Your initial annual base salary (the “ Base Salary ”) will be four hundred thousand Dollars ($400,000.00), less required deductions and withholdings, payable in accordance with the Company’s normal payroll practices. Thereafter, your annual base salary will be determined by the Leadership Development and Compensation Committee of the Company’s Board of Directors (the “ Compensation Committee ”). Your Base Salary will be pro-rated for any partial years of employment during your Employment Term.