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“FTE” means the equivalent of one person working full time for one 12-month period in a research, development, commercialization, regulatory or other relevant capacity, approximating 1800 hours per year. In the interests of clarity, a single salaried individual who works more than 1800 hours in a single year shall be treated as one FTE regardless of the number of hours worked.

“FTE” means the equivalent of one persona full-time employee of either Party (including normal vacations, sick leave, and other similar matters) to the extent performing scientific, medical, technical, managerial, or other activities. An FTE charged to either Party will represent the actual time a full-time employee of such Party spends working fullon activities assigned to such Party under the Research Plan, Development Plan or Joint Commercialization Plan as recorded in such Party’s project time for one 12-month periodreporting system. For the avoidance of doubt, the time will be recorded in a research, development, commercialization, regulatory or other relevant capacity, approximating 1800manner such that no employee of either Party can report him/herself as more than one (1) FTE in any given month. An FTE is measured on the basis of a total of one thousand eight hundred (1,800) hours per year. InFTE efforts will not include the interestswork of clarity, a single salaried individual who works more than 1800 hours in a single year shall be treated as one FTE regardless of the number of hours worked.general corporate or administrative personnel, including legal services relating to patent activities, accounting and other finance activities, and other G&A activities.

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