Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 282

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 282
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)(iii) , (A) announce or accelerate the vesting or payment of, or grant any compensatory equity award, (B) increase any severance or termination pay (or amend any existing severance pay or termination arrangement) for the benefit of any of the employees, directors, or other service providers of the Company or its Subsidiaries, except for increases or amendments in the ordinary course of business with respect to an employee of the Company or its Subsidiaries with annual base salary of less than $250,000, (C) establish, adopt, enter into or materially amend any material service, consulting, deferred compensation or other similar material Contract, (D) increase compensation or bonus opportunity payable or to become payable or benefits provided under an Employee Plan or otherwise, in each case except for increases in the ordinary course of business with respect to a current employee of the Company or its Subsidiaries not to exceed the greater of an amount equal to five percent (5%) of each such employee’s compensation or bonus or an amount of $10,000, as applicable, (E) establish, adopt, materially amend or terminate any material Employee Plan (other than general changes to the Company’s health and welfare plans made during the open enrollment process in the ordinary course of business), (F) hire any new employees, unless such hiring is in the ordinary course of business and is with respect to employees having an annual base salary and incentive compensation opportunity not to exceed $250,000, or (G) terminate, other than for Cause (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