definiens: means ( a ) the current assets of the Company and its Subsidiaries ( other than Colorescience),including cash and cash equivalents, the value of inventory, accounts receivable ( less any reserves for uncollectibility andpayment discounts ) and current prepaid expenses minus ( b ) the current liabilities of the Company and its Subsidiaries ( otherthan Colorescience ), including accounts payable and all accrued expenses, including incentive compensation, current Taxliabilities, rebates, chargebacks, product returns and all other pricing allowances, with each amount determined in accordancewith GAAP applied on a basis consistent with the accounting principles described on Schedule E. For purposes of thisAgreement, Net Working Capital shall, in all events, exclude fixed assets, deferred Tax assets and liabilities, goodwill, intangible assets, long term debt, Transaction Expenses, Indebtedness, the Colorescience Intercompany Obligation, the CashOption Payments, any inventory of the Ceased Product, and the Colorescience Cash Contribution and any asset of theCompany or any of its Subsidiaries ( other than Colorescience ) created by the Colorescience Cash Contribution