Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 316

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 316
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ement thereof) at which a vote on the approval of this Agreement was taken, the Company Stockholder Approval shall not have been obtained, provided that in the event the Board of Directors of the Company shall have made an Adverse Recommendation Change, the Company may only terminate the Agreement pursuant to this Section 10.1(b)(iii) if it has paid to Parent the Termination Fee pursuant to Section 10.3(b)(ii) ;

(c) by Parent, (i) if an Adverse Recommendation Change shall have occurred, (ii) if after public announcement of an Acquisition Proposal, the Board of Directors of the Company shall have failed to reaffirm the Company Board Recommendation within ten (10) Business Days after receipt of any written request to do so from Parent, (iii) if the Company or the Board of Directors of the Company has materially breached its obligations under Section 6.2 or Section 6.3 ; or (iv) if the Company shall have entered into any Alternative Acquisition Agreement;

(d) by the Company, if prior to receipt of the Company Stockholder Approval, the Board of Directors of the Company authorizes the Company, subject to complying with Section 6.3 , to enter into a definitive Alternative Acquisition Agreement concerning a Superior Proposal; provided that in the event of such termination, the Company substantially concurrently enters into such Alternative Acquisition Agreement; provided , further , that the Company may only terminate the Agreement pursuant to this Section 10.1(d) if the Company has paid to Parent the Termination Fee payable pursuant to Section 10.3(b)(ii) ;

(e) by Parent if (i) there shall have been a breach of any covenant or agreement on the part of the Company set forth in this Agreement or (ii) any representation or warranty of the Company set forth in ARTICLE 4 of this Agreement have become inaccurate, that would, in the case of clauses (i) or (ii), (A) result in the conditions set forth in Section 9.2(a) or Section 9.2(b) not being satisfied, and (B) such breach is not curable within thirty (30) days, or, if curable, is not cured within thirty (30) days of notice by Parent to the Company of such breach; provided, that the right to terminate this Agreement pursuant to this Section 10.1(e) shall not be available to Parent if Parent or Merger Subsidiary is then in breach of any

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