| Cash Option ($117.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $117,300,000.00 |
-$43,361,330.00 |
-$0.00 |
$73,938,670.00 |
| Annuity ($277 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,169,127.00 |
-$1,502,907.00 |
-$0.00 |
$2,666,220.00 |
| 2 |
$4,377,708.00 |
-$1,580,082.00 |
-$0.00 |
$2,797,626.00 |
| 3 |
$4,596,538.00 |
-$1,661,049.00 |
-$0.00 |
$2,935,489.00 |
| 4 |
$4,826,448.00 |
-$1,746,116.00 |
-$0.00 |
$3,080,332.00 |
| 5 |
$5,067,715.00 |
-$1,835,385.00 |
-$0.00 |
$3,232,330.00 |
| 6 |
$5,321,170.00 |
-$1,929,163.00 |
-$0.00 |
$3,392,007.00 |
| 7 |
$5,587,090.00 |
-$2,027,554.00 |
-$0.00 |
$3,559,536.00 |
| 8 |
$5,866,583.00 |
-$2,130,966.00 |
-$0.00 |
$3,735,617.00 |
| 9 |
$6,159,926.00 |
-$2,239,503.00 |
-$0.00 |
$3,920,423.00 |
| 10 |
$6,467,950.00 |
-$2,353,472.00 |
-$0.00 |
$4,114,478.00 |
| 11 |
$6,791,209.00 |
-$2,473,078.00 |
-$0.00 |
$4,318,131.00 |
| 12 |
$7,130,811.00 |
-$2,598,730.00 |
-$0.00 |
$4,532,081.00 |
| 13 |
$7,487,310.00 |
-$2,730,635.00 |
-$0.00 |
$4,756,675.00 |
| 14 |
$7,861,814.00 |
-$2,869,202.00 |
-$0.00 |
$4,992,612.00 |
| 15 |
$8,254,877.00 |
-$3,014,635.00 |
-$0.00 |
$5,240,242.00 |
| 16 |
$8,667,607.00 |
-$3,167,345.00 |
-$0.00 |
$5,500,262.00 |
| 17 |
$9,100,835.00 |
-$3,327,639.00 |
-$0.00 |
$5,773,196.00 |
| 18 |
$9,555,946.00 |
-$3,496,030.00 |
-$0.00 |
$6,059,916.00 |
| 19 |
$10,033,771.00 |
-$3,672,826.00 |
-$0.00 |
$6,360,945.00 |
| 20 |
$10,535,418.00 |
-$3,858,435.00 |
-$0.00 |
$6,676,983.00 |
| 21 |
$11,062,272.00 |
-$4,053,371.00 |
-$0.00 |
$7,008,901.00 |
| 22 |
$11,615,441.00 |
-$4,258,044.00 |
-$0.00 |
$7,357,397.00 |
| 23 |
$12,196,033.00 |
-$4,472,863.00 |
-$0.00 |
$7,723,170.00 |
| 24 |
$12,805,987.00 |
-$4,698,546.00 |
-$0.00 |
$8,107,441.00 |
| 25 |
$13,446,134.00 |
-$4,935,400.00 |
-$0.00 |
$8,510,734.00 |
| 26 |
$14,118,690.00 |
-$5,184,246.00 |
-$0.00 |
$8,934,444.00 |
| 27 |
$14,824,486.00 |
-$5,445,390.00 |
-$0.00 |
$9,379,096.00 |
| 28 |
$15,565,738.00 |
-$5,719,653.00 |
-$0.00 |
$9,846,085.00 |
| 29 |
$16,344,108.00 |
-$6,007,650.00 |
-$0.00 |
$10,336,458.00 |
| 30 |
$17,161,258.00 |
-$6,309,996.00 |
-$0.00 |
$10,851,262.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$277,000,000.00 |
-$102,490,000.00 |
-$0.00 |
$174,510,000.00 |
|
