Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 356

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 356
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 Stock under the Certificate of Designation.

“ Solvency ” shall have the meaning set forth in Section 6.07 hereof.

“ Solvent ” shall have the meaning set forth in Section 6.07 hereof.

“ South Bay Credit Agreement ” shall mean that certain Amended and Restated Credit Agreement, dated as of October 6, 2023, by and among South Bay Acceptance Corporation, a California corporation, and South Bay Funding LLC, a Delaware limited liability company, each a Subsidiary of the Company, the lenders from time to time party thereto and Fifth Third Bank, N.A., as the administrative agent, as amended, restated, amended and restated, modified, waived or supplemented prior to the date hereof.

“ Specified Eligible Common Stockholders ” shall mean all Eligible Common Stockholders other than Company Parent and WP Investor.

“ Specified Reinsurance Contract Event ” shall have the meaning set forth in Section 4.23 hereof.

“ Stock Option ” shall mean an option (or a portion thereof) to acquire shares of Common Stock granted under the Company Equity Plan that is outstanding as of immediately prior to the Effective Time.

“ Stockholder Transmittal Materials ” shall have the meaning set forth in Section 2.03(b) hereof.

“ Stockholder Vote Failure Fee ” shall have the meaning set forth in Section 10.02(c)(iv) hereof.

“ Stockholders’ Agreement ” shall mean that certain Stockholders’ Agreement, dated June 21, 2022, by and among the Company and the investors identified therein.

“ Straddle Period ” shall mean any taxable period that includes (but does not end on) the Closing Date.

“ Subsidiary ” shall mean any entity in which a majority of the outstanding capital stock, voting power or other equity interests is owned by the Company or another Subsidiary of the Company.

“ Subsidiary Shares ” shall mean the shares of capital stock, limited liability company interests or partnership interests of the Company’s Subsidiaries that are owned, directly or indirectly, by the Company.

“ Superior Proposal ” shall mean a bona fide, written Acquisition Proposal (except the references in the definition thereof to “fifteen percent (15%)” will be replaced by “fifty percent (50%)”) that did not result from a material breach of Section 7.10(b) and the Company Parent Board has determined, in good faith, after consultation with its outside legal