definiens: means with respect to any Party, any person or entity controlling, controlled by or undercommon control with such Party . For purposes of this Article 1.2, shall mean ( a ) in the case of a corporateentity, direct or indirect ownership of fifty percent ( 50 % ) or more of the stock or shares having the right to vote for theelection of directors of such corporate entity and ( b ) in the case of an entity that is not a corporate entity, thepossession, directly or indirectly, of the power to direct, or cause the direction of, the management or policies of suchentity, whether through the ownership of voting securities, by contract or otherwise 1.3 shall mean all statutes, ordinances, regulations, rules or orders of any kindwhatsoever of any Governmental Authority that may be in effect from time to time and applicable to the activitiescontemplated by this Agreement