definiens: means, with respect to a Product, net sales of [COMPANY] ( or its Affiliates or theirrespective licensees or sublicensees ) as audited and reported in Euros by [COMPANY] ( or its Affiliates or licensees)in accordance with International Financial Reporting Standards ( ), as IFRS may be modified fromtime to time . For the avoidance of doubt : ( a ) IFRS Net Sales shall not include samples, compassionate useof the Products and the like ; provided that revenue from Products sold to third parties for clinical trialpurposes shall be included in IFRS Net Sales ; and ( b ) any Damages paid by [COMPANY] pursuant to Article IXhereof shall not be treated as a deduction for purposes of calculating IFRS Net Sales . In calculating IFRSNet Sales, the Parties shall disregard any related Know - How, Discovery or other royalties paid to Sanofiafter [ * ] on Clopidogrel Products or Irbesartan Products