The Employer shall provide the Executive a base annual salary (the “Base Salary”), which shall be paid on a regular basis in accordance with the Employer’s normal payroll procedures and policies. The Base Salary shall be paid at an initial rate of $205,000 per year.  Thereafter, the Executive’s salary shall be reviewed annually by the Board and may be increased from time to time above the Base Salary required by this Section 4.1 but may not be reduced below the then-current Base Salary paid to the Executive without the Executive’s consent.