definiens: means the equivalent of the work of one ( 1 ) full - time employee of a Party or itsAffiliates for one ( 1 ) year ( consisting of [ * * ] hours per year ) in directly conducting Development, Manufacturing and/or Commercialization activities hereunder . Any Party ’s employee whodevotes fewer than [ * * ] hours per year on the applicable activities shall be treated as an FTE on apro - rata basis, calculated by dividing the actual number of hours worked by such employee onsuch activities by [ * * ] . Any employee who devotes more than [ * * ] hours per year on the applicableactivities shall be treated as one ( 1 ) FTE . For the avoidance of doubt, FTE shall not include thework of general corporate or administrative personnel, except for the portion of such personnel’swork time actually spent on conducting scientific, technical or commercial activities directlyrelated to the Development, Manufacture or Commercialization of Licensed Products