The Company shall pay to the Executive an annual salary (the " Base Salary ") at a rate of no less than $515,000 per year, payable in substantially equal installments at such intervals as may be determined by the Company in accordance with the Company's then current ordinary payroll practices as established from time to time.  The Base Salary shall be reviewed in good faith by the Compensation Committee of the Board (the " Compensation Committee "), based upon the Executive's performance, not less often than annually.