<SEC-DOCUMENT>0000940394-19-000485.txt : 20190228
<SEC-HEADER>0000940394-19-000485.hdr.sgml : 20190228
<ACCEPTANCE-DATETIME>20190228152945
ACCESSION NUMBER:		0000940394-19-000485
CONFORMED SUBMISSION TYPE:	POS EX
PUBLIC DOCUMENT COUNT:		10
FILED AS OF DATE:		20190228
DATE AS OF CHANGE:		20190228
EFFECTIVENESS DATE:		20190228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074540
		IRS NUMBER:				046880058

	FILING VALUES:
		FORM TYPE:		POS EX
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-227660
		FILM NUMBER:		19642773

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617-482-8260

	MAIL ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
</SEC-HEADER>
<DOCUMENT>
<TYPE>POS EX
<SEQUENCE>1
<FILENAME>evnposex.htm
<DESCRIPTION>EATON VANCE MUNICIPAL INCOME TRUST
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0; text-align: center">As filed with the Securities and Exchange Commission
on February 28, 2019</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0; text-align: right; text-indent: 3.5in">1933 Act File No. 333-227660</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-underline-style: double"><U></U></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">U.S. SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">WASHINGTON, D.C. 20549</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">FORM N-14</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">REGISTRATION STATEMENT</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">UNDER THE SECURITIES ACT OF 1933</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0 0 0 0.5in; text-align: center"><FONT STYLE="font-family: NewsGoth Dm BT,sans-serif; font-size: 11pt">Pre-Effective
Amendment No. &#9;</FONT>[_]</P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-family: NewsGoth Dm BT,sans-serif; font-size: 11pt">Post-Effective
Amendment No. 1&#9;</FONT>[X]</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">EATON VANCE MUNICIPAL INCOME TRUST</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">(Exact name of Registrant as Specified in Charter)</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">Two International Place, Boston, MA 02110</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">(Address of Principal Executive Offices)</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">(617) 672-8305</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">(Registrant's Telephone Number)</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal">MAUREEN A. GEMMA</FONT></P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">Two International Place, Boston, MA 02110</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">(Name and Address of Agent for Service)</P>


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<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0 0.5in 0 0"><BR STYLE="clear: both">
</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 3pt 0 12pt; text-align: center">EXPLANATORY NOTE</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 3pt 0 12pt">The Joint Prospectus/Proxy Statement and Statement of Additional
Information, each in the form filed on November 7, 2018 on Form N-14 8C/A (File No. 333-227660) (Accession No. 0000940394-18-001758),
as supplemented by the filing made pursuant to Rule 497 on November 9, 2018 (Accession No. 0000940394-18-001766), are incorporated
herein by reference.</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 3pt 0 12pt">This amendment is being filed in order to file, as Exhibits
4 and 12 to this Registration Statement, the Agreement and Plan of Reorganization and the tax opinion of Ropes &amp; Gray LLP,
special U.S. federal income tax counsel for the Registrant.</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0 0.5in">&nbsp;</P>


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<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0 0.5in; text-align: center">PART C</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0 0.5in; text-align: center">OTHER INFORMATION</P>

<P STYLE="font: 10pt NewsGoth Dm BT,sans-serif; margin: 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0 0 0 0.5in">Item 15. Indemnification</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in">Article IV of the Registrant&#8217;s Agreement and Declaration
of Trust permits Trustee and officer indemnification by By-Law, contract and vote. Article XI of the By-Laws contains indemnification
provisions.</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in">The Registrant&#8217;s Trustees and officers are insured under
a standard mutual fund errors and omissions insurance policy covering loss incurred by reason of negligent errors and omissions
committed in their capacities as such.</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in">The advisory agreement of the Registrant provides the investment
adviser limitation of liability to the Trust and its shareholders in the absence of willful misfeasance, bad faith, gross negligence
or reckless disregard of obligations or duties under the agreement.</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt NewsGoth Dm BT,sans-serif; margin: 0 0.5in">Item 16. Exhibits</P>

<P STYLE="font: 10pt NewsGoth Dm BT,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(1)</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Agreement and Declaration of Trust dated December 10, 1998 filed as
        Exhibit (a) to Registrant&#8217;s Initial Registration Statement on Form N-2 (File No. 811-09141) as to the Registrant&#8217;s
        common shares of beneficial interest (&#8220;Common Shares&#8221;) filed with the Securities and Exchange Commission (the &#8220;Commission&#8221;)
        on December 11, 1998 (the &#8220;Initial Common Shares Registration Statement&#8221;) (Accession No. 0000940394-98-000411) and
        incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to Agreement and Declaration of Trust dated August 11, 2008 filed as Exhibit (1)(b) to Registrant&#8217;s Registration Statement
        on Form N-14 8C (&#8220;Registrant&#8217;s N-14&#8221;) filed with the Commission on December 18, 2008 (Accession No. 0000940394-08-001591)
        and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(2)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">By-Laws filed
        as Exhibit (b) to Registrant&#8217;s Initial Common Shares Registration Statement filed with the Commission on December 11, 1998
        (Accession No. 0000940394-98-000411) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated August 16, 1999 filed as Exhibit (2)(c) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated February 13, 2003 filed as Exhibit (2)(d) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(d)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated December 20, 2004 filed as Exhibit (2)(e) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(e)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated February 7, 2005 filed as Exhibit (2)(f) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(f)</FONT></TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated February 8, 2005 filed as Exhibit (2)(g) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(g)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated December 11, 2006 filed as Exhibit (2)(i) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(h)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated August 11, 2008 filed as Exhibit (2)(j) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(i)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Amendment
        to the By-Laws dated November 17, 2008 filed as Exhibit (2)(k) to Registrant&#8217;s N-14 8C filed with the Commission on December
        18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(j)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">Amendment to
        the </FONT><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">By-Laws dated April 23, 2012 filed as Exhibit (b)(12) to Registrant&#8217;s
        N-2/A filed with the Commission on May 22, 2013 (Accession No. 0000940394-13-000699) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(k)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth BT, Sans-Serif; font-size: 11pt">Amendment to the </FONT><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">By-Laws effective February 26, 2016 filed as Exhibit (2)(k) to the Registrant&#8217;s Initial Registration Statement under Form N-14 8C filed with the Commission on July 25, 2018 (Accession No. 0000940394-08-001387) and incorporated herein by reference.</FONT><BR>
<BR>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(3)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Not Applicable.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(4)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Agreement and Plan of Reorganization for Eaton Vance Ohio Municipal
        Income Trust &#8211; filed herewith.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Agreement and Plan of Reorganization for Eaton Vance Pennsylvania Municipal
        Income Trust &#8211; filed herewith.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Agreement and Plan of Reorganization for Eaton Vance Massachusetts Municipal
        Income Trust &#8211; filed herewith.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(5)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Specimen
        Certificate for Common Shares of Beneficial Interest filed as Exhibit (d)(1) to Registrant&#8217;s Pre-Effective Amendment No.
        1 to the Initial Common Shares Registration Statement on Form N-2/A filed with the Commission on January 26, 1999 (Accession No.
        0000950135-99-000298) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(6)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Investment
        Advisory Agreement dated December 21, 1998, filed as Exhibit (2)(g) to Registrant&#8217;s Pre-Effective Amendment No. 1 to the
        Initial Common Shares Registration Statement on Form N-2/A filed with the Commission on January 26, 1999 (Accession No. 0000950135-99-000298)
        and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Fee Reduction Agreement dated August 11, 2008 between each Fund listed
        on Appendix A (the Funds) and Eaton Vance Management (the Adviser) filed as Exhibit (g)(2) to Registrant&#8217;s Pre-Effective
        Amendment No. 3 to the Initial Common Shares Registration Statement on Form N-2/A filed with the Commission on June 28, 2013 (Accession
        No. 0000940394-13-000891) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Fee Reduction Agreement dated April 26, 2010 between each Fund listed
        on Appendix A (the Funds) and Eaton Vance Management (the Adviser) filed as Exhibit (g)(3) to Registrant&#8217;s Pre-Effective
        Amendment No. 3 to the Initial Common Shares Registration Statement on Form N-2/A filed with the Commission on June 28, 2013 (Accession
        No. 0000940394-13-000891) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(d)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Amended and Restated Fee Reduction Agreement dated October 15, 2018
        to Agreement dated April 26, 2010 between Eaton Vance Municipal Income Trust and Eaton Vance Management filed as Exhibit (6)(d)
        to the Registrant&#8217;s Initial Registration Statement under Form N-14 8C filed with the Commission on October 15, 2018 (Accession
        No. 0000940394-18-001678) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(7)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Form of Underwriting
        Agreement dated January 26, 1999 with respect to Common Shares filed as Exhibit (h)(1) to Registrant&#8217;s Pre-Effective Amendment
        No. 1 to the Initial Common Shares Registration Statement on Form N-2/A filed with the Commission on January 26, 1999 (Accession
        No. 0000950135-99-000298) and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Master Agreement
        among Underwriters with respect to Common Shares filed as Exhibit (h)(2) to Registrant&#8217;s Pre-Effective Amendment No. 1 to
        the Initial Common Shares Registration Statement on Form N-2/A filed with the Commission on January 26, 1999 (Accession No. 0000950135-99-000298)
        and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Courier New, Courier, Monospace; margin: 0"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif">Master Selected
        Dealers Agreement with respect to Common Shares filed as Exhibit (h)(3) to Registrant&#8217;s Pre-Effective Amendment No. 1 to
        the Initial Common Shares Registration Statement on Form N-2/A filed with the Commission on January 26, 1999 (Accession No. 0000950135-99-000298)
        and incorporated herein by reference</FONT><FONT STYLE="font-family: NewsGoth BT, Sans-Serif">.</FONT></P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(d)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Form of Distribution Agreement with respect to the Rule 415 shelf offering
        is incorporated by reference to Pre-Effective Amendment No. 1 to the Registrant&#8217;s Shelf Registration Statement filed with
        the Commission on September 20, 2016 (Accession No. 000940394-16-003044) (&#8220;Form of Distribution Agreement&#8221;).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(e)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Form of Sub-Placement Agent Agreement between Eaton Vance Distributors,
        Inc. and UBS Securities LLC is incorporated by reference to Pre-Effective Amendment No. 1 to the Registrant&#8217;s Shelf Registration
        Statement filed with the Commission on September 20, 2016 (Accession No. 000940394-16-003044) (&#8220;Form of Sub-Placement Agent
        Agreement&#8221;).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(8)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Not Applicable.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(9)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">Amended and Restated Master Custodian Agreement between Eaton Vance Funds and State
        Street Bank &amp; Trust Company dated September 1, 2013 filed as Exhibit (g)(1) to Post-Effective Amendment No. 211 filed September
        24, 2013 (Accession No. 0000940394-13-001073) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">Amended and Restated Services Agreement with State Street Bank &amp; Trust Company
        dated September 1, 2010 filed as exhibit (g)(2) to Post-Effective Amendment No. 108 of Eaton Vance Special Investment Trust (File
        Nos. 002-27962, 811-01545) filed September 27, 2010 (Accession No. 0000940394-10-001000) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Courier New, Courier, Monospace"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">Amendment Number 1 dated May 16, 2012 to Amended and Restated Services Agreement
        with State Street Bank &amp; Trust Company dated September 1, 2010 filed as Exhibit (g)(3) to Post-Effective Amendment No. 39 of
        Eaton Vance Municipals Trust II (File Nos. 033-71320, 811-08134) filed May 29, 2012 (Accession No. 0000940394-12-000641) and incorporated
        herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(d)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">Amendment dated September 1, 2013 to Amended and Restated Services Agreement with
        State Street Bank &amp; Trust Company dated September 1, 2010 filed as Exhibit (g)(4) to Post-Effective Amendment No. 211 filed
        September 24, 2013 (Accession No. 0000940394-13-001073) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(10)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0; text-indent: 0.9pt">Not Applicable.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0; text-indent: 0.9pt">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(11)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Opinion and Consent of Counsel filed as exhibit (11) to the Registrant&#8217;s
        Pre-Effective Amendment No. 1 to Form N-14 8C/A filed on November 7, 2018 (Accession No. 0000940394-18-001758).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(12)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Opinion of Ropes &amp; Gray LLP supporting the tax matters discussed
        in the Proxy Statement/Prospectus for Eaton Vance Ohio Municipal Income Trust &#8211; filed herewith.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Opinion of Ropes &amp; Gray LLP supporting the tax matters discussed
        in the Proxy Statement/Prospectus for Eaton Vance Pennsylvania Municipal Income Trust &#8211; filed herewith.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c) </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Opinion of Ropes &amp; Gray LLP supporting the tax matters discussed
        in the Proxy Statement/Prospectus for Eaton Vance Massachusetts Municipal Income Trust &#8211; filed herewith.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(13)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0.9pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">Transfer Agency and Services Agreement dated April 13, 2017 filed as Exhibit (k)(1) to Pre-Effective Amendment No. 1 of Eaton Vance Floating-Rate 2022 Target Term Trust (File Nos. 333-216805, 811-23240) filed with the Commission on June 28, 2017 (Accession No. 0001193125-17-215501) and incorporated herein by reference.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">Administration Agreement dated December 21, 1998 with respect to Common Shares
        filed as Exhibit (k)(2) to Registrant&#8217;s Pre-Effective Amendment No. 1 to the Initial Common Shares Registration Statement
        on Form N-2/A filed with the Commission on January 26, 1999 (Accession No. 0000950135-99-000298) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0 0 0 0.2pt">Letter Agreement with Eaton Vance Management dated January 21, 1999 filed
        as Exhibit (p) to Registrant&#8217;s Pre-Effective Amendment No. 1 to the Initial Common Shares Registration Statement on Form
        N-2/A filed with the Commission on January 26, 1999 (Accession No. 0000950135-99-000298) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Courier New, Courier, Monospace; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(d)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">Form of Calculation and Paying Agent Agreement between Each Fund Listed on Annex
        A and The Bank of New York Mellon dated as of December 11, 2015 filed as Exhibit (13)(d) to the Registrant&#8217;s Initial Registration
        Statement under Form N-14 8C filed with the Commission on July 25, 2018 (Accession No. 0000940394-08-001387) and incorporated herein
        by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT; margin: 0">&nbsp;</P></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Courier New, Courier, Monospace; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(14)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Consent of Independent Registered Public Accounting Firm filed as exhibit
        (14) to the Registrant&#8217;s Pre-Effective Amendment No. 1 to Form N-14 8C/A filed on November 7, 2018 (Accession No. 0000940394-18-001758).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(15)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Not Applicable.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(16)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">Power of Attorney dated October 10, 2018 filed as Exhibit (16) to the Registrant&#8217;s Initial Registration Statement under Form N-14 8C filed with the Commission on October 15, 2018 (Accession No. 0000940394-18-001678) and incorporated herein by reference.</FONT><BR>
<BR>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(17)</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(i)</FONT></TD>
    <TD STYLE="width: 80%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Massachusetts Municipal Income Trust Annual Report to Shareholders
        for the period ended November 30, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the Commission
        on January 25, 2019 (Accession No. 0001193125-19-016939).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(ii)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Municipal Income Trust Annual Report to Shareholders for
        the period ended November 30, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the Commission
        on January 25, 2019 (Accession No. 0001193125-19-016962).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(iii)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Ohio Municipal Income Trust Annual Report to Shareholders
        for the period ended November 30, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the Commission
        on January 25, 2019 (Accession No. 0001193125-19-016952).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(iv)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Pennsylvania Municipal Income Trust Annual Report to Shareholders
        for the period ended November 30, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the Commission
        on January 25, 2019 (Accession No. 0001193125-19-016957).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(i)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Massachusetts Municipal Income Trust Semiannual Report to
        Shareholders for the period ended May 31, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the
        Commission on July 26, 2018 (Accession No. 0001193125-18-227671).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(ii)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Municipal Income Trust Semiannual Report to Shareholders
        for the period ended May 31, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the Commission
        on July 26, 2018 (Accession No. 0001193125-18-227694).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(iii)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Ohio Municipal Income Trust Semiannual Report to Shareholders
        for the period ended May 31, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the Commission
        on July 26, 2018 (Accession No. 0001193125-18-227679).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 26.1pt; text-indent: -26.1pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(iv)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Eaton Vance Pennsylvania Municipal Income Trust Semiannual Report to
        Shareholders for the period ended May 31, 2018 is incorporated herein by reference to the Registrant's Form N-CSR filed with the
        Commission on July 26, 2018 (Accession No. 0001193125-18-227685).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Courier New, Courier, Monospace; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0 0 0 0.2pt; text-indent: -0.2pt">Form of Proxy previously filed following
        the Prospectus/Proxy Statement included in the Registrant&#8217;s Pre-Effective Amendment No. 1 to Form N-14 8C/A filed on November
        7, 2018 (Accession No. 0000940394-18-001758).</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0 0 0 30.6pt; text-indent: -30.6pt">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(d)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Dividend Reinvestment Plan with respect to Common Shares filed as Exhibit
        (2)(e) to Registrant&#8217;s Pre-Effective Amendment No. 1 to the Initial Common Shares Registration Statement on Form N-2/A filed
        with the Commission on January 26, 1999 (Accession No. 0000950135-99-000298) and incorporated herein by reference.</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(e)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">Amended and Restated Dividend Reinvestment Plan filed as Exhibit (17)(c) to Registrant&#8217;s N-14 filed with the Commission on December 18, 2008 (Accession No. 0000940394-08-001591) and incorporated herein by reference.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0 0 0 0.5in">Item 17. Undertakings</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0 0 0 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned
Registrant agrees that prior to any public reoffering of the securities registered through the use of a prospectus which is a part
of this Registration Statement by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c) under
the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;), the reoffering prospectus will contain the information called
for by the applicable registration form for the reofferings by persons who may be deemed underwriters, in addition to the information
called for by the other items of the applicable form.</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0 0 0 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned
Registrant agrees that every prospectus that is filed under paragraph (1) above will be filed as a part of an amendment to the
Registration Statement and will not be used until the amendment is effective, and that, in determining any liability under the
1933 Act, each post-effective amendment shall be deemed to be a new registration statement for the securities offered therein,
and the offering of the securities at that time shall be deemed to be the initial bona fide offering of them.</P>

<P STYLE="font: 10pt NewsGoth Dm BT,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0 0 0 0.5in; text-align: center">NOTICE</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0 0 0 0.5in">A copy of the Agreement and Declaration of Trust of Eaton
Vance Municipal Income Trust is on file with the Secretary of State of the Commonwealth of Massachusetts and notice is hereby given
that this instrument is executed on behalf of the Registrant by an officer of the Registrant as an officer and not individually
and that the obligations of or arising out of this instrument are not binding upon any of the Trustees, officers or shareholders
individually, but are binding only upon the assets and property of the Registrant.</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt NewsGoth Lt BT,sans-serif; margin: 0">As required by the Securities Act of 1933, as amended, this Registration
Statement has been signed on its behalf by the Registrant, in the City of Boston and the Commonwealth of Massachusetts, on the
28<SUP>th</SUP> day of February, 2019.</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">EATON VANCE MUNICIPAL INCOME TRUST</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0 0 0 3in">By:&#9;<U>/s/ Payson F. Swaffield&#9;</U></P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0; text-indent: 3.5in">Payson F. Swaffield</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0 0 0 3in; text-indent: 0.5in">President</P>

<P STYLE="font: 10pt NewsGoth BT, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt NewsGoth Lt BT,sans-serif; margin: 0">Pursuant to the requirements of Section 6(a) of the 1933 Act, this Registration
Statement has been signed below by the following persons in the capacities and on the date indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Courier New, Courier, Monospace; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 38%; padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt"><U>Signatures</U></FONT></TD>
    <TD STYLE="width: 35%; padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt"><U>Title</U></FONT></TD>
    <TD STYLE="width: 27%; padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; font: normal 11pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Date</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">/s/ Payson F. Swaffield</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Payson F. Swaffield</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">President (Chief Executive Officer)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">/s/ James F. Kirchner</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Treasurer (Principal Financial</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">James F. Kirchner</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">and Accounting Officer)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Thomas E. Faust Jr.*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Thomas E. Faust Jr.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Mark R. Fetting*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Mark R. Fetting</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Cynthia E. Frost*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Cynthia E. Frost</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">George J. Gorman*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">George J. Gorman</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Valerie A. Mosley*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Valerie A. Mosley</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">William H. Park*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">William H. Park</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Helen Frame Peters*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Helen Frame Peters</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Keith Quinton*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Keith Quinton</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Marcus L. Smith*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Marcus L. Smith</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Susan J. Sutherland*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Susan J. Sutherland</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Scott E. Wennerholm*</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Scott E. Wennerholm</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">Trustee</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">February 28, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 10pt">* By: /s/ Maureen A. Gemma</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt NewsGoth Lt BT,sans-serif; margin: 0; text-indent: 0.5in">Maureen A. Gemma</P>
        <P STYLE="font: 10pt NewsGoth Lt BT,sans-serif; margin: 0; text-indent: 0.5in">As Attorney-in-Fact</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">EXHIBIT INDEX</P>

<P STYLE="font: 11pt NewsGoth Dm BT,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">The following exhibits are filed as a part of this Registration Statement:</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Courier New, Courier, Monospace; border-collapse: collapse">
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    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Dm BT,sans-serif; font-size: 11pt"><U>Exhibit Number</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Dm BT,sans-serif; font-size: 11pt"><U>Description</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Dm BT,sans-serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Dm BT,sans-serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 81%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Dm BT,sans-serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Agreement and Plan of Reorganization for Eaton Vance Ohio Municipal
        Income Trust</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Agreement and Plan of Reorganization for Eaton Vance Pennsylvania Municipal
        Income Trust</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">Agreement and Plan of Reorganization for Eaton Vance Massachusetts Municipal Income Trust</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(12)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Opinion of Ropes &amp; Gray LLP supporting the tax matters discussed
        in the Proxy Statement/Prospectus for Eaton Vance Ohio Municipal Income Trust</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Opinion of Ropes &amp; Gray LLP supporting the tax matters discussed
        in the Proxy Statement/Prospectus for Eaton Vance Pennsylvania Municipal Income Trust</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: NewsGoth Lt BT,sans-serif; font-size: 11pt">(c) </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">Opinion of Ropes &amp; Gray LLP supporting the tax matters discussed
        in the Proxy Statement/Prospectus for Eaton Vance Massachusetts Municipal Income Trust</P>
        <P STYLE="font: 11pt NewsGoth Lt BT,sans-serif; margin: 0">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt NewsGoth BT, Sans-Serif; margin: 0"></P>

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<TYPE>EX-99.(4)(A)
<SEQUENCE>2
<FILENAME>exhibit4a_ex-99z4a.htm
<DESCRIPTION>AGREEMENT AND PLAN OF REORGANIZATION
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<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt 1pt; text-align: right">EXHIBIT (4)(a)</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt 1pt; text-align: center">AGREEMENT AND PLAN OF REORGANIZATION</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-indent: 38pt">THIS AGREEMENT AND PLAN OF REORGANIZATION
(&ldquo;Agreement&rdquo;) is made as of this 14th day of January, 2019, by and between Eaton Vance Municipal Income Trust (the
&ldquo;Acquiring Fund&rdquo;), a Massachusetts business trust, and Eaton Vance Ohio Municipal Income Trust (the &ldquo;Acquired
Fund&rdquo; and with the Acquiring Fund, the &ldquo;Funds&rdquo;), each a Massachusetts business trust.</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.65pt 1pt; text-align: center">WITNESSETH</P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 38pt">WHEREAS,
the Funds are registered under the Investment Company Act of 1940, as amended (the &ldquo;1940 Act&rdquo;) as closed-end management
investment companies;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">WHEREAS, the
Funds desire to provide for the reorganization of the Acquired Fund through the merger of the Acquired Fund into a wholly-owned
subsidiary (the &ldquo;Merger Subsidiary&rdquo;) of the Acquiring Fund, followed by a merger of the Merger Subsidiary into the
Acquiring Fund, in the manner set forth herein;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">WHEREAS, it
is intended that the reorganization described in this Agreement shall be a reorganization within the meaning of Section 368 of
the Internal Revenue Code of 1986, as amended (the &ldquo;Code&rdquo;) and that this Agreement shall constitute a &ldquo;plan of
reorganization&rdquo; for purposes of the Code;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">NOW, THEREFORE,
in consideration of the mutual promises herein contained, the parties hereto agree as follows:</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Definitions</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;1933 Act&rdquo; shall mean the Securities Act of 1933, as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;1934 Act&rdquo; shall mean the Securities Exchange Act of 1934, as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Agreement&rdquo; shall mean this Agreement and Plan of Reorganization.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Assumed Liabilities&rdquo; shall mean all liabilities, expenses, costs, charges
and receivables of the Acquired Fund as of the Close of Trading on the New York Stock Exchange on the Valuation Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;By-Laws&rdquo; shall mean (i) with respect to the Acquiring Fund, the By-Laws
of Eaton Vance Municipal Income Trust; (ii) with respect to the Acquired Fund, the By-Laws of Eaton Vance Ohio Municipal Income
Trust, each as subsequently amended, supplemented, amended and restated or otherwise revised from time to time.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Business Day&rdquo; shall mean any day that the New York Stock Exchange is
open.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Close of Trading on the NYSE&rdquo; shall mean the close of regular trading
on the NYSE, which is usually 4:00 p.m. Eastern time.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Closing&rdquo; shall mean the closing of the transaction contemplated by this
Agreement.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Closing Date&rdquo; shall mean January 18, 2019, provided all necessary approvals
have been received, or such other date as may be agreed by the parties on which the Closing is to take place.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Commission&rdquo; shall mean the Securities and Exchange Commission.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.65pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Custodian&rdquo; shall mean State Street Bank and Trust Company.</FONT></P>


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<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.12</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Declaration of Trust&rdquo; shall mean, (i) with respect to the Acquiring
Fund, the Agreement and Declaration of Trust of Eaton Vance Municipal Income Trust and (ii) with respect to the Acquired Fund,
the Agreement and Declaration of Trust of Eaton Vance Ohio Municipal Income Trust, each as subsequently amended, supplemented,
amended and restated or otherwise revised from time to time.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.13</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Delivery Date&rdquo; shall mean the date contemplated by Section 3.3 of this
Agreement.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.14</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;IMTP&rdquo; shall mean the Institutional MuniFund Term Preferred Shares issued
by Acquired Fund and outstanding as of the Closing Date.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.15</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Merger Subsidiary&rdquo; shall mean a wholly-owned Delaware limited liability
company of the Acquiring Fund that is registered as an investment company under the 1940 Act.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.16</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Acquired Fund N-14&rdquo; shall mean the Acquiring Fund registration statement
on Form N-14, including a Proxy Statement/Prospectus as may be amended, that describes the transactions contemplated by this Agreement
and registers the Acquiring Fund Merger Shares to be issued in connection with this transaction.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.17</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Acquiring Fund Merger Shares&rdquo; shall have the meaning given in Section
4.1 of this Agreement.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.18</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;NYSE&rdquo; shall mean the New York Stock Exchange.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.19</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Proxy Statement&rdquo; shall mean the Proxy Statement/Prospectus furnished
to the Acquired Fund&rsquo;s shareholders in connection with this transaction.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.20</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Securities List&rdquo; shall mean the list of those securities and other assets
owned by the Acquired Fund on the Delivery Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.21</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Valuation Date&rdquo; shall mean the day of the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Transfer and Exchange of Assets</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Reorganization of the Acquired Fund. At the Closing, pursuant to Delaware&rsquo;s merger statute
and subject to the requisite approval of the shareholders and the terms and conditions set forth herein, the Acquired Fund shall
transfer all of the assets and assign all Assumed Liabilities to the Merger Subsidiary, and the Merger Subsidiary shall acquire
such assets and shall assume such Assumed Liabilities upon delivery by the Merger Subsidiary to the Acquired Fund on the Closing
Date of common shares of the Acquiring Fund (including fractional shares if applicable) having an aggregate net asset value equal
to the value of the assets so transferred, assigned and delivered, less the Assumed Liabilities, all determined and adjusted as
provided in Section 2.3. Upon delivery of the assets, the Merger Subsidiary will receive good and marketable title thereto free
and clear of all liens. Immediately after the Closing, the Merger Subsidiary will merge with and into the Acquiring Fund, with
the Merger Subsidiary distributing its assets to the Acquiring Fund, and the Acquiring Fund will assume the liabilities of the
Merger Subsidiary, all upon the terms and conditions hereinafter set forth in this Agreement (the &ldquo;Liquidation Merger&rdquo;).
It is intended that the exchange of assets and liabilities between the Merger Subsidiary and the Acquired Fund contemplated in
this paragraph, along with the distributions described in Section 4.1 shall constitute a merger of the Acquired Fund into the Merger
Subsidiary for purposes of the Delaware Limited Liability Company Act (the &ldquo;Act&rdquo;), and such merger shall be completed
in accordance with the applicable provisions of the Act, including Section 18-209 thereof. It is further intended that the exchange
of assets and liabilities between the Merger Subsidiary and the Acquiring Fund contemplated in this paragraph shall constitute
a merger of the Merger Subsidiary into the Acquiring Fund for purposes of the Act, and such merger shall be completed in accordance
with the applicable provisions of the Act, including Section 18-209 thereof.</FONT></P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">IMTP Redemption. In conjunction with the foregoing, at the Closing, the Acquiring Fund shall
pay to the Acquired Fund cash consideration equal in value to the aggregate liquidation preference of any IMTP of the Acquired
Fund that are then outstanding, plus any accumulated unpaid dividends or other distributions. The Acquired Fund shall use such
cash consideration exclusively to redeem all outstanding IMTP.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Computation of Net Asset Value. The net asset value per share of the Acquiring Fund Merger
Shares and the net value of the assets of the Acquired Fund subject to this Agreement shall, in each case, be determined as of
the Close of Trading on the NYSE on the Valuation Date, after the declaration and payment of any dividend on that date. The net
asset value of the Acquiring Fund Merger Shares shall be determined pursuant to the regular procedures of the investment adviser
on behalf of the Funds. In determining the value of the securities transferred by the Acquired Fund to the Acquiring Fund, the
value of such assets shall be determined pursuant to the regular procedures of the investment adviser on behalf of the Funds.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Closing Date, Valuation Date and Delivery</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Closing Date. The Closing shall be at the offices of Eaton Vance Management, Two International
Place, Boston, MA 02110 immediately after the close of business on the Closing Date. All acts taking place at Closing shall be
deemed to take place simultaneously as of the close of business on the Closing Date unless otherwise agreed in writing by the parties.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Valuation Date. Pursuant to Section 2.3, the net value of the assets of the Acquired Fund
and the net asset value per share of the Acquiring Fund shall be determined as of the Close of Trading on the NYSE on the Valuation
Date, after the declaration and payment of any dividend on that date. The stock transfer books of the Acquired Fund will be permanently
closed, and sales of shares of the Acquired Fund shall be suspended, as of the close of business of the Acquired Fund on the Valuation
Date.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">In the event
that trading on the NYSE or on another exchange or market on which securities held by the Acquired Fund are traded shall be disrupted
on the Valuation Date so that, in the judgment of the Acquired Fund, accurate appraisal of the net assets of the Acquired Fund
to be transferred hereunder is impracticable, the Valuation Date shall be postponed until the first Business Day after the day
on which trading on such exchange or in such market shall, in the judgment of the Funds, have been resumed without disruption.
In such event, the Closing Date shall also be postponed.</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Delivery of Assets. After the close of business on the Valuation Date, the Acquired Fund shall
issue instructions providing for the delivery of all of its assets to the Custodian to be held for the account of the Merger Subsidiary,
effective as of the Closing. The Acquiring Fund may inspect such securities at the offices of the Custodian prior to the Valuation
Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">4.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquired Fund&rsquo;s Distributions and Termination</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">4.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">As soon as reasonably practicable after the Closing Date, the Acquired Fund shall pay or make
provisions for the payment of all of its debts and taxes and distribute all remaining assets, if any, to shareholders of the Acquired
Fund, and the Acquired Fund shall thereafter be terminated under Massachusetts law.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">At, or as soon as
may be practicable following, the Closing Date, the Acquired Fund shall distribute the shares it received from the Merger Subsidiary
(the &ldquo;Acquiring Fund Merger Shares&rdquo;) to the common shareholders of the Acquired Fund and shall instruct the Acquiring
Fund as to the amount of the pro rata interest of the Acquired Fund&rsquo;s common shareholders as of the close of business on
the Valuation Date (such shareholders to be certified as such by the transfer agent for the Acquired Fund), to be registered on
the books of the Acquiring Fund, in full and fractional Acquiring Fund Merger Shares, in the name of each such shareholder, and
the Acquiring Fund agrees promptly to transfer the Acquiring Fund Merger Shares then credited to the account of the Acquired Fund
on the books</P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify">of the Acquiring Fund to open accounts
on the share records of the Acquiring Fund in the names of the Acquired Fund&rsquo;s shareholders in accordance with said instruction.
Each shareholder of the Acquired Fund shall receive the Acquiring Fund Merger Shares. All issued and outstanding shares of the
Acquired Fund shall thereupon be canceled on the books of the Acquired Fund. The Acquiring Fund shall have no obligation to inquire
as to the correctness of any such instruction, but shall, in each case, assume that such instruction is valid, proper and correct.</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">&nbsp;</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">5.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquired Fund&rsquo;s Securities</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">On the
Delivery Date, the Acquired Fund shall deliver the Securities List and tax records. Such records shall be made available to the
Acquiring Fund prior to the Closing Date for inspection by the Treasurer (or his or her designee). Notwithstanding the foregoing,
it is expressly understood that the Acquired Fund may hereafter until the close of business on the Valuation Date sell any securities
owned by it in the ordinary course of its business as a closed-end, management investment company.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">6.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Liabilities and Expenses</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">The Acquiring
Fund shall acquire all liabilities of the Acquired Fund, whether known or unknown, or contingent or determined. The Acquired Fund
will discharge all known liabilities, so far as may be possible, prior to the Closing Date. The Acquired Fund shall bear the expenses
of carrying out this Agreement, provided that any costs of portfolio repositioning are to be borne by the Fund that directly incurs
them.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquiring Fund and the Acquired Fund&rsquo;s Representations and Warranties</FONT></P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">The Acquiring Fund
and the Acquired Fund each hereby represents, warrants and agrees as to itself (and in the case of the Acquiring Fund, as to the
Merger Subsidiary) as follows:</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Legal Existence. The Funds are each a business trust duly organized and validly existing under
the laws of the Commonwealth of Massachusetts. Each Fund is authorized to issue an unlimited number of shares of beneficial interest.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Registration under 1940 Act. Each Fund is duly registered as a closed-end management investment
company under the 1940 Act and such registrations are in full force and effect.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Financial Statements. The statement of assets and liabilities and the schedule of portfolio
investments and the related statements of operations and changes in net assets of the Funds dated November 30, 2018 and March 31,
2018, fairly present the financial condition of the Funds as of said dates in conformity with generally accepted accounting principles.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Contingent Liabilities. There are no known contingent liabilities of the Funds not disclosed
and there are no legal, administrative or other proceedings pending, or to the knowledge of the Acquired Fund threatened, against
the Acquired Fund or to the knowledge of the Acquiring Fund threatened against the Acquiring Fund which would materially affect
its financial condition.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Requisite Approvals. The execution and delivery of this Agreement and the consummation of
the transactions contemplated herein, have been authorized by the Board of Trustees of the Funds by vote taken at a meeting of
such Board duly called and held on July 23, 2018. No approval of the shareholders of the Acquiring Fund is required in connection
with this Agreement or the transaction contemplated hereby. The Agreement has been executed and delivered by a duly authorized
officer of the Acquired Fund and the Acquiring Fund and is a valid and legally binding obligation of the Funds enforceable in accordance
with its terms.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Material Violations. The Funds are not, and the execution, delivery and performance of
this Agreement will not result, in a material violation of any provision of the Declaration of Trust or By-Laws, as may be amended,
of the Funds or of any agreement, indenture, instrument, contract, lease or other undertaking to which the a Fund is a party or
by which they are bound.</FONT></P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Taxes and Related Filings. Except where failure to do so would not have a material adverse
effect on the Funds, each of the Funds has filed or will file or obtain valid extensions of filing dates for all required federal,
state and local tax returns and reports for all taxable years through and including its current taxable year and no such filings
are currently being audited or contested by the Internal Revenue Service or state or local taxing authority and all federal, state
and local income, franchise, property, sales, employment or other taxes or penalties payable pursuant to such returns have been
paid or will be paid, so far as due. Each Fund has elected to be treated as a &ldquo;regulated investment company&rdquo; for federal
tax purposes, has qualified as such for each taxable year of its operations and will qualify as such as of the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Good and Marketable Title. On the Closing Date, the Acquired Fund will have good and marketable
title to its assets, free and clear of all liens, mortgages, pledges, encumbrances, charges, claims and equities whatsoever, and
full right, power and authority to sell, assign, transfer and deliver such assets and shall deliver such assets to the Merger Subsidiary.
Upon delivery of such assets, the Merger Subsidiary will receive good and marketable title to such assets, free and clear of all
liens, mortgages, pledges, encumbrances, charges, claims and equities, except as to adverse claims under Article 8 of the Uniform
Commercial Code of which the Merger Subsidiary and the Acquiring Fund has notice and necessary documentation at or prior to the
time of delivery.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquiring Fund Registration Statement Not Misleading. The Acquiring Fund&rsquo;s registration
statement conforms on the date of the Agreement, and will conform on the date of the Proxy Statement and the Closing Date, in all
material respects to the applicable requirements of the 1933 Act and the 1940 Act and the rules and regulations of the Commission
thereunder and does not include any untrue statement of a material fact or omit to state any material fact required to be stated
therein or necessary to make the statements therein, in light of the circumstances under which they were made, not materially misleading.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Proxy Statement. The Proxy Statement delivered to the Acquired Fund&rsquo;s shareholders in
connection with this transaction (both at the time of delivery to such shareholders in connection with the meeting of shareholders
and at all times subsequent thereto and including the Closing Date) in all material respects, conforms to the applicable requirements
of the 1934 Act and the 1940 Act and the rules and regulations of the Commission thereunder, and will not include any untrue statement
of a material fact or omit to state any material fact required to be stated thereon or necessary to make statements therein, in
light of the circumstances under which they were made, not materially misleading.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Books and Records. The Funds have maintained all records required under Section 31 of the
1940 Act and rules thereunder.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Conditions Precedent to Closing</FONT></P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 38pt">The obligations
of the parties hereto shall be conditioned on the following:</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Representations and Warranties. The representations and warranties of the parties made herein
will be true and correct as of the date of this Agreement and on the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Shareholder Approval. The Agreement and the transactions contemplated herein shall have been
approved by the requisite vote of the shareholders of the Acquired Fund in accordance with the 1940 Act and the Acquired Fund&rsquo;s
Declaration of Trust and By-Laws, each as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Pending or Threatened Proceedings. On the Closing Date, no action, suit or other proceeding
shall be threatened or pending before any court or governmental agency in which it is sought to restrain or prohibit, or obtain
damages or other relief in connection with, this Agreement or the transactions contemplated herein.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Registration Statement. The Acquired Fund&rsquo;s N-14 shall have become effective under the
1933 Act; no stop orders suspending the effectiveness of the Acquired Fund&rsquo;s N-14 shall have been issued; and, to the best
knowledge of the parties hereto, no investigation or proceeding for that purpose shall have been instituted or be pending, threatened
or contemplated under the 1933 Act. The Proxy Statement has been delivered to each shareholder of record of the Acquired Fund as
of October 25, 2018 in accordance with the provisions of the 1934 Act and the rules thereunder.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Declaration of Dividend. The Acquired Fund shall have declared a dividend or dividends which,
together with all previous such dividends, shall have the effect of distributing to the Acquired Fund&rsquo;s shareholders all
of (a) the Acquired Fund&rsquo;s investment company taxable income (as defined in Section 852 of the Code) (computed without regard
to any deduction for dividends paid) (b) its net capital gain (after reduction for any capital loss carryforward) and (c) the excess
of (i) its interest income excludable from gross income under Section 103(a) of the Code over (ii) its deductions disallowed under
Sections 265 and 171(a)(2) of the Code, in each case, for the taxable period of the Acquired Fund ending on the Closing Date and,
if still timely under Section 855 of the Code, the prior taxable year.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">State Securities Laws. The parties shall have received all permits and other authorizations
necessary, if any, under state securities laws to consummate the transactions contemplated herein.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Performance of Covenants. Each party shall have performed and complied in all material respects
with each of the agreements and covenants required by this Agreement to be performed or complied with by each such party prior
to or at the Valuation Date and the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Due Diligence. The Acquiring Fund shall have had reasonable opportunity to have its officers
and agents review the records of the Acquired Fund.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Material Adverse Change. From the date of this Agreement, through the Closing Date, there
shall not have been:</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any change in the business, results of operations,
assets or financial condition or the manner of conducting the business of the Funds (other than changes in the ordinary course
of its business, including, without limitation, dividends and distributions in the ordinary course and changes in the net asset
value per share) which has had a material adverse effect on such business, results of operations, assets or financial condition,
except in all instances as set forth in the financial statements;</FONT></P>

<P STYLE="font: 11pt/12.7pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any loss (whether or not covered by insurance)
suffered by either Fund materially and adversely affecting either Fund, other than depreciation of securities;</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">issued by either Fund to any person any option
to purchase or other right to acquire shares of any class of the Acquired Fund or the Acquiring Fund Merger Shares (other than
in the ordinary course of the Acquired Fund&rsquo;s business as a closed-end management investment company);</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any indebtedness incurred by the Acquired Fund
or the Acquiring Fund for borrowed money or any commitment to borrow money entered into by the Acquired Fund or the Acquiring Fund
except as permitted in the relevant Fund&rsquo;s registration statement and disclosed in financial statements required to be provided
under this Agreement;</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any amendment to the Declaration of Trust or By-Laws
of the Acquired Fund or the Acquiring Fund that will adversely affect the ability of either Fund to comply with the terms of this
Agreement; or</FONT></P>

<P STYLE="font: 11pt/12.7pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any grant or imposition of any lien, claim, charge
or encumbrance upon any asset of the Acquired Fund except as provided in the Acquired Fund&rsquo;s registration statement, so long
as it will not prevent the Acquired Fund from complying with Section 7.8.</FONT></P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Lawful Sale of Shares. On the Closing Date, the Acquiring Fund Merger Shares to be issued
pursuant to Section 2.1 of this Agreement will be duly authorized, duly and validly issued and outstanding, and fully paid and
non-assessable, and conform in all substantial respects to the description thereof contained in the Acquiring Fund Proxy Statement
furnished to the Acquired Fund&rsquo;s shareholders and the Acquiring Fund Merger Shares to be issued pursuant to paragraph 2.1
of this Agreement will be duly registered under the 1933 Act by the Acquired Fund&rsquo;s registration statement and will be offered
and sold in compliance with all applicable state securities laws.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Documentation and Other Actions. The Funds shall have executed such documents and shall have
taken such other actions, if any, as reasonably requested to fully effectuate the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.12</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Listing. The Acquiring Fund Merger Shares shall have been accepted for listing by NYSE. </FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.13</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Opinion. The Acquiring Fund and the Acquired Fund shall have obtained an opinion of counsel,
dated as of the Closing Date (which opinion will be subject to certain qualifications), addressed to each Fund, and based upon
such representations of the parties as reasonably requested and the existing provisions of the Code, Treasury regulations promulgated
thereunder, current administrative rules, and court decisions, that the reorganization set forth in this Agreement will qualify
as a reorganization as described in Section 368(a) of the Code.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">9.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Addresses</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">All notices
required or permitted to be given under this Agreement shall be given in writing to the Funds, as applicable, Two International
Place, Boston, MA 02110 (Attention: Chief Legal Officer), or at such other place as shall be specified in written notice given
by either party to the other party to this Agreement and shall be validly given if mailed by first-class mail, postage prepaid.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">10.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Termination</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">This Agreement
may be terminated by either party to this Agreement upon the giving of written notice to the other, if any of the representations,
warranties or conditions specified in Sections 7 hereof have not been performed or do not exist on or before May 31, 2019. In the
event of termination of this Agreement pursuant to this provision, neither party (nor its officers, Trustees or shareholders) shall
have any liability to the other.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">11.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Miscellaneous</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">This Agreement
shall be governed by, construed and enforced in accordance with the laws of the Commonwealth of Massachusetts. The Funds represent
that there are no brokers or finders entitled to receive any payments in connection with the transactions provided for herein.
Each Fund represents that this Agreement constitutes the entire agreement between the parties as to the subject matter hereof.
The representations, warranties and covenants contained in this Agreement or in any document delivered pursuant hereto or in connection
herewith shall not survive the consummation of the transactions contemplated hereunder. The Section headings contained in this
Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. This
Agreement shall be executed in any number of counterparts, each of which shall be deemed an original. Whenever used herein, the
use of any gender shall include all genders. In the event that any provision of this Agreement is unenforceable at law or in equity,
the remainder of the Agreement shall remain in full force and effect.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">12.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Amendments</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.15pt; text-align: justify; text-indent: 38pt">At any
time prior to or after approval of this Agreement by the Acquired Fund&rsquo;s shareholders (i) the parties hereto may, by written
agreement and without shareholder approval, amend any of the provisions of this Agreement, and (ii) either party may waive without
such approval any default by the other party or the failure to satisfy any of the conditions to its obligations (such waiver to
be in writing); provided, however, that following shareholder approval, no such amendment may have the effect of changing the provisions
for determining the number of Acquiring Fund</P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.15pt; text-align: justify">Merger Shares to be received
by Acquired Fund shareholders under this Agreement to the detriment of such shareholders without their further approval. The failure
of a party hereto to enforce at any time any of the provisions of this Agreement shall in no way be construed to be a waiver of
any such provision, nor in any way to affect the validity of this Agreement or any part hereof or the right of any party thereafter
to enforce each and every such provision. No waiver of any breach of this Agreement shall be held to be a waiver of any other or
subsequent breach.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 11.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">13.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Massachusetts Business Trust</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 11.8pt; text-indent: 38pt">References in this Agreement
to the Acquired Fund or the Acquiring Fund mean and refer to the trustees from time to time, serving under its Declaration of Trust
on file with the Secretary of the Commonwealth of Massachusetts, as the same may be amended from time to time, pursuant to which
they conduct their businesses. It is expressly agreed that the obligations of the Acquired Fund or the Acquiring Fund hereunder
shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Funds personally, but
bind only the trust property of the applicable Fund as provided in said Declaration of Trust. The execution and delivery of this
Agreement has been authorized by the respective trustees and signed by an authorized officer of the Funds, acting as such, and
neither such authorization by such trustees nor such execution and delivery by such officer shall be deemed to have been made by
any of them but shall bind only the trust property of the applicable Fund as provided in such Fund&rsquo;s Declaration of Trust.</P>


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<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12.35pt; text-align: justify; text-indent: 38pt">IN WITNESS
WHEREOF, each of the parties hereto has caused this Agreement to be executed by their officers thereunto duly authorized, as of
the day and year first above written.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 216.7pt">ATTEST:</TD><TD></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="width: 50%; font: 11pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EATON VANCE OHIO MUNICIPAL INCOME TRUST</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Maureen A. Gemma</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maureen A. Gemma, Secretary</FONT></TD></TR>
</TABLE><BR STYLE="clear: both">
<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 0 216.75pt; text-indent: -216.75pt">&nbsp;</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 218pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="width: 50%; font: 11pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EATON VANCE MUNICIPAL INCOME TRUST </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Deidre E. Walsh</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deidre E. Walsh, Assistant Secretary</FONT></TD></TR>
</TABLE><BR STYLE="clear: both">
<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 0 216.75pt; text-indent: -216.75pt">&nbsp;</P>

<P STYLE="font: 11pt/12.3pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 216.75pt; text-indent: -0.05pt">&nbsp;</P>


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<DOCUMENT>
<TYPE>EX-99.(4)(B)
<SEQUENCE>3
<FILENAME>exhibit4b_ex-z4b.htm
<DESCRIPTION>AGREEMENT AND PLAN OF REORGANIZATION
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<BODY>


<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt 1pt; text-align: right">EXHIBIT (4)(b)</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt 1pt; text-align: center">AGREEMENT AND PLAN OF REORGANIZATION</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-indent: 38pt">THIS AGREEMENT AND PLAN OF REORGANIZATION
(&ldquo;Agreement&rdquo;) is made as of this 14th day of January, 2019, by and between Eaton Vance Municipal Income Trust (the
&ldquo;Acquiring Fund&rdquo;), a Massachusetts business trust, and Eaton Vance Pennsylvania Municipal Income Trust (the &ldquo;Acquired
Fund&rdquo; and with the Acquiring Fund, the &ldquo;Funds&rdquo;), each a Massachusetts business trust.</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.65pt 1pt; text-align: center">WITNESSETH</P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 38pt">WHEREAS,
the Funds are registered under the Investment Company Act of 1940, as amended (the &ldquo;1940 Act&rdquo;) as closed-end management
investment companies;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">WHEREAS, the
Funds desire to provide for the reorganization of the Acquired Fund through the merger of the Acquired Fund into a wholly-owned
subsidiary (the &ldquo;Merger Subsidiary&rdquo;) of the Acquiring Fund, followed by a merger of the Merger Subsidiary into the
Acquiring Fund, in the manner set forth herein;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">WHEREAS, it
is intended that the reorganization described in this Agreement shall be a reorganization within the meaning of Section 368 of
the Internal Revenue Code of 1986, as amended (the &ldquo;Code&rdquo;) and that this Agreement shall constitute a &ldquo;plan of
reorganization&rdquo; for purposes of the Code;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">NOW, THEREFORE,
in consideration of the mutual promises herein contained, the parties hereto agree as follows:</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Definitions</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;1933 Act&rdquo; shall mean the Securities Act of 1933, as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;1934 Act&rdquo; shall mean the Securities Exchange Act of 1934, as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Agreement&rdquo; shall mean this Agreement and Plan of Reorganization.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Assumed Liabilities&rdquo; shall mean all liabilities, expenses, costs, charges
and receivables of the Acquired Fund as of the Close of Trading on the New York Stock Exchange on the Valuation Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;By-Laws&rdquo; shall mean (i) with respect to the Acquiring Fund, the By-Laws
of Eaton Vance Municipal Income Trust; (ii) with respect to the Acquired Fund, the By-Laws of Eaton Vance Pennsylvania Municipal
Income Trust, each as subsequently amended, supplemented, amended and restated or otherwise revised from time to time.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Business Day&rdquo; shall mean any day that the New York Stock Exchange is
open.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Close of Trading on the NYSE&rdquo; shall mean the close of regular trading
on the NYSE, which is usually 4:00 p.m. Eastern time.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Closing&rdquo; shall mean the closing of the transaction contemplated by this
Agreement.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Closing Date&rdquo; shall mean January 18, 2019, provided all necessary approvals
have been received, or such other date as may be agreed by the parties on which the Closing is to take place.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Commission&rdquo; shall mean the Securities and Exchange Commission.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.65pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Custodian&rdquo; shall mean State Street Bank and Trust Company.</FONT></P>


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<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.12</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Declaration of Trust&rdquo; shall mean, (i) with respect to the Acquiring
Fund, the Agreement and Declaration of Trust of Eaton Vance Municipal Income Trust and (ii) with respect to the Acquired Fund,
the Agreement and Declaration of Trust of Eaton Vance Pennsylvania Municipal Income Trust, each as subsequently amended, supplemented,
amended and restated or otherwise revised from time to time.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.13</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Delivery Date&rdquo; shall mean the date contemplated by Section 3.3 of this
Agreement.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.14</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;IMTP&rdquo; shall mean the Institutional MuniFund Term Preferred Shares issued
by Acquired Fund and outstanding as of the Closing Date.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.15</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Merger Subsidiary&rdquo; shall mean a wholly-owned Delaware limited liability
company of the Acquiring Fund that is registered as an investment company under the 1940 Act.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.16</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Acquired Fund N-14&rdquo; shall mean the Acquiring Fund registration statement
on Form N-14, including a Proxy Statement/Prospectus as may be amended, that describes the transactions contemplated by this Agreement
and registers the Acquiring Fund Merger Shares to be issued in connection with this transaction.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.17</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Acquiring Fund Merger Shares&rdquo; shall have the meaning given in Section
4.1 of this Agreement.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.18</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;NYSE&rdquo; shall mean the New York Stock Exchange.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.19</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Proxy Statement&rdquo; shall mean the Proxy Statement/Prospectus furnished
to the Acquired Fund&rsquo;s shareholders in connection with this transaction.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.20</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Securities List&rdquo; shall mean the list of those securities and other assets
owned by the Acquired Fund on the Delivery Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.21</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Valuation Date&rdquo; shall mean the day of the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Transfer and Exchange of Assets</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Reorganization of the Acquired Fund. At the Closing, pursuant to Delaware&rsquo;s merger statute
and subject to the requisite approval of the shareholders and the terms and conditions set forth herein, the Acquired Fund shall
transfer all of the assets and assign all Assumed Liabilities to the Merger Subsidiary, and the Merger Subsidiary shall acquire
such assets and shall assume such Assumed Liabilities upon delivery by the Merger Subsidiary to the Acquired Fund on the Closing
Date of common shares of the Acquiring Fund (including fractional shares if applicable) having an aggregate net asset value equal
to the value of the assets so transferred, assigned and delivered, less the Assumed Liabilities, all determined and adjusted as
provided in Section 2.3. Upon delivery of the assets, the Merger Subsidiary will receive good and marketable title thereto free
and clear of all liens. Immediately after the Closing, the Merger Subsidiary will merge with and into the Acquiring Fund, with
the Merger Subsidiary distributing its assets to the Acquiring Fund, and the Acquiring Fund will assume the liabilities of the
Merger Subsidiary, all upon the terms and conditions hereinafter set forth in this Agreement (the &ldquo;Liquidation Merger&rdquo;).
It is intended that the exchange of assets and liabilities between the Merger Subsidiary and the Acquired Fund contemplated in
this paragraph, along with the distributions described in Section 4.1 shall constitute a merger of the Acquired Fund into the Merger
Subsidiary for purposes of the Delaware Limited Liability Company Act (the &ldquo;Act&rdquo;), and such merger shall be completed
in accordance with the applicable provisions of the Act, including Section 18-209 thereof. It is further intended that the exchange
of assets and liabilities between the Merger Subsidiary and the Acquiring Fund contemplated in this paragraph shall constitute
a merger of the Merger Subsidiary into the Acquiring Fund for purposes of the Act, and such merger shall be completed in accordance
with the applicable provisions of the Act, including Section 18-209 thereof.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">IMTP Redemption. In conjunction with the foregoing, at the Closing, the Acquiring Fund shall
pay to the Acquired Fund cash consideration equal in value to the aggregate liquidation preference of any IMTP of the Acquired
Fund that are then outstanding, plus any accumulated unpaid dividends or other distributions. The Acquired Fund shall use such
cash consideration exclusively to redeem all outstanding IMTP.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Computation of Net Asset Value. The net asset value per share of the Acquiring Fund Merger
Shares and the net value of the assets of the Acquired Fund subject to this Agreement shall, in each case, be determined as of
the Close of Trading on the NYSE on the Valuation Date, after the declaration and payment of any dividend on that date. The net
asset value of the Acquiring Fund Merger Shares shall be determined pursuant to the regular procedures of the investment adviser
on behalf of the Funds. In determining the value of the securities transferred by the Acquired Fund to the Acquiring Fund, the
value of such assets shall be determined pursuant to the regular procedures of the investment adviser on behalf of the Funds.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Closing Date, Valuation Date and Delivery</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Closing Date. The Closing shall be at the offices of Eaton Vance Management, Two International
Place, Boston, MA 02110 immediately after the close of business on the Closing Date. All acts taking place at Closing shall be
deemed to take place simultaneously as of the close of business on the Closing Date unless otherwise agreed in writing by the parties.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Valuation Date. Pursuant to Section 2.3, the net value of the assets of the Acquired Fund
and the net asset value per share of the Acquiring Fund shall be determined as of the Close of Trading on the NYSE on the Valuation
Date, after the declaration and payment of any dividend on that date. The stock transfer books of the Acquired Fund will be permanently
closed, and sales of shares of the Acquired Fund shall be suspended, as of the close of business of the Acquired Fund on the Valuation
Date.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">In the event
that trading on the NYSE or on another exchange or market on which securities held by the Acquired Fund are traded shall be disrupted
on the Valuation Date so that, in the judgment of the Acquired Fund, accurate appraisal of the net assets of the Acquired Fund
to be transferred hereunder is impracticable, the Valuation Date shall be postponed until the first Business Day after the day
on which trading on such exchange or in such market shall, in the judgment of the Funds, have been resumed without disruption.
In such event, the Closing Date shall also be postponed.</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Delivery of Assets. After the close of business on the Valuation Date, the Acquired Fund shall
issue instructions providing for the delivery of all of its assets to the Custodian to be held for the account of the Merger Subsidiary,
effective as of the Closing. The Acquiring Fund may inspect such securities at the offices of the Custodian prior to the Valuation
Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">4.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquired Fund&rsquo;s Distributions and Termination</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">4.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">As soon as reasonably practicable after the Closing Date, the Acquired Fund shall pay or make
provisions for the payment of all of its debts and taxes and distribute all remaining assets, if any, to shareholders of the Acquired
Fund, and the Acquired Fund shall thereafter be terminated under Massachusetts law.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">At, or as soon as
may be practicable following, the Closing Date, the Acquired Fund shall distribute the shares it received from the Merger Subsidiary
(the &ldquo;Acquiring Fund Merger Shares&rdquo;) to the common shareholders of the Acquired Fund and shall instruct the Acquiring
Fund as to the amount of the pro rata interest of the Acquired Fund&rsquo;s common shareholders as of the close of business on
the Valuation Date (such shareholders to be certified as such by the transfer agent for the Acquired Fund), to be registered on
the books of the Acquiring Fund, in full and fractional Acquiring Fund Merger Shares, in the name of each such shareholder, and
the Acquiring Fund agrees promptly to transfer the Acquiring Fund Merger Shares then credited to the account of the Acquired Fund
on the books</P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify">of the Acquiring Fund to open accounts
on the share records of the Acquiring Fund in the names of the Acquired Fund&rsquo;s shareholders in accordance with said instruction.
Each shareholder of the Acquired Fund shall receive the Acquiring Fund Merger Shares. All issued and outstanding shares of the
Acquired Fund shall thereupon be canceled on the books of the Acquired Fund. The Acquiring Fund shall have no obligation to inquire
as to the correctness of any such instruction, but shall, in each case, assume that such instruction is valid, proper and correct.</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">&nbsp;</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">5.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquired Fund&rsquo;s Securities</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">On the
Delivery Date, the Acquired Fund shall deliver the Securities List and tax records. Such records shall be made available to the
Acquiring Fund prior to the Closing Date for inspection by the Treasurer (or his or her designee). Notwithstanding the foregoing,
it is expressly understood that the Acquired Fund may hereafter until the close of business on the Valuation Date sell any securities
owned by it in the ordinary course of its business as a closed-end, management investment company.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">6.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Liabilities and Expenses</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">The Acquiring
Fund shall acquire all liabilities of the Acquired Fund, whether known or unknown, or contingent or determined. The Acquired Fund
will discharge all known liabilities, so far as may be possible, prior to the Closing Date. The Acquired Fund shall bear the expenses
of carrying out this Agreement, provided that any costs of portfolio repositioning are to be borne by the Fund that directly incurs
them.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquiring Fund and the Acquired Fund&rsquo;s Representations and Warranties</FONT></P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">The Acquiring Fund
and the Acquired Fund each hereby represents, warrants and agrees as to itself (and in the case of the Acquiring Fund, as to the
Merger Subsidiary) as follows:</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Legal Existence. The Funds are each a business trust duly organized and validly existing under
the laws of the Commonwealth of Massachusetts. Each Fund is authorized to issue an unlimited number of shares of beneficial interest.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Registration under 1940 Act. Each Fund is duly registered as a closed-end management investment
company under the 1940 Act and such registrations are in full force and effect.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Financial Statements. The statement of assets and liabilities and the schedule of portfolio
investments and the related statements of operations and changes in net assets of the Funds dated November 30, 2018 and March 31,
2018, fairly present the financial condition of the Funds as of said dates in conformity with generally accepted accounting principles.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Contingent Liabilities. There are no known contingent liabilities of the Funds not disclosed
and there are no legal, administrative or other proceedings pending, or to the knowledge of the Acquired Fund threatened, against
the Acquired Fund or to the knowledge of the Acquiring Fund threatened against the Acquiring Fund which would materially affect
its financial condition.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Requisite Approvals. The execution and delivery of this Agreement and the consummation of
the transactions contemplated herein, have been authorized by the Board of Trustees of the Funds by vote taken at a meeting of
such Board duly called and held on July 23, 2018. No approval of the shareholders of the Acquiring Fund is required in connection
with this Agreement or the transaction contemplated hereby. The Agreement has been executed and delivered by a duly authorized
officer of the Acquired Fund and the Acquiring Fund and is a valid and legally binding obligation of the Funds enforceable in accordance
with its terms.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Material Violations. The Funds are not, and the execution, delivery and performance of
this Agreement will not result, in a material violation of any provision of the Declaration of Trust or By-Laws, as may be amended,
of the Funds or of any agreement, indenture, instrument, contract, lease or other undertaking to which the a Fund is a party or
by which they are bound.</FONT></P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Taxes and Related Filings. Except where failure to do so would not have a material adverse
effect on the Funds, each of the Funds has filed or will file or obtain valid extensions of filing dates for all required federal,
state and local tax returns and reports for all taxable years through and including its current taxable year and no such filings
are currently being audited or contested by the Internal Revenue Service or state or local taxing authority and all federal, state
and local income, franchise, property, sales, employment or other taxes or penalties payable pursuant to such returns have been
paid or will be paid, so far as due. Each Fund has elected to be treated as a &ldquo;regulated investment company&rdquo; for federal
tax purposes, has qualified as such for each taxable year of its operations and will qualify as such as of the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Good and Marketable Title. On the Closing Date, the Acquired Fund will have good and marketable
title to its assets, free and clear of all liens, mortgages, pledges, encumbrances, charges, claims and equities whatsoever, and
full right, power and authority to sell, assign, transfer and deliver such assets and shall deliver such assets to the Merger Subsidiary.
Upon delivery of such assets, the Merger Subsidiary will receive good and marketable title to such assets, free and clear of all
liens, mortgages, pledges, encumbrances, charges, claims and equities, except as to adverse claims under Article 8 of the Uniform
Commercial Code of which the Merger Subsidiary and the Acquiring Fund has notice and necessary documentation at or prior to the
time of delivery.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquiring Fund Registration Statement Not Misleading. The Acquiring Fund&rsquo;s registration
statement conforms on the date of the Agreement, and will conform on the date of the Proxy Statement and the Closing Date, in all
material respects to the applicable requirements of the 1933 Act and the 1940 Act and the rules and regulations of the Commission
thereunder and does not include any untrue statement of a material fact or omit to state any material fact required to be stated
therein or necessary to make the statements therein, in light of the circumstances under which they were made, not materially misleading.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Proxy Statement. The Proxy Statement delivered to the Acquired Fund&rsquo;s shareholders in
connection with this transaction (both at the time of delivery to such shareholders in connection with the meeting of shareholders
and at all times subsequent thereto and including the Closing Date) in all material respects, conforms to the applicable requirements
of the 1934 Act and the 1940 Act and the rules and regulations of the Commission thereunder, and will not include any untrue statement
of a material fact or omit to state any material fact required to be stated thereon or necessary to make statements therein, in
light of the circumstances under which they were made, not materially misleading.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Books and Records. The Funds have maintained all records required under Section 31 of the
1940 Act and rules thereunder.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Conditions Precedent to Closing</FONT></P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 38pt">The obligations
of the parties hereto shall be conditioned on the following:</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Representations and Warranties. The representations and warranties of the parties made herein
will be true and correct as of the date of this Agreement and on the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Shareholder Approval. The Agreement and the transactions contemplated herein shall have been
approved by the requisite vote of the shareholders of the Acquired Fund in accordance with the 1940 Act and the Acquired Fund&rsquo;s
Declaration of Trust and By-Laws, each as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Pending or Threatened Proceedings. On the Closing Date, no action, suit or other proceeding
shall be threatened or pending before any court or governmental agency in which it is sought to restrain or prohibit, or obtain
damages or other relief in connection with, this Agreement or the transactions contemplated herein.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Registration Statement. The Acquired Fund&rsquo;s N-14 shall have become effective under the
1933 Act; no stop orders suspending the effectiveness of the Acquired Fund&rsquo;s N-14 shall have been issued; and, to the best
knowledge of the parties hereto, no investigation or proceeding for that purpose shall have been instituted or be pending, threatened
or contemplated under the 1933 Act. The Proxy Statement has been delivered to each shareholder of record of the Acquired Fund as
of October 25, 2018 in accordance with the provisions of the 1934 Act and the rules thereunder.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Declaration of Dividend. The Acquired Fund shall have declared a dividend or dividends which,
together with all previous such dividends, shall have the effect of distributing to the Acquired Fund&rsquo;s shareholders all
of (a) the Acquired Fund&rsquo;s investment company taxable income (as defined in Section 852 of the Code) (computed without regard
to any deduction for dividends paid) (b) its net capital gain (after reduction for any capital loss carryforward) and (c) the excess
of (i) its interest income excludable from gross income under Section 103(a) of the Code over (ii) its deductions disallowed under
Sections 265 and 171(a)(2) of the Code, in each case, for the taxable period of the Acquired Fund ending on the Closing Date and,
if still timely under Section 855 of the Code, the prior taxable year.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">State Securities Laws. The parties shall have received all permits and other authorizations
necessary, if any, under state securities laws to consummate the transactions contemplated herein.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Performance of Covenants. Each party shall have performed and complied in all material respects
with each of the agreements and covenants required by this Agreement to be performed or complied with by each such party prior
to or at the Valuation Date and the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Due Diligence. The Acquiring Fund shall have had reasonable opportunity to have its officers
and agents review the records of the Acquired Fund.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Material Adverse Change. From the date of this Agreement, through the Closing Date, there
shall not have been:</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any change in the business, results of operations,
assets or financial condition or the manner of conducting the business of the Funds (other than changes in the ordinary course
of its business, including, without limitation, dividends and distributions in the ordinary course and changes in the net asset
value per share) which has had a material adverse effect on such business, results of operations, assets or financial condition,
except in all instances as set forth in the financial statements;</FONT></P>

<P STYLE="font: 11pt/12.7pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any loss (whether or not covered by insurance)
suffered by either Fund materially and adversely affecting either Fund, other than depreciation of securities;</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">issued by either Fund to any person any option
to purchase or other right to acquire shares of any class of the Acquired Fund or the Acquiring Fund Merger Shares (other than
in the ordinary course of the Acquired Fund&rsquo;s business as a closed-end management investment company);</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any indebtedness incurred by the Acquired Fund
or the Acquiring Fund for borrowed money or any commitment to borrow money entered into by the Acquired Fund or the Acquiring Fund
except as permitted in the relevant Fund&rsquo;s registration statement and disclosed in financial statements required to be provided
under this Agreement;</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any amendment to the Declaration of Trust or By-Laws
of the Acquired Fund or the Acquiring Fund that will adversely affect the ability of either Fund to comply with the terms of this
Agreement; or</FONT></P>

<P STYLE="font: 11pt/12.7pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any grant or imposition of any lien, claim, charge
or encumbrance upon any asset of the Acquired Fund except as provided in the Acquired Fund&rsquo;s registration statement, so long
as it will not prevent the Acquired Fund from complying with Section 7.8.</FONT></P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Lawful Sale of Shares. On the Closing Date, the Acquiring Fund Merger Shares to be issued
pursuant to Section 2.1 of this Agreement will be duly authorized, duly and validly issued and outstanding, and fully paid and
non-assessable, and conform in all substantial respects to the description thereof contained in the Acquiring Fund Proxy Statement
furnished to the Acquired Fund&rsquo;s shareholders and the Acquiring Fund Merger Shares to be issued pursuant to paragraph 2.1
of this Agreement will be duly registered under the 1933 Act by the Acquired Fund&rsquo;s registration statement and will be offered
and sold in compliance with all applicable state securities laws.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Documentation and Other Actions. The Funds shall have executed such documents and shall have
taken such other actions, if any, as reasonably requested to fully effectuate the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.12</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Listing. The Acquiring Fund Merger Shares shall have been accepted for listing by NYSE. </FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.13</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Opinion. The Acquiring Fund and the Acquired Fund shall have obtained an opinion of counsel,
dated as of the Closing Date (which opinion will be subject to certain qualifications), addressed to each Fund, and based upon
such representations of the parties as reasonably requested and the existing provisions of the Code, Treasury regulations promulgated
thereunder, current administrative rules, and court decisions, that the reorganization set forth in this Agreement will qualify
as a reorganization as described in Section 368(a) of the Code.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">9.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Addresses</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">All notices
required or permitted to be given under this Agreement shall be given in writing to the Funds, as applicable, Two International
Place, Boston, MA 02110 (Attention: Chief Legal Officer), or at such other place as shall be specified in written notice given
by either party to the other party to this Agreement and shall be validly given if mailed by first-class mail, postage prepaid.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">10.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Termination</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">This Agreement
may be terminated by either party to this Agreement upon the giving of written notice to the other, if any of the representations,
warranties or conditions specified in Sections 7 hereof have not been performed or do not exist on or before May 31, 2019. In the
event of termination of this Agreement pursuant to this provision, neither party (nor its officers, Trustees or shareholders) shall
have any liability to the other.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">11.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Miscellaneous</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">This Agreement
shall be governed by, construed and enforced in accordance with the laws of the Commonwealth of Massachusetts. The Funds represent
that there are no brokers or finders entitled to receive any payments in connection with the transactions provided for herein.
Each Fund represents that this Agreement constitutes the entire agreement between the parties as to the subject matter hereof.
The representations, warranties and covenants contained in this Agreement or in any document delivered pursuant hereto or in connection
herewith shall not survive the consummation of the transactions contemplated hereunder. The Section headings contained in this
Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. This
Agreement shall be executed in any number of counterparts, each of which shall be deemed an original. Whenever used herein, the
use of any gender shall include all genders. In the event that any provision of this Agreement is unenforceable at law or in equity,
the remainder of the Agreement shall remain in full force and effect.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">12.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Amendments</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.15pt; text-align: justify; text-indent: 38pt">At any
time prior to or after approval of this Agreement by the Acquired Fund&rsquo;s shareholders (i) the parties hereto may, by written
agreement and without shareholder approval, amend any of the provisions of this Agreement, and (ii) either party may waive without
such approval any default by the other party or the failure to satisfy any of the conditions to its obligations (such waiver to
be in writing); provided, however, that following shareholder approval, no such amendment may have the effect of changing the provisions
for determining the number of Acquiring Fund</P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.15pt; text-align: justify">Merger Shares to be received
by Acquired Fund shareholders under this Agreement to the detriment of such shareholders without their further approval. The failure
of a party hereto to enforce at any time any of the provisions of this Agreement shall in no way be construed to be a waiver of
any such provision, nor in any way to affect the validity of this Agreement or any part hereof or the right of any party thereafter
to enforce each and every such provision. No waiver of any breach of this Agreement shall be held to be a waiver of any other or
subsequent breach.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 11.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">13.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Massachusetts Business Trust</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 11.8pt; text-indent: 38pt">References in this Agreement
to the Acquired Fund or the Acquiring Fund mean and refer to the trustees from time to time, serving under its Declaration of Trust
on file with the Secretary of the Commonwealth of Massachusetts, as the same may be amended from time to time, pursuant to which
they conduct their businesses. It is expressly agreed that the obligations of the Acquired Fund or the Acquiring Fund hereunder
shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Funds personally, but
bind only the trust property of the applicable Fund as provided in said Declaration of Trust. The execution and delivery of this
Agreement has been authorized by the respective trustees and signed by an authorized officer of the Funds, acting as such, and
neither such authorization by such trustees nor such execution and delivery by such officer shall be deemed to have been made by
any of them but shall bind only the trust property of the applicable Fund as provided in such Fund&rsquo;s Declaration of Trust.</P>


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<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12.35pt; text-align: justify; text-indent: 38pt">IN WITNESS
WHEREOF, each of the parties hereto has caused this Agreement to be executed by their officers thereunto duly authorized, as of
the day and year first above written.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 216.7pt">ATTEST:</TD><TD></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="width: 50%; font: 11pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EATON VANCE PENNSYLVANIA MUNICIPAL INCOME TRUST</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Maureen A. Gemma</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maureen A. Gemma, Secretary</FONT></TD></TR>
</TABLE><BR STYLE="clear: both">
<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 0 216.75pt; text-indent: -216.75pt">&nbsp;</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 218pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="width: 50%; font: 11pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EATON VANCE MUNICIPAL INCOME TRUST </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Deidre E. Walsh</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deidre E. Walsh, Assistant Secretary</FONT></TD></TR>
</TABLE><BR STYLE="clear: both">
<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 0 216.75pt; text-indent: -216.75pt">&nbsp;</P>


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<DOCUMENT>
<TYPE>EX-99.(4)(C)
<SEQUENCE>4
<FILENAME>exhibit4c_ex-99z4c.htm
<DESCRIPTION>AGREEMENT AND PLAN OF REORGANIZATION
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt 1pt; text-align: right">EXHIBIT (4)(c)</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt 1pt; text-align: center">AGREEMENT AND PLAN OF REORGANIZATION</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-indent: 38pt">THIS AGREEMENT AND PLAN OF REORGANIZATION
(&ldquo;Agreement&rdquo;) is made as of this 14th day of January, 2019, by and between Eaton Vance Municipal Income Trust (the
&ldquo;Acquiring Fund&rdquo;), a Massachusetts business trust, and Eaton Vance Massachusetts Municipal Income Trust (the &ldquo;Acquired
Fund&rdquo; and with the Acquiring Fund, the &ldquo;Funds&rdquo;), each a Massachusetts business trust.</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.65pt 1pt; text-align: center">WITNESSETH</P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 38pt">WHEREAS,
the Funds are registered under the Investment Company Act of 1940, as amended (the &ldquo;1940 Act&rdquo;) as closed-end management
investment companies;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">WHEREAS, the
Funds desire to provide for the reorganization of the Acquired Fund through the merger of the Acquired Fund into a wholly-owned
subsidiary (the &ldquo;Merger Subsidiary&rdquo;) of the Acquiring Fund, followed by a merger of the Merger Subsidiary into the
Acquiring Fund, in the manner set forth herein;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">WHEREAS, it
is intended that the reorganization described in this Agreement shall be a reorganization within the meaning of Section 368 of
the Internal Revenue Code of 1986, as amended (the &ldquo;Code&rdquo;) and that this Agreement shall constitute a &ldquo;plan of
reorganization&rdquo; for purposes of the Code;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">NOW, THEREFORE,
in consideration of the mutual promises herein contained, the parties hereto agree as follows:</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Definitions</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;1933 Act&rdquo; shall mean the Securities Act of 1933, as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;1934 Act&rdquo; shall mean the Securities Exchange Act of 1934, as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Agreement&rdquo; shall mean this Agreement and Plan of Reorganization.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Assumed Liabilities&rdquo; shall mean all liabilities, expenses, costs, charges
and receivables of the Acquired Fund as of the Close of Trading on the New York Stock Exchange on the Valuation Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;By-Laws&rdquo; shall mean (i) with respect to the Acquiring Fund, the By-Laws
of Eaton Vance Municipal Income Trust; (ii) with respect to the Acquired Fund, the By-Laws of Eaton Vance Massachusetts Municipal
Income Trust, each as subsequently amended, supplemented, amended and restated or otherwise revised from time to time.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Business Day&rdquo; shall mean any day that the New York Stock Exchange is
open.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Close of Trading on the NYSE&rdquo; shall mean the close of regular trading
on the NYSE, which is usually 4:00 p.m. Eastern time.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Closing&rdquo; shall mean the closing of the transaction contemplated by this
Agreement.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Closing Date&rdquo; shall mean January 18, 2019, provided all necessary approvals
have been received, or such other date as may be agreed by the parties on which the Closing is to take place.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Commission&rdquo; shall mean the Securities and Exchange Commission.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.65pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Custodian&rdquo; shall mean State Street Bank and Trust Company.</FONT></P>


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<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.12</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Declaration of Trust&rdquo; shall mean, (i) with respect to the Acquiring
Fund, the Agreement and Declaration of Trust of Eaton Vance Municipal Income Trust and (ii) with respect to the Acquired Fund,
the Agreement and Declaration of Trust of Eaton Vance Massachusetts Municipal Income Trust, each as subsequently amended, supplemented,
amended and restated or otherwise revised from time to time.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.13</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Delivery Date&rdquo; shall mean the date contemplated by Section 3.3 of this
Agreement.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.14</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;IMTP&rdquo; shall mean the Institutional MuniFund Term Preferred Shares issued
by Acquired Fund and outstanding as of the Closing Date.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.15</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Merger Subsidiary&rdquo; shall mean a wholly-owned Delaware limited liability
company of the Acquiring Fund that is registered as an investment company under the 1940 Act.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.16</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Acquired Fund N-14&rdquo; shall mean the Acquiring Fund registration statement
on Form N-14, including a Proxy Statement/Prospectus as may be amended, that describes the transactions contemplated by this Agreement
and registers the Acquiring Fund Merger Shares to be issued in connection with this transaction.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.17</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Acquiring Fund Merger Shares&rdquo; shall have the meaning given in Section
4.1 of this Agreement.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.18</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;NYSE&rdquo; shall mean the New York Stock Exchange.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.19</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Proxy Statement&rdquo; shall mean the Proxy Statement/Prospectus furnished
to the Acquired Fund&rsquo;s shareholders in connection with this transaction.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.20</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Securities List&rdquo; shall mean the list of those securities and other assets
owned by the Acquired Fund on the Delivery Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">1.21</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The term &ldquo;Valuation Date&rdquo; shall mean the day of the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Transfer and Exchange of Assets</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Reorganization of the Acquired Fund. At the Closing, pursuant to Delaware&rsquo;s merger statute
and subject to the requisite approval of the shareholders and the terms and conditions set forth herein, the Acquired Fund shall
transfer all of the assets and assign all Assumed Liabilities to the Merger Subsidiary, and the Merger Subsidiary shall acquire
such assets and shall assume such Assumed Liabilities upon delivery by the Merger Subsidiary to the Acquired Fund on the Closing
Date of common shares of the Acquiring Fund (including fractional shares if applicable) having an aggregate net asset value equal
to the value of the assets so transferred, assigned and delivered, less the Assumed Liabilities, all determined and adjusted as
provided in Section 2.3. Upon delivery of the assets, the Merger Subsidiary will receive good and marketable title thereto free
and clear of all liens. Immediately after the Closing, the Merger Subsidiary will merge with and into the Acquiring Fund, with
the Merger Subsidiary distributing its assets to the Acquiring Fund, and the Acquiring Fund will assume the liabilities of the
Merger Subsidiary, all upon the terms and conditions hereinafter set forth in this Agreement (the &ldquo;Liquidation Merger&rdquo;).
It is intended that the exchange of assets and liabilities between the Merger Subsidiary and the Acquired Fund contemplated in
this paragraph, along with the distributions described in Section 4.1 shall constitute a merger of the Acquired Fund into the Merger
Subsidiary for purposes of the Delaware Limited Liability Company Act (the &ldquo;Act&rdquo;), and such merger shall be completed
in accordance with the applicable provisions of the Act, including Section 18-209 thereof. It is further intended that the exchange
of assets and liabilities between the Merger Subsidiary and the Acquiring Fund contemplated in this paragraph shall constitute
a merger of the Merger Subsidiary into the Acquiring Fund for purposes of the Act, and such merger shall be completed in accordance
with the applicable provisions of the Act, including Section 18-209 thereof.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">IMTP Redemption. In conjunction with the foregoing, at the Closing, the Acquiring Fund shall
pay to the Acquired Fund cash consideration equal in value to the aggregate liquidation preference of any IMTP of the Acquired
Fund that are then outstanding, plus any accumulated unpaid dividends or other distributions. The Acquired Fund shall use such
cash consideration exclusively to redeem all outstanding IMTP.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">2.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Computation of Net Asset Value. The net asset value per share of the Acquiring Fund Merger
Shares and the net value of the assets of the Acquired Fund subject to this Agreement shall, in each case, be determined as of
the Close of Trading on the NYSE on the Valuation Date, after the declaration and payment of any dividend on that date. The net
asset value of the Acquiring Fund Merger Shares shall be determined pursuant to the regular procedures of the investment adviser
on behalf of the Funds. In determining the value of the securities transferred by the Acquired Fund to the Acquiring Fund, the
value of such assets shall be determined pursuant to the regular procedures of the investment adviser on behalf of the Funds.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Closing Date, Valuation Date and Delivery</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Closing Date. The Closing shall be at the offices of Eaton Vance Management, Two International
Place, Boston, MA 02110 immediately after the close of business on the Closing Date. All acts taking place at Closing shall be
deemed to take place simultaneously as of the close of business on the Closing Date unless otherwise agreed in writing by the parties.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Valuation Date. Pursuant to Section 2.3, the net value of the assets of the Acquired Fund
and the net asset value per share of the Acquiring Fund shall be determined as of the Close of Trading on the NYSE on the Valuation
Date, after the declaration and payment of any dividend on that date. The stock transfer books of the Acquired Fund will be permanently
closed, and sales of shares of the Acquired Fund shall be suspended, as of the close of business of the Acquired Fund on the Valuation
Date.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 38pt">In the event
that trading on the NYSE or on another exchange or market on which securities held by the Acquired Fund are traded shall be disrupted
on the Valuation Date so that, in the judgment of the Acquired Fund, accurate appraisal of the net assets of the Acquired Fund
to be transferred hereunder is impracticable, the Valuation Date shall be postponed until the first Business Day after the day
on which trading on such exchange or in such market shall, in the judgment of the Funds, have been resumed without disruption.
In such event, the Closing Date shall also be postponed.</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">3.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Delivery of Assets. After the close of business on the Valuation Date, the Acquired Fund shall
issue instructions providing for the delivery of all of its assets to the Custodian to be held for the account of the Merger Subsidiary,
effective as of the Closing. The Acquiring Fund may inspect such securities at the offices of the Custodian prior to the Valuation
Date.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">4.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquired Fund&rsquo;s Distributions and Termination</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">4.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">As soon as reasonably practicable after the Closing Date, the Acquired Fund shall pay or make
provisions for the payment of all of its debts and taxes and distribute all remaining assets, if any, to shareholders of the Acquired
Fund, and the Acquired Fund shall thereafter be terminated under Massachusetts law.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">At, or as soon as
may be practicable following, the Closing Date, the Acquired Fund shall distribute the shares it received from the Merger Subsidiary
(the &ldquo;Acquiring Fund Merger Shares&rdquo;) to the common shareholders of the Acquired Fund and shall instruct the Acquiring
Fund as to the amount of the pro rata interest of the Acquired Fund&rsquo;s common shareholders as of the close of business on
the Valuation Date (such shareholders to be certified as such by the transfer agent for the Acquired Fund), to be registered on
the books of the Acquiring Fund, in full and fractional Acquiring Fund Merger Shares, in the name of each such shareholder, and
the Acquiring Fund agrees promptly to transfer the Acquiring Fund Merger Shares then credited to the account of the Acquired Fund
on the books</P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify">of the Acquiring Fund to open accounts
on the share records of the Acquiring Fund in the names of the Acquired Fund&rsquo;s shareholders in accordance with said instruction.
Each shareholder of the Acquired Fund shall receive the Acquiring Fund Merger Shares. All issued and outstanding shares of the
Acquired Fund shall thereupon be canceled on the books of the Acquired Fund. The Acquiring Fund shall have no obligation to inquire
as to the correctness of any such instruction, but shall, in each case, assume that such instruction is valid, proper and correct.</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">&nbsp;</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">5.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquired Fund&rsquo;s Securities</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">On the
Delivery Date, the Acquired Fund shall deliver the Securities List and tax records. Such records shall be made available to the
Acquiring Fund prior to the Closing Date for inspection by the Treasurer (or his or her designee). Notwithstanding the foregoing,
it is expressly understood that the Acquired Fund may hereafter until the close of business on the Valuation Date sell any securities
owned by it in the ordinary course of its business as a closed-end, management investment company.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">6.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Liabilities and Expenses</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">The Acquiring
Fund shall acquire all liabilities of the Acquired Fund, whether known or unknown, or contingent or determined. The Acquired Fund
will discharge all known liabilities, so far as may be possible, prior to the Closing Date. The Acquired Fund shall bear the expenses
of carrying out this Agreement, provided that any costs of portfolio repositioning are to be borne by the Fund that directly incurs
them.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquiring Fund and the Acquired Fund&rsquo;s Representations and Warranties</FONT></P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">The Acquiring Fund
and the Acquired Fund each hereby represents, warrants and agrees as to itself (and in the case of the Acquiring Fund, as to the
Merger Subsidiary) as follows:</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 38pt">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Legal Existence. The Funds are each a business trust duly organized and validly existing under
the laws of the Commonwealth of Massachusetts. Each Fund is authorized to issue an unlimited number of shares of beneficial interest.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Registration under 1940 Act. Each Fund is duly registered as a closed-end management investment
company under the 1940 Act and such registrations are in full force and effect.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Financial Statements. The statement of assets and liabilities and the schedule of portfolio
investments and the related statements of operations and changes in net assets of the Funds dated November 30, 2018 and March 31,
2018, fairly present the financial condition of the Funds as of said dates in conformity with generally accepted accounting principles.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Contingent Liabilities. There are no known contingent liabilities of the Funds not disclosed
and there are no legal, administrative or other proceedings pending, or to the knowledge of the Acquired Fund threatened, against
the Acquired Fund or to the knowledge of the Acquiring Fund threatened against the Acquiring Fund which would materially affect
its financial condition.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Requisite Approvals. The execution and delivery of this Agreement and the consummation of
the transactions contemplated herein, have been authorized by the Board of Trustees of the Funds by vote taken at a meeting of
such Board duly called and held on July 23, 2018. No approval of the shareholders of the Acquiring Fund is required in connection
with this Agreement or the transaction contemplated hereby. The Agreement has been executed and delivered by a duly authorized
officer of the Acquired Fund and the Acquiring Fund and is a valid and legally binding obligation of the Funds enforceable in accordance
with its terms.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Material Violations. The Funds are not, and the execution, delivery and performance of
this Agreement will not result, in a material violation of any provision of the Declaration of Trust or By-Laws, as may be amended,
of the Funds or of any agreement, indenture, instrument, contract, lease or other undertaking to which the a Fund is a party or
by which they are bound.</FONT></P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Taxes and Related Filings. Except where failure to do so would not have a material adverse
effect on the Funds, each of the Funds has filed or will file or obtain valid extensions of filing dates for all required federal,
state and local tax returns and reports for all taxable years through and including its current taxable year and no such filings
are currently being audited or contested by the Internal Revenue Service or state or local taxing authority and all federal, state
and local income, franchise, property, sales, employment or other taxes or penalties payable pursuant to such returns have been
paid or will be paid, so far as due. Each Fund has elected to be treated as a &ldquo;regulated investment company&rdquo; for federal
tax purposes, has qualified as such for each taxable year of its operations and will qualify as such as of the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Good and Marketable Title. On the Closing Date, the Acquired Fund will have good and marketable
title to its assets, free and clear of all liens, mortgages, pledges, encumbrances, charges, claims and equities whatsoever, and
full right, power and authority to sell, assign, transfer and deliver such assets and shall deliver such assets to the Merger Subsidiary.
Upon delivery of such assets, the Merger Subsidiary will receive good and marketable title to such assets, free and clear of all
liens, mortgages, pledges, encumbrances, charges, claims and equities, except as to adverse claims under Article 8 of the Uniform
Commercial Code of which the Merger Subsidiary and the Acquiring Fund has notice and necessary documentation at or prior to the
time of delivery.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Acquiring Fund Registration Statement Not Misleading. The Acquiring Fund&rsquo;s registration
statement conforms on the date of the Agreement, and will conform on the date of the Proxy Statement and the Closing Date, in all
material respects to the applicable requirements of the 1933 Act and the 1940 Act and the rules and regulations of the Commission
thereunder and does not include any untrue statement of a material fact or omit to state any material fact required to be stated
therein or necessary to make the statements therein, in light of the circumstances under which they were made, not materially misleading.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Proxy Statement. The Proxy Statement delivered to the Acquired Fund&rsquo;s shareholders in
connection with this transaction (both at the time of delivery to such shareholders in connection with the meeting of shareholders
and at all times subsequent thereto and including the Closing Date) in all material respects, conforms to the applicable requirements
of the 1934 Act and the 1940 Act and the rules and regulations of the Commission thereunder, and will not include any untrue statement
of a material fact or omit to state any material fact required to be stated thereon or necessary to make statements therein, in
light of the circumstances under which they were made, not materially misleading.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 13.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">7.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Books and Records. The Funds have maintained all records required under Section 31 of the
1940 Act and rules thereunder.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Conditions Precedent to Closing</FONT></P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 38pt">The obligations
of the parties hereto shall be conditioned on the following:</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.1</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Representations and Warranties. The representations and warranties of the parties made herein
will be true and correct as of the date of this Agreement and on the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.2</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Shareholder Approval. The Agreement and the transactions contemplated herein shall have been
approved by the requisite vote of the shareholders of the Acquired Fund in accordance with the 1940 Act and the Acquired Fund&rsquo;s
Declaration of Trust and By-Laws, each as amended.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.3</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Pending or Threatened Proceedings. On the Closing Date, no action, suit or other proceeding
shall be threatened or pending before any court or governmental agency in which it is sought to restrain or prohibit, or obtain
damages or other relief in connection with, this Agreement or the transactions contemplated herein.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.4</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Registration Statement. The Acquired Fund&rsquo;s N-14 shall have become effective under the
1933 Act; no stop orders suspending the effectiveness of the Acquired Fund&rsquo;s N-14 shall have been issued; and, to the best
knowledge of the parties hereto, no investigation or proceeding for that purpose shall have been instituted or be pending, threatened
or contemplated under the 1933 Act. The Proxy Statement has been delivered to each shareholder of record of the Acquired Fund as
of October 25, 2018 in accordance with the provisions of the 1934 Act and the rules thereunder.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.5</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Declaration of Dividend. The Acquired Fund shall have declared a dividend or dividends which,
together with all previous such dividends, shall have the effect of distributing to the Acquired Fund&rsquo;s shareholders all
of (a) the Acquired Fund&rsquo;s investment company taxable income (as defined in Section 852 of the Code) (computed without regard
to any deduction for dividends paid) (b) its net capital gain (after reduction for any capital loss carryforward) and (c) the excess
of (i) its interest income excludable from gross income under Section 103(a) of the Code over (ii) its deductions disallowed under
Sections 265 and 171(a)(2) of the Code, in each case, for the taxable period of the Acquired Fund ending on the Closing Date and,
if still timely under Section 855 of the Code, the prior taxable year.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.6</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">State Securities Laws. The parties shall have received all permits and other authorizations
necessary, if any, under state securities laws to consummate the transactions contemplated herein.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 0 38pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.7</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Performance of Covenants. Each party shall have performed and complied in all material respects
with each of the agreements and covenants required by this Agreement to be performed or complied with by each such party prior
to or at the Valuation Date and the Closing Date.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.8</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Due Diligence. The Acquiring Fund shall have had reasonable opportunity to have its officers
and agents review the records of the Acquired Fund.</FONT></P>

<P STYLE="font: 11pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.9</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">No Material Adverse Change. From the date of this Agreement, through the Closing Date, there
shall not have been:</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any change in the business, results of operations,
assets or financial condition or the manner of conducting the business of the Funds (other than changes in the ordinary course
of its business, including, without limitation, dividends and distributions in the ordinary course and changes in the net asset
value per share) which has had a material adverse effect on such business, results of operations, assets or financial condition,
except in all instances as set forth in the financial statements;</FONT></P>

<P STYLE="font: 11pt/12.7pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any loss (whether or not covered by insurance)
suffered by either Fund materially and adversely affecting either Fund, other than depreciation of securities;</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">issued by either Fund to any person any option
to purchase or other right to acquire shares of any class of the Acquired Fund or the Acquiring Fund Merger Shares (other than
in the ordinary course of the Acquired Fund&rsquo;s business as a closed-end management investment company);</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any indebtedness incurred by the Acquired Fund
or the Acquiring Fund for borrowed money or any commitment to borrow money entered into by the Acquired Fund or the Acquiring Fund
except as permitted in the relevant Fund&rsquo;s registration statement and disclosed in financial statements required to be provided
under this Agreement;</FONT></P>

<P STYLE="font: 11pt/12.5pt Calibri, Helvetica, Sans-Serif; margin: 0 0 11.8pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any amendment to the Declaration of Trust or By-Laws
of the Acquired Fund or the Acquiring Fund that will adversely affect the ability of either Fund to comply with the terms of this
Agreement; or</FONT></P>

<P STYLE="font: 11pt/12.7pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12.2pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&bull;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any grant or imposition of any lien, claim, charge
or encumbrance upon any asset of the Acquired Fund except as provided in the Acquired Fund&rsquo;s registration statement, so long
as it will not prevent the Acquired Fund from complying with Section 7.8.</FONT></P>

<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12.2pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.10</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Lawful Sale of Shares. On the Closing Date, the Acquiring Fund Merger Shares to be issued
pursuant to Section 2.1 of this Agreement will be duly authorized, duly and validly issued and outstanding, and fully paid and
non-assessable, and conform in all substantial respects to the description thereof contained in the Acquiring Fund Proxy Statement
furnished to the Acquired Fund&rsquo;s shareholders and the Acquiring Fund Merger Shares to be issued pursuant to paragraph 2.1
of this Agreement will be duly registered under the 1933 Act by the Acquired Fund&rsquo;s registration statement and will be offered
and sold in compliance with all applicable state securities laws.</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.11</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Documentation and Other Actions. The Funds shall have executed such documents and shall have
taken such other actions, if any, as reasonably requested to fully effectuate the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.12</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Listing. The Acquiring Fund Merger Shares shall have been accepted for listing by NYSE. </FONT></P>

<P STYLE="font: 11pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">8.13</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Opinion. The Acquiring Fund and the Acquired Fund shall have obtained an opinion of counsel,
dated as of the Closing Date (which opinion will be subject to certain qualifications), addressed to each Fund, and based upon
such representations of the parties as reasonably requested and the existing provisions of the Code, Treasury regulations promulgated
thereunder, current administrative rules, and court decisions, that the reorganization set forth in this Agreement will qualify
as a reorganization as described in Section 368(a) of the Code.</FONT></P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">9.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Addresses</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">All notices
required or permitted to be given under this Agreement shall be given in writing to the Funds, as applicable, Two International
Place, Boston, MA 02110 (Attention: Chief Legal Officer), or at such other place as shall be specified in written notice given
by either party to the other party to this Agreement and shall be validly given if mailed by first-class mail, postage prepaid.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">10.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Termination</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">This Agreement
may be terminated by either party to this Agreement upon the giving of written notice to the other, if any of the representations,
warranties or conditions specified in Sections 7 hereof have not been performed or do not exist on or before May 31, 2019. In the
event of termination of this Agreement pursuant to this provision, neither party (nor its officers, Trustees or shareholders) shall
have any liability to the other.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">11.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Miscellaneous</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 13.15pt; text-align: justify; text-indent: 38pt">This Agreement
shall be governed by, construed and enforced in accordance with the laws of the Commonwealth of Massachusetts. The Funds represent
that there are no brokers or finders entitled to receive any payments in connection with the transactions provided for herein.
Each Fund represents that this Agreement constitutes the entire agreement between the parties as to the subject matter hereof.
The representations, warranties and covenants contained in this Agreement or in any document delivered pursuant hereto or in connection
herewith shall not survive the consummation of the transactions contemplated hereunder. The Section headings contained in this
Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. This
Agreement shall be executed in any number of counterparts, each of which shall be deemed an original. Whenever used herein, the
use of any gender shall include all genders. In the event that any provision of this Agreement is unenforceable at law or in equity,
the remainder of the Agreement shall remain in full force and effect.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 12.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">12.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Amendments</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.15pt; text-align: justify; text-indent: 38pt">At any
time prior to or after approval of this Agreement by the Acquired Fund&rsquo;s shareholders (i) the parties hereto may, by written
agreement and without shareholder approval, amend any of the provisions of this Agreement, and (ii) either party may waive without
such approval any default by the other party or the failure to satisfy any of the conditions to its obligations (such waiver to
be in writing); provided, however, that following shareholder approval, no such amendment may have the effect of changing the provisions
for determining the number of Acquiring Fund</P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 12.15pt; text-align: justify">Merger Shares to be received
by Acquired Fund shareholders under this Agreement to the detriment of such shareholders without their further approval. The failure
of a party hereto to enforce at any time any of the provisions of this Agreement shall in no way be construed to be a waiver of
any such provision, nor in any way to affect the validity of this Agreement or any part hereof or the right of any party thereafter
to enforce each and every such provision. No waiver of any breach of this Agreement shall be held to be a waiver of any other or
subsequent breach.</P>

<P STYLE="font: 11pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 11.85pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">13.</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Massachusetts Business Trust</FONT></P>

<P STYLE="font: 10pt/12.5pt Times New Roman, Times, Serif; margin: 0 0 11.8pt; text-indent: 38pt">References in this Agreement
to the Acquired Fund or the Acquiring Fund mean and refer to the trustees from time to time, serving under its Declaration of Trust
on file with the Secretary of the Commonwealth of Massachusetts, as the same may be amended from time to time, pursuant to which
they conduct their businesses. It is expressly agreed that the obligations of the Acquired Fund or the Acquiring Fund hereunder
shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Funds personally, but
bind only the trust property of the applicable Fund as provided in said Declaration of Trust. The execution and delivery of this
Agreement has been authorized by the respective trustees and signed by an authorized officer of the Funds, acting as such, and
neither such authorization by such trustees nor such execution and delivery by such officer shall be deemed to have been made by
any of them but shall bind only the trust property of the applicable Fund as provided in such Fund&rsquo;s Declaration of Trust.</P>


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<P STYLE="font: 10pt/12.7pt Times New Roman, Times, Serif; margin: 0 0 12.35pt; text-align: justify; text-indent: 38pt">IN WITNESS
WHEREOF, each of the parties hereto has caused this Agreement to be executed by their officers thereunto duly authorized, as of
the day and year first above written.</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 216.7pt">ATTEST:</TD><TD></TD></TR></TABLE>

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<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EATON VANCE MASSACHUSETTS MUNICIPAL INCOME TRUST</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Maureen A. Gemma</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maureen A. Gemma, Secretary</FONT></TD></TR>
</TABLE><BR STYLE="clear: both">
<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 0 216.75pt; text-indent: -216.75pt">&nbsp;</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 218pt">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EATON VANCE MUNICIPAL INCOME TRUST </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Deidre E. Walsh</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deidre E. Walsh, Assistant Secretary</FONT></TD></TR>
</TABLE><BR STYLE="clear: both">
<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 0 216.75pt; text-indent: -216.75pt">&nbsp;</P>

<P STYLE="font: 10pt/12.3pt Times New Roman, Times, Serif; margin: 0 0 0 216.75pt; text-indent: -216.75pt">&nbsp;</P>


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<DOCUMENT>
<TYPE>EX-99.(12)(A)
<SEQUENCE>5
<FILENAME>exhibit12a_ex-99z12a.htm
<DESCRIPTION>OPINION OF ROPES & GRAY LLP
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-right: 0; margin-bottom: 6pt; margin-left: 0"><IMG SRC="ex12a_101.jpg" ALT="" STYLE="height: 77px; width: 62px"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474"><FONT STYLE="font-size: 6.5pt">ROPES
</FONT><FONT STYLE="font-size: 7pt">&amp; </FONT><FONT STYLE="font-size: 6.5pt">GRAY LLP</FONT></P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">1211 AVENUE OF THE AMERICAS</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">NEW YORK, NY 10036-8704</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">WWW ROPESGRAY COM</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0 300pt; text-align: right">EXHIBIT (12)(a)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">January 18, 2019</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipal Income Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Two International Place</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Boston, Massachusetts 02110</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Eaton Vance Ohio Municipal Income Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Two International Place</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Boston, Massachusetts 02110</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Ladies and Gentlemen:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">We have acted as counsel in connection
with the Agreement and Plan of Reorganization (the &#8220;Agreement&#8221;) dated January 18, 2019, by and between Eaton Vance
Municipal Income Trust, a Massachusetts business trust (&#8220;Acquiring Fund&#8221;), and Eaton Vance Ohio Municipal Income Trust,
a Massachusetts business trust (&#8220;Acquired Fund,&#8221; together with Acquiring Fund, the &#8220;Funds&#8221;). The Agreement
describes a proposed transaction (the &#8220;Reorganization&#8221;) to occur as of the date of this letter, pursuant to which,
in accordance with the merger provisions of the Delaware Limited Liability Company Act (the &#8220;Act&#8221;), Acquired Fund will,
as of the Closing Date, merge (the &#8220;First Merger&#8221;) with and into Eaton Vance Municipal Income Trust Ohio Merger Subsidiary,
LLC, a Delaware limited liability company wholly-owned by Acquiring Fund (&#8220;Merger Sub&#8221;), with Merger Sub as the surviving
entity, pursuant to which merger all of the assets and liabilities of Acquired Fund will vest in Merger Sub, and common shares
of Acquiring Fund (&#8220;Acquiring Fund Shares&#8221;) and cash in lieu of fractional shares will be distributed to Acquired Fund
shareholders in exchange for their common shares of Acquired Fund (&#8220;Acquired Fund Shares&#8221;) in complete liquidation
and dissolution of Acquired Fund. Immediately following the First Merger and pursuant to the Agreement, Merger Sub will merge (the
&#8220;Second Merger&#8221;) with and into Acquiring Fund in accordance with the merger provisions of the Act, with Acquiring Fund
as the surviving entity, pursuant to which all of the assets and liabilities of Merger Sub will vest in Acquiring Fund and the
outstanding equity interests of Merger Sub will be cancelled. Capitalized terms not defined herein are used herein as defined in
the Agreement.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Acquired Fund is registered under the
Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;), as a closed-end management investment company. Acquired
Fund has elected to be a regulated investment company for federal income tax purposes under Section 851 of the Internal Revenue
Code of 1986, as amended (the &#8220;Code&#8221;). Acquiring Fund is registered under the 1940 Act as a closed-end management investment
company. Acquiring Fund has elected to be a regulated investment company for federal income tax purposes under Section 851 of the
Code. For purposes of this opinion, we have considered the Agreement, the prospectus/proxy statement dated November 9, 2018, and
such other items as we have deemed necessary to render this opinion. In addition, each of Acquired Fund and Acquiring Fund has
provided us with a letter dated as of the date hereof (collectively, the &#8220;Representation Letters&#8221;) representing as
to certain facts, occurrences and information upon which each of Acquired Fund and Acquiring Fund has indicated that we may rely
in rendering this opinion (whether or not contained or reflected in the documents and items referred to above).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In reviewing the foregoing materials,
we have assumed, with your permission, the authenticity of original documents, the accuracy of copies, the genuineness of signatures,
the legal capacity of signatories, and the proper execution of documents. We have further assumed that (i) all parties to the Agreement
and any other documents examined by us have acted, and will act, in accordance with the terms of such Agreement and documents,
and that the Reorganization will be consummated pursuant to the terms and conditions set forth in the Agreement without the waiver
or modification of any such terms and conditions; and (ii) all representations contained in the Agreement, as well as those representations
contained in the Representation Letters, are true and complete. In addition, this opinion addresses the tax treatment of holders
of common shares of the Funds, and does not address the tax treatment of any holders of preferred shares of Acquired Fund.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Based on and subject to the foregoing
and subject to the final paragraphs hereof, we are of the opinion that, for U.S. federal income tax purposes:</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(i)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">The Reorganization will constitute a &#8220;reorganization&#8221; within
the meaning of Section 368(a) of the Code, and Acquiring Fund and Acquired Fund each will be &#8220;a party to a reorganization&#8221;
within the meaning of Section 368(b) of the Code;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(ii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Sections 361 and 357(a) of the Code, Acquired Fund will not recognize
gain or loss upon the vesting of the assets and liabilities of Acquired Fund in Acquiring Fund pursuant to the Reorganization,
except for (A) any gain or loss recognized on (1) &#8220;section 1256 contracts&#8221; as defined in Section 1256(b) of the Code
or (2) stock in a &#8220;passive foreign investment company&#8221; as defined in Section 1297(a) of the Code, and (B) any other
gain or loss that may be required to be recognized (1) as a result of the closing of the tax year of Acquired Fund, (2)&nbsp;upon
the termination of a position, or (3) upon the transfer of an asset regardless of whether such a transfer would otherwise be a
nontaxable transaction under the Code;</FONT></TD></TR></TABLE>


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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(iii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 354 of the Code, Acquired Fund shareholders will not recognize
any gain or loss upon the exchange of their Acquired Fund Shares for Acquiring Fund Shares in the Reorganization, except for any
gain realized upon the receipt of cash in lieu of fractional shares of Acquiring Fund;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(iv)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">The receipt of cash by Acquired Fund shareholders in lieu of fractional
shares of Acquiring Fund Shares will be treated as though such fractional shares were distributed as part of the Reorganization
and then redeemed by the Acquiring Fund, and an Acquired Fund shareholder will generally have a capital gain or loss to the extent
the cash received differs from such Acquired Fund shareholder&#8217;s basis allocable to the fractional shares of Acquiring Fund.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(v)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 358 of the Code, the aggregate tax basis of Acquiring Fund
Shares an Acquired Fund shareholder receives in the Reorganization will be the same as the aggregate tax basis of the Acquired
Fund Shares, reduced by any tax basis allocable to fractional shares of Acquiring Fund for which an Acquired Fund shareholder receives
cash;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(vi)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1223(1) of the Code, an Acquired Fund shareholder&#8217;s
holding period for the Acquiring Fund Shares received in the Reorganization will be determined by including the period during which
such shareholder held or is treated for federal income tax purposes as having held the Acquired Fund Shares exchanged therefor,
provided that the shareholder held those Acquired Fund Shares as capital assets; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(vii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1032 of the Code, Acquiring Fund will not recognize gain or
loss upon the vesting of the assets and liabilities of Acquired Fund in Acquiring Fund pursuant to the Reorganization;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(viii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 362(b) of the Code, Acquiring Fund&#8217;s tax basis in the
assets of Acquired Fund vesting in Acquiring Fund in the Reorganization will be the same as Acquired Fund&#8217;s tax basis immediately
prior to the Reorganization, increased by any gain or decreased by any loss required to be recognized as described in (ii) above;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(ix)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1223(2) of the Code, the holding period in the hands of Acquiring
Fund of each Acquired Fund asset vesting in Acquiring Fund in the Reorganization, other than certain assets with respect to which
gain or loss is required to be recognized as described in (ii) above, will include the period during which such asset was held
or treated for federal income tax purposes as held by Acquired Fund; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(x)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Acquiring Fund will succeed to and take into account the items of Acquired
Fund described in Section 381(c) of the Code, subject to the conditions and limitations specified in Sections 381, 382, 383 and
384 of the Code and the Regulations thereunder.</FONT></TD></TR></TABLE>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">We believe that Acquiring Fund will continue
Acquired Fund&#8217;s historic business within the meaning of Treas. Reg. &sect;&nbsp;1.368-1(d), as a closed-end investment company
that seeks current income exempt from federal income tax through investment in municipal securities. We note that Acquired Fund
seeks to generate income exempt from both regular federal income tax and Ohio state personal income tax, whereas Acquiring Fund
seeks to generate income exempt from regular federal income tax. The only guidance applying the continuity of business enterprise
test to investment companies is Revenue Ruling 87-76, 1987-2 C.B. 84, which concluded that a municipal bond fund and a balanced
fund were not in the same line of business. Even on the assumption that the ruling is correct, we do not believe that it is controlling
in the instant case. In our opinion, the continuity of business enterprise test required for qualification under Section 368(a)
of the Code is met in the Reorganization.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">No ruling has been or will be obtained
from the IRS as to the subject matter of this opinion and there can be no assurance that the IRS or a court of law will concur
with the opinion set forth above. Our opinion is based on the Code, Treasury Regulations, IRS rulings, judicial decisions, and
other applicable authority, all as in effect on the date of this opinion. The legal authorities on which this opinion is based
may be changed at any time. Any such changes may be retroactively applied and could modify the opinions expressed above.</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">Very truly yours,</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 3in">/s/ Ropes &amp; Gray LLP</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(12)(B)
<SEQUENCE>6
<FILENAME>exhibit12b_ex-99z12b.htm
<DESCRIPTION>OPINION OF ROPES & GRAY LLP
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-right: 0; margin-bottom: 6pt; margin-left: 0"><IMG SRC="ex12b_201.jpg" ALT="" STYLE="height: 77px; width: 62px"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474"><FONT STYLE="font-size: 6.5pt">ROPES
</FONT><FONT STYLE="font-size: 7pt">&amp; </FONT><FONT STYLE="font-size: 6.5pt">GRAY LLP</FONT></P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">1211 AVENUE OF THE AMERICAS</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">NEW YORK, NY 10036-8704</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">WWW ROPESGRAY COM</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0 300pt; text-align: right">EXHIBIT (12)(b)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">January 18, 2019</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipal Income Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Two International Place</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Boston, Massachusetts 02110</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Eaton Vance Pennsylvania Municipal Income Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Two International Place</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Boston, Massachusetts 02110</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Ladies and Gentlemen:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">We have acted as counsel in connection
with the Agreement and Plan of Reorganization (the &#8220;Agreement&#8221;) dated January 18, 2019, by and between Eaton Vance
Municipal Income Trust, a Massachusetts business trust (&#8220;Acquiring Fund&#8221;), and Eaton Vance Pennsylvania Municipal Income
Trust, a Massachusetts business trust (&#8220;Acquired Fund,&#8221; together with Acquiring Fund, the &#8220;Funds&#8221;). The
Agreement describes a proposed transaction (the &#8220;Reorganization&#8221;) to occur as of the date of this letter, pursuant
to which, in accordance with the merger provisions of the Delaware Limited Liability Company Act (the &#8220;Act&#8221;), Acquired
Fund will, as of the Closing Date, merge (the &#8220;First Merger&#8221;) with and into Eaton Vance Municipal Income Trust Pennsylvania
Merger Subsidiary, LLC, a Delaware limited liability company wholly-owned by Acquiring Fund (&#8220;Merger Sub&#8221;), with Merger
Sub as the surviving entity, pursuant to which merger all of the assets and liabilities of Acquired Fund will vest in Merger Sub,
and common shares of Acquiring Fund (&#8220;Acquiring Fund Shares&#8221;) and cash in lieu of fractional shares will be distributed
to Acquired Fund shareholders in exchange for their common shares of Acquired Fund (&#8220;Acquired Fund Shares&#8221;) in complete
liquidation and dissolution of Acquired Fund. Immediately following the First Merger and pursuant to the Agreement, Merger Sub
will merge (the &#8220;Second Merger&#8221;) with and into Acquiring Fund in accordance with the merger provisions of the Act,
with Acquiring Fund as the surviving entity, pursuant to which all of the assets and liabilities of Merger Sub will vest in Acquiring
Fund and the outstanding equity interests of Merger Sub will be cancelled. Capitalized terms not defined herein are used herein
as defined in the Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Acquired Fund is registered under the
Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;), as a closed-end management investment company. Acquired
Fund has elected to be a regulated investment company for federal income tax purposes under Section 851 of the Internal Revenue
Code of 1986, as amended (the &#8220;Code&#8221;). Acquiring Fund is registered under the 1940 Act as a closed-end management investment
company. Acquiring Fund has elected to be a regulated</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">investment company for federal income tax purposes under
Section 851 of the Code. For purposes of this opinion, we have considered the Agreement, the prospectus/proxy statement dated November
9, 2018, and such other items as we have deemed necessary to render this opinion. In addition, each of Acquired Fund and Acquiring
Fund has provided us with a letter dated as of the date hereof (collectively, the &#8220;Representation Letters&#8221;) representing
as to certain facts, occurrences and information upon which each of Acquired Fund and Acquiring Fund has indicated that we may
rely in rendering this opinion (whether or not contained or reflected in the documents and items referred to above).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In reviewing the foregoing materials,
we have assumed, with your permission, the authenticity of original documents, the accuracy of copies, the genuineness of signatures,
the legal capacity of signatories, and the proper execution of documents. We have further assumed that (i) all parties to the Agreement
and any other documents examined by us have acted, and will act, in accordance with the terms of such Agreement and documents,
and that the Reorganization will be consummated pursuant to the terms and conditions set forth in the Agreement without the waiver
or modification of any such terms and conditions; and (ii) all representations contained in the Agreement, as well as those representations
contained in the Representation Letters, are true and complete. In addition, this opinion addresses the tax treatment of holders
of common shares of the Funds, and does not address the tax treatment of any holders of preferred shares of Acquired Fund.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Based on and subject to the foregoing
and subject to the final paragraphs hereof, we are of the opinion that, for U.S. federal income tax purposes:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(i)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">The Reorganization will constitute a &#8220;reorganization&#8221; within
the meaning of Section 368(a) of the Code, and Acquiring Fund and Acquired Fund each will be &#8220;a party to a reorganization&#8221;
within the meaning of Section 368(b) of the Code;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(ii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Sections 361 and 357(a) of the Code, Acquired Fund will not recognize
gain or loss upon the vesting of the assets and liabilities of Acquired Fund in Acquiring Fund pursuant to the Reorganization,
except for (A) any gain or loss recognized on (1) &#8220;section 1256 contracts&#8221; as defined in Section 1256(b) of the Code
or (2) stock in a &#8220;passive foreign investment company&#8221; as defined in Section 1297(a) of the Code, and (B) any other
gain or loss that may be required to be recognized (1) as a result of the closing of the tax year of Acquired Fund, (2)&nbsp;upon
the termination of a position, or (3) upon the transfer of an asset regardless of whether such a transfer would otherwise be a
nontaxable transaction under the Code;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(iii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 354 of the Code, Acquired Fund shareholders will not recognize
any gain or loss upon the exchange of their Acquired Fund Shares for Acquiring Fund Shares in the Reorganization, except for any
gain realized upon the receipt of cash in lieu of fractional shares of Acquiring Fund;</FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(iv)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">The receipt of cash by Acquired Fund shareholders in lieu of fractional
shares of Acquiring Fund Shares will be treated as though such fractional shares were distributed as part of the Reorganization
and then redeemed by the Acquiring Fund, and an Acquired Fund shareholder will generally have a capital gain or loss to the extent
the cash received differs from such Acquired Fund shareholder&#8217;s basis allocable to the fractional shares of Acquiring Fund.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(v)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 358 of the Code, the aggregate tax basis of Acquiring Fund
Shares an Acquired Fund shareholder receives in the Reorganization will be the same as the aggregate tax basis of the Acquired
Fund Shares, reduced by any tax basis allocable to fractional shares of Acquiring Fund for which an Acquired Fund shareholder receives
cash;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(vi)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1223(1) of the Code, an Acquired Fund shareholder&#8217;s
holding period for the Acquiring Fund Shares received in the Reorganization will be determined by including the period during which
such shareholder held or is treated for federal income tax purposes as having held the Acquired Fund Shares exchanged therefor,
provided that the shareholder held those Acquired Fund Shares as capital assets; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(vii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1032 of the Code, Acquiring Fund will not recognize gain or
loss upon the vesting of the assets and liabilities of Acquired Fund in Acquiring Fund pursuant to the Reorganization;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(viii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 362(b) of the Code, Acquiring Fund&#8217;s tax basis in the
assets of Acquired Fund vesting in Acquiring Fund in the Reorganization will be the same as Acquired Fund&#8217;s tax basis immediately
prior to the Reorganization, increased by any gain or decreased by any loss required to be recognized as described in (ii) above;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(ix)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1223(2) of the Code, the holding period in the hands of Acquiring
Fund of each Acquired Fund asset vesting in Acquiring Fund in the Reorganization, other than certain assets with respect to which
gain or loss is required to be recognized as described in (ii) above, will include the period during which such asset was held
or treated for federal income tax purposes as held by Acquired Fund; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(x)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Acquiring Fund will succeed to and take into account the items of Acquired
Fund described in Section 381(c) of the Code, subject to the conditions and limitations specified in Sections 381, 382, 383 and
384 of the Code and the Regulations thereunder.</FONT></TD></TR></TABLE>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">We believe that Acquiring Fund will continue
Acquired Fund&#8217;s historic business within the meaning of Treas. Reg. &sect;&nbsp;1.368-1(d), as a closed-end investment company
that seeks current income exempt from federal income tax through investment in municipal securities. We note that Acquired Fund
seeks to generate income exempt from both regular federal income tax and Pennsylvania state and local income and personal property
tax, whereas Acquiring Fund seeks to generate income exempt from regular federal income tax. The only guidance applying the continuity
of business enterprise test to investment companies is Revenue Ruling 87-76, 1987-2 C.B. 84, which concluded that a municipal bond
fund and a balanced fund were not in the same line of business. Even on the assumption that the ruling is correct, we do not believe
that it is controlling in the instant case. In our opinion, the continuity of business enterprise test required for qualification
under Section 368(a) of the Code is met in the Reorganization.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">No ruling has been or will be obtained
from the IRS as to the subject matter of this opinion and there can be no assurance that the IRS or a court of law will concur
with the opinion set forth above. Our opinion is based on the Code, Treasury Regulations, IRS rulings, judicial decisions, and
other applicable authority, all as in effect on the date of this opinion. The legal authorities on which this opinion is based
may be changed at any time. Any such changes may be retroactively applied and could modify the opinions expressed above.</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">Very truly yours,</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 3in">/s/ Ropes &amp; Gray LLP</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(12)(C)
<SEQUENCE>7
<FILENAME>exhibit12c_ex-99z12c.htm
<DESCRIPTION>OPINION OF ROPES & GRAY LLP
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-right: 0; margin-bottom: 6pt; margin-left: 0"><IMG SRC="ex12c_301.jpg" ALT="" STYLE="height: 77px; width: 62px"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474"><FONT STYLE="font-size: 6.5pt">ROPES
</FONT><FONT STYLE="font-size: 7pt">&amp; </FONT><FONT STYLE="font-size: 6.5pt">GRAY LLP</FONT></P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">1211 AVENUE OF THE AMERICAS</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">NEW YORK, NY 10036-8704</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">WWW ROPESGRAY COM</P>

<P STYLE="font: 6.5pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 0 0 300pt; color: #747474">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0 300pt; text-align: right">EXHIBIT (12)(c)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0">January 18, 2019</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipal Income Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Two International Place</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Boston, Massachusetts 02110</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Eaton Vance Massachusetts Municipal Income Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Two International Place</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Boston, Massachusetts 02110</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Ladies and Gentlemen:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">We have acted as counsel in connection
with the Agreement and Plan of Reorganization (the &#8220;Agreement&#8221;) dated January 18, 2019, by and between Eaton Vance
Municipal Income Trust, a Massachusetts business trust (&#8220;Acquiring Fund&#8221;), and Eaton Vance Massachusetts Municipal
Income Trust, a Massachusetts business trust (&#8220;Acquired Fund,&#8221; together with Acquiring Fund, the &#8220;Funds&#8221;).
The Agreement describes a proposed transaction (the &#8220;Reorganization&#8221;) to occur as of the date of this letter, pursuant
to which, in accordance with the merger provisions of the Delaware Limited Liability Company Act (the &#8220;Act&#8221;), Acquired
Fund will, as of the Closing Date, merge (the &#8220;First Merger&#8221;) with and into Eaton Vance Municipal Income Trust Massachusetts
Merger Subsidiary, LLC, a Delaware limited liability company wholly-owned by Acquiring Fund (&#8220;Merger Sub&#8221;), with Merger
Sub as the surviving entity, pursuant to which merger all of the assets and liabilities of Acquired Fund will vest in Merger Sub,
and common shares of Acquiring Fund (&#8220;Acquiring Fund Shares&#8221;) and cash in lieu of fractional shares will be distributed
to Acquired Fund shareholders in exchange for their common shares of Acquired Fund (&#8220;Acquired Fund Shares&#8221;) in complete
liquidation and dissolution of Acquired Fund. Immediately following the First Merger and pursuant to the Agreement, Merger Sub
will merge (the &#8220;Second Merger&#8221;) with and into Acquiring Fund in accordance with the merger provisions of the Act,
with Acquiring Fund as the surviving entity, pursuant to which all of the assets and liabilities of Merger Sub will vest in Acquiring
Fund and the outstanding equity interests of Merger Sub will be cancelled. Capitalized terms not defined herein are used herein
as defined in the Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Acquired Fund is registered under the
Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;), as a closed-end management investment company. Acquired
Fund has elected to be a regulated investment company for federal income tax purposes under Section 851 of the Internal Revenue
Code of 1986, as amended (the &#8220;Code&#8221;). Acquiring Fund is registered under the 1940 Act as a closed-end management investment
company. Acquiring Fund has elected to be a regulated investment company for federal income tax purposes under Section 851 of the
Code. For purposes</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">of this opinion, we have considered the Agreement, the prospectus/proxy
statement dated November 9, 2018, and such other items as we have deemed necessary to render this opinion. In addition, each of
Acquired Fund and Acquiring Fund has provided us with a letter dated as of the date hereof (collectively, the &#8220;Representation
Letters&#8221;) representing as to certain facts, occurrences and information upon which each of Acquired Fund and Acquiring Fund
has indicated that we may rely in rendering this opinion (whether or not contained or reflected in the documents and items referred
to above).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In reviewing the foregoing materials,
we have assumed, with your permission, the authenticity of original documents, the accuracy of copies, the genuineness of signatures,
the legal capacity of signatories, and the proper execution of documents. We have further assumed that (i) all parties to the Agreement
and any other documents examined by us have acted, and will act, in accordance with the terms of such Agreement and documents,
and that the Reorganization will be consummated pursuant to the terms and conditions set forth in the Agreement without the waiver
or modification of any such terms and conditions; and (ii) all representations contained in the Agreement, as well as those representations
contained in the Representation Letters, are true and complete. In addition, this opinion addresses the tax treatment of holders
of common shares of the Funds, and does not address the tax treatment of any holders of preferred shares of Acquired Fund.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Based on and subject to the foregoing
and subject to the final paragraphs hereof, we are of the opinion that, for U.S. federal income tax purposes:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(i)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">The Reorganization will constitute a &#8220;reorganization&#8221; within
the meaning of Section 368(a) of the Code, and Acquiring Fund and Acquired Fund each will be &#8220;a party to a reorganization&#8221;
within the meaning of Section 368(b) of the Code;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(ii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Sections 361 and 357(a) of the Code, Acquired Fund will not recognize
gain or loss upon the vesting of the assets and liabilities of Acquired Fund in Acquiring Fund pursuant to the Reorganization,
except for (A) any gain or loss recognized on (1) &#8220;section 1256 contracts&#8221; as defined in Section 1256(b) of the Code
or (2) stock in a &#8220;passive foreign investment company&#8221; as defined in Section 1297(a) of the Code, and (B) any other
gain or loss that may be required to be recognized (1) as a result of the closing of the tax year of Acquired Fund, (2)&nbsp;upon
the termination of a position, or (3) upon the transfer of an asset regardless of whether such a transfer would otherwise be a
nontaxable transaction under the Code;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(iii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 354 of the Code, Acquired Fund shareholders will not recognize
any gain or loss upon the exchange of their Acquired Fund Shares for Acquiring Fund Shares in the Reorganization, except for any
gain realized upon the receipt of cash in lieu of fractional shares of Acquiring Fund;</FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(iv)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">The receipt of cash by Acquired Fund shareholders in lieu of fractional
shares of Acquiring Fund Shares will be treated as though such fractional shares were distributed as part of the Reorganization
and then redeemed by the Acquiring Fund, and an Acquired Fund shareholder will generally have a capital gain or loss to the extent
the cash received differs from such Acquired Fund shareholder&#8217;s basis allocable to the fractional shares of Acquiring Fund.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(v)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 358 of the Code, the aggregate tax basis of Acquiring Fund
Shares an Acquired Fund shareholder receives in the Reorganization will be the same as the aggregate tax basis of the Acquired
Fund Shares, reduced by any tax basis allocable to fractional shares of Acquiring Fund for which an Acquired Fund shareholder receives
cash;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(vi)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1223(1) of the Code, an Acquired Fund shareholder&#8217;s
holding period for the Acquiring Fund Shares received in the Reorganization will be determined by including the period during which
such shareholder held or is treated for federal income tax purposes as having held the Acquired Fund Shares exchanged therefor,
provided that the shareholder held those Acquired Fund Shares as capital assets; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(vii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1032 of the Code, Acquiring Fund will not recognize gain or
loss upon the vesting of the assets and liabilities of Acquired Fund in Acquiring Fund pursuant to the Reorganization;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(viii)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 362(b) of the Code, Acquiring Fund&#8217;s tax basis in the
assets of Acquired Fund vesting in Acquiring Fund in the Reorganization will be the same as Acquired Fund&#8217;s tax basis immediately
prior to the Reorganization, increased by any gain or decreased by any loss required to be recognized as described in (ii) above;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(ix)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Under Section 1223(2) of the Code, the holding period in the hands of Acquiring
Fund of each Acquired Fund asset vesting in Acquiring Fund in the Reorganization, other than certain assets with respect to which
gain or loss is required to be recognized as described in (ii) above, will include the period during which such asset was held
or treated for federal income tax purposes as held by Acquired Fund; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 12pt; font-weight: normal">(x)</FONT></TD><TD><FONT STYLE="font-size: 12pt; font-weight: normal">Acquiring Fund will succeed to and take into account the items of Acquired
Fund described in Section 381(c) of the Code, subject to the conditions and limitations specified in Sections 381, 382, 383 and
384 of the Code and the Regulations thereunder.</FONT></TD></TR></TABLE>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">We believe that Acquiring Fund will continue
Acquired Fund&#8217;s historic business within the meaning of Treas. Reg. &sect;&nbsp;1.368-1(d), as a closed-end investment company
that seeks current income exempt from federal income tax through investment in municipal securities. We note that Acquired Fund
seeks to generate income exempt from both regular federal income tax and Massachusetts state personal income tax, whereas Acquiring
Fund seeks to generate income exempt from regular federal income tax. The only guidance applying the continuity of business enterprise
test to investment companies is Revenue Ruling 87-76, 1987-2 C.B. 84, which concluded that a municipal bond fund and a balanced
fund were not in the same line of business. Even on the assumption that the ruling is correct, we do not believe that it is controlling
in the instant case. In our opinion, the continuity of business enterprise test required for qualification under Section 368(a)
of the Code is met in the Reorganization.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">No ruling has been or will be obtained
from the IRS as to the subject matter of this opinion and there can be no assurance that the IRS or a court of law will concur
with the opinion set forth above. Our opinion is based on the Code, Treasury Regulations, IRS rulings, judicial decisions, and
other applicable authority, all as in effect on the date of this opinion. The legal authorities on which this opinion is based
may be changed at any time. Any such changes may be retroactively applied and could modify the opinions expressed above.</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">Very truly yours,</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/13.5pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 3in">/s/ Ropes &amp; Gray LLP</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>


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