Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 487

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 487
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 in the other Transaction Documents, (y) agrees that such agency, proxy and attorney-in-fact are coupled with an interest and therefore irrevocable without the consent of the Equityholders’ Representatives, and shall be binding upon the successors, heirs, executors, administers and representatives of each Equityholder and shall not be affected by, and shall survive, the death, incapacity, bankruptcy, dissolution or liquidation of any Equityholder and (z) agrees to indemnify and hold harmless the Equityholders’ Representatives and their respective partners, managers, officers, agents and other Representatives from and against any losses, liabilities, expenses (including reasonable attorneys’ fees), judgments, fines and amounts incurred by such Persons arising out of actions taken or omitted to be taken in the Equityholders’ Representatives’ capacity as the Equityholders’ Representatives (except for those arising out of such Equityholders’ Representative’s willful misconduct), including the costs and expenses of investigation and defense of claims. All decisions, actions, consents and instructions by the Equityholders’ Representatives shall be final and binding upon all of the Equityholders, and no Equityholder shall have the right to object to, dissent from, protest or otherwise contest any such decision, action, consent or instruction in accordance with the terms of this Agreement. Following the Closing, Purchaser and the Surviving Corporation shall be entitled to rely on any decision, action, consent or instruction of the Equityholders’ Representatives as being the decision, action, consent or instruction of the Equityholders.

(b) The Equityholders’ Representatives shall have such powers and authority as are necessary to carry out the functions assigned to them under this Agreement. Without limiting the generality of the foregoing, the Equityholders’ Representatives shall have full power, authority and discretion to, on behalf of each Equityholder, (i) negotiate disputes arising under, or relating to, this Agreement and the other Transaction Documents, (ii) execute and deliver all documents contemplated herein, any amendment or waiver to this Agreement or the ancillary agreements contemplated hereby (without the prior approval of the Equityholders), and any consents, in each case, with such modifications or changes as to which the Equityholders’ Representatives, in their sole discretion, determine is desirable and (iii) take all other actions to be taken by or on behalf of the Equityholders in connection with this and the ancillary agreements contemplated hereby. The Equityholders’ Representatives shall have no duties or obligations hereunder, including any fiduciary duties, except those set forth herein, and