Executive shall initially be paid an annualized Base Salary, payable in accordance with the regular payroll practices of the Company, of $420,000.  No less frequently than annually, the Executive’s Base Salary shall be reviewed by the Compensation Committee who may (but is not obligated to) adjust such Base Salary in its sole discretion; provided that Base Salary shall not be decreased.  Any such increased Base Salary shall be the Executive’s “Base Salary” for all purposes under this Agreement.