During the Employment Period, the Executive shall receive a gross salary at the rate of 655,000 USD per year (“ Base Salary ”), less normal withholdings, payable in equal monthly installments as are or become customary under the Company’s payroll practices for its employees from time to time. The Compensation Committee (the “ Compensation Committee ”) of the Company’s Board of Directors (the “ Board ”) shall review the Executive’s Base Salary annually during the Employment Period. Any increases to the Executive’s salary shall become the Executive’s Base Salary for purposes of this Agreement.