| Cash Option ($220.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $220,700,000.00 |
-$81,619,330.00 |
-$0.00 |
$139,080,670.00 |
| Annuity ($467 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$7,028,817.00 |
-$2,560,993.00 |
-$0.00 |
$4,467,824.00 |
| 2 |
$7,380,468.00 |
-$2,691,104.00 |
-$0.00 |
$4,689,364.00 |
| 3 |
$7,749,398.00 |
-$2,827,608.00 |
-$0.00 |
$4,921,790.00 |
| 4 |
$8,137,008.00 |
-$2,971,023.00 |
-$0.00 |
$5,165,985.00 |
| 5 |
$8,543,765.00 |
-$3,121,523.00 |
-$0.00 |
$5,422,242.00 |
| 6 |
$8,971,070.00 |
-$3,279,626.00 |
-$0.00 |
$5,691,444.00 |
| 7 |
$9,419,390.00 |
-$3,445,505.00 |
-$0.00 |
$5,973,885.00 |
| 8 |
$9,890,593.00 |
-$3,619,850.00 |
-$0.00 |
$6,270,743.00 |
| 9 |
$10,385,146.00 |
-$3,802,834.00 |
-$0.00 |
$6,582,312.00 |
| 10 |
$10,904,450.00 |
-$3,994,977.00 |
-$0.00 |
$6,909,473.00 |
| 11 |
$11,449,439.00 |
-$4,196,623.00 |
-$0.00 |
$7,252,816.00 |
| 12 |
$12,021,981.00 |
-$4,408,463.00 |
-$0.00 |
$7,613,518.00 |
| 13 |
$12,623,010.00 |
-$4,630,844.00 |
-$0.00 |
$7,992,166.00 |
| 14 |
$13,254,394.00 |
-$4,864,456.00 |
-$0.00 |
$8,389,938.00 |
| 15 |
$13,917,067.00 |
-$5,109,645.00 |
-$0.00 |
$8,807,422.00 |
| 16 |
$14,612,897.00 |
-$5,367,102.00 |
-$0.00 |
$9,245,795.00 |
| 17 |
$15,343,285.00 |
-$5,637,346.00 |
-$0.00 |
$9,705,939.00 |
| 18 |
$16,110,566.00 |
-$5,921,240.00 |
-$0.00 |
$10,189,326.00 |
| 19 |
$16,916,141.00 |
-$6,219,303.00 |
-$0.00 |
$10,696,838.00 |
| 20 |
$17,761,878.00 |
-$6,532,225.00 |
-$0.00 |
$11,229,653.00 |
| 21 |
$18,650,112.00 |
-$6,860,872.00 |
-$0.00 |
$11,789,240.00 |
| 22 |
$19,582,711.00 |
-$7,205,933.00 |
-$0.00 |
$12,376,778.00 |
| 23 |
$20,561,543.00 |
-$7,568,101.00 |
-$0.00 |
$12,993,442.00 |
| 24 |
$21,589,877.00 |
-$7,948,585.00 |
-$0.00 |
$13,641,292.00 |
| 25 |
$22,669,114.00 |
-$8,347,903.00 |
-$0.00 |
$14,321,211.00 |
| 26 |
$23,802,990.00 |
-$8,767,437.00 |
-$0.00 |
$15,035,553.00 |
| 27 |
$24,992,906.00 |
-$9,207,706.00 |
-$0.00 |
$15,785,200.00 |
| 28 |
$26,242,598.00 |
-$9,670,092.00 |
-$0.00 |
$16,572,506.00 |
| 29 |
$27,554,868.00 |
-$10,155,632.00 |
-$0.00 |
$17,399,236.00 |
| 30 |
$28,932,518.00 |
-$10,665,362.00 |
-$0.00 |
$18,267,156.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$467,000,000.00 |
-$172,790,000.00 |
-$0.00 |
$294,210,000.00 |
|
