definiens: means : non - ref undable sublicense issue fees, sublicense maintenance fees, sublicense miles tone payments, and similar non - royalty payments made by SUBLICENSEES to LICENSEE in consid eration of a grant of a SUBLICENSE by LICENSEE . Notwithstanding the foregoi ng, it is understood and agreed that NON - ROYALTY SUBLICENSE INCOME shall exclude royalti es, amounts received from any third party for the purchase of equity ( except for equity premiums ), research and development performed by LICENSEE ( charged at LICENSEE ’s fully burdened cost ) or by LICENSEEs subcontractor or delegates ( designated for research and/or development by its agreement with SUBLICENSEE ) or by SUBLICENSEE, loans, advances cre ditable against royalties, debt financing, payments in exchange for products or mat erials, reimbursement for patent costs or other patent related expenses, or the license of in tellectual property not covered by LA BIOMED ’s PATENT RIGHTS . It is further understood an d agreed that not withstanding anything to the contrary herein, non - royalty income from SUBLICENSEs in the field of veterinary 3 medicine shall not be considered NON - ROYALTY SUBLIC ENSE INCOME and no payments shall be owed to LA BIOMED with respect thereto