The Company shall pay Executive during year one of the Term an annual salary (the “ Base Salary ”) of Five Hundred Fifty Thousand Dollars ($550,000), payable in accordance with the Company’s normal business practices for senior executives (including tax withholding), but in no event less frequently than monthly.  Upon the second anniversary of the Effective Date, Executive’s Base Salary shall be reviewed and thereafter at least annually by the Compensation Committee of the Board (the “ Compensation Committee ”) and may be adjusted in its discretion, provided that during the Term the Base Salary may not be decreased below Five Hundred Fifty Thousand Dollars ($550,000) without the consent of the Executive.  After any such adjustment in Base Salary, the term “ Base Salary ” shall refer to the increased amount.