Company: TIPT
Filing Date: 2025-10-17
Form Type: PREM14A
Source: 0001140361-25-038514
Chunk: 21

Company: TIPTREE INC.
Filing Date: 2025-10-17
Form: PREM14A
Chunk 21
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 of such Additional Leakage for a period of 15 days following delivery by Purchaser of the Additional Leakage Notice.

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#### TABLE OF CONTENTS
The Purchaser will, after such 15-day consultation period, deliver a written notice to SRS Acquiom (or its applicable affiliate) as paying agent, or if SRS Acquiom (or its applicable affiliate) is unwilling or unable to accept such appointment (including because it is unable to make payments within the timing called for in the Merger Agreement), such paying agent that is mutually acceptable to Fortegra and Purchaser, each acting reasonably (the “Paying Agent”), instructing the Paying Agent to pay the Purchaser or the surviving corporation an amount in cash equal to the Additional Leakage from the account established by the Paying Agent to hold the Leakage Reserve Holdback Amount (the “Leakage Reserve Holdback Account”). If no Additional Leakage Notice is received or, if following any payment of Additional Leakage to Purchaser or the surviving corporation, there are amounts remaining in the Leakage Reserve Holdback Account, the Purchaser will promptly (and in any event within two business days of determining there is no Additional Leakage or such payment of Additional Leakage, as applicable) instruct the Paying Agent to release the Leakage Delayed Consideration to each holder of Fortegra shares issued and outstanding immediately prior to the Effective Time (other than Appraisal Shares and shares of Fortegra common stock held by Fortegra, any of its Subsidiaries or Merger Sub) and each holder of Fortegra warrants that are exercised on a cashless basis in accordance with the terms of the Merger Agreement (such holders, collectively, the “Eligible Holders”) in accordance with their respective Pro Rata Percentages.

See the section of this proxy statement entitled “The Merger Agreement—Additional Leakage” beginning on page 76 .

**Anticipated Use of Tiptree’s Portion of the Proceeds from the Merger (Page**

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Tiptree estimates that Tiptree will receive total gross proceeds of approximately $1.12 billion in cash upon consummation of the Merger, subject to adjustments for Leakage and assuming a closing date for the transactions contemplated by the Merger Agreement prior to June 1, 2026, and estimated book value of approximately $950 million, net of estimated transaction-related taxes and expenses. See the section of this proxy statement entitled “The Merger—Anticipated Use of