During the Term, the Bank shall pay to Executive base salary at the rate of U.S. $282,000 per year (“ Base Salary ”), less normal withholdings, payable in approximately equal bi-weekly or other installments (no less frequently than monthly) as are or become customary under the Bank’s payroll practices for its Executives from time to time. The Bank shall review Executive’s Base Salary annually and may increase or, but only with Executive’s consent, decrease Executive’s Base Salary from year to year. Such adjusted salary then shall become Executive’s Base Salary for purposes of this Agreement. The Base Salary shall be apportioned between the Holding Company and the Bank in accordance with the Management Service Agreement dated as of April 21, 2016 (the “ Management Service Agreement ”), as such agreement may be amended from time to time.