Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 153

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 153
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 and its Subsidiaries; |

| • | the investment assets of Fortegra and its Subsidiaries; |

| • | material reinsurance contracts of the Subsidiaries that conduct the business of insurance; |

| • | the reserves of Fortegra and its Subsidiaries; |

| • | material contracts with Related Parties (other than Excepted Related Parties); |

| • | Fortegra’s top distribution partners and suppliers; |

| • | Fortegra’s and its Subsidiaries not being a “TID U.S. business” within the meaning of 31 C.F.R. § 800.248; |

| • | the officers, managers and directors of each Group Company; |

| • | the books and records of each Group Company; and |

| • | monies or accounts of the Group Companies not having been commingled with or credited or transferred to monies or accounts of any Related Party. |

Material Adverse Effect Many of Fortegra’s representations and warranties are qualified by, among other things, exceptions relating to the absence of a “Material Adverse Effect,” which means any facts, events, changes, violations, inaccuracies, circumstances, occurrences, effects or developments that, individually or in the aggregate, (a) have had, or would reasonably be expected to have, a material adverse effect on the business, assets, liabilities, results of operations or condition (financial or otherwise) of Fortegra and its Subsidiaries, taken as a whole, or (b) would reasonably be expected to prevent or materially impair the ability of Fortegra or Tiptree to consummate the transactions contemplated by the Merger Agreement by the Termination Date (taking into account, if applicable, any extension thereof) in accordance with the terms of the Merger Agreement, but excludes with respect to the foregoing clause (a), any such facts, events, changes, violations, inaccuracies, circumstances, occurrences, effects or developments to the extent resulting from:

| • | the execution of the Merger Agreement, the pendency or consummation of the transactions contemplated by the Merger Agreement or the announcement thereof, including the identity of Purchaser and its affiliates; |

| • | Purchaser’s announcement or other disclosure of its plans or intentions with respect to the conduct of the business (or any portion thereof) of Fortegra or any of its Subsidiaries; |

| • | changes in general economic, financial, regulatory, legislative, political or geopolitical conditions; |

| •