| Cash Option ($129.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $129,800,000.00 |
-$47,986,330.00 |
-$0.00 |
$81,813,670.00 |
| Annuity ($281 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,229,331.00 |
-$1,525,183.00 |
-$0.00 |
$2,704,148.00 |
| 2 |
$4,440,924.00 |
-$1,603,472.00 |
-$0.00 |
$2,837,452.00 |
| 3 |
$4,662,914.00 |
-$1,685,609.00 |
-$0.00 |
$2,977,305.00 |
| 4 |
$4,896,144.00 |
-$1,771,904.00 |
-$0.00 |
$3,124,240.00 |
| 5 |
$5,140,895.00 |
-$1,862,462.00 |
-$0.00 |
$3,278,433.00 |
| 6 |
$5,398,010.00 |
-$1,957,594.00 |
-$0.00 |
$3,440,416.00 |
| 7 |
$5,667,770.00 |
-$2,057,405.00 |
-$0.00 |
$3,610,365.00 |
| 8 |
$5,951,299.00 |
-$2,162,311.00 |
-$0.00 |
$3,788,988.00 |
| 9 |
$6,248,878.00 |
-$2,272,415.00 |
-$0.00 |
$3,976,463.00 |
| 10 |
$6,561,350.00 |
-$2,388,030.00 |
-$0.00 |
$4,173,320.00 |
| 11 |
$6,889,277.00 |
-$2,509,363.00 |
-$0.00 |
$4,379,914.00 |
| 12 |
$7,233,783.00 |
-$2,636,830.00 |
-$0.00 |
$4,596,953.00 |
| 13 |
$7,595,430.00 |
-$2,770,639.00 |
-$0.00 |
$4,824,791.00 |
| 14 |
$7,975,342.00 |
-$2,911,207.00 |
-$0.00 |
$5,064,135.00 |
| 15 |
$8,374,081.00 |
-$3,058,740.00 |
-$0.00 |
$5,315,341.00 |
| 16 |
$8,792,771.00 |
-$3,213,656.00 |
-$0.00 |
$5,579,115.00 |
| 17 |
$9,232,255.00 |
-$3,376,265.00 |
-$0.00 |
$5,855,990.00 |
| 18 |
$9,693,938.00 |
-$3,547,087.00 |
-$0.00 |
$6,146,851.00 |
| 19 |
$10,178,663.00 |
-$3,726,436.00 |
-$0.00 |
$6,452,227.00 |
| 20 |
$10,687,554.00 |
-$3,914,725.00 |
-$0.00 |
$6,772,829.00 |
| 21 |
$11,222,016.00 |
-$4,112,476.00 |
-$0.00 |
$7,109,540.00 |
| 22 |
$11,783,173.00 |
-$4,320,104.00 |
-$0.00 |
$7,463,069.00 |
| 23 |
$12,372,149.00 |
-$4,538,026.00 |
-$0.00 |
$7,834,123.00 |
| 24 |
$12,990,911.00 |
-$4,766,967.00 |
-$0.00 |
$8,223,944.00 |
| 25 |
$13,640,302.00 |
-$5,007,242.00 |
-$0.00 |
$8,633,060.00 |
| 26 |
$14,322,570.00 |
-$5,259,681.00 |
-$0.00 |
$9,062,889.00 |
| 27 |
$15,038,558.00 |
-$5,524,597.00 |
-$0.00 |
$9,513,961.00 |
| 28 |
$15,790,514.00 |
-$5,802,821.00 |
-$0.00 |
$9,987,693.00 |
| 29 |
$16,580,124.00 |
-$6,094,976.00 |
-$0.00 |
$10,485,148.00 |
| 30 |
$17,409,074.00 |
-$6,401,688.00 |
-$0.00 |
$11,007,386.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$281,000,000.00 |
-$103,970,000.00 |
-$0.00 |
$177,030,000.00 |
|
