AMENDMENT NO. 11
TO AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
AMENDMENT NO. 11 to the Amended and Restated Expense Limitation
Agreement, dated as of May 1, 2007, by and between Met Investors Advisory LLC
(the "Manager") and Met Investors Series Trust (the "Trust").
The Manager and the Trust hereby agree to modify and amend the Amended
and Restated Expense Limitation Agreement effective as of October 9, 2001 (the
"Agreement") between Met Investors Advisory Corp. (now known as Met Investors
Advisory LLC) and the Trust, as amended on May 1, 2002, May 1, 2003, April 30,
2004, November 3, 2004, May 1, 2005, September 30, 2005, November 1, 2005,
December 16, 2005, May 1, 2006 and November 1, 2006.
1. Schedule A. Schedule A to the Agreement, as amended, which sets
forth the Portfolios of the Trust, is hereby replaced in its entirety by
Amendment No. 11 to Schedule A attached hereto.
2. Term and Termination of Agreement. The Term and Termination
provisions of this Agreement are amended as follows:
This Agreement shall continue in effect until April 30, 2008 with
respect the existing Portfolios set forth in Amendment No. 11 to Schedule A
(except Batterymarch Growth and Income Portfolio). The expense limitation for
the Batterymarch Growth and Income Portfolio is permanent. The Agreement shall
thereafter continue in effect with respect to each Portfolio from year to year
and permanently for the Batterymarch Growth and Income Portfolio provided such
continuance is specifically approved by a majority of the Trustees of the Trust
who (i) are not "interested persons" of the Trust or any other party to this
Agreement, as defined in the 1940 Act, and (ii) have no direct or indirect
financial interest in the operation of this Agreement ("Independent Trustees").
Nevertheless, this Agreement may be terminated by either party hereto, without
payment of any penalty, upon ninety (90) days' prior written notice to the other
party at its principal place of business; provided that, in case of termination
by the Trust, such action shall be authorized by resolution of a majority of the
Independent Trustees of the Trust or by a vote of a majority of the outstanding
voting securities of the Trust.
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. 11 as of the date first above set forth.
MET INVESTORS SERIES TRUST MET INVESTORS ADVISORY LLC
ON BEHALF OF EACH OF
ITS PORTFOLIOS
By: ________________________ By: ________________________
Name: Name:
Title: Title:
AMENDMENT NO. 11
SCHEDULE A
MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
This Agreement relates to the following Portfolios of the Trust:
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Maximum Annual
Name of Portfolio Operating Expense Limit
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Met/AIM Capital Appreciation Portfolio 1.25%
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Met/AIM Small Cap Growth Portfolio 1.05%
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Batterymarch Growth and Income Portfolio 0.65% of the first $500 million of such assets
plus 0.55% of such assets over $500 million up
to $1 billion plus 0.50% of such assets over $1
billion up to $1.5 billion plus 0.45% of such
assets over $1.5 billion up to $2 billion plus
0.40% of such assets over $2 billion
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Batterymarch Mid-Cap Stock Portfolio 0.95%
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BlackRock High Yield Bond Portfolio 0.95%
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Cyclical Growth and Income ETF Portfolio 0.55%
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Cyclical Growth ETF Portfolio 0.55%
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Dreman Small-Cap Value Portfolio 1.10%
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Xxxxxxx Xxxxx Mid-Cap Value Portfolio 0.95%
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Xxxxxx Oakmark International Portfolio 1.10%
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Janus Forty Portfolio 1.25%
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Lazard Mid-Cap Portfolio 0.80%
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Xxxx Xxxxx Partners Aggressive Growth Portfolio 0.90%
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Xxxx Xxxxx Partners Managed Assets Portfolio 1.25%
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Xxxx Xxxxx Value Equity Portfolio 0.80%
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Xxxxxx Xxxxxx Global Markets Portfolio 0.90%
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Lord Xxxxxx Bond Debenture Portfolio None
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Lord Xxxxxx Growth and Income Portfolio None
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Lord Xxxxxx Mid-Cap Value Portfolio None
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MetLife Aggressive Strategy Portfolio 0.10%
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MetLife Balanced Strategy Portfolio 0.10%
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MetLife Defensive Strategy Portfolio 0.10%
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MetLife Growth Strategy Portfolio 0.10%
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MetLife Moderate Strategy Portfolio 0.10%
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MFS Emerging Markets Equity Portfolio 1.30%
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MFS Research International Portfolio 1.00%
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MFS Value Portfolio 1.00%
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Xxxxxxxxx Xxxxxx Real Estate Portfolio 0.90%
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Xxxxxxxxxxx Capital Appreciation Portfolio 0.75%
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PIMCO Inflation Protected Bond Portfolio 0.65%
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PIMCO Total Return Portfolio None
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Pioneer Fund Portfolio 1.00%
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Pioneer Strategic Income Portfolio 1.25%
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RCM Technology Portfolio 1.10%
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Strategic Conservative Growth Portfolio 0.15%
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Strategic Growth Portfolio 0.15%
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Strategic Growth with Income Portfolio 0.15%
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X. Xxxx Price Mid-Cap Growth Portfolio 0.90%
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Third Avenue Small Cap Value Portfolio 0.95%
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Xxxxxx Mid-Cap Growth Portfolio 0.95%
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Xxx Xxxxxx Xxxxxxxx Portfolio 0.80%
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Xxx Xxxxxx Mid-Cap Growth Portfolio 0.90%
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