| Cash Option ($34.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $34,100,000.00 |
-$12,577,330.00 |
-$0.00 |
$21,522,670.00 |
| Annuity ($77 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,158,927.00 |
-$389,133.00 |
-$0.00 |
$769,794.00 |
| 2 |
$1,216,908.00 |
-$410,586.00 |
-$0.00 |
$806,322.00 |
| 3 |
$1,277,738.00 |
-$433,093.00 |
-$0.00 |
$844,645.00 |
| 4 |
$1,341,648.00 |
-$456,740.00 |
-$0.00 |
$884,908.00 |
| 5 |
$1,408,715.00 |
-$481,555.00 |
-$0.00 |
$927,160.00 |
| 6 |
$1,479,170.00 |
-$507,623.00 |
-$0.00 |
$971,547.00 |
| 7 |
$1,553,090.00 |
-$534,974.00 |
-$0.00 |
$1,018,116.00 |
| 8 |
$1,630,783.00 |
-$563,720.00 |
-$0.00 |
$1,067,063.00 |
| 9 |
$1,712,326.00 |
-$593,891.00 |
-$0.00 |
$1,118,435.00 |
| 10 |
$1,797,950.00 |
-$625,572.00 |
-$0.00 |
$1,172,378.00 |
| 11 |
$1,887,809.00 |
-$658,820.00 |
-$0.00 |
$1,228,989.00 |
| 12 |
$1,982,211.00 |
-$693,748.00 |
-$0.00 |
$1,288,463.00 |
| 13 |
$2,081,310.00 |
-$730,415.00 |
-$0.00 |
$1,350,895.00 |
| 14 |
$2,185,414.00 |
-$768,934.00 |
-$0.00 |
$1,416,480.00 |
| 15 |
$2,294,677.00 |
-$809,361.00 |
-$0.00 |
$1,485,316.00 |
| 16 |
$2,409,407.00 |
-$851,811.00 |
-$0.00 |
$1,557,596.00 |
| 17 |
$2,529,835.00 |
-$896,369.00 |
-$0.00 |
$1,633,466.00 |
| 18 |
$2,656,346.00 |
-$943,178.00 |
-$0.00 |
$1,713,168.00 |
| 19 |
$2,789,171.00 |
-$992,324.00 |
-$0.00 |
$1,796,847.00 |
| 20 |
$2,928,618.00 |
-$1,043,919.00 |
-$0.00 |
$1,884,699.00 |
| 21 |
$3,075,072.00 |
-$1,098,107.00 |
-$0.00 |
$1,976,965.00 |
| 22 |
$3,228,841.00 |
-$1,155,002.00 |
-$0.00 |
$2,073,839.00 |
| 23 |
$3,390,233.00 |
-$1,214,717.00 |
-$0.00 |
$2,175,516.00 |
| 24 |
$3,559,787.00 |
-$1,277,452.00 |
-$0.00 |
$2,282,335.00 |
| 25 |
$3,737,734.00 |
-$1,343,292.00 |
-$0.00 |
$2,394,442.00 |
| 26 |
$3,924,690.00 |
-$1,412,466.00 |
-$0.00 |
$2,512,224.00 |
| 27 |
$4,120,886.00 |
-$1,485,058.00 |
-$0.00 |
$2,635,828.00 |
| 28 |
$4,326,938.00 |
-$1,561,297.00 |
-$0.00 |
$2,765,641.00 |
| 29 |
$4,543,308.00 |
-$1,641,354.00 |
-$0.00 |
$2,901,954.00 |
| 30 |
$4,770,458.00 |
-$1,725,400.00 |
-$0.00 |
$3,045,058.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$77,000,000.00 |
-$28,490,000.00 |
-$0.00 |
$48,510,000.00 |
|
