definiens: means a full - time equivalent scientific or technical person year, or a total of 47 weeks or 1,880 hours per year of scientific and/or technical work, on or directly related to the performance of activities under the Device Development Plan, carried out by [COMPANY] employees as agreed to by the Joint Coordination Team, exclusive of non - research and development 2394.137v2 administ rative work associated therewith . [COMPANY] FTE costs shall initially, and in the first full Calendar Year of this Agreement be paid at a rate of two hundred and thirty - five thousand dollars ( $ 235,000 ) per FTE . Future year FI'E rates will be indexed according to the US Consumer Price Index ( US Bureau of Labor Statistics for all urban consumers series ID CUUROOOO SAOO ) and adjusted on January 1 of each subsequent yeaL 1.41 means GLP-1 ( 7 - 36 ) amide and GLP-1 ( 7 - 37 ) OR, including analogs, derivatives, fragments, mime tics and other pep tides that act through the same receptor where GLP-1 ( 7 - 36 ) amide and GLP-1 ( 7 - 37 ) OH exert their effects