Salary and Bonus. Key Employee will be compensated for full-time service (pro-rated for any part-time service) at a base rate of $325,000 per year, less all deductions and withholdings, to be paid in accordance with the Company’s standard payroll practices, as they may be changed from time to time. In addition, Key Employee shall be eligible to receive an annual discretionary bonus with a target (the “Target Bonus”) of forty percent (40%) of Key Employee’s base salary per 12‑month period, based upon a determination by the CEO and, where applicable, the Company’s Board of Directors (the “Board”) of the achievement of objectives to be set from time to time by the Board, provided that Key Employee must remain employed through the payment date in order to earn the bonus. The measurement period for this purpose will end on approximately December 31 of each year. The annual discretionary bonus, if otherwise earned subject to continued employment through the payment date, will be paid as soon as practicable after the achievement of objectives for the measurement period has been determined, but in no event will such bonus be paid after March 15 following the last day of the measurement period. The Company may modify Key Employee’s compensation and benefits from time to time at its sole discretion.

Salary and Bonus. Key Employee will be compensated for full-time service (pro-rated for any part-time service) at a base rate of $275,000 per year, less all deductions and withholdings, to be paid in accordance with the Company’s standard payroll practices, as they may be changed from time to time. In addition, Key Employee shall be eligible to receive an annual discretionary bonus with a target (the “Target Bonus”) of forty percent (40%) of Key Employee’s base salary per 12‑month period (pro-rated for any partial period of less than 12 months), based upon a determination by the CEO and, where applicable, the Company’s Board of Directors (the “Board”) of the achievement of objectives to be set from time to time by the Board, provided that Key Employee must remain employed through the payment date in order to earn the bonus. The measurement period for this purpose will end on approximately December 31 of each year. The annual discretionary bonus, if otherwise earned subject to continued employment through the payment date, will be paid as soon as practicable after the achievement of objectives for the measurement period has been determined, but in no event will such bonus be paid after March 15 following the last day of the measurement period. The Company may modify Key Employee’s compensation and benefits from time to time at its sole discretion.

For purposes of this Agreement, the “Initial Contract Year” will mean the period commencing on the Effective Date and ending on March 14, 2020. A “Contract Year” will mean the Initial Contract Year and any anniversary thereof.

Salary and Bonus. Key Employee will be compensated for full-time service (pro-rated for any part-time service) at a base rate of $350,000 per year, less all deductions and withholdings, to be paid in accordance with the Company’s standard payroll practices, as they may be changed from time to time. In addition, Key Employee shall be eligible to receive an annual discretionary bonus with a target (the “Target Bonus”) of thirty-five percent (35%) of Key Employee’s base salary per 12‑month period (pro-rated for any partial period of less than 12 months), based upon a determination by the CEO and, where applicable, the Company’s Board of Directors (the “Board”) of the achievement of objectives to be set from time to time by the Board, provided that Key Employee must remain employed through the payment date in order to earn the bonus. The measurement period for this purpose will end on approximately December 31 of each year. The annual discretionary bonus, if otherwise earned subject to continued employment through the payment date, will be paid as soon as practicable after the achievement of objectives for the measurement period has been determined, but in no event will such bonus be paid after March 15 following the last day of the measurement period. The Company may modify Key Employee’s compensation and benefits from time to time at its sole discretion.

Salary and Bonus. Key Employee will be compensated for full-time service (pro-rated for any part-time service) at a base rate of $300,000 per year, less all deductions and withholdings, to be paid in accordance with the Company’s standard payroll practices, as they may be changed from time to time. In addition, Key Employee shall be eligible to receive an annual discretionary bonus with a target (the “Target Bonus”) of forty percent (40%) of Key Employee’s base salary per 12‑month period, based upon a determination by the CEO and, where applicable, the Company’s Board of Directors (the “Board”) of the achievement of objectives to be set from time to time by the Board, provided that Key Employee must remain employed through the payment date in order to earn the bonus. The measurement period for this purpose will end on approximately December 31 of each year. The annual discretionary bonus, if otherwise earned subject to continued employment through the payment date, will be paid as soon as practicable after the achievement of objectives for the measurement period has been determined, but in no event will such bonus be paid after March 15 following the last day of the measurement period. The Company may modify Key Employee’s compensation and benefits from time to time at its sole discretion.

During the Term, the Company shall pay to Executive a base salary at the rate of $434,600 per year (the “Base Salary”), subject to adjustments pursuant to the terms of Section 5(b) hereof.

Base Salary. An annual base salary equal to the annual base salary in effect as of the Change in Control. The annual salary shall be payable in installments in accordance with the Company’s usual payroll method.

Base Salary. As compensation while employed hereunder, the Executive, during his faithful performance under this Agreement, shall receive an initial annual base salary of $160,004.00 (the “Base Salary”).

Base Salary. Orion shall pay Executive a Base Salary at the initial annual rate set forth above, payable in regular installments in accordance with Orion’s usual payroll practices. Executive shall be entitled to such increases in Executive’s Base Salary, if any, as may be determined from time to time by Orion.

Base Salary. During the Employment Period, Executive’s annual base salary shall be $375,000 (the “Base Salary”). The Base Salary shall be payable in accordance with the Company’s normal payroll schedule. The Base Salary shall be subject to review by the Board no less frequently than annually and, in any event, shall be increased by no less than five percent (5%) annually. During each calendar quarter, Executive may elect to receive up to twenty-five percent (25%) of the Base Salary during the portion of the quarter covered by the Executive’s election in the form of fully vested shares of Company common stock under the Company equity incentive plan then in effect (the “Plan”), subject to the approval of the Chairman of the Compensation Committee of the Board and the availability of shares thereunder, provided that such election is made at least five (5) business days prior to the beginning of a pay period during the particular quarter and such election and the issuance of shares are in compliance with applicable securities laws. If Executive elects to receive a portion of his Base Salary in common stock in accordance with the foregoing sentence, such issuance of common stock shall be completed at the end of the quarter covered by such election, and the number of shares of common stock so issued shall be based on the average of the daily volume-weighted average prices per share of the Company’s common stock (the “Average VWAP”) during the quarter and rounded down. For the purposes of clarity, Executive may make such election no more than once during any calendar quarter, and such election shall be effective until the earlier of the end of such quarter and the end of the pay period in which notice of termination of such election is received.