Subject to section 5.2(b)(i) hereof, the Company shall pay the Executive an annual rate of base salary of two hundred eighty-seven thousand nine hundred dollars ($287,900) in periodic installments in accordance with the Company's customary payroll practices, but no less frequently than monthly.  The Executive's base salary shall be reviewed at least annually by the Company’s CEO, and the CEO may, but shall not be required to, increase the base salary during the Executive’s employment with the Company. The Executive's annual base salary, as in effect from time to time, is hereinafter referred to as " Base Salary ".