| Cash Option ($141.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $141,700,000.00 |
-$52,389,330.00 |
-$0.00 |
$89,310,670.00 |
| Annuity ($332 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,996,932.00 |
-$1,809,195.00 |
-$0.00 |
$3,187,737.00 |
| 2 |
$5,246,928.00 |
-$1,901,694.00 |
-$0.00 |
$3,345,234.00 |
| 3 |
$5,509,208.00 |
-$1,998,737.00 |
-$0.00 |
$3,510,471.00 |
| 4 |
$5,784,768.00 |
-$2,100,695.00 |
-$0.00 |
$3,684,073.00 |
| 5 |
$6,073,940.00 |
-$2,207,688.00 |
-$0.00 |
$3,866,252.00 |
| 6 |
$6,377,720.00 |
-$2,320,087.00 |
-$0.00 |
$4,057,633.00 |
| 7 |
$6,696,440.00 |
-$2,438,013.00 |
-$0.00 |
$4,258,427.00 |
| 8 |
$7,031,428.00 |
-$2,561,959.00 |
-$0.00 |
$4,469,469.00 |
| 9 |
$7,383,016.00 |
-$2,692,046.00 |
-$0.00 |
$4,690,970.00 |
| 10 |
$7,752,200.00 |
-$2,828,644.00 |
-$0.00 |
$4,923,556.00 |
| 11 |
$8,139,644.00 |
-$2,971,999.00 |
-$0.00 |
$5,167,645.00 |
| 12 |
$8,546,676.00 |
-$3,122,601.00 |
-$0.00 |
$5,424,075.00 |
| 13 |
$8,973,960.00 |
-$3,280,696.00 |
-$0.00 |
$5,693,264.00 |
| 14 |
$9,422,824.00 |
-$3,446,775.00 |
-$0.00 |
$5,976,049.00 |
| 15 |
$9,893,932.00 |
-$3,621,085.00 |
-$0.00 |
$6,272,847.00 |
| 16 |
$10,388,612.00 |
-$3,804,117.00 |
-$0.00 |
$6,584,495.00 |
| 17 |
$10,907,860.00 |
-$3,996,239.00 |
-$0.00 |
$6,911,621.00 |
| 18 |
$11,453,336.00 |
-$4,198,065.00 |
-$0.00 |
$7,255,271.00 |
| 19 |
$12,026,036.00 |
-$4,409,964.00 |
-$0.00 |
$7,616,072.00 |
| 20 |
$12,627,288.00 |
-$4,632,427.00 |
-$0.00 |
$7,994,861.00 |
| 21 |
$13,258,752.00 |
-$4,866,069.00 |
-$0.00 |
$8,392,683.00 |
| 22 |
$13,921,756.00 |
-$5,111,380.00 |
-$0.00 |
$8,810,376.00 |
| 23 |
$14,617,628.00 |
-$5,368,853.00 |
-$0.00 |
$9,248,775.00 |
| 24 |
$15,348,692.00 |
-$5,639,346.00 |
-$0.00 |
$9,709,346.00 |
| 25 |
$16,115,944.00 |
-$5,923,230.00 |
-$0.00 |
$10,192,714.00 |
| 26 |
$16,922,040.00 |
-$6,221,485.00 |
-$0.00 |
$10,700,555.00 |
| 27 |
$17,767,976.00 |
-$6,534,482.00 |
-$0.00 |
$11,233,494.00 |
| 28 |
$18,656,408.00 |
-$6,863,201.00 |
-$0.00 |
$11,793,207.00 |
| 29 |
$19,589,328.00 |
-$7,208,382.00 |
-$0.00 |
$12,380,946.00 |
| 30 |
$20,568,728.00 |
-$7,570,760.00 |
-$0.00 |
$12,997,968.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$332,000,000.00 |
-$122,840,000.00 |
-$0.00 |
$209,160,000.00 |
|
