definiens: or shall mean ownershipdirectly or through one or more Affiliates, of fifty percent ( 50 % ) or more ofthe shares of stock entitled to vote for the election of directors, in the caseof a corporation, or fifty percent ( 50 % ) or more of the equity interest in thecase of any other type of legal entity, status as a general partner in anypartnership, or any other arrangement whereby a Party controls or has the rightto control the Board of Directors or equivalent governing body of a corporationor other entity, or the ability to cause the direction of the management orpolicies of a corporation or other entity . The Parties acknowledge that in thecase of certain entities organized under the laws of certain countries outsideof the US, the maximum percentage ownership permitted by law for a foreigninvestor may be less than fifty percent ( 50 % ), and that in such case such lowerpercentage shall be substituted in the preceding sentence, provided that suchforeign investor has the power to direct the management and policies of suchentity . Without expanding the definition of, in the case of [COMPANY], shall also include for purposes hereof [COMPANY] Institute forFunctional Genomics, Inc., the Friedrich Miescher Institute for BioMedicalResearch, and [COMPANY] Institute for Tropical Diseases Pte . Ltd