AMENDMENT NO. 7
TO AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
AMENDMENT NO. 7 to the Amended and Restated Expense Limitation Agreement,
dated as of November 1, 2005, 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 and September 30, 2005.
1. New Portfolio. The Manager and the Trust have determined to add the ▇▇▇▇
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▇▇▇▇▇ Value Equity Portfolio, ("New Portfolio") to the Agreement on the terms
and conditions contained in the Agreement, and at the level of the expense
limitation applicable to the New Portfolio as set forth in the attached
schedule.
2. Schedule A. Schedule A to the Agreement, as amended, which sets forth
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the Portfolios of the Trust, is hereby replaced in its entirety by Amendment No.
7 to Schedule A attached hereto.
3. Term and Termination of Agreement. The Term and Termination provisions
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of this Agreement are amended as follows:
This Agreement shall continue in effect with respect to all of the
Portfolios, other than the New Portfolio set forth in Amendment No. 7 to
Schedule A, until April 30, 2006, and, with respect to the New Portfolio, until
April 30, 2007, and shall thereafter continue in effect with respect to each
Portfolio from year to year 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. 7 as of the date first above set forth.
MET INVESTORS SERIES TRUST ON BEHALF MET INVESTORS ADVISORY LLC
OF EACH OF ITS PORTFOLIOS
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Title: CFO, Treasurer Title: Vice President
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AMENDMENT NO. 7
SCHEDULE A
MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
This Agreement relates to the following Portfolios of the Trust:
Maximum Annual
Name of Portfolio Operating Expense Limit
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Lord ▇▇▇▇▇▇ Bond Debenture Portfolio None
Lord ▇▇▇▇▇▇ Mid-Cap Value Portfolio None
Lord ▇▇▇▇▇▇ Growth and Income Portfolio None
Lord ▇▇▇▇▇▇ Growth Opportunities Portfolio 0.90%
Lord ▇▇▇▇▇▇ America's Value Portfolio 0.85%
PIMCO Total Return Portfolio None
RCM Global Technology Portfolio 1.10%
PIMCO Inflation Protected Bond Portfolio 0.65%
▇▇▇▇▇▇▇▇▇▇▇ Capital Appreciation Portfolio 0.75%
▇. ▇▇▇▇ Price Mid-Cap Growth Portfolio 0.90%
MFS Research International Portfolio 1.00%
Janus Aggressive Growth Portfolio 0.90%
Met/▇▇▇▇▇▇ Capital Opportunities Portfolio None
Met/AIM Small Cap Growth Portfolio 1.05%
Met/AIM Mid Cap Core Equity Portfolio 0.90%
▇▇▇▇▇▇ Oakmark International Portfolio 1.10%
Third Avenue Small Cap Value Portfolio 0.95%
▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Real Estate Portfolio 0.90%
▇▇▇▇▇▇ Mid-Cap Growth Portfolio 0.95%
▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid-Cap Value Portfolio 0.95%
MetLife Defensive Strategy Portfolio 0.10%
MetLife Moderate Strategy Portfolio 0.10%
MetLife Balanced Strategy Portfolio 0.10%
MetLife Growth Strategy Portfolio 0.10%
MetLife Aggressive Strategy Portfolio 0.10%
▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Portfolio 0.80%
Cyclical Growth and Income ETF Portfolio 0.80%
Cyclical Growth ETF Portfolio 0.80%
▇▇▇▇ ▇▇▇▇▇ Value Equity Portfolio 0.80%
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