definiens: shall mean the gross invoices representing sales of PRODUcr under this AGREEMENT by SB, its AFFILIATES or sublicensees ( ) to the Trade ( as defined below ): ( a ) in finished product form ( i.e., paclcaged and labeled for sale to the ultimate consumer ) ; and ( b ) in any product form other than finished product form ( such as final stage bulk material ready for conversion to final form, or bulk tablets, bulk capsules, bulk ampoules or bulk vials ) to distributors who subsequently convert such product into finished product form, provided that such distributors shall not be considered sublicensees for purposes of this NET SALES definition, and further provided that for purposes of this Paragraph l.09(b ), such sales of PRODUcr in final stage bulk material form shall only occur where such sales are due to local country requirements as such requirements are determined by SB ; " less deductions specifically allocated to PRODUcr by the Selling Party using generally accepted accounting u:\daQ\cortec : h.doc ( e. "CeI : ' ... Indicates portions of text that have been omitted . A se ~ ar ~ e filing of such omitted text has been made with the COIIlIIllsslon as pan of Registrant 's application for confidential treatment . P : lge 2 ( i ) transpOrtation charge !, including insurance, for transporting PRODUCT ; ( ii ) sales and excise taxes and duties paid or allowed by the Selling Party and any other governmental charge ! imposed upon the production, importation, use or sale of such PRODUCT ; ( iii ) Trade, quantity and cash discounts allowed on PRODUCT ; ( iv ) allowances or credits to customers on account of rejection or return of PRODUCt or on account of retroactive price reductions aifectin, such PRODUcr ; and ( v ) PRODUCT rebates and PRODUCT charJe backs includin, those, ranted to managed care entities