Funded Ambrx FTEs Sample Clauses

Funded Ambrx FTEs. (i) Subject to Section 3.4(b), BMS will fund at the FTE Rate, and Ambrx will provide the number of Ambrx FTEs per Research Year during the Research Term to perform activities in support of the Research Program, in accordance with the then-current Research Plan, and in accordance with this Section 3.4. Throughout the Research Term, Ambrx shall assign no less than the number of qualified scientist FTEs in accordance with this Section 3.4 to perform the work set forth in the then-applicable Research Plan. The mixture of skills and levels of such FTEs shall be appropriate to the scientific objectives of the Research Program. For the avoidance of doubt, nothing in this Agreement shall be considered to establish an employment relationship between BMS and the Ambrx FTEs funded by BMS pursuant to this Agreement. (ii) It is expected that during each of the 1st and 2nd Research Years of the Research Term the Budget shall include funding by BMS for three (3) Ambrx FTEs and that the Budget for the 3rd Research Year shall include funding by BMS of two (2) Ambrx FTEs. During the 1st and 2nd Research Years of the Research Term the Budget shall include funding for a minimum of two (2) Ambrx FTEs and for the funding of a minimum of one (1) Ambrx FTE in the 3rd Research Year. There shall be no minimum Ambrx FTEs required to be funded during the 4th Research Year.
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Related to Funded Ambrx FTEs

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