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Carparts.com Inc.

04/30/2024 | Press release | Distributed by Public on 04/30/2024 14:06

Material Agreement - Form 8-K

Item 1.01.
Entry into a Material Definitive Agreement.

On April 24, 2024, CarParts.com, Inc. (the "Company") entered into Amendment No. 1 to the Tax Benefits Preservation Plan (the "Amendment"). The Amendment makes clarifying changes relating to the definition of "Beneficial Owner", "Beneficially Own" and "Beneficial Ownership" contained in the Tax Benefits Preservation Plan, dated as of April 5, 2024 (the "Tax Plan"), between the Company and Computershare Trust Company, N.A., as rights agent.
The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 4.2 and is incorporated by reference.