definiens: means an initial annual rate of [ * * * ] Dollars ( $ [ * * * ] ) per FTE . The FTE Rate for each FTE shall includecompensation and all employee benefits, allocated travel costs ( not including travel costs budgeted for clinical trials andincluded as a separate line item in the Development Plan budget and reimbursed as such ), allocated equipment maintenancecosts, utilities, waste removal, and facilities expenses, including allocated building operating costs, allocated depreciation, utilities, telephone, and repairs and maintenance, regardless of whether the same are considered allocable overhead, and thereshall be no additional charge for such items or any other general and administrative costs ; but shall not include any costsdescribed above specifically and forming a part of the independent line items of the Development Plan budget and reimbursedas such . The FTE Rate shall be adjusted annually to reflect any percentage increase or decrease ( as the case may be ) in theConsumer Price Index for the US City Average ( all times ) ( ) ( based on the cumulative change in the CPI index from theEffective Date to the index most recently available at the time of any such adjustment )