; (ii) in clause (ii), by striking and at the end; (iii) in clause (iii), by striking the period at the end and inserting , and ; and (iv) by adding at the end the following: (iv) with respect to a loan made to a trust, or to a cooperative in accordance with paragraph (35)— (I) a seller of the small business concern may remain involved as an officer, director, or key employee of the small business concern when a qualified employee trust or cooperative has acquired 100 percent of ownership of the small business concern; and (II) any seller of the small business concern who remains as an owner of the small business concern, regardless of the percentage of ownership interest, shall be required to provide a personal guarantee by the Administration. ; and (C) by adding at the end the following: (F) A small business concern that makes a loan to a qualified employee trust under subparagraph (A)(ii) is not required to contain the same terms and conditions as the loan made to the small business concern that is guaranteed by the Administration under such subparagraph. (G) With respect to a loan made to a qualified employee trust under this paragraph, or to a cooperative in accordance with paragraph (35), the Administrator may, as determined appropriate by the Administrator, elect to not require any mandatory equity to be provided by the qualified employee trust or cooperative to make the loan.