| Cash Option ($98.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $98,400,000.00 |
-$36,368,330.00 |
-$0.00 |
$62,031,670.00 |
| Annuity ($216 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,251,016.00 |
-$1,163,206.00 |
-$0.00 |
$2,087,810.00 |
| 2 |
$3,413,664.00 |
-$1,223,386.00 |
-$0.00 |
$2,190,278.00 |
| 3 |
$3,584,304.00 |
-$1,286,523.00 |
-$0.00 |
$2,297,781.00 |
| 4 |
$3,763,584.00 |
-$1,352,856.00 |
-$0.00 |
$2,410,728.00 |
| 5 |
$3,951,720.00 |
-$1,422,467.00 |
-$0.00 |
$2,529,253.00 |
| 6 |
$4,149,360.00 |
-$1,495,594.00 |
-$0.00 |
$2,653,766.00 |
| 7 |
$4,356,720.00 |
-$1,572,317.00 |
-$0.00 |
$2,784,403.00 |
| 8 |
$4,574,664.00 |
-$1,652,956.00 |
-$0.00 |
$2,921,708.00 |
| 9 |
$4,803,408.00 |
-$1,737,591.00 |
-$0.00 |
$3,065,817.00 |
| 10 |
$5,043,600.00 |
-$1,826,462.00 |
-$0.00 |
$3,217,138.00 |
| 11 |
$5,295,672.00 |
-$1,919,729.00 |
-$0.00 |
$3,375,943.00 |
| 12 |
$5,560,488.00 |
-$2,017,711.00 |
-$0.00 |
$3,542,777.00 |
| 13 |
$5,838,480.00 |
-$2,120,568.00 |
-$0.00 |
$3,717,912.00 |
| 14 |
$6,130,512.00 |
-$2,228,620.00 |
-$0.00 |
$3,901,892.00 |
| 15 |
$6,437,016.00 |
-$2,342,026.00 |
-$0.00 |
$4,094,990.00 |
| 16 |
$6,758,856.00 |
-$2,461,107.00 |
-$0.00 |
$4,297,749.00 |
| 17 |
$7,096,680.00 |
-$2,586,102.00 |
-$0.00 |
$4,510,578.00 |
| 18 |
$7,451,568.00 |
-$2,717,411.00 |
-$0.00 |
$4,734,157.00 |
| 19 |
$7,824,168.00 |
-$2,855,273.00 |
-$0.00 |
$4,968,895.00 |
| 20 |
$8,215,344.00 |
-$3,000,008.00 |
-$0.00 |
$5,215,336.00 |
| 21 |
$8,626,176.00 |
-$3,152,016.00 |
-$0.00 |
$5,474,160.00 |
| 22 |
$9,057,528.00 |
-$3,311,616.00 |
-$0.00 |
$5,745,912.00 |
| 23 |
$9,510,264.00 |
-$3,479,128.00 |
-$0.00 |
$6,031,136.00 |
| 24 |
$9,985,896.00 |
-$3,655,112.00 |
-$0.00 |
$6,330,784.00 |
| 25 |
$10,485,072.00 |
-$3,839,807.00 |
-$0.00 |
$6,645,265.00 |
| 26 |
$11,009,520.00 |
-$4,033,853.00 |
-$0.00 |
$6,975,667.00 |
| 27 |
$11,559,888.00 |
-$4,237,489.00 |
-$0.00 |
$7,322,399.00 |
| 28 |
$12,137,904.00 |
-$4,451,355.00 |
-$0.00 |
$7,686,549.00 |
| 29 |
$12,744,864.00 |
-$4,675,930.00 |
-$0.00 |
$8,068,934.00 |
| 30 |
$13,382,064.00 |
-$4,911,694.00 |
-$0.00 |
$8,470,370.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$216,000,000.00 |
-$79,920,000.00 |
-$0.00 |
$136,080,000.00 |
|
