| Cash Option ($126.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $126,100,000.00 |
-$46,617,330.00 |
-$0.00 |
$79,482,670.00 |
| Annuity ($280 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,214,280.00 |
-$1,519,614.00 |
-$0.00 |
$2,694,666.00 |
| 2 |
$4,425,120.00 |
-$1,597,625.00 |
-$0.00 |
$2,827,495.00 |
| 3 |
$4,646,320.00 |
-$1,679,469.00 |
-$0.00 |
$2,966,851.00 |
| 4 |
$4,878,720.00 |
-$1,765,457.00 |
-$0.00 |
$3,113,263.00 |
| 5 |
$5,122,600.00 |
-$1,855,692.00 |
-$0.00 |
$3,266,908.00 |
| 6 |
$5,378,800.00 |
-$1,950,486.00 |
-$0.00 |
$3,428,314.00 |
| 7 |
$5,647,600.00 |
-$2,049,942.00 |
-$0.00 |
$3,597,658.00 |
| 8 |
$5,930,120.00 |
-$2,154,475.00 |
-$0.00 |
$3,775,645.00 |
| 9 |
$6,226,640.00 |
-$2,264,187.00 |
-$0.00 |
$3,962,453.00 |
| 10 |
$6,538,000.00 |
-$2,379,390.00 |
-$0.00 |
$4,158,610.00 |
| 11 |
$6,864,760.00 |
-$2,500,292.00 |
-$0.00 |
$4,364,468.00 |
| 12 |
$7,208,040.00 |
-$2,627,305.00 |
-$0.00 |
$4,580,735.00 |
| 13 |
$7,568,400.00 |
-$2,760,638.00 |
-$0.00 |
$4,807,762.00 |
| 14 |
$7,946,960.00 |
-$2,900,706.00 |
-$0.00 |
$5,046,254.00 |
| 15 |
$8,344,280.00 |
-$3,047,714.00 |
-$0.00 |
$5,296,566.00 |
| 16 |
$8,761,480.00 |
-$3,202,078.00 |
-$0.00 |
$5,559,402.00 |
| 17 |
$9,199,400.00 |
-$3,364,108.00 |
-$0.00 |
$5,835,292.00 |
| 18 |
$9,659,440.00 |
-$3,534,323.00 |
-$0.00 |
$6,125,117.00 |
| 19 |
$10,142,440.00 |
-$3,713,033.00 |
-$0.00 |
$6,429,407.00 |
| 20 |
$10,649,520.00 |
-$3,900,653.00 |
-$0.00 |
$6,748,867.00 |
| 21 |
$11,182,080.00 |
-$4,097,700.00 |
-$0.00 |
$7,084,380.00 |
| 22 |
$11,741,240.00 |
-$4,304,589.00 |
-$0.00 |
$7,436,651.00 |
| 23 |
$12,328,120.00 |
-$4,521,735.00 |
-$0.00 |
$7,806,385.00 |
| 24 |
$12,944,680.00 |
-$4,749,862.00 |
-$0.00 |
$8,194,818.00 |
| 25 |
$13,591,760.00 |
-$4,989,282.00 |
-$0.00 |
$8,602,478.00 |
| 26 |
$14,271,600.00 |
-$5,240,822.00 |
-$0.00 |
$9,030,778.00 |
| 27 |
$14,985,040.00 |
-$5,504,795.00 |
-$0.00 |
$9,480,245.00 |
| 28 |
$15,734,320.00 |
-$5,782,029.00 |
-$0.00 |
$9,952,291.00 |
| 29 |
$16,521,120.00 |
-$6,073,145.00 |
-$0.00 |
$10,447,975.00 |
| 30 |
$17,347,120.00 |
-$6,378,765.00 |
-$0.00 |
$10,968,355.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$280,000,000.00 |
-$103,600,000.00 |
-$0.00 |
$176,400,000.00 |
|
