Company: TRUE
Filing Date: 2025-02-21
Form Type: 10-K/A
Source: 0001327318-25-000010
Chunk: 46

Company: TrueCar, Inc.
Filing Date: 2025-02-21
Form: 10-K/A
Chunk 46
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 will remain until the matter is legally resolved in accordance with FASB ASC 405 — Liabilities . The Company will continue to recognize lease cost for the accretion of interest on the lease liability until the matter is resolved.

The Company intends to vigorously defend its position that the lease was appropriately terminated.

<div align='center'>F-26</div>

#### TrueCar, Inc.

### Notes to Consolidated Financial Statements (Continued)
Employment Contracts

The Company has entered into employment contracts with certain executives of the Company. Employment under these contracts is at-will employment. However, under the provisions of the contracts, the Company would incur severance obligations of up to twelve monthsof the executive’s annual base salary for certain events, such as involuntary terminations.

Indemnifications

In the ordinary course of business, the Company may provide indemnities of varying scope and terms to customers, vendors, lessors, investors, directors, officers, employees and other parties with respect to certain matters, including, but not limited to, losses arising out of the Company’s breach of such agreements, services to be provided by the Company, or intellectual property infringement claims made by third parties. While the Company’s future obligations under certain of these agreements may contain limitations on liability for indemnification, other agreements do not contain such limitations and under such agreements it is not possible to predict the maximum potential amount of future payments due to the conditional nature of the Company’s obligations and the unique facts and circumstances involved in each particular agreement. Historically, payments made by the Company under such indemnities have not had a material effect on the Company’s business, financial condition, results of operations or cash flows. Additionally, the Company does not believe that any amounts that it may be required to pay under these indemnities in the future will be material to the Company’s business, financial position, results of operations, or cash flows.

Purchase Obligations

At December 31, 2024, the Company had the following purchase obligations (in thousands):

|                      |     | Total |        |     | Less Than 1 Year |       |     | 1 - 3 Years |       |     | 3 - 5 Years |   |     | More Than 5 Years |   |
|:---------------------|:----|:------|-------:|:----|:-----------------|------:|:----|:------------|------:|:----|:------------|:--|:----|:------------------|:--|