definiens: . Development Costs means, as to a Party, such Party ’s direct and identifiableinternal and external costs of developing the Licensed Compound and Licensed Products in accordance with theGlobal Development Plan, consisting of the following:(a ) with regard to a Party ’s internal costs and charges, Development Costs shall include all internal costs ofsuch Party ’s personnel engaged in the development of the Licensed Compound and Licensed Products, at the [ * * ] FTE Rate ; 3CONFIDENTIAL EXECUTION VERSION ( b ) with regard to a Party ’s external costs and charges, Development Costs shall consist of the actuallyincurred out - of - pocket costs and charges of suppliers of goods, including raw materials, and services, includingcontract research organizations, to the extent directly related to the development of the Licensed Compound andLicensed Products ; and(c ) all internal and external costs associated with conducting clinical trials of the Licensed Compound andLicensed Products and all internal and external costs associated with the use of clinical supply of Licensed Productand any Comparator Drug in such trials, including the Manufacturing Cost of such clinical supply as described inSection 3.5