| Cash Option ($163.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $163,600,000.00 |
-$60,492,330.00 |
-$0.00 |
$103,107,670.00 |
| Annuity ($368 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,538,768.00 |
-$2,009,675.00 |
-$0.00 |
$3,529,093.00 |
| 2 |
$5,815,872.00 |
-$2,112,203.00 |
-$0.00 |
$3,703,669.00 |
| 3 |
$6,106,592.00 |
-$2,219,769.00 |
-$0.00 |
$3,886,823.00 |
| 4 |
$6,412,032.00 |
-$2,332,782.00 |
-$0.00 |
$4,079,250.00 |
| 5 |
$6,732,560.00 |
-$2,451,378.00 |
-$0.00 |
$4,281,182.00 |
| 6 |
$7,069,280.00 |
-$2,575,964.00 |
-$0.00 |
$4,493,316.00 |
| 7 |
$7,422,560.00 |
-$2,706,678.00 |
-$0.00 |
$4,715,882.00 |
| 8 |
$7,793,872.00 |
-$2,844,063.00 |
-$0.00 |
$4,949,809.00 |
| 9 |
$8,183,584.00 |
-$2,988,256.00 |
-$0.00 |
$5,195,328.00 |
| 10 |
$8,592,800.00 |
-$3,139,666.00 |
-$0.00 |
$5,453,134.00 |
| 11 |
$9,022,256.00 |
-$3,298,565.00 |
-$0.00 |
$5,723,691.00 |
| 12 |
$9,473,424.00 |
-$3,465,497.00 |
-$0.00 |
$6,007,927.00 |
| 13 |
$9,947,040.00 |
-$3,640,735.00 |
-$0.00 |
$6,306,305.00 |
| 14 |
$10,444,576.00 |
-$3,824,824.00 |
-$0.00 |
$6,619,752.00 |
| 15 |
$10,966,768.00 |
-$4,018,035.00 |
-$0.00 |
$6,948,733.00 |
| 16 |
$11,515,088.00 |
-$4,220,913.00 |
-$0.00 |
$7,294,175.00 |
| 17 |
$12,090,640.00 |
-$4,433,867.00 |
-$0.00 |
$7,656,773.00 |
| 18 |
$12,695,264.00 |
-$4,657,578.00 |
-$0.00 |
$8,037,686.00 |
| 19 |
$13,330,064.00 |
-$4,892,454.00 |
-$0.00 |
$8,437,610.00 |
| 20 |
$13,996,512.00 |
-$5,139,040.00 |
-$0.00 |
$8,857,472.00 |
| 21 |
$14,696,448.00 |
-$5,398,016.00 |
-$0.00 |
$9,298,432.00 |
| 22 |
$15,431,344.00 |
-$5,669,928.00 |
-$0.00 |
$9,761,416.00 |
| 23 |
$16,202,672.00 |
-$5,955,319.00 |
-$0.00 |
$10,247,353.00 |
| 24 |
$17,013,008.00 |
-$6,255,143.00 |
-$0.00 |
$10,757,865.00 |
| 25 |
$17,863,456.00 |
-$6,569,809.00 |
-$0.00 |
$11,293,647.00 |
| 26 |
$18,756,960.00 |
-$6,900,406.00 |
-$0.00 |
$11,856,554.00 |
| 27 |
$19,694,624.00 |
-$7,247,341.00 |
-$0.00 |
$12,447,283.00 |
| 28 |
$20,679,392.00 |
-$7,611,705.00 |
-$0.00 |
$13,067,687.00 |
| 29 |
$21,713,472.00 |
-$7,994,315.00 |
-$0.00 |
$13,719,157.00 |
| 30 |
$22,799,072.00 |
-$8,395,987.00 |
-$0.00 |
$14,403,085.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$368,000,000.00 |
-$136,160,000.00 |
-$0.00 |
$231,840,000.00 |
|
