definiens: shall mean any company or other legal entity actually controlling, controlled by or under common control with Licensee . For purposes of the definition of the term shall mean : ( i ) in the case of a corporate entity, the ability to effect the election of directors, or in the case of a for - profit entity direct or indirect ownership of at least a majority of the stock or participating shares entitled to vote for the election of directors of that entity, in any case coupled with active managerial involvement and accountability for directing the business and affairs of that entity ; ( ii ) in the case of a partnership, the power customarily held by a managing partner to direct the management and policies of such partnership, provided that such power is actively exercised ; or ( iii ) in the case of a joint venture, whether in corporate, partnership or other legal form, a prevailing joint economic interest coupled with a managerial role entailing active direction, control and accountability with respect to the business and affairs of the entity