definiens: shall mean consideration of any type received by [COMPANY] ( and/or any [COMPANY] Affiliate(s ) ) f rom a [COMPANY] Partner in connection with a [COMPANY] Partner Project, including, without limitation, up front payments, license fees and milestones, but excludin g amounts received in the form of ( a ) royalty payments on sales of products ; ( b ) amounts received, at or below fair market value, for services provided by K irin ( or a [COMPANY] Affiliate ), such as producing Antibodies and Manufacturing Anti body Products or conducting research ; ( c ) amounts received, at or below fair ma rket value, for equity in [COMPANY] ( or a [COMPANY] Affiliate ) ; ( d ) equity received f rom a Partner in exchange for monetary consideration at or above fair market valu e ; or ( e ) amounts received in the form of a loan to [COMPANY] ( or a [COMPANY] Affiliate ) or repayment of a loan from [COMPANY] ( or a [COMPANY] Affiliate )