Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 219

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 219
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 that cannot be waived by applicable law. The provisions of the Merger Agreement relating to release of claims are enforceable by a Purchaser Released Party directly against Tiptree. Each of the Purchaser Released Parties is an intended third-party beneficiary of the provisions of the Merger Agreement relating to the release of claims and is entitled to directly enforce the releases contained in the Merger Agreement.

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#### TABLE OF CONTENTS
In the Merger Agreement, Tiptree and Purchaser expressly acknowledge and agree that this release is intended to extinguish all types of claims to the extent such claims are related to the transactions contemplated by the Merger Agreement, each understands and acknowledges that it is releasing potentially unknown claims, and that Tiptree and Purchaser each may have limited knowledge with respect to some of the claims being released. In the Merger Agreement, Tiptree and Purchaser each acknowledges that there is a risk that, after agreeing to this release, it may learn information that might have affected its decision to agree to this release. Tiptree and Purchaser each assumes this risk in agreeing to this release of claims. Tiptree and Purchaser each agreed that this release of claims is fairly and knowingly made. In addition, in the Merger Agreement, Tiptree and Purchaser each expressly waived and released any and all rights and benefits conferred upon it by the provisions of any applicable law regarding unknown claims (including section 1542 of the Civil Code of the State of California, which provides substantially as follows: “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM OR HER WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY.”).

#### Joint and Several Liability
Following the formation of Merger Sub and its joinder to the Merger Agreement, Purchaser has agreed to cause Merger Sub to perform its obligations under the Merger Agreement and Purchaser and Merger Sub will be jointly and severally liable for all liabilities and obligations of Merger Sub under the Merger Agreement.

#### Tiptree Voting Agreements
In connection with the Merger Agreement, each of Michael G. Barnes, Jonathan Ilany and Arif Inayatullah entered into a Tiptree Voting Agreement pursuant to which, subject