Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 509

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 509
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 the meaning specified in Section 1.1(a).

“Company”
has the meaning specified in the Preamble hereto.

“Company Benefit Plan”
has the meaning specified in Section 4.19(a).

“Company Certificates”
has the meaning specified in Section 1.8(c).

“Company Common Stock”
means the common stock, par value $0.0001 per share, of the Company, as applicable.

“Company Confidential Information” means all confidential or proprietary documents and information concerning the Company or its Representatives,
furnished in connection with this Agreement or the transactions contemplated hereby; provided, however, that Company Confidential
Information shall not include any information which, (i) is generally available publicly and was not disclosed in breach of this Agreement
or (ii) at the time of the disclosure by the Company or its Representatives to the Purchaser or its Representatives was previously known
by such receiving party without violation of Law or any confidentiality obligation by the Person that disclosed such Company Confidential
Information to the receiving party.

“Company Common Stock Warrants” means the warrants issued by the Company to purchase Company Common Stock, in accordance with the terms of the
applicable warrant agreement, issued and outstanding and unexpired immediately prior to the First Effective Time.

“Company Disclosure Schedules” has the meaning specified in ARTICLE IV.

“Company Financials”
has the meaning specified in Section 4.7(a).

“Company Intellectual Property” means all Intellectual Property that is owned or exclusively licensed by the Company or any of its Subsidiaries
and includes without limitation all of the Company Registered IP.

“Company IP Agreements”
means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to sue, waivers, releases,
permissions and other Contracts, whether written or oral, relating to the Intellectual Property to which the Company or any of its Subsidiaries
is a party, beneficiary or otherwise bound.

<div align='center'>A-84</div>

“Company IP Licenses”
has the meaning specified in Section 4.13(a).

“Company Material Contract” has the meaning specified in Section 4.12(a).

“Company Permit”
has the meaning specified in Section 4.10.

“Company Personal Property Lease” has the meaning specified in Section 4.16.

“Company Real Property Lease” has the meaning specified in Section 4.15.

“Company Registered IP” has the meaning specified in Section 4.13(a).

“Company Securities”
means,