definiens: means all gross revenue received by AKOYA, its Affiliates, or sublicensees, their distributors or designees, from the sale, transfer orother disposition of Licensed Product to an end user . Net Sales excludes the following items ( but only as they pertain to the making, using, importing or selling of Licensed Products, are included in gross revenue, and are separately billed or accounted for ): ( A)customary trade, quantity, or cash discounts and customary rebates and chargebacks ; ( B)import, export, excise, value - added sales and other direct taxes, and custom duties, and other similar government charges ; PAGE 2 OF 29FILE LAST SAVED 11/17/2015 CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND REPLACED WITH . SUCH IDENTIFIED INFORMATIONHAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS ( I ) NOT MATERIAL AND ( II ) WOULD LIKELY CAUSE COMPETITIVE HARM TO THECOMPANY IF DISCLOSED