| 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 ($234 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,521,934.00 |
-$1,263,446.00 |
-$0.00 |
$2,258,488.00 |
| 2 |
$3,698,136.00 |
-$1,328,641.00 |
-$0.00 |
$2,369,495.00 |
| 3 |
$3,882,996.00 |
-$1,397,039.00 |
-$0.00 |
$2,485,957.00 |
| 4 |
$4,077,216.00 |
-$1,468,900.00 |
-$0.00 |
$2,608,316.00 |
| 5 |
$4,281,030.00 |
-$1,544,311.00 |
-$0.00 |
$2,736,719.00 |
| 6 |
$4,495,140.00 |
-$1,623,532.00 |
-$0.00 |
$2,871,608.00 |
| 7 |
$4,719,780.00 |
-$1,706,649.00 |
-$0.00 |
$3,013,131.00 |
| 8 |
$4,955,886.00 |
-$1,794,008.00 |
-$0.00 |
$3,161,878.00 |
| 9 |
$5,203,692.00 |
-$1,885,696.00 |
-$0.00 |
$3,317,996.00 |
| 10 |
$5,463,900.00 |
-$1,981,973.00 |
-$0.00 |
$3,481,927.00 |
| 11 |
$5,736,978.00 |
-$2,083,012.00 |
-$0.00 |
$3,653,966.00 |
| 12 |
$6,023,862.00 |
-$2,189,159.00 |
-$0.00 |
$3,834,703.00 |
| 13 |
$6,325,020.00 |
-$2,300,588.00 |
-$0.00 |
$4,024,432.00 |
| 14 |
$6,641,388.00 |
-$2,417,644.00 |
-$0.00 |
$4,223,744.00 |
| 15 |
$6,973,434.00 |
-$2,540,501.00 |
-$0.00 |
$4,432,933.00 |
| 16 |
$7,322,094.00 |
-$2,669,505.00 |
-$0.00 |
$4,652,589.00 |
| 17 |
$7,688,070.00 |
-$2,804,916.00 |
-$0.00 |
$4,883,154.00 |
| 18 |
$8,072,532.00 |
-$2,947,167.00 |
-$0.00 |
$5,125,365.00 |
| 19 |
$8,476,182.00 |
-$3,096,518.00 |
-$0.00 |
$5,379,664.00 |
| 20 |
$8,899,956.00 |
-$3,253,314.00 |
-$0.00 |
$5,646,642.00 |
| 21 |
$9,345,024.00 |
-$3,417,989.00 |
-$0.00 |
$5,927,035.00 |
| 22 |
$9,812,322.00 |
-$3,590,890.00 |
-$0.00 |
$6,221,432.00 |
| 23 |
$10,302,786.00 |
-$3,772,361.00 |
-$0.00 |
$6,530,425.00 |
| 24 |
$10,818,054.00 |
-$3,963,010.00 |
-$0.00 |
$6,855,044.00 |
| 25 |
$11,358,828.00 |
-$4,163,097.00 |
-$0.00 |
$7,195,731.00 |
| 26 |
$11,926,980.00 |
-$4,373,313.00 |
-$0.00 |
$7,553,667.00 |
| 27 |
$12,523,212.00 |
-$4,593,919.00 |
-$0.00 |
$7,929,293.00 |
| 28 |
$13,149,396.00 |
-$4,825,607.00 |
-$0.00 |
$8,323,789.00 |
| 29 |
$13,806,936.00 |
-$5,068,897.00 |
-$0.00 |
$8,738,039.00 |
| 30 |
$14,497,236.00 |
-$5,324,308.00 |
-$0.00 |
$9,172,928.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$234,000,000.00 |
-$86,580,000.00 |
-$0.00 |
$147,420,000.00 |
|
