Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 481

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 481
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 any purpose (except in connection with the
consummation of the transactions contemplated by this Agreement or the Ancillary Documents, performing their obligations hereunder or
thereunder, enforcing their rights hereunder or thereunder, or in furtherance of their authorized duties on behalf of the Purchaser or
its Subsidiaries), nor directly or indirectly disclose, distribute, publish, disseminate or otherwise make available to any third party
any of the Purchaser Confidential Information without Purchaser’s prior written consent; and (ii) in the event that any Company
or any of its respective Representatives, during the Interim Period or, in the event that this Agreement is terminated in accordance with
ARTICLE X, for a period of two (2) years after such termination, becomes legally compelled
to disclose any Purchaser Confidential Information, (A) provide the Purchaser to the extent legally permitted with prompt written notice
of such requirement so that the Purchaser or an Affiliate thereof may seek, at Purchaser’s cost, a protective Order or other remedy
or waive compliance with this Section 7.16(a), and (B) in the event that such protective
Order or other remedy is not obtained, or the Purchaser waives compliance with this Section 7.16(a),
furnish only that portion of such Purchaser Confidential Information which is legally required to be provided as advised in writing by
outside counsel and to exercise its commercially reasonable efforts to obtain assurances that confidential treatment will be accorded
such Purchaser Confidential Information. In the event that this Agreement is terminated and the transactions contemplated hereby are not
consummated, each Company shall, and shall cause their respective Representatives to, promptly deliver to Purchaser or destroy (at the
applicable Company’s election) any and all copies (in whatever form or medium) of Purchaser Confidential Information and destroy
all notes, memoranda, summaries, analyses, compilations and other writings related thereto or based thereon; provided, however,
that each Company and its respective Representatives shall be entitled to keep any records required by applicable Law or bona fide record
retention policies; and provided, further, that any Purchaser Confidential Information that is not returned or destroyed shall
remain subject to the confidentiality obligations set forth in this Agreement.

<div align='center'>A-64</div>

(b) Purchaser hereby agrees
that during the Interim Period and, in the event that this Agreement is terminated in accordance with ARTICLE X, for a period of two (2