AMENDMENT NO. 3 TO MANAGEMENT AGREEMENT
AMENDMENT NO. 3 TO MANAGEMENT AGREEMENT
This Amendment No. 3 to the Management Agreement dated November 1, 2004 as amended April 30, 2005 and April 28, 2008 (the “Agreement”), by and between Met Investors Series Trust and Met Investors Advisory, LLC (a predecessor to MetLife Advisers, LLC) (the “Manager”), is entered into effective the 12th day of November, 2009.
WHEREAS the Agreement provides for the Manager to provide certain services to the Trust for which the Manager is to receive agreed upon fees; and
WHEREAS the Manager 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 Manager and the Trust hereby agree that the Agreement is amended as follows:
1. Schedule A of the Agreement hereby is amended to revise the compensation payable with regard to the following Portfolios:
| Portfolio |
Percentage of average daily net assets | |
| Met/Franklin Xxxxxxxxx Founding Strategy Portfolio | 0.050% of first $500 million plus 0.040% of such assets over $500 million up to $1 billion plus 0.030% of such assets over $1 billion | |
| American Funds Balanced Allocation Portfolio | 0.100% of first $500 million plus 0.075% of such assets over $500 million up to $1 billion plus 0.050% of such assets over $1 billion | |
| American Funds Growth Allocation Portfolio | 0.100% of first $500 million plus 0.075% of such assets over $500 million up to $1 billion plus 0.050% of such assets over $1 billion | |
| American Funds Moderate Allocation Portfolio | 0.100% of first $500 million plus 0.075% of such assets over $500 million up to $1 billion plus 0.050% of such assets over $1 billion | |
2. All other terms and conditions of the Agreement shall remain in full force and effect.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed on the 12th day of November, 2009.
| MET INVESTORS SERIES TRUST | ||
| By: | /s/ Xxxxxxx X. Xxxxxx | |
| Name: Xxxxxxx X. Xxxxxx | ||
| Title: Treasurer | ||
| METLIFE ADVISERS, LLC | ||
| By: | /s/ Xxxxxxx X. Xxxxxx | |
| Name: Xxxxxxx X. Xxxxxx | ||
| Title: Vice President | ||
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