 What is the Base Annual Salary?
Executive shall receive a Base Annual Salary annually of $320,000 payable in accordance with the Employer’s customary payroll practices. The annual salary to be paid by the Employer to Executive shall be reviewed at least annually and may from time to time be increased (but may not be decreased) any such increased amount shall then be referred to as “Base Annual Salary” for the purposes of this Agreement.
320,000