Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 318

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 318
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 notice of such termination to the other party.

Section 10.2 Effect of Termination. If this Agreement is validly terminated pursuant to Section 10.1 , this Agreement shall become void and of no further effect and the Transactions shall be abandoned without liability of any party (or any stockholder or Representative of such party) to any other party hereto; provided that:

(a) The provisions of this Section 10.2 , Section 8.3 , and ARTICLE 11 (and the corresponding definitions of any defined terms used in each of those sections) shall survive any termination hereof pursuant to Section 10.1 .

(b) Except for and subject in all cases to Section 10.3(f) and Section 10.3(g) , neither the Company nor Parent shall be relieved or released from any liabilities or damages arising out of its actual and intentional fraud under Delaware common law or Willful Breach prior to the termination of this Agreement. For purposes of this Agreement, “

#### Willful Breach
” means any breach of any of the covenants or agreements set forth in this Agreement that is the consequence of an action or omission by any party if such party knew or should have known that the taking of such action or the failure to take such action would be a material breach of this Agreement.

Section 10.3 Expenses and Termination Fees.

(a) General . Except as otherwise provided herein, all costs and expenses incurred in connection with this Agreement shall be paid by the party incurring such cost or expense.

(b) Termination Fee .

(i) If this Agreement is terminated by Parent pursuant to Section 10.1(c) , then the Company shall pay to Parent in immediately available funds the Termination Fee within two (2) Business Days after such termination.

(ii) If this Agreement is terminated by the Company or Parent pursuant to Section 10.1(b)(iii) , and the Board of Directors of the Company shall have made an Adverse Recommendation Change, then the Company shall pay to Parent in immediately available funds the Termination Fee concurrently with and as a condition to such termination.

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(iii) If this Agreement is terminated by the Company pursuant to Section 10.1(d) , then the Company shall pay to Parent in immediately available funds the Termination Fee concurrently with and as a condition to such termination.

(iv) If (A) this Agreement is terminated by Parent pursuant to Section 10.1(e)