Executive's annual base salary shall continue to be $610,000.00 per year ("Base Salary"). The Base Salary shall be payable in accordance with the Company's normal payroll practices. The Base Salary may be increased annually by the Board or the Compensation Committee of the Board (the "Compensation Committee"), in its sole discretion, and all references in this Agreement to Base Salary shall include any such increase. The Base Salary may not be decreased during the Term.