definiens: means the amount a Party will pay the other Party over a consecutive twelve ( 12 ) month period for one ( 1 ) FTE . Unless otherwise agreed by the Parties : ( a ) for [COMPANY] FTEs conducting scientific research activities for [COMPANY] pursuant to the Research Program, the FTE Rate will be Three Hundred Thousand Dollars ( $ 300,000 ), with an annual cost ofliving adjustment ( commencing January 1,2006 ) in accordance with CPI - U as published by the Department of Labor Bureau of Labor Statistics ; and ( b ) for FTEs employed by the Parties and identified in the Research Plan and Budget as conducting activities in furtherance of the Research Program ( other than activities conducted pursuant to subparagraph ( a ) above ), the FTE Rate will be Two Hundred Fifty Thousand Dollars ( $ 250,000 ), with an annual cost of living adjustment ( commencing January 1, 2006 ) in accordance with CPI - U as published by the Department of Labor Bureau of Labor Statistics