Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 174

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 174
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 conditions set forth in the Equity Commitment Letter (other than as a result of the Company’s breach of any provision of the Merger Agreement, or failure to satisfy certain conditions to the Closing), Parent must:

•

promptly notify the Company of such unavailability and the reason for such unavailability; and

•

use its reasonable best efforts to arrange and obtain the Equity Financing or such portion of the Equity Financing from the same or alternative sources, in an amount equal to the aggregate amount of the Equity Financing as contemplated by the Equity Commitment Letter as of the date of the Merger Agreement (the “

#### Alternative Financing
”); provided that Parent will not be required to:

•

arrange or obtain any Alternative Financing having terms and conditions less favorable to Parent, taken as a whole, than those contained in the Equity Commitment Letter; or

•

seek financing in an amount in excess of the amount of the Equity Financing as contemplated by the Equity Commitment Letter in effect as of the date of the Merger Agreement; provided, further , that Parent must deliver to the Company complete and correct copies of all replacements, amendments, supplements, other modifications or agreements pursuant to which any Alternative Financing shall be made available to Parent promptly after the time such replacements, amendments, supplements, other modifications or agreements are agreed.

If the Alternative Financing is obtained, the term “Equity Financing” as used in the Merger Agreement will be deemed to include any Alternative Financing, and the term “Equity Commitment Letter” as used in the Merger Agreement will be deemed to include the commitment letter with respect to such Alternative Financing.

#### Additional Equity Financing
If the aggregate amount of the Equity Financing committed to be funded at the Closing, in combination with the Deposit Amount and the amount of the Company’s Cash on Hand at the Closing, would not reasonably be expected to equal or exceed the aggregate amount of the Merger Consideration payable pursuant to the Merger Agreement, plus the aggregate amount of the Company Transaction Expenses and Parent Transaction Expenses, then Parent must, and must cause its affiliates to, use its and their respective reasonable best efforts to arrange and obtain the Additional Equity Financing.

Parent must deliver to the Company complete and correct copies of all agreements pursuant to which any Additional Equity Financing is made available to Parent promptly after the time such agreements are agreed, which agreements must:

•

provide that the Company is an express third-party beneficiary thereunder, entitled to enforce the Equity Commitment Letters related to any such Additional Equity Financing in accordance with their terms; and

•

not impose