Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 144

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 144
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 promptly as practicable after the date of the Merger Agreement but in any event no later than 30 business days after the date of the Merger Agreement, Purchaser will appoint the Paying Agent and enter into a paying agent agreement for the purpose of making payments related to the transactions contemplated by the Merger Agreement, including payments to the Eligible Holders. As soon as reasonably practicable after the engagement of the Paying Agent, Purchaser will cause the Paying Agent to cooperate with Fortegra to mail, email or cause to be mailed, emailed or otherwise delivered to each Eligible Holder a letter of transmittal in the form attached to the Merger Agreement, together with any applicable tax forms that Purchaser or Paying Agent may reasonably require in connection therewith and the materials and information referenced therein as being required to be returned by an Eligible Holder to the Paying Agent (the “Stockholder Transmittal Materials”), and instructions specifying the manner in which each such holder should complete the same and surrender the Fortegra shares for payment.

At or prior to the closing, Purchaser will deposit, or cause to be deposited, with the Paying Agent the Aggregate Closing Purchase Price, Purchaser’s 50% portion of any transfer, documentary, sales, use, stamp, registration and other similar taxes and fees (including any associated penalties and interest but excluding any taxes or fees (and associated penalties and interest) based in whole or in part upon income, profits or gains) (collectively, the “Transfer Taxes”), if the holders of Fortegra preferred stock are not entitled to receive the As-Converted Amount in respect of the Series A Liquidation Preference, the Series A Aggregate Liquidation Preference, the Equityholders’ Representative Expense Amount, the Leakage Reserve Holdback Amount, the aggregate amount of any fees and expenses required to be paid by Purchaser to obtain certain consents with respect to Fortegra’s indebtedness (the “Change of Control Waiver Fees and Expenses”) (such aggregate amount, the “Change of Control Waiver Fees and Expenses Amount”), and 50% of any fees and expenses incurred in connection with obtaining certain third-party consents (the “Other Change of Control Consent Fees Amount”).

Each Eligible Holder will deliver to the Paying Agent on behalf of Purchaser, properly completed and duly executed and submitted Stockholder Transmittal Materials, and surrender Fortegra shares in accordance with the directions for doing so contained in the letter of transmittal in exchange for the right to receive such Eligible Holder’s