UW Research

Sponsor Affiliate

a) An entity that owns directly or indirectly, a controlling interest in a Party, by stock ownership or otherwise;

b) Any entity in which a Party owns a controlling interest, by stock ownership or otherwise; or

c) Any entity under common control with a Party, directly or indirectly; or

d) A sponsor’s subcontractor.

For purposes of this definition, “controlling interest” and “control” mean ownership of more than fifty percent (50%) of the voting stock permitted to vote for the election of the board of directors or any other arrangement resulting in control of or right to control management and affairs of the entity or Party in question.