As compensation for services performed under and during the term of this Agreement, the Employee shall receive a minimum annual base salary (“Base Salary”) at a rate of Four Hundred Sixteen Thousand Two Hundred Eighty-Nine Dollars ($416,289).  The Employee’s minimum Base Salary may be increased (but not decreased, except for across-the-board salary reductions based on the Employers’ financial performance similarly affecting all executive officers of the Employers) from time to time during the term hereof by such amounts as the Compensation Committee of the Company’s Board of Directors in its sole discretion may determine.