definiens: shall mean the amounts invoiced on sales of a Product by [COMPANY] and its Affiliates and Subcontractors to independent, unrelated third parties in bona fide arms - length transactions, less the following deductions actually allowed by [COMPANY], its Affiliates and Subcontractors and taken by such third parties and not otherwise recovered by or reimbursed to [COMPANY], or its Affiliates or Subcontractors : ( i ) trade, cash and quantity discounts ; ( ii ) taxes or government charges levied on the sale of Product to the extent added to the sales price and set forth separately as such in the amount invoiced ; ( iii ) amounts repaid or credited by reason of rejections, defects or returns or because of rebates or retroactive price reductions ; and ( iv ) delivery charges ( including transportation and insurance costs ) actually included in the Net Sales invoiced . Net sales shall not include the prices charged ( at fair market value ) for separate products such as catheter access devices, syringes, gloves, and gauze pads, that may be either sold separately from the Product or bundled with the Product in the form of a kit ; provided, however, that any Net Sales shall be deemed to include the amount or fair market value of any consideration ( other than consideration described in Section 6.1 ( b » received by [COMPANY] or its Affiliates or Subcontractors that can be attributable to a Product, whether such consideration is in cash or payments 4 CONFIDENTIAL ' * Confidential treatment is requested for the language which has been underscored and placed in brackets