Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 202

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 202
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30 calendar days after receipt by Purchaser of notice in writing from Fortegra, specifying the nature of such breach and requesting that it be cured, provided that Fortegra will not have the right to terminate the Merger Agreement pursuant to this paragraph if it or Tiptree is then in breach of any of its covenants or other agreements set forth in the Merger Agreement that would result in the condition to Purchaser’s obligations to effect the closing pertaining to the accuracy of representations and warranties of Fortegra and Tiptree, Fortegra and Tiptree’s performance and compliance with the covenants in the Merger Agreement or Fortegra and Tiptree’s delivery of the required closing certificate (other than those conditions which by their terms are to be satisfied at the closing, but subject to such conditions being capable of being satisfied at the closing) not being satisfied; |

| • | by Tiptree, if at any time prior to the receipt of the Tiptree stockholder approval, in order to substantially concurrently enter into an agreement to effect a superior proposal in compliance with Tiptree’s non-solicitation obligations under the Merger Agreement; provided, that (i) Tiptree has complied in all material respects with Tiptree’s non-solicitation obligations under the Merger Agreement with respect to such superior proposal, and (ii) Fortegra (or, in certain circumstances, Tiptree) pays to Purchaser the termination fee payable pursuant to the Merger Agreement; |

| • | by Purchaser, if the Fortegra stockholder approval is not executed and delivered to Purchaser within one business day following receipt of the Tiptree stockholder approval; provided, however, that the right to terminate the Merger Agreement under this paragraph in no event may be exercised once the Fortegra stockholder approval has been delivered; |

| • | by Purchaser, if an adverse recommendation change has occurred; provided, that Purchaser exercises the right to terminate the Merger Agreement pursuant to this paragraph prior to obtaining the Tiptree stockholder approval; |

| • | by Purchaser, if the condition that since the date of the Merger Agreement, no facts, events, changes, developments or effects have occurred that, individually or in the aggregate, constitute a Material Adverse Effect, is not satisfied or capable of being satisfied by the Termination Date; or |

| • | by either Fortegra or Purchaser if at the special meeting (including any postponement or adjournment thereof) at which a vote