Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 20

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 20
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 the employer portion of any employment, payroll or similar taxes attributable to payment of Equity Award Closing Merger Consideration to holders of Fortegra equity awards; (c) any amounts due and payable by a Group Company to any present or former service provider for any change in control, retention or similar transaction payments or bonuses, severance, termination or other similar arrangement or payment triggered solely as a result of the consummation of the transactions contemplated by the Merger Agreement (including any termination of employment, other than a termination of employment initiated by Purchaser or any of its affiliates (including the surviving corporation) after the closing), including, for the avoidance of doubt, the transaction bonuses and payments made pursuant to the retention program, in each case, that are contemplated by the applicable section of the disclosure schedule, together with the employer portion of any employment, payroll or similar taxes attributable to such amounts; (d) the Other Change of Control Consent Fees Amount (as defined in this proxy statement); (e) 50% of any premiums, fees and expenses to procure the D&O Insurance (as defined in this proxy statement) referenced in the Merger Agreement; (f) 50% of all Transfer Taxes (as defined in this proxy statement); and (g) 50% of all antitrust, competition and foreign direct investment filing fees, including the HSR and CFIUS filing fees. For the avoidance of doubt, Transaction Expenses does not include (i) issuances and payments in respect of equity interests to directors, managers, officers, employees or consultants of Fortegra or any of its Subsidiaries or (ii) any increase in the salary, wages, bonuses or other compensation or benefits payable to any current or former director, officer, employee or consultants of Fortegra or any of its Subsidiaries, in each case in the ordinary course.

#### Additional Leakage (Page76)
Purchaser is required to provide written notice to the Equityholders’ Representatives of the amount of any Leakage (without duplication of any Leakage included in the calculation of the Aggregate Closing Purchase Price as a reduction thereto) plus interest on such Leakage calculated at the annual rate of the prime rate, as published in The Wall Street Journal in effect on the closing date, from (and including) the closing date to (but excluding) the date of such payment to the Purchaser (the “Additional Leakage” and such notice, the “Additional Leakage Notice”). Purchaser will only be entitled to deliver an Additional Leakage Notice during the period starting on the closing