The Company agrees to pay to Executive his current base salary (“Base Salary”). The Compensation Committee of the Board of Directors of the Company may determine in its sole discretion to increase or decrease the Base Salary. The Base Salary shall be payable in equal installments in accordance with the Company’s standard payroll practices. If Executive’s Base Salary is increased or decreased, such adjusted Base Salary will then constitute the Base Salary for all purposes of this Agreement.
base salary