Templeton Emerging Markets Income Fund T.TEI

Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.

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Templeton Emerging Markets Income Fund > Definition of a fair offer by TEI officers and directors

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Comment by HRc60to65on Jun 24, 2020 12:24pm

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Post# 31186204

RE:Definition of a fair offer by TEI officers and directors

From the June 23, 2020 page 20

2.8 Treatment of Stock Options and RSU

The Parties acknowledge and agree that the vesting of the outstanding Stock Options and RSUs will be accelerated, that all outstanding Stock Options and RSUs will become exercisable prior to the Effective Date, that the Company may facilitate the surrender of Stock Options and RSUs before the Effective Date in exchange for payment to the holders thereof of $0.0001 per Stock Option or RSU, as applicable, surrendered and that the Company and the directors of the Company may take all such actions as are necessary or desirable to effect the foregoing.

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