definiens: means the equivalent of a full - time individua l 's work time for a twelve ( 12 ) month period ( consi sting of eighteen hundred ( 1800 ) hours during such twelve ( 1 2 ) month period ( excluding vacations and holidays ) ) . For clarity, in the event that an individual works part ially on an activity during a twelve ( 12 ) month per iod, the related FTE shall be determined on a pro rata basis according to the total number of hours such indivi dual spent on such activity during such period . means, with respect to a particular tas k, the price of one ( 1 ) FTE per twelve ( 12 ) month p eriod ( consisting of eighteen hundred ( 1800 ) hours during such twelve ( 12 ) month period ( excluding vacations and holidays ) ) . The FTE Rates shall be the rates that, from time to time, the Parties identify as, and agr ee in writing are, the FTE Rates