What is the version of the following sentence with correct punctuation?

2 If a DB member does not act timely and efficiently or if the members other duties according to the Rules are not fulfilled a party may request the Chairmans Committee to decide whether the member shall be replaced
(2) If a DB member does not act timely and efficiently, or if the member's other duties according to the Rules are not fulfilled, a party may request the Chairman's Committee to decide whether the member shall be replaced.