Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 161

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 161
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, officer or employee of the Group Companies, except (i) for advances for travel and other normal business expenses to officers and employees in the ordinary course of business or (ii) pursuant to any indemnification agreements for directors and officers of the Group Companies for actions taken within the scope of their services to the Group Companies in effect on the date of the Merger Agreement; |

| • | enter into any transaction (excluding employment or compensation agreements in effect on the date of the Merger Agreement) with any Related Party (other than an Excepted Related Party in the ordinary course of business on arms’ length terms), or waive, defer or release any amount owed to a Group Company by a Related Party, including payment of any bonuses, benefits or other amounts for any director, officer, consultant or agent of the Group Companies that are Related Parties, other than in the ordinary course of business, excluding (i) those items consented to in advance in writing by Purchaser, (ii) payment of |

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immaterial bonuses, benefits or other amounts for directors, managers, officers, employees or consultants of the Group Companies made in the ordinary course of business not arising in connection with the transactions contemplated by the Merger Agreement, and (iii) any payment made or agreement to make a payment by or on behalf of any Group Company for which specific provision, reserve or allowance has been made for it in Fortegra’s financial statements (up to the extent of such provision, accrual or liability);

| • | incur or pay any amount of Leakage other than the incurrence of Transaction Expenses to the extent taken into account in and that decrease the Aggregate Closing Purchase Price; |

| • | settle, compromise, waive or release any litigation (other than individual claims in the ordinary course of business under insurance contracts within applicable policy limits) or any rights (or amend or terminate any rights), in each case, except as would not (A) result in payments by the Group Companies in excess of $500,000 individually or $1,000,000 in the aggregate and (B) contain any admission of culpability, criminal misconduct, violation of the law or require any other actions or impose any other material restrictions on the business or operations of the Group Companies; |

| • | permit Fortegra or any Subsidiary (other than Subsidiaries that are in the process of dissolution, liquidation or winding up as of the date of the Merger Agreement and disclosed in the disclosure schedule) to dissolve, wind-up or