For all of the services to be rendered by the Executive under this Agreement, the Company shall pay the Executive a base salary equal to $250,000 (“Base Salary”). The compensation paid hereunder to the Executive shall be paid in accordance with the normal payroll practices of the Company and shall be subject to the customary withholding taxes and other employment taxes as required with respect to compensation paid by a corporation to an employee. The Base Salary will be subject to annual review and adjustment by the Compensation Committee of the Company’s Board of Directors (“Compensation Committee”) based upon the Executive’s performance.