Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 185

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 185
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 by the failure of such party to perform or comply with any of its obligations under the Merger Agreement;

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any order, judgement injunction, ruling, writ, award or decree by a court or other Governmental Authority of competent jurisdiction permanently restraining, enjoining or otherwise permanently prohibiting consummation of the Merger becomes final and non-appealable; provided, however, that the right to terminate the Merger Agreement pursuant to this bullet will not be available to a party if (i) the issuance, enforcement or entry of any such order, judgement, injunction, ruling, writ, award or decree, or (ii) such order, judgement, injunction, ruling, writ, award or decree becoming final and non-appealable, was primarily caused by the failure of such party to perform or comply with any of its obligations under the Merger Agreement; or

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at the Special Meeting (or any adjournment or postponement thereof) at which a vote on the approval of the Merger Proposal was taken, the Company Stockholder Approval is not obtained; provided, however, that in the event the Board has made an Adverse Recommendation Change, TrueCar may only terminate the Merger Agreement pursuant to this bullet if it has paid to Parent the Termination Fee pursuant to the Merger Agreement.

#### Termination by Parent
The Merger Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time (notwithstanding receipt of the Company Stockholder Approval) by Parent if:

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a Fundamental Termination Event occurs; or

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(i) there has been a breach of any covenant or agreement on the part of TrueCar set forth in the Merger Agreement; or (ii) any representation or warranty of TrueCar set forth in the Merger Agreement becomes inaccurate, and such breach or inaccuracy, in the cases of clauses (i) or (ii), (A) would result in certain conditions to the Closing not being satisfied and (B) is not curable within thirty (30) days, or if curable, is not cured within thirty (30) days of notice from Parent of such breach; provided, however, that the right to terminate the Merger Agreement pursuant to this bullet will not be available to Parent if Parent or Merger Subsidiary is then in breach of any covenant, agreement, representation or warranty contained in the Merger Agreement that, in each case would result in a failure of a condition precedent to TrueCar’s obligation to consummate the Merger.

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