AMENDMENT NO. 1 TO INVESTMENT ADVISORY AGREEMENT
This Amendment No. 1 to the Investment Advisory Agreement (the "Agreement")
dated December 8, 2000, by and between Met Investors Advisory Corp. (now known
as Met Investors Advisory LLC) (the "Manager") and X.X. Xxxxxx Investment
Management, Inc. (the "Adviser") with respect to the X.X. Xxxxxx Select Equity
Portfolio ("Portfolio"), is entered into effective the 1st day of January, 2003.
WHEREAS the Agreement provides for the Adviser to provide certain
investment advisory services to the Manager, for which the Adviser is to receive
agreed upon fees; and
WHEREAS the Manager and the Adviser desire to make certain changes to the
Agreement;
NOW, THEREFORE, the Manager and the Adviser hereby agree that the Agreement
is amended as follows:
1. Schedule A of the Agreement hereby is amended to change the
Adviser's fee to the following:
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Percentage of average daily net assets
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X.X. Xxxxxx Select Equity 0.40% of the first $250 million
of such assets, plus 0.35% of such
assets over $250 million up to $500
million, plus 0.30% of such assets over
$500 million up to $1 billion, plus
0.25% of such assets over $1 billion
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2. All other terms and conditions of the Agreement shall remain in full
force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the 1st day of January, 2003.
MET INVESTORS ADVISORY LLC
By:
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Authorized Officer
X.X. XXXXXX INVESTMENT MANAGEMENT, INC.
By:
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Authorized Officer
