Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 301

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 301
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 set forth in Section 4.17(a) of the Company Disclosure Schedule (excluding any equity or equity-based, nonqualified deferred compensation, retention, severance, incentive, bonus, change in control or transaction compensation or arrangements and defined benefit pension and post-employment welfare benefits).

(b) During the Continuation Period, Parent shall provide or cause the Surviving Corporation to provide each Continuing Employee whose employment is terminated by Parent or one of its Subsidiaries with severance benefits and on terms and conditions, in each case, that are no less favorable than the severance payments and benefits that an individual at Continuing Employee’s level is eligible to receive pursuant to the severance guidelines set forth in Section 7.5(b) of the Company Disclosure Schedule.

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(c) During the Continuation Period, with respect to any employee benefit plan, program or arrangement sponsored by Parent, the Surviving Corporation or any other Subsidiary of Parent in which a Continuing Employee is eligible to participate after the Effective Time in substitution for a similar Employee Plan in which such Continuing Employee participated immediately prior to the Effective Time, Parent shall use, and shall cause the Surviving Corporation to use, reasonable best efforts to cause such employee benefit plan, program or arrangement (each such employee benefit plan, program or arrangement, a “

#### New Benefit Plan
”) to treat, for purposes of determining such Continuing Employee’s eligibility to participate, vesting (other than with respect to vesting of equity and equity-based compensation and awards) and, solely with respect to severance, vacation and similar paid time off, level of benefits, each Continuing Employee’s service with the Company or any of its Subsidiaries (as well as service with any predecessor employer of the Company or any such Subsidiary, to the extent service with the predecessor employer is recognized by the Company or such Subsidiary) shall be treated as service with Parent or any of its respective Subsidiaries; provided , that such service need not be taken into account to the extent it would result in duplication of benefits for the same period of service or was not taken into account for such purposes under the corresponding Employee Plan.

(d) During the Continuation Period, with respect to any New Benefit Plan that is a welfare plan, Parent shall, and shall cause the Surviving Corporation to, use reasonable best efforts to (i) waive all limitations as to preexisting conditions and exclusions and waiting periods and actively-at-work