THE INSTALLMENT
PAYMENT SCHEDULE SHALL BE AS FOLLOWS: |
| |
| 1st Installment
Payment: |
 |
One quarter of the total estimated taxes discounted
6%. Payment shall be made not later than June 30, 2010. A taxpayer
must make the first installment payment in order to participate in
this plan. |
| |
| 2nd Installment
Payment: |
|
One quarter of the total estimated taxes discounted
4 1/2%. Payment shall be made not later than September 30, 2010. No
discount shall be allowed after September 30, 2010. |
| |
| 3rd Installment Payment: |
|
One quarter of the total estimated taxes plus one-half
of any adjustment pursuant to a determination of actual tax liability
discounted 3%. Payment shall be made not later than December 31, 2010.
No discount shall be allowed after December 31, 2010. |
| |
| 4th Installment Payment: |
|
One quarter of the total estimated taxes plus one-half
of any adjustment pursuant to a determination of actual tax liability
with no discount. Payment shall be made not later than March 31,
2011. Interest shall apply after March 31, 2011. |