Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 510

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 510
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 collectively, the Company Common Stock, the Company Common Stock Warrants and any other securities of either Company.

“Company Security Holders” means, collectively, the holders of Company Securities prior to the Greenland Merger Effective Time.

“Company Shareholder”
means, collectively, in the case of Greenland, the holders of Greenland Common Stock prior to the Greenland Merger Effective Time and,
in the case of March GL, the holders of March GL Common Stock prior to the March GL Merger Effective Time.

“Consent”
means any consent, approval, waiver, authorization or Permit of, or notice to or declaration or filing with any Governmental Authority
or any other Person.

“Contracts”
means all contracts, agreements, binding arrangements, bonds, notes, indentures, mortgages, debt instruments, purchase order, licenses
(and all other contracts, agreements or binding arrangements concerning Intellectual Property), franchises, leases and other instruments
or obligations of any kind, written or oral (including any amendments and other modifications thereto).

“Contribution Agreement”
means that certain agreement between Holdco and March GL pursuant to which, immediately following the consummation of the March GL Merger
on the Closing Date and in accordance with the applicable provisions of the TBOC, Holdco will contribute the March GL Common Stock to
Greenland, resulting in March GL becoming a wholly-owned subsidiary of Greenland.

“Control”
of a Person means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies
of such Person, whether through the ownership of voting securities, by contract, or otherwise. “Controlled,” “Controlling”
and “under common Control with” have correlative meanings. Without limiting the foregoing a Person (the “Controlled Person”) shall be deemed Controlled by (a) any other Person (i) owning beneficially, as meant in Rule 13d-3 under the
Exchange Act, securities entitling such Person to cast ten percent (10%) or more of the votes for election of directors or equivalent
governing authority of the Controlled Person or (ii) entitled to be allocated or receive ten percent (10%) or more of the profits, losses,
or distributions of the Controlled Person; (b) an officer, director, general partner, partner (other than a limited partner), manager,
or member (other than a member having no management authority that is not a Person described in clause (a) above) of the Controlled Person;
or (c) a spouse, parent