Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 164

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 164
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 any binding or non-binding letter of intent, memorandum of understanding, arrangement, understanding, or agreement in principle or agreement with respect to an acquisition proposal. |

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#### TABLE OF CONTENTS
In this proxy statement, an “acquisition proposal” means any inquiry, indication of interest, offer or proposal made or renewed by any person or “group” (within the meaning of Section 13(d)(3) of the Exchange Act) (other than Purchaser and Merger Sub) that would, if consummated, result in such person or group, directly or indirectly, acquiring beneficial ownership of 15% or more of the total voting power of any class of equity securities of Tiptree or any assets or businesses representing 15% or more of the consolidated total assets, revenues or net income of Tiptree and its subsidiaries (including Fortegra), pursuant to a merger, consolidation, or other business combination, sale of shares of capital stock, sale of assets, reinsurance transaction, tender offer or exchange offer, or similar transaction, including any single or multi-step transaction or series of related transactions, in each case, other than the transactions contemplated by the Merger Agreement.

#### Discussions; Notice of Acquisition Proposals
Notwithstanding anything to the contrary contained in the Merger Agreement, if Tiptree or any of its representatives receives an acquisition proposal prior to the time at which the Tiptree stockholder approval is obtained that did not result from a breach of Tiptree’s non-solicitation obligations under the Merger Agreement, Tiptree, Fortegra and their respective representatives may (A) seek to clarify and understand the terms and conditions of any inquiry or proposal made by any person solely to determine whether such inquiry or proposal constitutes or could reasonably be expected to lead to or result in a superior proposal and (B) inform the person that has made the inquiry or proposal of the applicable provisions of the Merger Agreement.

Notwithstanding anything to the contrary contained in the Merger Agreement, if at any time following the execution and delivery of the Merger Agreement and prior to the time at which the Tiptree stockholder approval is obtained, (i) Tiptree or any of its representatives has received a bona fide written acquisition proposal that did not result from a breach of Tiptree’s non-solicitation obligations under the Merger Agreement and (ii) the Tiptree Board determines in good faith, after consultation with its financial advisors and outside legal counsel, that such acquisition proposal constitutes or would reasonably be expected