 What is the base salary of the Executive?
During the Employment Term, the Executive shall receive a base salary at a rate of $250,000 per annum (the “ Base Salary ”), less applicable deductions and withholdings, which shall be paid in arrears in accordance with the customary payroll practices of the Company (as in effect from time to time). The Company, in its sole and absolute discretion, may increase the Executive’s Base Salary during the Employment Term, in which case such increased base salary shall be the “Base Salary” for purposes of this Agreement.
250,000