In consideration of Executive's performance of the responsibilities and duties set forth in this Agreement, the Bank will provide Executive the compensation specified in this Agreement.  The Bank will pay Executive a salary of $220,000 per year   (" Base Salary ").   Such Base Salary will be payable in accordance with the customary payroll practices of the Bank.   During the term of this Agreement, the Board may consider increasing, but not decreasing (other than a decrease which is applicable to all senior officers of the Bank and in a percentage not in excess of the percentage decrease for other senior officers), Executive's Base Salary as the Board deems appropriate.  Any change in Base Salary will become the "Base Salary" for purposes of this Agreement.