Company: CWAN
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001193125-25-058975
Chunk: 405

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 405
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 delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. Except as otherwise expressly provided in this Agreement, the rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by Applicable Law. A-82

Section 9.04 Fees and Expenses.

(a) Except as otherwise provided in this Agreement, all costs and expenses incurred in connection with this Agreement shall be paid by the
party incurring such cost or expense.

(b) In the event that:

(i) this Agreement is validly terminated pursuant to (Adverse Recommendation Change; Non-Solicit Breach);

(ii) this Agreement is validly terminated pursuant to
(Superior Proposal); or

(iii) this Agreement is validly terminated pursuant to
(x) (End Date), (y) (No Stockholder Approval) or (z) (Company Material Breach) and, in each case of clauses (x),
(y) and (z), (A) after the date hereof and prior to the termination of this Agreement, a bona fide Acquisition Proposal is publicly disclosed and not irrevocably withdrawn at least three (3) Business Days prior to the Stockholder Meeting
and (B) within 12 months after the date of such termination, the Company enters into any Acquisition Proposal or consummates any Acquisition Proposal (provided that for purposes of this subsection (iii), each reference to “20% or
more” or “80% or less” in the definition of Acquisition Proposal shall be deemed to be references to “more than 50%” or “less than 50%”, respectively);

then the Company shall pay to Parent the Company Termination Fee by wire transfer of same-day funds (x) in the
case of , within two Business Days after such termination, (y) in the case of , substantially concurrently with the termination of this Agreement pursuant
to and (z) in the case of , substantially concurrently with the entry into a definitive agreement with respect to such Acquisition Proposal or the
consummation of such Acquisition Proposal.

(c) The parties acknowledge and agree that in no event will the Company be required to pay the
Company Termination Fee on more than one occasion, whether or not the Company Termination Fee may be payable pursuant to more than one provision of this Agreement at the same or at different times and upon the occurrence