During the Term of Employment, the Company shall pay to Employee a base salary of not less than four hundred sixty-two thousand ninety dollars ($462,090) per annum (the “Base Salary”), payable at the times and in the manner consistent with the Company’s general policies regarding compensation of senior executive employees, but not less frequently than monthly. The Base Salary will be reviewed within 30 days following the Effective Date, and may be increased (but not decreased) following such review, and in any event, will be reviewed not less than annually by the Compensation Committee and may be increased (but not decreased) in the Compensation Committee’s discretion.