Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 305

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 305
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. In such event, the term “Equity Financing” as used in this Agreement shall be deemed to include any Alternative Financing, and the term “Equity Commitment Letter” as used in this Agreement shall be deemed to include the commitment letter with respect to such Alternative Financing.

(d) If the aggregate amount of the Equity Financing committed to be funded at Closing, in combination with the Deposit Amount and the amount of the Company’s Cash on Hand at the Closing, would not reasonably be expected to equal or exceed the aggregate amount of the Merger Consideration payable pursuant to ARTICLE 2 of this Agreement, plus the aggregate amount of the Company Transaction Expenses and Parent Transaction Expenses, then Parent shall, and shall cause its Affiliates to, use its and their respective reasonable best efforts to arrange and obtain additional equity financing from the same or alternative sources (“

#### Additional Equity Financing
”). Parent shall deliver to the Company complete and correct copies of all agreements pursuant to which any Additional Equity Financing shall be made available to Parent promptly after the time such agreements are agreed, which agreements shall (i) provide that the Company is an express third-party beneficiary thereunder, entitled to enforce the Equity Commitment Letters

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related to any such Additional Equity Financing in accordance with their terms and (ii) not impose any conditions on the funding, investing or use of the full amount of the Additional Equity Financing contemplated by any such Equity Commitment Letters that are in any material respect less favorable to the Company and its stockholders than the conditions precedent set forth in Section 1.d. of the Equity Commitment Letter dated as of even date herewith between Parent and Investor. In such event, the term “Equity Financing” as used in this Agreement shall be deemed to include any Additional Equity Financing, and the term “Equity Commitment Letter” as used in this Agreement shall be deemed to include the commitment letters with respect to such Additional Equity Financing.

(e) Parent shall provide the Company, upon reasonable request, with such information and documentation as shall be reasonably necessary to allow the Company to monitor the progress of the Equity Financing, including any Additional Equity Financing. Parent shall promptly notify the Company in writing (i) of any breach or default by any party to any Equity Commitment Letter or any definitive agreement related thereto and (ii) of the receipt by Parent or Merger Subsidiary or any of their Affiliates or Representatives of any written notice or other written communication from any Person with