Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 353

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 353
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ictive Covenant Agreement ” shall have the meaning set forth in the Recitals hereof.

“ RSU Award ” shall mean a restricted stock unit award granted under the Company Equity Plan that is outstanding as of immediately prior to the Effective Time.

“ RWI Policy ” shall mean that certain representation and warranty insurance policy currently contemplated to be issued by Ryan Transactional Risk, as managing general underwriter for Arch Specialty Insurance Company, Zurich, Nationwide, Convex Insurance UK Limited, QBE UK Limited and certain Lloyd’s of London syndicates, and bound as of the date of this Agreement (including any policies issued as specifically excess thereto, if any).

“ SEC ” shall mean the United States Securities and Exchange Commission.

“ Second Request ” shall have the meaning set forth in Section 7.04(c) hereof.

“ Section 262 ” shall have the meaning set forth in Section 2.03(h) hereof.

“ Securities Act ” shall mean the U.S. Securities Act of 1933, as amended, and the applicable rules and regulations thereunder.

“ Series A Aggregate Liquidation Preference ” shall mean the amount equal to the product of (a) the total number of shares of Series A Preferred Stock issued and outstanding immediately prior to the Effective Time (other than any shares of Series A Preferred Stock held by the Company or the Subsidiaries), if any, multiplied by the Series A Liquidation Preference.

“ Series A Liquidation Preference ” shall mean an amount per share of Series A Preferred Stock equal to the greater of (a) the Series A Original Issue Price, plus any Accruing Dividends accrued but unpaid thereon, whether or not declared, together with any other dividends declared but unpaid thereon, and (b) the amount of the Aggregate Closing Purchase Price that a holder of such share of Series A Preferred Stock would have been entitled to receive if such share of Series A Preferred Stock were converted into Common Stock immediately prior to the Effective Time (the amount described in this clause (b) , the “ As-Converted Amount ”).

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“ Series A Original Issue Price ” shall mean $15.00 per share of Series A Preferred Stock (subject to appropriate adjustment in the event of any share dividend, share split, share combination or other similar recapitalization with respect to the Series A Preferred Stock, if applicable).

“ Series A Preferred Stock ” shall mean the series of Preferred Stock, par value $0.01 per share