definiens: shan mean any eorporotion . partnership, joint \enture or firm " hich controls, is controlled by or under common control with a specified person or entity . For purposes of this defi nition, shall mean the actual power, either directly or indirectly through one or more intermediaries, to direct the management and policies of a entity whether by ( a ) in the case of corporate entities, direct or indirect ownership of at least fifty pereent ( 50010 ) of the stock or shares IulVing the right to vote for the election of dif'<.'(:tors ( it being understood that the direct or indirect ownership of a lesser percentage of such stock shall oot necessarily preclude the existence ofcontroJ ) or ( b ) in the case ofoon - oorpol'llte entities . direct or indirect ownership of at least fifty percent ( 50 % ) of the equity ; nt=1 wilh the power \0 direct the management and policy decisions of such oon - corpornte entities or by OOIlUllCt or otherwise