Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 286

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 286
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 been previously provided or made available to Parent) is provided or made available to Parent, as the case may be, prior to or substantially concurrently with the time it is provided or made available to such Third Party (and in any event within 24 hours), and (B) the Company and its Subsidiaries will not pay, agree to pay or cause to be paid or reimburse, agree to reimburse or cause to be reimbursed, the expenses of any such Person in connection with any Acquisition Proposal or inquiry; and (iii) approve, authorize, agree, or publicly announce any intention to do any of the foregoing; provided that if any such action has the effect of withdrawing or amending, qualifying or modifying, in each case, in a manner adverse to Parent the Company Board Recommendation, such action shall be deemed to be an Adverse Recommendation Change unless the Board of Directors of the Company reaffirms the Company Board Recommendation in connection with such action.

(b) No Solicitation or Negotiation . Except as expressly permitted by Section 6.3(a) and Section 6.3(c) , until the earlier to occur of the termination of this Agreement pursuant to ARTICLE 10 and the Effective Time, neither the Company nor any of its Subsidiaries shall, and the Company and its Subsidiaries shall cause their respective Representatives not to, directly or indirectly, (i) solicit, initiate or knowingly take any action to facilitate or encourage the submission of any Acquisition Proposal, (ii) continue, encourage, enter into or participate in any discussions or negotiations with, furnish any non-public information relating to the Company or any of its Subsidiaries or afford access to the business, properties, assets, books or records of the Company or any of its Subsidiaries to any Third Party in furtherance of any Acquisition Proposal, (iii) withdraw or amend, qualify or modify, in each case, in a manner adverse to Parent, the Company Board Recommendation (or recommend, adopt, approve, endorse or otherwise declare advisable an Acquisition Proposal or make any public statement inconsistent with the Company Board Recommendation), it being understood that it shall be considered a modification of the Company Board Recommendation adverse to Parent if (A) any Acquisition Proposal structured as a tender or exchange offer is commenced by a Person other than a member of the Parent Affiliated Group and the Board of Directors of the Company fails to publicly recommend against acceptance of such tender or exchange offer by the Company stockholders in any solicitation or recommendation statement on Schedule 14D-9 filed by