The Employer shall pay Executive an aggregate minimum annual salary at the rate of (i) $800,000 per annum from the Effective Date through December 31, 2017 and (ii) $900,000 per annum from January 1, 2018 through the end of the Employment Period (“Base Salary”). Base Salary shall be payable bi-weekly in accordance with the Employer’s normal business practices and shall be reviewed by the Board or Compensation Committee of the Board at least annually. In no event shall Executive’s Base Salary in effect at a particular time be reduced without his prior written consent.