Examples of Annual FTE Rate in a sentence
The Annual FTE Rate will be [ * ] per year until the second anniversary of the Effective Date.
From the Effective Date until the end of the Research Term, Exelixis will invoice the LLC (and send a copy of the first such invoice to Bayer) for and the LLC will make within [ * ] thereafter quarterly advance payments to Exelixis sufficient to pay for the number of Specified FTEs (as defined in Section 2.5(a)) then performing Research under this Agreement multiplied by the then current Annual FTE Rate.
Functional Area Annual FTE Rate For Services associated with batch production costs for any [***] batches, XOMA will be reimbursed a flat fee as described in the table in Appendix A [***].
MERCK will pay ARENA the Annual FTE Rate in four equal Calendar Quarter installments, each installment equal to one-quarter of the Annual FTE Rate multiplied by the number of FTEs for the Calendar Quarter.
The number of FTEs to be supported during such [ * ] period shall be mutually agreed by Bayer and Exelixis, and Bayer shall pay Exelixis for such work at the Annual FTE Rate then in effect.