; or (ii) been a director, officer, or employee of the covered small business concern; (C) has not performed services for or on behalf of the covered small business concern at any time during the 5-year period ending on the date of execution of the transaction the trustee is considering, unless such services solely consisted of acting as a fiduciary of an employee benefit plan (including an employee stock ownership plan) under the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. 1001 et seq. ); (D) has not performed services related to the transaction the trustee is considering, for or on behalf of— (i) the employee equity investment company that is preparing to or has already allocated capital to the covered small business; or (ii) any other entity that is structuring or financing the transaction for any party other than the employee stock ownership plan; and (E) does not have a familial or corporate relationship (such as a parent-subsidiary relationship) to any person or entity described in subparagraph (B), (C), or (D); (27) the term independent financial advisor means a financial or valuation advisor that— (A) is in the profession of serving as a financial or valuation advisor for transactions involving employee stock ownership plans; (B) has never— (i) performed services, including a preliminary valuation, for or on behalf of— (I) any party selling an ownership interest in the covered small business concern to the employee stock ownership plan involved in the transaction the advisor is evaluating; or (II) the covered small business concern, unless the services were provided solely to an existing employee stock ownership plan sponsored by the covered small business concern; or (ii) been a director, officer, or employee of the covered small business concern