Base Salary. During the Term, the Executive’s initial annual base salary shall be ​. The Executive’s base salary shall be reviewed at least annually by the 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 Base Salary cash amount with stock, depending upon cash needs of the Company.

Base Salary. During the Term, the Executive’s initial annual base salary shall be ​. The Executive’s base salary shall be reviewed at least annually by the 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 Base Salary cash amount with stock, depending upon cash needs of the Company.

Base Salary. During the Term, the Executive’s initial annual base salary shall be ​. The Executive’s base salary shall be reviewed at least annually by the 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 portiondefer up to 20% of the Base Salary cash amount with stock,for a maximum of 1 year, depending upon cash needs of the Company.

Base Salary. During the Term, the Executive’s initial annual base salary shall be ​. The Executive’s base salary shall be reviewed at least annually by the 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 (the “Base Salary.”Salary”). The Base Salary shall be payable in a manner that is consistentaccordance with the Company’s usualnormal payroll practices for senior executives. Untilprocedures in effect from time to time and may be increased, but not decreased, at the Company consummates its Initial (Alternative) Public Offering, the Company may substitute a portiondiscretion of the Base Salary cash amount with stock, depending upon cash needs of the Company.

Base Salary. During the Term, the Executive’s initialCompany will pay the Executive an annual base salary shall beof at least ​. for each twelve-month period of the Term. The Executive’s base salary shall be reviewed at least annuallyfor increase (but not decrease) by the 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 portionCompensation Committee (the "Committee") of the Base Salary cash amount with stock, depending upon cash needsBoard of the Company.Directors (the “Board”) no less than annually.

Base Salary. During the Term, the Executive’Executive’s initial annual rate of base salary shall be ​ (the “Base Salary”). The Executive’s base salaryCompany shall pay the Base Salary in periodic installments in accordance with its payroll practices. The Base Salary shall be reviewed at least annually by the BoardBoard, or a committee thereof, and may be increased in its discretion but, once increased, may(but 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 Base Salary cash amount with stock, depending upon cash needs of the Company.decreased).

Base Salary. During the Term,Employment Period, the Executive’Executive’s initial annual base salary shall be ​. The Executive’s base salary shall (such annual salary, as it may be reviewed at least annuallyadjusted upward by the Board and may be increased in its discretion but, once increased, may not be decreased. The base salary in effect at any given time isdiscretion, being referred to herein as “Base Salary.”the “Base Salary”). The Base Salary shall be payable in a manner that is consistentregular installments in accordance with the Company’Company’s usualgeneral payroll practices for senior executives. Untilpractices, shall be subject to customary withholding and may be increased (but not decreased) at the Company consummates its Initial (Alternative) Public Offering, the Company may substitute a portiondiscretion of the Base Salary cash amount with stock, depending upon cash needs of the Company.Board.

Base Salary. DuringThe Company shall pay the Term, the Executive’s initialExecutive an annual base salary shall be(the “Base Salary”) of ​. during the Fixed Term, payable in accordance with the standard payroll practices of the Company. The Executive’s base salary shall be reviewed at least annually by the 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 withreviewed on or about the Company’s usual payroll practices for senior executives. Until the Company consummates its Initial (Alternative) Public Offering, the Company may substitute a portioncommence­ment of the Base Salary cash amount with stock, depending upon cash needsAt-Will Term and annually thereafter, at which times it shall be subject to increase or decrease at the discretion of the Company.Board.

Base Salary. During the Term,Employment Period, the Executive’Company shall pay the Executive, as compensation for the performance of the Executive’s initialduties and obligations under this Agreement, an annual base salary shall beof ​., payable in a manner that is consistent with the Company’s usual payroll practices for senior executives. The Executive’Executive’s base salary shall be reviewed at least annually by each of the Compensation Committee of the Board or any successor to such committee (the “Committee”) and maythe Board or for adjustment. Such adjustment, if any, shall be increased in itswithin the sole discretion but, once increased, may not be decreased.of the Board. The annual base salary in effect at any given time is referred to herein as “Base“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 Base Salary cash amount with stock, depending upon cash needs of the Company.”

Base Salary. During the Term, the Executive’s initial annualExecutive shall be entitled to a base salary of ​ per month (which annualizes to ​ per year), pro-rated for any 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 Executive’s base salary shall be reviewed at least annually by the Board andBase Salary may be increased but not decreased in itsthe sole 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 Base Salary cash amount with stock, depending upon cash needs of the Company.Board.