; or (ii) been a director, officer, or employee of the covered small business concern; (C) has not performed services related to the transaction the advisor is evaluating, including a preliminary valuation, 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 (D) does not have a familial or corporate relationship (such as a parent-subsidiary relationship) to any of person or entity described in subparagraph (B) or (C); (28) the term non-EEIC company means a small business investment company that— (A) is licensed under section 301; (B) is selected to receive leverage from the facility established under section 321; and (C) is not an employee equity investment company; (29) the term outstanding stock means shares of stock, including synthetic equity; (30) the term Protege EEIC means an entity licensed under section 301 as an employee equity investment company and selected in accordance with section 322(c)— (A) for which the managers of the firm have a documented record of successful business experience; and (B) that has an investment track record that does not meet the requirements to be licensed under section 301