Base Salary. During the Term, the Company will pay the Executive an annual base salary of at least $400,000.00 for each twelve-month period of the Term. The base salary shall be reviewed for increase (but not decrease) by the Compensation Committee (the "Committee") of the Board of Directors (the “Board”) no less than annually.

Base Salary. During the Term, the Company will pay the Executive anExecutive’s annual base salary of at least $400,000.00 for each twelve-month period of the Term. The base salary shall be reviewed for increase (but$265,000 (the “Base Salary”). The Base Salary shall be payable in accordance with the Company’s normal payroll procedures in effect from time to time and may be increased, but not decrease) bydecreased, at the Compensation Committee (the "Committee")discretion of the Board of Directors (the “Board”) no less than annually.Company.

Base Salary. During the Employment Term, the Company willshall pay to the Executive an annual basea salary of at least $400,000.00 for each twelve-month period of$675,000 per annum, payable consistent with the Term. The base salaryCompany’s standard payroll practices then in effect (“Base Salary”). Such Base Salary shall be reviewed for increase (but not decrease) by the Compensation Committee (the "Committee") of the Board of Directors (the “Board”(hereinafter the “Compensation Committee”) no less than annually.at least annually, with any changes taking into account, among other factors, Company and individual performance.

Base Salary. During the Term, the Company will pay the Executive an annualshall be entitled to a base salary of at least $400,$25,000.00 per month (which annualizes to $300,000.00 per year), pro-rated for each twelve-month periodany partial month, less applicable tax and other withholdings (“Base Salary”), which shall be paid in accordance with the Company’s normal payroll practices and applicable state and federal law. The Base Salary may be increased but not decreased in the sole discretion of the Term. The base salary shall be reviewed for increase (but not decrease) by the Compensation Committee (the "Committee") of the Board of Directors (the “Board”) no less than annually.Board.

Base Salary. During the Term, theThe Company willshall pay the Executive an annual base salary (the “Base Salary”) of at least $400,000.00 for each twelve-month period$240,000 during the Fixed Term, payable in accordance with the standard payroll practices of the Term.Company. The base salaryExecutive’s Base Salary shall be reviewed for increase (but not decrease) byon or about the Compensation Committee (the "Committee")commence­ment of the BoardAt-Will Term and annually thereafter, at which times it shall be subject to increase or decrease at the discretion of Directors (the “Board”) no less than annually.the Board.

Base Salary. During the Term, the Company will pay the Executive anExecutive’s initial annual base salary of at least $400,shall be $80,000.00 for each twelve-month period of the Term. The Executive’s base salary shall be reviewed for increase (but not decrease)at least annually by the Compensation Committee (the "Committee")Board and may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives. Until the Company consummates its Initial (Alternative) Public Offering, the Company may substitute a portion of the BoardBase Salary cash amount with stock, depending upon cash needs of Directors (the “Board”) no less than annually.the Company.

Base Salary. During the Term, the Company will pay the Executive anExecutive’s initial annual base salary of at least $400,shall be $160,000.00 for each twelve-month period of the Term. The Executive’s base salary shall be reviewed for increase (but not decrease)at least annually by the Compensation Committee (the "Committee")Board and may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives. Until the Company consummates its Initial (Alternative) Public Offering, the Company may substitute a portion of the BoardBase Salary cash amount with stock, depending upon cash needs of Directors (the “Board”) no less than annually.the Company.

Base Salary. During the Term, theThe Company willagrees to pay theto Executive an annuala base salary (“Base Salary”) at the annual rate of at least $400,$475,000.00 for each twelve-month period of the Term.00. The base salary shall be reviewed for increase (but not decrease) by the Compensation Committee (the "Committee") of the Board of Directors (the “Board”) no less than annually.of the Company may determine in its sole discretion to increase, but not decrease the Base Salary. Payments of the Base Salary shall be payable in equal installments in accordance with the Company’s standard payroll practices.

Base Salary. During the Term, the Company will pay the Executive anExecutive’s initial annual base salary of at least $400,shall be $300,000.00 for each twelve-month period of the Term. The Executive’s base salary shall be reviewed for increase (but not decrease)at least annually by the Compensation Committee (the "Committee")Board and may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time is referred to herein as “Base Salary.” The Base Salary shall be payable in a manner that is consistent with the Company’s usual payroll practices for senior executives. Until the Company consummates its Initial (Alternative) Public Offering, the Company may defer up to 20% of the BoardBase Salary for a maximum of Directors (the “Board”) no less than annually.1 year, depending upon cash needs of the Company.

Base Salary. During the Term, the Company will pay the Executive anExecutive’s annual base salaryrate of at least $400,000.00 for each twelve-month period of the Term. The base salary shall be $600,000 (the “Base Salary”). The Company shall pay the Base Salary in periodic installments in accordance with its payroll practices. The Base Salary shall be reviewed for increaseat least annually by the Board, or a committee thereof, and may be increased (but not decrease) by the Compensation Committee (the "Committee") of the Board of Directors (the “Board”) no less than annually.decreased).