For all services rendered under this Agreement during the term of Executive’s employment, the Company shall pay Executive (i) a minimum annual Base Salary of $725,000 for 2017, pro-rated from the Effective Date; and (ii) a minimum annual Base Salary of $750,000 for 2018. Executive’s Base Salary shall be reviewed annually by the Board, or a committee of the Board, and may be increased in the sole discretion of the Board, or such committee of the Board.