| Cash Option ($180.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $180,200,000.00 |
-$66,634,330.00 |
-$0.00 |
$113,565,670.00 |
| Annuity ($396 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,960,196.00 |
-$2,165,603.00 |
-$0.00 |
$3,794,593.00 |
| 2 |
$6,258,384.00 |
-$2,275,932.00 |
-$0.00 |
$3,982,452.00 |
| 3 |
$6,571,224.00 |
-$2,391,683.00 |
-$0.00 |
$4,179,541.00 |
| 4 |
$6,899,904.00 |
-$2,513,295.00 |
-$0.00 |
$4,386,609.00 |
| 5 |
$7,244,820.00 |
-$2,640,914.00 |
-$0.00 |
$4,603,906.00 |
| 6 |
$7,607,160.00 |
-$2,774,980.00 |
-$0.00 |
$4,832,180.00 |
| 7 |
$7,987,320.00 |
-$2,915,639.00 |
-$0.00 |
$5,071,681.00 |
| 8 |
$8,386,884.00 |
-$3,063,477.00 |
-$0.00 |
$5,323,407.00 |
| 9 |
$8,806,248.00 |
-$3,218,642.00 |
-$0.00 |
$5,587,606.00 |
| 10 |
$9,246,600.00 |
-$3,381,572.00 |
-$0.00 |
$5,865,028.00 |
| 11 |
$9,708,732.00 |
-$3,552,561.00 |
-$0.00 |
$6,156,171.00 |
| 12 |
$10,194,228.00 |
-$3,732,195.00 |
-$0.00 |
$6,462,033.00 |
| 13 |
$10,703,880.00 |
-$3,920,766.00 |
-$0.00 |
$6,783,114.00 |
| 14 |
$11,239,272.00 |
-$4,118,861.00 |
-$0.00 |
$7,120,411.00 |
| 15 |
$11,801,196.00 |
-$4,326,773.00 |
-$0.00 |
$7,474,423.00 |
| 16 |
$12,391,236.00 |
-$4,545,088.00 |
-$0.00 |
$7,846,148.00 |
| 17 |
$13,010,580.00 |
-$4,774,245.00 |
-$0.00 |
$8,236,335.00 |
| 18 |
$13,661,208.00 |
-$5,014,977.00 |
-$0.00 |
$8,646,231.00 |
| 19 |
$14,344,308.00 |
-$5,267,724.00 |
-$0.00 |
$9,076,584.00 |
| 20 |
$15,061,464.00 |
-$5,533,072.00 |
-$0.00 |
$9,528,392.00 |
| 21 |
$15,814,656.00 |
-$5,811,753.00 |
-$0.00 |
$10,002,903.00 |
| 22 |
$16,605,468.00 |
-$6,104,354.00 |
-$0.00 |
$10,501,114.00 |
| 23 |
$17,435,484.00 |
-$6,411,459.00 |
-$0.00 |
$11,024,025.00 |
| 24 |
$18,307,476.00 |
-$6,734,097.00 |
-$0.00 |
$11,573,379.00 |
| 25 |
$19,222,632.00 |
-$7,072,704.00 |
-$0.00 |
$12,149,928.00 |
| 26 |
$20,184,120.00 |
-$7,428,455.00 |
-$0.00 |
$12,755,665.00 |
| 27 |
$21,193,128.00 |
-$7,801,788.00 |
-$0.00 |
$13,391,340.00 |
| 28 |
$22,252,824.00 |
-$8,193,875.00 |
-$0.00 |
$14,058,949.00 |
| 29 |
$23,365,584.00 |
-$8,605,596.00 |
-$0.00 |
$14,759,988.00 |
| 30 |
$24,533,784.00 |
-$9,037,830.00 |
-$0.00 |
$15,495,954.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$396,000,000.00 |
-$146,520,000.00 |
-$0.00 |
$249,480,000.00 |
|
