Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 109

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 109
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 the Merger Agreement; |

| • | the possibility, under specified circumstances, that Tiptree or Fortegra, as applicable, may be required to pay Purchaser a termination fee upon the termination of the Merger Agreement, as described under “The Merger Agreement—Termination of the Merger Agreement—Termination Fee” beginning on page105, although the Tiptree Board was of the view that the amount of the termination fee ($49,500,000), which would be payable by Tiptree or Fortegra, as applicable, under limited circumstances, as further described in the section of this proxy statement entitled “The Merger Agreement—Termination of the Merger Agreement—Termination Fee” beginning on page105, is reasonable; |

| • | the possibility that, if the Merger Agreement is validly terminated by Purchaser due to a failure to obtain the Tiptree stockholder approval at the special meeting (including any postponement or adjournment thereof), where the termination fee is not otherwise payable pursuant to the terms of the Merger Agreement, then Tiptree may be obligated to pay Purchaser $8,250,000 (the “Stockholder Vote Failure Fee”), as further described in the section of this proxy statement entitled “The Merger Agreement—Termination of the Merger Agreement—Termination Fee” beginning on page105, although the Tiptree Board was of the view that the amount of the Stockholder Vote Failure Fee is reasonable; |

| • | the possibility that, if the Tiptree stockholder approval is not received, there may not be any other offers to acquire Fortegra or to engage in another alternative transaction that Tiptree determines to be attractive; |

| • | the risk of potential litigation relating to the Merger that could be instituted against Tiptree or its directors and officers, and the potential effects of any outcomes related thereto; |

| • | the significant expenses involved in connection with negotiating the Merger Agreement and completing the Merger, including in connection with any litigation that may result from the announcement, pendency or completion of the Merger; |

| • | the substantial management time and effort required to effectuate the Merger, and the related disruption to Tiptree’s and Fortegra’s day-to-day operations during the pendency of the Merger; |

| • | the restrictions imposed by the Merger Agreement on the conduct of Fortegra’s business prior to the consummation of the Merger; |

| • | the potential