definiens: of a Party means any Person that directly or indirectly is controlled by, controls or is under commoncontrol with a Party to this Agreement . For the purposes of this definition, the term ( including, with correlativemeanings, the terms and ) as used with respect to a Person means ( a ) in the caseof a corporate entity, direct or indirect ownership of voting securities entitled to cast more than fifty percent ( 50 % ) of thevotes in the election of directors, ( b ) in the case of a non - corporate entity, direct or indirect ownership of more than fiftypercent ( 50 % ) of the equity interests with the power to direct the management and policies of such entity, or ( c ) any otherarrangement whereby a Person controls or has the right to control the board of directors or equivalent governing body ormanagement of a corporation or other entity ; provided that, if local Laws restrict foreign ownership, control shall beestablished by direct or indirect ownership of the maximum ownership percentage that may, under such local Laws, be ownedby foreign interests