Company: PELI
Filing Date: 2025-10-30
Form Type: S-4
Source: 0001829126-25-008609
Chunk: 520

Company: Pelican Acquisition Corp
Filing Date: 2025-10-30
Form: S-4
Chunk 520
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has the meaning specified in Section 13.1(a).

“Post-Closing Holdco Board” has the meaning specified in Section 1.11.

“Privacy Laws”
means all applicable United States state and federal Laws, and the Laws of applicable jurisdictions, relating to privacy and protection
of Personal Data and/or Protected Health Information, including the General Data Protection Regulation, the Health Insurance Portability
and Accountability Act of 1996; the Health Information Technology for Economic and Clinical Health Act; and any and all similar state
and federal Laws relating to privacy, security, data protection, data availability and destruction and data breach, including security
incident notification.

“Pro Rata Share”
means, with respect to each Company Shareholder, a fraction expressed as a percentage equal to (i) the number of shares of Company Common
held by such Company Shareholder, divided by (ii) the total number of shares of Company Common Stock outstanding (as applicable to each
of March GL and Greenland), which shall be calculated individually for March GL and Greenland for the purpose of allocating March GL Merger
Consideration and Greenland Company Merger Consideration.

“Proceeding”
or “Action” means any notice of noncompliance or violation, or any claim, demand, action, suit, proceeding,
complaint (including a qui tamcomplaint), claim, charge, hearing, litigation, audit, settlement, labor dispute, inquiry, civil
investigative demand, subpoena, stipulation, assessment, arbitration, demand for recoupment or revocation, or any request (including any
request for information) or investigation before or by a Governmental Authority or an arbitrator.

“Protected Health Information” has the meaning given to such term under the Privacy Laws, including all such information in electronic form.

“Proxy Statement”
has the meaning specified in Section 7.14(a).

“Public Certifications”
has the meaning specified in Section 3.6(a).

“Public Shareholders”
has the meaning specified in Section 11.1.

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

“Purchaser Confidential Information” means all material non-public information and confidential or proprietary documents and information concerning
the Purchaser, Holdco, Pelican Merger Sub, Greenland Merger Sub or any of their Representatives; provided, however, that Purchaser
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