A motion for reconsideration must be based on at least one of the following grounds:

(1) Errors of procedure material to the party seeking reconsideration;

(2) Misinterpretation of fact or law material to the party seeking reconsideration;

(3) Irregularity in the hearing before the board by which the party seeking reconsideration was prevented from having a fair hearing; or

(4) Clerical mistakes in the final decision and order.