Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. The Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The Annual Base Salary shall be payable in accordance with the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthly.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 301,600 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 450,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate initially of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 415,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted for increase, in no eventbut not decrease) from time to time (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”) by the Board or its compensation committee (“Compensation Committee”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 400,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a minimum rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 950,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be subject to annual review and increase by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 370,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 300,000 per annum for the Initial Termyear, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The Annual Base Salary which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 thereof (in either case, in no eventthe “Board” and, shall such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate initially of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 430,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted for increase, in no eventbut not decrease) from time to time (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”) by the Board or its compensation committee (“Compensation Committee”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 300,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 425,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a minimum rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 €589,578 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be subject to annual review and increase by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 313,308 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 462,425 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 350,000 per annum for (as increased from time to time, the Initial Term“Annual Base Salary”), and thereafter at a rate to which shall be negotiated between paid in accordance with the Executive and customary payroll practices of the Boards, but in no event less than $225,000 per annumCompany. The Such Annual Base Salary shall be payable in accordance with reviewed (and may be increased, but not decreased) from time to time by the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthlyBoard or an authorized committee of the Board.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 390,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 1,250,000 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. The annual base salary, as in effect from time to time is referred to in this Agreement as the “Annual Base Salary”. The Annual Base Salary shall salary will be payable in accordance with reviewed periodically by the Company's normal payment practices but, in no event, shall such Annual Base Salary Board and may be payable less frequently than monthlyincreased from time to time at the sole discretion of the Board.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 380,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 450,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 from time to time by the Board (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 420,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 535,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 350,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Upon Executive’s six-month anniversary, in no eventthe Company will re-evaluate Executive’s base salary according to external market data and performance. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("as adjusted from time to time, “Annual Base Salary") ”, at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 315,000 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 employement. The Annual Base Salary shall be payable reviewed from time to time and may be increased (but not decreased) from the annual rate then in accordance with the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthlyeffect.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 200,000.00 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased but not decreased) from time to time, in no eventbut not less than annually, shall by the Board or a compensation committee appointed by the Board (the “Compensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 280,000 per annum for (such annual base salary, as it may be adjusted from time to time, the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum“Annual Base Salary”). The Annual Base Salary shall be payable paid in accordance with the customary payroll practices of the Company's normal payment practices but, in no event, shall such . Such Annual Base Salary shall be payable less frequently than monthlyreviewed (and may be adjusted) from time to time by the Board or an authorized committee of the Board.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 565,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 505,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 437,750 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be upwardly adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The Executive shall receive a base salary at the rate of $17,291.66 per month ("$415,000 on an annualized basis) (as may be adjusted and in effect from time to time, the “Annual Base Salary") at a rate ”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annumCompany. The Such Annual Base Salary shall be payable in accordance with reviewed by the Company's normal payment practices but, in no event, shall Board from time to time and is subject to such Annual Base Salary be payable less frequently than monthlyadjustments as determined necessary or appropriate by the Board.

Annual Base Salary. The Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 250,000 per annum for (such annual base salary, as it may be adjusted from time to time, the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum“Annual Base Salary”). The Annual Base Salary shall be payable paid in accordance with the customary payroll practices of the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthly.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 710,000 per annum for (the Initial Term“Annual Base Salary”), which shall be paid in accordance with the customary payroll practices and thereafter at a rate to be negotiated between procedures of the Executive and the Boards, Company (but in with pro rata installments no event less frequently than $225,000 once per annumcalendar month). The Such Annual Base Salary shall be payable in accordance with reviewed by the Company's normal payment practices butBoard not less often than annually, in no event, shall such Annual Base Salary and may be payable less frequently than monthlyincreased (but not decreased) from time to time.

Annual Base Salary. The Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 650,000 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. The Such Annual Base Salary shall be payable in accordance with reviewed during the Company's normal payment practices butTerm and may be adjusted from time to time (but not reduced, in no eventexcept as contemplated by Section 11(e)(iv)) by the Board (such annual base salary, shall such as it may be so adjusted, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 360,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board,” and (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 540,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, the Executive shall receive a base salary at a rate that is no less than $380,000 per annum ("the “Annual Base Salary") at a rate of $225,000 per annum for the Initial Term”), and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The Annual Base Salary shall be payable in accordance with the Company's ’s normal payment practices but, in no event, shall such payroll practices. The rate of the Annual Base Salary shall be payable less frequently than monthlyreviewed by the Compensation Committee on or prior to each anniversary of the Effective Date during the Term and may be increased, but not decreased, upon such review.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 590,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Employment Period, the Executive shall receive a an annual base salary ("“Annual Base Salary"”) at a rate of $225,000 per annum for the Initial Term215,000.00, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The Annual Base Salary shall be payable in accordance with the Company's ’s normal payment practices but, in no event, shall such payroll policies. The Executive’s Annual Base Salary shall be payable less frequently than monthlyprorated for 2011 and for any other partial year of employment during the Employment Period based upon the portion of the year that the Executive is employed by the Company. The Executive’s Annual Base Salary shall be subject to review for increase in the sole discretion of the Board of Directors (or a committee thereof).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 415,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 358,852 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 340,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 350,000 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. The Such Annual Base Salary shall be payable in accordance with reviewed (and may be adjusted) from time to time by the Company's normal payment practices butBoard (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 290,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 300,000 per annum for (such annual base salary, as it may be adjusted from time to time, the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum“Annual Base Salary”). The Annual Base Salary shall be payable paid in accordance with the customary payroll practices of the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthly.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 450,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a minimum rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 410,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be subject to annual review and increase (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The At the commencement of the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 300,000 per annum for (the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The “Annual Base Salary shall be payable Salary”), paid in accordance with the Company's normal payment ’s general payroll practices butfor executives, in but no event, shall such Annual Base Salary be payable less frequently than monthly. The Company may, in its sole discretion, review and adjust the rate of Annual Base Salary payable to the Executive in effect from time to time; provided, however, that any such modified rate shall thereafter be the rate of “Annual Base Salary” hereunder.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 350,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 thereof (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The Executive shall receive a base salary at the rate of $20, 833.33 per month ("$500,000 on an annualized basis) (as may be adjusted and in effect from time to time, the “Annual Base Salary") at a rate ”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annumCompany. The Such Annual Base Salary shall be payable in accordance with reviewed by the Company's normal payment practices but, in no event, shall Board from time to time and is subject to such Annual Base Salary be payable less frequently than monthlyadjustments as determined necessary or appropriate by the Board.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 397,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board,” and (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a minimum rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 925,000 per annum. The Annual Base Salary , which shall be payable 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 subject to periodic review in accordance with the Company's normal payment practices but’s regular process for similarly situated executives (with the first review for Executive accordingly expected not later than early 2019) and shall be subject to increase but not decrease (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 455,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, as it may be in no eventeffect from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("as adjusted from time to time, “Annual Base Salary") ” at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 362,500 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. The Annual Base Salary shall be payable reviewed from time to time (but no less than annually) by the Board and may be increased (but not decreased) from the annual rate then in accordance with the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthlyeffect.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 570,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 650,000 per annum for the Initial Termthrough December 31, 2016, and thereafter at a rate increasing to $700,000 on January 1, 2017 (as applicable, the “Annual Base Salary”), which shall be negotiated between paid in accordance with the Executive and customary payroll practices of the Boards, but in no event less than $225,000 per annumCompany. The Annual Base Salary shall be payable in accordance with reviewed (and may be adjusted upward) at least annually by the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthlyBoard.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 504,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The At the commencement of the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 400,000 per annum for (the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The “Annual Base Salary shall be payable Salary”), paid in accordance with the Company's normal payment ’s general payroll practices butfor executives, in but no event, shall such Annual Base Salary be payable less frequently than monthly. The Company may, in its sole discretion, review and adjust the rate of Annual Base Salary payable to the Executive in effect from time to time; provided, however, that any such modified rate shall thereafter be the rate of “Annual Base Salary” hereunder.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a minimum rate of one million dollars ($225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 1,000,000) per annum. The Annual Base Salary , which shall be payable 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 subject to periodic review in accordance with the Company's normal payment practices but’s regular process for similarly situated Company executives (with the first review for Executive accordingly expected not later than early 2024) and shall be subject to increase but not decrease (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthly.Salary”). (b)

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 401,700 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 335,000 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. The Such Annual Base Salary shall be payable in accordance with reviewed (and may be adjusted) from time to time by the Company's normal payment practices butBoard (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 600,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed annually by the Board in light of competitive peer group practices and Company performance and may be further increased each year at the Board’s discretion (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 364,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 310,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the customary payroll practices of the Company's normal payment practices but, subject to review by the Board in no event, shall such its sole discretion (the “Annual Base Salary be payable less frequently than monthly.Salary”). (b)

Annual Base Salary. The Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 [__________] per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and may be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time-to-time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a minimum rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 1,200,000 per annum. The Annual Base Salary , which shall be payable 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 subject to periodic review in accordance with the Company's normal payment practices but’s regular process for similarly situated executives (with the first review for Executive accordingly expected not later than early 2019) and shall be subject to increase but not decrease (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 750,000 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. The Such Annual Base Salary shall be payable in accordance with reviewed (and may be adjusted) from time to time by the Company's normal payment practices butBoard (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 380,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 315,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 250,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 500,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the customary payroll practices of the Company's normal payment practices but. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of five hundred thousand dollars ($225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 500,000) per annum, paid in accordance with the customary payroll practices of the Company (the “Annual Base Salary”), effective as of May 1, 2023. The For the period prior to May 1, 2023, Executive’s Annual Base Salary shall be payable at the rate in accordance with effect under the Company's normal payment practices but, in no event, Prior Agreement. The Board shall such review Executive’s Annual Base Salary be payable no less frequently than monthlyannually for increase from time to time in its sole discretion.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 318,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 465,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 thereof (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 324,500 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 285,000.00 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased but not decreased) from time to time, in no eventbut not less than annually, shall by the Board or a compensation committee appointed by the Board (the “Compensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The At the commencement of the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 350,000 per annum for (the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The “Annual Base Salary shall be payable Salary”), paid in accordance with the Company's normal payment ’s general payroll practices butfor executives, in but no event, shall such Annual Base Salary be payable less frequently than monthly. The Company may, in its sole discretion, review and adjust the rate of Annual Base Salary payable to the Executive in effect from time to time; provided, however, that any such modified rate shall thereafter be the rate of “Annual Base Salary” hereunder.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 1,500,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the customary payroll practices of the Company's normal payment practices but, but in all events no event, shall such Annual Base Salary be payable less frequently than semi-monthly. Such annual base salary shall be reviewed and may be adjusted from time to time by the Board, provided that the annual base salary may not be decreased without Executive’s written consent (such annual base salary, as it may be increased from time to time, the “Annual Base Salary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 425,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (in either case, in no eventthe “Board”) or an authorized committee thereof (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 375,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro- US-DOCS\117990849.2 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, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 495,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be upwardly adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 500,000 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. The Such Annual Base Salary shall be payable in accordance with reviewed (and may be adjusted) from time to time by the Company's normal payment practices butBoard (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The Executive shall receive a an initial base salary ("Annual Base Salary") at a rate of $225,000 345,000 per annum for (such annual base salary, as it may be adjusted from time to time, the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum“Annual Base Salary”). The Annual Base Salary shall be payable paid in accordance with the Company's normal payment customary payroll practices but, of the Company for its other senior level executives (but in any event no event, shall such Annual Base Salary be payable less frequently often than monthly).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 300,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 500,000.00 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a minimum rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 900,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be subject to annual review and increase by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 436,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be upwardly adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of eight hundred thousand dollars ($225,000 800,000) per annum for (the Initial Term“Annual Base Salary”), which shall be paid in accordance with the customary payroll practices and thereafter at a rate to be negotiated between procedures of the Executive and the Boards, but in no event less than $225,000 per annumCompany. The Such Annual Base Salary shall be payable in accordance with reviewed by the Company's normal payment practices butBoard not less often than annually, in no event, shall such Annual Base Salary and may be payable less frequently than monthlyincreased (but not decreased) from time to time.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 400,000 (four hundred thousand dollars) per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased but not decreased) from time to time, in no eventbut not less than annually, shall by the Board (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The Executive shall receive a base salary at the rate of $15,833.33 per month ("$380,000 on an annualized basis) (as may be adjusted and in effect from time to time, the “Annual Base Salary") at a rate ”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annumCompany. The Such Annual Base Salary shall be payable in accordance with reviewed by the Company's normal payment practices but, in no event, shall Board from time to time and is subject to such Annual Base Salary be payable less frequently than monthlyadjustments as determined necessary or appropriate by the Board.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 219,078 per annum for annum, which shall be paid in accordance with the Initial Term, customary payroll practices of the Company and thereafter at a rate to be negotiated between the Executive and the Boards, its subsidiaries (but in no event less frequently than $225,000 per annumsemi-monthly) and shall be pro-rated for partial years of employment. The Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board or the Compensation Committee of the Board (the “Compensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary shall be payable in accordance with the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 455,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board,” and such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 450,000 per annum for annum, which shall be paid in accordance with the Initial Term, customary payroll practices of the Company and thereafter at a rate to be negotiated between the Executive and the Boards, its subsidiaries (but in no event less frequently than $225,000 per annumsemi-monthly) and shall be pro-rated for partial years of employment. The Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board or the Compensation Committee of the Board (the “Compensation Committee”) (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary shall be payable in accordance with the Company's normal payment practices but, in no event, shall such Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 800,000 per annum for through December 31, 2016 and increasing to $1,000,000 on January 1, 2017 (as applicable, the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The “Annual Base Salary Salary”), which shall be payable paid in accordance with the Company's normal payment customary payroll practices but, in no event, of the Company and shall such Annual Base Salary be payable less frequently than monthlypro-rated for partial years of employment.

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 375,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 610,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 320,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board (such annual base salary, in no eventas it may be increased from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 390,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 260,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased) from time to time by the Board of Directors of the Company or an authorized committee of the Board (in either case, in no eventthe “Board”) (such annual base salary, shall such as it may be increased from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 370,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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 (such annual base salary, in no eventas it may be adjusted from time to time, shall such the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 340,000 per annum. The Annual Base Salary , which shall be payable paid in accordance with the Company's normal payment customary payroll practices butof 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, in no eventthe “Board”) (such annual base salary, shall such as it may be adjusted from time to time, the “Annual Base Salary be payable less frequently than monthlySalary”).

Annual Base Salary. The During the Term, the Executive shall receive a base salary ("Annual Base Salary") at a rate of $225,000 per annum for the Initial Term£168,047per annum, and thereafter at a rate to be negotiated between the Executive and the Boards, but in no event less than $225,000 per annum. The Annual Base Salary which shall be payable paid in accordance with the customary payroll practices of the Company's normal payment practices but, subject to review and adjustment by the Board in no event, shall such its reasonable discretion (the “Annual Base Salary be payable less frequently than monthlySalary”).