Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 285

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 285
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 (as such term is defined in Section 7.5(b) of the Company Disclosure Schedule) or because of the employee’s performance failure, (1) more than, in the aggregate, ten (10) Company employees holding a title below the vice president level or (2) any Company employee holding a title of vice president or higher; provided , that , as used herein, a “

#### performance failure
” means demonstrated incompetence or a consistent failure to meet the established job performance expectations in such a manner as has customarily been sufficient as grounds for termination in the ordinary course of business and for which termination has consistently been the consequence with respect to other employees who are similarly situated to the employee;

(ix) change the Company’s methods of accounting, except as required by concurrent changes in GAAP or in Regulation S-X of the 1934 Act;

(x) (A) make, revoke or change any material Tax election, (B) adopt or change any material accounting method for Tax purposes or change any Tax accounting period, (C) request or agree to any extension or waiver of the statute of limitations relating to a material amount of Taxes, (D) file any material amended Tax Return, (E) enter into any “closing agreement” described in Section 7121 of the Code (or any similar provision of state, local or non-U.S. Applicable Law), (F) surrender any right to claim a material Tax refund, (G) settle, adjust or compromise any audit, examination, claim or other Proceeding relating to a material Tax liability, or (H) prepare and file any material Tax Return in a manner materially inconsistent with past practice;

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(xi) waive, settle, or compromise any material Proceeding involving or against the Company or any of its Subsidiaries, other than any such waiver, settlement, or compromise that involves the payment of monetary damages not in excess of $500,000 in the aggregate; provided , that neither the Company nor any of its Subsidiaries shall settle or agree to settle any Proceeding which settlement involves a conduct remedy or injunctive or similar relief or has a restrictive impact on the Company’s business;

(xii) other than new Contracts with customers or suppliers entered into in the ordinary course of business which, in the case of new Contracts with suppliers involve payment obligations of the Company of no more than $500,000 individually, or $1,000,000 in the aggregate, over a