definiens: means the equivalent of a full - time individual 's work, currently [ two [ * J thousand and eighty ( 2,080 ) hours J per year for a twelve ( 12 ) month period, on Developm ent or [ * J Commercialization of Collaboration Products . In the case that any full time personnel of a Party works partially on the Development or Commercialization of Collaboration Products and partially on other work outside this Agreement in a given fiscal year, then the full - time equivalent to be attributed to such individual 's work hereunder shall be equal to the percentage of such individual 's total work time in such fiscal year that such individual spent working on activities related to the Development or Commerciali zation of Collaboration Products . In the event that any part - time personnel of a Party works on the Development or Commercialization of Collaboration Products, the full time equivalent to be attributed to such work shall reflect appropriate adjustment for such personnel 's reduced total work time relative to full time personnel . FTE efforts shall not include general corporate and administrative overhead . Each Party shall track FTEs using its standard practice and normal systems and methodologie s as approved by the JFC