Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 162

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 162
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 Parent of such modification promptly, but in no event later than twenty-four (24) hours, of TrueCar’s or any of its subsidiaries’ or any of its or their respective Representatives’ knowledge of any such modification.

#### Certain Definitions
For purposes of this proxy statement and the Merger Agreement:

“

#### Acceptable Confidentiality Agreement
” means a confidentiality agreement with TrueCar that contains provisions that are no less favorable in the aggregate to TrueCar than those contained in the confidentiality agreement between TrueCar and Fair (other than with respect to any standstill or similar provision).

“

#### Acquisition Proposal
” means, other than the Transactions, any inquiry, offer or proposal from a third party relating to:

(1)

any acquisition or purchase, directly or indirectly, of 20% or more of the consolidated assets of TrueCar and its subsidiaries or 20% or more of any class of equity or voting securities of TrueCar or any of its subsidiaries whose net revenues, net income or assets, individually or in the aggregate, constitute 20% or more of the consolidated net revenues, net income or fair market value of the assets of TrueCar and its subsidiaries;

(2)

any tender offer (including a self-tender offer) or exchange offer that, if consummated, would result in a third party beneficially owning 20% or more of any class of equity or voting securities of TrueCar or any of its subsidiaries whose net revenues, net income or assets, individually or in the aggregate, constitute 20% or more of the consolidated net revenues, net income or assets of TrueCar and its subsidiaries; or

(3)

any merger, consolidation, share exchange, business combination, reorganization, recapitalization, liquidation, dissolution or other similar transaction involving TrueCar or any of its subsidiaries whose net revenues, net income or assets, individually or in the aggregate, constitute 20% or more of the consolidated net revenues, net income or assets of TrueCar and its subsidiaries and that would have any of the effects specified in item (1) above.

“

#### Superior Proposal
” means a bona fide written Acquisition Proposal that did not result from breach of the Merger Agreement’s prohibitions on soliciting Acquisition Proposals, for at least a majority of the outstanding shares of Company Stock or all or substantially all of the consolidated assets of TrueCar and its subsidiaries on terms that the Board determines in good faith, after considering the advice of its financial advisor and outside legal counsel and taking into account all the financial, regulatory,