; (B) is, or has been within the preceding 2 years, a Member of Congress; (C) is an elected official serving in a State, local, or Tribal government; (D) is an officer or employee of the Federal Government or any State, local, or Tribal government; (E) is a director, officer, trustee, agent, or employee of— (i) a bargaining agent that represents employees of the Corporation; (ii) an entity that has a material interest as a supplier, client, or user of the Corporation’s services; or (iii) any of the entities determined under section 90305(c); (F) receives any form of compensation or material benefit from an entity that has a material interest as a supplier, client, or user of the Corporation’s services, excluding compensation from a defined benefit plan resulting from the individual’s past employment; or (G) has or holds any other fiduciary duty, legal obligation, office, employed position, or material interest that would prevent the individual from satisfying the requirements of subsection (a) under the applicable laws of the State in which the Corporation is incorporated. (3) Exception Subparagraphs (C) and (D) of paragraph (2) shall not apply to an individual solely because the individual is an elected member of a school board or is employed by an institution of higher education (as defined in section 101 of the Higher Education Act of 1965 ( 20 U.S.C. 1001 )). (c) Breach of fiduciary duty to Corporation (1) In general The Board shall remove any Director who breaches a fiduciary duty to the Corporation— (A) pursuant to procedures to be established in the bylaws of the Corporation