Company: CWAN
Filing Date: 2025-03-06
Form Type: S-4/A
Source: 0001193125-25-048570
Chunk: 195

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-06
Form: S-4/A
Chunk 195
---
 form acceptable for transfer on the books of Enfusion, or an appropriate affidavit attesting to the loss, theft, 120

misplacement or destruction, as applicable of such Stock Certificate(s) and a bond of indemnity, in each case in form reasonably acceptable to the Exchange Agent and Clearwater or by an
appropriate guarantee of delivery of such Stock Certificates as set forth in such Election Form; provided that such Stock Certificates are in fact delivered to the Exchange Agent within five (5) business days after the date of execution of such guarantee of delivery. Clearwater and Enfusion will cooperate to issue a press release announcing the date of the Election Deadline not more than 10 nor fewer than four business days prior to the Election Deadline (the form and substance of such press release to be reasonably satisfactory to Clearwater and Enfusion).

Any holder of Eligible Shares may (i) change his
Election by written notice received by the Exchange Agent prior to the Election Deadline, accompanied by a properly completed and signed revised Election Form or (ii) revoke his Election by written notice received by the Exchange Agent prior to
the Election Deadline or by withdrawal prior to the Election Deadline of his Stock Certificates, or of the guarantee of delivery of such Stock Certificates, previously deposited with the Exchange Agent. If an Election Form is revoked, the Stock
Certificate(s) (or guarantees of delivery, as appropriate), if any, for the Eligible Shares to which such Election Form relates will be returned to the holder.

Enfusion Stockholders who have made elections will be unable to sell or otherwise transfer their shares after making the election, unless the
election is properly revoked before the Election Deadline or unless the Merger Agreement is terminated. Enfusion Stockholders who acquire shares after the Election Deadline will be unable to make an election for their shares, and their shares will
be treated as Non-Election Shares.

The Exchange Agent will have reasonable discretion to determine whether any Election, revocation
or change has been properly or timely made and to disregard immaterial defects in the Election Forms, and any good faith decisions of the Exchange Agent regarding such matters will be binding and conclusive. None of Clearwater, Merger Sub, Merger
Sub II or the Exchange Agent will be under any obligation to notify any individual, corporation, partnership, limited liability company, association, trust or other entity or organization, including a government or political subdivision or an agency
or instrumentality thereof (a “”) of any defect in an Election Form.

All Election Forms will automatically be