Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 625,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary Annual Base Salary shall be reviewed (during the Term and may be adjusted) adjusted from time to time (but not reduced, except as contemplated by Section 11(e)(iv)) by the Board of Directors of or the Company or an authorized compensation committee of the Board (in either case, the “BoardCommittee”) (such annual base salary, as it may be adjusted from time to timeso adjusted, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 400,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 353,600 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 300,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the customary payroll practices of the Company.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 200,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 400,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board thereof (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 500,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board thereof (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, The Executive shall receive a an annual base salary at a rate of $420,000 per annum, which shall be paid in accordance with 780,000 during the customary payroll practices Term of Employment (the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted effect from time to time, the “Annual Base Salary”). The Annual Base Salary shall be payable in accordance with the Company’s regular payroll practice for its senior officers, as in effect from time to time (e.g., bi-weekly in arrears). For avoidance of doubt, the aggregate amount of Annual Base Salary to be paid during the initial nine-month Term of Employment will be $585,000.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a an annual base salary at a rate of $420,000 per annum, which shall be paid in accordance with 91,690.32 payable according to the customary payroll practices of the Company and shall be pro-rated for partial years of employmentsubject to all required withholding taxes. Such The President, in the President’s discretion, may increase this annual base salary shall upon relevant circumstances. Executive will be reviewed (and may be adjusted) from time to time at least annually. Any increase in annual base salary awarded by the Board of Directors President, will constitute a new annual base salary for the purpose of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”)Agreement.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 495,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be upwardly adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be upwardly adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 364,400 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 410,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized a compensation committee of appointed by the Board (in either case, the “BoardCompensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 250,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate of $420,000 390,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company Company, subject to review and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time upward, but not downward, adjustment by the Board of Directors of the Company or an authorized committee of the Board in its sole discretion (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 280,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board thereof (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 375,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the customary payroll practices of the Company. Such Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board or an authorized committee of the Board.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 540,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 590,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 430,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 of$550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 355,900 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate of six hundred and fifty thousand dollars ($420,000 650,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”), effective as of May 1, 2023. For the period prior to May 1, 2023, Executive’s Annual Base Salary shall be at the rate in effect under the Prior Agreement. The Board shall review Executive’s Annual Base Salary no less frequently than annually for increase from time to time in its sole discretion.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 400,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 390,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 505,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 437,750 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be upwardly adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be upwardly adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a the rate of $420,000 17,291.66 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed month (and may be adjusted) from time to time by the Board of Directors of the Company or $415,000 on an authorized committee of the Board (in either case, the “Board”annualized basis) (such annual base salary, as it may be adjusted and in effect from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the Board from time to time and is subject to such adjustments as determined necessary or appropriate by the Board.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 535,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 436,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be upwardly adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be upwardly adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 335,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a minimum rate of one million dollars ($420,000 1,000,000) per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed subject to periodic review in accordance with the Company’s regular process for similarly situated Company executives (with the first review for Executive accordingly expected not later than early 2024) and may shall be adjusted) from time subject to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) increase but not decrease (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 285,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized a compensation committee of appointed by the Board (in either case, the “BoardCompensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a minimum rate of $420,000 377,200 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (subject to annual review and may be adjusted) from time to time increase by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 [__________] per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall may be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time-to-time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 455,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (,” and such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a an annual base salary at equal to $137,500 for 2002; $168,000 for 2003; $200,000 for 2004; and such amount as is determined by the compensation committee of the Board (the "Committee") thereafter. In addition, he shall receive non-incentive compensation, inclusive of a rate car allowance, in the amount of $420,000 1,500 per annum, which month. Such compensation and non-incentive compensation shall be paid in accordance with the customary payroll practices Company's regular schedule for payment of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”)salaried employees.

Annual Base Salary. During the Term, the Executive shall receive a base salary at a an initial rate of $420,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be proCompany, subject to review every 20-rated 24 months for partial years of employment. Such annual base salary shall be reviewed possible increase, but not decrease, in the Board’s discretion (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate of $420,000 386,000 per annumannum in 2023, which shall be paid in accordance with the customary payroll practices of the Company Company, subject to review and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) upward, but not downward without Executive’s written consent, adjustment from time to time the rate approved by the Board of Directors of the Company or an authorized committee of the Board Compensation Committee in its sole discretion each year (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 400,800 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 385,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 570,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate initially of $420,000 325,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedadjusted for increase, but not decrease) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”) by the Board or its compensation committee (“Compensation Committee”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 380,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 450,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (at least annually and may be adjusted) adjusted from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 219,078 per annum, which shall be paid in accordance with the customary payroll practices of the Company and its subsidiaries (but in no event less frequently than semi-monthly) and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of or the Company or an authorized committee Compensation Committee of the Board (in either case, the “BoardCompensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate of $420,000 290,000 per annumannum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employmentCompany. Such annual base salary shall The Annual Base Salary will be reviewed (and may be adjusted) from time to time by in accordance with the Board of Directors established procedures of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it for adjusting salaries for similarly situated employees and may be adjusted from time to time, in the “Annual Base Salary”)sole discretion of the Company.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 525,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized a Board committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”). The Annual Base Salary may not be decreased during the Term, except as part of a general proportional reduction for all senior executives.

Annual Base Salary. During the Term, Executive shall initially receive a base salary payable at a the annualized rate of $420,000 per annumUS$185,000.00, which shall be subject to withholdings and deductions, and paid in accordance electronically to Executive’s designated bank accounts on a bi-weekly basis. Subject to Executive’s continued employment and good standing with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such Company, annual base salary shall increases will be reviewed (and may be adjusted) from time to time by the Board of Directors a minimum of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”)prior year US inflation rate plus 2%.

Annual Base Salary. During the Term, Executive shall receive a base salary at a minimum rate of $420,000 900,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (subject to annual review and may be adjusted) from time to time increase by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 262,500 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the customary payroll practices of the Company. Such Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board or an authorized committee of the Board.

Annual Base Salary. During the Term, Executive shall receive a base salary at a the rate of $420,000 270,000 per annumannum (the “Annual Base Salary”), subject to withholdings and deductions and which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company and shall be pro-rated for partial years of employmentCompany. Such annual base salary Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it not less often than annually and may be adjusted from time to time, Executive is eligible at the “Annual Base Salary”sole discretion of the President a yearly cash bonus of an amount up to $100,000 (one hundred thousand dollars).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 390,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and its subsidiaries (but in no event less frequently than semi-monthly) and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of or the Company or an authorized committee Compensation Committee of the Board (in either case, the “BoardCompensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 280,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the customary payroll practices of the Company. Such Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board or an authorized committee of the Board.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 500,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a an initial base salary at a rate of $420,000 345,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) annum (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”). The Annual Base Salary shall be paid in accordance with the customary payroll practices of the Company for its other senior level executives (but in any event no less often than monthly).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 300,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate initially of $420,000 200,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedadjusted for increase, but not decrease) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”) by the Board or its compensation committee (“Compensation Committee”).

Annual Base Salary. During the Term, Executive shall receive a an annual base salary at a rate of $420,000 per annum, which shall be paid in accordance with 98,000.00 payable according to the customary payroll practices of the Company and shall be pro-rated for partial years of employmentsubject to all required withholding taxes. Such The President, in the President’s discretion, may increase this annual base salary shall upon relevant circumstances. Executive will be reviewed (and may be adjusted) from time to time at least annually. Any increase in annual base salary awarded by the Board of Directors President, will constitute a new annual base salary for the purpose of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”)Agreement.

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate of $420,000 700,000 per annumannum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and Company, subject to upward adjustment as may be adjusted) from time to time determined by the Board in its discretion. In the case of Directors of the Company or an authorized committee of the Board (in either casesuch upward adjustment, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”)” shall mean such increased base salary.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 305,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall initially receive a base salary at a the rate of $420,000 US$200,000 per annum, which shall subject to withholdings and deductions, and paid electronically to Executive’s designated bank accounts on a bi-weekly basis. Annual base salary increases will be paid in accordance with the customary payroll practices a minimum of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”)prior year US inflation rate plus 2%.

Annual Base Salary. During the Term, Executive shall receive a base salary at a minimum rate of $420,000 475,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (subject to annual review and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) increase (such annual base salary, as it may be adjusted increased from time to time, the “"Annual Base Salary”").

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 per 400,000.00per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 375,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 610,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 340,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate of $420,000 300,000 per annumannum (the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company and Company, which payroll practices shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time subject to time adjustment as determined by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 630,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 335,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of not less than $420,000 375,000 per annum, which shall be paid in accordance with annum (the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “"Annual Base Salary”")., less

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 360,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary at a rate of $420,000 407,724 per annum, which shall be paid in accordance with the customary payroll practices of the Company Company, subject to review and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time upward adjustment by the Board of Directors of the Company or an authorized committee of the Board in its sole discretion (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 500,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary (the “Annual Base Salary”) at a rate of $420,000 382,315.35 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time Company, subject to time adjustment as determined by the Board of Directors of Board; provided that any decrease in such amount can only be proportionately made in connection with Company-wide reductions in the Company or an authorized committee of salary rates for senior executives as determined by the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a the rate of $420,000 20,833.33 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed month (and may be adjusted) from time to time by the Board of Directors of the Company or $250,000 on an authorized committee of the Board (in either case, the “Board”annualized basis) (such annual base salary, as it may be adjusted and in effect from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the Board from time to time and is subject to such adjustments as determined necessary or appropriate by the Board.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 315,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 525,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 300,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 295,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized a compensation committee of appointed by the Board (in either case, the “BoardCompensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a the rate of $420,000 700,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed year (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions and pro-rated for any partial employment during the Term, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company (but with pro-rata installments at least once per calendar month). Such Annual Base Salary shall be reviewed and subject to increase by the Board not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 415,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 415,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a the rate of $420,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed year (and as may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 470,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be upwardly adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be upwardly adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During From and after May 26, 2023, the Term, Executive shall receive a base salary at a rate of $420,000 735,000 per annum, payable in accordance with the Company’s normal payroll practices, which shall be paid in accordance with reviewed by the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (Compensation Committee annually and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board increased, but not decreased, upon such review (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 397,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) ,” and (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 325,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized a compensation committee of appointed by the Board (in either case, the “BoardCompensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 200,000.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized a compensation committee of appointed by the Board (in either case, the “BoardCompensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, the Executive shall receive a base salary (the “Annual Base Salary”) at a rate of $420,000 804,705.03 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time Company, subject to time adjustment as determined by the Board of Directors of Board; provided that any decrease in such amount can only be proportionately made in connection with Company-wide reductions in the Company or an authorized committee of salary rates for senior executives as determined by the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 374,920 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 750,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 380,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted increased from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 400,000 (four hundred thousand dollars) per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjustedincreased but not decreased) from time to time time, but not less than annually, by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 600,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time time, but no less than annually, by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $420,000 363,900.00 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, the “Board”) (and such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).