FTE Rate means [***].
FTE Rate means $[*] per FTE per year.
FTE Rate means [***] per one (1) full FTE per full twelve (12) month Calendar Year; provided, that, starting [***], [***] such rate shall adjust [***] of each Calendar Year by an amount equal to the change, if any, in [***]. Notwithstanding the foregoing for any Calendar Year during the Term that is less than a full year, the above referenced rate shall be proportionately reduced to reflect such portion of such full Calendar Year.
Examples of FTE Rate in a sentence
In addition, PlatformCo shall provide written or verbal answers to Novo Nordisk’s reasonable questions relating to the transferred PlatformCo Licensed Know-How and shall use reasonable efforts to make available PlatformCo’s personnel who are knowledgeable about the Program for such purposes, provided that, Novo Nordisk shall reimburse PlatformCo at the then-current FTE Rate for such assistance.
More Definitions of FTE Rate
FTE Rate means $[***] for the Calendar Year 2012. The FTE Rate will be increased each Calendar Year thereafter by the [***].
FTE Rate means a rate of US$[***] per FTE per year, to be pro-rated on an hourly basis of US$[***] per FTE per hour, based on [***] hours per year for an FTE and is subject to adjustments [***]. For clarity, the FTE rate of $[***] per FTE per year described above will be [***].
FTE Rate means the amount of [***] for an FTE per Calendar Year.
FTE Rate means a rate of *** per FTE per Calendar Year (pro-rated for the period beginning on the Effective Date and ending at the end of the first Calendar Year) for personnel engaged in Development and Manufacturing activities. The FTE Rate is “fully burdened” and will cover ***.
FTE Rate means $[* * *] for employees of each of Acceleron and its Affiliates and Celgene and its Affiliates, which rate may be adjusted annually by each Party based on changes in the Consumer Price Index (as quoted by the U.S. Department of Labor, Bureau of Labor Statistics).
FTE Rate means the yearly rate at which BMS will fund Ambrx FTEs during the Research Term, which rate is specified in Section 3.4(b).
FTE Rate means the rate of [***] per one full FTE per Calendar Year, which rate shall be prorated on a daily basis as necessary. [***].