| Cash Option ($36.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $36,400,000.00 |
-$13,428,330.00 |
-$0.00 |
$22,971,670.00 |
| Annuity ($80 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,204,080.00 |
-$405,840.00 |
-$0.00 |
$798,240.00 |
| 2 |
$1,264,320.00 |
-$428,129.00 |
-$0.00 |
$836,191.00 |
| 3 |
$1,327,520.00 |
-$451,513.00 |
-$0.00 |
$876,007.00 |
| 4 |
$1,393,920.00 |
-$476,081.00 |
-$0.00 |
$917,839.00 |
| 5 |
$1,463,600.00 |
-$501,862.00 |
-$0.00 |
$961,738.00 |
| 6 |
$1,536,800.00 |
-$528,946.00 |
-$0.00 |
$1,007,854.00 |
| 7 |
$1,613,600.00 |
-$557,362.00 |
-$0.00 |
$1,056,238.00 |
| 8 |
$1,694,320.00 |
-$587,229.00 |
-$0.00 |
$1,107,091.00 |
| 9 |
$1,779,040.00 |
-$618,575.00 |
-$0.00 |
$1,160,465.00 |
| 10 |
$1,868,000.00 |
-$651,490.00 |
-$0.00 |
$1,216,510.00 |
| 11 |
$1,961,360.00 |
-$686,034.00 |
-$0.00 |
$1,275,326.00 |
| 12 |
$2,059,440.00 |
-$722,323.00 |
-$0.00 |
$1,337,117.00 |
| 13 |
$2,162,400.00 |
-$760,418.00 |
-$0.00 |
$1,401,982.00 |
| 14 |
$2,270,560.00 |
-$800,438.00 |
-$0.00 |
$1,470,122.00 |
| 15 |
$2,384,080.00 |
-$842,440.00 |
-$0.00 |
$1,541,640.00 |
| 16 |
$2,503,280.00 |
-$886,544.00 |
-$0.00 |
$1,616,736.00 |
| 17 |
$2,628,400.00 |
-$932,838.00 |
-$0.00 |
$1,695,562.00 |
| 18 |
$2,759,840.00 |
-$981,471.00 |
-$0.00 |
$1,778,369.00 |
| 19 |
$2,897,840.00 |
-$1,032,531.00 |
-$0.00 |
$1,865,309.00 |
| 20 |
$3,042,720.00 |
-$1,086,137.00 |
-$0.00 |
$1,956,583.00 |
| 21 |
$3,194,880.00 |
-$1,142,436.00 |
-$0.00 |
$2,052,444.00 |
| 22 |
$3,354,640.00 |
-$1,201,547.00 |
-$0.00 |
$2,153,093.00 |
| 23 |
$3,522,320.00 |
-$1,263,589.00 |
-$0.00 |
$2,258,731.00 |
| 24 |
$3,698,480.00 |
-$1,328,768.00 |
-$0.00 |
$2,369,712.00 |
| 25 |
$3,883,360.00 |
-$1,397,174.00 |
-$0.00 |
$2,486,186.00 |
| 26 |
$4,077,600.00 |
-$1,469,042.00 |
-$0.00 |
$2,608,558.00 |
| 27 |
$4,281,440.00 |
-$1,544,463.00 |
-$0.00 |
$2,736,977.00 |
| 28 |
$4,495,520.00 |
-$1,623,673.00 |
-$0.00 |
$2,871,847.00 |
| 29 |
$4,720,320.00 |
-$1,706,849.00 |
-$0.00 |
$3,013,471.00 |
| 30 |
$4,956,320.00 |
-$1,794,169.00 |
-$0.00 |
$3,162,151.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$80,000,000.00 |
-$29,600,000.00 |
-$0.00 |
$50,400,000.00 |
|
