From the Effective Date, the Executive shall be entitled to receive a base salary (࿽ Base Salary ࿽) at a rate of $375,000.00 per annum, payable in accordance with the Company࿽s payroll practices.  Subject to the Executive࿽s rights under Section 5.2, Base Salary is subject to increase or decrease, from time to time, in the sole and absolute discretion of the Board.  Once changed, such amount shall constitute the Executive࿽s annual Base Salary.