| Cash Option ($20 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $20,000,000.00 |
-$7,360,330.00 |
-$0.00 |
$12,639,670.00 |
| Annuity ($43 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$647,193.00 |
-$199,792.00 |
-$0.00 |
$447,401.00 |
| 2 |
$679,572.00 |
-$211,772.00 |
-$0.00 |
$467,800.00 |
| 3 |
$713,542.00 |
-$224,341.00 |
-$0.00 |
$489,201.00 |
| 4 |
$749,232.00 |
-$237,546.00 |
-$0.00 |
$511,686.00 |
| 5 |
$786,685.00 |
-$251,404.00 |
-$0.00 |
$535,281.00 |
| 6 |
$826,030.00 |
-$265,961.00 |
-$0.00 |
$560,069.00 |
| 7 |
$867,310.00 |
-$281,235.00 |
-$0.00 |
$586,075.00 |
| 8 |
$910,697.00 |
-$297,288.00 |
-$0.00 |
$613,409.00 |
| 9 |
$956,234.00 |
-$314,137.00 |
-$0.00 |
$642,097.00 |
| 10 |
$1,004,050.00 |
-$331,829.00 |
-$0.00 |
$672,221.00 |
| 11 |
$1,054,231.00 |
-$350,396.00 |
-$0.00 |
$703,835.00 |
| 12 |
$1,106,949.00 |
-$369,902.00 |
-$0.00 |
$737,047.00 |
| 13 |
$1,162,290.00 |
-$390,378.00 |
-$0.00 |
$771,912.00 |
| 14 |
$1,220,426.00 |
-$411,888.00 |
-$0.00 |
$808,538.00 |
| 15 |
$1,281,443.00 |
-$434,464.00 |
-$0.00 |
$846,979.00 |
| 16 |
$1,345,513.00 |
-$458,170.00 |
-$0.00 |
$887,343.00 |
| 17 |
$1,412,765.00 |
-$483,053.00 |
-$0.00 |
$929,712.00 |
| 18 |
$1,483,414.00 |
-$509,194.00 |
-$0.00 |
$974,220.00 |
| 19 |
$1,557,589.00 |
-$536,638.00 |
-$0.00 |
$1,020,951.00 |
| 20 |
$1,635,462.00 |
-$565,451.00 |
-$0.00 |
$1,070,011.00 |
| 21 |
$1,717,248.00 |
-$595,712.00 |
-$0.00 |
$1,121,536.00 |
| 22 |
$1,803,119.00 |
-$627,484.00 |
-$0.00 |
$1,175,635.00 |
| 23 |
$1,893,247.00 |
-$660,832.00 |
-$0.00 |
$1,232,415.00 |
| 24 |
$1,987,933.00 |
-$695,866.00 |
-$0.00 |
$1,292,067.00 |
| 25 |
$2,087,306.00 |
-$732,634.00 |
-$0.00 |
$1,354,672.00 |
| 26 |
$2,191,710.00 |
-$771,263.00 |
-$0.00 |
$1,420,447.00 |
| 27 |
$2,301,274.00 |
-$811,802.00 |
-$0.00 |
$1,489,472.00 |
| 28 |
$2,416,342.00 |
-$854,377.00 |
-$0.00 |
$1,561,965.00 |
| 29 |
$2,537,172.00 |
-$899,084.00 |
-$0.00 |
$1,638,088.00 |
| 30 |
$2,664,022.00 |
-$946,019.00 |
-$0.00 |
$1,718,003.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$43,000,000.00 |
-$15,910,000.00 |
-$0.00 |
$27,090,000.00 |
|
