| Cash Option ($181.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $181,400,000.00 |
-$67,078,330.00 |
-$0.00 |
$114,321,670.00 |
| Annuity ($387 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,824,737.00 |
-$2,115,483.00 |
-$0.00 |
$3,709,254.00 |
| 2 |
$6,116,148.00 |
-$2,223,305.00 |
-$0.00 |
$3,892,843.00 |
| 3 |
$6,421,878.00 |
-$2,336,425.00 |
-$0.00 |
$4,085,453.00 |
| 4 |
$6,743,088.00 |
-$2,455,273.00 |
-$0.00 |
$4,287,815.00 |
| 5 |
$7,080,165.00 |
-$2,579,991.00 |
-$0.00 |
$4,500,174.00 |
| 6 |
$7,434,270.00 |
-$2,711,010.00 |
-$0.00 |
$4,723,260.00 |
| 7 |
$7,805,790.00 |
-$2,848,473.00 |
-$0.00 |
$4,957,317.00 |
| 8 |
$8,196,273.00 |
-$2,992,951.00 |
-$0.00 |
$5,203,322.00 |
| 9 |
$8,606,106.00 |
-$3,144,590.00 |
-$0.00 |
$5,461,516.00 |
| 10 |
$9,036,450.00 |
-$3,303,817.00 |
-$0.00 |
$5,732,633.00 |
| 11 |
$9,488,079.00 |
-$3,470,920.00 |
-$0.00 |
$6,017,159.00 |
| 12 |
$9,962,541.00 |
-$3,646,471.00 |
-$0.00 |
$6,316,070.00 |
| 13 |
$10,460,610.00 |
-$3,830,756.00 |
-$0.00 |
$6,629,854.00 |
| 14 |
$10,983,834.00 |
-$4,024,349.00 |
-$0.00 |
$6,959,485.00 |
| 15 |
$11,532,987.00 |
-$4,227,536.00 |
-$0.00 |
$7,305,451.00 |
| 16 |
$12,109,617.00 |
-$4,440,889.00 |
-$0.00 |
$7,668,728.00 |
| 17 |
$12,714,885.00 |
-$4,664,838.00 |
-$0.00 |
$8,050,047.00 |
| 18 |
$13,350,726.00 |
-$4,900,099.00 |
-$0.00 |
$8,450,627.00 |
| 19 |
$14,018,301.00 |
-$5,147,102.00 |
-$0.00 |
$8,871,199.00 |
| 20 |
$14,719,158.00 |
-$5,406,419.00 |
-$0.00 |
$9,312,739.00 |
| 21 |
$15,455,232.00 |
-$5,678,766.00 |
-$0.00 |
$9,776,466.00 |
| 22 |
$16,228,071.00 |
-$5,964,717.00 |
-$0.00 |
$10,263,354.00 |
| 23 |
$17,039,223.00 |
-$6,264,843.00 |
-$0.00 |
$10,774,380.00 |
| 24 |
$17,891,397.00 |
-$6,580,147.00 |
-$0.00 |
$11,311,250.00 |
| 25 |
$18,785,754.00 |
-$6,911,059.00 |
-$0.00 |
$11,874,695.00 |
| 26 |
$19,725,390.00 |
-$7,258,725.00 |
-$0.00 |
$12,466,665.00 |
| 27 |
$20,711,466.00 |
-$7,623,573.00 |
-$0.00 |
$13,087,893.00 |
| 28 |
$21,747,078.00 |
-$8,006,749.00 |
-$0.00 |
$13,740,329.00 |
| 29 |
$22,834,548.00 |
-$8,409,113.00 |
-$0.00 |
$14,425,435.00 |
| 30 |
$23,976,198.00 |
-$8,831,524.00 |
-$0.00 |
$15,144,674.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$387,000,000.00 |
-$143,190,000.00 |
-$0.00 |
$243,810,000.00 |
|
