serve a two-year term. The Commissioner that shall draw the number 9 shall serve a oneyear term. (f) In the event that a vacancy arises on the Board due to the death, resignation, or removal of a Commissioner or upon the expiration of a Commissioner’s term, the President shall fill such vacancy in accordance with the appointment process contained in subsection (a) of this section. (g) Commissioners shall be entitled to compensation for their service at a rate to be set by law by the Parliament, but in no event less than the amount paid to a Minister. A Commissioner’s compensation shall not be reduced during his term in office, but may be increased. (h) A Commissioner may only be removed from office upon a two-thirds vote of the Transitional Federal Parliament, or its successor institution. Such removal may only occur for the following reasons: (i) The Commissioner’s incapacity to perform his duties due to illness; (ii) The Commissioner’s conviction by a court of competent jurisdiction of a crime punishable by a term of imprisonment (regardless of whether the court shall impose a sentence of imprisonment); (iii) The Commissioner’s knowing and continued violation of the conflict of interest provisions of this Act. Sec. 303 (a) The Board shall meet at least once per month in order to consider the business of the Commission and to hear such reports as the Director General and staff of the Commission may present. (b) The Chairman shall have the power to schedule meetings, upon not less than fourteen days’ advance notice to the Board and to the public; provided, however, that in the event of exigent circumstances that require that the Board meet upon less than fourteen days’ advance notice the Chairman may call such a meeting of the Board with the concurrence of at least five other Commissioners. A quorum to conduct the business of the Board shall consist of a majority of the number of members of the Board then serving. In the absence of the Chairman, the Chairman may designate another Commissioner to act as Chairman. In the event of the death, resignation, or removal of the Chairman, the remaining Commissioners may, by majority vote, designate one of their number to act as Chairman pending an appointment of a new Chairman by the President. 10