Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 372

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 372
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 “ Non-Party ”) shall have any liability or obligation whatsoever in respect of, based upon or arising out of any Claims arising under this Equity Commitment Letter.

3. Enforcement . This Equity Commitment Letter shall be binding on the Investor solely for the benefit of Parent, and nothing set forth in this Equity Commitment Letter shall be construed to confer upon or give any Person, other than Parent, any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the Commitment or any other provision of this Equity Commitment Letter; provided , however , that subject to (i) the terms and conditions of the Merger Agreement, including, without limitation, Section 11.11 thereof, and (ii) fulfillment of the conditions precedent to Investor funding the Commitment set forth in Section 1(d) hereof, the Company is hereby made a third party beneficiary of the rights granted to Parent hereunder only for the purpose of obtaining specific performance of Parent’s right to cause the Commitment to be funded under Section 1 hereof, which right of specific performance may be sought directly against the Investor or indirectly through Parent, but, in each case, solely pursuant to the terms hereof, and for no other purpose.

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4. Representations and Warranties . The Investor hereby represents and warrants to Parent that (a) it has all requisite power and authority to execute, deliver and perform this Equity Commitment Letter, (b) the execution, delivery and performance of this Equity Commitment Letter by the Investor (i) has been duly and validly authorized and approved by all necessary action by it, and (ii) shall not result (x) in any material breach or violation of, or constitute a material default (or an event which, with notice or lapse of time or both, would constitute a default) under, any Applicable Law, or (y) in a material breach or violation of, or constitute a material default (or an event which, with notice or lapse of time or both, would constitute a default) under, or result in termination of, or accelerate the performance required by, any of the terms, conditions or provisions of (1) any material Contract to which the Investor is a party or otherwise bound or (2) the Investor’s organizational documents, (c) this Equity Commitment Letter has been duly and validly executed and delivered by it and (assuming due execution and delivery