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4 <br />h. Proprietorship. <br />i. Vested trust. <br />j. Every other business interest, including ownership or use of land for <br />income. <br />(3) Business with which associated. - A business in which the person or any <br />member of the person's immediate family does any of the following: <br />a. Is an employee. <br />b. Holds a position as a director, officer, partner, proprietor, or member <br />or manager of a limited liability company, irrespective of the amount <br />of compensation received or the amount of the interest owned. <br />c. Owns a legal, equitable, or beneficial interest of ten thousand dollars <br />($10,000) or more in the business or five percent (5%) of the <br />business, whichever is less, other than as a trustee on a deed of trust. <br />For purposes of this subdivision, the term 'business' shall not include a <br />widely held investment fund, including a mutual fund, regulated investment <br />company, or pension or deferred compensation plan, if all of the following apply: <br />a. The person or a member of the person's immediate family neither <br />exercises nor has the ability to exercise control over the financial <br />interests held by the fund. <br />b. The fund is publicly traded, or the fund's assets are widely <br />diversified. <br />(4) Compensation. -Any money, thing of value, or economic benefit <br />conferred on or received by any person in return for services rendered or to be <br />rendered by that person or another. This term does not include campaign <br />contributions properly received and, reported as required by Article 22A of Chapter <br />163 of the General Statutes. <br />(5) Confidential information. -Information defined as confidential by the <br />law. <br />(6) Contract. -Any agreement, including sales and conveyances of real and <br />personal property, and agreements for the performance of services. <br />(7) Covered person. - An Orange County Commissioner or a public servant. <br />(8) County or the County. -Orange County, North Carolina. <br />(9) Economic interest. -Matters involving a business with which associated <br />or a nonprofit corporation or organization with which associated. <br />(10) Extended family. -Spouse, domestic partner as defined in the County's <br />Personnel Ordinance, lineal descendant, lineal ascendant, sibling, spouse's or <br />domestic partner's lineal ascendant, spouse's or domestic partner's lineal <br />descendant, spouse's or domestic partner's sibling, and the spouse of any of these <br />persons. <br />(ll) Filing person. - A person required to file a statement of economic interest <br />as prescribed in this Policy. <br />(12) Gift. -Anything of monetary value given or received without valuable <br />consideration by or from a lobbyist, lobbyist principal, or a person described under <br />