During the initial year of the Employment Term, for all the services rendered by Executive hereunder, the Company shall pay Executive a base salary (“ Base Salary ”), at the annual rate of $__________, payable in installments at such times as the Company customarily pays its other employees. Executive’s Base Salary shall be reviewed periodically for appropriate adjustments, if any, by the CEO or the Compensation Committee of the Board (the “ Compensation Committee ”) pursuant to the Company’s normal performance review policies for senior level executives. Executive’s Base Salary also may be decreased as part of an overall Company reduction of compensation.