Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 313

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 313
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 ARTICLE 10Termination
Section 10.1 Termination. This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time (notwithstanding receipt of the Company Stockholder Approval) as follows:

(a) by mutual written agreement of the Company and Parent;

(b) by either the Company or Parent, if:

(i) the Merger has not been consummated on or before February 28, 2026 or such later date as the parties mutually agree in writing (the “

#### End Date
”); provided that the right to terminate this Agreement pursuant to this Section 10.1(b)(i) shall not be available to any party hereto if the failure of the Merger to be consummated by such time was primarily caused by the failure of such party to perform or comply with any of its obligations under this Agreement;

(ii) any Order by a court or other Governmental Authority of competent jurisdiction permanently restraining, enjoining or otherwise permanently prohibiting consummation of the Merger shall become final and non-appealable; provided that the right to terminate this Agreement pursuant to this Section 10.1(b)(ii) shall not be available to a party if the issuance, enforcement or entry of any such Order, or such Order becoming final and non-appealable, was primarily caused by the failure of such party to perform or comply with any of its obligations under this Agreement; or

(iii) at the Company Stockholder Meeting (or any adjournment or postponement thereof) at which a vote on the approval of this Agreement was taken, the Company Stockholder Approval shall not have been obtained, provided that in the event the Board of Directors of the Company shall have made an Adverse Recommendation Change, the Company may only terminate the Agreement pursuant to this Section 10.1(b)(iii) if it has paid to Parent the Termination Fee pursuant to Section 10.3(b)(ii) ;

(c) by Parent, (i) if an Adverse Recommendation Change shall have occurred, (ii) if after public announcement of an Acquisition Proposal, the Board of Directors of the Company shall have failed to reaffirm the Company Board Recommendation within ten (10) Business Days after receipt of any written request to do so from Parent, (iii) if the Company or the Board of Directors of the Company has materially breached its obligations under Section 6.2 or Section 6.3 ; or (iv) if the Company shall have entered into any Alternative