For services to be rendered hereunder, Executive will receive a base salary at the rate of $388,000 per year (the “ Base Salary ”) less standard payroll deductions and withholdings and payable in accordance with the Company’s regular payroll schedule. The Base Salary will be reviewed from time to time (at least annually) and may be increased (but not decreased) by the Compensation Committee of the Board (the “ Committee ”) in its sole discretion; provided that, subject to the terms of this Agreement, the Base Salary may be decreased in accordance with a uniform reduction in base salaries applicable to all senior executives of the Company.