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<br />b. For public servants: <br />1. An organized gathering of individuals open to the general public <br />to which at least 10 public servants are invited to attend. <br />2. An organized gathering of a govermnental body, the gathering of <br />which is subject to the open meetings law, and to which at least <br />10 public servants are invited to attend. <br />3. An organized gathering of a person to which at least 10 public <br />servants are invited to attend and to which at least 10 individuals, <br />other than the public servant, or the public. servant's iirunediate <br />family, actually attend, or to which all shareholders, employees, <br />board lnelnbers, officers, lnelnbers, or subscribers of the person <br />who are located in a specific North Carolina office or county are <br />notified and invited to attend. <br />(24) Public servants. - A11 of the following: <br />a. Employees of Orange County holding the position of County <br />Manager, Assistant County Manager, Department Head or holding a <br />position which reports directly to the County Manager. <br />b. All voting lnelnbers of boards, including ex officio lnelnbers. <br />(25) Vested trust. - A trust, annuity, or other funds held by a trustee or other <br />third party for the benefit of the covered person or a member of the covered person's <br />ilrunediate family. A vested trust shall not include a widely held investment fund, <br />including a mutual fund, regulated investment company, or pension or deferred <br />compensation plan, if: <br />a. The covered person or a member of the covered person's ilninediate <br />family neither exercises nor has the ability to exercise control over <br />the financial interests held by the fund; and <br />b. The fund is publicly traded, or the fund's assets are widely <br />diversified. <br />Article 2. <br />Public Disclosure of Economic Interests. <br />Section 1. Purpose. <br />The purpose of disclosure of the financial and personal interests by covered persons <br />is to assist covered persons and those persons who appoint, elect, hire, supervise, or <br />advise theirs identify and avoid conflicts of interest and potential conflicts of interest <br />between .the covered person's private interests and the covered person's public duties. It is <br />critical to this process that current and prospective covered persons examine, evaluate, <br />and disclose those personal and financial interests that could be or cause a conflict of <br />interest or potential conflict of interest between the covered person's private interests and <br />the covered person's public duties. Covered persons must talce an active, thorough, and <br />conscientious role in the disclosure and review process, including having a complete <br />knowledge of how the covered person's public position or duties might impact the <br />covered person's private, interests. Covered persons have an affirmative duty to provide <br />any and all information that a reasonable person would conclude is necessary to carry out <br />4 <br />