Common use of Payment of Accrued Salary Clause in Contracts

Payment of Accrued Salary. On March 1, 2005, or at such earlier time as the Company's assets shall exceed $500,000, whether from operations or investment, Employee shall be entitled to payment of all salaries accrued in accordance with subparagraph d above; provided, however, that the payment of accrued salary may be further deferred if the Company's board of directors determines that such deferral is in the Company's best interest. All other terms and provisions of the Employment Agreement and Amendment no. 1 dated December 20, 2003, remain unchanged and in full force and effect.