Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 239

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 239
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 any other amounts payable pursuant to this Agreement shall be appropriately adjusted. For the avoidance of doubt, to the extent any adjustments may be required pursuant to this Section 2.6 with respect to Company RSUs, Company PSUs or Company Options, such adjustments will be made without duplication in a manner consistent with the relevant adjustment provisions of the applicable Company Equity Plan.

Section 2.7 Payment of Company Equity Awards Consideration.

(a) General . Parent shall cause the Surviving Corporation to pay through the payroll or other appropriate system of the Surviving Corporation, as applicable, to each holder of a Company Equity Award (other than an Unvested Company RSU Award), the In-the-Money Company Option Consideration, the Vested Company RSU Consideration and/or the Company PSU Consideration, as applicable, less any applicable Taxes withheld pursuant to Section 2.8 and without interest, within sixty (60) days following the Effective Time.

(b) Converted Stock Unit Cash Awards . Parent shall cause payment of each applicable portion of a Converted Stock Unit Cash Award to be made to the applicable holder through the payroll or other appropriate system of the Surviving Corporation, as applicable, as soon as practicable after the applicable vesting date, but in each such case within sixty (60) days following the applicable vesting date, less any applicable Taxes withheld pursuant to Section 2.8 and the terms and conditions of the applicable Converted Stock Unit Cash Award and without interest. In no event will any holder of a Converted Stock Unit Cash Award be permitted, directly 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,