| Cash Option ($31.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $31,200,000.00 |
-$11,504,330.00 |
-$0.00 |
$19,695,670.00 |
| Annuity ($69 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,038,519.00 |
-$344,582.00 |
-$0.00 |
$693,937.00 |
| 2 |
$1,090,476.00 |
-$363,807.00 |
-$0.00 |
$726,669.00 |
| 3 |
$1,144,986.00 |
-$383,975.00 |
-$0.00 |
$761,011.00 |
| 4 |
$1,202,256.00 |
-$405,165.00 |
-$0.00 |
$797,091.00 |
| 5 |
$1,262,355.00 |
-$427,402.00 |
-$0.00 |
$834,953.00 |
| 6 |
$1,325,490.00 |
-$450,762.00 |
-$0.00 |
$874,728.00 |
| 7 |
$1,391,730.00 |
-$475,270.00 |
-$0.00 |
$916,460.00 |
| 8 |
$1,461,351.00 |
-$501,030.00 |
-$0.00 |
$960,321.00 |
| 9 |
$1,534,422.00 |
-$528,067.00 |
-$0.00 |
$1,006,355.00 |
| 10 |
$1,611,150.00 |
-$556,456.00 |
-$0.00 |
$1,054,694.00 |
| 11 |
$1,691,673.00 |
-$586,249.00 |
-$0.00 |
$1,105,424.00 |
| 12 |
$1,776,267.00 |
-$617,549.00 |
-$0.00 |
$1,158,718.00 |
| 13 |
$1,865,070.00 |
-$650,406.00 |
-$0.00 |
$1,214,664.00 |
| 14 |
$1,958,358.00 |
-$684,923.00 |
-$0.00 |
$1,273,435.00 |
| 15 |
$2,056,269.00 |
-$721,150.00 |
-$0.00 |
$1,335,119.00 |
| 16 |
$2,159,079.00 |
-$759,190.00 |
-$0.00 |
$1,399,889.00 |
| 17 |
$2,266,995.00 |
-$799,119.00 |
-$0.00 |
$1,467,876.00 |
| 18 |
$2,380,362.00 |
-$841,064.00 |
-$0.00 |
$1,539,298.00 |
| 19 |
$2,499,387.00 |
-$885,104.00 |
-$0.00 |
$1,614,283.00 |
| 20 |
$2,624,346.00 |
-$931,338.00 |
-$0.00 |
$1,693,008.00 |
| 21 |
$2,755,584.00 |
-$979,896.00 |
-$0.00 |
$1,775,688.00 |
| 22 |
$2,893,377.00 |
-$1,030,880.00 |
-$0.00 |
$1,862,497.00 |
| 23 |
$3,038,001.00 |
-$1,084,391.00 |
-$0.00 |
$1,953,610.00 |
| 24 |
$3,189,939.00 |
-$1,140,608.00 |
-$0.00 |
$2,049,331.00 |
| 25 |
$3,349,398.00 |
-$1,199,608.00 |
-$0.00 |
$2,149,790.00 |
| 26 |
$3,516,930.00 |
-$1,261,594.00 |
-$0.00 |
$2,255,336.00 |
| 27 |
$3,692,742.00 |
-$1,326,645.00 |
-$0.00 |
$2,366,097.00 |
| 28 |
$3,877,386.00 |
-$1,394,963.00 |
-$0.00 |
$2,482,423.00 |
| 29 |
$4,071,276.00 |
-$1,466,703.00 |
-$0.00 |
$2,604,573.00 |
| 30 |
$4,274,826.00 |
-$1,542,016.00 |
-$0.00 |
$2,732,810.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$69,000,000.00 |
-$25,530,000.00 |
-$0.00 |
$43,470,000.00 |
|
