Directors of Parent. Immediately after the Effective Time, Parent will take such action as may be necessary to create one additional seat on the Board of Directors of Parent and to cause Jeff▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (▇▇ch individual being referred to herein as the "New Member") to be elected to the Board of Directors of Parent, to serve until his successor is duly elected and qualified. Parent shall take, or cause to be taken, all action necessary to nominate the New Member for election to the Board of Directors of Parent at the 1998 Annual Meeting of Parent Stockholders and, in accordance with its normal solicitation efforts, solicit proxies for his election to such Board of Directors.
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Sources: Agreement and Plan of Merger (Southern Mineral Corp), Merger Agreement (Southern Mineral Corp)
Directors of Parent. Immediately after the Effective Time, Parent will take such action as may be necessary to create one additional seat on the Board of Directors of Parent and to cause Jeff▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (▇▇ch such individual being referred to herein as the "New Member") to be elected to the Board of Directors of Parent, to serve until his successor is duly elected and qualified. Parent shall take, or cause to be taken, all action necessary to nominate the New Member for election to the Board of Directors of Parent at the 1998 Annual Meeting of Parent Stockholders and, in accordance with its normal solicitation efforts, solicit proxies for his election to such Board of Directors.
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