Common use of FTE Records and Calculations Clause in Contracts

FTE Records and Calculations. Each Party shall record its FTE effort for the Commercialization of each Collaboration Product to the extent that such FTE efforts are included in Commercialization Costs that are, or may in the future be, shared under this Agreement, and shall report such FTE effort to the JCC, on a Calendar Quarterly basis, in each case in a manner that allocates such FTE effort to the extent practicable to each applicable Collaboration Product. Except to the extent provided herein, each Party shall calculate and maintain records of FTE effort incurred by it in the same manner as used for other products commercialized by such Party in accordance with a methodology approved by the JSC. The JFC shall facilitate any reporting hereunder.

FTE Records and Calculations. Each Party shall record its FTE effort for the Commercialization Development of each Collaboration Product to the extent that such FTE efforts are included in Commercialization Development Costs that are, or may in the future be, shared under this Agreement, and shall report such FTE effort to the JCCJDC, on a Calendar Quarterly basis, in each case in a manner that allocates such FTE effort to the extent practicable to each applicable Collaboration Product. Except to the extent provided herein, each Party shall calculate and maintain records of FTE effort incurred by it in the same manner as used for other products commercialized developed by such Party in accordance with a methodology approved by the JSC. The JFC shall facilitate any reporting hereunder.