Employer hereby covenants and agrees to pay to Employee, and Employee hereby covenants and agrees to accept from Employer, (i) a base salary at the rate of Seven Hundred Fifty Thousand Dollars ($750,000.00) per annum from the Effective Date through August 31, 2018, and (ii) a base salary at the rate of Eight Hundred Thousand Dollars ($800,000.00) per annum from September 1, 2018 through the remainder of the Term, payable in such installments as shall be convenient to Employer (the “ Base Salary ”). Employee shall be subject to performance reviews and the Base Salary may be increased but not decreased as a result of any such review. Such Base Salary shall be exclusive of and in addition to any other benefits which Employer, in its sole discretion, may make available to Employee, including any discretionary bonus, profit sharing plan, pension plan, retirement plan, disability or life insurance plan, medical and/or hospitalization plan, or any and all other benefit plans which may be in effect during the Term.