As compensation for his services , the Company agrees to pay the CONSULTANT a base fee of $240,000/year payable on a monthly basis ($20,000 per month), initial first payment on the 15 th day of the following month starting July 15 th , 2018. In the event the Company is unable to pay the CONSULTANT monthly, the fees shall accrue without interest. This rate may be adjusted if agreed upon by the CEO and /or Board.