FTE Payments. A. In addition to the payment due pursuant to the other paragraphs of this Section 4, PIONEER will pay to MAXYGEN, for the [*******] FTEs set forth in (P)2.1A(b), a non-refundable amount of [*******] per year during [*******] of the Research Term, commencing as of the Effective Date.
FTE Payments. During the Term, Agrigenetics shall pay EPS each year the applicable FTE Rate (as defined below) for each FTE performing work under the Research Plan (excluding [ * ]) who is an employee of EPS, and Agrigenetics shall also pay EPS a one-time payment during the first Contract Year of [ * ] for [ * ]. The FTE Rate shall be deemed to include all salaries, benefits and direct and indirect costs of such FTEs, but shall not be deemed to include any Facility Expenses or capital expenditures, which shall be separately reimbursed by Agrigenetics pursuant to Sections 6.2 and 6.3. All payments made by Agrigenetics to EPS pursuant to this Section 6.1 shall be noncreditable and nonrefundable, except as expressly set forth in Section 6.3 below. The FTE Rate applicable to each year during the Term is set forth below (each period below, a “Contract Year”):
FTE Payments. Based on the budget set forth in each Joint Research Plan, Calico shall pay C4T in arrears for FTEs used by C4T in the preceding Calendar Quarter pursuant to such Joint Research Plan. C4T shall provide to Calico an invoice, on a Joint Research Plan-by-Joint Research Plan basis, setting forth the number of actual FTEs used, the FTE Rate and the amount payable. Calico shall pay such invoices within [***] after receipt of such invoice from C4T.
FTE Payments. 4.4.1 In addition to the other payments due pursuant to this Article 4, DOW will pay to DIVERSA a nonrefundable amount of Three Million Six Hundred Thousand (US$3,600,000) Dollars per year for the 12 FTEs set forth in Section 2.1.1(d) for each of the three years of the Research Term, commencing as of the Effective Date.
FTE Payments. (a) The First FTE Payment shall be made by Lilly to Arena within thirty (30) days after the Effective Date. Any reconciliation of the First FTE Payment shall be made in accordance with Section 2.2(c).
FTE Payments. (i) Estimated FTE Payments. EPS estimates that the FTE payments for each Contract Year of the Term (each, an “Estimated Annual FTE Payment”) will be as follows:
FTE Payments. ALANEX will be paid ******** per year per FTE, adjusted annually by the Consumer Price Index of San Diego, California, USA, over the preceding calendar year starting 1995 (the "FTE Rate"). Payments will be made on a prepaid quarterly basis commencing not later than one (1) month after the Effective Date. The initial number of FTE's will be ********. These will include one (1) FTE for a computational chemist, ********* FTE's for synthetic organic-medicinal chemistry, one (1) FTE for a peptide chemist, and ******* FTE's for pharmacologists to perform receptor ligand binding assays. The FTE payments and the milestone payments (if any) contemplated by Section 7 constitute the entire compensation for the services performed under this Agreement.
FTE Payments. During the Extended Research Program Term and Subsequent Extended Research Program Term (if applicable), Merck shall pay Sutro for the FTEs and material pass-through costs required to carry out the First Research Program activities as set forth in the Research Plan pursuant to Section 2.3 of the Agreement.”
FTE Payments. 4.4.1 In addition to the other payments due pursuant to this Article 4, TDCC shall pay to DIVERSA:
FTE Payments. The “FTE Rate” shall be $[***] per FTE (as adjusted as set forth below) and includes all salary, employee benefits, incidental materials and other expenses including support staff and overhead for or associated with an FTE incurred by such FTEs in performance of the Research Plan, Development Plan or Commercialization Plan (unless a different FTE Rate is specified elsewhere herein *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
