Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 133

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 133
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 and the Company’s CAGR performance as measured versus the Russell 2000 Total Return Index (RUTTR) CAGR performance for the CIC Performance Period, as determined in accordance with the applicable award agreement. For purposes of determining the number of Company PSUs that qualify as “Change in Control Transaction Determined Units”, we have assumed the CIC Performance Period concluded on October 31, 2025. The number of 2025 Strategic Company PSUs that qualify as “Change in Control Transaction Determined Units” is based upon deemed achievement of performance metrics at 100% target levels in accordance with the terms of the applicable award agreement. (3) The amounts reported in this column represent double-trigger amounts payable to the NEOs pursuant to their employment agreements. These amounts represent a monthly cash payment in respect of COBRA Coverage for eighteen (18) months for Mr. Reigersman, twelve (12) months for Mr. Swart and Ms. Angel and ten (10) months for Mr. Foley. (4) Mr. Ku separated from employment with the Company effective September 1, 2025. In connection with Mr. Ku’s termination, the Company entered into a separation and release agreement with Mr. Ku which contains a release of claims against the Company by Mr. Ku and provides for severance payments and benefits consistent with his employment agreement in connection with a termination without cause prior to a change in control. Other than compensation payable with respect to his outstanding Company PSUs to the extent such Company PSUs qualify as Change in Control Transaction Determined Units under, and in accordance with, the applicable award agreements, Mr. Ku will not receive any compensation that is based on or otherwise relates to the Merger. (5) The amounts in this column do not reflect any potential reductions to such amounts that may occur pursuant to the Section 4999-related provisions included in each NEO’s employment agreement as set forth in the section titled “— TrueCar Employment Agreements” above. (6) Certain figures in the table may not sum due to rounding. Indemnification, Exculpation and Insurance Parent will cause the Surviving Corporation to, and the Surviving Corporation will: • for at least six (6) years after the Effective Time and to the fullest extent permitted by the DGCL or any other applicable law and provided under TrueCar’s certificate of incorporation and the Bylaws in existence as of the date of the Merger Agreement: (i) indemnify and hold harmless the present and former officers and directors