Chair of the Board. So long as RT beneficially owns, in the aggregate, 15% or more of the shares of Common Stock, the Company’s Chief Executive Officer shall not be the Chair of the Board at the same time and RT-Icon shall have the right to designate the Chair of the Board from among the RT Designees.
Appears in 2 contracts
Samples: Investor Rights Agreement (PLBY Group, Inc.), Investor Rights Agreement (Mountain Crest Acquisition Corp.)