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4 Regular. Compens2tion. Yor all tne services to be rendered by EMPLOYEE in any cepacity hereunder, including services as an officer, member of the EMPLOYER'S Board of Directors, or any other duties assigned to him by the Board or Directors, EMPL OYER’? 2h ee pEE . shall pay EMPLOYEE a salary of -$. ' per in; fi, payable at the end of each month during the term of this Agreement. The EMPLOYER and EMPLOYEE may, from tire to time, reflect increases or decreases in EMPLOYEE'S Aty salary as may be mutually agreed upon: ‘by entering any such chenge upon the "Schedule of Compensation" "5 attached hereto as Exhibit "A" ang made a & part hereof. If a change in compensation is entered on said Schedule and duly signed by the proper officers of EMPLOYER and by EMPLOYEE, said entry shall constitute an amendment. to tais Employment Agree- ment as of the date. of said entry and she ell supersede the monthly salary provided for in the immediately prececing paragraph of this i Agreement and.-any other change or changes in monthly compensation a previously entered on said Schedule .: It is understood and agreed, however, that in the event a cae ee ee deduction shall be disallowed for Federal ‘ané/or State income tax - purposes of all or any part of the compensstion provided for in Paragraph 4 or Paragraph 5 of this Agreement and EMPLOYER snall be required to pay a deficiency on account of such disallowance, EMPLOYEE shall refund to the EMPLOYER an amount equal to the disallowed portion of such compensation. Such disallowed amount - Shall be paid to EMPLOYER within one (1) year after the date on which EMPLOYER paid the deficiency with respect to such