FTE Month definition

FTE Month means the amount of work equivalent to one twelfth (1/12) of an FTE.
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FTE Month means the efforts of one (1) FTE for one (1) calendar month.
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FTE Month means [***] hours of work on a Project SOW, on a monthly basis, by one or more Intermolecular employees and/or Permitted Subcontractors. (d)“Production Threshold” shall mean, with respect to DRAM wafers that include Deliverables that satisfy one or more Triggers as specified in a Project SOW, the commercial production by Micron of more than [***] such production wafers [***]for at [***] [***] [***] (but excluding any DRAM wafers manufactured in Micron's [***], or which are [***] or [***]), combined with the acceptance by Micron of [***] for such wafers reflecting total [***] of at least [***] [***] [***]. (e)“Project Category” shall have the meaning as set forth in Section 4.1. (f)“Project Manager” shall have the meaning as set forth in Section 6.1. (g)“[***] Threshold” shall have the meaning as set forth in Section 5.4(a). (h)“Trigger(s)” shall mean one or more technical criteria for Deliverables, set forth in a Project SOW, each of which must be satisfied by Intermolecular, among other things, in order to give rise to an [***]of [***] to [***] a corresponding part, or all, of the related [***] Fee to Intermolecular.
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More Definitions of FTE Month

FTE Month means the amount of work equivalent to 1/12 of an FTE.
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FTE Month means the amount of work equivalent to 1/12 of an
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FTE Month means [***] hours of work on a Project SOW, on a monthly basis, by one or more Intermolecular employees and/or Permitted Subcontractors.
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Related to FTE Month

  • Twelve-Month Period means a period of twelve consecutive months determined on a rolling basis where a new twelve month period begins on the first day of each calendar month.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Month means calendar month.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.