| Cash Option ($193.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $193,100,000.00 |
-$71,407,330.00 |
-$0.00 |
$121,692,670.00 |
| Annuity ($416 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$6,261,216.00 |
-$2,276,980.00 |
-$0.00 |
$3,984,236.00 |
| 2 |
$6,574,464.00 |
-$2,392,882.00 |
-$0.00 |
$4,181,582.00 |
| 3 |
$6,903,104.00 |
-$2,514,479.00 |
-$0.00 |
$4,388,625.00 |
| 4 |
$7,248,384.00 |
-$2,642,232.00 |
-$0.00 |
$4,606,152.00 |
| 5 |
$7,610,720.00 |
-$2,776,297.00 |
-$0.00 |
$4,834,423.00 |
| 6 |
$7,991,360.00 |
-$2,917,134.00 |
-$0.00 |
$5,074,226.00 |
| 7 |
$8,390,720.00 |
-$3,064,897.00 |
-$0.00 |
$5,325,823.00 |
| 8 |
$8,810,464.00 |
-$3,220,202.00 |
-$0.00 |
$5,590,262.00 |
| 9 |
$9,251,008.00 |
-$3,383,203.00 |
-$0.00 |
$5,867,805.00 |
| 10 |
$9,713,600.00 |
-$3,554,362.00 |
-$0.00 |
$6,159,238.00 |
| 11 |
$10,199,072.00 |
-$3,733,987.00 |
-$0.00 |
$6,465,085.00 |
| 12 |
$10,709,088.00 |
-$3,922,693.00 |
-$0.00 |
$6,786,395.00 |
| 13 |
$11,244,480.00 |
-$4,120,788.00 |
-$0.00 |
$7,123,692.00 |
| 14 |
$11,806,912.00 |
-$4,328,888.00 |
-$0.00 |
$7,478,024.00 |
| 15 |
$12,397,216.00 |
-$4,547,300.00 |
-$0.00 |
$7,849,916.00 |
| 16 |
$13,017,056.00 |
-$4,776,641.00 |
-$0.00 |
$8,240,415.00 |
| 17 |
$13,667,680.00 |
-$5,017,372.00 |
-$0.00 |
$8,650,308.00 |
| 18 |
$14,351,168.00 |
-$5,270,263.00 |
-$0.00 |
$9,080,905.00 |
| 19 |
$15,068,768.00 |
-$5,535,775.00 |
-$0.00 |
$9,532,993.00 |
| 20 |
$15,822,144.00 |
-$5,814,524.00 |
-$0.00 |
$10,007,620.00 |
| 21 |
$16,613,376.00 |
-$6,107,280.00 |
-$0.00 |
$10,506,096.00 |
| 22 |
$17,444,128.00 |
-$6,414,658.00 |
-$0.00 |
$11,029,470.00 |
| 23 |
$18,316,064.00 |
-$6,737,274.00 |
-$0.00 |
$11,578,790.00 |
| 24 |
$19,232,096.00 |
-$7,076,206.00 |
-$0.00 |
$12,155,890.00 |
| 25 |
$20,193,472.00 |
-$7,431,915.00 |
-$0.00 |
$12,761,557.00 |
| 26 |
$21,203,520.00 |
-$7,805,633.00 |
-$0.00 |
$13,397,887.00 |
| 27 |
$22,263,488.00 |
-$8,197,821.00 |
-$0.00 |
$14,065,667.00 |
| 28 |
$23,376,704.00 |
-$8,609,711.00 |
-$0.00 |
$14,766,993.00 |
| 29 |
$24,545,664.00 |
-$9,042,226.00 |
-$0.00 |
$15,503,438.00 |
| 30 |
$25,772,864.00 |
-$9,496,290.00 |
-$0.00 |
$16,276,574.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$416,000,000.00 |
-$153,920,000.00 |
-$0.00 |
$262,080,000.00 |
|
