definiens: means the price of a single FTE per calendar year . The FTE Rate shall be [ * * * ] for all staff . The FTE Rate reflects the full y burdened internal costs of an FTE including all employee - related compensation, including but not li mited to, salaries, wages, bonuses, benefits, profit sharing, share option grants, and any other employment costs, including travel and associated subsistence costs ( but excluding travel and subsist ence costs incurred in any travel ) and professional dues and allocable overhead . On the 1 January each calendar year, commencing with 1 January 2020, the FTE Rate will be increased by the percentage ( % ) increase in inflation as measured by the Swedish Consumer Price Index published by Statistic s Sweden ( Sw . Statistiska Centralbyrån ) on each 1 January of each calendar year . [COMPANY] shall provide JPT with the revised FTE Rate by 1 February of each calendar year