Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 146

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 146
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 taxes withheld pursuant to the Merger Agreement and the terms and conditions of the applicable Converted Stock Unit Cash Award. In no event will any holder of a Converted Stock Unit Cash Award be permitted, directly or indirectly, to specify the taxable year of payment of any portion of a Converted Stock Unit Cash Award.

#### CompanyPSUs
At the Effective Time, each Company PSU, whether or not vested, and whether settleable in shares of Company Stock or cash, will be canceled, and Parent will cause the Surviving Corporation to pay each holder, within sixty (60) days following the Effective Time, for each Company PSU that qualifies as a Change in Control Transaction Determined Unit an amount in cash equal to the Merger Consideration per share of Company Stock, less any applicable withholding taxes. At the Effective Time, each Company PSU that is not a Change in Control Transaction Determined Unit will be canceled for no consideration.

#### Company Options
At the Effective Time, each Company Option, whether or not vested, will be canceled, and Parent will cause the Surviving Corporation to pay to each holder of an In-the-Money Company Option, within sixty (60) days following the Effective Time, for each share underlying an In-the-Money Company Option, an amount in cash equal to the Merger Consideration per share of Company Stock less: (i) the exercise price per share of Company Stock of the Company Option; and (ii) applicable withholding taxes. At the Effective Time, each Company Option that is not an In-the-Money Company Option will be canceled for no consideration.

#### Further Actions
Prior to the Effective Time, and subject to the prior review and comment of Parent (which review and comment must be reasonably considered), the Board (or, if appropriate, any committee thereof administering the applicable Company Equity Plan) will take such actions as are necessary or appropriate to: (i) approve and effectuate the treatment of Company Equity Awards, including delivery of all required notices to each holder of Company Equity Awards, making any determinations and/or resolutions of the Board or a committee thereof or any administrator of the applicable Company Equity Plan as may be necessary; and (ii) deliver to Parent copies of all consents, notices, amendments and other documents executed, adopted or delivered, as applicable, in connection with the immediately preceding clause (i).

#### Exchange of Shares

#### Exchange Agent
Prior to the Effective Time, Parent will appoint a paying agent selected by Parent with the Company’s prior written approval, which approval cannot be unreasonably conditioned, withheld