During the Term, Executive’s base salary (“Base Salary”) will be at a rate of  a minimum of $385,000 per annum (a minimum of $400,000 per annum for 2018 and 2019), paid in equal installments in accordance with the Company’s payroll practices and policies then in effect . Base salary may be increased during the Term (but may not be decreased )  in the sole discretion of  the Company’s Board of Directors (the “ Board ”) or the Compensation Committee of the Board (the “ Compensation Committee ”) .