During the Employment Period, the Executive shall receive an initial annual base salary in an amount equal to $950,000 (as may be adjusted from time to time, the “ Annual Base Salary ”), which shall be paid in accordance with the customary payroll practices of the Employer (but no less frequently than in equal monthly installments). The Annual Base Salary will be reviewed by the Parent Board or the Compensation Committee of the Parent Board (the “ Compensation Committee ”) or its designee annually for adjustments.