definiens: means, with respect to a specified Party, any Person that directly or indirectly controls, is controlled by, or is under common control with that Party . For the purpose of this definition, or means direct or indirect ownership of 50 % or more of the shares of stock ent itled to vote for the election of directors in the case of a corporation, status as a general partner in any partnership, ownership of 50 % or more of the entity ’s equity interest in the case of any other type of legal entity, or any other arrangement where by the 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 otherwise cause the direction of the management or policies of the corporation or other entity . The Pa rties acknowledge that, in the case of entities organized under the Applicable Laws of certain countries where the maximum percentage ownership permitted by Applicable Law for a foreign investor is less than 50 %, that lower percentage will be substituted i n the preceding sentence if the foreign investor has the power to direct the management and policies of that entity