During the Term, the Employer shall pay to Executive base salary at the rate equal to $350,000 (“ Base Salary ”), less normal withholdings, payable in approximately equal bi-weekly or other installments as are or become customary under the Employer’s payroll practices for its Executives from time to time. The Compensation Committee of the Board of Directors of the Company and the Bank (the “ Compensation Committee ”) shall review Executive’s Base Salary from time to time and may increase, but not decrease, such Base Salary in connection with such review.