definiens: shall mean, with respect to a person, the equivalent of the work of one ( 1 ) employee full time for one ( 1 ) year ( consisting of at least [ * * * * * ] working hours per year ( with no further reductions for vacations and holidays ) ) . Overtime, and work on weekends, holidays and the like will not be counted with any multiplier ( e.g., time -and - a - half or double time ) toward the number of hours that are used to calculate the FTE contribution . The portion of a FTE billable by Cu reVac for one ( 1 ) individual during a given accounting period shall be determined by dividing the number of hours worked by said individual on the work to be conducted under the Agreement during such accounting period by the number of FTE hours applicable for such accounting period based on [ * * * * * ] working hours per year . FTE shall include the employee required to execute the R&D Plans provided however that employees falling under the COGS definition of the Clinical Supply Agreement or the Commercial Supply Agreement shall not be included . FTE shall not include personnel undertaking general corporate activities including, by way of example only, investor relations, business development, legal affairs, human resources and finance, and any other activities not supporting activities conducted under this Agreement