| Cash Option ($13.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $13,900,000.00 |
-$5,103,330.00 |
-$0.00 |
$8,796,670.00 |
| Annuity ($30 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$451,530.00 |
-$127,396.00 |
-$0.00 |
$324,134.00 |
| 2 |
$474,120.00 |
-$135,755.00 |
-$0.00 |
$338,365.00 |
| 3 |
$497,820.00 |
-$144,524.00 |
-$0.00 |
$353,296.00 |
| 4 |
$522,720.00 |
-$153,737.00 |
-$0.00 |
$368,983.00 |
| 5 |
$548,850.00 |
-$163,405.00 |
-$0.00 |
$385,445.00 |
| 6 |
$576,300.00 |
-$173,561.00 |
-$0.00 |
$402,739.00 |
| 7 |
$605,100.00 |
-$184,217.00 |
-$0.00 |
$420,883.00 |
| 8 |
$635,370.00 |
-$195,417.00 |
-$0.00 |
$439,953.00 |
| 9 |
$667,140.00 |
-$207,172.00 |
-$0.00 |
$459,968.00 |
| 10 |
$700,500.00 |
-$219,515.00 |
-$0.00 |
$480,985.00 |
| 11 |
$735,510.00 |
-$232,469.00 |
-$0.00 |
$503,041.00 |
| 12 |
$772,290.00 |
-$246,078.00 |
-$0.00 |
$526,212.00 |
| 13 |
$810,900.00 |
-$260,363.00 |
-$0.00 |
$550,537.00 |
| 14 |
$851,460.00 |
-$275,371.00 |
-$0.00 |
$576,089.00 |
| 15 |
$894,030.00 |
-$291,121.00 |
-$0.00 |
$602,909.00 |
| 16 |
$938,730.00 |
-$307,660.00 |
-$0.00 |
$631,070.00 |
| 17 |
$985,650.00 |
-$325,021.00 |
-$0.00 |
$660,629.00 |
| 18 |
$1,034,940.00 |
-$343,258.00 |
-$0.00 |
$691,682.00 |
| 19 |
$1,086,690.00 |
-$362,406.00 |
-$0.00 |
$724,284.00 |
| 20 |
$1,141,020.00 |
-$382,508.00 |
-$0.00 |
$758,512.00 |
| 21 |
$1,198,080.00 |
-$403,620.00 |
-$0.00 |
$794,460.00 |
| 22 |
$1,257,990.00 |
-$425,787.00 |
-$0.00 |
$832,203.00 |
| 23 |
$1,320,870.00 |
-$449,052.00 |
-$0.00 |
$871,818.00 |
| 24 |
$1,386,930.00 |
-$473,494.00 |
-$0.00 |
$913,436.00 |
| 25 |
$1,456,260.00 |
-$499,147.00 |
-$0.00 |
$957,113.00 |
| 26 |
$1,529,100.00 |
-$526,097.00 |
-$0.00 |
$1,003,003.00 |
| 27 |
$1,605,540.00 |
-$554,380.00 |
-$0.00 |
$1,051,160.00 |
| 28 |
$1,685,820.00 |
-$584,084.00 |
-$0.00 |
$1,101,736.00 |
| 29 |
$1,770,120.00 |
-$615,275.00 |
-$0.00 |
$1,154,845.00 |
| 30 |
$1,858,620.00 |
-$648,020.00 |
-$0.00 |
$1,210,600.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$30,000,000.00 |
-$11,100,000.00 |
-$0.00 |
$18,900,000.00 |
|
