Company: PIM
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000928816-25-000374
Chunk: 29

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 29
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 meeting at which the adjournment is taken) with respect to one or more
matters to be considered at the meeting to a designated date (which may be more than 120 days after the date initially set for the meeting),
time and place, whether or not a quorum is present with respect to the matter. Upon motion of the chair of the meeting, the question of
adjournment may (but need not) be submitted to a vote of the shareholders, and in that case, any adjournment with respect to one or more
matters must be approved by the vote of holders of a majority of the shares present and entitled to vote with respect to the matter or
matters to be adjourned and, if approved, such adjournment shall take place without further notice (other than announcement at the meeting
at which the adjournment is taken). If the quorum required for the meeting has not been met, the persons named as proxies may propose
adjournment of the meeting and vote all shares that they are entitled to vote in favor of such adjournment. If the quorum required for
the meeting has been met, but sufficient votes in accordance with the Trustees’ recommendations are not received by the time scheduled
for the meeting, the persons named as proxies may also propose adjournment of the meeting with respect to any or all proposals in order
to permit solicitation of additional proxies. The persons named as proxies will vote in favor of adjournment those proxies that they are
entitled to vote in accordance with the Trustees’ recommendation. They will vote against adjournment those proxies required to be
voted contrary to the Trustees’ recommendation. Unless a proxy is otherwise limited in this regard, any shares present and entitled
to vote at a meeting that are represented by broker non-votes, may, at the discretion of the proxies named therein, be voted in favor
of such an adjournment. Adjournments may be proposed for a reasonable period or periods to permit further solicitation of proxies or for
any other reason. The funds will bear the costs of any additional solicitation and of any adjourned session. Any proposal for which sufficient
votes consistent with the Trustees’ recommendation have been received may be acted upon and considered final regardless of whether
the meeting is adjourned to permit additional solicitation with respect to any other proposal that may properly come before the meeting.

The record date initially set for a meeting will continue to apply
to any adjourned