Company: CWAN
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001193125-25-058975
Chunk: 219

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 219
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 will cause the
Surviving Corporation to, maintain officers’ and directors’ liability insurance in respect of acts, errors or omissions occurring prior to the Effective Time covering each such person currently covered by Enfusion’s and its
subsidiaries’ officers’ and directors’ liability insurance policy on terms with respect to coverage and amount no less favorable than those of such policy in effect on the date of the Merger Agreement. Neither Clearwater nor the
Surviving Corporation will be obligated to pay annual premiums in excess of 300% of the amount per annum Enfusion paid in its last full fiscal year, and if such premiums for such insurance at any time exceeds such amount, then the Surviving
Corporation will cause to be maintained policies of insurance that, in the Surviving Corporation’s good faith judgment, provide the maximum coverage available at an annual premium equal to such amount.

Enfusion (with the prior written consent of Clearwater) may also purchase prepaid “tail” or “runoff” policies for any
other “claims-made” liability insurance coverage, including employment practices liability, professional liability and cyber and data security liability coverages; provided that such premiums for such insurance do not exceed 300% of
the amount per annum Enfusion paid in its last full fiscal year with respect to each such coverage. If any such prepaid policies have been obtained by Enfusion (with the prior written consent of Clearwater) prior to the Effective Time, the Surviving
Corporation will (and Clearwater will cause the Surviving Corporation to) maintain any and all such policies in full force and effect for their full term, and continue to honor the obligations thereunder.

From and after the Effective Time for six years, the Surviving Corporation will: (1) indemnify (including advancement of expenses within
five business days of receipt by the Surviving Corporation of a bona fide request therefor) and hold harmless each individual who at the Effective Time is, or at any time prior to the Effective Time was, a director or officer of Enfusion
(each an “”) for all reasonable and documented costs and expenses (including fees and expenses of legal counsel) imposed upon or incurred by such Indemnified Party in connection with or arising out of any action,
suit or other proceeding (whether civil or criminal) in which such Indemnified Party may be involved or with which he or she may be threatened by reason of the fact that such Indemnified Party is or was a director or officer of Enfusion or, while