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       THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES
     THAT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.

                  MetLife Leadership Deferred Compensation Plan
  (effective with respect to salary and Cash Incentive Compensation January 1,
          2005, and with respect to Stock Compensation April 15, 2005)

1.    Purpose. The purpose of the Plan is to provide an opportunity for
      Participants to delay receipt of certain compensation until a later date,
      at which time payment of the compensation will be made after adjustment
      for the simulated investment experience of such compensation from date of
      deferral.

2.    Plan Administration.

      2.1.  The Plan Administrator shall administer the Plan.

      2.2.  The Plan Administrator may establish, amend, and rescind rules and
            regulations relating to the Plan, provide for conditions necessary
            or advisable to protect the interest of the MetLife Companies,
            construe all communications related to the Plan, and make all other
            determinations it deems necessary or advisable for the
            administration and interpretation of the Plan. The Plan
            Administrator may conform any provision of this Plan to the extent
            such provision is inconsistent with Legal Deferral Requirements.

      2.3.  Determinations, interpretations, and other actions made by the Plan
            Administrator shall be final, binding, and conclusive for all
            purposes and upon all individuals.

      2.4.  The Plan Administrator may prescribe forms as the sole and exclusive
            means for Participants to take actions authorized or allowed under
            the Plan. The Plan Administrator may issue communications to
            Eligible Associates and Participants as it deems necessary or
            appropriate in connection with the Plan (including but not limited
            to communications explaining the risks and potential benefits of the
            Investment Tracking Funds). Subject to the provisions of Section 20,
            the Plan Administrator may, in its sole discretion, adjust the value
            of Deferred Compensation Accounts on a basis other than as
            prescribed in Deferral Elections or Reallocation Elections,
            including but not limited to the use of Investment Tracking Funds
            other than those selected by the Participant.

      2.5.  Except to the extent prohibited by law, communication by the Plan
            Administrator (and by an Eligible Associate or Participant to the
            extent authorized by the Plan Administrator) of any document or
            writing, including any document or writing that must be executed by
            a party, may be in an electronic form of communication.

      2.6.  The Plan Administrator may appoint such agents, who may be officers
            or employees of a MetLife Company, as it deems necessary or
            appropriate to assist it in administering the Plan and may grant
            authority to such agents to execute documents and take action on its
            behalf. The Plan Administrator may consult such legal counsel,
            consultants, or other professional as it deems desirable and may
            rely on any opinion

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            received from any such professional or from its agent. All expenses
            incurred in the administration of the Plan shall be paid by one or
            more of the MetLife Companies.

3.    Eligibility to Participate. Each Eligible Associate shall be eligible to
      participate in this Plan; provided, however, that unless the Plan
      Administrator determines otherwise, no otherwise Eligible Associate who,
      at the individual's election or request, receives an accelerated payment
      pursuant to the terms of any non-qualified deferred compensation plan in
      which the individual participated by virtue of employment with any MetLife
      Company shall be eligible to participate in this Plan with regard to
      Compensation payable in any calendar year prior to the calendar year next
      beginning after the third anniversary of such payment is made.

4.    Deferral Elections.

      4.1.  At such times as are determined by the Plan Administrator, each
            Eligible Associate may complete and submit to the Plan Administrator
            a Deferral Election applicable to the Eligible Associate's
            Compensation payable for services performed in such periods
            following the date of the Deferral Election (or other such periods
            consistent with Legal Deferral Requirements) determined by the Plan
            Administrator. Within thirty (30) days after attaining the status of
            Eligible Associate in his or her first calendar year as an Officer
            or 090 Employee, such Eligible Associate may complete and submit to
            the Plan Administrator a Deferral Election applicable to the
            Eligible Associate's Compensation payable for services in the
            current calendar year or other periods following the date of the
            Deferral Election (or other such periods consistent with Legal
            Deferral Requirements) determined by the Plan Administrator. The
            Plan Administrator shall prescribe the form(s) of Deferral Election.

      4.2.  The Plan Administrator may offer an Eligible Participant the
            opportunity to indicate each or any of the following, either
            separately or in combination, in a Deferral Election: (a) the
            percentage, in increments of 5%, or maximum dollar amount of salary
            (which, for greater clarity, shall not include any payments under
            any such plans contingent on a separation agreement, release, or
            similar agreement) that would otherwise be paid the receipt of which
            the Eligible Associate wishes to defer into a Deferred Cash
            Compensation Account, which shall be no greater than 75% of salary;
            (b) the percentage, in increments of 5%, or (except for payments
            under the Long Term Performance Compensation Plan, International
            Long Term Performance Compensation Plan, or payments to an 090
            Employee) maximum dollar amount of Cash Incentive Compensation, by
            plan under which such Compensation may be payable, that would
            otherwise be paid the receipt of which the Eligible Associate wishes
            to defer into a Deferred Cash Compensation Account (provided,
            however, that if the Participant expresses a maximum dollar amount
            of Cash Incentive Compensation for deferral and the amount of Cash
            Incentive Compensation actually payable to the Participant is less
            than the maximum dollar amount specified, the Deferral Election
            shall be deemed to apply to the full amount of the Cash Incentive
            Compensation); (c) the percentage, in increments of 5%, of Stock
            Compensation that would otherwise be paid the receipt of which the
            Eligible Associate wishes to defer into a Deferred Stock
            Compensation Account; (d) the percentage, in increments of 5%, of
            cash payments under the Long Term Performance Compensation Plan
            which the Eligible Associate wishes to defer into a Deferred Stock
            Compensation Account;

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            (e) the Investment Tracking Fund(s) which the Eligible Participant
            selects to adjust the value of the Deferred Cash Compensation
            Account and the value of the Matching Contribution Account, in
            increments of 5%; (f) the date on which the Eligible Participant
            wishes the payment of the Deferred Stock Compensation Account to
            begin; (g) the date on which the Eligible Participant wishes the
            payment of the Deferred Cash Compensation Account and Matching
            Contribution Account to begin; (h) whether the Deferred Compensation
            Accounts are to be paid in a single lump sum or annual installments;
            and (i) if the Deferred Compensation Accounts are to be paid in
            annual installments, the number (not to exceed fifteen (15)) of such
            installments. If, upon Employment Discontinuance (or upon the
            conclusion of the Participant's receipt of severance payments), the
            Participant is Retirement Eligible or will be deemed to be
            Retirement Eligible upon attaining age 55, the Participant's
            elections regarding Cash Incentive Compensation and/or Deferred
            Stock Compensation shall be applied to any such compensation
            otherwise payable after the Participant's Employment Discontinuance.

      4.3.  Each Deferral Election that specifies any deferral of salary in
            terms of a maximum dollar amount rather than in percentage terms
            must specify deferral of at least two hundred dollars ($200) of
            salary per pay period. Each Deferral Election that specifies any
            deferral of Cash Incentive Compensation in terms of a maximum dollar
            amount rather than in percentage terms must specify deferral of at
            least five thousand dollars ($5,000) of Cash Incentive Compensation
            per year.

      4.4.  Each Deferral Election shall indicate the date(s) on which the
            Eligible Associate wishes the payment of a Deferred Compensation
            Account to begin by indicating either: (a) a single date certain
            that is no earlier than January 1 of the calendar year following the
            calendar year in which the third anniversary of the latest date any
            Compensation subject to the Deferral Election would have otherwise
            been paid; or (b) the date of the Eligible Associate's termination
            of employment when Retirement Eligible.

      4.5.  The Plan Administrator may, in its discretion, reject and/or reform
            any Deferral Election, in whole or in part, due to (a) inconsistency
            of the Deferral Election with this Section 4; (b) inconsistency of
            the Deferral Election with employer compliance with legal
            requirements (including those regarding sufficient tax withholding
            and those regarding payroll taxation for FICA or otherwise); (c)
            inconsistency of the Deferral Election with requirements for
            employee contributions or premium payments from compensation under
            the terms of any plan; (d) inconsistency of the Deferral Election
            with Legal Deferral Requirements; or (e) any other lawful basis.

      4.6.  Notwithstanding any other provisions of this Plan, no Compensation
            payable to a Participant less than one-hundred eighty (180) days
            after the first day of the second calendar month following a
            hardship payment to the Participant under SIP or other qualified
            deferred compensation plan in which the individual participates by
            virtue of employment with any MetLife Company shall be deferred
            under this Plan.

      4.7.  No election by an Eligible Associate of the percentage of cash
            payments under the Long Term Performance Compensation Plan which the
            Eligible Associate wishes to

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            defer into a Deferred Stock Compensation Account under Section
            4.2(d) shall be made in violation of the Insider Trading Policy
            promulgated by MetLife, Inc. or an Affiliate. To the extent such an
            election is in violation of that policy, the amount of cash payments
            under the Long Term Performance Compensation Plan which the Eligible
            Associate specified for deferral into a Deferred Stock Compensation
            Account shall instead be deferred as Cash Incentive Compensation
            into a Deferred Cash Compensation Account.

5.    Investment Tracking.

      5.1.  Except as provided in Sections 2.4 and 5.2 of this Plan, the value
            of each Participant's Deferred Cash Compensation Account and
            Matching Contribution Account shall be adjusted to reflect the
            simulated investment performance on a Total Return Basis using the
            Investment Tracking Funds described in Sections 6.2 and 6.3 selected
            by the Participant for purposes of such valuation in the Deferral
            Election, and those selected by the Participant in subsequent
            Reallocation Elections, on the same basis as if the value of such
            Deferred Compensation Accounts had been invested in such Investment
            Tracking Funds for such period(s) of time determined by the Deferral
            Election and any Reallocation Election until it is payable.

      5.2.  Except as provided in Section 2.4 of this Plan, the value of a
            Participant's Deferred Stock Compensation Account, and only the
            value of such Deferred Stock Compensation Account, shall be adjusted
            using the MetLife Deferred Shares Fund as provided in Section 6.1 of
            this Plan, on the same basis as if the Participant had invested in
            the number of shares of MetLife Stock constituting such deferred
            Stock Compensation (on a Total Return Basis) for such period(s) of
            time determined by the Deferral Election until it is payable.

      5.3.  The number of shares of MetLife Stock represented by cash payments
            under the Long Term Performance Compensation Plan deferred into a
            Deferred Stock Compensation Account pursuant to the terms of Section
            4.2(d) of this Plan shall be initially determined by dividing the
            amount of the cash payment deferred by the Fair Market Value of the
            MetLife Stock on the date such payment was granted to the
            Participant under the terms of the Long Term Performance
            Compensation Plan, and shall thereafter be subject to Investment
            Tracking on the same terms as the balance of the Deferred Stock
            Compensation Account under Section 5.2 of this Plan.

6.    Investment Tracking Funds. The methods of Investment Tracking described in
      this Section 6 shall be available for Deferral Elections and Reallocation
      Elections. If this Section 6 is amended, the Plan Administrator may
      require the Participant to make an appropriate change in the Participant's
      Investment Tracking or may unilaterally impose a method of Investment
      Tracking with regard to such parts of a Participant's Deferred
      Compensation Accounts affected by that amendment.

      6.1.  MetLife Deferred Shares Fund. Subject to Section 14.5 of this Plan,
            value tracked in the MetLife Deferred Shares Fund shall be accounted
            in number of tracking shares equal to the number of shares of
            MetLife Stock deferred and adjusted to simulate the effect of each
            and any of the following on the Stock Compensation had it been paid
            in MetLife Stock: (a) dividend; (b) stock dividend; (c) stock split;
            (d) MetLife, Inc.

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            recapitalization (including, but not limited, to the payment of an
            extraordinary dividend), (e) merger, consolidation, combination, or
            spin-off affecting MetLife, Inc. capitalization; (f) distribution of
            MetLife, Inc. assets to holders of MetLife Stock (other than
            ordinary cash dividends); (g) exchange of shares, or (h) other
            similar corporate change. Unless otherwise determined by the Plan
            Administrator, only the value of a Participant's Deferred Stock
            Compensation Account may be tracked in the MetLife Deferred Shares
            Fund.

      6.2.  Actively managed funds: Investment Tracking according to the changes
            in value of shares or units, as applicable, and simulated reinvested
            dividends and other distributions to share/accountholders in:

         6.2.1.   MetLife SIP Fixed Income Fund

         6.2.2.   Lord Abbett Bond Debenture Fund

         6.2.3.   Oakmark Fund (R)

         6.2.4.   MetLife SIP Small Company Stock Fund

         6.2.5.   Oakmark International Fund

      6.3.  Market index funds: Investment Tracking according to the changes in
            value of the:

         6.3.1.   S&P 500 (R) Index

         6.3.2.   Russell 2000 (R) Index

         6.3.3.   Nasdaq Composite (R) Index

         6.3.4.   MSCI-EAFE (R) Index

         6.3.5.   Lehman Brothers (R) Aggregate Bond Index

         6.3.6.   Merrill Lynch US High Yield Master II Index

         6.3.7.   MSCI Emerging Markets Index (sm)

7.    Reallocation Elections.

      7.1.  The Participant may change the Investment Tracking Funds used to
            adjust either (a) the value of new contributions to his/her Deferred
            Cash Compensation Account and credits to his/her Matching
            Contribution Account, from the date(s) Compensation is deferred
            rather than paid and any Matching Contributions are credited, as the
            case may be; and/or (b) the value of the Participant's existing
            Deferred Cash Compensation Account and Matching Contribution
            Account.

      7.2.  Unless otherwise determined by the Plan Administrator, a
            Reallocation Election shall be effective on the date it is received
            by the Plan Administrator, or on the following business day if it is
            received by the Plan Administrator at a time when the Plan
            Administrator determines it is not practicable or convenient to the
            operation of the Plan to apply such Reallocation Election on the
            date it is received. The number of Reallocation Elections by a
            Participant regarding each of items (a) and (b) of Section 7.1,
            respectively, shall not exceed six (6) in any calendar year.

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8.    Matching Contribution. If a Participant makes contributions to SIP
      throughout a calendar year, the Participant's Matching Contribution
      Account shall be credited with the amount of matching contributions (if
      any) with which the Participant's SIP account would have been credited
      under the terms and provisions of such plan, in each case with relation to
      deferred Compensation in that calendar year had the Compensation not been
      deferred. Notwithstanding the foregoing, no Matching Contributions shall
      be credited in favor of a Participant during the suspension of such
      Participant's deferrals pursuant to Section 4.6 of this Plan.

9.    Beneficiary Designation. The Plan Administrator shall prescribe the form
      by which each Eligible Associate and Participant may designate a
      beneficiary or beneficiaries (who may be named contingently or
      successively, and among whom payments received under this Plan may be
      split as indicated by the individual) for purposes of receiving payment of
      Deferred Compensation Accounts under this Plan after the death of such
      individual. Each designation will be effective only upon its receipt by
      the Plan Administrator during the life of the individual making the
      designation and shall revoke all prior beneficiary designations by that
      individual related to this Plan. Beneficiary designations submitted by an
      Eligible Associate or Participant pursuant to the terms of the MetLife
      Deferred Compensation Plan for Officers or MetLife Individual Business
      Special Deferred Compensation Plan during or prior to 2004 shall be
      effective for purposes of this Plan.

10.   Payment of Deferred Compensation Accounts.

      10.1. Amount. Except as provided in Section 2.4 of this Plan, the amount
            of payment(s) of each Deferred Compensation Account shall reflect
            the value of those Deferred Compensation Accounts through the date
            each payment of Deferred Compensation Accounts is payable, as
            adjusted for Investment Tracking. If payment of Deferred
            Compensation Accounts is to be made in installments, then (a) the
            amount of each installment payment from either a Deferred Cash
            Compensation Account and Matching Contribution Account will be
            determined by dividing the value of each of the Deferred
            Compensation Accounts at the time the payment is due by the
            remaining number of installments in which the Deferred Cash
            Compensation Account or Matching Contribution Account, respectively,
            is to be paid, and (b) the amount of each installment payment from a
            Deferred Stock Compensation Account will be determined by dividing
            the number of tracking shares (each equal to a share of MetLife
            Stock) in the Deferred Compensation Accounts at the time the payment
            is due by the remaining installments in which the Deferred Stock
            Compensation Account is to be paid, and disregarding any fraction of
            a tracking share remaining until the last such installment payment.

      10.2. Form. Except as provided in Section 14.5 of this Plan, payment of a
            Participant's Deferred Stock Compensation Account shall be made in
            the form of shares of MetLife Stock. The form of payment of all
            other Deferred Compensation Accounts shall be cash.

      10.3. Timing and Number of Payments.

         10.3.1.  If a Participant dies on any date prior to completion of all
                  payments from a Participant's Deferred Compensation Accounts,
                  the unpaid portions of the

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                  Participant's Deferred Compensation Accounts shall become
                  immediately payable in a lump sum.

         10.3.2.  If the date on which payment of a Participant's Deferred
                  Compensation Accounts is to begin, as specified in the
                  Participant's Deferral Election, occurs prior to the
                  Participant's Employment Discontinuance, then the
                  Participant's Deferred Compensation Accounts shall be payable
                  beginning on the date determined by the Participant's Deferral
                  Election and in the number of payments determined by the
                  Participant's Deferral Election; provided, however, that if
                  the Participant's Employment Discontinuance occurs prior to
                  the completion of all such payments, then all remaining
                  Deferred Compensation Accounts shall be immediately payable in
                  a lump sum (except that, in the case of a Key Employee, all
                  remaining Deferred Compensation Accounts shall be payable six
                  (6) months following Employment Discontinuance).

         10.3.3.  If the date on which payment of a Participant's Deferred
                  Compensation Accounts is to begin, as specified in the
                  Participant's Deferral Election, has not occurred prior to the
                  Participant's Employment Discontinuance, and Participant is
                  Retirement Eligible upon Employment Discontinuance (or upon
                  the conclusion of the Participant's receipt of severance
                  payments), then the Participant's Deferred Compensation
                  Accounts shall be payable beginning on the date determined by
                  the Participant's Deferral Election and in the number of
                  payments determined by the Participant's Deferral Election
                  (except that, in the case of a Key Employee who specified
                  payment upon termination of employment when Retirement
                  Eligible, payment of Deferred Compensation Accounts shall be
                  payable six (6) months following Employment Discontinuance).

         10.3.4.  If the date on which payment of a Participant's Deferred
                  Compensation Accounts is to begin, as specified in the
                  Participant's Deferral Election, has not yet occurred prior to
                  the Participant's Employment Discontinuance, and the
                  Participant (a) is not Retirement Eligible upon Employment
                  Discontinuance; (b) is, at Employment Discontinuance, eligible
                  to participate in a severance plan offered by a MetLife
                  Company; and (c) either will be deemed to be Retirement
                  Eligible upon attaining age 55 or whose benefit under the
                  Retirement Plan is otherwise determined with reference to the
                  reduction factors for commencing benefit payments prior to
                  normal retirement age applicable to Retirement Plan
                  participants with twenty (20) or more years of service, then
                  the Participant's Deferred Compensation Accounts shall be
                  payable and in the number of payments determined by the
                  Participant's Deferral Election beginning on the date
                  determined by the Participant's Deferral Election; provided,
                  however, that if the Participant's Deferral Election specified
                  payment upon termination of employment when Retirement
                  Eligible then the Participant's Deferred Compensation Accounts
                  shall be payable upon the Participant's Employment
                  Discontinuance (except that, in the case of a Key Employee,
                  all Deferred Compensation Accounts shall be payable six (6)
                  months following Employment Discontinuance).

         10.3.5.  If the date on which payment of a Participant's Deferred
                  Compensation Accounts is to begin, as specified in the
                  Participant's Deferral Election, has not occurred prior to the
                  Participant's Employment Discontinuance, and neither Sections
                  10.3.3

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                  nor 10.3.4 applies to the Participant, then the Participant's
                  Deferred Compensation Accounts shall be payable in a lump sum
                  upon the Participant's Employment Discontinuance,
                  notwithstanding the Participant's Deferral Election (except
                  that, in the case of a Key Employee, all Deferred Compensation
                  Accounts shall be payable six (6) months following Employment
                  Discontinuance).

         10.3.6.  If, consistent with the terms of Section 10 other than this
                  Section 10.3.6, the Participant's Deferral Election applies to
                  Cash Incentive Compensation or Stock Compensation payable
                  after the Participant's Employment Discontinuance, then the
                  Participant's Deferred Compensation Accounts shall be payable
                  beginning on the date determined by the Participant's Deferral
                  Election and in the number of payments determined by the
                  Participant's Deferral Election.

         10.3.7.  Notwithstanding any of the other terms of this Section 10.3,
                  distribution of amounts from a Participant's Matching
                  Contribution Account shall not be made beginning on any date
                  earlier than the date on which payments of Matching
                  Contributions could have been payable under the terms of SIP.
                  To the extent that the Participant's Matching Contribution
                  Account is not payable on the earliest date(s) that the
                  Participant's other Deferred Compensation Accounts become
                  payable, in each case by virtue of this Section 10.3.7, the
                  Matching Contribution Account shall be paid in a lump sum.

         10.3.8.  Notwithstanding any of the other terms of this Section 10.3,
                  except Section 10.3.7, to the extent a Participant's Deferred
                  Compensation Accounts are payable pursuant to Section 12,
                  Section 13, or Section 14 of this Plan, payment shall be made
                  in a single lump sum.

         10.3.9.  Notwithstanding any of the other terms of this Section 10.3,
                  if a Participant's Deferred Compensation Accounts are
                  otherwise payable upon Employment Discontinuance (or, in the
                  case of a Key Employee, the date six (6) months following
                  Employment Discontinuance), but as of that date the
                  Participant has been offered severance pay, then the
                  Participant's Deferred Compensation Accounts shall be payable
                  upon the later of (x) the Participant's date of Employment
                  Discontinuance (in the case of a Key Employee, the date six
                  (6) months following Employment Discontinuance) and (y) the
                  date the final severance payment is made to the Participant by
                  a MetLife Company or an Affiliate. Notwithstanding the
                  foregoing, if this Section 10.3.9 applies, the Plan
                  Administrator may, in its sole discretion, determine that the
                  Deferred Compensation Accounts are payable on any date after
                  the Participant's date of Employment Discontinuance (in the
                  case of a Key Employee, the date six (6) months following
                  Employment Discontinuance).

         10.3.10. Payment(s) of a Participant's Deferred Compensation Accounts
                  shall be made as soon as practicable after they are payable,
                  as determined by the Plan Administrator.

         10.3.11. Notwithstanding any other terms of this Plan, no payment of
                  any Deferred Compensation Account shall be made at a time
                  inconsistent with Legal Deferral Requirements.

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      10.4. To Whom Paid. Except as otherwise provided in this Section 10.4 of
            this Plan, all payments of a Participant's Deferred Compensation
            Accounts will be made to the Participant. If a Participant dies on
            any date prior to the date of the completion of all such payments,
            all unpaid value in the Participant's Deferred Compensation Accounts
            shall be paid to the beneficiary designated for that purpose by the
            Participant. If the Participant's designated beneficiary has not
            survived the Participant, or the Participant has designated no
            beneficiary for purposes of this Plan, such payment will be made to
            the Participant's surviving spouse, if any, or if the Participant
            has no surviving spouse to the Participant's estate.

      10.5. Withholding. Withholding of taxes and other items required by law
            shall be made from each payment of a Participant's Deferred
            Compensation Account or from other payments due to the Participant
            from MetLife, Inc., any MetLife Company, or any Affiliate.

11.   Loans and Assignments. The Plan shall make no loan, including any loan on
      account of any Deferred Compensation Account, to any Participant or any
      other person nor permit any Deferred Compensation Account to serve as the
      basis or security for any loan to any Participant or any other person. No
      Participant or any other person may sell, assign, transfer, pledge,
      commute, or encumber any Deferred Compensation Account or any other rights
      under this Plan.

12.   Hardship Accommodations.

      12.1. Upon the written request of an Eligible Associate or Participant,
            the Plan Administrator may, in its sole discretion and in light of
            any facts or considerations it deems appropriate, find that the
            Eligible Associate or Participant has suffered an Unforeseeable
            Emergency. In light of such a finding, the Plan Administrator may,
            to the extent the Plan Administrator determines necessary for the
            Eligible Associate or Participant to address the Unforeseeable
            Emergency, (a) suspend the deferral of receipt of Compensation by
            the Eligible Associate or Participant pursuant to a Deferral
            Election; and/or (b) to the extent the Plan Administrator finds, in
            its sole discretion, that such a suspension of deferral is
            insufficient to address the Participant's Unforeseeable Emergency,
            make payment of all or a portion of the Participant's Deferred
            Compensation Accounts. The Plan Administrator shall provide the
            Eligible Associate or Participant with written notice of its
            determinations in response to the Eligible Associate's or
            Participant's request.

      12.2. The total amount of deferrals suspended or payment advanced shall
            not exceed the amount necessary to satisfy the financial
            consequences of the Unforeseeable Emergency and amounts equal to the
            withholding required by Section 10.5, and shall not exceed the total
            value of the Deferred Compensation Accounts under the Plan. No
            accommodation pursuant to this Section 12 shall be implemented in
            manner or at a time when prohibited or punishable by any applicable
            MetLife Company policy or law, including but not limited to law
            regarding trading of securities on inside information and the
            exemptions therefrom.

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      12.3. If the Eligible Associate or Participant participates in any other
            deferred compensation plan by virtue of employment with any MetLife
            Company, the Plan Administrator may coordinate the operation of this
            Section 12 with the operation or similar provisions of any such
            other plan, including but not limited to reducing the value of
            deferrals in ascending order of the value of deferrals in each plan
            beginning with the plan in which the individual's deferrals have the
            lowest value.

      12.4. In the event that a payment from the Participant's Deferred
            Compensation Accounts is made pursuant to this Section 12, (a) the
            value of the Participant's Deferred Cash Compensation Account shall
            be reduced, and (b) if the reduction in the value of the
            Participant's Deferred Cash Compensation Account is less than the
            payment made, the Plan Administrator may in its sole discretion
            reduce the value of the Participant's Matching Contribution Account
            and/or Deferred Stock Compensation Account, in amounts determined by
            the Plan Administrator in its discretion, equal to a total reduction
            equal to the difference between the payments made and the value by
            which the Participant's Deferred Cash Compensation Account was
            reduced.

      12.5. To the extent that the value of the Participant's Deferred Cash
            Compensation Account or Matching Contribution Account is reduced,
            the value tracked according to each Investment Tracking Fund shall
            be reduced proportionate to the total value of the Deferred Cash
            Compensation Account or Matching Contribution Account, respectively,
            being tracked in that Investment Tracking Fund.

13.   Unilateral Payment. In those circumstances permitted by law consistent
      with Legal Deferral Requirements, the Plan Administrator may, in its
      discretion, and regardless of the Participant's wishes, pay a Participant
      the value of the Participant's Deferred Compensation Accounts in whole or
      in part. No payment pursuant to this Section 13 shall be made in manner or
      at a time when prohibited or punishable by any applicable MetLife Company
      policy or law, including but not limited to law regarding trading of
      securities on inside information and the exemptions therefrom.

14.   Change of Control.

      14.1. The Plan Administrator shall transmit to each Eligible Associate
            communications and documents necessary for each Participant to
            complete a Change of Control Election applicable to the
            Participant's Deferred Compensation Accounts.

      14.2. Each Change of Control Election shall indicate whether the
            Participant wishes payment of Deferred Compensation Accounts to be
            made under the circumstances described in Section 14.4 of this Plan.

      14.3. Upon the occurrence of a Change of Control, Section 2.3 of this Plan
            shall no longer be applicable to any rights, including accrued
            Deferred Compensation Accounts, existing in favor of any Participant
            as of the date before the Change of Control.

      14.4. A Deferred Compensation Account shall be due to the Participant
            having elected such payment upon the occurrence of:

         14.4.1.  a Change of Control; and

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<PAGE>

         14.4.2.  the Participant's Employment Discontinuance:

            14.4.2.1.   on or after the Change of Control;

            14.4.2.2.   before the second anniversary of the Change of Control;

            14.4.2.3.   on or after the first anniversary of the date of the
                        Participant's Change of Control Election; and

            14.4.2.4.   prior to the last anniversary before the date the
                        Participant indicated the Participant wished payment of
                        that Deferred Compensation Account to begin (where the
                        Participant indicated a specific date rather than
                        Employment Discontinuance when Retirement Eligible).

      14.5. If payment is due to a Participant pursuant to this Section 14, such
            payment will be due in a lump sum immediately, except that in the
            case of a Key Employee such payment will be made six (6) months
            following Employment Discontinuance.

      14.6. Upon a Change of Control, the value of a Participant's Deferred
            Stock Compensation Account shall immediately be determined using the
            Change of Control Value price of MetLife Stock on the date of the
            Change of Control. Thereafter, in the event that Section 14.4 does
            not apply to the Participant's Deferred Stock Compensation Account,
            the value of the Participant's Deferred Stock Compensation Account
            shall be adjusted, and the form of payment of the Deferred Stock
            Compensation Account shall be in a form, each as determined prior to
            the Change of Control by the Plan Administrator on a basis the Plan
            Administrator determines is reasonable in light of the Change of
            Control. If the Plan Administrator makes no determination pursuant
            to the foregoing prior to the Change of Control, after a Change of
            Control the value of the Participant's Deferred Stock Compensation
            Account shall be adjusted, and the form of payment of the Deferred
            Stock Compensation Account shall be in a form, each on a basis as is
            selected by the Participant from among the same alternatives
            available at the time to the Participant with regard to the Deferred
            Cash Compensation Account.

15.   Nature of Liability. All Deferred Compensation Accounts accrued under this
      Plan are unsecured obligations of MetLife, Inc. and any successor thereto,
      and are neither obligations, debts, nor liabilities of any other entity or
      party. This Plan and the liabilities created hereunder are unfunded.
      Investment Tracking, any other means for adjusting the value of Deferred
      Compensation Accounts, and any communication or documentation regarding
      this Plan or any Participant's Deferred Compensation Accounts are for
      recordkeeping purposes only and do not create any right, property,
      security, or interest in any assets of MetLife, Inc. or any other party.
      All Deferred Compensation Accounts accrued under this Plan are subject to
      the claims of general creditors of MetLife, Inc. Notwithstanding the
      foregoing, if any MetLife Company employing a Participant ceases to be an
      Affiliate, the Plan Administrator may determine on or before the date of
      the transaction in which the MetLife Company ceased to be an Affiliate (or
      afterward, with the consent of an officer of MetLife, Inc.), that the
      liabilities associated with some or all of the employees of that MetLife
      Company who are

                                       11
<PAGE>

      Participants shall transfer from MetLife, Inc. to that MetLife Company as
      of the date that MetLife Company ceases or ceased to be an Affiliate.

16.   No Guarantee of Employment; No Limitation on Employer Action. Nothing in
      this Plan shall interfere with or limit in any way the right of any
      employer to establish the terms and conditions of employment of any
      individual, including but not limited to compensation and benefits, or to
      terminate the employment of any individual, nor confer on any individual
      the right to continue in the employ of any employer. Nothing in this Plan
      shall limit the right of any employer to establish any other compensation
      or benefit plan. No Deferred Compensation Account shall be treated as
      compensation for purposes of a Participant's right under any other plan,
      policy, or program, except as stated or provided in such plan, policy, or
      program. Nothing in this Plan shall be construed to limit, impair, or
      otherwise affect the right of any entity to make adjustments,
      reorganizations, or changes to its capital or business structure, or to
      merge, consolidate, dissolve, liquidate, sell, or transfer all or any part
      of its business or assets.

17.   Term of Plan. This Plan shall be effective with regard to salary and Cash
      Incentive Compensation payable on and after January 1, 2005 and with
      regard to Stock Compensation payable on and after April 15, 2005, if and
      as approved by the Board of Directors of MetLife, Inc., and shall continue
      in effect unless and until it is terminated pursuant to its terms. The
      Plan Administrator may solicit and receive Deferral Elections prior to the
      dates this Plan is effective.

18.   Governing Law. The Plan shall be construed in accordance with and governed
      by New York law, without regard to principles of conflict of laws.

19.   Entire Plan; Third Party Beneficiaries. This Plan document is the entire
      expression of the Plan, and no other oral or written communication, other
      than documents authorized under this Plan and fulfilling its express
      terms, shall determine the terms of the Plan or the terms of any agreement
      between an Eligible Associate or Participant and a MetLife Company with
      regard to the Plan or Deferred Compensation Accounts. There are no third
      party beneficiaries to this Plan, other than Participants' respective
      beneficiaries designated under the terms of this Plan.

20.   Amendment and Termination. Except to the extent otherwise required by law,
      the Plan Administrator may amend, modify, suspend, or terminate this Plan
      at any time. Any such amendment or termination will not reduce the amount
      in Deferred Compensation Accounts accrued under this Plan prior to the
      execution of such amendment or termination. For further clarification,
      except as stated in the sentence above (or as provided in Section 14),
      amendments may otherwise be made to any and all provisions of the Plan,
      including but not limited to amendments affecting the time of distribution
      of Deferred Compensation Accounts, affecting forms of distribution of
      Deferred Compensation Accounts, or affecting any of the Investment
      Tracking Funds or any other means for adjusting the value of Deferred
      Compensation Accounts.

21.   Qualified Domestic Relations Orders. The Plan Administrator will
      distribute, designate, or otherwise recognize the attachment of any
      portion of a Participant's Deferred Compensation

                                       12
<PAGE>

      Accounts in favor of the Participant's spouse, former spouse or dependents
      to the extent such action is mandated by the terms of a qualified domestic
      relations order as defined in Section 414(p) of the Code.

22.   Definitions. Capitalized terms in this Plan, and their forms, shall have
      the following meanings:

      22.1. "Affiliate" shall mean any corporation, partnership, limited
            liability company, trust or other entity which directly, or
            indirectly through one or more intermediaries, controls, or is
            controlled by, MetLife, Inc.

      22.2. "Cash Incentive Compensation" shall mean compensation payable in the
            form of cash under the MetLife Annual Variable Incentive
            Compensation Plan, the Institutional Regional Executive Plan, the
            International Long Term Performance Compensation Plan, the Long Term
            Performance Compensation Plan (and, in the case of each incentive
            compensation plan, any successor plan(s)), or payments of the nature
            of incentive compensation to an 090 Employee, but (for greater
            clarity) shall not include any payments in lieu of compensation
            payable under any such plans contingent on a separation agreement,
            release, or similar agreement.

      22.3. "Change of Control" shall mean the occurrence of any of:

         22.3.1.  any Person acquires "beneficial ownership" (within the meaning
                  of Rule 13d-3 under the Securities Exchange Act of 1934, as
                  amended ("Exchange Act")), directly or indirectly, of
                  securities of MetLife, Inc. representing 25% or more of the
                  combined Voting Power of MetLife, Inc.'s securities;

         22.3.2.  within any 24-month period, the persons who were directors of
                  MetLife, Inc. at the beginning of such period (the "Incumbent
                  Directors") shall cease to constitute at least a majority of
                  the Board of Directors of MetLife, Inc. (the "Board") or the
                  board of directors of any successor to MetLife, Inc.;
                  provided, however, that any director elected or nominated for
                  election to the Board by a majority of the Incumbent Directors
                  then still in office shall be deemed to be an Incumbent
                  Director for purposes of this subsection 22.3.2;

         22.3.3.  the stockholders of MetLife, Inc. approve a merger,
                  consolidation, share exchange, division, sale or other
                  disposition of all or substantially all of the assets of
                  MetLife, Inc. which is consummated (a "Corporate Event"), and
                  immediately following the consummation of which the
                  stockholders of MetLife, Inc. immediately prior to such
                  Corporate Event do not hold, directly or indirectly, a
                  majority of the Voting Power of (1) in the case of a merger or
                  consolidation, the surviving or resulting corporation, (2) in
                  the case of a share exchange, the acquiring corporation, or
                  (3) in the case of a division or a sale or other disposition
                  of assets, each surviving, resulting or acquiring corporation
                  which, immediately following the relevant Corporate Event,
                  holds more than 25% of the consolidated assets of the MetLife,
                  Inc. immediately prior to such Corporate Event; or

         22.3.4.  any other event occurs which the Board declares to be a Change
                  of Control.

                                       13
<PAGE>

      22.4. "Change of Control Election" shall mean a written document executed
            by the Eligible Associate specifying the Eligible Associate's
            instructions regarding the matters addressed by Section 14.4 of this
            Plan.

      22.5. "Change of Control Value" shall mean the highest price per share of
            MetLife Stock offered in conjunction with any transaction resulting
            in a Change of Control (as determined in good faith by the Plan
            Administrator if any part of the offered price is payable other than
            in cash) or, in the case of a Change of Control occurring solely by
            reason of a change in the composition of the Board of Directors of
            MetLife, Inc., the highest Closing Value of the MetLife Stock on any
            of the 30 trading days immediately preceding the date on which a
            Change of Control occurs. For this purpose, the "Closing Value"
            shall mean, on any date, the closing prices of MetLife Stock as
            reported in the principal consolidated transaction reporting system
            for the New York Stock Exchange (or on such other recognized
            quotation system on which the trading prices of MetLife Stock are
            quoted at the relevant time) on such date, and in the event that
            there are no MetLife Stock transactions reported on such tape (or
            such other system) on such date, Closing Value shall mean the
            closing price on the immediately preceding date on which MetLife
            Stock transactions were so reported.

      22.6. "Code" shall mean the Internal Revenue Code of the United States.

      22.7. "Compensation" shall mean salary, Cash Incentive Compensation, and
            Stock Compensation payable by MetLife, Inc. or an Affiliate.

      22.8. "Deferral Election" shall mean a written document executed by the
            Eligible Associate specifying the Eligible Associate's instructions
            regarding the matters addressed by Section 4 of this Plan.

      22.9. "Deferred Cash Compensation Account" shall mean a record-keeping
            account established for the benefit of a Participant in which is
            credited Compensation otherwise payable in cash to a Participant,
            but accounted for to the credit of the Participant under the terms
            of this Plan rather than paid to the Participant as and when
            originally earned.

     22.10. "Deferred Compensation Account" shall mean a Deferred Cash
            Compensation Account, Deferred Stock Compensation Account, or
            Matching Contribution Account (and, when used in the plural, all
            such Deferred Compensation Accounts to the credit of a Participant
            under the terms of this Plan). The value of each Deferred
            Compensation Account shall be adjusted as provided in this Plan.

     22.11. "Deferred Stock Compensation Account" shall mean a record-keeping
            account established for the benefit of a Participant in which is
            credited Compensation either (a) otherwise payable in MetLife Stock
            to a Participant, or (b) otherwise payable in cash as an award under
            the Long Term Performance Compensation Plan, but which the
            Participant has elected to defer in a Deferred Stock Compensation
            Account under Section 4.2(d) of this Plan, but accounted for to the
            credit of the Participant under the terms of this Plan rather than
            paid to the Participant as and when originally earned.

     22.12. "Eligible Associate" shall mean (a) an individual in his or her
            first calendar year as an Officer or 090 Employee who is selected by
            the Plan Administrator for eligibility and has been so notified; and
            (b) an individual in his or her second or later calendar year

                                       14
<PAGE>

            as an Office or 090 Employee, at such times that Officer or 090
            Employee is eligible to participate in this Plan as provided in
            Section 3 of this Plan.

     22.13. "Employment Discontinuance" shall mean the termination of
            employment with a MetLife Company or an Affiliate, other than in
            connection with the transfer of employment to another MetLife
            Company or any Affiliate.

     22.14. "Fair Market Value" shall mean, on any date, the closing price of
            MetLife Stock as reported in the principal consolidated transaction
            reporting system for the New York Stock Exchange (or on such other
            recognized quotation system on which the trading prices of MetLife
            Stock are quoted at the relevant time) on such date. In the event
            that there are no MetLife Stock transactions reported on such tape
            (or such other system) on such date, Fair Market Value shall mean
            the closing price on the immediately preceding date on which MetLife
            Stock transactions were so reported.

     22.15. "Investment Tracking" shall mean the adjustment of value to reflect
            simulated investment performance.

     22.16. "Investment Tracking Funds" shall mean those funds and vehicles
            described in Section 6 of this Plan.

     22.17. "Key Employee" shall mean an employee subject to Code Section
            416(i), as determined by the Plan Administrator.

     22.18. "Legal Deferral Requirements" shall mean requirements under law,
            including but not limited to those under Code Section 409A, for
            effective and valid deferral of taxation of income.

     22.19. "Matching Contributions" shall mean the matching contributions
            described in Section 8 of this Plan.

     22.20. "Matching Contribution Account" shall mean a record-keeping account
            established for the benefit of a Participant in which is credited
            Matching Contributions.

     22.21. "MetLife Companies" shall mean MetLife Group, Inc.; Metropolitan
            Property and Casualty Insurance Company; MetLife Securities, Inc.;
            MetLife Bank, National Association; and Edison Supply and
            Distribution, Inc.

     22.22. "MetLife Stock" shall mean shares of common stock of MetLife, Inc.

     22.23. "Officer" shall mean each individual who is employed by a MetLife
            Company paid from the United States in United States currency and is
            either (a) an officer of any one or more MetLife Companies; (b) an
            employee of any MetLife Company in the same or an equivalent
            compensation grade level as officers of that MetLife Company; or (c)
            an employee of any MetLife Company who is eligible under the terms
            of the Long Term Performance Compensation Plan or the International
            Long Term Performance Compensation Plan, notwithstanding the
            individuals' Employment Discontinuance, for future payment under
            either such plan.

     22.24. "Participant" shall mean each Eligible Associate who has had
            compensation deferred by operation of a deferral election under this
            Plan.

     22.25. "Person" shall have the meaning ascribed to such term in Section
            3(a)(9) of the Exchange Act, as supplemented by Section 13(d)(3) of
            the Exchange Act, and shall

                                       15
<PAGE>

            include any group (within the meaning of Rule 13d-5(b) under the
            Exchange Act); provided, however, that "Person" shall not include
            (i) MetLife, Inc. or any Affiliate of MetLife, Inc., (ii) the
            MetLife Policyholder Trust (and any person(s) who would otherwise be
            described herein solely by reason of having the power to control the
            voting of the shares held by that trust), or (iii) any employee
            benefit plan (including an employee stock ownership plan) sponsored
            by MetLife, Inc. or any Affiliate of MetLife, Inc.

     22.26. "Plan" shall mean this MetLife Leadership Deferred Compensation
            Plan.

     22.27. "Plan Administrator" shall mean the Plan Administrator of the
            Retirement Plan, including any person to whom such office has been
            delegated consistent with the Retirement Plan.

     22.28. "Reallocation Election" shall mean a written document executed by
            the Participant specifying the Participant's instructions regarding
            the matters addressed by Section 7 of this Plan.

     22.29. "Retirement Eligible" shall mean: (a) if the Participant
            participates in the Retirement Plan, the Participant has met the age
            and service criteria necessary to begin receiving pension payments
            under the "traditional formula" in the Retirement Plan immediately
            upon terminating service (regardless of whether the Participant is
            actually eligible to receive "traditional formula" pension
            payments), and (b) if the Participant participates in any other
            retirement plan offered by a MetLife Company or any Affiliate, the
            Participant has met the age and service criteria necessary to begin
            receiving pension payments immediately upon terminating service.

     22.30. "Retirement Plan" shall mean the Metropolitan Life Retirement Plan
            for United States Employees.

     22.31. "SIP" shall mean each and all of the Savings and Investment Plan
            for Employees of Metropolitan Life and Participating Affiliates, the
            Metropolitan Life Auxiliary Savings and Investment Plan, and the
            Metropolitan Life Supplemental Auxiliary Savings and Investment Plan
            (and/or any successor plan(s)).

     22.32. "Stock Compensation" shall mean compensation payable in the form of
            shares of MetLife Stock, including awards in that form under the
            Long Term Performance Compensation Plan.

     22.33. "Total Return" shall mean the change (plus or minus) in price or
            value, plus dividends (if any) on a reinvested basis, during the
            applicable period, as determined by the Plan Administrator according
            to such measures as it determines in its discretion.

     22.34. "Unforeseeable Emergency" shall mean severe financial hardship to
            the Participant resulting from a sudden and unexpected illness or
            accident of the Participant or a dependent of the Participant, loss
            of the Participant's property due to casualty, or other similar
            extraordinary and unforeseeable circumstances arising as a result of
            events beyond the control of the Participant, in any case that is
            not or can not be relieved by the Participant through reimbursement
            or compensation by insurance or otherwise, liquidation of the
            Participant's assets (to the extent such liquidation would not
            itself cause severe financial hardship), and in any case solely to
            the extent

                                       16
<PAGE>

            consistent with the grounds for action by the Plan Administrator
            under Section 12 of the Plan consistent with Legal Deferral
            Requirements.

     22.35. "Voting Power" shall mean such number of Voting Securities as shall
            enable the holders thereof to cast all the votes which could be cast
            in an annual election of directors of a company.

     22.36. "Voting Securities" shall mean all securities entitling the holders
            thereof to vote in an annual election of directors of a company.

     22.37. "090 Employee" shall mean each individual who is employed by a
            MetLife Company paid from the United States in United States
            currency, who is either (a) classified by the individual's employer
            in compensation grade 090 and earned two-hundred thousand dollars
            ($200,000) in annual total cash compensation benefitable under the
            terms of SIP for the twelve (12) months immediately preceding
            October 1 of the year prior to the year subject to the Deferral
            Election or in such twelve (12) month period otherwise designated by
            the Plan Administrator; (b) serving in the first calendar year in
            compensation grade 090, and found by the Plan Administrator in its
            discretion to have earned two-hundred thousand dollars ($200,000) in
            compensation from any or all employers or principals in the prior
            calendar year (or in the second prior calendar year, should the Plan
            Administrator anticipate or determine that information on the
            individual's earnings in the prior calendar year that the Plan
            Administrator would find sufficiently reliable is not available);
            (c) an employee of any MetLife Company who was formerly a
            participant in the GenAmerica Executive Deferred Savings Plan,
            deferred compensation under that plan, and has submitted a Deferral
            Election under this Plan for each year the individual was otherwise
            eligible to do so under this Plan; or (d) deemed to be an 090
            Employee by the Plan Administrator in its discretion.

                                       17
<PAGE>

IN WITNESS WHEREOF, pursuant to authorization of the Board of Directors of
MetLife, Inc., this MetLife Leadership Deferred Compensation Plan is approved.

__________________________________________________________

Date: ____________________________

Witness: _________________________________________________

                                       18
<PAGE>

The Plan Administrator hereby suspends the accrual of new deferred compensation
under the MetLife Deferred Compensation Plan for Officers, effective January 1,
2005. This suspension shall not affect Investment Tracking of deferrals accrued
prior to January 1, 2005.

PLAN ADMINISTRATOR

_________________________________________________________

Date: ____________________________

Witness: ________________________________________________