Common use of Base Salary Clause in Contracts

Base Salary. Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Employer agrees to pay Executive during the Term of Employment an annual base salary of $204,000 ("Base Salary"), which amount may be increased but may not be decreased, without the consent of Executive’s , during the Term of Employment. Executive's base salary shall be $300,000 per year (paid in equal semi-monthly installments on the “Base Salary”), starting as 15th and final day of each month during the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesTerm of Employment.

Base Salary. Executive’s During the Term and any extension of the Term pursuant to paragraph 1.1, the Executive shall receive a base salary at the annual rate of $250,000 (the "Base Salary"). The Base Salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance substantially equal installments consistent with the Company’s standard 's normal payroll practices and policies for senior executivesschedule, and (ii) subject to such applicable withholding and other taxes as required by law or as otherwise permissible under such practices or policiestaxes. Notwithstanding the above, at the discretion of the Board of Directors of the Company, the Base Salary may be increased, but shall not be decreased, on each anniversary of the Commencement Date during the Term and any extension of the Term.

Base Salary. Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as As of the Effective Date, which Base Salary is (i) payable the Executive’s base salary will be no less than $600,000 per annum in installments, the aggregate. The Executive’s base salary will be paid by the Company in regular installments in accordance with the Company’s standard general payroll practices and policies for senior executivesmay be increased (but not decreased) in the sole discretion of the Company Board (as increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies“Base Salary”).

Base Salary. Executive’s 's base salary commencing on the Effective Date and during the Term of this Agreement shall be $300,000 per year (the “"Base Salary”"), starting as which amount may be increased annually at the discretion of the Effective Date, which Board of Directors. The Base Salary is (i) payable shall be paid to Executive by the Company monthly in installments, arrears or in accordance with the Company’s standard 's regular payroll practices and policies for senior executives, and (ii) subject practice as in effect from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime.

Base Salary. Beginning as of January 10, 2009, the Executive’s annual base salary for all purposes under the Agreement shall be $300,000 per year (62,500. For the “Base Salary”)avoidance of doubt, starting as the Executive’s bonus contemplated by Section 4.2 of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesAgreement will be computed based on an annual base salary of $62,500.

Base Salary. During the Term, the Executive’s annual base salary shall will be $300,000 per year (300,000, subject to redetermination by the Board. The annual base salary in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) will be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. As of the Commencement Date, the Executive’s annual base salary shall be $300,000 per year 750,000 (the “Base Salary”), starting as of the Effective Date, which shall be prorated for calendar year 2017. The Base Salary is (i) may not be decreased during the Term. The Base Salary shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s base During the Term, the Company shall pay the Executive an annual salary of $180,000, plus $250 per hour for each hour the Executive works in excess of 24 hours per week. Such salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and 's salary payment policies for governing senior executives, . The Executive's salary shall be reviewed at least annually and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesmay be increased at the Company's discretion.

Base Salary. During the Employment Period, the Executive’s base salary shall will be $300,000 416,000.00 per year annum (the “Base Salary”). The Base Salary will be payable monthly on the last working day of each month in arrears in twelve (12) equal installments per annum. Annually during the Employment Period the Company shall review with the Executive his job performance and compensation, starting as and if deemed appropriate by the Board of Directors of the Effective DateCompany or its delegate, which in its discretion, the Executive’s Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesmay be increased.

Base Salary. Executive’s 's base salary shall be at the annual rate of Two Hundred and Twenty-Five Thousand Dollars ($300,000 per year 225,000) (the “"Annual Base Salary”)") during the Term, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard 's regular payroll practices and policies for senior executivespractices. All applicable withholding taxes shall be deducted from such payments. Annual Base Salary may be increased (but not decreased), and (ii) subject from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime during the Term, in the exercise of the good faith discretion of the Company's Board of Directors.

Base Salary. Executive’s total annual base salary shall be not less than $300,000 per year (the “Base Salary”)160,000, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and same frequency as the salaries of other taxes as required by law or as otherwise permissible under such practices or policiesemployees of Employer.

Base Salary. During the Employment Period, Executive’s 's base salary shall be $300,000 350,000 per year annum or such higher rate as the Board in its sole discretion may designate from time to time (the “"Base Salary”"), starting as of the Effective Date, which Base Salary is (i) salary shall be payable in installments, regular installments in accordance with the Company’s standard 's general payroll practices and policies for senior executives, and (ii) shall be subject to such customary withholding and other taxes as required by law or as otherwise permissible under such practices or policiescustomary deductions.

Base Salary. During the term of Executive’s employment, Executive will receive a base salary shall be of $300,000 265,000 per year annum, payable in biweekly increments, subject to annual salary and performance review and potential salary increase (but not reductions) at the “Base Salary”), starting as sole discretion of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s base The Executive will be paid an annual salary shall be $300,000 per year in the amount of US$250,000 (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executivesnon-resident employees, and as may be amended from time to time. Future increases in Base Salary (iiif any) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policieswill be at the sole discretion of the Board.

Base Salary. Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting ) shall be $160,000 per annum for the term of this Agreement and/or as of the Effective Date, which increased in accordance with Company policies as in effect from time to time. Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesof the Company.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 275,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 1,000,000 (the “Base Salary”), starting as of the Effective Date, which ) The Base Salary is (i) may not be decreased during the Term. The Base Salary shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s annual base salary shall (as may be $300,000 per year (the increased from time to time, “Base Salary”)) will be $300,000, starting as of the Effective Dateless payroll deductions and all required withholdings, which Base Salary is (i) payable in installments, in accordance with the Company’s standard normal payroll practices practices. The Company shall review Executive’s Base Salary periodically and policies for senior executivesany increase to Executive’s Base Salary, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesif any, will be made solely at the discretion of the Company.

Base Salary. Executive’s The base salary payable to Executive during the term shall be $300,000 195,290 per year (the “Base Salary”)year, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard 's payroll practices and policies procedures for senior executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and (ii) subject performance, and, as increased from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime, may not be reduced.

Base Salary. Executive’s base The Company shall pay Executive a minimum annual salary shall be of two hundred twenty five thousand dollars ($300,000 per year 225,000) (the “Base Salary”), starting or in the event of any portion of a year, a pro rata amount of such annual salary. Executive’s salary will be payable as of the Effective Date, which Base Salary is (i) payable in installments, earned in accordance with the Company’s standard customary payroll practices practice. Executive shall also be entitled to a merit increase based on his base salary and policies for senior executivessubsequent to performance review, on his anniversary date and (ii) subject to such withholding and other taxes as required each year thereafter while Executive is employed by law or as otherwise permissible under such practices or policiesthe Company.

Base Salary. The Company shall pay Executive a minimum annual salary of one hundred forty-five thousand dollars ($145,000), or in the event of any portion of a year, a pro rata amount of such annual salary. Executive’s base salary shall will be $300,000 per year (the “Base Salary”), starting payable as of the Effective Date, which Base Salary is (i) payable in installments, earned in accordance with the Company’s standard customary payroll practices practice. Executive shall also be entitled to a merit increase based on his base salary and policies for senior executivessubsequent to performance review, on his anniversary date beginning December 30, 2014 and (ii) subject to such withholding and other taxes as required each year thereafter while Executive is employed by law or as otherwise permissible under such practices or policiesthe Company.

Base Salary. Executive’s The base salary payable to Executive during the term shall be $300,000 85,000 per year (the “Base Salary”)year, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard 's payroll practices and policies procedures for senior executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and (ii) subject performance, and, as increased from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime, may not be reduced.

Base Salary. Executive’s The base salary for Executive shall be $300,000 275,000 per year year, or such other rate as the Board may designate from time to time (the “"Base Salary”"), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, regular installments in accordance with the Company’s standard 's general payroll practices and policies for senior executives, and (ii) shall be subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policieswithholdings for applicable taxes.

Base Salary. Executive’s During the Term of Employment and commencing on the Commitment Date the Executive shall receive a base salary shall be of $200,000 per annum during the first year of the Term, $300,000 per during the second year of the Term and $400,000 during the third year of the Term (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in equal monthly installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. The Executive’s base salary shall will be $300,000 per year (set no less than annually by the “Base Salary”), starting as Board or the Compensation Committee. As of the Effective Date, which Base Salary the Executive’s base salary is (i) CHF 353,632, payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies12 monthly installments of CHF 29,469 per month.

Base Salary. During the Employment Period, the Executive’s 's annual ----------- base salary shall will be $300,000 per year 130,000 or such higher rate as the Board may designate from time to time (the “"Base Salary”"), starting as of the Effective Date, which Base Salary is (i) will be payable in installments, regular installments in accordance with the Company’s standard 's general payroll practices and policies for senior executives, and (ii) which will be subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiescustomary withholding. Each year the Board will review the Executive's Base Salary and, in its sole discretion, determine whether any increases (but not decreases) thereof are appropriate.

Base Salary. Executive’s For the remainder of 2022, Executive shall receive for services to be rendered hereunder an annualized base salary shall be of $300,000 per year 850,000 (the “Base Salary”), starting as payable on the regular payroll dates of the Effective DateCompany (but no less often than monthly). For 2023 and subsequent years, which Executive’s Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesshall be $350,000.

Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $550,000 for each twelve-month period of the Term. The Executive’s 's base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the normal payroll procedures of the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. The Executive’s annual base salary shall be $300,000 per year (375,000, subject to redetermination by the Board or the Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s base annual salary shall will be $300,000 per year 375,000 (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, paid in accordance with the Company’s standard payroll practices and policies for senior executives, and as in effect from time to time. The Base Salary will be reviewed annually by the Compensation Committee of the Company’s Board of Directors (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesthe “Committee”).

Base Salary. During the Term, Executive’s 's base salary ("Base Salary") shall be one million two hundred fifty thousand dollars ($300,000 1,250,000) per year annum (the “Base Salary”pro-rated for any partial years), starting subject to appropriate increases, as determined and approved by the Compensation Committee of the Effective Date, which Group. The Base Salary is (i) payable in installments, shall be paid in accordance with the Company’s standard 's normal payroll practices and policies for senior executives, and (ii) subject in effect from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime.

Base Salary. During the Term, the Executive’s annual base salary shall be $273,000 and shall be proportionally increased in the event Executive increases her time commitment to the Company in excess of 30 hours per week. The Executive’s base salary shall be $300,000 per year reviewed annually by the Board or the Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesexecutive officers.

Base Salary. Executive’s The base salary payable to Executive during the term shall be $300,000 150,000 per year (the “Base Salary”)year, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard 's payroll practices and policies procedures for senior executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and (ii) subject performance, and, as increased from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime, may not be reduced.

Base Salary. Executive’s base Company shall pay to Executive throughout the Term an annual salary shall be $300,000 per year (the “Base Salary”)) at a rate of $150,000 per annum, starting payable bi-weekly during the Term, with such increases as of the Effective Date, which Base Salary is (i) payable in installments, may be provided in accordance with the Company’s standard payroll practices and policies for senior executivesterms hereof. In addition to any other increase of the Base Salary as provided herein, and (ii) subject to such withholding and other taxes as required annual Base Salary shall be increased by law or as otherwise permissible under such practices or policiesmutual agreement of the parties in each year of the Term.

Base Salary. Executive’s During the Term, the Executive shall receive an annual base salary shall be in an amount equal to $300,000 per year 500,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices and policies for senior executives, and (ii) subject procedures in effect from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime.

Base Salary. During the Term, the Executive’s base salary shall be $300,000 350,000.00 per year annum (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) salary shall be payable in installments, regular installments in accordance with the Company’s standard general payroll practices and policies for senior executives, and (ii) practices. The Base Salary will be subject to such withholding review on an annual basis and other taxes as required may be adjusted in accordance with the procedures set forth by law or as otherwise permissible under such practices or policiesthe Company’s Compensation Committee.

Base Salary. The Company shall pay Executive a minimum annual salary of one hundred seventy five thousand dollars ($175,000), or in the event of any portion of a year, a pro rata amount of such annual salary. Executive’s base salary shall will be $300,000 per year (the “Base Salary”), starting payable as of the Effective Date, which Base Salary is (i) payable in installments, earned in accordance with the Company’s standard customary payroll practices practice. Executive shall also be entitled to a merit increase based on his base salary and policies for senior executivessubsequent to performance review, on his anniversary date beginning on January 3, 2013 and (ii) subject to such withholding and other taxes as required each year thereafter while Executive is employed by law or as otherwise permissible under such practices or policiesthe Company.

Base Salary. During the Term, the Executive’s annual base salary shall be Five Hundred Thousand Dollars ($300,000 per year 500,000) (the “Base Salary.”), starting as of the Effective Date, which ) The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. The Executive’s annual base salary shall be $300,000 per year (300,000, subject to redetermination by the Board or the Compensation Committee. The base salary in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and . (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.b)

Base Salary. Executive’s During the Term and any extension of the Term pursuant to paragraph 1.1, the Executive shall receive a base salary at the annual rate of $150,000 (the "Base Salary"). The Base Salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance substantially equal installments consistent with the Company’s standard 's normal payroll practices and policies for senior executivesschedule, and (ii) subject to such applicable withholding and other taxes as required by law or as otherwise permissible under such practices or policiestaxes. Notwithstanding the above, at the discretion of the Board of Directors of the Company, the Base Salary may be increased, but shall not be decreased, on each anniversary of the Commencement Date during the Term and any extension of the Term.

Base Salary. Pursuant to the Term Sheet, Executive shall continue to be paid his base salary of $435,000 until December 31, 2005. Commencing January 1, 2006, to reflect Executive’s base salary revised responsibilities and time commitment as set forth in this Agreement, Executive’s annualized Base Salary shall be changed to $300,000 per year (without further action by the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesparties hereto.

Base Salary. Company will pay Executive a base salary in cash of $175,000 per annum from which tax and other withholdings will be deducted, paid in equal bi-monthly installments. Executive’s base salary shall may be $300,000 per year (changed by mutual agreement at any time during the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesTerm.

Base Salary. Executive’s During the Term, Executive shall be entitled to a base salary shall be of $300,000 25,000.00 per year month (the which annualizes to $300,000.00 per year), pro-rated for any partial month, less applicable tax and other withholdings (“Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, shall be paid in accordance with the Company’s standard normal payroll practices and policies for senior executives, applicable state and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesfederal law. The Base Salary may be increased but not decreased in the sole discretion of the Board.

Base Salary. Executive’s Executive will receive an annual base salary shall be of $300,000 per year (the “Base Salary”), starting as of the Effective Date175,000, which Base Salary is (i) payable in installments, will be paid in accordance with the Company’s standard regular payroll practices and policies for senior executivespractices, and (ii) which will be subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policieslaw. Executive’s annual base salary will be reviewed from time to time to determine whether, in the Company’s sole discretion, the annual base salary should be changed.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 265,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. Executive’s base salary shall be During the Employment Term, the Executive will receive an annual salary, payable in monthly or more frequent installments, of $300,000 per year (subject to authorized withholding and other deductions. The annual salary will be reviewed annually and, if appropriate, increased by the Company in its sole discretion. Such annual salary, as so increased, is hereinafter referred to as the “Base Salary”), starting as of .” In no event shall the Effective Date, which Executive’s Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbe reduced below 85 percent of $300,000.

Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $200,000.00 for each twelve-month period of the Term. The Executive’s 's base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the normal payroll procedures of the Company’s standard payroll practices . The Company's Board of Directors or Compensation Committee shall annually review such base salary and policies for senior executives, and (ii) subject to may increase such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbase salary.

Base Salary. Executive’s The base salary payable to Executive during the term shall be $300,000 220,500 per year (the “Base Salary”)year, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard 's payroll practices and policies procedures for senior executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and (ii) subject performance, and, as increased from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime, may not be reduced.

Base Salary. As of , , the Executive’s annual base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies$ .

Base Salary. Executive’s The base salary payable to Executive during the term shall be $300,000 200,000 per year (the “Base Salary”)year, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard 's payroll practices and policies procedures for senior executives, but not less frequently than monthly. Such base salary may be increased from time to time, at the discretion of the Board of Directors of the Company (the "Board"), in light of the Executive's position, responsibilities and (ii) subject performance, and, as increased from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime, may not be reduced.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 350,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. The Executive’s annual base salary shall be $300,000 per year (270,000, subject to redetermination by the Company. The base salary in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 225,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. During the Term, the Executive’s annual base salary shall be three hundred nine thousand dollars ($300,000 per year (the 309,000). The base salary rate in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s annual base salary shall be is initially $300,000 per year 750,000.00 (the “Base Salary”), starting as of . The Company will pay the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard normal payroll practices and policies for senior executives, and (ii) subject procedures in effect from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime.

Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $275,000.00 for each twelve-month period of the Term. The Executive’s 's base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the normal payroll procedures of the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. During the Term, the Executive’s annual base salary shall be three hundred twenty-five thousand dollars ($300,000 per year (the 325,000). The base salary rate in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and . (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.b)

Base Salary. Executive’s base The Executive will receive salary shall be at the rate of $300,000 per year 225,000 annually (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, equal increments not less often than monthly in accordance arrears and in any event consistent with the Company’s standard payroll practices policy and policies for senior executivespractices. In addition, and (ii) subject the Base Salary of the Executive may from time to such withholding and other taxes as required time be increased, but not decreased, by law or as otherwise permissible under such practices or policiesthe Board, in its absolute discretion.

Base Salary. Executive’s base salary shall be $300,000 350,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. The Executive’s annual base salary shall be is $300,000 per year (343,100, which is subject to review and redetermination by the Company from time to time. The annual base salary in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) will be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. The Executive’s 's annual base salary shall will be One Hundred and Eighty-Five Thousand Dollars ($300,000 per year (the “Base Salary”185,000), starting as payable on the Corporation's regular bi-weekly payroll basis. The Executive shall receive only that portion of the Effective Date, which Base Salary is (i) payable in installments, in accordance with base that will become due during the Company’s standard payroll practices and policies for senior executivesTerm, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesnot the total annual base salary.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 215,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. Executive’s base During the Term, the Company shall pay the Executive an annual salary shall be of $300,000 per year (the “Base Salary”)218,400, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and 's salary payment policies for governing senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. During the Term, Executive shall receive an annual base salary equal to $325,000, or such higher amounts as determined in the sole discretion of Company. Executive’s annual base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable paid in installments, equal installments in accordance with the Company’s standard payroll practices and policies for senior policy regarding payment of compensation to executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 375,064 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. Effective as of January 1, 2008, Executive’s base salary will be $19,250 per month ($231,000 per annum), less any deductions required by law, which shall continue to be paid in accordance with the Company’s normal and customary payroll practices, but no less frequently than monthly. The Executive’s base salary shall be $300,000 per year (reviewed annually and may be reasonably adjusted in the “Base Salary”), starting as sole discretion of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s base The Company shall pay Executive an annual salary shall be $300,000 per year (the “Base Salary”)) of One Hundred Seventy Three Thousand Two Hundred Thirty-Two Dollars ($173,232) per year, starting as or in the event Executive works part of a year, a pro rata amount of the Effective Date, which Base Salary. Executive’s Base Salary is (i) will be payable as earned in installments, equal installments in accordance with the Company’s standard customary payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiespractice.

Base Salary. Executive’s base The Executive shall receive a monthly salary shall be of $300,000 per year 13,433.33 (the “Base Salary”), starting as equal to an annual salary of the Effective Date, which Base Salary is (i$161,200.00) payable in installments, in accordance with the Company’s then-current standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law of the Company or as otherwise permissible under such practices or policiesagreed to by the parties. The Executive’s salary may be increased from time to time by the Board.

Base Salary. Executive’s The Executive shall receive an annualized base salary shall be $300,000 per year (the “Base Salary”)) which is not less than $210,000 per year. Throughout the Term, starting the Executive shall be eligible for discretionary annual merit increases and/or other base salary adjustments as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with deemed appropriate by the Company’s standard payroll practices and policies for senior executivesCo-Chief Executive Officers (the “Co-CEOs”). The Executive’s Base Salary will be payable in equivalent bi-weekly installments, and (ii) subject to such withholding usual and other taxes as required by law or as otherwise permissible under such practices or policiespayroll deductions, including, without limitation, applicable taxes.

Base Salary. During the Term, the Executive’s annual base salary shall be Three Hundred Thousand Dollars ($300,000 per year 300,000) (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) . The Base Salary shall be subject to annual review and may be adjusted upward from time to time in the sole discretion of the Company taking into account such withholding and other taxes factors as required by law or as otherwise permissible under such practices or policiesit deems relevant.

Base Salary. Executive’s During the Term, Executive shall be paid an annual base salary shall be of $300,000 per year 350,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the CompanyEmployer’s standard regular payroll practices as then in effect. During the Term, the Base Salary will be reviewed annually and policies for senior executives, and (ii) is subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.adjustment at the discretion of the Compensation Committee of the Board (the “Compensation Committee”), but in no event shall Employer pay Executive a Base Salary less than that set forth above during the Term. #PageNum#

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 601,174 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $410,000 for each twelve-month period of the Term. The Executive’s 's base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the normal payroll procedures of the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. During the Employment Period, the Executive’s 's base salary shall will be $300,000 512,500.00 per year annum (the “Base Salary”). The Base Salary will be payable monthly on the last working day of each month in arrears in twenty four (24) equal installments. Annually during the Employment Period the Company shall review with the Executive his job performance and compensation, starting as and if deemed appropriate by the Board of Directors of the Effective DateCompany or its delegate, which in its discretion, the Executive's Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.may be increased. SECTION 4.02

Base Salary. The Executive’s annual base salary shall be $300,000 per year (the “Base Salary”)) will be not less than $175,000. This Base Salary, starting and all other compensation and reimbursements under the Agreement, may be provided through Administaff, and the Base Salary will be payable in such installments as are applicable to employees of the Effective Date, which Company and/or Administaff at substantially the same service level as the Executive. Said Base Salary is (i) payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes increase on the recommendation of the Board of Directors of the Company (the “Board”) or a committee thereof, as required by law or as otherwise permissible under such practices or policiesexercised from time to time.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 600,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. During the Term, the Executive’s base salary shall will be at a rate of not less than $300,000 650,000 per year annum (the “Base Salary”), starting as of the Effective Date, which . Such Base Salary is (i) payable in installments, shall be paid in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) then in effect. The Base Salary shall be subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesperiodic review for increases, but in no event shall the Base Salary be decreased.

Base Salary. Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which ) shall be three hundred and fifty thousand dollars ($350,000) per year payable in equal amounts twice monthly. The Company makes no assurances that executives Base Salary is (i) payable in installments, in accordance with will be increased at any time during the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.term. CONFIDENTIAL - XXXXXXX EMPLOYMENT AGREEMENT

Base Salary. Executive’s base salary during the Term shall be at the rate of $ 373,114 per year. Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, substantially equal installments in accordance with the Company’s standard payroll practices and policies for senior executivesas in effect from time to time, and (ii) less any amounts required to be withheld under applicable law. The base salary will be subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesadjustment from time to time in the sole discretion of the Company.

Base Salary. Executive’s base salary shall be $300,000 per year (the “Base Salary”)) shall be $249,100 per annum for the term of this Agreement and/or as increased, starting after review by the Board at the time and in accordance with Company policies as of the Effective Date, which in effect from time to time. Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesof the Company.

Base Salary. During the Term, the Executive’s base salary shall be $300,000 330,000.00 per year annum (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) salary shall be payable in installments, regular installments in accordance with the Company’s standard general payroll practices and policies for senior executives, and (ii) practices. The Base Salary will be subject to such withholding review on an annual basis and other taxes as required may be adjusted in accordance with the procedures set forth by law or as otherwise permissible under such practices or policies.the Company’s Compensation Committee. ​

Base Salary. During the Term, the Executive’s annual base salary shall be no less than $325,000. The Executive’s base salary shall be $300,000 per year redetermined annually by the Compensation Committee of the Board (the “Base SalaryCompensation Committee”), starting and when increased, may not be reduced without the Executive’s consent. The base salary in effect at any given time is referred to herein as of the Effective Date, which “Base Salary.” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard Employers’ usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as ) will be paid at the rate of $25,409.33 monthly ($304,912 annualized) during the Effective Date, which Term. Executive’s Base Salary is (i) payable may be increased by the Compensation Committee and/or Board in installments, their sole discretion but shall not be decreased without Executive’s consent. Executive’s Base Salary will be paid at periodic intervals in accordance with the Company’s standard normal payroll practices and policies for senior executivessalaried employees. Executive’s base salary will increase to $314,060.00 on December 1, 2023, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies$323,481.00 on December 1, 2024.

Base Salary. Executive’s base annual salary shall will be $300,000 per year 350,000 (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, paid in accordance with the Company’s standard payroll practices as in effect from time to time. The Base Salary will be reviewed annually by the Compensation Committee of the Company’s Board (the “Compensation Committee”) and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased.

Base Salary. Executive’s The Company will pay Executive during the Term an annual base salary shall be in the amount of $300,000 per year 192,937.56 (the “Base Salary”), starting ” as of July 1, 2014). At each and every July 1 during the Effective DateTerm, which the Base Salary is (i) will be increased by not less than 5% of the Base Salary as of June 30 immediately preceding. Base Salary will be payable in installments, in accordance with the Company’s standard ordinary payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesof the Company.

Base Salary. Executive’s base Company shall pay to Executive throughout the Term an annual salary shall be $300,000 per year (the “Base Salary”), starting as ) payable monthly on the 15th day of each month during the Effective Date, which Term. The Base Salary is (i) payable in installments, in accordance with shall be at the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesrate of $350,000 per year.

Base Salary. Executive’s base annual salary shall be is currently $300,000 per year 265,000 (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, paid in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject as in effect from time to such withholding and other taxes as required time. The Base Salary will be reviewed annually by law or as otherwise permissible under such practices or policiesthe CEO.

Base Salary. During the Term, the Executive’s annual base salary shall be $300,000 per year 213,803 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. The Executive’s base salary 's Base Salary shall be $300,000 $ 155,000 per year (the “Base Salary”)annum, starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard 's payroll practices policies and policies for senior executivespractices, and (ii) subject to such withholding and other taxes increases thereafter in amounts equal to the greater of the change in the Cost of Living Index, as required published by law the American Chamber of Commerce Researchers Association, or as otherwise permissible under such practices or policiesthe rate of increase applied to employees, generally.

Base Salary. During the Executive’s employment with the Company, Executive’s base salary will be at a rate of not less than $600,000 per annum for each calendar year (e.g., January 1 through December 31). Such Base Salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, paid in accordance with the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesthen in effect.

Base Salary. During the Term, Executive’s base salary shall be $300,000 per year (the “Base Salary”) will be at a rate of a minimum of $385,000 per annum (a minimum of $400,000 per annum for 2018 and 2019), starting as of the Effective Date, which Base Salary is (i) payable paid in installments, equal installments in accordance with the Company’s standard payroll practices and policies for senior executives, and then in effect. Base salary may be increased during the Term (iibut may not be decreased) subject to such withholding and other taxes as required by law in the sole discretion of the Company’s Board of Directors (the “Board”) or as otherwise permissible under such practices or policiesthe Compensation Committee of the Board (the “Compensation Committee”).

Base Salary. During the Employment Period, the Executive’s 's base salary shall be $300,000 235,000 per year annum (the “"Base Salary”"), starting as of which salary shall be paid by the Effective Date, which Base Salary is (i) payable Company in installments, regular installments in accordance with the Company’s standard 's general payroll practices and policies for senior executives, and (ii) shall be subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiescustomary withholding.

Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $237,806.47 for each twelve-month period of the Term. The base salary shall be reviewed for increase (but not decrease) by the Chief Executive Officer no less than annually. The Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the normal payroll procedures of the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. The Executive’s annual base salary shall be $300,000 per year (362,000, which is subject to review and redetermination by the Company’s Board or the Compensation Committee thereof. The base salary in effect at any given time is referred to herein as “Base Salary”), starting as of the Effective Date, which .” The Base Salary is (i) shall be payable in installments, in accordance a manner that is consistent with the Company’s standard usual payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $220,000.12 for each twelve-month period of the Term. The base salary shall be reviewed for increase (but not decrease) by the Chief Executive Officer no less than annually. The Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the normal payroll procedures of the Company’s standard payroll practices and policies for senior executives, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policies.

Base Salary. Executive’s annual base salary shall initially be $300,000 per year 350,000 (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard normal payroll practices and policies for senior executivesas in effect from time to time. Such Base Salary shall be subject to periodic review, and (ii) subject may be increased from time to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiestime in the discretion of the Company.

Base Salary. During the Term, the Executive will receive an annual base salary of $350,000. In the event that the Company increases the Executive’s annual base salary, the amount of the initial annual base salary, together with any increase(s) will be the Executive’s base salary shall be $300,000 per year (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) will be payable in installments, in accordance with the Company’s standard regular payroll practices and policies for senior executivespayment practices, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not less frequently than monthly.

Base Salary. During the Term, the Executive’s annual base salary (which includes any additional 13th month pay required by law) shall be $300,000 per year 200,000 (the “Base Salary”), starting as of the Effective Date, which . The Base Salary is (i) shall be payable in installments, in accordance with the Company’s standard normal payroll practices procedures in effect from time to time and policies for senior executivesmay be increased, and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesbut not decreased, at the discretion of the Company.

Base Salary. Executive’s During the Term, the Executive will receive an annual base salary shall be of $300,000 per year 350,000 (the “Base Salary”), starting as of the Effective Date, which Base Salary is (i) payable in installments, in accordance with the Company’s standard normal payroll practices and policies for senior executivesas in effect from time to time. Such Base Salary shall be subject to periodic review by the Compensation Committee of the Board (the “Compensation Committee”), and (ii) subject to such withholding and other taxes as required by law or as otherwise permissible under such practices or policiesmay be increased in the sole discretion of the Compensation Committee.