Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 403

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 403
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 Stock represented by the Certificates alleged to have been lost, stolen or destroyed. Any
Lost Certificate Affidavit properly delivered in accordance with this Section 1.8(f) shall
be treated as a Company Certificate for all purposes of this Agreement.

(g) After the March GL Merger
Effective Time, there shall be no further registration of transfers of Company Common Stock. If, after the March GL Merger Effective Time,
the Transmittal Documents are presented to Holdco, the Purchaser or the Exchange Agent, the Company Common Stock and any Company Certificates
representing such Company Common Stock shall be canceled and exchanged for the applicable portion of the Merger Consideration, and in
accordance with the procedures set forth in this Section 1.8. No dividends or other distributions
declared or made after the date of this Agreement with respect to Holdco Common Stock with a record date after the March GL Merger Effective
Time will be paid to the holders of any Company Common Stock that has not yet been surrendered with respect to the Holdco Common Stock
to be issued upon surrender thereof until the holders of record of such Company Common Stock shall surrender the Company Certificates,
if any (or provide a Lost Certificate Affidavit), and/or provide the other Transmittal Documents. Subject to applicable Law, following
surrender of any such Company Certificates, if any (or delivery of a Lost Certificate Affidavit), and/or delivery of the other Transmittal
Documents, Holdco shall promptly deliver to the record holders thereof, without interest, the certificates (if any) representing the Holdco
Common Stock issued in exchange therefor and the amount of any such dividends or other distributions with a record date after the March
GL Merger Effective Time theretofore paid with respect to such Holdco Common Stock.

<div align='center'>A-10</div>

(h) All securities issued upon
the surrender of Company Securities or Purchaser Securities in accordance with the terms hereof shall be deemed to have been issued in
full satisfaction of all rights pertaining to such Company Securities or Purchaser Securities. Any portion of the Merger Consideration
made available to the Exchange Agent pursuant to Section 1.8 that remains unclaimed by
Company Shareholders two (2) years after the March GL Merger Effective Time shall be returned to Holdco, upon demand, and any such Company
Shareholder who has not exchanged its Company Common Stock for the applicable portion of the Merger Consideration