Company: CWAN
Filing Date: 2025-01-13
Form Type: 425
Source: 0001193125-25-004988
Chunk: 157

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-01-13
Form: 425
Chunk 157
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 accordance
with this and (y) the payment of the Company Termination Fee, in no event shall Parent be entitled to both specific performance to cause the Company to consummate the Closing and the payment of the Company
Termination Fee.

(b) Notwithstanding anything herein to the contrary (including and
), it is acknowledged and agreed that neither Parent nor the Company shall be entitled to seek the remedy of specific performance with respect to Parent’s rights under the Debt Commitment Letter against
the Debt Financing Sources.

(c) The parties hereto further agree that, except as set forth in ,
(i) by seeking the remedies provided for in this , a party shall not in any respect waive its right to seek any other form of relief that may be available to a party under this Agreement (including monetary
damages) for breach of any of the provisions of this Agreement or in the event that this Agreement has been validly terminated or in the event that the remedies provided for in this are not available or
otherwise are not granted, and (ii) nothing set forth in this shall require any party hereto to institute any Proceeding for (or limit any party’s right to institute any Proceeding for) specific
performance under this prior or as a condition to exercising any termination right under (and pursuing damages after such termination), nor shall the commencement of any Proceeding pursuant
to this or anything set forth in this restrict or limit any party’s right to validly terminate this Agreement in accordance with the terms of or
pursue any other remedies under this Agreement that may be available at any time.

109

(d) Notwithstanding anything herein to the contrary and for the avoidance of doubt, nothing
in this nor shall limit in any way the remedies of the parties under the Confidentiality Agreement, as modified hereunder.

Section 9.10 Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of
competent jurisdiction or other Governmental Authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected,
impaired or invalidated so long as the economic or legal substance of the transactions contemplated by this Agreement is not affected in any manner materially adverse to any party. Upon such a determination, the parties hereto agree to negotiate in
good faith to modify this Agreement so as to effect the original intent of the parties hereto as closely as possible in an acceptable