Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 184

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 184
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 provided to similarly situated employees of Purchaser or its subsidiaries); and |

| • | severance benefits that are at least as favorable as the severance benefits provided by Fortegra or a Subsidiary to the Continuing Employee as of immediately prior to the Effective Time, to the extent listed in the applicable section of the disclosure schedule. |

From and after the closing, Purchaser will, or will cause the surviving corporation to, continue to honor, pay, perform and satisfy any and all liabilities, obligations and responsibilities to, or in respect of, each employee, officer

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and independent contractor of Fortegra and the Subsidiaries, and each former employee, officer and independent contractor of Fortegra and the Subsidiaries, as of the closing arising under the terms of, or in connection with, any Fortegra benefit or compensation plan in accordance with the terms thereof. For purposes of eligibility, vesting and entitlement to benefits under the benefit and compensation plans, programs, agreements and arrangements (other than defined benefit pension plans, retiree medical, severance entitlements and equity or equity-based compensation, but including level of vacation) of Purchaser, the surviving corporation or any of their respective subsidiaries in which Continuing Employees are eligible to participate following the closing (the “Purchaser Plans”), Purchaser and the surviving corporation will credit each Continuing Employee with his or her years of service with Fortegra, the Subsidiaries and any predecessor entities, to the same extent as such employee was entitled immediately prior to the closing to credit for such service under any similar Fortegra benefit or compensation plan, except where such crediting would result in duplication of benefits. In addition, Purchaser will use reasonable best efforts to cause Purchaser Plans providing health benefits to (i) not deny Continuing Employees (or a covered dependent thereof) coverage on the basis of pre-existing condition exclusions and actively-at-work requirements and similar limitations, eligibility waiting periods and evidence of insurability requirements to the extent such conditions were waived or satisfied under the similar Fortegra benefit or compensation plan in effect immediately prior to the closing and (ii) credit such Continuing Employees (or a covered dependent thereof) for any deductibles, co-insurance and out-of-pocket expenses paid on or prior to the closing date in satisfying any deductibles, co-insurance and maximum out-of-pocket expenses in the applicable plan year in which the closing date occurs to which such deductibles and out-of-pocket expenses relate as if such amounts had been paid in accordance with the applicable