definiens: means the equivalent of one employee working on a dedicated full time basis for one year ( consisting of at least a total of [ * * ] per year of dedicated effort ) performing scientific, technical or manager ial work on or directly related to the research of a Lexicon Advanced Resea rch Candidate and associated Lexicon Advanced Research Product(s ), [COMPANY] IND Opted Product or [COMPANY] Phase II Opted Product, as applicable . Any given em ployee performing such scientific, technical or managerial work will be [ * * ] for the purposes of calculating FTE costs . For the purposes of calculat ing FTEs for a given period, Lexicon shall divide the cumulative hours charged t o the foregoing program(s ) based on its project accounting system ( and subject to the foregoing annual hour limits for each employee ) by [ * * ] for a calendar ye ar ( or the appropriate fraction thereof ) . For purposes of clarity the deno minator of the foregoing calculation for [ * * ]