Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 35

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 35
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 this proxy statement), then Tiptree may (A) furnish information with respect to Tiptree and its subsidiaries to the person making such acquisition proposal and its representatives and (B) engage or participate in discussions or negotiations with such person and its representatives regarding such acquisition proposal; provided, that, Tiptree is required not to, and to instruct its representatives not to, disclose any non-public information to such person and its representatives unless Tiptree has entered into, or first enters into, a confidentiality agreement with such person with terms (including governing confidentiality) that are not less favorable in the aggregate to Purchaser than those contained in the confidentiality agreement entered into between Purchaser and Fortegra; provided, further, that (A) such confidentiality agreement may contain a less restrictive or no standstill restriction and such confidentiality agreement may not contain terms that prohibit Tiptree from complying with the “Acquisition Proposals” section of the Merger Agreement, and (B) Tiptree is required to provide or make available to Purchaser as promptly as reasonably practicable (and in any event within 24 hours thereafter) any non-public information concerning Tiptree or its subsidiaries provided or made available to such other person or any of its representatives that was not previously provided or made available to Purchaser and Merger Sub. From and after the date of the Merger Agreement, Tiptree will, within 24 hours of the receipt by Tiptree of any acquisition proposal, notify Purchaser with respect to such acquisition proposal, and will in any such notice include copies of any written materials relating to such acquisition proposal (including materials provided by Tiptree or its representatives in response thereto) and indicate the identity of the person making such acquisition proposal, and the material terms and conditions of such acquisition proposal and thereafter will promptly (within 24 hours) keep Purchaser reasonably informed on a reasonably current basis of any material change to the terms of any such acquisition proposal, including by providing a copy of all material additional written documentation relating thereto. Adverse Recommendation Change (Page 86) The Tiptree Board and each committee thereof will not, subject to the terms and conditions of the Merger Agreement, (i) cause or knowingly permit Tiptree or Fortegra to enter into any alternative acquisition agreement (as defined in this proxy statement) or (ii) make an adverse recommendation change (as defined in this proxy statement). Superior Proposal (Page 86) Notwithstanding anything to the contrary contained in the Merger Agreement, the Tiptree Board