Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 201

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 201
---
 • | the formation of Merger Sub, and the Merger Sub Joinder remaining in full force and effect; |

| • | Purchaser and Merger Sub having delivered to Fortegra a certificate, dated as of the closing date, executed by a duly authorized officer of each of Purchaser and Merger Sub, certifying to the satisfaction of the conditions set forth in the first and second bullets above; and |

| • | Purchaser or Merger Sub having made the payments set forth in Section 3.04 of the Merger Agreement. |

No party may rely on the failure of any closing condition to be satisfied if such failure resulted from such party’s failure to use its reasonable best efforts to cause the closing to occur or to satisfy its obligations to obtain required consents and regulatory approvals pursuant to the Merger Agreement. Termination of the Merger Agreement Termination The Merger Agreement may be terminated and the transactions contemplated thereby may be abandoned at any time prior to the closing:

| • | by mutual written agreement of Purchaser and Fortegra; |

| • | by either Purchaser or Fortegra, if any restraint of the type set forth in the No Injunctions or Legal Prohibitions Conditions has become final and non-appealable; provided, that the right to terminate the Merger Agreement pursuant to this paragraph will not be available to any party whose failure (or Tiptree’s failure, in the event Fortegra is seeking to terminate the Merger Agreement) to fulfill any obligation under the Merger Agreement was a material cause of, or resulted in, the occurrence of such restraint; provided, further, that the party seeking to terminate the Merger Agreement pursuant to this paragraph must have used the efforts required by the Merger Agreement to remove such restraint; |

| • | by Purchaser, by written notice to Fortegra, if Fortegra or Tiptree has breached or failed to perform any of its covenants or other agreements set forth in the Merger Agreement or if any representation of Fortegra or Tiptree contained in the Merger Agreement is or has become inaccurate, in either case such that both (i) any condition to Purchaser’s obligations to effect the closing pertaining to the accuracy of representations and warranties of Fortegra and Tiptree, Fortegra and Tiptree’s performance and compliance with the covenants in the Merger Agreement or Fortegra and Tiptree’s delivery of the required closing certificate would not be satisfied as of the time of such breach or failure or as