Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 351

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 351
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, published policies and contractual obligations related to privacy, security or the processing of Personal Data, as and to the extent applicable to the operation of the business of the Company.

“ Pro Rata Percentage ” shall mean, with respect to each Equityholder, a percentage equal to (a) (i) for purposes other than determining each Minority Investor’s pro rata portion of the Equityholders’ Representative Expense Amount, the aggregate amount of cash proceeds distributed (or distributable) to such Equityholder in respect of the Company Shares and Company Equity Awards, other than the Performance Awards, held by such Equityholder on a Fully-Diluted Basis in connection with the transactions contemplated hereby divided by (ii) the aggregate amount of all cash proceeds distributed (or distributable) to the Equityholders in respect of the Company Shares and Company Equity Awards, other than the Performance Awards, held by such Equityholders on a Fully-Diluted Basis in the aggregate; and (b) as to each Minority Investor’s pro rata portion of the Equityholders’ Representative Expense Amount, the amount set forth in the Closing Schedule in respect of each class of Equity Interest held by such Minority Investor. The aggregate Pro Rata Percentages of all Equityholders, which shall be set forth in the Closing Schedule, shall at all times equal one hundred percent (100%).

“ Producers ” shall mean the agents, general agents, sub-agents, brokers, wholesale brokers, independent contractors, consultants, affinity groups, insurance solicitors, producers or other Persons who sell the Insurance Contracts.

“ Profit Sharing Fee Start Date ” shall mean June 1, 2026.

“ Profit Sharing Rate ” shall mean ten percent (10%) per annum.

“ Proxy Statement ” shall have the meaning set forth in Section 5.05 hereof.

“ Purchaser ” shall have the meaning set forth in the preamble hereto.

“ Purchaser Disclosure Schedule ” shall mean the disclosure schedules delivered by Purchaser to the Company on the date hereof.

“ Purchaser Material Adverse Effect ” shall have the meaning set forth in Section 6.01 hereof.

“ Purchaser Plans ” shall have the meaning set forth in Section 7.08(c) hereof.

“ Purchaser Related Parties ” shall have the meaning set forth in Section 10.02(c)(vi) hereof.

“ Purchaser Released Parties ” shall have the meaning set forth in Section 11.14 hereof.

“ Purchaser Required Governmental Consents ” shall have the meaning set forth in Section 6.