Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 204

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 204
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 confidentiality agreement between Purchaser and Fortegra will survive termination of the Merger Agreement and remain valid and binding obligations of each of the parties according to their terms, and (ii) subject to the terms and conditions of the surviving provisions of the Merger Agreement, there will be no liability or obligation on the part of Purchaser, Merger Sub or Fortegra.

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TABLE OF CONTENTS

Notwithstanding the immediately preceding sentence, termination of the Merger Agreement will not release any party thereto from any liability:

| • | pursuant to the sections of the Merger Agreement specified above that survive such termination; or |

| • | for (A) any intentional and material breach by a party of, or any fraud with respect to, its representations and warranties under the Merger Agreement, or (B) any material breach by a party of its covenants and agreements under the Merger Agreement (including any failure by Purchaser or Merger Sub to consummate the Merger on the date the closing is required to have occurred in accordance with the Merger Agreement), in the case of each of the foregoing clauses (A) and (B), that occurred prior to such termination (any such breach, misrepresentation or inaccuracy described in this paragraph, a “Pre-Termination Material Breach”). |

Notwithstanding anything to the contrary contained in the Merger Agreement or otherwise, Fortegra, whether on behalf of itself or on behalf of its pre-closing Fortegra equityholders, and Purchaser each may pursue and accept damages for any Pre-Termination Material Breach by the other party and enforce any award for such damages, and the parties have agreed that such damages will not be limited to reimbursement of expenses or out of pocket costs and will include, to the extent permitted by applicable law, damages based on (x) the benefit of the bargain lost by the Fortegra equityholders (including any lost premium), taking into consideration all relevant factors, including the consideration that the Fortegra equityholders would have received if the Merger were consummated pursuant to the terms of the Merger Agreement, other combination opportunities and the time value of money, and (y) any decrease in share value, diminution in value, lost profits or lost premium or consequential damages. If the Merger Agreement is terminated in accordance with its terms:

| • | all confidential information received by the parties will be treated in accordance with the terms of the Merger Agreement and the confidentiality agreement between Purchaser and Fortegra; and |

| • | all filings