definiens: means any Entity, which, at the time in question, is directly or indirectly owned by orcontrolled by, or under common control with, [COMPANY] or Merck Serono, as the case may be . For the purposes of thisdefinition, a Party shall be deemed to have if such Party ( a ) owns, directly or indirectly, 50 % or more of(i ) the voting stock or shareholders ’ equity of a corporation, ( ii ) the partnership interests in a partnership, or ( iii ) themembership interests in a limited liability company, or ( b ) possesses, directly or indirectly, the power to direct orcause the direction of the management and policies of the Entity or the power to elect more than 50 % of the membersof the governing body of the Entity . [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted andfiled separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the SecuritiesExchange Act of 1934, as amended