| Cash Option ($82.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $82,700,000.00 |
-$30,559,330.00 |
-$0.00 |
$52,140,670.00 |
| Annuity ($189 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,844,639.00 |
-$1,012,847.00 |
-$0.00 |
$1,831,792.00 |
| 2 |
$2,986,956.00 |
-$1,065,504.00 |
-$0.00 |
$1,921,452.00 |
| 3 |
$3,136,266.00 |
-$1,120,749.00 |
-$0.00 |
$2,015,517.00 |
| 4 |
$3,293,136.00 |
-$1,178,791.00 |
-$0.00 |
$2,114,345.00 |
| 5 |
$3,457,755.00 |
-$1,239,700.00 |
-$0.00 |
$2,218,055.00 |
| 6 |
$3,630,690.00 |
-$1,303,686.00 |
-$0.00 |
$2,327,004.00 |
| 7 |
$3,812,130.00 |
-$1,370,818.00 |
-$0.00 |
$2,441,312.00 |
| 8 |
$4,002,831.00 |
-$1,441,378.00 |
-$0.00 |
$2,561,453.00 |
| 9 |
$4,202,982.00 |
-$1,515,434.00 |
-$0.00 |
$2,687,548.00 |
| 10 |
$4,413,150.00 |
-$1,593,196.00 |
-$0.00 |
$2,819,954.00 |
| 11 |
$4,633,713.00 |
-$1,674,804.00 |
-$0.00 |
$2,958,909.00 |
| 12 |
$4,865,427.00 |
-$1,760,538.00 |
-$0.00 |
$3,104,889.00 |
| 13 |
$5,108,670.00 |
-$1,850,538.00 |
-$0.00 |
$3,258,132.00 |
| 14 |
$5,364,198.00 |
-$1,945,084.00 |
-$0.00 |
$3,419,114.00 |
| 15 |
$5,632,389.00 |
-$2,044,314.00 |
-$0.00 |
$3,588,075.00 |
| 16 |
$5,913,999.00 |
-$2,148,510.00 |
-$0.00 |
$3,765,489.00 |
| 17 |
$6,209,595.00 |
-$2,257,881.00 |
-$0.00 |
$3,951,714.00 |
| 18 |
$6,520,122.00 |
-$2,372,776.00 |
-$0.00 |
$4,147,346.00 |
| 19 |
$6,846,147.00 |
-$2,493,405.00 |
-$0.00 |
$4,352,742.00 |
| 20 |
$7,188,426.00 |
-$2,620,048.00 |
-$0.00 |
$4,568,378.00 |
| 21 |
$7,547,904.00 |
-$2,753,055.00 |
-$0.00 |
$4,794,849.00 |
| 22 |
$7,925,337.00 |
-$2,892,705.00 |
-$0.00 |
$5,032,632.00 |
| 23 |
$8,321,481.00 |
-$3,039,278.00 |
-$0.00 |
$5,282,203.00 |
| 24 |
$8,737,659.00 |
-$3,193,264.00 |
-$0.00 |
$5,544,395.00 |
| 25 |
$9,174,438.00 |
-$3,354,872.00 |
-$0.00 |
$5,819,566.00 |
| 26 |
$9,633,330.00 |
-$3,524,662.00 |
-$0.00 |
$6,108,668.00 |
| 27 |
$10,114,902.00 |
-$3,702,844.00 |
-$0.00 |
$6,412,058.00 |
| 28 |
$10,620,666.00 |
-$3,889,977.00 |
-$0.00 |
$6,730,689.00 |
| 29 |
$11,151,756.00 |
-$4,086,480.00 |
-$0.00 |
$7,065,276.00 |
| 30 |
$11,709,306.00 |
-$4,292,774.00 |
-$0.00 |
$7,416,532.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$189,000,000.00 |
-$69,930,000.00 |
-$0.00 |
$119,070,000.00 |
|
