During the Employment Term, the Company will pay to the Executive a base salary per annum equal to $400,000, which will be reviewed annually, but may not be decreased except in the event of a reduction in salaries of all Company C-suite senior executives and at a percentage reduction being applied to all C-suite senior executives; provided, however, that in no event shall the Executive’s base salary be reduced to less than $400,000 (as in effect from time to time, the “ Base Salary ”). The Base Salary will be payable at the times and in the manner consistent with the Company’s policies regarding compensation of the Company’s executives generally, but in no event less frequently than monthly.