AMENDMENT NO. 17 TO MANAGEMENT AGREEMENT
This Amendment No. 17 to the Management Agreement dated December 8, 2000 as
amended on February 12, 2001, October 1, 2001, May 1, 2002, January 1, 2003, May
1, 2003, December 1, 2003, January 1, 2004, April 30, 2004, January 1, 2005,
April 30, 2005, July 1, 2005, September 30, 2005, November 1, 2005, December 1,
2005, December 19, 2005 and January 1, 2006 (the "Agreement"), by and between
Met Investors Series Trust and Met Investors Advisory Corp. (now know as Met
Investors Advisory LLC) (the "Manager"), is entered into effective the 1st day
of May, 2006.
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, the Manager 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 Portfolios:
Portfolio Percentage of average daily net assets
---------------------------------------- --------------------------------------
Met/AIM Capital Appreciation Portfolio 0.80% of the first $100 million of
such assets plus 0.75% of such assets
over $100 million up to $200 million
plus 0.70% of such assets over $200
million up to $1 billion plus 0.65%
of such assets over $1 billion.
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
Batterymarch Mid-Cap Stock Portfolio 0.70%
Portfolio Percentage of average daily net assets
---------------------------------------- --------------------------------------
Federated High Yield Portfolio 0.60% of the first $150 million of
such assets plus 0.55% of such assets
over $150 million up to $250 million
plus 0.50% of such assets over $250
million
Xxxxxx Xxxxxx Global Markets Portfolio 0.70% of first $500 million of such
assets plus 0.65% of such assets over
$500 million up to $1 billion plus
0.60% of such assets over $1 billion
Mercury Large-Cap Core Portfolio 0.775% of first $250 million of such
assets plus 0.750% of such assets
over $250 million up to $500 million
plus 0.725% of such assets over $500
million up to $1 billion plus 0.700%
on such assets over $1 billion up to
$2 billion plus 0.650% of such assets
over $2 billion
MFS(R) Emerging Markets Equity Portfolio 1.05% of first $250 million of such
assets plus 1.00% of such assets over
$250 million up to $500 million plus
0.85% of such assets over $500
million up to $1 billion plus 0.75%
of such assets over $1 billion
MFS(R)Value Portfolio 0.725% of first $250 million of such
assets plus 0.675% of such assets
over $250 million up to $1.25 billion
plus 0.600% of such assets over $1.25
billion up to $1.5 billion plus
0.500% of such assets over $1.5
billion
Pioneer Fund Portfolio 0.750% of first $250 million of such
assets plus 0.700% of such assets
over $250 million up to $500 million
plus 0.675% of such assets over $500
million up to $1 billion plus 0.650%
of such assets over $1 billion up to
$2 billion plus 0.600% of such assets
over $2 billion
Pioneer Strategic Income Portfolio 0.75% of first $75 million of such
assets plus 0.70% of such assets over
$75 million up to $150 million plus
0.65% of such assets over $150
million.
Pioneer Mid-Cap Value Portfolio 0.750% of first $250 million of such
assets plus 0.700% of such assets
over $250 million up to $500 million
plus 0.675% of such assets over $500
million up to $1 billion plus 0.650%
of such assets over $1 billion up to
$2 billion plus 0.600% of such assets
over $2 billion.
Portfolio Percentage of average daily net assets
---------------------------------------- --------------------------------------
Dreman Small-Cap Value Portfolio 0.825% of first $50 million of such
assets plus 0.800% of such assets
over $50 million up to $100 million
plus 0.775% of such assets over $100
million up to $500 million plus
0.750% of such assets over $500
million up to $1 billion plus 0.725%
on such assets over $1 billion.
Janus Capital Appreciation Portfolio 0.65% on first $1 billion of such
assets plus 0.60% of such assets over
$1 billion.
Xxxx Xxxxx Partners Managed Assets 0.50%
Portfolio
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 1st day of May, 2006.
MET INVESTORS SERIES TRUST
By: /s/ Xxxxxxx X. Xxxxxx
------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Treasurer
MET INVESTORS ADVISORY LLC
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Vice President
