; or (II) may be employed by the advisory committee during the 6-year period beginning on the date on which the registered lobbyist terminates its registration in accordance with section 4(d) of the Lobbying Disclosure Act of 1995 ( 2 U.S.C. 1603(d) ) or the agent terminates its status, as applicable. (ii) Senior executives of law-breaking companies No former senior executive of a covered entity (as defined in clause (iii))— (I) may be appointed to the Advisory Committee; or (II) may be employed by the Advisory Committee during the 6-year period beginning on the later of— (aa) the date of the settlement described in item (aa) of clause (iii)(II); or (bb) the date on which the enforcement action described in item (bb) of such clause has concluded. (iii) Covered entity The term covered entity means any entity that is— (I) a drug manufacturer; and (II) (aa) operating under Federal settlement including a Federal consent decree