Company: CWAN
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001193125-25-058975
Chunk: 218

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 218
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 best efforts to give credit under each compensation, severance, retirement, vacation, paid time                                                                                                                                      
 off, fringe or other welfare benefit plan, program and arrangement of Clearwater and its subsidiaries, other than with respect to any equity compensation plan (the “post-closing plans”), to continuing employees for all service prior            
 to the Effective Time with Enfusion for purposes of eligibility to participate, levels of benefits and vesting and to the same extent for which such service was taken into account or recognized by Enfusion, but not to the extent crediting such 
 service would result in duplication of benefits and not for purposes of accruals under any defined benefit plans or frozen plans or plans that provides benefits to a grandfathered population;                                                     |

| • |     | assume any and all vacation and paid time off balances of continuing employees, and assume all costs and notice 
 obligations incurred in connection with terminations of non-continuing employees; and                           |

| • |     | for the purposes of each post-closing plan that provides health benefits to any continuing employee in the year                                                                                                                            
 in which the closing occurs, use its reasonable best efforts to (i) waive all limitations as to pre-existing and at-work conditions, waiting periods, required                                                                             
 physical examinations and exclusions with respect to participation and coverage requirements for such continuing employees and their eligible dependents to the same extent that such pre-existing conditions,                             
 waiting periods, required physical examinations and exclusions would not have applied or would have been waived under the corresponding Enfusion benefit plans and (ii) credit each continuing employee and their eligible dependents with 
 deductible payments and co-payments incurred by such continuing employee and their covered dependents prior to the Effective Time.                                                                                                         |

If requested in writing by Clearwater no later than ten business days prior to the Effective Time, Enfusion will adopt written resolutions to terminate, effective as of no later than immediately before the Closing Date, any Enfusion benefit plan sponsored by Enfusion or its subsidiaries that is intended to qualify as a qualified cash or deferred arrangement within the meaning of Section 401(k) of the Code. 138

Prior to making any written or oral communications intended for broad-based or general
distributions to continuing employees pertaining to compensation or benefit matters that are affected by the Merger Agreement, Enfusion will provide Clearwater with a copy of the intended communication.

Director and Officer Indemnification and Insurance

The Merger Agreement provides that, for six years after the Effective Time, the Surviving Corporation will, and Clearwater