| Cash Option ($25.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $25,800,000.00 |
-$9,506,330.00 |
-$0.00 |
$16,293,670.00 |
| Annuity ($54 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$812,754.00 |
-$261,049.00 |
-$0.00 |
$551,705.00 |
| 2 |
$853,416.00 |
-$276,094.00 |
-$0.00 |
$577,322.00 |
| 3 |
$896,076.00 |
-$291,879.00 |
-$0.00 |
$604,197.00 |
| 4 |
$940,896.00 |
-$308,462.00 |
-$0.00 |
$632,434.00 |
| 5 |
$987,930.00 |
-$325,864.00 |
-$0.00 |
$662,066.00 |
| 6 |
$1,037,340.00 |
-$344,146.00 |
-$0.00 |
$693,194.00 |
| 7 |
$1,089,180.00 |
-$363,327.00 |
-$0.00 |
$725,853.00 |
| 8 |
$1,143,666.00 |
-$383,487.00 |
-$0.00 |
$760,179.00 |
| 9 |
$1,200,852.00 |
-$404,646.00 |
-$0.00 |
$796,206.00 |
| 10 |
$1,260,900.00 |
-$426,863.00 |
-$0.00 |
$834,037.00 |
| 11 |
$1,323,918.00 |
-$450,180.00 |
-$0.00 |
$873,738.00 |
| 12 |
$1,390,122.00 |
-$474,676.00 |
-$0.00 |
$915,446.00 |
| 13 |
$1,459,620.00 |
-$500,390.00 |
-$0.00 |
$959,230.00 |
| 14 |
$1,532,628.00 |
-$527,403.00 |
-$0.00 |
$1,005,225.00 |
| 15 |
$1,609,254.00 |
-$555,754.00 |
-$0.00 |
$1,053,500.00 |
| 16 |
$1,689,714.00 |
-$585,525.00 |
-$0.00 |
$1,104,189.00 |
| 17 |
$1,774,170.00 |
-$616,773.00 |
-$0.00 |
$1,157,397.00 |
| 18 |
$1,862,892.00 |
-$649,600.00 |
-$0.00 |
$1,213,292.00 |
| 19 |
$1,956,042.00 |
-$684,066.00 |
-$0.00 |
$1,271,976.00 |
| 20 |
$2,053,836.00 |
-$720,250.00 |
-$0.00 |
$1,333,586.00 |
| 21 |
$2,156,544.00 |
-$758,252.00 |
-$0.00 |
$1,398,292.00 |
| 22 |
$2,264,382.00 |
-$798,152.00 |
-$0.00 |
$1,466,230.00 |
| 23 |
$2,377,566.00 |
-$840,030.00 |
-$0.00 |
$1,537,536.00 |
| 24 |
$2,496,474.00 |
-$884,026.00 |
-$0.00 |
$1,612,448.00 |
| 25 |
$2,621,268.00 |
-$930,200.00 |
-$0.00 |
$1,691,068.00 |
| 26 |
$2,752,380.00 |
-$978,711.00 |
-$0.00 |
$1,773,669.00 |
| 27 |
$2,889,972.00 |
-$1,029,620.00 |
-$0.00 |
$1,860,352.00 |
| 28 |
$3,034,476.00 |
-$1,083,087.00 |
-$0.00 |
$1,951,389.00 |
| 29 |
$3,186,216.00 |
-$1,139,230.00 |
-$0.00 |
$2,046,986.00 |
| 30 |
$3,345,516.00 |
-$1,198,171.00 |
-$0.00 |
$2,147,345.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$54,000,000.00 |
-$19,980,000.00 |
-$0.00 |
$34,020,000.00 |
|
