Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 208

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 208
---
 be made through the date such payment was actually received, or such lesser rate as is the maximum permitted by law.

Purchaser and Merger Sub have agreed that, upon any valid termination of the Merger Agreement under circumstances where the termination fee and/or the Stockholder Vote Failure Fee is payable by Fortegra or Tiptree pursuant to the terms of the Merger Agreement and such termination fee and/or Stockholder Vote Failure Fee (plus any costs and expenses and interest thereon pursuant to the terms of the Merger Agreement) is paid in full, Purchaser, Merger Sub and any of their respective former, current or future directors, officers, employees, partners, managers, members, stockholders or affiliates or their respective representatives (collectively, the “Purchaser Related Parties”) will be precluded from, and each has waived, any other remedy against Fortegra and Tiptree, at law or in equity or otherwise, and none of Purchaser or Merger Sub will seek to obtain any recovery, judgment or damages of any kind, including consequential, indirect or punitive damages, against Fortegra or Tiptree, as applicable, or any of their respective subsidiaries or any of their respective former, current or future directors, officers, employees, partners, managers, members, stockholders or affiliates or their respective representatives (collectively, the “Fortegra Related Parties”) in connection with the Merger Agreement or the transactions contemplated thereby, and that Purchaser’s right to receive payment of the termination fee and/or the Stockholder Vote Failure Fee pursuant to terms of the Merger Agreement (plus any costs and expenses and interest thereon pursuant to the terms of the Merger Agreement) will constitute the sole and exclusive remedy of Purchaser Related Parties for all losses and damages suffered as a result of the failure of the transactions contemplated by the Merger Agreement to be consummated or for a breach or failure to perform hereunder or otherwise, and upon payment of such amount, none of the Fortegra Related Parties will have any further liability or obligation relating to or arising out of the Merger Agreement or the transactions contemplated thereby.

Purchaser and Merger Sub have agreed that, upon any valid termination of the Merger Agreement under circumstances where the termination fee and/or the Stockholder Vote Failure Fee is payable by Fortegra or Tiptree, as applicable, pursuant to the terms of the Merger Agreement and such termination fee and/or Stockholder Vote Failure Fee (plus any costs and expenses and interest thereon pursuant to the terms of the Mer