FTE Fees definition

FTE Fees has the meaning set forth in Section 6.1.2.
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FTE Fees has the meaning set forth in Section 10.1.
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FTE Fees means amounts to be paid to Parent, Company, Surviving Corporation, or any Affiliate or designee of any of them, under the applicable Existing Collaboration (or any amendment thereto or under any agreement that may supersede or replace such Existing Collaboration), to fund the costs of the services of an employee or consultant performed under such agreement, at the fully burdened rate, not to exceed three hundred thousand dollars ($300,000) per FTE per year for FTEs actually devoted to performing such services.
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Examples of FTE Fees in a sentence

  • The FTE Fees and the Supply Fees are collectively referred to herein as (the “Research Fees”).

  • Licensee shall pay to SGI for such assistance an amount equal to the FTE Fees in accordance with Section 6.1.2 for SGI employees providing such assistance.

  • The FTE Fees and the Supply Fees are collectively referred to herein as the “Research Fees”.

  • The FTE Fees and the Supply Fees are collectively referred to herein as the “Development Support Fees”.

  • Licensee shall pay to MTI for such assistance under this Article 4 an amount equal to the FTE Fees in accordance with Section 7.2 for MTI employees to the extent reasonably required to provide such assistance, including as directed by Licensee.

  • Commencing upon the first (1st) anniversary of the Effective Date and upon every anniversary thereafter, the FTE Fees will be adjusted in accordance with the [ * ].

  • During the Development by Licensee, Licensor shall provide reasonable assistance to Licensee (for example in respect of producing a reagent, the prototype samples, technology transfer and providing any other necessary assistance as reasonably requested by Licensee during Licensee’s Development of such new product or Line Extension in question), provided that Licensee reimburses Licensor with all its External Expenses and its FTE Fees with respect to such assistance.

  • Licensee shall pay to MTI for such assistance set forth in clauses (a) and (b) above, an amount equal to the FTE Fees in accordance with Section 7.2 for MTI employees to the extent reasonably required to provide such assistance, including as directed by Licensee.

  • Commencing upon the [***] of the Effective Date (the “[***]”) and upon every [***] thereafter, the rate applicable to calculating the FTE Fees will [***] by [***] per FTE.

  • Commencing upon the [***] of the Effective Date (the “[***]”) and upon [***] thereafter, the FTE Fees will [***] by [***] per FTE per year; provided, that, notwithstanding the foregoing, the Parties hereby agree that Licensee shall pay no consideration to SGI in connection with any preparation of ADCs or related characterization work performed by SGI under the Initial Agreements.


More Definitions of FTE Fees

FTE Fees has the meaning set forth in Section 7.6 of the Agreement.
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Related to FTE Fees

  • FTE Costs means the FTE Rate multiplied by the applicable number of FTEs who perform a specified activity pursuant to this Agreement.

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Program Costs means all necessary and incidental costs of providing program services.

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.