During the Employment Period, Executive's base salary will be three hundred fifty-five thousand dollars ($355,000) per annum (as may be adjusted from time to time by the Board, the " Base Salary "), which salary will be payable by the Company in regular installments in accordance with the Company's general payroll practices (in effect from time to time). Executive's Base Salary for any partial year will be prorated based upon the number of days elapsed in such year.