| Cash Option ($173.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $173,100,000.00 |
-$64,007,330.00 |
-$0.00 |
$109,092,670.00 |
| Annuity ($384 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,779,584.00 |
-$2,098,776.00 |
-$0.00 |
$3,680,808.00 |
| 2 |
$6,068,736.00 |
-$2,205,763.00 |
-$0.00 |
$3,862,973.00 |
| 3 |
$6,372,096.00 |
-$2,318,006.00 |
-$0.00 |
$4,054,090.00 |
| 4 |
$6,690,816.00 |
-$2,435,932.00 |
-$0.00 |
$4,254,884.00 |
| 5 |
$7,025,280.00 |
-$2,559,684.00 |
-$0.00 |
$4,465,596.00 |
| 6 |
$7,376,640.00 |
-$2,689,687.00 |
-$0.00 |
$4,686,953.00 |
| 7 |
$7,745,280.00 |
-$2,826,084.00 |
-$0.00 |
$4,919,196.00 |
| 8 |
$8,132,736.00 |
-$2,969,443.00 |
-$0.00 |
$5,163,293.00 |
| 9 |
$8,539,392.00 |
-$3,119,905.00 |
-$0.00 |
$5,419,487.00 |
| 10 |
$8,966,400.00 |
-$3,277,898.00 |
-$0.00 |
$5,688,502.00 |
| 11 |
$9,414,528.00 |
-$3,443,706.00 |
-$0.00 |
$5,970,822.00 |
| 12 |
$9,885,312.00 |
-$3,617,896.00 |
-$0.00 |
$6,267,416.00 |
| 13 |
$10,379,520.00 |
-$3,800,753.00 |
-$0.00 |
$6,578,767.00 |
| 14 |
$10,898,688.00 |
-$3,992,845.00 |
-$0.00 |
$6,905,843.00 |
| 15 |
$11,443,584.00 |
-$4,194,456.00 |
-$0.00 |
$7,249,128.00 |
| 16 |
$12,015,744.00 |
-$4,406,156.00 |
-$0.00 |
$7,609,588.00 |
| 17 |
$12,616,320.00 |
-$4,628,369.00 |
-$0.00 |
$7,987,951.00 |
| 18 |
$13,247,232.00 |
-$4,861,806.00 |
-$0.00 |
$8,385,426.00 |
| 19 |
$13,909,632.00 |
-$5,106,894.00 |
-$0.00 |
$8,802,738.00 |
| 20 |
$14,605,056.00 |
-$5,364,201.00 |
-$0.00 |
$9,240,855.00 |
| 21 |
$15,335,424.00 |
-$5,634,437.00 |
-$0.00 |
$9,700,987.00 |
| 22 |
$16,102,272.00 |
-$5,918,171.00 |
-$0.00 |
$10,184,101.00 |
| 23 |
$16,907,136.00 |
-$6,215,971.00 |
-$0.00 |
$10,691,165.00 |
| 24 |
$17,752,704.00 |
-$6,528,831.00 |
-$0.00 |
$11,223,873.00 |
| 25 |
$18,640,128.00 |
-$6,857,178.00 |
-$0.00 |
$11,782,950.00 |
| 26 |
$19,572,480.00 |
-$7,202,148.00 |
-$0.00 |
$12,370,332.00 |
| 27 |
$20,550,912.00 |
-$7,564,168.00 |
-$0.00 |
$12,986,744.00 |
| 28 |
$21,578,496.00 |
-$7,944,374.00 |
-$0.00 |
$13,634,122.00 |
| 29 |
$22,657,536.00 |
-$8,343,619.00 |
-$0.00 |
$14,313,917.00 |
| 30 |
$23,790,336.00 |
-$8,762,755.00 |
-$0.00 |
$15,027,581.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$384,000,000.00 |
-$142,080,000.00 |
-$0.00 |
$241,920,000.00 |
|
