Gross Margin Percentage

Gross Margin Percentage. Shall mean, for the period in question, the excess, if any, of the Actual Sales Revenues for goods or inventory sold (but excluding Actual Sales from licenses or royalties or for services provided) during such period over the related cost-of-goods-sold during such period, determined in accordance with GAAP and expressed as a percentage.

Gross Margin Percentage. Means the percentage obtained by dividing Adjusted Gross Margin Dollars for a given time period by Gross Temporary Employment Billings for that period. For example, if Adjusted Gross Margin Dollars for a given time period are $250,000 and Gross Temporary Employment Billings for that time period are $1,000,000, then the Gross Margin Percentage is 25%.