.00 |
$4,696,866.00 |
| 18 |
$7,762,050.00 |
-$2,832,289.00 |
-$0.00 |
$4,929,761.00 |
| 19 |
$8,150,175.00 |
-$2,975,895.00 |
-$0.00 |
$5,174,280.00 |
| 20 |
$8,557,650.00 |
-$3,126,661.00 |
-$0.00 |
$5,430,989.00 |
| 21 |
$8,985,600.00 |
-$3,285,002.00 |
-$0.00 |
$5,700,598.00 |
| 22 |
$9,434,925.00 |
-$3,451,253.00 |
-$0.00 |
$5,983,672.00 |
| 23 |
$9,906,525.00 |
-$3,625,745.00 |
-$0.00 |
$6,280,780.00 |
| 24 |
$10,401,975.00 |
-$3,809,061.00 |
-$0.00 |
$6,592,914.00 |
| 25 |
$10,921,950.00 |
-$4,001,452.00 |
-$0.00 |
$6,920,498.00 |
| 26 |
$11,468,250.00 |
-$4,203,583.00 |
-$0.00 |
$7,264,667.00 |
| 27 |
$12,041,550.00 |
-$4,415,704.00 |
-$0.00 |
$7,625,846.00 |
| 28 |
$12,643,650.00 |
-$4,638,481.00 |
-$0.00 |
$8,005,169.00 |
| 29 |
$13,275,900.00 |
-$4,872,413.00 |
-$0.00 |
$8,403,487.00 |
| 30 |
$13,939,650.00 |
-$5,118,001.00 |
-$0.00 |
$8,821,649.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$225,000,000.00 |
-$83,250,000.00 |
-$0.00 |
$141,750,000.00 |
|
