Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 171

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 171
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, the Surviving Corporation will be obligated to obtain a policy with the greatest coverage available, with respect to matters occurring prior to the Effective Time, for a cost not exceeding such amount.

If Parent, the Surviving Corporation or any of its successors or assigns:

•

consolidates with or merges with or into any other Person and is not the continuing or surviving Person of such consolidation or merger; or

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transfers or conveys all or substantially all of its properties and assets to any Person,

then, and in each such case, to the extent necessary, proper provision will be made so that the successors and assigns of Parent or the Surviving Corporation, as the case may be, will assume the obligations set forth in the directors’ and officers’ liability covenants contained in the Merger Agreement.

Each Indemnified Person is a third-party beneficiary of the directors’ and officers’ liability covenants contained in the Merger Agreement. The rights of each Indemnified Person under such covenants:

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are in addition to any rights such Person may have under the certificate of incorporation or Bylaws of TrueCar or any of its subsidiaries, or under the DGCL or any other applicable law or under any agreement of any Indemnified Person with TrueCar or any of its subsidiaries set forth on the TrueCar Disclosure Schedule, and nothing in the Merger Agreement will modify, abridge, narrow or restrict any such rights;

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will, if any claim is made against any Indemnified Person prior to the sixth (6 th ) anniversary of the Effective Time, survive consummation of the Merger continue in effect with respect to such claim until the final disposition of that claim; and

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will be enforceable by each Indemnified Person and their successors, heirs and representatives.

#### Employee Matters
The Merger Agreement provides that, for a period of twelve (12) months following the Effective Time (the “

#### Continuation Period
”), Parent will provide or cause the Surviving Corporation to provide to each employee of TrueCar or any of its subsidiaries who is employed immediately prior to the Effective Time and continues to be employed immediately following the Effective Time by Parent, the Surviving Corporation or a subsidiary thereof (each a “

#### Continuing Employee
”):

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a base salary or hourly wage rate that is not substantially less than that provided to such Continuing Employee immediately prior to the Closing Date;

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target short-term cash incentive opportunities