Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 193

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 193
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 intended or would reasonably be expected to impede, delay, postpone, interfere with, nullify, prevent or adversely affect, in each case in any material respect, the Merger or the Caledonia Support Agreement, including:

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any other extraordinary corporate transaction, including any Acquisition Proposal made by any Person other than Parent and Merger Subsidiary;

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any amendment to the certificate of incorporation or Bylaws of the Company;

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any material change to the capitalization of the Company;

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any change in a majority of the directors of the Board; and

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any action, proposal, or agreement that would reasonably be expected to result in the breach of any covenant, representation or warranty or any other obligation or agreement under the Merger Agreement or the Caledonia Support Agreement; and

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any Alternative Acquisition Agreement and any action in furtherance of any Alternative Acquisition Agreement.

Other than with respect to the matters discussed above, Caledonia does not have any obligation to vote its shares of Common Stock in any particular manner.

The Caledonia Support Agreement will terminate upon the earliest to occur, without any notice or other action by any Person, of: (i) the valid termination of the Merger Agreement in accordance with its terms, including in accordance with the provision thereof permitting the Company to terminate the Merger Agreement in order to enter into an Alternative Acquisition Agreement concerning a Superior Proposal; (ii) the date of any modification, waiver or amendment to any provision of the Merger Agreement that Caledonia does not consent to that reduces the amount or, changes the form of, the Merger Consideration; or (iii) the Effective Time.

Management Support Agreements

Pursuant to each Management Support Agreement, the Management Stockholder party thereto, among other things, has irrevocably and unconditionally agreed that, at any annual or special meeting of

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the Company Stockholders, including the Special Meeting, however called, including any adjournment or postponement thereof, such Management Stockholder will: (i) appear at each such meeting or otherwise cause all Subject Securities (as defined in the Management Support Agreements) owned by such Management Stockholder to be counted as present at such meeting for purposes of determining a quorum; and (ii) be present (in person or by proxy) and vote (or cause to be voted) all of the Subject Securities, unless otherwise directed in writing by Parent:

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in favor of:

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the Merger