Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 39

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 39
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 be obligated to reimburse Parent and its affiliates (including for this purpose, the Investor) will not exceed $3,000,000 in the aggregate.

#### Parent Termination Fee
TrueCar will be entitled to a payment in an amount equal to $15,000,000 (the “

#### Parent Termination Fee
”) and TrueCar will be entitled to permanently retain the entire Deposit Amount in satisfaction of Parent’s obligation to pay the Parent Termination Fee if TrueCar terminates the Merger Agreement because:

•

(i) any covenant or agreement on the part of Parent or Merger Subsidiary set forth in the Merger Agreement has been breached or (ii) any inaccuracy in any representation or warranty of Parent and Merger Subsidiary set forth in the Merger Agreement has become inaccurate, and such breach or inaccuracy, in either case, (A) resulted in certain conditions to the Closing not being satisfied and (B) was not curable within thirty (30) days, or if curable, was not cured within thirty (30) days of notice from TrueCar to Parent of such breach; provided, however, that TrueCar was not then in breach of any covenant, agreement, representation or warranty contained in the Merger Agreement that, in each case would result in a failure of a condition precedent to Parent’s and Merger Subsidiary’s obligations to consummate the Merger; or

•

a Parent Failure to Close has occurred.

#### Enforcement Expenses
If the Company or Parent fails to promptly pay any amount due pursuant to the provisions of the Merger Agreement governing the payment of termination fees and the reimbursement of Parent Transaction Expenses, it will also be required to pay any costs and expenses incurred by the other party or its affiliates in connection with a legal proceeding to enforce the Merger Agreement that results in a judgment against the Company or Parent, as applicable, for such amount, together with interest on the unpaid amount of any unpaid fee, cost or expense at an annual rate equal to the publicly announced prime rate as published by the Eastern Edition of The Wall Street Journal from the date such fee, cost or expense was required to be paid to (but excluding) the payment date (collectively, the “

#### Enforcement Expenses
”).

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TABLE OF CONTENTS

#### Specific Performance (See page111)
The parties to the Merger Agreement agreed that the Company will only be entitled to injunctive relief, specific performance or other equitable relief to enforce specifically the obligations