Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 203

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 203
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 compliance with the covenants in the Merger Agreement or Fortegra and Tiptree’s delivery of the required closing certificate (other than those conditions which by their terms are to be satisfied at the closing, but subject to such conditions being capable of being satisfied at the closing) not being satisfied; |

| • | by Tiptree, if at any time prior to the receipt of the Tiptree stockholder approval, in order to substantially concurrently enter into an agreement to effect a superior proposal in compliance with Tiptree’s non-solicitation obligations under the Merger Agreement; provided, that (i) Tiptree has complied in all material respects with Tiptree’s non-solicitation obligations under the Merger Agreement with respect to such superior proposal, and (ii) Fortegra (or, in certain circumstances, Tiptree) pays to Purchaser the termination fee payable pursuant to the Merger Agreement; |

| • | by Purchaser, if the Fortegra stockholder approval is not executed and delivered to Purchaser within one business day following receipt of the Tiptree stockholder approval; provided, however, that the right to terminate the Merger Agreement under this paragraph in no event may be exercised once the Fortegra stockholder approval has been delivered; |

| • | by Purchaser, if an adverse recommendation change has occurred; provided, that Purchaser exercises the right to terminate the Merger Agreement pursuant to this paragraph prior to obtaining the Tiptree stockholder approval; |

| • | by Purchaser, if the condition that since the date of the Merger Agreement, no facts, events, changes, developments or effects have occurred that, individually or in the aggregate, constitute a Material Adverse Effect, is not satisfied or capable of being satisfied by the Termination Date; or |

| • | by either Fortegra or Purchaser if at the special meeting (including any postponement or adjournment thereof) at which a vote on the approval of the Merger and the other transactions contemplated by the Merger Agreement was taken, the Tiptree stockholder approval is not obtained. |

Effect of Termination In the event of the termination of the Merger Agreement in accordance with the terms thereof, the Merger Agreement will thereafter become void and have no effect and the transactions contemplated thereby will be abandoned, except that the “Effect of Termination; Termination Fee,” clause (c) of “Access to Information,” “Public Statements” and “Miscellaneous” sections of the Merger Agreement and the