During the Employment Period, the Company shall pay Executive a Base Salary in an amount which shall be established from time to time by the Board of the Company; provided, however, that such Base Salary shall not be less than six hundred seventy-five thousand dollars ($675,000) per year. This Base Salary shall be paid to Executive in equal installments throughout the year, consistent with the normal payroll practices of the Company. The Base Salary shall be reviewed during the Employment Period at least annually following the Commencement Date, to ascertain whether, in the judgment of the Board, such Base Salary should be increased based primarily on the performance of Executive during the year. The first such review shall take place during May 2017. If so increased, the Base Salary as stated above shall, likewise, be increased for all purposes of this Agreement and shall not, in any event, be decreased in any year.