Incremental Bonuses and Commissions definition

Incremental Bonuses and Commissions means (i) the actual amount of commissions and bonuses accrued by the Company as of the Closing for the period beginning on October 1, 2016 and ending on December 31, 2016 (the “Specified Period”) minus (ii) the amount of commissions and bonuses that would be properly accrued by the Company for the Specified Period as of the Closing if the Company had not recorded any new subscription sales or perpetual licenses (which, for the avoidance of doubt, does not include any renewals, services or other commercial arrangements) with life sciences companies in the Specified Period.