Common use of FTE Records and Calculations Clause in Contracts

FTE Records and Calculations. Each Party shall record its FTE effort for the Development of each Collaboration Product to the extent that such FTE efforts are included in Development Costs that are, or may in the future be, shared under this Agreement, and shall report such FTE effort to the JDC, 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 developed 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 Development Commercialization of each Collaboration Product to the extent that such FTE efforts are included in Development Commercialization Costs that are, or may in the future be, shared under this Agreement, and shall report such FTE effort to the JDCJCC, 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 developed commercialized by such Party in accordance with a methodology approved by the JSC. The JFC shall facilitate any reporting hereunder.