definiens: means, during the Term : ( a ) with resp ect to Development activities, [ * * * ] per FTE and ( b ) with respect to Commercialization activities, [ * * * ] per FTE . On January 1, 2020 and on January 1st of each subsequent Calendar Year, the foregoing rate shall be increased for the Calendar Year then comme ncing by the percentage increase, if any, in the Consumer Price [ * * * ] Certain information in this document has been omitted from this exhibit because it is both ( i ) not material and ( ii ) would be competitively harmful if publicly disclosed - 8 - Index ( ) as of December 31 of the then most recently completed Calendar Year with respect to the level of the CPI on December 31, 2018 . As used in this definition, Consumer Price Index or CPI means the Consumer Price Index – Urban Wage Earners and Clerical Worke rs, US City Average, All Items, 1982 -84 = 100, published by the United States Department of Labor, Bureau of Labor Statistics ( or its successor equivalent index ) . The FTE Rate includes the applicable employee ’s wages, bonuses, incentive compensation, equit y incentive compensation, employer paid taxes, benefits, perks and other forms of compensation that would otherwise be considered the cost of an employee