| Cash Option ($39.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $39,600,000.00 |
-$14,612,330.00 |
-$0.00 |
$24,987,670.00 |
| Annuity ($89 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,339,539.00 |
-$455,960.00 |
-$0.00 |
$883,579.00 |
| 2 |
$1,406,556.00 |
-$480,756.00 |
-$0.00 |
$925,800.00 |
| 3 |
$1,476,866.00 |
-$506,771.00 |
-$0.00 |
$970,095.00 |
| 4 |
$1,550,736.00 |
-$534,103.00 |
-$0.00 |
$1,016,633.00 |
| 5 |
$1,628,255.00 |
-$562,785.00 |
-$0.00 |
$1,065,470.00 |
| 6 |
$1,709,690.00 |
-$592,916.00 |
-$0.00 |
$1,116,774.00 |
| 7 |
$1,795,130.00 |
-$624,528.00 |
-$0.00 |
$1,170,602.00 |
| 8 |
$1,884,931.00 |
-$657,755.00 |
-$0.00 |
$1,227,176.00 |
| 9 |
$1,979,182.00 |
-$692,628.00 |
-$0.00 |
$1,286,554.00 |
| 10 |
$2,078,150.00 |
-$729,246.00 |
-$0.00 |
$1,348,904.00 |
| 11 |
$2,182,013.00 |
-$767,675.00 |
-$0.00 |
$1,414,338.00 |
| 12 |
$2,291,127.00 |
-$808,047.00 |
-$0.00 |
$1,483,080.00 |
| 13 |
$2,405,670.00 |
-$850,428.00 |
-$0.00 |
$1,555,242.00 |
| 14 |
$2,525,998.00 |
-$894,950.00 |
-$0.00 |
$1,631,048.00 |
| 15 |
$2,652,289.00 |
-$941,677.00 |
-$0.00 |
$1,710,612.00 |
| 16 |
$2,784,899.00 |
-$990,743.00 |
-$0.00 |
$1,794,156.00 |
| 17 |
$2,924,095.00 |
-$1,042,246.00 |
-$0.00 |
$1,881,849.00 |
| 18 |
$3,070,322.00 |
-$1,096,350.00 |
-$0.00 |
$1,973,972.00 |
| 19 |
$3,223,847.00 |
-$1,153,154.00 |
-$0.00 |
$2,070,693.00 |
| 20 |
$3,385,026.00 |
-$1,212,790.00 |
-$0.00 |
$2,172,236.00 |
| 21 |
$3,554,304.00 |
-$1,275,423.00 |
-$0.00 |
$2,278,881.00 |
| 22 |
$3,732,037.00 |
-$1,341,184.00 |
-$0.00 |
$2,390,853.00 |
| 23 |
$3,918,581.00 |
-$1,410,205.00 |
-$0.00 |
$2,508,376.00 |
| 24 |
$4,114,559.00 |
-$1,482,717.00 |
-$0.00 |
$2,631,842.00 |
| 25 |
$4,320,238.00 |
-$1,558,818.00 |
-$0.00 |
$2,761,420.00 |
| 26 |
$4,536,330.00 |
-$1,638,772.00 |
-$0.00 |
$2,897,558.00 |
| 27 |
$4,763,102.00 |
-$1,722,678.00 |
-$0.00 |
$3,040,424.00 |
| 28 |
$5,001,266.00 |
-$1,810,799.00 |
-$0.00 |
$3,190,467.00 |
| 29 |
$5,251,356.00 |
-$1,903,332.00 |
-$0.00 |
$3,348,024.00 |
| 30 |
$5,513,906.00 |
-$2,000,476.00 |
-$0.00 |
$3,513,430.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$89,000,000.00 |
-$32,930,000.00 |
-$0.00 |
$56,070,000.00 |
|
