definiens: means, with respect to a particular category of FTEs, the monetary rate at which suchFTEs expended during the applicable financial reporting period accrue . As of the Effective Date, such annual rates are(a ) US$ [ * * * ] per FTE for department head, director or equivalent level or above, ( b ) US$ [ * * * ] per FTE for team leader, scientist or equivalent level ( up to director or equivalent level ), and ( c ) US$ [ * * * ] per FTE for below team leader, scientist or equivalent level . Commencing January 1, 2016, each FTE Rate shall adjust annually, effective January 1of the applicable Calendar Year, to reflect any year - to - year percentage increase or decrease ( as the case may be ) inthe U.S. Bureau of Labor Statistics Employee Cost Index ( ) ( based on the change in the ECI from the mostrecent index available as of the Effective Date to the most recent index available as of the date of the calculation ofsuch adjusted FTE Rate )