AMENDMENT NO. 3
TO
SECOND AMENDED AND RESTATED DISTRIBUTION AGREEMENT
CLASS C SHARES
METLIFE INVESTORS DISTRIBUTION COMPANY
AMENDMENT NO. 3 to Distribution Agreement ("Amendment No. 3"), dated as of
April 30, 2004, by and between Met Investors Series Trust (the "Trust") and
MetLife Investors Distribution Company ("MID").
The Trust and MID agree to modify and amend the Second Amended and Restated
Distribution Agreement relating to Class C Shares dated as of August 30, 2002,
as amended on May 1, 2003 and November 1, 2003 (the "Original Agreement" or
"Agreement") as herein provided. All terms used in this Amendment No. 3, unless
defined herein to the contrary, shall have the meaning given such terms in the
Agreement.
1. New Portfolios. The Trust hereby authorizes MID to participate in the
distribution of Class C shares of the following new portfolios ("New
Portfolios") on the terms and conditions contained in the Agreement:
Xxxxxxxxx Xxxxxx Real Estate Portfolio
Xxxxxx Mid-Cap Growth Portfolio
Xxxxxxx Xxxxx Mid-Cap Value Portfolio
2. Effective Date. The effective date of this Amendment No. 3 shall be
April 30, 2004 with respect to the New Portfolios.
3. Duration of Agreement. This Agreement shall continue in effect until
August 31, 2004 with respect to the New Portfolios and thereafter will continue
on a year to year basis with respect to the Portfolios only so long as the
continuance is specifically approved at least annually either by (a) the Board
of Trustees of the Trust or (b) persons having voting rights in respect of the
Trust, by the vote stated in Section 11 of the Agreement, voted in accordance
with the provisions contained in the Participation Agreement (as defined in the
Agreement); provided, however, that in either event such continuance shall also
be approved by a vote of a majority of the Trustees of the Trust who are not
interested persons of any party to the Agreement, cast in person at a meeting
called for the purpose of voting on such approval.
4. Section 5 of the Second Amended and Restated Distribution Agreement is
amended to read in whole as follows:
Section 0.Xx compensation to MID for services rendered and expenses borne
as a distributor hereunder, each Portfolio of the Trust, other than the
Met/American Growth, Met/American Growth-Income, Met/American International
and Met/American Bond Portfolios, shall pay MID a monthly fee (payable on
or before the fifth (5th) business day of the following month) at a rate
equal to 0.50% per annum of the average daily net assets of each such
Portfolio attributable to Class C shares with respect to which MID provides
services and/or assumes expenses under the Class C Distribution Plan, and
each of Met/American Growth, Met/American Growth-Income, Met/American
International and Met/American Bond Portfolios shall pay MID a monthly fee
at a rate equal to 0.30% per annum of the daily net assets of each such
Portfolio attributable to Class C shares. MID may, but need not, pay or
charge Participating Insurance Companies pursuant to Sales Agreements, as
described in Section 2 hereof.
5. Schedule A. Schedule A to the Agreement, setting forth the Portfolios of
the Trust for which MID is authorized to distribute Class C Shares, is hereby
replaced in its entirety by Schedule A attached hereto.
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. 3 as of the date first
above set forth.
MET INVESTORS SERIES TRUST METLIFE INVESTORS DISTRIBUTION
COMPANY
By: By:
----------------------- -------------------------
Xxxxxxxxx X. Forget
President
SCHEDULE A
TO
AMENDMENT NO. 3
DISTRIBUTION AGREEMENT
CLASS C SHARES
Portfolios in Original Agreement:
X.X. Xxxxxx Quality Bond
X.X. Xxxxxx Small Cap Stock (now known as Met/Xxxxxx Capital Opportunities)
X.X. Xxxxxx Enhanced Index
X.X. Xxxxxx Select Equity
X.X. Xxxxxx International Equity
Lord Xxxxxx Bond Debenture
Lord Xxxxxx Mid-Cap Value
Lord Xxxxxx Developing Growth
Lord Xxxxxx Growth and Income
Lord Xxxxxx Growth Opportunities
PIMCO Total Return
PIMCO Money Market
PIMCO Innovation
MFS Mid Cap Growth (now known as X. Xxxx Price Mid-Cap Growth)
MFS Research International
Met/Xxxxxx Research
Janus Aggressive Growth
Xxxxxxxxxxx Capital Appreciation
Met/AIM Small Cap Growth
Met/AIM Mid Cap Equity
State Street Research Concentrated International (now known as Xxxxxx
Oakmark International)
Third Avenue Value
Portfolios Added by Amendment No. 1:
Lord Xxxxxx America's Value
PIMCO Inflation Protected Bond
Portfolios Deleted by Amendment No. 1:
X.X. Xxxxxx Enhanced Index
X.X. Xxxxxx International Equity
Lord Xxxxxx Developing Growth
Portfolios Added by Amendment No. 2:
Met/American Growth Portfolio
Met/American Growth-Income Portfolio
Met/American International Portfolio
Met/American Bond Portfolio
Portfolios Added by Amendment No. 3:
Xxxxxxxxx Xxxxxx Real Estate Portfolio
Xxxxxx Mid-Cap Growth Portfolio
Xxxxxxx Xxxxx Mid-Cap Value Portfolio
Portfolio Deleted by Amendment No. 3:
PIMCO Money Market Portfolio
