TO THE
AMENDMENT ONE
(THE "AMENDMENT")
TO THE
REINSURANCE AGREEMENT
(THE "AGREEMENT")
BETWEEN
METLIFE INVESTORS INSURANCE COMPANY
(THE "CEDENT")
AND
METROPOLITAN LIFE INSURANCE COMPANY
(THE "REINSURER")
WHEREAS, the Cedent and the Reinsurer entered into the Agreement as of April 1,
2001; and
WHEREAS, the Cedent and the Reinsurer desire to amend the Agreement as set forth
below.
NOW, THEREFORE, this Agreement shall be and is hereby amended, as of the
inception of the Agreement, as follows:
1. By amending and, as amended, restating Schedule F, Paragraph 1. to read as
follows:
"Ceding Allowance. The Reinsurer shall indemnify the Cedent a percentage
times its quota share of premiums collected with respect to Policies
according to the following schedule:
Ceding Allowance
Product Name Cumulative Premium By Plan Code
--------------------- ----------------------- -----------------
Class A (Front-End FL3EDR All Other
Load; A-Share; Xxxxxx Plan Codes
Xxxxx)
Less than $50,000 0.50% 7.00%
$50,000 - 99,999.99 0.50% 5.75%
$100,000-249,999.99 0.50% 4.75%
$250,000 - 499,999.99 0.50% 4.00%
$500,000 - 999,999.99 0.50% 3.60%
$1 million or greater 0.50% 3.00%
Age of
Oldest Owner
Upon
Acceptance of
Purchase Commission Ceding Allowance
Product Name Payment Option By Plan Code
-------------------------- ------------- ---------- ------------------------------
Class VA (7-Year Back-End ST110X ST110R All Other
Load) Plan Codes
0-79 A 7.00% 0.50% 8.50%
B 7.00% 0.50% 7.00%
C 7.00% 0.50% 4.00%
80-85 A 7.00% 0.50% 5.25%
B 7.00% 0.50% 4.50%
C 7.00% 0.50% 3.00%
86-90 A 7.00% 0.50% 3.63%
B 7.00% 0.50% 3.25%
C 7.00% 0.50% 2.50%
Class B (7-Year Back-End ST1EDR All Other
Load; Xxxxxx Xxxxx) Plan Codes
0-79 All 0.50% 6.75%
80-85 All 0.50% 4.50%
86-90 All 0.50% 3.25%
Class AA (7-Year Back-End ST1AGB & ST1AGR All Other
Load; XX Xxxxxxx) ST1AGX Plan Codes
0-79 A 7.00% 0.50% 7.75%
B 7.00% 0.50% 4.00%
80-85 A 7.00% 0.50% 5.00%
B 7.00% 0.50% 3.00%
86-90 A 7.00% 0.50% 3.50%
B 7.00% 0.50% 2.50%
Class XC (Bonus; All Plan
Warehouses) Codes
0-79 A 8.50%
B 7.00%
80-85 A 5.25%
B 4.50%
86-90 A 3.63%
B 3.25%
Class C (Level Load; CS510R All Other
C-Share; Warehouses) Plan Codes
0-79 All 0.50% 4.25%
80-85 All 0.50% 3.12%
86-90 All 0.50% 2.56%
Class L (3-Year LS410R All Other
Back-End Load; L-Share; Plan Codes
Wirehouses) 0-79 A 0.50% 6.87%
B 0.50% 5.12%
80-85 A 0.50% 4.62%
B 0.50% 3.72%
86-90 A 0.50% 3.52%
B 0,50% 3.07%
2. Other Reinsurance Agreement terms and conditions remain unchanged.
IN WITNESS WHEREOF, the parties have caused this Amendment One to be signed as
of the date first above written.
METLIFE INVESTORS INSURANCE COMPANY METROPOLITAN LIFE INSURANCE COMPANY
By: /s/ [Illegible Signature] By: /s/ RBB
-------------------------------- -----------------------------------
Title: EVP Title: Vice President and Sr. Actuary
----------------------------- --------------------------------
AMENDMENT TWO
(THE "AMENDMENT")
TO THE
REINSURANCE AGREEMENT
(THE "AGREEMENT")
BETWEEN
METLIFE INVESTORS INSURANCE COMPANY
(THE "CEDENT")
AND
METROPOLITAN LIFE INSURANCE COMPANY
(THE "REINSURER")
WHEREAS, the Cedent and the Reinsurer entered into the Agreement as of April 1,
2001; and
WHEREAS, the Cedent and the Reinsurer desire to amend the Agreement as set forth
below.
NOW, THEREFORE, this Agreement shall be and is hereby amended, as of May 1,
2003, as follows:
1. By amending and, as amended, restating Schedule F, Paragraph 1. to read as
follows:
"Ceding Allowance. The Reinsurer shall indemnify the Cedent a percentage
times its quota share of premiums collected with respect to Policies
according to the following schedule:
Ceding Allowance
Product Name Cumulative Premium By Plan Code
------------------------ ----------------------- -----------------
Class A (Front-End FL3EDR All Other
Load; A-Share; Xxxxxx & Plan Codes
Xxxxx) FL3ER3
Less man $50,000 0.50% 7.00%
$50,000-99,999.99 0.50% 5.75%
$100,000-249,999.99 0.50% 4.75%
$250,000-499,999.99 0.50% 4.00%
$500,000-999,999.99 0.50% 3.60%
$1 million or greater 0.50% 3.00%
Class XC (Bonus; All Plan
Warehouses) Codes
0-79 A 8.50%
B 7.00%
80-85 A 5.25%
B 4.50%
86-90 A 3.63%
B 3.25%
Class C (Level Load; CS510R & All Other
C-Share; Wirehouses) CS51R3 Plan Codes
0-79 All 0.50% 4.25%
80-85 All 0.50% 3.12%
86-90 All 0.50% 2.56%
Class L (3-Year Back-End LS410R & All Other
Load; L-Share; LS41R3 Plan Codes
Wirehouses) 0-79 A 0.50% 6.87%
B 0.50% 5.12%
80-85 A 0.50% 4.62%
B 0.50% 3.72%
86-90 A 0.50% 3.52%
B 0.50% 3.07%
2. Other Reinsurance Agreement terms and conditions remain unchanged.
IN WITNESS WHEREOF, the parties have caused this Amendment One to be signed as
of the date first above written.
METLIFE INVESTORS INSURANCE COMPANY METROPOLITAN LIFE INSURANCE COMPANY
By: /s/ [Illegible Signature] By: /s/ Xxxxxxx X. Xxxxxx
-------------------------------- -----------------------------------
Title: EVP, Product Mgmt Title: Vice President & Actuary
----------------------------- --------------------------------
