; (2) that states an intent to more effectively raise capital commitments in private markets with a license; and (3) that states an intent to more precisely request the desired amount of leverage contingent on securing capital from private market investors. (e) Combined leverage The Administrator may not provide leverage to employee equity investment companies and non-EEIC companies under the facility in a total amount that is more than $5,000,000,000 for a fiscal year. Not more than 20 percent of such total amount may be provided to non-EEIC companies. (f) Transaction requirements (1) In general With respect to a covered investment described in section 103(21)(A) involving a sale to an employee stock ownership plan, an independent trustee for the employee stock ownership plan shall be appointed before the execution of the covered investment for a period of time that is sufficient for the independent trustee to fully evaluate the proposed transaction. (2) Fairness opinion An independent trustee appointed under paragraph (1) shall obtain a fairness opinion on the proposed covered investment from an independent financial advisor, which shall evaluate whether the price, terms, and cost of financing of the proposed covered investment are financially fair to the employee stock ownership plan. (g) Prohibitions (1) Financing (A) In general An employee of a covered small business concern may not provide personal financing of any kind for a covered investment, including through a wage concession or rollover of a retirement plan. (B) Exceptions Subparagraph (A) shall not apply to— (i) financing provided by an employee for the sale of an ownership interest held by the employee in a covered small business concern