Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 238

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 238
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 and Parent shall cause the Surviving Corporation to pay each holder of an In-the-Money Company Option at the time and in the manner provided under Section 2.7(a) for each share underlying an In-the-Money Company Option an amount in cash equal to the Merger Consideration per share of Company Stock less (i) the exercise price per share of Company Stock of the Company Option (the “

#### In-the-Money Company Option Consideration
”) and (ii) any applicable Taxes withheld pursuant to Section 2.8 . For the avoidance of doubt, each Company Option that is not an In-the-Money Company Option shall be canceled for no consideration.

(d) Termination at the Effective Time . As of the Effective Time, each of the Company Equity Plans shall terminate and no holder of Company Equity Awards shall have any rights to acquire, or other rights in respect of, the capital stock of the Company, the Surviving Corporation or any of their Subsidiaries, except the rights contemplated by this Section 2.5 .

(e) Further Actions . Prior to the Effective Time, and subject to the prior review and comment by Parent (which review and comment shall be reasonably considered), the Board of Directors of the Company (or, if appropriate, any committee thereof administering the applicable Company Equity Plan) shall take such actions as are necessary or appropriate to (i) approve and effectuate the foregoing provisions of this Section 2.5 , including delivery of all required notices to each holder of Company Equity Awards, making any determinations and/or resolutions of the Board of Directors of the Company or a committee thereof or any administrator of the applicable Company Equity Plan as may be necessary and (ii) deliver copies of all consents, notices, amendments and other documents executed, adopted or delivered, as applicable, in connection with the immediately preceding clause (i) to Parent.

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TABLE OF CONTENTS

Section 2.6 Adjustments. If, during the period between the date of this Agreement and the Effective Time, any change in the outstanding shares of capital stock of the Company shall occur, including by reason of any reclassification, recapitalization, stock split or combination, exchange or readjustment of shares, or any stock dividend thereon with a record date during such period, but excluding any change that results from any exercise, vesting or settlement of Company RSUs, Company PSUs or Company Options outstanding as of the date hereof, the Merger Consideration and