definiens: means any Person that directly or indirectly is controlled by, controls or is undercommon control with a Party to this Agreement . For the purposes of this definition, the term ( including, withcorrelative meanings, the terms and ) as used with respect to a Personmeans ( a ) in the case of a corporate entity, direct or indirect ownership of voting securities entitled to cast more than fiftypercent ( 50 % ) of the votes in the election of directors, ( b ) in the case of a non - corporate entity, direct or indirectownership of more than fifty percent ( 50 % ) of the equity interests with the power to direct the management and policiesof such entity, or ( c ) any other arrangement whereby a Person controls or has the right to control the board of directorsor equivalent governing body or management of a corporation or other entity ; provided that,- 1 – Execution Versionif local Applicable Law restricts foreign ownership, control shall be established by direct or indirect ownership of themaximum ownership percentage that may, under such local Applicable Law, be owned by foreign interests