| Cash Option ($139.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $139,600,000.00 |
-$51,612,330.00 |
-$0.00 |
$87,987,670.00 |
| Annuity ($345 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,192,595.00 |
-$1,881,591.00 |
-$0.00 |
$3,311,004.00 |
| 2 |
$5,452,380.00 |
-$1,977,711.00 |
-$0.00 |
$3,474,669.00 |
| 3 |
$5,724,930.00 |
-$2,078,554.00 |
-$0.00 |
$3,646,376.00 |
| 4 |
$6,011,280.00 |
-$2,184,504.00 |
-$0.00 |
$3,826,776.00 |
| 5 |
$6,311,775.00 |
-$2,295,687.00 |
-$0.00 |
$4,016,088.00 |
| 6 |
$6,627,450.00 |
-$2,412,487.00 |
-$0.00 |
$4,214,963.00 |
| 7 |
$6,958,650.00 |
-$2,535,031.00 |
-$0.00 |
$4,423,619.00 |
| 8 |
$7,306,755.00 |
-$2,663,830.00 |
-$0.00 |
$4,642,925.00 |
| 9 |
$7,672,110.00 |
-$2,799,011.00 |
-$0.00 |
$4,873,099.00 |
| 10 |
$8,055,750.00 |
-$2,940,958.00 |
-$0.00 |
$5,114,792.00 |
| 11 |
$8,458,365.00 |
-$3,089,925.00 |
-$0.00 |
$5,368,440.00 |
| 12 |
$8,881,335.00 |
-$3,246,424.00 |
-$0.00 |
$5,634,911.00 |
| 13 |
$9,325,350.00 |
-$3,410,710.00 |
-$0.00 |
$5,914,640.00 |
| 14 |
$9,791,790.00 |
-$3,583,293.00 |
-$0.00 |
$6,208,497.00 |
| 15 |
$10,281,345.00 |
-$3,764,428.00 |
-$0.00 |
$6,516,917.00 |
| 16 |
$10,795,395.00 |
-$3,954,627.00 |
-$0.00 |
$6,840,768.00 |
| 17 |
$11,334,975.00 |
-$4,154,271.00 |
-$0.00 |
$7,180,704.00 |
| 18 |
$11,901,810.00 |
-$4,364,000.00 |
-$0.00 |
$7,537,810.00 |
| 19 |
$12,496,935.00 |
-$4,584,196.00 |
-$0.00 |
$7,912,739.00 |
| 20 |
$13,121,730.00 |
-$4,815,370.00 |
-$0.00 |
$8,306,360.00 |
| 21 |
$13,777,920.00 |
-$5,058,161.00 |
-$0.00 |
$8,719,759.00 |
| 22 |
$14,466,885.00 |
-$5,313,078.00 |
-$0.00 |
$9,153,807.00 |
| 23 |
$15,190,005.00 |
-$5,580,632.00 |
-$0.00 |
$9,609,373.00 |
| 24 |
$15,949,695.00 |
-$5,861,718.00 |
-$0.00 |
$10,087,977.00 |
| 25 |
$16,746,990.00 |
-$6,156,717.00 |
-$0.00 |
$10,590,273.00 |
| 26 |
$17,584,650.00 |
-$6,466,651.00 |
-$0.00 |
$11,117,999.00 |
| 27 |
$18,463,710.00 |
-$6,791,903.00 |
-$0.00 |
$11,671,807.00 |
| 28 |
$19,386,930.00 |
-$7,133,494.00 |
-$0.00 |
$12,253,436.00 |
| 29 |
$20,356,380.00 |
-$7,492,191.00 |
-$0.00 |
$12,864,189.00 |
| 30 |
$21,374,130.00 |
-$7,868,758.00 |
-$0.00 |
$13,505,372.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$345,000,000.00 |
-$127,650,000.00 |
-$0.00 |
$217,350,000.00 |
|
