| Cash Option ($97.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $97,400,000.00 |
-$35,998,330.00 |
-$0.00 |
$61,401,670.00 |
| Annuity ($217 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,266,067.00 |
-$1,168,775.00 |
-$0.00 |
$2,097,292.00 |
| 2 |
$3,429,468.00 |
-$1,229,234.00 |
-$0.00 |
$2,200,234.00 |
| 3 |
$3,600,898.00 |
-$1,292,663.00 |
-$0.00 |
$2,308,235.00 |
| 4 |
$3,781,008.00 |
-$1,359,303.00 |
-$0.00 |
$2,421,705.00 |
| 5 |
$3,970,015.00 |
-$1,429,236.00 |
-$0.00 |
$2,540,779.00 |
| 6 |
$4,168,570.00 |
-$1,502,701.00 |
-$0.00 |
$2,665,869.00 |
| 7 |
$4,376,890.00 |
-$1,579,780.00 |
-$0.00 |
$2,797,110.00 |
| 8 |
$4,595,843.00 |
-$1,660,792.00 |
-$0.00 |
$2,935,051.00 |
| 9 |
$4,825,646.00 |
-$1,745,819.00 |
-$0.00 |
$3,079,827.00 |
| 10 |
$5,066,950.00 |
-$1,835,102.00 |
-$0.00 |
$3,231,848.00 |
| 11 |
$5,320,189.00 |
-$1,928,800.00 |
-$0.00 |
$3,391,389.00 |
| 12 |
$5,586,231.00 |
-$2,027,236.00 |
-$0.00 |
$3,558,995.00 |
| 13 |
$5,865,510.00 |
-$2,130,569.00 |
-$0.00 |
$3,734,941.00 |
| 14 |
$6,158,894.00 |
-$2,239,121.00 |
-$0.00 |
$3,919,773.00 |
| 15 |
$6,466,817.00 |
-$2,353,053.00 |
-$0.00 |
$4,113,764.00 |
| 16 |
$6,790,147.00 |
-$2,472,685.00 |
-$0.00 |
$4,317,462.00 |
| 17 |
$7,129,535.00 |
-$2,598,258.00 |
-$0.00 |
$4,531,277.00 |
| 18 |
$7,486,066.00 |
-$2,730,175.00 |
-$0.00 |
$4,755,891.00 |
| 19 |
$7,860,391.00 |
-$2,868,675.00 |
-$0.00 |
$4,991,716.00 |
| 20 |
$8,253,378.00 |
-$3,014,080.00 |
-$0.00 |
$5,239,298.00 |
| 21 |
$8,666,112.00 |
-$3,166,792.00 |
-$0.00 |
$5,499,320.00 |
| 22 |
$9,099,461.00 |
-$3,327,131.00 |
-$0.00 |
$5,772,330.00 |
| 23 |
$9,554,293.00 |
-$3,495,419.00 |
-$0.00 |
$6,058,874.00 |
| 24 |
$10,032,127.00 |
-$3,672,217.00 |
-$0.00 |
$6,359,910.00 |
| 25 |
$10,533,614.00 |
-$3,857,768.00 |
-$0.00 |
$6,675,846.00 |
| 26 |
$11,060,490.00 |
-$4,052,712.00 |
-$0.00 |
$7,007,778.00 |
| 27 |
$11,613,406.00 |
-$4,257,291.00 |
-$0.00 |
$7,356,115.00 |
| 28 |
$12,194,098.00 |
-$4,472,147.00 |
-$0.00 |
$7,721,951.00 |
| 29 |
$12,803,868.00 |
-$4,697,762.00 |
-$0.00 |
$8,106,106.00 |
| 30 |
$13,444,018.00 |
-$4,934,617.00 |
-$0.00 |
$8,509,401.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$217,000,000.00 |
-$80,290,000.00 |
-$0.00 |
$136,710,000.00 |
|
