| Cash Option ($35.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $35,400,000.00 |
-$13,058,330.00 |
-$0.00 |
$22,341,670.00 |
| Annuity ($75 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,128,825.00 |
-$377,996.00 |
-$0.00 |
$750,829.00 |
| 2 |
$1,185,300.00 |
-$398,891.00 |
-$0.00 |
$786,409.00 |
| 3 |
$1,244,550.00 |
-$420,814.00 |
-$0.00 |
$823,736.00 |
| 4 |
$1,306,800.00 |
-$443,846.00 |
-$0.00 |
$862,954.00 |
| 5 |
$1,372,125.00 |
-$468,017.00 |
-$0.00 |
$904,108.00 |
| 6 |
$1,440,750.00 |
-$493,408.00 |
-$0.00 |
$947,342.00 |
| 7 |
$1,512,750.00 |
-$520,048.00 |
-$0.00 |
$992,702.00 |
| 8 |
$1,588,425.00 |
-$548,048.00 |
-$0.00 |
$1,040,377.00 |
| 9 |
$1,667,850.00 |
-$577,435.00 |
-$0.00 |
$1,090,415.00 |
| 10 |
$1,751,250.00 |
-$608,293.00 |
-$0.00 |
$1,142,957.00 |
| 11 |
$1,838,775.00 |
-$640,677.00 |
-$0.00 |
$1,198,098.00 |
| 12 |
$1,930,725.00 |
-$674,699.00 |
-$0.00 |
$1,256,026.00 |
| 13 |
$2,027,250.00 |
-$710,413.00 |
-$0.00 |
$1,316,837.00 |
| 14 |
$2,128,650.00 |
-$747,931.00 |
-$0.00 |
$1,380,719.00 |
| 15 |
$2,235,075.00 |
-$787,308.00 |
-$0.00 |
$1,447,767.00 |
| 16 |
$2,346,825.00 |
-$828,656.00 |
-$0.00 |
$1,518,169.00 |
| 17 |
$2,464,125.00 |
-$872,057.00 |
-$0.00 |
$1,592,068.00 |
| 18 |
$2,587,350.00 |
-$917,650.00 |
-$0.00 |
$1,669,700.00 |
| 19 |
$2,716,725.00 |
-$965,519.00 |
-$0.00 |
$1,751,206.00 |
| 20 |
$2,852,550.00 |
-$1,015,774.00 |
-$0.00 |
$1,836,776.00 |
| 21 |
$2,995,200.00 |
-$1,068,554.00 |
-$0.00 |
$1,926,646.00 |
| 22 |
$3,144,975.00 |
-$1,123,971.00 |
-$0.00 |
$2,021,004.00 |
| 23 |
$3,302,175.00 |
-$1,182,135.00 |
-$0.00 |
$2,120,040.00 |
| 24 |
$3,467,325.00 |
-$1,243,241.00 |
-$0.00 |
$2,224,084.00 |
| 25 |
$3,640,650.00 |
-$1,307,371.00 |
-$0.00 |
$2,333,279.00 |
| 26 |
$3,822,750.00 |
-$1,374,748.00 |
-$0.00 |
$2,448,002.00 |
| 27 |
$4,013,850.00 |
-$1,445,455.00 |
-$0.00 |
$2,568,395.00 |
| 28 |
$4,214,550.00 |
-$1,519,714.00 |
-$0.00 |
$2,694,836.00 |
| 29 |
$4,425,300.00 |
-$1,597,691.00 |
-$0.00 |
$2,827,609.00 |
| 30 |
$4,646,550.00 |
-$1,679,554.00 |
-$0.00 |
$2,966,996.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$75,000,000.00 |
-$27,750,000.00 |
-$0.00 |
$47,250,000.00 |
|
