Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 432

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 432
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 the passage of time or giving of notice or both would constitute a material breach or default by such Company, or permit
termination or acceleration by the other party thereto, under such Company Material Contract; (iv) to the Knowledge of the Company, no
other party to such Company Material Contract is in breach or default in any material respect, and no event has occurred that with the
passage of time or giving of notice or both would constitute such a material breach or default by such other party, or permit termination
or acceleration by the Company, under such Company Material Contract; (v) such Company has received neither written nor, to the Company’s
Knowledge, oral notice of an intention by any party to any such Company Material Contract that provides for a continuing obligation by
any party thereto to terminate such Company Material Contract or amend the terms thereof, other than modifications in the ordinary course
of business that do not adversely affect such Company in any material respect; and (vi) such Company has not waived any material rights
under any such Company Material Contract, except as would not be material to such Company.

4.13 Intellectual Property.

(a) Schedule 4.13(a)(i) sets
forth: (i) all registered Patents, Trademarks, Copyrights and Internet Assets and applications owned or licensed by the Company or otherwise
used or held for use by such Company in which such Company is the owner, applicant or assignee (“Company Registered IP”),
specifying as to each item, as applicable: (A) the nature of the item, including the title, (B) the record owner and inventor(s), if any,
(C) the jurisdictions in which the item is issued or registered or in which an application for issuance or registration has been filed
and (D) the issuance, registration or application serial numbers and dates of filing, as well as the current status; (ii) all material
unregistered Intellectual Property owned or purported to be owned by such Company; (iii) all proprietary Software owned or purported to
be owned by such Company; and (iv) all other Intellectual Property used or held for use by such Company in such Company’s business
as currently conducted and as proposed to be conducted. Schedule 4.13(a)(ii) sets forth all Intellectual Property licenses, sublicenses
and other agreements or permissions (“Company IP Licenses”) (other than “shrink wrap,” “click
wrap,” and “off the shelf” software agreements and other agreements for Software commercially available on