| Cash Option ($25.5 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $25,500,000.00 |
-$9,395,330.00 |
-$0.00 |
$16,104,670.00 |
| Annuity ($60 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$903,060.00 |
-$294,463.00 |
-$0.00 |
$608,597.00 |
| 2 |
$948,240.00 |
-$311,179.00 |
-$0.00 |
$637,061.00 |
| 3 |
$995,640.00 |
-$328,717.00 |
-$0.00 |
$666,923.00 |
| 4 |
$1,045,440.00 |
-$347,143.00 |
-$0.00 |
$698,297.00 |
| 5 |
$1,097,700.00 |
-$366,479.00 |
-$0.00 |
$731,221.00 |
| 6 |
$1,152,600.00 |
-$386,792.00 |
-$0.00 |
$765,808.00 |
| 7 |
$1,210,200.00 |
-$408,104.00 |
-$0.00 |
$802,096.00 |
| 8 |
$1,270,740.00 |
-$430,504.00 |
-$0.00 |
$840,236.00 |
| 9 |
$1,334,280.00 |
-$454,014.00 |
-$0.00 |
$880,266.00 |
| 10 |
$1,401,000.00 |
-$478,700.00 |
-$0.00 |
$922,300.00 |
| 11 |
$1,471,020.00 |
-$504,608.00 |
-$0.00 |
$966,412.00 |
| 12 |
$1,544,580.00 |
-$531,825.00 |
-$0.00 |
$1,012,755.00 |
| 13 |
$1,621,800.00 |
-$560,396.00 |
-$0.00 |
$1,061,404.00 |
| 14 |
$1,702,920.00 |
-$590,411.00 |
-$0.00 |
$1,112,509.00 |
| 15 |
$1,788,060.00 |
-$621,913.00 |
-$0.00 |
$1,166,147.00 |
| 16 |
$1,877,460.00 |
-$654,991.00 |
-$0.00 |
$1,222,469.00 |
| 17 |
$1,971,300.00 |
-$689,711.00 |
-$0.00 |
$1,281,589.00 |
| 18 |
$2,069,880.00 |
-$726,186.00 |
-$0.00 |
$1,343,694.00 |
| 19 |
$2,173,380.00 |
-$764,481.00 |
-$0.00 |
$1,408,899.00 |
| 20 |
$2,282,040.00 |
-$804,685.00 |
-$0.00 |
$1,477,355.00 |
| 21 |
$2,396,160.00 |
-$846,910.00 |
-$0.00 |
$1,549,250.00 |
| 22 |
$2,515,980.00 |
-$891,243.00 |
-$0.00 |
$1,624,737.00 |
| 23 |
$2,641,740.00 |
-$937,774.00 |
-$0.00 |
$1,703,966.00 |
| 24 |
$2,773,860.00 |
-$986,659.00 |
-$0.00 |
$1,787,201.00 |
| 25 |
$2,912,520.00 |
-$1,037,963.00 |
-$0.00 |
$1,874,557.00 |
| 26 |
$3,058,200.00 |
-$1,091,864.00 |
-$0.00 |
$1,966,336.00 |
| 27 |
$3,211,080.00 |
-$1,148,430.00 |
-$0.00 |
$2,062,650.00 |
| 28 |
$3,371,640.00 |
-$1,207,837.00 |
-$0.00 |
$2,163,803.00 |
| 29 |
$3,540,240.00 |
-$1,270,219.00 |
-$0.00 |
$2,270,021.00 |
| 30 |
$3,717,240.00 |
-$1,335,709.00 |
-$0.00 |
$2,381,531.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$60,000,000.00 |
-$22,200,000.00 |
-$0.00 |
$37,800,000.00 |
|
