definiens: with respect to a PARTY shall mean any corporation or other entity which controls, is controlled by, or is under common control with such PARTY . A corporation or other entity shall be regarded as in control of another corporation or entity if it owns or directly or indirectly controls more than fifty percent ( 50 % ) of the voting stock or other ownership interest of the other corporation or entity, or if it possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of the corporation or other entity or the power to elect or appoint fifty percent ( 50 % ) or more of the members of the governing body of the corporation or other entity . A corporation or entity which is under common control with BTl as a result of a common venture capital entity is not an AFFILIATE of BTL For the purposes of this Agreement, LOXO and BTl are not AFFILIATES and NOV ARTIS PHARMA, A.G. and LOXO are not AFFILIATES