| Cash Option ($79.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $79,700,000.00 |
-$29,449,330.00 |
-$0.00 |
$50,250,670.00 |
| Annuity ($174 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,618,874.00 |
-$929,314.00 |
-$0.00 |
$1,689,560.00 |
| 2 |
$2,749,896.00 |
-$977,792.00 |
-$0.00 |
$1,772,104.00 |
| 3 |
$2,887,356.00 |
-$1,028,652.00 |
-$0.00 |
$1,858,704.00 |
| 4 |
$3,031,776.00 |
-$1,082,088.00 |
-$0.00 |
$1,949,688.00 |
| 5 |
$3,183,330.00 |
-$1,138,162.00 |
-$0.00 |
$2,045,168.00 |
| 6 |
$3,342,540.00 |
-$1,197,070.00 |
-$0.00 |
$2,145,470.00 |
| 7 |
$3,509,580.00 |
-$1,258,875.00 |
-$0.00 |
$2,250,705.00 |
| 8 |
$3,685,146.00 |
-$1,323,834.00 |
-$0.00 |
$2,361,312.00 |
| 9 |
$3,869,412.00 |
-$1,392,013.00 |
-$0.00 |
$2,477,399.00 |
| 10 |
$4,062,900.00 |
-$1,463,603.00 |
-$0.00 |
$2,599,297.00 |
| 11 |
$4,265,958.00 |
-$1,538,735.00 |
-$0.00 |
$2,727,223.00 |
| 12 |
$4,479,282.00 |
-$1,617,665.00 |
-$0.00 |
$2,861,617.00 |
| 13 |
$4,703,220.00 |
-$1,700,522.00 |
-$0.00 |
$3,002,698.00 |
| 14 |
$4,938,468.00 |
-$1,787,564.00 |
-$0.00 |
$3,150,904.00 |
| 15 |
$5,185,374.00 |
-$1,878,919.00 |
-$0.00 |
$3,306,455.00 |
| 16 |
$5,444,634.00 |
-$1,974,845.00 |
-$0.00 |
$3,469,789.00 |
| 17 |
$5,716,770.00 |
-$2,075,535.00 |
-$0.00 |
$3,641,235.00 |
| 18 |
$6,002,652.00 |
-$2,181,312.00 |
-$0.00 |
$3,821,340.00 |
| 19 |
$6,302,802.00 |
-$2,292,367.00 |
-$0.00 |
$4,010,435.00 |
| 20 |
$6,617,916.00 |
-$2,408,959.00 |
-$0.00 |
$4,208,957.00 |
| 21 |
$6,948,864.00 |
-$2,531,410.00 |
-$0.00 |
$4,417,454.00 |
| 22 |
$7,296,342.00 |
-$2,659,977.00 |
-$0.00 |
$4,636,365.00 |
| 23 |
$7,661,046.00 |
-$2,794,917.00 |
-$0.00 |
$4,866,129.00 |
| 24 |
$8,044,194.00 |
-$2,936,682.00 |
-$0.00 |
$5,107,512.00 |
| 25 |
$8,446,308.00 |
-$3,085,464.00 |
-$0.00 |
$5,360,844.00 |
| 26 |
$8,868,780.00 |
-$3,241,779.00 |
-$0.00 |
$5,627,001.00 |
| 27 |
$9,312,132.00 |
-$3,405,819.00 |
-$0.00 |
$5,906,313.00 |
| 28 |
$9,777,756.00 |
-$3,578,100.00 |
-$0.00 |
$6,199,656.00 |
| 29 |
$10,266,696.00 |
-$3,759,008.00 |
-$0.00 |
$6,507,688.00 |
| 30 |
$10,779,996.00 |
-$3,948,929.00 |
-$0.00 |
$6,831,067.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$174,000,000.00 |
-$64,380,000.00 |
-$0.00 |
$109,620,000.00 |
|
