| Cash Option ($81.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $81,900,000.00 |
-$30,263,330.00 |
-$0.00 |
$51,636,670.00 |
| Annuity ($190 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,859,690.00 |
-$1,018,416.00 |
-$0.00 |
$1,841,274.00 |
| 2 |
$3,002,760.00 |
-$1,071,352.00 |
-$0.00 |
$1,931,408.00 |
| 3 |
$3,152,860.00 |
-$1,126,889.00 |
-$0.00 |
$2,025,971.00 |
| 4 |
$3,310,560.00 |
-$1,185,238.00 |
-$0.00 |
$2,125,322.00 |
| 5 |
$3,476,050.00 |
-$1,246,469.00 |
-$0.00 |
$2,229,581.00 |
| 6 |
$3,649,900.00 |
-$1,310,793.00 |
-$0.00 |
$2,339,107.00 |
| 7 |
$3,832,300.00 |
-$1,378,281.00 |
-$0.00 |
$2,454,019.00 |
| 8 |
$4,024,010.00 |
-$1,449,214.00 |
-$0.00 |
$2,574,796.00 |
| 9 |
$4,225,220.00 |
-$1,523,662.00 |
-$0.00 |
$2,701,558.00 |
| 10 |
$4,436,500.00 |
-$1,601,835.00 |
-$0.00 |
$2,834,665.00 |
| 11 |
$4,658,230.00 |
-$1,683,875.00 |
-$0.00 |
$2,974,355.00 |
| 12 |
$4,891,170.00 |
-$1,770,063.00 |
-$0.00 |
$3,121,107.00 |
| 13 |
$5,135,700.00 |
-$1,860,539.00 |
-$0.00 |
$3,275,161.00 |
| 14 |
$5,392,580.00 |
-$1,955,585.00 |
-$0.00 |
$3,436,995.00 |
| 15 |
$5,662,190.00 |
-$2,055,341.00 |
-$0.00 |
$3,606,849.00 |
| 16 |
$5,945,290.00 |
-$2,160,088.00 |
-$0.00 |
$3,785,202.00 |
| 17 |
$6,242,450.00 |
-$2,270,037.00 |
-$0.00 |
$3,972,413.00 |
| 18 |
$6,554,620.00 |
-$2,385,540.00 |
-$0.00 |
$4,169,080.00 |
| 19 |
$6,882,370.00 |
-$2,506,807.00 |
-$0.00 |
$4,375,563.00 |
| 20 |
$7,226,460.00 |
-$2,634,121.00 |
-$0.00 |
$4,592,339.00 |
| 21 |
$7,587,840.00 |
-$2,767,831.00 |
-$0.00 |
$4,820,009.00 |
| 22 |
$7,967,270.00 |
-$2,908,220.00 |
-$0.00 |
$5,059,050.00 |
| 23 |
$8,365,510.00 |
-$3,055,569.00 |
-$0.00 |
$5,309,941.00 |
| 24 |
$8,783,890.00 |
-$3,210,370.00 |
-$0.00 |
$5,573,520.00 |
| 25 |
$9,222,980.00 |
-$3,372,833.00 |
-$0.00 |
$5,850,147.00 |
| 26 |
$9,684,300.00 |
-$3,543,521.00 |
-$0.00 |
$6,140,779.00 |
| 27 |
$10,168,420.00 |
-$3,722,646.00 |
-$0.00 |
$6,445,774.00 |
| 28 |
$10,676,860.00 |
-$3,910,769.00 |
-$0.00 |
$6,766,091.00 |
| 29 |
$11,210,760.00 |
-$4,108,312.00 |
-$0.00 |
$7,102,448.00 |
| 30 |
$11,771,260.00 |
-$4,315,697.00 |
-$0.00 |
$7,455,563.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$190,000,000.00 |
-$70,300,000.00 |
-$0.00 |
$119,700,000.00 |
|
