The Company shall pay the Executive an annual rate of base salary of $62,500.00 (Sixty Two Thousand Five Hundred Dollars) in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary may not be decreased during the Employment Term., other than as part of an across-the-board salary reduction, of not more than fifteen percent (15%), which applies in the same manner to all senior executives. The Executive’s annual base salary, as in effect from time to time, is hereinafter referred to as “ Base Salary .” Beginning on August 30, 2017, the Company shall pay Executive’s accrued and unpaid base salary in the amount of $215,891.00 at the rate of $10,794.44 per month for twenty (20) months (“ Accrued Salary ”). The Company will pay Accrued Salary in accordance with this Section 4.1 regardless of when Executive’s employment ends or if Executive resigns without Good Reason or is dismissed for Cause.