definiens: means the gross invoiced amount on sales of the Licensed Products by [COMPANY] and its Affiliates to Third Parties ( including Distributors ) after deduction of : ( a ) ( b ) normal and customary trade, quantity or prompt settlement discounts ( including chargebacks and allowances ) actually allowed ; amounts ~ epa@or§edite9 by reason ortejection, returns or recalls of goods, rebates or bona fide price reduction3determined by [COMPANY] or its Affiliates in good faith and pursuant to standard industry practice ; ( c ) ~bate1and similar payments made with respect to§'les paid for by any governmental or regulatory authoriti ! such as, by way of illustration and not in limitation of the Parties ' rights hereunder, ~deral or state Medicaid, Medicare or similar state program in the United States or equivalent governmental program in any other coun~ t I I CONFIDENTIAL TREATMENT REOUESTED Page 13 of 100 ( d ) ~xcise taxes, Indirect Taxes, customs duties, customs levies and import fees imposed on the sale, importation, use or distribution of the Licensed Products actually invoice~ and ( e ) any other similar deductions that are actualIy credited to the customer and are consistent with generalIy accepted accounting principles, or in the case of non - United States sales, other applicable accounting standards ; and ( t ) as an allowance for§ansportation costs, distribution expenses, special packaging and related insurance charg : i§V ~ percent ( Lf / o ) of the amount arrived at after the application of the provisions of items ( a ) to ( e ) above