Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 48

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 48
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 respective Target Funds and each Trust’s receipt of certain routine certificates and legal opinions. Each Reorganization
is not contingent on the approval or consummation of any other Reorganization, with the exception that the Reorganization of VFL
will not occur unless the Reorganization of CXE is approved by its shareholders and other Transaction Conditions are otherwise
met, including the approval by shareholders of MFM of the New Management Agreement Proposal and New Board Proposal. In the event
that shareholders of MFM approve its Share Issuance Proposal and shareholders of VFL approve the applicable Reorganization Agreement,
but shareholders of CXE do not approve the applicable Reorganization Agreement or other Transaction Conditions are not met (i.e.,
shareholders of MFM do not approve the New Management Agreement Proposal or shareholders of MFM do not approve the New Board Proposal),
VFL will not merge into MFM and VFL will continue to operate as a stand-alone fund managed by Aberdeen under the oversight of VFL’s
current board of trustees. In addition, under the terms of the Purchase Agreement, the Proposed Board and Management Changes will
not take effect for MMT unless the Reorganizations of MIN and MCR, respectively, with and into MMT have occurred, and the Proposed
Board and Management Changes will not take effect for MFM unless the Reorganization of CXE with and into MFM has occurred.

Termination

Each Reorganization Agreement may be
terminated, and the Reorganization abandoned at any time (whether before or after approval thereof by the shareholders of the Target
Fund or the receipt of needed approvals by shareholders of the Acquiring Fund), (i) prior to the Closing Date by mutual agreement
of the Board of the Acquiring Fund and the Board of the relevant Target Fund; (ii) by the Board of the relevant Target Fund or
Acquiring Fund if any condition to that Fund’s obligations set forth in the Reorganization Agreement has not been fulfilled
or waived by such Board; or (iii) by the Board of the relevant Target Fund or Acquiring Fund due to a breach by the other Fund
of any representation, warranty, or agreement contained in the Reorganization Agreement to be performed at or before the Closing
Date, if not cured within 30 days. In addition, if the Purchase Agreement is validly terminated with respect to VFL or MFM, the
Reorganization Agreement with respect to VFL shall automatically terminate. If the Purchase Agreement is validly terminated with
respect to CXE, CMU or CXH,