Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 99

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 99
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; and

WHEREAS, the Board of Trustees of
the Acquiring Fund (the “Acquiring Fund Board”) and the Board of Trustees of the Acquired Fund (the “Acquired Fund Board”) have authorized and approved the Reorganization; and

WHEREAS, each of Aberdeen and MFS
have entered into a purchase agreement (the “Purchase Agreement”) pursuant to which Aberdeen, or its
affiliate, agreed to acquire, and MFS agreed to sell, certain assets relating to MFS’s business; and

WHEREAS, it is intended that, for
federal income tax purposes, (i) the transactions contemplated by this Agreement shall qualify as a “reorganization”
within the meaning of Section 368(a)(1) of the Internal Revenue Code of 1986, as amended (the “Code”),
and (ii) that the Agreement shall constitute a “plan of reorganization” and liquidation for purposes of the Code.

NOW, THEREFORE, in consideration
of the premises and of the covenants and agreements hereinafter set forth, intending to be legally bound hereby, the parties hereto
covenant and agree as follows:

| 1. | THE REORGANIZATION AND FUND TRANSACTIONS |

1.1.The Reorganization.

(a) Subject
to the terms and conditions herein set forth and on the basis of the representations and warranties contained herein, and in accordance
with the laws of the Commonwealth of Massachusetts,

at the Effective Time (as defined in Section 2.5), the Acquired Fund shall
assign, deliver and otherwise transfer the Assets (as defined in Section 1.2) to the Acquiring Fund, and the Acquiring Fund shall
assume the Assumed Liabilities (as defined in paragraph 1.3) of the Acquired Fund in exchange for the Stock Consideration. At the
Effective Time, the Acquiring Fund shall issue Acquiring Fund Shares to the Acquired Fund, which shall transfer such shares to
the Acquired Fund Shareholders as hereinafter provided. The number of Acquiring Fund Shares shall be determined as set forth in
Section 2.3. [No fractional Acquiring Fund Shares (unless such shares are to be held in a Dividend Reinvestment and Cash Purchase
Plan Account) shall be issued and Acquired Fund Shareholders otherwise entitled to receive fractional Acquiring Fund Shares shall
be paid cash in lieu thereof, as provided in Section 2.4.]

(b)
The Acquired Fund will pay