; or (II) the talent representative is representing or managing artists and entertainers. (iii) The venues at which the live venue operator or producer or promoter promotes, produces, manages, or hosts events described in paragraph (4)(A)(i) or the artists and entertainers represented or managed by the talent representative perform have the following characteristics: (I) A defined performance and audience space. (II) Mixing equipment, a public address system, and a lighting rig. (III) Engages 1 or more individuals to carry out not less than 2 of the following roles: (aa) A sound engineer. (bb) A booker. (cc) A promoter. (dd) A stage manager. (ee) Security personnel. (ff) A box office manager. (IV) There is a paid ticket or cover charge to attend most performances and artists are paid fairly and do not play for free or solely for tips, except for legitimate fundraisers or similar charitable events. (V) For a venue owned or operated by a nonprofit entity that produces free events, the events are produced and managed by paid employees, not by volunteers. (VI) Performances are marketed through listings in printed or electronic publications, on websites, by mass email, or on social media. (iv) The live venue operator or producer or promoter or the talent representative does not have, or is not majority owned or controlled by an entity with, more than 1 of the following characteristics: (I) Being an issuer, the securities of which are listed on a national securities exchange. (II) Owning or operating venues or talent agencies or talent management companies with offices in more than 1 country. (III) Owning or operating venues in more than 10 States. (IV) Employing more than 500 employees, determined on a full-time equivalent basis in accordance with subparagraph (B). (V) Receiving more than 10 percent of gross revenue from Federal funding. (B) Calculation of full-time employees For purposes of determining the number of full-time equivalent employees under subparagraph (A)(iv)(IV)— (i) any employee working not fewer than