Company: CWAN
Filing Date: 2025-02-11
Form Type: S-4
Source: 0001193125-25-023759
Chunk: 222

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-02-11
Form: S-4
Chunk 222
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 accordance with its terms, the Merger Agreement will become void and of no effect without
liability of any party, or any representative or no former, current or future officers, employees, directors, partners, direct or indirect equity holders, managers, members, attorneys, agents, advisors or other representatives of such party, to each
other party hereto (except that the Confidentiality Agreement and certain provisions of the Merger Agreement will survive termination of the Merger Agreement, including those with respect to (i) the effects of termination,
(ii) confidentiality, (iii) payment of filing fees pursuant to the HSR Act and other applicable antitrust laws or foreign investment laws and (iv) certain other miscellaneous provisions), except that no party will be relieved of liability
for any fraud or willful and material breach of the Merger Agreement.

The parties agree that any such liability payable by Clearwater,
Acquirer, Merger Sub or Merger Sub II will not be limited to reimbursement of expenses or out-of-pocket costs and may include the benefit of the bargain lost by Enfusion
or Enfusion Stockholders due to Enfusion Stockholders not receiving their applicable portion of the Merger Consideration that such holders would be entitled to receive pursuant to the terms of the Merger Agreement if the Transactions were
consummated in accordance with the terms of the Merger Agreement.

Expenses

Except as otherwise provided in the Merger Agreement, all costs and expenses incurred in connection with the Merger Agreement will be paid by
the party incurring such cost or expense.

Specific Performance; Remedies

The parties to the Merger Agreement are entitled, in addition to any other remedy to which they are entitled at law or in equity, to seek an
injunction, specific performance and other equitable relief from a court of competent jurisdiction to prevent breaches (or threatened breaches) of the Merger Agreement and to enforce specifically the terms of the Merger Agreement, without bond or
other security being required.

While Enfusion will be entitled to pursue both a grant of specific performance and the payment of monetary
damages, under no circumstances will Enfusion be entitled to both (1) obtain an order for specific performance to enforce Clearwater’s obligations to consummate the Closing and (2) receive monetary damages.

Governing Law

The Merger Agreement is governed by Delaware law, except that any legal proceeding by or against any party related to the Debt Financing,
arising out of or relating to the Merger Agreement, the Debt Financing or any of the