| Cash Option ($119.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $119,700,000.00 |
-$44,249,330.00 |
-$0.00 |
$75,450,670.00 |
| Annuity ($264 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,973,464.00 |
-$1,430,512.00 |
-$0.00 |
$2,542,952.00 |
| 2 |
$4,172,256.00 |
-$1,504,065.00 |
-$0.00 |
$2,668,191.00 |
| 3 |
$4,380,816.00 |
-$1,581,232.00 |
-$0.00 |
$2,799,584.00 |
| 4 |
$4,599,936.00 |
-$1,662,307.00 |
-$0.00 |
$2,937,629.00 |
| 5 |
$4,829,880.00 |
-$1,747,386.00 |
-$0.00 |
$3,082,494.00 |
| 6 |
$5,071,440.00 |
-$1,836,763.00 |
-$0.00 |
$3,234,677.00 |
| 7 |
$5,324,880.00 |
-$1,930,536.00 |
-$0.00 |
$3,394,344.00 |
| 8 |
$5,591,256.00 |
-$2,029,095.00 |
-$0.00 |
$3,562,161.00 |
| 9 |
$5,870,832.00 |
-$2,132,538.00 |
-$0.00 |
$3,738,294.00 |
| 10 |
$6,164,400.00 |
-$2,241,158.00 |
-$0.00 |
$3,923,242.00 |
| 11 |
$6,472,488.00 |
-$2,355,151.00 |
-$0.00 |
$4,117,337.00 |
| 12 |
$6,796,152.00 |
-$2,474,907.00 |
-$0.00 |
$4,321,245.00 |
| 13 |
$7,135,920.00 |
-$2,600,621.00 |
-$0.00 |
$4,535,299.00 |
| 14 |
$7,492,848.00 |
-$2,732,684.00 |
-$0.00 |
$4,760,164.00 |
| 15 |
$7,867,464.00 |
-$2,871,292.00 |
-$0.00 |
$4,996,172.00 |
| 16 |
$8,260,824.00 |
-$3,016,835.00 |
-$0.00 |
$5,243,989.00 |
| 17 |
$8,673,720.00 |
-$3,169,607.00 |
-$0.00 |
$5,504,113.00 |
| 18 |
$9,107,472.00 |
-$3,330,095.00 |
-$0.00 |
$5,777,377.00 |
| 19 |
$9,562,872.00 |
-$3,498,593.00 |
-$0.00 |
$6,064,279.00 |
| 20 |
$10,040,976.00 |
-$3,675,492.00 |
-$0.00 |
$6,365,484.00 |
| 21 |
$10,543,104.00 |
-$3,861,279.00 |
-$0.00 |
$6,681,825.00 |
| 22 |
$11,070,312.00 |
-$4,056,346.00 |
-$0.00 |
$7,013,966.00 |
| 23 |
$11,623,656.00 |
-$4,261,083.00 |
-$0.00 |
$7,362,573.00 |
| 24 |
$12,204,984.00 |
-$4,476,174.00 |
-$0.00 |
$7,728,810.00 |
| 25 |
$12,815,088.00 |
-$4,701,913.00 |
-$0.00 |
$8,113,175.00 |
| 26 |
$13,456,080.00 |
-$4,939,080.00 |
-$0.00 |
$8,517,000.00 |
| 27 |
$14,128,752.00 |
-$5,187,969.00 |
-$0.00 |
$8,940,783.00 |
| 28 |
$14,835,216.00 |
-$5,449,360.00 |
-$0.00 |
$9,385,856.00 |
| 29 |
$15,577,056.00 |
-$5,723,841.00 |
-$0.00 |
$9,853,215.00 |
| 30 |
$16,355,856.00 |
-$6,011,997.00 |
-$0.00 |
$10,343,859.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$264,000,000.00 |
-$97,680,000.00 |
-$0.00 |
$166,320,000.00 |
|
