| Cash Option ($174.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $174,200,000.00 |
-$64,414,330.00 |
-$0.00 |
$109,785,670.00 |
| Annuity ($385 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,794,635.00 |
-$2,104,345.00 |
-$0.00 |
$3,690,290.00 |
| 2 |
$6,084,540.00 |
-$2,211,610.00 |
-$0.00 |
$3,872,930.00 |
| 3 |
$6,388,690.00 |
-$2,324,146.00 |
-$0.00 |
$4,064,544.00 |
| 4 |
$6,708,240.00 |
-$2,442,379.00 |
-$0.00 |
$4,265,861.00 |
| 5 |
$7,043,575.00 |
-$2,566,453.00 |
-$0.00 |
$4,477,122.00 |
| 6 |
$7,395,850.00 |
-$2,696,795.00 |
-$0.00 |
$4,699,055.00 |
| 7 |
$7,765,450.00 |
-$2,833,547.00 |
-$0.00 |
$4,931,903.00 |
| 8 |
$8,153,915.00 |
-$2,977,279.00 |
-$0.00 |
$5,176,636.00 |
| 9 |
$8,561,630.00 |
-$3,128,133.00 |
-$0.00 |
$5,433,497.00 |
| 10 |
$8,989,750.00 |
-$3,286,538.00 |
-$0.00 |
$5,703,212.00 |
| 11 |
$9,439,045.00 |
-$3,452,777.00 |
-$0.00 |
$5,986,268.00 |
| 12 |
$9,911,055.00 |
-$3,627,421.00 |
-$0.00 |
$6,283,634.00 |
| 13 |
$10,406,550.00 |
-$3,810,754.00 |
-$0.00 |
$6,595,796.00 |
| 14 |
$10,927,070.00 |
-$4,003,346.00 |
-$0.00 |
$6,923,724.00 |
| 15 |
$11,473,385.00 |
-$4,205,483.00 |
-$0.00 |
$7,267,902.00 |
| 16 |
$12,047,035.00 |
-$4,417,733.00 |
-$0.00 |
$7,629,302.00 |
| 17 |
$12,649,175.00 |
-$4,640,525.00 |
-$0.00 |
$8,008,650.00 |
| 18 |
$13,281,730.00 |
-$4,874,570.00 |
-$0.00 |
$8,407,160.00 |
| 19 |
$13,945,855.00 |
-$5,120,297.00 |
-$0.00 |
$8,825,558.00 |
| 20 |
$14,643,090.00 |
-$5,378,274.00 |
-$0.00 |
$9,264,816.00 |
| 21 |
$15,375,360.00 |
-$5,649,214.00 |
-$0.00 |
$9,726,146.00 |
| 22 |
$16,144,205.00 |
-$5,933,686.00 |
-$0.00 |
$10,210,519.00 |
| 23 |
$16,951,165.00 |
-$6,232,261.00 |
-$0.00 |
$10,718,904.00 |
| 24 |
$17,798,935.00 |
-$6,545,936.00 |
-$0.00 |
$11,252,999.00 |
| 25 |
$18,688,670.00 |
-$6,875,138.00 |
-$0.00 |
$11,813,532.00 |
| 26 |
$19,623,450.00 |
-$7,221,007.00 |
-$0.00 |
$12,402,443.00 |
| 27 |
$20,604,430.00 |
-$7,583,969.00 |
-$0.00 |
$13,020,461.00 |
| 28 |
$21,634,690.00 |
-$7,965,166.00 |
-$0.00 |
$13,669,524.00 |
| 29 |
$22,716,540.00 |
-$8,365,450.00 |
-$0.00 |
$14,351,090.00 |
| 30 |
$23,852,290.00 |
-$8,785,678.00 |
-$0.00 |
$15,066,612.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$385,000,000.00 |
-$142,450,000.00 |
-$0.00 |
$242,550,000.00 |
|
