Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 290

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 290
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 of its intent to take such action, which notice shall specify, as applicable, the (A) identity of the Person making any Superior Proposal and the material terms and conditions thereof (including any proposed draft Alternative Acquisition Agreement) or (B) the fact, event, change or development in circumstances giving rise to an Intervening Event. After delivery of such notice if requested by Parent, the Company shall, and shall direct its Representatives to, negotiate with Parent and its Representatives (to the extent Parent desires to do so) for a period ending at 11:59 p.m. (Pacific Time) on the fifth (5th) Business Day immediately following the date of such notice (the “

#### Notice Period
”) to amend this Agreement such that (x) the Superior Proposal giving rise to such notice would no longer constitute a Superior Proposal or (y) the Intervening Event giving rise to such notice would no longer provide the basis for an Adverse Recommendation Change. If the financial or other material terms of the relevant Acquisition Proposal are materially amended or modified, then the Company will deliver to Parent a new notice pursuant to this clause (ii), except that the Notice Period shall instead end at 11:59 p.m. (Pacific Time), on the third (3rd) Business Day immediately following the date such new notice is delivered to Parent (but no such new notice will shorten the initial Notice Period).

(iii) Notwithstanding anything to the contrary in this Agreement, the giving of a notice required by or otherwise complying with this Section 6.3(d) shall not constitute an Adverse Recommendation Change.

(e) Application of this Provision to Representatives . Any violation of the restrictions on the Company set forth in this Section 6.3 by any Representative of the Company or any of its Subsidiaries shall be deemed to be a breach of this Section 6.3 by the Company.

(f) Obligation to Terminate Discussions . Subject to this Section 6.3 , the Company (A) with respect to any No-Shop Party, on the date hereof, and (B) with respect to any other Third Party, other than an Excluded Party, on the No-Shop Period Start Date:

(i) shall, and shall cause its Subsidiaries to, cause its and their Representatives to, cease immediately and cause to be terminated any and all existing discussions or negotiations, if any, with any Third Party and its Representatives conducted prior to the date hereof with respect to any Acquisition Proposal, and

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