definiens: means the gross amount invoiced, billed or received by or on behalf of Exact and its Affiliates onaccount of the sale of a Licensed Product, and the gross the amount received by Exact and its Affiliates onaccount of the performance or sale of a Licensed Service, in each case in any bona fide, arms - lengthtransactions with Third Parties, less the following items, determined in accordance with Exact ’s standardaccounting methods as generally and consistently applied, to the extent not already reflected or deducted : ( i ) discounts allowed and taken, not to exceed amounts customary in the trade ; ( ii ) sales taxes, use taxesand duties, including import, export and excise duties imposed ( but excluding income or value added taxes);and ( iii ) solely with regard to Licensed Products, ( x ) freight and insurance to the extent separately invoiced toand paid by the purchaser of such Licensed Product ; ( y ) credits for returns, allowances or trades, actuallygranted, and ( z ) the gross amount invoiced, billed or received for any sample collection components includedwith or in a Complete Kit ; provided that if such amount exceeds the lesser of six dollars ( $ 6 ) or four percent(4 % ) of the gross amount invoiced, billed or received for the applicable Complete Kit, then any such excessshall be included in Net Sales