definiens: shall mean any Person who directly or indirectly controls or is controlled by or is under common controlwith a Party . For purposes of this definition, or means ownership directly or through one ormore Affiliates, of fifty percent ( 50 % ) or more of the shares of stock entitled to vote for the election of directors, in the case ofa corporation, or fifty percent ( 50 % ) or more of the equity interests in the case of any other type of legal entity, status as ageneral partner in any partnership, or any other arrangement whereby a Party controls or has the right to control the board ofdirectors or equivalent governing body of a corporation or other entity, or the ability to cause the direction of themanagement or policies of a corporation or other entity . The Parties acknowledge that in the case of certain entities organizedunder the laws of certain countries outside of the United States, the maximum percentage ownership permitted by law for aforeign investor may be less than fifty percent ( 50 % ), and that in such case such lower percentage shall be substituted in thepreceding sentence ; provided that such foreign investor has the power to direct the management and policies of such entity