Executive’s annual base salary (as may be increased from time to time, the “ Base Salary ”) shall be $800,000, less payroll deductions and all required withholdings, payable in accordance with the Company’s normal payroll practices.  The Board or a committee of the Board shall review Executive’s Base Salary periodically and any increase to Executive’s Base Salary, if any, will be made at the reasonable discretion of the Board or a committee of the Board, provided , that neither the Board or a committee of the Board may reduce Executive’s Base Salary.