Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 72

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 72
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reements provide for automatic termination in the event of an “assignment” (as defined in the 1940 Act).

Amendments

The New Management Agreements, in line with the MFS Management Agreements, generally provide that an amendment may be made with the mutual consent of the parties, provided that the terms of each such amendment shall be in writing and such amendment is approved by “vote of a majority of the outstanding voting securities” of the Trust (if such shareholder approval is required by the 1940 Act).

Board Consideration of
the New Management Agreements

On December 9-10, 2025 (the “Contract
Review Meeting”) the Trustees of the Board of each Trust, including all of the Independent Trustees, met to consider various
factors relating to the Transaction, including whether to recommend to shareholders the approval of the New Management Agreements.
In addition, Independent Trustees met on several occasions together and separately with senior executives and other representatives
of MFS and Aberdeen to discuss various aspects of the Transaction, including the New Management Agreements. The Trustees were assisted
in their evaluation of the New Management Agreements by independent legal counsel, from whom they received assistance and advice,
including a review of the legal standards applicable to the consideration of advisory arrangements, and with whom they met separately
from MFS and Aberdeen management. MFS had recommended that the Board approve the New Management Agreements in connection with its
consideration of the broader Transaction.

In connection with their deliberations regarding
the New Management Agreements, the Trustees, including the Independent Trustees, considered such information and factors as they
believed, in light of the legal advice furnished to them and their own business judgment, to be relevant. The New Management Agreement
for each Combined Fund was considered separately, although the Trustees also took into account the common interests of the Combined
Funds in their review, to the extent applicable. As described below, the Trustees considered the nature, quality, and extent of
the various investment advisory, administrative, and shareholder services to be performed by Aberdeen under the New Management
Agreements, and other proposed arrangements between Aberdeen and each Combined Fund, as appropriate.

In advance of the Contract Review Meeting and
at the request of the Independent Trustees, Aberdeen and MFS provided detailed information to the Board about the New Management
Agreements and the broader Transaction, as well as information about Aberdeen and MFS. MFS and Aberdeen responded to questions
and supplemental information requests from the Board in advance of and at the Contract Review