| Cash Option ($110.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $110,900,000.00 |
-$40,993,330.00 |
-$0.00 |
$69,906,670.00 |
| Annuity ($238 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,582,138.00 |
-$1,285,721.00 |
-$0.00 |
$2,296,417.00 |
| 2 |
$3,761,352.00 |
-$1,352,031.00 |
-$0.00 |
$2,409,321.00 |
| 3 |
$3,949,372.00 |
-$1,421,598.00 |
-$0.00 |
$2,527,774.00 |
| 4 |
$4,146,912.00 |
-$1,494,688.00 |
-$0.00 |
$2,652,224.00 |
| 5 |
$4,354,210.00 |
-$1,571,388.00 |
-$0.00 |
$2,782,822.00 |
| 6 |
$4,571,980.00 |
-$1,651,963.00 |
-$0.00 |
$2,920,017.00 |
| 7 |
$4,800,460.00 |
-$1,736,501.00 |
-$0.00 |
$3,063,959.00 |
| 8 |
$5,040,602.00 |
-$1,825,353.00 |
-$0.00 |
$3,215,249.00 |
| 9 |
$5,292,644.00 |
-$1,918,609.00 |
-$0.00 |
$3,374,035.00 |
| 10 |
$5,557,300.00 |
-$2,016,531.00 |
-$0.00 |
$3,540,769.00 |
| 11 |
$5,835,046.00 |
-$2,119,297.00 |
-$0.00 |
$3,715,749.00 |
| 12 |
$6,126,834.00 |
-$2,227,259.00 |
-$0.00 |
$3,899,575.00 |
| 13 |
$6,433,140.00 |
-$2,340,592.00 |
-$0.00 |
$4,092,548.00 |
| 14 |
$6,754,916.00 |
-$2,459,649.00 |
-$0.00 |
$4,295,267.00 |
| 15 |
$7,092,638.00 |
-$2,584,606.00 |
-$0.00 |
$4,508,032.00 |
| 16 |
$7,447,258.00 |
-$2,715,816.00 |
-$0.00 |
$4,731,442.00 |
| 17 |
$7,819,490.00 |
-$2,853,542.00 |
-$0.00 |
$4,965,948.00 |
| 18 |
$8,210,524.00 |
-$2,998,224.00 |
-$0.00 |
$5,212,300.00 |
| 19 |
$8,621,074.00 |
-$3,150,128.00 |
-$0.00 |
$5,470,946.00 |
| 20 |
$9,052,092.00 |
-$3,309,604.00 |
-$0.00 |
$5,742,488.00 |
| 21 |
$9,504,768.00 |
-$3,477,095.00 |
-$0.00 |
$6,027,673.00 |
| 22 |
$9,980,054.00 |
-$3,652,950.00 |
-$0.00 |
$6,327,104.00 |
| 23 |
$10,478,902.00 |
-$3,837,524.00 |
-$0.00 |
$6,641,378.00 |
| 24 |
$11,002,978.00 |
-$4,031,432.00 |
-$0.00 |
$6,971,546.00 |
| 25 |
$11,552,996.00 |
-$4,234,939.00 |
-$0.00 |
$7,318,057.00 |
| 26 |
$12,130,860.00 |
-$4,448,749.00 |
-$0.00 |
$7,682,111.00 |
| 27 |
$12,737,284.00 |
-$4,673,125.00 |
-$0.00 |
$8,064,159.00 |
| 28 |
$13,374,172.00 |
-$4,908,774.00 |
-$0.00 |
$8,465,398.00 |
| 29 |
$14,042,952.00 |
-$5,156,223.00 |
-$0.00 |
$8,886,729.00 |
| 30 |
$14,745,052.00 |
-$5,416,000.00 |
-$0.00 |
$9,329,052.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$238,000,000.00 |
-$88,060,000.00 |
-$0.00 |
$149,940,000.00 |
|
