definiens: shall meanltiie gross revenues from sales of Product by [COMPANY] or its Subdistributors less deductions allowed"'to the final buyer against the invoiced amount, for ( a ) _ transportation charges, including shipping insurance, from the subdistributor in the Territory to the final buyer ; ( b ) sales and value - added taxes imposed upon the sale of Product from the subdistributor in the Territory to the final buyer ; ( c ) trade, quantity and cash discounts allowed and actually taken ; ( d ) allowances or credits to customers on account of rejection or return of Product or on account of retroactive price reductions affecting Product ; ( e ) rebates and charge backs to the final buyer, and lBB::ODMA\PCDQCSI3QL2\277311\9 01117197 -2-(f ) reasonable provisions for actual uncollectible accounts determined in accordance with U.S. generally accepted accounting practices ( ) consistently applied to all product$ of the selling party1 The amounts described in ( a ) and ( b ) above shall be deducted only to the extent they are stated separately on the invoice and . paid by the buyer, or to the extent reflected on [COMPANY] 's books in accordance with GAAP . ( sales between [COMPANY] and its Subdistributors for resale shall be excluded from the computation of Net Sales and the subsequent resale included within Net Sales.1 1.10 shall mean all patents and patent applications ( including continuations, continuations - in - part, divisions, patents of addition, reissues, renewals, and extensions ) which are or become owned by [COMPANY] or [COMPANY] Inc., or to which [COMPANY] or [COMPANY] Inc. has, now or in the future, the right to grant licenses and distribution rights, which generically or specifically claim Product, a process for manufacturing Product, an intermediate used in such process or a use of Product . With respect to any such patents or applications which [COMPANY] or [COMPANY] Inc. acquires or has acquired from a Third Party, the same shall be included within the hereunder to the -extent that [COMPANY] or [COMPANY] Inc. has the right to license the same hereunder