Common use of FTE Rate Clause in Contracts

FTE Rate. In preparing the Development Budget and determining Development Costs, each party will use an FTE rate for such party's development personnel mutually agreed to by the parties based on the then prevailing FTE rate for such party.

Appears in 4 contracts

Sources: Collaboration Agreement (Neogenesis Pharmaceuticals Inc), Confidentiality Agreement (Neogenesis Pharmaceuticals Inc), Confidential Treatment Agreement (Neogenesis Pharmaceuticals Inc)