Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 195

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 195
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 Management Support Agreement with respect to any Acquisition Proposal, and status of any Acquisition Proposal, including any significant modifications thereto that the Company would be obligated to notify Parent of under the Merger Agreement.

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Notwithstanding the foregoing, no Management Stockholder is required to notify Parent of any discussions or negotiations to the extent the Company has notified Parent thereof.

Each Management Stockholder signed his or her Management Support Agreement solely in his or her capacity as a Company Stockholder, and not in his or her capacity as a director, officer or employee of the Company. Nothing in a Management Support Agreement will: (i) be construed as prohibiting the Management Stockholder party thereto or any of his or her Representatives who is an officer or member of the Board from taking any action (or failure to act) in his or her capacity as an officer or Board member or from taking any action with respect to any Acquisition Proposal in his or her capacity as such an officer or director or in the exercise of his or her fiduciary duties; or (ii) prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, and no action taken in any such capacity as an officer or director of the Company will be deemed to constitute a breach of the Management Support Agreements.

Other than with respect to the matters discussed above, the Management Stockholders do not have any obligation to vote their shares of Common Stock in any particular manner.

Each Management Support Agreement will terminate upon the earliest to occur, without any notice or other action by any Person, of: (i) the valid termination of the Merger Agreement in accordance with its terms; (ii) the date of any material modification, waiver or amendment to any provision of the Merger Agreement that the Management Stockholder does not consent to that reduces the amount or, changes the form of, the Merger Consideration, or (iii) the Effective Time.

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth information known to the Company regarding the beneficial ownership of Common Stock as of the Record Date by: • each person or group of affiliated persons known by us to be the beneficial owner of more than 5% of the outstanding shares of Common Stock; • each of the Company’s current NEOs and directors; and • all of the