Sales FTE definition

Sales FTE means a Sales Representative FTE.
View Source
Sales FTE means a full-time equivalent (based on a full-time equivalent year of 2,080 hours, inclusive of vacation time and holidays) field-based pharmaceutical sales representative, district sales manager, or sales trainer who promotes a Co-Promotion Collaboration Product in the United States during the Term and who satisfies each of the following criteria:
View Source
Sales FTE means full time equivalent of a sales representative. By way of example, < * * * > FTEs can mean < * * * > sales representatives who are 100% dedicated to the project or < * * * > sales representatives who are each 30% dedicated to the project. A sales representative who is less than 20% dedicated shall not be counted.
View Source

Examples of Sales FTE in a sentence

  • The Sales FTE rate shall be adjusted annually by the Executive Committee in connection with the approval of the Budget and shall be [ * ]; provided, however, that in the event the Executive Committee is unable to adjust the Sales FTE rate by [ * ] of the calendar year preceding the adjustment year due to any deadlock of the Executive Committee, the Sales FTE rate shall be adjusted to reflect any [ * ].

  • In each case the Onyx sales force fails to meet [ * ] of the [ * ] for a [ * ], Onyx shall [ * ] of the applicable Sales FTE rate for such year.

  • The Sales FTE rate shall be adjusted annually by the Executive Committee in connection with the approval of the Budget and shall be the [ * ]; provided, however, that in the event the Executive Committee is unable to adjust the Sales FTE rate by [ * ] of the calendar year preceding the adjustment year due to any deadlock of the Executive Committee, the Sales FTE rate shall be adjusted to reflect any [ * ].

  • Each Sales FTE of Bayer shall be an employee of Bayer and shall remain under the direct and exclusive authority, supervision and control of Bayer at all times during the Term.

  • Each Sales FTE of Onyx shall be an employee of Onyx and shall remain under the direct and exclusive authority, supervision and control of Onyx at all times during the Term.