Board of Advisors. The Company shall establish and maintain at all times a Board of Advisors (the “Advisory Board”). Rakuten USA, Inc. (“Rakuten”) shall be entitled to designate one (1) member of the Company’s Board of Advisors (such member, the “Rakuten Designee”) so long as Rakuten (together with its Affiliates) continues to beneficially own at least 3,359,335 shares of Series C Stock (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).
Appears in 2 contracts
Sources: Investor Rights Agreement, Investor Rights Agreement (Pinterest, Inc.)