definiens: shall mean any company or other legal e ntity actually controlling, controlled by or under common control with Licensee . For purposes of the d efinition of the term shall m ean : ( i ) in the case of a corporate entity, the ability to effect the election of a majority of directors, or in the case of a for - profit entity direct or indirect ownership of at least a majority of the stock or participati ng shares entitled to vote for the election of directors of t hat entity, in any case coupled with active manager ial involvement and accountability for directing the bu siness and affairs of that entity ; ( ii ) in the case of a partnership, the power customarily held by a managi ng partner to direct the management and policies of such partnership, provided that such power is activ ely exercised ; or ( iii ) in the case of a joint vent ure, whether in corporate, partnership or other legal fo rm, a prevailing joint economic interest coupled wi th a managerial role entailing active direction, control and accountability with respect to the business an d affairs of the entity