Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 296

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 296
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 investigation conducted by Parent and its Representatives pursuant to this Section 6.4 shall be conducted in a manner that does not (i) unreasonably interfere with the conduct of the business or operations of the Company or any of its Subsidiaries or (ii) create a risk of damage or destruction to any property or assets of the Company or any of its Subsidiaries. The terms and conditions of the Confidentiality Agreement, including the use restrictions therein, will apply to any information obtained by Parent or any of its Representatives in connection with any investigation conducted pursuant to the access contemplated by this Section 6.4 .

Section 6.5 Resignations . At the written request of Parent, the Company shall use reasonable best efforts to cause any director or officer of the Company or any director or officer of any of the Company’s Subsidiaries to resign in such capacity, with such resignations to be effective as of the Effective Time. Such resignations shall only constitute resignation as a director or officer of the Company or its Subsidiaries, and shall not, for the avoidance of doubt, affect his or her employment with the Company or any of its Subsidiaries.

Section 6.6 Payoff Letters . The Company shall, and shall direct its Representatives to, use reasonable best efforts to deliver or cause to be delivered to Parent at least five (5) Business Days prior to the Closing an executed payoff letter, in the form attached hereto as Exhibit A , or final invoices, in customary forms, from the Representatives of the Company set forth on Section 6.6 of the Company Disclosure Schedule, with respect to all fees, costs and expenses of the Company and its Subsidiaries incurred or to be incurred prior to and through the Closing Date in connection with the negotiation, preparation and execution of this Agreement, and the consummation of the Transactions and the Merger (collectively, “

#### Company Transaction Expenses
”) and (a) setting forth the aggregate amounts required to be paid in order to pay in full all obligations outstanding pursuant to such Company Transaction Expenses as of the Closing and providing wire instructions for such payment, and (b) providing that, upon payment in full of such amounts, the obligations of the Company and its Subsidiaries with respect to such payee shall be fully satisfied and of no further force and effect (other than customary indemnification provisions). Company shall pay or cause to paid such amounts in full on or before the Closing Date.

#### ARTICLE 7Covenants