Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 19

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 19
---
 in a Group Company, (b) each person that serves as a director, officer, manager, partner, executor or trustee (or in a similar capacity) of Tiptree or its subsidiaries, including the Group Companies, or of any person that holds equity interests of Fortegra or any affiliate of a person that holds equity interest in a Group Company, and (c) with respect to an individual described in the preceding clause (a) or clause (b), (i) such individual’s spouse and lineal descendants including those by adoption and (ii) any other individual who resides with such individual; provided no Group Company will be deemed to be a Related Party of the other Group Companies.

In this proxy statement, “Transaction Expenses” means, without duplication, (a) all liabilities, fees and expenses paid or payable by any Group Company directly in connection with the direct or indirect change of ownership of (i) the Group Companies, (ii) the business of the Group Companies or (iii) any material portion thereof, in each case, directly in connection with the transactions contemplated by the Merger Agreement, including any such liabilities, fees and expenses incurred in connection with the marketing process managed by Barclays and its affiliates and BofA Securities, Inc. (“BofA Securities”) and its affiliates, including the preparation of marketing materials, management presentations, evaluating indications of interest of Purchaser and other bidders, sell-side diligence and interactions and negotiations with other interested parties and the drafting, negotiation, execution and delivery of the Merger Agreement and the other transaction documents and other documents contemplated by the Merger Agreement and the consummation of the transactions contemplated by the Merger Agreement, including by the following financial advisors and legal counsel: BofA Securities, Barclays and its affiliates, Ropes & Gray LLP (“Ropes & Gray”) and Sidley Austin LLP (“Sidley”) but excluding (w) Keefe, Bruyette & Woods, Inc. (“KBW”) for aggregate payments of less than or equal to $500,000, (x) the Change of Control Waiver Fees and Expenses (as defined in this proxy statement), (y) any other liabilities, fees or expenses borne by Purchaser pursuant to the terms of the Merger Agreement and (z) any Payoff Amount; (b) the employer portion of any employment, payroll or similar taxes attributable to payment of Equity Award Closing Merger Consideration to holders of Fortegra equity awards; (c) any amounts due and payable by a Group Company to any present