Common use of FTE Records and Calculations Clause in Contracts

FTE Records and Calculations. Each Party shall record and account for its FTE effort to the extent that such FTE efforts are included in Development Costs or costs incurred in respect of any Research Plan that are shared under this Agreement. 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.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Immunocore LTD), License and Collaboration Agreement (Immunocore LTD)

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FTE Records and Calculations. Each Party shall record and account for its FTE effort to the extent that such FTE efforts are included in Development Costs or costs incurred Allowable Expenses that are, or may in respect of any Research Plan that are the future be, shared under this Agreement. Each Party shall calculate and maintain records of FTE effort incurred by it in the same manner as used for other products Developed developed by such Party, unless other procedures are set forth in the Co-Promotion Agreement, in which case such other procedures shall be applied equally to both Parties to the extent set forth in the Co-Promotion Agreement.

Appears in 1 contract

Samples: Collaboration and License Agreement (Xencor Inc)

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FTE Records and Calculations. Each Party shall record and account for its FTE effort with respect to Joint Products in the Territory to the extent that such FTE efforts are included in Development Costs or costs incurred in respect of any Research Plan that are shared under this Agreement. Each Party shall calculate and maintain records of relating to FTE effort efforts incurred by it in a manner consistent with the same manner provisions found within this Agreement and generally as used for other products Developed developed by such Party.

Appears in 1 contract

Samples: Collaboration Agreement (Epizyme, Inc.)

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