| Cash Option ($92.5 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $92,500,000.00 |
-$34,185,330.00 |
-$0.00 |
$58,314,670.00 |
| Annuity ($203 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,055,353.00 |
-$1,090,811.00 |
-$0.00 |
$1,964,542.00 |
| 2 |
$3,208,212.00 |
-$1,147,369.00 |
-$0.00 |
$2,060,843.00 |
| 3 |
$3,368,582.00 |
-$1,206,706.00 |
-$0.00 |
$2,161,876.00 |
| 4 |
$3,537,072.00 |
-$1,269,047.00 |
-$0.00 |
$2,268,025.00 |
| 5 |
$3,713,885.00 |
-$1,334,468.00 |
-$0.00 |
$2,379,417.00 |
| 6 |
$3,899,630.00 |
-$1,403,193.00 |
-$0.00 |
$2,496,437.00 |
| 7 |
$4,094,510.00 |
-$1,475,299.00 |
-$0.00 |
$2,619,211.00 |
| 8 |
$4,299,337.00 |
-$1,551,085.00 |
-$0.00 |
$2,748,252.00 |
| 9 |
$4,514,314.00 |
-$1,630,627.00 |
-$0.00 |
$2,883,687.00 |
| 10 |
$4,740,050.00 |
-$1,714,149.00 |
-$0.00 |
$3,025,901.00 |
| 11 |
$4,976,951.00 |
-$1,801,802.00 |
-$0.00 |
$3,175,149.00 |
| 12 |
$5,225,829.00 |
-$1,893,887.00 |
-$0.00 |
$3,331,942.00 |
| 13 |
$5,487,090.00 |
-$1,990,554.00 |
-$0.00 |
$3,496,536.00 |
| 14 |
$5,761,546.00 |
-$2,092,102.00 |
-$0.00 |
$3,669,444.00 |
| 15 |
$6,049,603.00 |
-$2,198,683.00 |
-$0.00 |
$3,850,920.00 |
| 16 |
$6,352,073.00 |
-$2,310,597.00 |
-$0.00 |
$4,041,476.00 |
| 17 |
$6,669,565.00 |
-$2,428,069.00 |
-$0.00 |
$4,241,496.00 |
| 18 |
$7,003,094.00 |
-$2,551,475.00 |
-$0.00 |
$4,451,619.00 |
| 19 |
$7,353,269.00 |
-$2,681,040.00 |
-$0.00 |
$4,672,229.00 |
| 20 |
$7,720,902.00 |
-$2,817,064.00 |
-$0.00 |
$4,903,838.00 |
| 21 |
$8,107,008.00 |
-$2,959,923.00 |
-$0.00 |
$5,147,085.00 |
| 22 |
$8,512,399.00 |
-$3,109,918.00 |
-$0.00 |
$5,402,481.00 |
| 23 |
$8,937,887.00 |
-$3,267,349.00 |
-$0.00 |
$5,670,538.00 |
| 24 |
$9,384,893.00 |
-$3,432,741.00 |
-$0.00 |
$5,952,152.00 |
| 25 |
$9,854,026.00 |
-$3,606,320.00 |
-$0.00 |
$6,247,706.00 |
| 26 |
$10,346,910.00 |
-$3,788,687.00 |
-$0.00 |
$6,558,223.00 |
| 27 |
$10,864,154.00 |
-$3,980,067.00 |
-$0.00 |
$6,884,087.00 |
| 28 |
$11,407,382.00 |
-$4,181,062.00 |
-$0.00 |
$7,226,320.00 |
| 29 |
$11,977,812.00 |
-$4,392,121.00 |
-$0.00 |
$7,585,691.00 |
| 30 |
$12,576,662.00 |
-$4,613,695.00 |
-$0.00 |
$7,962,967.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$203,000,000.00 |
-$75,110,000.00 |
-$0.00 |
$127,890,000.00 |
|
