| Cash Option ($98.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $98,300,000.00 |
-$36,331,330.00 |
-$0.00 |
$61,968,670.00 |
| Annuity ($215 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,235,965.00 |
-$1,157,637.00 |
-$0.00 |
$2,078,328.00 |
| 2 |
$3,397,860.00 |
-$1,217,539.00 |
-$0.00 |
$2,180,321.00 |
| 3 |
$3,567,710.00 |
-$1,280,383.00 |
-$0.00 |
$2,287,327.00 |
| 4 |
$3,746,160.00 |
-$1,346,410.00 |
-$0.00 |
$2,399,750.00 |
| 5 |
$3,933,425.00 |
-$1,415,698.00 |
-$0.00 |
$2,517,727.00 |
| 6 |
$4,130,150.00 |
-$1,488,486.00 |
-$0.00 |
$2,641,664.00 |
| 7 |
$4,336,550.00 |
-$1,564,854.00 |
-$0.00 |
$2,771,696.00 |
| 8 |
$4,553,485.00 |
-$1,645,120.00 |
-$0.00 |
$2,908,365.00 |
| 9 |
$4,781,170.00 |
-$1,729,363.00 |
-$0.00 |
$3,051,807.00 |
| 10 |
$5,020,250.00 |
-$1,817,823.00 |
-$0.00 |
$3,202,427.00 |
| 11 |
$5,271,155.00 |
-$1,910,658.00 |
-$0.00 |
$3,360,497.00 |
| 12 |
$5,534,745.00 |
-$2,008,186.00 |
-$0.00 |
$3,526,559.00 |
| 13 |
$5,811,450.00 |
-$2,110,567.00 |
-$0.00 |
$3,700,883.00 |
| 14 |
$6,102,130.00 |
-$2,218,118.00 |
-$0.00 |
$3,884,012.00 |
| 15 |
$6,407,215.00 |
-$2,331,000.00 |
-$0.00 |
$4,076,215.00 |
| 16 |
$6,727,565.00 |
-$2,449,529.00 |
-$0.00 |
$4,278,036.00 |
| 17 |
$7,063,825.00 |
-$2,573,946.00 |
-$0.00 |
$4,489,879.00 |
| 18 |
$7,417,070.00 |
-$2,704,646.00 |
-$0.00 |
$4,712,424.00 |
| 19 |
$7,787,945.00 |
-$2,841,870.00 |
-$0.00 |
$4,946,075.00 |
| 20 |
$8,177,310.00 |
-$2,985,935.00 |
-$0.00 |
$5,191,375.00 |
| 21 |
$8,586,240.00 |
-$3,137,239.00 |
-$0.00 |
$5,449,001.00 |
| 22 |
$9,015,595.00 |
-$3,296,101.00 |
-$0.00 |
$5,719,494.00 |
| 23 |
$9,466,235.00 |
-$3,462,837.00 |
-$0.00 |
$6,003,398.00 |
| 24 |
$9,939,665.00 |
-$3,638,006.00 |
-$0.00 |
$6,301,659.00 |
| 25 |
$10,436,530.00 |
-$3,821,846.00 |
-$0.00 |
$6,614,684.00 |
| 26 |
$10,958,550.00 |
-$4,014,994.00 |
-$0.00 |
$6,943,556.00 |
| 27 |
$11,506,370.00 |
-$4,217,687.00 |
-$0.00 |
$7,288,683.00 |
| 28 |
$12,081,710.00 |
-$4,430,563.00 |
-$0.00 |
$7,651,147.00 |
| 29 |
$12,685,860.00 |
-$4,654,099.00 |
-$0.00 |
$8,031,761.00 |
| 30 |
$13,320,110.00 |
-$4,888,771.00 |
-$0.00 |
$8,431,339.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$215,000,000.00 |
-$79,550,000.00 |
-$0.00 |
$135,450,000.00 |
|
