Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 242

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 242
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 or indirectly, to specify the taxable year of payment of any portion of a Converted Stock Unit Cash Award.

Section 2.8 Withholding Rights. Notwithstanding anything to the contrary in this Agreement, each of the Exchange Agent, the Surviving Corporation, the Merger Subsidiary and Parent (and their respective agents or Representatives) shall be entitled to deduct and withhold from any consideration or amount otherwise payable to any Person pursuant to this Agreement such amounts as it is required to deduct and withhold under the Code or any other provision of Applicable Law. To the extent that amounts are so deducted and withheld, such amounts shall be paid over to the appropriate Governmental Authority and treated for all purposes of this Agreement as having been paid to the Person in respect of which such deduction and withholding was made.

Section 2.9 Lost Certificates. If any Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the Person claiming such Certificate to be lost, stolen or destroyed and, if required by the Surviving Corporation, the posting by such Person of a bond, in such reasonable amount as the Surviving Corporation may direct, as indemnity against any claim that may be made against it with respect to such Certificate, the Exchange Agent will, subject to Section 2.4 , issue, in exchange for such lost, stolen or destroyed Certificate, the Merger Consideration to be paid in respect of the shares of Company Stock represented by such Certificate, as contemplated by this ARTICLE 2 .

Section 2.10 Parent Deposit .

(a) Concurrently with the execution and delivery of this Agreement, Parent has deposited an amount of immediately available funds equal to the Parent Termination Fee (the “

#### Deposit Amount
”) with the Company.

(b) The Deposit Amount shall be held by the Company in a separate account at a commercial bank in the United States with at least $25,000,000,000 in assets (the “

#### Depository Bank
”). The Company shall have the right to invest and reinvest the Deposit Amount as determined by the Company from time to time; provided, however, that any such investment shall in all events be limited to (i) direct short-term obligations of, or short-term obligations fully guaranteed as to principal and interest by, the U.S. government, in commercial paper rated A-1 or P-1 or better by Moody’s Investors Service, Inc. or Standard & Poor’s Corporation, respectively, or (ii) certificates of deposit, bank repurchase agreements