Company: TXEMF
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001741773-25-001395
Chunk: 31

Company: TEMPLETON EMERGING MARKETS INCOME FUND
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 31
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 violation” means credible evidence, based upon which it would be unreasonable,
under the circumstances, for a prudent and competent attorney not to conclude that it is reasonably likely
that a material violation of an applicable U.S. federal or state securities law, a material breach of
fiduciary (or similar) duty to the Fund arising under U.S. federal or state law, or a similar material
violation of any U.S. federal or state law has occurred, is ongoing, or is about to occur.

III.Powers and Duties.

The
Committee shall have the following powers and duties to carry out its purposes:

(a) To select the auditors, subject to approval both by the Board and by a separate
vote of the Disinterested Board members, and, in connection therewith, to evaluate the independence and
qualifications of the auditors in accordance with applicable federal securities laws and regulations
and the rules and standards of the PCAOB.

(b)
To be directly responsible for approving the services to be provided by, and the compensation of, the
auditors, including:

(i)pre-approval of all audit and audit related services;

(ii)pre-approval of all non-audit related services to be provided to the Fund by the auditors;

(iii)pre-approval of all non-audit related services to be provided by the auditors to the Fund’s investment adviser3or to any entity that controls, is controlled by or is under common control with the Fund’s investment adviser and that provides ongoing services to the Fund where the non-audit services relate directly to the operations or financial reporting of the Fund; and

(iv)if deemed necessary or appropriate, as an alternative to Committee pre-approval of services to be provided by the auditors, as required by paragraphs (ii) and (iii) above:

(A)establishment by the Committee of policies and procedures to pre-approve such services, provided the policies and procedures are detailed as to the particular service and the Committee is informed of each service and such policies and procedures do not include delegation of audit committee responsibilities, as contemplated under the 1934 Act), to management; or

(B)delegation by the Committee to one or more designated members of the Committee who are Disinterested Board members of authority to pre-approve such services, provided the Committee is informed of the decisions of any member pursuant to such delegated authority no later than its next scheduled meeting;

subject, in the case of (ii) through (iv), to any waivers, exceptions or