Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 325

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 325
---
 by contract or otherwise; provided , that for purposes of this Agreement, the “Affiliates” of the Group Companies shall not include the portfolio companies of Affiliates of WP Investor and the Persons comprising the “Tiptree Capital” business of Company Parent as described in Company Parent’s Annual Report on Form 10-K for the fiscal year

<div align='center'>A-2</div>

#### TABLE OF CONTENTS
ended December 31, 2024 (other than for purposes of Section 4.25 (Affiliate Matters), Section 7.15 (Termination of Certain Arrangements), Section 7.05(a) and (b) (Access to Information), Section 7.17(b) (Debt Facilities), Section 10.02 (Effect of Termination; Termination Fees), Section 10.03 (Survival), Section 11.06 (Parties in Interest), Section 11.12 (Remedies), Section 11.13 (Non-Recourse), Section 11.14 (Release of Claims), Section 11.15 (Waiver of Conflicts) and the definitions of Affiliate Agreement, Affiliate Transactions, Non-Recourse Party and Related Party).

“ Affiliate Agreement ” shall have the meaning set forth in Section 4.11(l) hereof.

“ Affiliate Transaction ” shall have the meaning set forth in Section 4.25 hereof.

“ Aggregate Closing Common Purchase Price ” shall mean the Aggregate Closing Purchase Price (without reference to the proviso in such definition), plus the Aggregate Delayed Closing Consideration, if applicable, minus the Equity Award Closing Merger Consideration.

“ Aggregate Closing Purchase Price ” shall mean (a) one billion six hundred fifty million U.S. dollars ($1,650,000,000) minus (b) the amount of any Leakage (including any interest accrued thereon pursuant to Section 3.05 ), minus (c) the Series A Aggregate Liquidation Preference ( provided , that if the holders of Series A Preferred Stock are entitled to receive the As-Converted Amount then for the purposes of this definition, the Series A Aggregate Liquidation Preference shall be deemed to equal zero (0)), minus (d) the Leakage Reserve Holdback Amount.

“ Aggregate Delayed Closing Consideration ” means, in the event that the Closing Date occurs following the Profit Sharing Fee Start Date, an amount equal to (a) $1,650,000,000 multiplied by (b) the Profit Sharing Rate, divided by (