AMENDMENT NO. 5 TO MANAGEMENT AGREEMENT
AMENDMENT NO. 5 TO MANAGEMENT AGREEMENT
This Amendment No. 5 to the Management Agreement dated November 1, 2004 as amended on April 30, 2005, April 28, 2008, November 12, 2009 and May 1, 2011 (the “Agreement”), by and between Met Investors Series Trust (the “Trust”) and Met Investors Advisory LLC (a predecessor to MetLife Advisers, LLC) (the “Adviser”), is entered into effective the 2nd day of November, 2012.
WHEREAS the Agreement provides for the Adviser to provide certain services to the Trust for which the Adviser is to receive agreed upon fees; and
WHEREAS the Adviser and the Trust desire to make certain changes to the Agreement.
NOW, THEREFORE, for good and valuable consideration, the receipt of which is acknowledged, the Adviser and the Trust hereby agree that the Agreement is amended as follows:
1. Schedule A of the Agreement hereby is amended to add the following additional Portfolio:
Portfolio
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Percentage of average daily net assets
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MetLife Multi-Index Targeted Risk Portfolio | Base Portion* 0.070% of the first $500 million of such assets, plus 0.060% of such assets over $500 million up to $1 billion, plus 0.050% of such assets over $1 billion
Overlay Portion* 0.500% of the first $250 million of such assets, plus 0.485% of such assets over $250 million up to $500 million, plus 0.470% of such assets over $500 million up to $1 billion, plus 0.450% of such assets over $1 billion
* These terms have the definitions given to them in the Portfolio’s prospectus.
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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 on the 2nd day of November 2012.
METLIFE ADVISERS, LLC | ||||||
By: | /s/ Xxxxxxx X. Xxxxxxx |
By: | /s/ Xxxx X. Xxxxxx, Xx. | |||
Xxxxxxx X. Xxxxxxx | Xxxx X. Xxxxxx, Xx | |||||
Vice President | Chief Financial Officer and Treasurer |
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