| Cash Option ($103.5 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $103,500,000.00 |
-$38,255,330.00 |
-$0.00 |
$65,244,670.00 |
| Annuity ($244 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,672,444.00 |
-$1,319,135.00 |
-$0.00 |
$2,353,309.00 |
| 2 |
$3,856,176.00 |
-$1,387,116.00 |
-$0.00 |
$2,469,060.00 |
| 3 |
$4,048,936.00 |
-$1,458,437.00 |
-$0.00 |
$2,590,499.00 |
| 4 |
$4,251,456.00 |
-$1,533,369.00 |
-$0.00 |
$2,718,087.00 |
| 5 |
$4,463,980.00 |
-$1,612,003.00 |
-$0.00 |
$2,851,977.00 |
| 6 |
$4,687,240.00 |
-$1,694,609.00 |
-$0.00 |
$2,992,631.00 |
| 7 |
$4,921,480.00 |
-$1,781,278.00 |
-$0.00 |
$3,140,202.00 |
| 8 |
$5,167,676.00 |
-$1,872,371.00 |
-$0.00 |
$3,295,305.00 |
| 9 |
$5,426,072.00 |
-$1,967,977.00 |
-$0.00 |
$3,458,095.00 |
| 10 |
$5,697,400.00 |
-$2,068,368.00 |
-$0.00 |
$3,629,032.00 |
| 11 |
$5,982,148.00 |
-$2,173,725.00 |
-$0.00 |
$3,808,423.00 |
| 12 |
$6,281,292.00 |
-$2,284,408.00 |
-$0.00 |
$3,996,884.00 |
| 13 |
$6,595,320.00 |
-$2,400,599.00 |
-$0.00 |
$4,194,721.00 |
| 14 |
$6,925,208.00 |
-$2,522,657.00 |
-$0.00 |
$4,402,551.00 |
| 15 |
$7,271,444.00 |
-$2,650,765.00 |
-$0.00 |
$4,620,679.00 |
| 16 |
$7,635,004.00 |
-$2,785,282.00 |
-$0.00 |
$4,849,722.00 |
| 17 |
$8,016,620.00 |
-$2,926,480.00 |
-$0.00 |
$5,090,140.00 |
| 18 |
$8,417,512.00 |
-$3,074,810.00 |
-$0.00 |
$5,342,702.00 |
| 19 |
$8,838,412.00 |
-$3,230,543.00 |
-$0.00 |
$5,607,869.00 |
| 20 |
$9,280,296.00 |
-$3,394,040.00 |
-$0.00 |
$5,886,256.00 |
| 21 |
$9,744,384.00 |
-$3,565,752.00 |
-$0.00 |
$6,178,632.00 |
| 22 |
$10,231,652.00 |
-$3,746,042.00 |
-$0.00 |
$6,485,610.00 |
| 23 |
$10,743,076.00 |
-$3,935,269.00 |
-$0.00 |
$6,807,807.00 |
| 24 |
$11,280,364.00 |
-$4,134,065.00 |
-$0.00 |
$7,146,299.00 |
| 25 |
$11,844,248.00 |
-$4,342,702.00 |
-$0.00 |
$7,501,546.00 |
| 26 |
$12,436,680.00 |
-$4,561,902.00 |
-$0.00 |
$7,874,778.00 |
| 27 |
$13,058,392.00 |
-$4,791,935.00 |
-$0.00 |
$8,266,457.00 |
| 28 |
$13,711,336.00 |
-$5,033,525.00 |
-$0.00 |
$8,677,811.00 |
| 29 |
$14,396,976.00 |
-$5,287,212.00 |
-$0.00 |
$9,109,764.00 |
| 30 |
$15,116,776.00 |
-$5,553,538.00 |
-$0.00 |
$9,563,238.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$244,000,000.00 |
-$90,280,000.00 |
-$0.00 |
$153,720,000.00 |
|
