Common use of Parent Board of Directors Clause in Contracts

Parent Board of Directors. At the Effective Time, Parent shall cause one then existing member of the Company’s board of directors (selected by the Company and reasonably acceptable to Parent) to be elected to the board of directors of Parent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cal Dive International Inc), Agreement and Plan of Merger (Remington Oil & Gas Corp)

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Parent Board of Directors. At the Effective Time, Parent shall cause one then existing member of the Company’s board 's Board of directors (Directors selected by the Company and reasonably acceptable to Parent) Parent to be elected to the board Board of directors Directors of Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cimarex Energy Co)

Parent Board of Directors. At the Effective Time, Parent shall cause one then existing member of the Company’s board Board of directors (Directors selected by the Company and reasonably acceptable to Parent) Parent to be elected to the board Board of directors Directors of Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Magnum Hunter Resources Inc)

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Parent Board of Directors. At the Effective Time, Parent shall take all requisite action to cause one then existing member of the Company’s board current independent members of directors (the Company Board mutually selected by Parent and the Company and reasonably acceptable to Parent) to be elected appointed as a director to the board Board of directors Directors of Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Shurgard Storage Centers Inc)

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