definiens: means the FTE personnel cost incurred by a Party in connection with the development ofProducts under Development Plans, which, as of the Effective Date, shall be at an annual rate of ( a ) US$ [ ... * * * ... ] perFTE for director or equivalent level or above, ( b ) US$ [ ... * * * ... ] per FTE for scientist or equivalent level or above, and(c ) US$ [ ... * * * ... ] per FTE below scientist or equivalent level . Commencing January 1, 2011, each above FTE Rateshall adjust annually, effective January 1 of the applicable Calendar Year, to reflect any year - to - year percentageincrease or decrease ( as the case may be ) in the U.S. Bureau of Labor Statistics Employee Cost Index ( ) ( basedon the change in the ECI from the most recent index available as of the Effective Date to the most recent indexavailable as of the date of the calculation of such adjusted FTE Rate )