| Cash Option ($220.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $220,900,000.00 |
-$81,693,330.00 |
-$0.00 |
$139,206,670.00 |
| Annuity ($489 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$7,359,939.00 |
-$2,683,508.00 |
-$0.00 |
$4,676,431.00 |
| 2 |
$7,728,156.00 |
-$2,819,748.00 |
-$0.00 |
$4,908,408.00 |
| 3 |
$8,114,466.00 |
-$2,962,683.00 |
-$0.00 |
$5,151,783.00 |
| 4 |
$8,520,336.00 |
-$3,112,855.00 |
-$0.00 |
$5,407,481.00 |
| 5 |
$8,946,255.00 |
-$3,270,445.00 |
-$0.00 |
$5,675,810.00 |
| 6 |
$9,393,690.00 |
-$3,435,996.00 |
-$0.00 |
$5,957,694.00 |
| 7 |
$9,863,130.00 |
-$3,609,688.00 |
-$0.00 |
$6,253,442.00 |
| 8 |
$10,356,531.00 |
-$3,792,247.00 |
-$0.00 |
$6,564,284.00 |
| 9 |
$10,874,382.00 |
-$3,983,852.00 |
-$0.00 |
$6,890,530.00 |
| 10 |
$11,418,150.00 |
-$4,185,046.00 |
-$0.00 |
$7,233,104.00 |
| 11 |
$11,988,813.00 |
-$4,396,191.00 |
-$0.00 |
$7,592,622.00 |
| 12 |
$12,588,327.00 |
-$4,618,011.00 |
-$0.00 |
$7,970,316.00 |
| 13 |
$13,217,670.00 |
-$4,850,868.00 |
-$0.00 |
$8,366,802.00 |
| 14 |
$13,878,798.00 |
-$5,095,486.00 |
-$0.00 |
$8,783,312.00 |
| 15 |
$14,572,689.00 |
-$5,352,225.00 |
-$0.00 |
$9,220,464.00 |
| 16 |
$15,301,299.00 |
-$5,621,811.00 |
-$0.00 |
$9,679,488.00 |
| 17 |
$16,066,095.00 |
-$5,904,786.00 |
-$0.00 |
$10,161,309.00 |
| 18 |
$16,869,522.00 |
-$6,202,054.00 |
-$0.00 |
$10,667,468.00 |
| 19 |
$17,713,047.00 |
-$6,514,158.00 |
-$0.00 |
$11,198,889.00 |
| 20 |
$18,598,626.00 |
-$6,841,822.00 |
-$0.00 |
$11,756,804.00 |
| 21 |
$19,528,704.00 |
-$7,185,951.00 |
-$0.00 |
$12,342,753.00 |
| 22 |
$20,505,237.00 |
-$7,547,268.00 |
-$0.00 |
$12,957,969.00 |
| 23 |
$21,530,181.00 |
-$7,926,497.00 |
-$0.00 |
$13,603,684.00 |
| 24 |
$22,606,959.00 |
-$8,324,905.00 |
-$0.00 |
$14,282,054.00 |
| 25 |
$23,737,038.00 |
-$8,743,034.00 |
-$0.00 |
$14,994,004.00 |
| 26 |
$24,924,330.00 |
-$9,182,332.00 |
-$0.00 |
$15,741,998.00 |
| 27 |
$26,170,302.00 |
-$9,643,342.00 |
-$0.00 |
$16,526,960.00 |
| 28 |
$27,478,866.00 |
-$10,127,511.00 |
-$0.00 |
$17,351,355.00 |
| 29 |
$28,852,956.00 |
-$10,635,924.00 |
-$0.00 |
$18,217,032.00 |
| 30 |
$30,295,506.00 |
-$11,169,668.00 |
-$0.00 |
$19,125,838.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$489,000,000.00 |
-$180,930,000.00 |
-$0.00 |
$308,070,000.00 |
|
