definiens: shall mean any entity or subsidiary which controls a Party . For purposes of this definition, or shall mean ownership directly or through one or more Affiliates, of fifty percent(50 % ) or more of the shares of stock entitled to vote for the election of directors, in the case of acorporation, or fifty percent ( 50 % ) or more of the equity interest in the case of any other type of legal entity, status as a general partner in any partnership, or any other arrangement whereby a Party controls or has theright to control the Board of Directors or equivalent governing body of a corporation or other entity, or theability to cause the direction of the management or policies of a corporation or other entity . The Partiesacknowledge that in the case of certain entities organized under the laws of certain countries outside of theUS, the maximum percentage ownership permitted by law for a foreign investor may be less than fiftypercent ( 50 % ), and that in such case such lower percentage shall be substituted in the preceding sentence, provided that such foreign investor has the power to direct the management and policies of such entity