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FTE Rate definition

FTE Rate means [***].
FTE Rate means $[*] per FTE per year.
FTE Rate means a rate of [***] per FTE per year, to be pro-rated on an hourly basis of [***] per FTE per hour.

Examples of FTE Rate in a sentence

  • Unless the Parties mutually agree on a fixed fee for such transfer assistance, Company shall reimburse all reasonable internal costs calculated at the FTE Rate and out-of-pocket costs incurred by ARS to conduct such activities under this Section 6.4.

  • If applicable, Licensor shall invoice Novartis for any assistance provided at the FTE Rate, and Novartis shall pay all such undisputed amounts within [***] after receipt of an applicable invoice from Licensor.

  • Any additional assistance in excess of [***] shall be provided by Licensor at the FTE Rate, and Novartis shall reimburse Licensor for all Out-of-Pocket costs reasonably incurred by Licensor in connection with the provision of such assistance.

  • Company shall reimburse all reasonable internal costs calculated at the FTE Rate and out-of-pocket costs incurred by ARS to conduct such activities under this Section 6.2.


More Definitions of FTE Rate

FTE Rate means [***] per FTE.
FTE Rate means [***] per one (1) full FTE per full twelve (12) month Calendar Year; provided, that, starting [***], [***] such rate shall adjust [***] of each Calendar Year by an amount equal to the change, if any, in [***]. Notwithstanding the foregoing for any Calendar Year during the Term that is less than a full year, the above referenced rate shall be proportionately reduced to reflect such portion of such full Calendar Year.
FTE Rate means $[***] for the Calendar Year 2012. The FTE Rate will be increased each Calendar Year thereafter by the [***].
FTE Rate means, for the period from the Effective Date to 31 December 2018, [***]. Thereafter, the FTE Rate shall be increased or decreased on 1 January of each year by the annual percentage increase or decrease in the UK Consumer Price Inflation published by the UK Office of National Statistics.
FTE Rate means the amount of [***] for an FTE per Calendar Year.
FTE Rate means $[* * *] for employees of each of Acceleron and its Affiliates and Celgene and its Affiliates, which rate may be adjusted annually by each Party based on changes in the Consumer Price Index (as quoted by the U.S. Department of Labor, Bureau of Labor Statistics).
FTE Rate means the yearly rate at which BMS will fund Ambrx FTEs during the Research Term, which rate is specified in Section 3.4(b).