During the Term, the Executive ’ s annual base salary shall be $ 340,000 .  The Executive ’ s base salary shall be re - determined annually by   the Board or the Comp ensation Committee and shall be subject to increase but not decrease while serving in this role .  The annual base salary in effect at any given time is referred to herein as “ Base Salary. ”  The Base Salary shall be payable in a manner that is consistent with the Company ’ s usual payroll practices for senior executives.