Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 259

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 259
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 Author has retained any rights, licenses, claims or interest whatsoever with respect to any material Owned IP developed by the Author for the Company. The Company has provided to Parent true, correct and complete copies of all forms of such disclosure and assignment documents currently used by the Company. To the Knowledge of the Company, no Author is subject to any employment agreement or invention assignment or nondisclosure agreement or other obligation with any third party that could adversely affect the Company’s rights in Owned IP. To the Knowledge of the Company, no current or former employee, consultant, advisor or independent contractor of the Company is in violation of any agreement described above.

(e) Except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, neither the execution and performance of this Agreement nor the consummation of the Transactions will result in: (i) Parent or any of its Affiliates granting to any third party any right to or with

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respect to any Intellectual Property owned by, or licensed to, Parent or any of its Affiliates, (ii) Parent or any of its Affiliates, being bound by or subject to, any exclusivity obligations, non-compete or other restriction on the operation or scope of their respective businesses, (iii) Parent or the Surviving Corporation being obligated to pay any royalties or other material amounts to any third party in excess of those payable by any of them, respectively, in the absence of this Agreement or the Transactions or (iv) any termination of, or other impact to, any Business Intellectual Property.

(f) Since the Applicable Date, there has been no material malfunction, failure, continued substandard performance, denial-of-service, or any event constituting a Security Incident to the Knowledge of the Company. Since the Applicable Date, the Company and its Subsidiaries have taken commercially reasonable efforts to safeguard the confidentiality, availability, security, and integrity of the Company IT Systems, in each case except as would not reasonably be expected to have, individually or in the aggregate, Material Adverse Effect.

(g) Since the Applicable Date, the Company and each of its Subsidiaries have complied in all material respects with applicable Data Privacy and Security Requirements, including the collection, use, processing, storage, transfer, and security of Personal Information in the conduct of the Company’s and its Subsidiaries’ businesses. Since the Applicable Date, to the Company’s knowledge, the Company