AMENDMENT NO. 13
TO AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
AMENDMENT NO. 13 to the Amended and Restated Expense Limitation
Agreement, dated as of April 28, 2008, by and between Met Investors Advisory,
LLC (the "Manager") and Met Investors Series Trust (the "Trust").
The Manager and the Trust hereby agree to modify and amend the Amended
and Restated Expense Limitation Agreement effective as of October 9, 2001 (the
"Agreement") between Met Investors Advisory Corp. (now known as Met Investors
Advisory, LLC) and the Trust, as amended on May 1, 2002, May 1, 2003, April 30,
2004, November 3, 2004, May 1, 2005, September 30, 2005, November 1, 2005,
December 16, 2005, May 1, 2006, November 1, 2006, May 1, 2007 and November 1,
2007.
1. New Portfolios. The Manager and the Trust have determined to add the
following portfolios ("New Portfolios") to the Agreement on the terms and
conditions contained in the Agreement, and at the level of the expense
limitation applicable to the New Portfolios as set forth in the attached
schedule:
American Funds Balanced Allocation Portfolio
American Funds Growth Allocation Portfolio
American Funds Moderate Allocation Portfolio
American Funds Bond Portfolio
American Funds Global Small Capitalization Portfolio
American Funds Growth Portfolio
American Funds Growth-Income Portfolio
American Funds International Portfolio
Met/Franklin Income Portfolio
Met/Franklin Mutual Shares Portfolio
Met/Xxxxxxxxx Growth Portfolio
Met/Franklin Xxxxxxxxx Founding Strategy Portfolio
2. Schedule A. Schedule A to the Agreement, as amended, which sets
forth the Portfolios of the Trust, is hereby replaced in its entirety by
Amendment No. 13 to Schedule A attached hereto.
3. Term and Termination of Agreement. The Term and Termination
provisions of this Agreement are amended as follows:
This Agreement shall continue in effect until April 30, 2009 with
respect to the New Portfolios and the existing Portfolios set forth in Amendment
No. 13 to Schedule A (except Batterymarch Growth and Income Portfolio). The
expense limitation for the Batterymarch Growth and Income Portfolio is
permanent. The Agreement shall thereafter continue in effect with respect to
each Portfolio from year to year and permanently for the Batterymarch Growth and
Income Portfolio provided such continuance is specifically approved by a
majority of the Trustees of the Trust who (i) are not "interested persons" of
the Trust or any other party to this Agreement, as defined in the 1940 Act, and
(ii) have no direct or indirect financial interest in the operation of this
Agreement ("Independent Trustees"). Nevertheless, this Agreement may be
terminated by either party hereto, without payment of any penalty, upon ninety
(90) days' prior written notice to the other party at its principal place of
business; provided that, in case of termination by the Trust, such action shall
be authorized by resolution of a majority of the Independent Trustees of the
Trust or by a vote of a majority of the outstanding voting securities of the
Trust.
Except as modified and amended hereby, the Agreement is hereby ratified
and confirmed in full force and effect in accordance with its terms.
In WITNESS WHEREOF, the parties have executed and delivered this
Amendment No. 13 as of the date first above set forth.
MET INVESTORS SERIES TRUST MET INVESTORS ADVISORY, LLC
ON BEHALF OF EACH OF
ITS PORTFOLIOS
By: ________________________ By: ________________________
Name: Name:
Title: Title:
AMENDMENT NO. 13
SCHEDULE A
MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
This Agreement relates to the following Portfolios of the Trust:
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Maximum Annual
Name of Portfolio Operating Expense Limit
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American Funds Bond Portfolio 0.10%
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American Funds Global Small Capitalization Portfolio 0.10%
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American Funds Growth Portfolio 0.10%
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American Funds Growth-Income Portfolio 0.10%
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American Funds International Portfolio 0.10%
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American Funds Balanced Allocation Portfolio 0.10%
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American Funds Growth Allocation Portfolio 0.10%
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American Funds Moderate Allocation Portfolio 0.10%
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Strategic Growth and Income Portfolio 0.15%
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Strategic Growth Portfolio 0.15%
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Strategic Conservative Growth Portfolio 0.15%
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Batterymarch Growth and Income Portfolio 0.65% of the first $500 million of such assets
plus 0.55% of such assets over $500 million up
to $1 billion plus 0.50% of such assets over $1
billion up to $1.5 billion plus 0.45% of such
assets over $1.5 billion up to $2 billion plus
0.40% of such assets over $2 billion
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Cyclical Growth and Income ETF Portfolio 0.55%
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Cyclical Growth ETF Portfolio 0.55%
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Dreman Small Cap Value Portfolio 1.10%
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Met/Franklin Income Portfolio 0.90%
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Met/Franklin Mutual Shares Portfolio 0.90%
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Met/Xxxxxxxxx Growth Portfolio 0.80%
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Met/Franklin Xxxxxxxxx Founding Strategy Portfolio 0.10%
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Lazard Mid Cap Portfolio 0.80%
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Xxx Xxxxxx Mid Cap Growth Portfolio 0.90%
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MetLife Aggressive Strategy Portfolio 0.10%
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MetLife Defensive Strategy Portfolio 0.10%
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MFS Emerging Markets Equity Portfolio 1.30%
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Xxxxxxxxxxx Capital Appreciation Portfolio 0.75%
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Pioneer Fund Portfolio 1.00%
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RCM Technology Portfolio 1.10%
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Rainier Large Cap Equity Portfolio 0.80%
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