PSC Direct Cost definition

PSC Direct Cost means all costs, other than the Pass-Through Expenses specified on Schedule 1.1(b) hereto, incurred by PSC in the performance and provision of the Services and certain of the Project Services pursuant to this Agreement, as reflected in the profit and loss statement for the PSC account supporting Safeskin, prepared by PSC in the ordinary course of its business, and on a basis consistent with the profit and loss statements prepared by PSC for its other commercial accounts. PSC Direct Costs shall not include any PSC corporate overhead.