Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 183

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 183
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 reasonable efforts to cause proper provision to be made so that the applicable successors and assigns or transferees succeed to specified obligations set forth in the Merger Agreement. Notwithstanding anything to the contrary contained in the Merger Agreement or otherwise, the rights and benefits of the D&O Indemnified Persons set forth in the Merger Agreement will not be terminated or modified in any manner as to adversely affect any D&O Indemnified Person without the prior written consent of such D&O Indemnified Person. These terms of the Merger Agreement are intended to be for the benefit of, and are enforceable by, each D&O Indemnified Person, his or her heirs and his or her executors, administrators and personal representatives, each of whom is an intended third-party beneficiary thereof, and are in addition to, and not in substitution for, any other rights, including rights to indemnification or contribution that any such person may have by contract or otherwise; provided that D&O Indemnified Persons will not have any right to double-recovery from the surviving corporation or its affiliates when considered together with other sources of indemnification or contribution that any such person may have by contract or otherwise and such D&O Indemnified Person will promptly pay back to the surviving corporation any such funds paid by the surviving corporation or its affiliates to any such D&O Indemnified Person to the extent duplicative of recoveries obtained by such person from other sources. Employee Benefits During the period commencing at the closing and ending on the first anniversary of the closing date, Purchaser will, or will cause the surviving corporation to, provide each employee of Fortegra or the Subsidiaries who is employed immediately prior to the closing (each, a “Continuing Employee”) with:

| • | at least the same base salary or wage level and bonus, commission and/or other cash incentive opportunity (excluding equity and equity-based compensation) as provided immediately prior to the Effective Time; |

| • | employee benefits (excluding defined benefit pension, non-qualified deferred compensation, equity or equity-based plans, severance, retention, change in control benefits, fringe benefits and perquisites) that are no less favorable, in the aggregate, than the benefits, perquisites and other terms and conditions (subject to the same exclusions) that each such Continuing Employee was entitled to receive immediately prior to the Effective Time (or, if more favorable to the Continuing Employee, the benefits, perquisites and other terms and conditions of employment