definiens: means the FTE personnel cost incurred by a Party in connection with the development of Productsunder Development Plans, which, as of the Effective Date, shall be at an annual rate of ( a ) US$ [ … * * * … ] per FTE for directoror equivalent level or above, ( b ) US$ [ … * * * … ] per FTE for scientist or equivalent level or above, and ( c ) US$ [ … * * * … ] perFTE below scientist or equivalent level . Commencing January 1, 2011, each above FTE Rate shall adjust annually, effectiveJanuary 1 of the applicable Calendar Year, to reflect any year - to - year percentage increase or decrease ( as the case may be ) inthe U.S. Bureau of Labor Statistics Employee Cost Index ( ) ( based on the change in the ECI from the most recent indexavailable as of the Effective Date to the most recent index available as of the date of the calculation of such adjusted FTERate )