AMENDMENT NO. 4 TO
AUTOMATIC REINSURANCE AGREEMENT
EFFECTIVE AS OF DECEMBER 1, 2004
(Agreement)
between
METROPOLITAN LIFE INSURANCE COMPANY
(Cedent)
and
EXETER REASSURANCE COMPANY, LTD.
(Reinsurer)
The Agreement is hereby amended, as of February 26, 2007, as follows:
1. The attached Exhibit II, Reinsurance Premiums, amends and, as amended,
restates Exhibit II, Reinsurance Premiums.
This Amendment No. 4 does not alter, amend or modify the Agreement other than as
set forth herein, and the terms and conditions of the Agreement, as amended
herein, continue in effect without other change.
In Witness whereof, the parties have caused this Amendment No. 4 to be signed in
duplicate counterparts as of the date first above written.
METROPOLITAN LIFE INSURANCE COMPANY
By: /s/ [signature illegible]
------------------------------------
Title: [title illegible]
---------------------------------
EXETER REASSURANCE COMPANY, LTD.
By: /s/ [signature illegible]
------------------------------------
Title: President
---------------------------------
EXHIBIT II
REINSURANCE PREMIUMS
A. GMDB PROGRAM
REINSURANCE PREMIUM
GMDB PROGRAM PRODUCTS COVERED (BASIS POINTS)
----------------------------- ------------------------------------------- -------------------
Fifth Year Step-up All Products 10.00
Annual Step-up Plan Codes: 225010, 225011, 225020, 225021, 10.00
225030, 225031, 225050, 225110, and 225150
Annual Step-up Other Plan Codes 20.00
Greater of Annual Step-Up and Plan Codes: 225010, 225011, 225020, 225021, 25.00
5% Rollup 225030, 225031, 225050, 225110, and 225150
Greater of Annual Step-Up and Other Plan Codes 35.00
5% Rollup
Earnings Preservation All Products 25.00
Benefit
B. INCOME PROGRAM
REINSURANCE PREMIUM
INCOME PROGRAM PRODUCTS COVERED (BASIS POINTS)
----------------------------- ------------------------------------------- -------------------
GMIB All Products sold prior to May 1, 2003 35
GMIB & GMIB II Plan codes 225080, 225090, 2250A0, 2250A1, 45
2250B0, 2250B1, 2250C0, 2250C1, 2250D0,
2250D1, 2250E0, 2250E1, 2250L0, 2250L1,
225180, and 2251B0 sold after April 30,
2003 and before May 1, 2005 if GMDB program
is Annual Step or Max of Annual Step and
Rollup
GMIB & GMIB II All other Products sold after April 30, 50
2003 and before May 1, 2005 and for All
Products sold after April 30,2005
GMIB Plus All Products sold after April 30, 2005 and 75
before February 26, 2007.
GMIB Plus All Products sold on or after February 26, 80
2007.
C. WITHDRAWAL PROGRAM
REINSURANCE PREMIUM
WITHDRAWAL PROGRAM PRODUCTS COVERED (BASIS POINTS)
----------------------------- ---------------- -------------------
Guaranteed Withdrawal Benefit All Products 50.00
Lifetime GWB - Single Life All Products 50.00
Version
Lifetime GWB - Joint Life All Products 70.00
Version
D. ACCUMULATION PROGRAM
REINSURANCE PREMIUM
ACCUMULATION PROGRAM PRODUCTS COVERED (BASIS POINTS)
----------------------------- ---------------- -------------------
Guaranteed Accumulation All Products 75.00
Benefit
