definiens: means, with respect to a Party, any entity or pers on that controls, is controlled by, or is under common control with that Party . For the purpo se of this definition, or means, direct or indirect, ownership of fifty perce nt ( 50 % ) or more of the shares of stock entitled to vote for the election of directors in the case of a corporation or fifty percent ( 50 % ) or more of the equity interest in the case of any other type of le gal entity ; status as a general partner in any partnership ; or any other arrangement whereby the e ntity or person controls or has the right to contro l the board of directors or equivalent governing body of a corporation or other entity or the ability to cause the direction of the management or policies o f a corporation or other entity . The Parties acknowledge that in the case of entities organized under the laws of certain countries where the maximum percentage ownership permitted by law for a foreign investor is less than fifty CONFIDENTIAL * CONFIDENTIAL TREATMENT REQUESTED . OMITTED PORTION S FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMUL GATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED percent ( 50 % ), such lower percentage shall be subst ituted in the preceding sentence, provided that such foreign investor has the power to direct the m anagement and policies of such entity