definiens: means, with respect to a Person, any other Person that controls, is controlled by, or is under common control with such Person at the relevant times . For the purpose of this definition, shall mean direct or indirect ownership of more than fifty percent ( 50 % ) of the shares of sto ck entitled to vote for the election of directors in the case of a corporation, or more than fifty percent ( 50 % ) 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 the entity or person controls or has the right to control the board of directors or equivalent governing body of a corporation or other entity, or the ability to cause the direction of the management or policies of a corporation or other entity . In the case of entities organized under the laws of certain countries, the maximum percentage ownership permitted by law for a foreign investor may be less than fifty percent ( 50 % ), and in such case such lower percentage shall be substituted in the preceding sentence ; provided, that in such case, such foreign investor has the power to direct the management and policies of such entity