Effective as of the Effective Date, the Company will pay Executive an annual salary of $330,000.00 as compensation for Executive’s employment services to the Company (the “ Base Salary ”). The Base Salary will be paid periodically in accordance with the Company’s normal payroll practices and be subject to the usual, required withholdings. Executive’s annual salary will be subject to review and adjustments as may be made based upon the Company’s normal performance review practices.