definiens: means, with respect to a Party, any entity or person that controls, is controlled by, or is under commoncontrol with that Party . For the purpose of this definition, ‘ control ’ or ‘ controlled ’ means, direct or indirect, ownershipof fifty percent ( 50 % ) or more of the shares of stock entitled to vote for the election of directors in the case of acorporation or fifty percent ( 50 % ) or more of the equity interest in the case of any other type of legal entity ; status as ageneral partner in any partnership ; or any other arrangement whereby the entity or person controls or has the right tocontrol the board of directors or equivalent governing body of a corporation or other entity or the ability to cause thedirection of the management or policies of a corporation or other entity . The Parties acknowledge that in the case ofentities organized under the laws of certain countries where the maximum percentage ownership permitted by law for aforeign investor is less than fifty percent ( 50 % ), such lower percentage shall be substituted in the preceding sentence, provided that such foreign investor has the power to direct the management and policies of such entity