Common use of Annual Base Salary Clause in Contracts

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 400,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company and its subsidiaries and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased but not decreased) from time to time by the Board or the Compensation Committee of the Board (the “Compensation Committee”) (such annual base salary, as it may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of Two Hundred Twenty Thousand Dollars ($304,500 220,000) per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed (and may be adjusted) from time to time by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually).

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 325,000 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEOCOO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. (a) During the Term, the Executive shall receive a be paid an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”)290,000, subject to withholdings and deductions, which any increases that the Chief Executive Officer of the Company shall approve. All amounts paid to the Executive under this Agreement shall be in U.S. dollars. The Executive's base salary shall be paid to Executive in accordance with at least monthly and, at the customary payroll practices and procedures option of the Company, may be paid more frequently. Such Annual Base Salary In the event the Executive's employment is terminated during the Term, the Executive's base salary shall be reviewed by prorated through the CEO, and, as applicable, the Board date of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallytermination.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 257,500 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 380,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the TermTerm hereof, the Company shall pay to Executive shall receive a base salary at established by the rate Company which for the first year of the Term shall be $304,500 per year 350,000.00 (as may be increased from time to time, the “Annual Base Salary”). Executive’s salary will be reviewed at the beginning of each of its fiscal years and, subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures sole discretion of the Company, may be increased for such year (but not decreased). Such All references herein to Annual Base Salary shall be reviewed by the CEO, and, refer to Executive’s base salary as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyso increased.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 600,000 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 [ ] per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 332,500 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEOCOO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 270,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 343,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductionsdeductions and as adjusted for part time status, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 340,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”)) of no less than $300,000, subject to withholdings less applicable withholding and payroll deductions, which shall be paid to Executive payable in accordance with the customary Company’s regular payroll practices and procedures of the Companypractices. Such The Annual Base Salary shall will be reviewed at least annually by the CEO, and, as applicable, Compensation and Management Development Committee of the Board of Directors of the Company (the “BoardCompensation Committee”) and/or the Compensation Committee of the Boardfor increase but not decrease, not less than annuallyprovided that there is no guarantee that any annual review will result in an increase.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”)) of no less than $250,000, subject to withholdings less applicable withholding and payroll deductions, which shall be paid to Executive payable in accordance with the customary Company’s regular payroll practices and procedures of the Companypractices. Such The Annual Base Salary shall will be reviewed at least annually by the CEO, and, as applicable, Compensation and Management Development Committee of the Board of Directors of the Company (the “BoardCompensation Committee”) and/or the Compensation Committee of the Boardfor increase but not decrease, not less than annuallyprovided that there is no guarantee that any annual review will result in an increase.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 400,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, CEO and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 350,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 465,800.00 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 340,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 300,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEOCOO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 400,000.00 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, CEO and/or the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company Rivian Automotive, Inc. (the “BoardParent”) and/or the Compensation Committee of the Board), not less than annually.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”)) of no less than $305,000, subject to withholdings less applicable withholding and payroll deductions, which shall be paid to Executive payable in accordance with the customary Company’s regular payroll practices and procedures of the Companypractices. Such The Annual Base Salary shall will be reviewed at least annually by the CEO, and, as applicable, Compensation and Management Development Committee of the Board of Directors of the Company (the “BoardCompensation Committee”) and/or the Compensation Committee of the Boardfor increase but not decrease, not less than annuallyprovided that there is no guarantee that any annual review will result in an increase.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 850,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed (and may be increased, but not decreased) from time to time (but at least annually) by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or an authorized committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of that is no less than $304,500 675,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive payable in accordance with the customary Company’s normal payroll practices and procedures practices. The rate of the Company. Such Annual Base Salary shall be reviewed by the CEOCompensation Committee periodically, andat least annually, as applicable, the Board and any increases in Annual Base Salary will be based upon performance and consideration of Directors competitive market practice with any decrease occurring only if such a decrease also applies proportionately to all Named Executive Officers of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.Company

Annual Base Salary. During The Corporation shall pay the Term, Executive shall receive a base annual salary at (the rate of $304,500 per year (as may be increased from time to time, the “Annual "Base Salary”") which initially shall be TWO HUNDRED AND TWENTY-FIVE THOUSAND DOLLARS US (US$225,000), subject to withholdings applicable taxable withholding and deductions, which shall be paid to Executive deductions and payable in accordance with the customary Corporation's standard payroll practices and procedures of the Companypractice for executive officers. Such Annual The Base Salary shall be reviewed annually by the CEO, and, as applicable, Board or a committee of the Board of Directors of and may be increased in accordance with the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCorporation's compensation policy.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 300,000 per year year, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (as and may be increased adjusted) from time to time by the Board of Directors of the Company or an authorized committee thereof (in either case, the “Board” and, such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 425,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed (and may be increased, but not decreased) from time to time by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee or an authorized committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 200,000 per year annum, which shall be paid in accordance with the customary payroll practices of the Company and its subsidiaries and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be increased but not decreased) from time to time by the Board or the Compensation Committee of the Parent Board (the “Compensation Committee”) (such annual base salary, as it may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, The Executive shall receive a base salary at the a rate of $304,500 300,000 per year annum, which shall be paid in accordance with the customary compensation practices or policies of the Company (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary may be increased, but not decreased, from time to time by the Board. Paydays are expected to be every other Friday (normally 26 pay days a year). Executive’s paycheck shall be reviewed by delivered to Executive or made available to Executive on such dates. If a payday falls on a holiday or weekend, Executive may pick up his paycheck on the CEO, and, as applicable, weekday immediately preceding the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallypayday.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 [______] per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEOBoard, and, as applicable, the Board of Directors of the Company (the “Board”) and and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at in the rate amount of $304,500 per year 325,000.00 less applicable deductions under federal, state and local laws (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Board, in its discretion, may at any time change the amount of the Annual Base Salary to such greater amount as it may deem appropriate, and the term “Annual Base Salary,” as used in this Agreement, shall refer to the Annual Base Salary as it may so be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallychanged.

Annual Base Salary. During the Term, the Company will pay to the ------------------ Executive shall receive a an annual base salary at the rate of not less than US $304,500 per year (as 202,000, which annual base salary may be increased (but not decreased) from time to timetime by the Board (or a duly authorized committee thereof) in its sole discretion, payable at the “Annual Base Salary”), subject to withholdings times and deductions, which shall be paid to Executive in accordance the manner consistent with the customary payroll practices and procedures Company's general policies regarding compensation of executive employees. The Board may from time to time authorize such additional compensation to the Company. Such Annual Base Salary shall be reviewed by the CEOExecutive, andin cash or in property, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallymay determine in its sole discretion to be appropriate.

Annual Base Salary. During The Company shall pay to the Term, Executive shall receive a executive an annual base salary (the "Base Salary") at a rate not less than $200,000, such salary to be paid in conformity with the rate of $304,500 per year (as may be increased Company's payroll policies relating to its senior executive officers. The Base Salary may, from time to time, be increased, however, if the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Executive's Base Salary is increased, it shall not thereafter be reviewed by decreased during the CEO, and, as applicable, the Board of Directors of the Company Term. (the “Board”) and/or the Compensation Committee of the Board, not less than annually.b)

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 [________]2 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 425,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, Board (“Compensation Committee”) not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 410,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductionsdeductions and as adjusted for part time status, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a an annual base salary at the rate of $304,500 per year (as may be increased from time 148,240.00 payable according to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices of Company and procedures subject to all required withholding taxes. The CEO, with the approval of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the ’s Board of Directors Compensation Committee, may increase this annual base salary upon relevant circumstances. Executive’s base salary will be reviewed at least annually. Any increase in annual base salary awarded by the CEO will constitute a new annual base salary for the purpose of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyAgreement.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 387,400 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 404,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During For all of the Termemployment rendered by Executive to the Company and its subsidiaries, the Company will pay Executive shall receive a an annual base salary at the rate of $304,500 per year 292,500.00 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall . Executive’s Annual Base Salary will be paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors practice of the Company (and its subsidiaries in effect from time to time for the “Board”) and/or the Compensation Committee payment of salaries to officers of the BoardCompany and its subsidiaries, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term. Any increase or decrease in the amount will henceforth be the Annual Base Salary.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of $304,500 650,000 per year annum through December 31, 2016, and increasing to $700,000 on January 1, 2017 (as may be increased from time to timeapplicable, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Annual Base Salary shall be reviewed (and may be adjusted upward) at least annually by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 315,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at shall be One Million Dollars ($1,000,000), payable in accordance with the rate of $304,500 per year (as Company’s normal payroll practices for its executive officers. The annual base salary may be increased from time to time, time at the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures discretion of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, Compensation Committee of the Board of Directors of the Company (or any other committee authorized by the Board of Directors. The annual base salary may not be decreased except where other executive officers of the Company are required to accept a similar reduction. The annual base salary as in effect from time to time shall be referred to as the “BoardAnnual Base Salary.”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 350,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 218,212 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed (and may be increased, but may not be decreased) from time to time by the CEO, and, as applicable, the Board of Directors of the Company Parent or an authorized committee of such Board (in either case, the “Board”) and/or the Compensation Committee of the Board), not less than annuallysuch Board review to occur at least once per calendar year.

Annual Base Salary. During the TermTerm of Employment, the Executive shall receive a an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive ) payable in accordance with the customary Company’s normal payroll practices and procedures of no less than US$400,000. The Board shall review the Company. Such Annual Executive’s Base Salary shall be reviewed by annually, for the CEOfirst time effective from October 1, and2008, as applicableand may, at its sole discretion, increase (but not decrease) the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyExecutive’s Base Salary.

Annual Base Salary. During the Term, the Company will pay to the Executive shall receive a an annual base salary at the rate of not less than US $304,500 per year (as 250,000, which annual base salary may be increased (but not decreased) from time to timetime by the Board (or a duly authorized committee thereof) in its sole discretion, payable at the “Annual Base Salary”), subject to withholdings times and deductions, which shall be paid to Executive in accordance the manner consistent with the customary payroll practices and procedures Company's general policies regarding compensation of executive employees. The Board may from time to time authorize such additional compensation to the Company. Such Annual Base Salary shall be reviewed by the CEOExecutive, andin cash or in property, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallymay determine in its sole discretion to be appropriate.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 415,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of four hundred sixty thousand dollars ($304,500 460,000) per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermEmployment Period, Executive shall receive a base salary be compensated at the an annual rate of $304,500 per year 260,000 (as may be increased from time to time, the “"Annual Base Salary”"), subject to withholdings and deductions, which shall be paid to Executive payable in accordance with the customary normal payroll practices and procedures of the Company. Such Executive's rate of Annual Base Salary shall be periodically reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the BoardBoard (the "Compensation Committee") for increase, not less than annuallybut in no event will it be decreased.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of that is no less than $304,500 850,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive payable in accordance with the customary Company’s normal payroll practices and procedures practices. The rate of the Company. Such Annual Base Salary shall be reviewed by the CEOCompensation Committee periodically, andand at least annually, as applicablebeginning on November 1, the Board 2020, and any increases in Annual Base Salary will be based upon performance and consideration of Directors competitive market practice with any decrease occurring only if such a decrease also applies proportionately to all Named Executive Officers of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCompany.

Annual Base Salary. During For all of the Termemployment rendered by Executive to the Company and its subsidiaries, the Company will pay Executive shall receive a an annual base salary at the rate of $304,500 per year 427,500.00 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall . Executive’s Annual Base Salary will be paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors practice of the Company (and its subsidiaries in effect from time to time for the “Board”) and/or the Compensation Committee payment of salaries to officers of the BoardCompany and its subsidiaries, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term. Any increase or decrease in the amount will henceforth be the Annual Base Salary.

Annual Base Salary. (a) During the Term, the Executive shall receive a be paid an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”)US$310,000, subject to withholdings and deductions, which any increases that the Chief Executive of the Company shall approve. All amounts paid to the Executive under this Agreement shall be in U.S. dollars. The Executive's base salary shall be paid to Executive in accordance with at least monthly and, at the customary payroll practices and procedures option of the Company, may be paid more frequently. Such Annual Base Salary In the event the Executive's employment is terminated during the Term, the Executive's base salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyprorated for such partial year.

Annual Base Salary. During the TermCommencing on October 19, 2015 Company shall provide Executive shall receive with a base gross annual salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions325,000.00, which shall be paid in equal bi-monthly installments. Increases may be made to Executive Executive’s base salary in accordance with the customary payroll practices and procedures sole discretion of Company, but no decreases in base salary may be made in Executive’s base salary without the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board written consent of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyExecutive.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 300,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 291,748 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”)) of no less than $900,000, subject to withholdings less applicable withholding and payroll deductions, which shall be paid to Executive payable in accordance with the customary Company’s regular payroll practices and procedures of the Companypractices. Such The Annual Base Salary shall will be reviewed by the CEO, and, as applicable, Compensation and Management Development Committee of the Board of Directors of the Company (the “BoardCompensation Committee”) and/or the Compensation Committee of the Boardfor increase but not decrease, not less than annuallyprovided that there is no guarantee that any annual review will result in an increase.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 340,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the Term, The Executive shall receive be paid a base salary (“Annual Base Salary”) at the rate of $304,500 274,000 per year (annum. The Executive’s Annual Base Salary will be paid in accordance with the Company’s regular payroll practices applicable to its executive officers, as may be increased established from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures . The rate of the Company. Such Annual Base Salary shall be reviewed at least annually by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee CSR America, after consideration of the Boardrecommendations of the Chief Executive Officer, and may be increased, but not less than annuallydecreased, on the basis of such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 320,000 per year annum (as may be increased from time to time, the “"Annual Base Salary”"), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed and may be adjusted from time to time by the CEO, and, as applicable, the Board board of Directors directors of the Company or an authorized committee thereof, (in any case, the “"Board”) and/or "), provided that the Compensation Committee of the Board, Annual Base Salary may not less than annuallybe decreased without Executive's consent.

Annual Base Salary. During the Term, The Executive shall receive a an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “Annual Base Salary”)) of $650,000, subject to withholdings and deductionseffective March 31, which shall be paid to Executive 2003. Any increase in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by not serve to limit or reduce any other obligation to the CEOExecutive under this Agreement, and, and the term Annual Base Salary as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyutilized in this Agreement shall refer to Annual Base Salary as so increased.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 561,688 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, Board (“Compensation Committee”) not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 412,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, The Executive shall will initially receive a an annual base salary at the rate of $304,500 per year (as may be increased from time to time, the “"Annual Base Salary”") of three hundred and eighty thousand dollars ($380,000.00), subject to withholdings and deductions, which shall be paid to Executive in accordance with equal or substantially equal semi-monthly installments. During the customary payroll practices and procedures of Employment Period, the Company. Such Annual Base Salary payable to the Executive shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation and Organization Committee at least once annually and shall be increased at the discretion of the Board or the Compensation and Organization Committee of the Board, Board but shall not less than annuallybe reduced.

Annual Base Salary. During For all of the Termemployment rendered by Executive to the Company and its subsidiaries, the Company will pay Executive shall receive a an annual base salary at the rate of $304,500 per year 240,000.00 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall . Executive’s Annual Base Salary will be paid to Executive payable in equal installments in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors practice of the Company (and its subsidiaries in effect from time to time for the “Board”) and/or the Compensation Committee payment of salaries to officers of the BoardCompany and its subsidiaries, not but in no event less than annuallybi-monthly, and may be increased or decreased during the Term. Any increase or decrease in the amount will henceforth be the Annual Base Salary.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 324,450 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 295,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at shall be Five Hundred Seventy-Five Thousand Dollars ($575,000), payable in accordance with the rate of $304,500 per year (as Company’s normal payroll practices for its executive officers. The annual base salary may be increased from time to time, time at the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures discretion of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, Compensation Committee of the Board of Directors of the Company (or any other committee authorized by the Board of Directors. The annual base salary may not be decreased except where other executive officers of the Company are required to accept a similar reduction. The annual base salary as in effect from time to time shall be referred to as the “BoardAnnual Base Salary.”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 per year ___________ (as may be increased from time to time, the (“Annual Base Salary”), which is subject to withholdings and deductionsdeductions and pro-rated for any partial employment during the Term, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the BoardBoard (the “Committee”), not less than annually.

Annual Base Salary. During the Term, The Executive shall receive be paid a base salary (“Annual Base Salary”) at the rate of $304,500 220,000 per year (annum. The Executive’s Annual Base Salary will be paid in accordance with the Company’s regular payroll practices applicable to its executive officers, as may be increased established from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures . The rate of the Company. Such Annual Base Salary shall be reviewed at least annually by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee CSR America, after consideration of the Boardrecommendations of the Chief Executive Officer, and may be increased, but not less than annuallydecreased, on the basis of such review.

Annual Base Salary. During The Company shall pay the Term, Executive shall receive a base salary at the a rate of not less than $304,500 160,000 per year annum (“Base Salary”), payable in accordance with the Company’s regular payroll practices from time to time in effect. The Board, in its sole discretion, may increase the Base Salary on an annual basis. The Base Salary shall not be reduced, and the term Base Salary shall refer hereafter to the Base Salary as it may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Company shall pay to the Executive shall receive a an annual base salary in installments, not less often than monthly, at the an annual rate of not less than $304,500 per year 275,000 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or or the Compensation Committee of the BoardBoard (the “Committee”) at least annually for increase, not less than annuallyand the Annual Base Salary, as and to the extent so adjusted, shall be the “Annual Base Salary” for all purposes of this Agreement.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 390,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the CompanyCompany and pro-rated for any partial employment with the Company during the calendar year. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Boarda committee thereof, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 530,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductionsdeductions and pro-rated for any partial employment during the Term, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the BoardBoard (the “Committee”), not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 309,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 575,000 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 380,625 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, The Company shall pay Executive shall receive a base an annual salary at the rate of $304,500 275,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which . The Base Salary shall be paid to Executive in accordance with the customary Company's regularly established payroll practices and practice. During the Employment Period, Executive's Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated executives and may be adjusted in the sole discretion of the Company. Such Annual ; provided, however, that the Base Salary shall not be reviewed by reduced below the CEO, and, as applicable, minimum amount set forth above without the Board mutual agreement of Directors of Executive and the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCompany.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 375,000.00 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 330,000.00 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, The Executive shall receive a be paid an annual base salary at the rate of $304,500 per year 165,000 (as such may be increased amended from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with . The Company may increase the customary payroll practices and procedures of Annual Base Salary as determined by the CompanyBoard. Such The Annual Base Salary shall be reviewed by payable in accordance with the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyCompany’s normal payroll practices from time to time.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of four hundred thirty thousand dollars ($304,500 430,000) per year annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to annual review and possible increase (but not decrease) as may be increased from time to time, determined by the Board in its sole discretion (the “Annual Base Salary”). Effective as of January 1, 2018, subject to withholdings and deductionsthe completion of ADT Inc.’s initial public offering, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Executive’s Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company increased to four hundred forty-one thousand dollars (the “Board”) and/or the Compensation Committee of the Board, not less than annually$441,000).

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 460,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, and as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board), not less than annually, and may be increased, but not decreased, in connection with any such review.

Annual Base Salary. During the TermTerm hereof, the Company shall pay to Executive shall receive a base salary at established by the rate Company which for the first year of the Term shall be $304,500 per year 220,000.00 (as may be increased from time to time, the “Annual Base Salary”). Executive’s salary will be reviewed at the beginning of each of its fiscal years and, subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures sole discretion of the Company, may be increased for such year (but not decreased). Such All references herein to Annual Base Salary shall be reviewed by the CEO, and, refer to Executive’s base salary as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallyso increased.

Annual Base Salary. During the TermTerm of Employment, Executive shall receive a base salary at the rate of $304,500 455,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During The Company shall pay the Term, Executive shall receive a an annual rate of base salary at the rate of $304,500 per year (as 270,000.00 in periodic installments in accordance with the Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed annually by the Board and the President/Chief Executive Officer of Holdings and may be increased (but not decreased) as determined by the Board and the President/Chief Executive Officer of Holdings. The Executive’s annual base salary, as in effect from time to time, the is hereinafter referred to as “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Executive shall receive a base salary at the a rate of that is no less than $304,500 380,000 per year annum (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive payable in accordance with the customary Company’s normal payroll practices and procedures practices. The rate of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors Compensation Committee on or prior to each anniversary of the Company (Effective Date during the “Board”) and/or the Compensation Committee of the BoardTerm and may be increased, but not less than annuallydecreased, upon such review.

Annual Base Salary. During the Term, Executive shall receive a base salary at the a rate of $304,500 400,000 per year annum (as may be increased from time to time, the “"Annual Base Salary”"), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed and may be adjusted from time to time by the CEO, and, as applicable, the Board board of Directors directors of the Company or an authorized committee thereof (in any case, the “Board”) and/or ), provided that the Compensation Committee of the Board, Annual Base Salary may not less than annuallybe decreased without Executive's consent.”

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 500,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 400,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermAs of January 1, 2022, Executive shall receive a base salary at the rate of $304,500 34,666.66 per year month ($416,000 on an annualized basis) (as may be increased adjusted and in effect from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, Board from time to time and is subject to such adjustments as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of determined necessary or appropriate by the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a Executive’s annual base salary at shall be Four Hundred Sixty Thousand Dollars ($460,000), payable in accordance with the rate of $304,500 per year (as Company’s normal payroll practices for its executive officers. The annual base salary may be increased from time to time, time at the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures discretion of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, Compensation Committee of the Board of Directors of the Company (or any other committee authorized by the Board of Directors. The annual base salary may not be decreased except where other executive officers of the Company are required to accept a similar reduction. The annual base salary as in effect from time to time shall be referred to as the “BoardAnnual Base Salary.”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, the Company shall pay the Executive shall receive a an annual base salary at the rate of $304,500 per year 350,000 (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the its Compensation Committee of the BoardCommittee, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 450,000 per year (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the Term, Executive shall receive a base salary at the rate of $304,500 430,000 per year (as may be increased from time to time, the “Annual Base Salary”), . The Annual Base Salary shall be subject to withholdings and deductions, which shall be deductions and paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annually.

Annual Base Salary. During the TermEmployment Period, the Executive shall receive a an annual base salary at in the rate amount of $304,500 per year 275,000.00 less applicable deductions under federal, state and local laws (as may be increased from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such The Board, in its discretion, may at any time change the amount of the Annual Base Salary to such greater amount as it may deem appropriate, and the term “Annual Base Salary,” as used in this Agreement, shall refer to the Annual Base Salary as it may so be reviewed by the CEO, and, as applicable, the Board of Directors of the Company (the “Board”) and/or the Compensation Committee of the Board, not less than annuallychanged.

Annual Base Salary. During the Term, The Executive shall receive an annual base salary during the term of this Agreement at a rate of not less than Three Hundred Twenty Five Thousand Dollars ($325,000), payable in installments consistent with the Company’s normal payroll schedule. The Board or its Compensation Committee shall review this base salary at annual intervals, and may adjust the rate of $304,500 per year (as may be increased Executive’s annual base salary from time to time, the “Annual Base Salary”), subject to withholdings and deductions, which shall be paid to Executive in accordance with the customary payroll practices and procedures of the Company. Such Annual Base Salary shall be reviewed by the CEO, and, time as applicable, the Board of Directors of the Company (the “Board”) and/or the or its Compensation Committee of the Board, not less than annuallydeems to be appropriate.