The Corporation shall pay the Executive an annual salary (the “ Base Salary ”) of $600,000, less applicable withholding and other deductions, payable in accordance with the Corporation’s then current payroll practices.  Commencing in 2017, the Base Salary will be reviewed at least annually by the Board of Directors (and/or the Compensation Committee thereof) and may be increased, but not decreased, in its sole discretion, in which event any increased Base Salary shall be deemed the Base Salary under this Agreement.