| Cash Option ($75 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $75,000,000.00 |
-$27,710,330.00 |
-$0.00 |
$47,289,670.00 |
| Annuity ($173 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,603,823.00 |
-$923,745.00 |
-$0.00 |
$1,680,078.00 |
| 2 |
$2,734,092.00 |
-$971,944.00 |
-$0.00 |
$1,762,148.00 |
| 3 |
$2,870,762.00 |
-$1,022,512.00 |
-$0.00 |
$1,848,250.00 |
| 4 |
$3,014,352.00 |
-$1,075,641.00 |
-$0.00 |
$1,938,711.00 |
| 5 |
$3,165,035.00 |
-$1,131,393.00 |
-$0.00 |
$2,033,642.00 |
| 6 |
$3,323,330.00 |
-$1,189,962.00 |
-$0.00 |
$2,133,368.00 |
| 7 |
$3,489,410.00 |
-$1,251,412.00 |
-$0.00 |
$2,237,998.00 |
| 8 |
$3,663,967.00 |
-$1,315,998.00 |
-$0.00 |
$2,347,969.00 |
| 9 |
$3,847,174.00 |
-$1,383,785.00 |
-$0.00 |
$2,463,389.00 |
| 10 |
$4,039,550.00 |
-$1,454,964.00 |
-$0.00 |
$2,584,586.00 |
| 11 |
$4,241,441.00 |
-$1,529,664.00 |
-$0.00 |
$2,711,777.00 |
| 12 |
$4,453,539.00 |
-$1,608,140.00 |
-$0.00 |
$2,845,399.00 |
| 13 |
$4,676,190.00 |
-$1,690,521.00 |
-$0.00 |
$2,985,669.00 |
| 14 |
$4,910,086.00 |
-$1,777,062.00 |
-$0.00 |
$3,133,024.00 |
| 15 |
$5,155,573.00 |
-$1,867,892.00 |
-$0.00 |
$3,287,681.00 |
| 16 |
$5,413,343.00 |
-$1,963,267.00 |
-$0.00 |
$3,450,076.00 |
| 17 |
$5,683,915.00 |
-$2,063,379.00 |
-$0.00 |
$3,620,536.00 |
| 18 |
$5,968,154.00 |
-$2,168,547.00 |
-$0.00 |
$3,799,607.00 |
| 19 |
$6,266,579.00 |
-$2,278,965.00 |
-$0.00 |
$3,987,614.00 |
| 20 |
$6,579,882.00 |
-$2,394,887.00 |
-$0.00 |
$4,184,995.00 |
| 21 |
$6,908,928.00 |
-$2,516,634.00 |
-$0.00 |
$4,392,294.00 |
| 22 |
$7,254,409.00 |
-$2,644,462.00 |
-$0.00 |
$4,609,947.00 |
| 23 |
$7,617,017.00 |
-$2,778,627.00 |
-$0.00 |
$4,838,390.00 |
| 24 |
$7,997,963.00 |
-$2,919,577.00 |
-$0.00 |
$5,078,386.00 |
| 25 |
$8,397,766.00 |
-$3,067,504.00 |
-$0.00 |
$5,330,262.00 |
| 26 |
$8,817,810.00 |
-$3,222,920.00 |
-$0.00 |
$5,594,890.00 |
| 27 |
$9,258,614.00 |
-$3,386,018.00 |
-$0.00 |
$5,872,596.00 |
| 28 |
$9,721,562.00 |
-$3,557,308.00 |
-$0.00 |
$6,164,254.00 |
| 29 |
$10,207,692.00 |
-$3,737,176.00 |
-$0.00 |
$6,470,516.00 |
| 30 |
$10,718,042.00 |
-$3,926,006.00 |
-$0.00 |
$6,792,036.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$173,000,000.00 |
-$64,010,000.00 |
-$0.00 |
$108,990,000.00 |
|
