| Cash Option ($141.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $141,800,000.00 |
-$52,426,330.00 |
-$0.00 |
$89,373,670.00 |
| Annuity ($303 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,560,453.00 |
-$1,647,698.00 |
-$0.00 |
$2,912,755.00 |
| 2 |
$4,788,612.00 |
-$1,732,117.00 |
-$0.00 |
$3,056,495.00 |
| 3 |
$5,027,982.00 |
-$1,820,684.00 |
-$0.00 |
$3,207,298.00 |
| 4 |
$5,279,472.00 |
-$1,913,735.00 |
-$0.00 |
$3,365,737.00 |
| 5 |
$5,543,385.00 |
-$2,011,383.00 |
-$0.00 |
$3,532,002.00 |
| 6 |
$5,820,630.00 |
-$2,113,963.00 |
-$0.00 |
$3,706,667.00 |
| 7 |
$6,111,510.00 |
-$2,221,589.00 |
-$0.00 |
$3,889,921.00 |
| 8 |
$6,417,237.00 |
-$2,334,708.00 |
-$0.00 |
$4,082,529.00 |
| 9 |
$6,738,114.00 |
-$2,453,433.00 |
-$0.00 |
$4,284,681.00 |
| 10 |
$7,075,050.00 |
-$2,578,099.00 |
-$0.00 |
$4,496,951.00 |
| 11 |
$7,428,651.00 |
-$2,708,931.00 |
-$0.00 |
$4,719,720.00 |
| 12 |
$7,800,129.00 |
-$2,846,378.00 |
-$0.00 |
$4,953,751.00 |
| 13 |
$8,190,090.00 |
-$2,990,664.00 |
-$0.00 |
$5,199,426.00 |
| 14 |
$8,599,746.00 |
-$3,142,236.00 |
-$0.00 |
$5,457,510.00 |
| 15 |
$9,029,703.00 |
-$3,301,320.00 |
-$0.00 |
$5,728,383.00 |
| 16 |
$9,481,173.00 |
-$3,468,364.00 |
-$0.00 |
$6,012,809.00 |
| 17 |
$9,955,065.00 |
-$3,643,704.00 |
-$0.00 |
$6,311,361.00 |
| 18 |
$10,452,894.00 |
-$3,827,901.00 |
-$0.00 |
$6,624,993.00 |
| 19 |
$10,975,569.00 |
-$4,021,291.00 |
-$0.00 |
$6,954,278.00 |
| 20 |
$11,524,302.00 |
-$4,224,322.00 |
-$0.00 |
$7,299,980.00 |
| 21 |
$12,100,608.00 |
-$4,437,555.00 |
-$0.00 |
$7,663,053.00 |
| 22 |
$12,705,699.00 |
-$4,661,439.00 |
-$0.00 |
$8,044,260.00 |
| 23 |
$13,340,787.00 |
-$4,896,422.00 |
-$0.00 |
$8,444,365.00 |
| 24 |
$14,007,993.00 |
-$5,143,288.00 |
-$0.00 |
$8,864,705.00 |
| 25 |
$14,708,226.00 |
-$5,402,374.00 |
-$0.00 |
$9,305,852.00 |
| 26 |
$15,443,910.00 |
-$5,674,577.00 |
-$0.00 |
$9,769,333.00 |
| 27 |
$16,215,954.00 |
-$5,960,233.00 |
-$0.00 |
$10,255,721.00 |
| 28 |
$17,026,782.00 |
-$6,260,240.00 |
-$0.00 |
$10,766,542.00 |
| 29 |
$17,878,212.00 |
-$6,575,269.00 |
-$0.00 |
$11,302,943.00 |
| 30 |
$18,772,062.00 |
-$6,905,993.00 |
-$0.00 |
$11,866,069.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$303,000,000.00 |
-$112,110,000.00 |
-$0.00 |
$190,890,000.00 |
|
