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                                                                    Exhibit 10.3

                 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

               (as amended and restated 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, a select group of highly compensated employees within the
     meaning of Sections 201(2) and 301(a)(3) of ERISA, 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 the date of deferral. The Plan is
     intended to be maintained in compliance with Legal Deferral Requirements
     and requirements for the registration of debt incurred by MetLife, Inc.
     under the Plan with the Securities and Exchange Commission on a form S-8.

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 Affiliates, 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 19 of this Plan, the Plan
          Administrator may, in its 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.

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     2.6. The Plan Administrator may appoint such agents, who may be officers or
          employees of an Affiliate, 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
          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 Affiliates.

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 on and after January 1,
          2005 and 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

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          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; (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, 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 Plan; (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 Affiliate shall be deferred under this Plan.

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     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 defer into a Deferred Stock Compensation
          Account under Section 4.2(d) of this Plan 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.

     4.8. For purposes of applicable determinations pursuant to Legal Deferral
          Requirements, to the extent any Deferred Compensation Account is to be
          paid in annual installments, such payments shall constitute a single
          payment.

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 Section 6 of this Plan, 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 under the Plan until they are paid. To the extent permitted
          by the Plan Administrator, each Participant may select from among the
          Investment Tracking Funds for purposes of such valuation in the
          Participant's Deferral Election and Reallocation Elections.

     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 paid.

     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
     or determined under this Section 6 shall be available for Deferral
     Elections and Reallocation Elections. To the extent the methods of
     Investment Tracking are changed, or otherwise as the Plan Administrator
     determines in its discretion, 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.

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     6.1. MetLife Deferred Shares Fund. 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. 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. Other Investment Tracking Funds. Except as provided in Section 6.1,
          the Plan Administrator shall determine in its discretion any method(s)
          of Investment Tracking that will be available from time to time.

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 Adminstrator 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 of this Plan, respectively, shall not
          exceed six (6) in any calendar year; PROVIDED, HOWEVER, that the
          number of such Reallocation Elections submitted by a Participant on a
          single day shall be aggregated as a single election for purposes of
          the limit expressed in this sentence.

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, and among whom payments
     received under this Plan may be split as indicated by the individual) for
     purposes of receiving payment of Deferred Compensation

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

             10.3.2. If the date on which payment of any 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 amounts remaining in the Participant's
                     Deferred Compensation Accounts shall be immediately payable
                     in a lump sum (except that, in the case of a Key Employee,
                     all remaining amounts in the Deferred

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                     Compensation Account shall be payable six (6) months
                     following Employment Discontinuance).

             10.3.3. If the date on which payment of any 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 , 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 the
                     Deferred Compensation Account shall be payable six (6)
                     months following Employment Discontinuance).

             10.3.4. If the date on which payment of any 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 an Affiliate; and (c) either will be deemed to
                     be Retirement Eligible upon attaining age 55 after
                     Employment Discontinuance 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 Account 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 Account shall be payable upon the
                     Participant's Employment Discontinuance (except that, in
                     the case of a Key Employee, all remaining amounts in the
                     Deferred Compensation Account shall be payable six (6)
                     months following Employment Discontinuance).

             10.3.5. If the date on which payment of a any of a Participant's
                     Deferred Compensation Account 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 nor 10.3.4 of this Plan applies to the
                     Participant, then the Participant's Deferred Compensation
                     Account 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 remaining amounts in the
                     Deferred Compensation Account shall be payable six (6)
                     months following Employment Discontinuance).

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

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                     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 of this Plan, to the extent any
                     of the Participant's Deferred Compensation Accounts are
                     payable pursuant to Sections 12 or 13 of this Plan, payment
                     shall be made in a single lump sum.

             10.3.9. Payment(s) of a Participant's Deferred Compensation
                     Account shall be made on the earlier of the date payable or
                     after any delays in payment required under Legal Deferral
                     Requirements have passed as determined by the Plan
                     Administrator in its discretion. In no event shall MetLife,
                     Inc., any Affiliate, or the Plan have any liability to
                     anyone on account of payment being made later than the date
                     payable due to administrative considerations or otherwise.

            10.3.10. 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.

       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 estate.

       10.5.  Withholding and Effect of Taxes. Payments under this Plan will be
              made after the withholding of any Federal, state, or local income,
              employment or other taxes legally obligated to be withheld, as
              determined by the Plan Administrator in its discretion. All tax
              liabilities arising out of deferrals under this Plan shall be the
              sole obligation of the Participant or his/her beneficiary,
              including but not limited to any tax liabilities arising out of
              Legal Deferral Requirements. Withholding of any taxes or other
              items required by law may be made from each payment of a
              Participant's Deferred Compensation Account or from other payments
              due to the Participant from any Affiliate to the extent consistent
              with law.

11.  NO 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

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     Participant or any other person. Except as provided in Section 20 of this
     Plan, 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 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 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 of this Plan, 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 Affiliate policy or law, including
              but not limited to law regarding trading of securities on inside
              information and the exemptions therefrom.

       12.3.  If the Eligible Associate or Participant participates in any other
              deferred compensation plan by virtue of employment with any
              Affiliate, 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 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.

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       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 CONSISTENT WITH LAW. 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
     Affiliate policy or law, including but not limited to law regarding trading
     of securities on inside information and the exemptions therefrom.

14.  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 or communicating 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 Affiliate employing a Participant
     ceases to be an Affiliate, the Plan Administrator may determine on or
     before the date of the transaction in which the Affiliate 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
     Affiliate who are Participants shall transfer from MetLife, Inc. to that
     MetLife Company as of the date that Affiliate ceases or ceased to be an
     Affiliate. Although the Plan is intended to be designed and administered in
     complete accordance with Legal Deferral Requirements, in no event shall
     MetLife, Inc., any Affiliate, or the Plan have any liability to anyone for
     any taxes, penalties, or other losses on account of the Plan or its
     administration failing to comply with Legal Deferral Requirements.

15.  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.

                                       10

<PAGE>

16.  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, 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 and any amended and restated terms and any amendment to
     the Plan are effective.

17.  GOVERNING LAW. The Plan shall be construed in accordance with and governed
     by New York law, without regard to principles of conflict of laws.

18.  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 an Affiliate 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.

19.  AMENDMENT AND TERMINATION CONSISTENT WITH LAW. To the extent permissible
     under law, including Legal Deferral Requirements, 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
     otherwise provided in this Section 19, 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.

20.  QUALIFIED DOMESTIC RELATIONS ORDERS. The Plan Administrator will
     distribute, designate, or otherwise recognize the attachment of any portion
     of a Participant's Deferred Compensation 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, and otherwise as determined by this Plan.

21.  CLAIMS. Claims for benefits and appeals of denied claims under the Plan
     shall be administered in accordance with Section 503 of ERISA, regulations
     thereunder (and any other law that amends, supplements, or supersedes said
     section of ERISA), and any procedures adopted by the Plan Administrator.
     The claims procedures referenced above are incorporated in this Plan by
     this reference.

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.

                                       11

<PAGE>

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

       22.4.  "Compensation" shall mean salary, Cash Incentive Compensation, and
              Stock Compensation payable by MetLife, Inc. or a MetLife Company.

       22.5.  "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.

       22.6.  "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.

       22.7.  "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.

       22.8.  "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.

       22.9.  "Eligible Associate" shall mean (a) an individual to whom an offer
              of employment as an Officer or 090 Employee has been made, who is
              selected by the Plan Administrator for eligibility and has been so
              notified; (b) 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 (c) an
              individual in his or her second or later calendar year 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.

       22.10. "Employment Discontinuance" shall mean the termination of
              employment with an Affiliate, other than in connection with the
              transfer of employment to another Affiliate, or such other date as
              required to comply with Legal Deferral Requirements.

                                       12

<PAGE>

       22.11. "ERISA" shall mean the Employee Retirement Income Security Act of
              1974, as amended from time to time.

       22.12. "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.

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

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

       22.15. "Key Employee" shall mean at any given time, an employee subject
              to Code Section 416(i) as of August 31 of the prior calendar year
              as determined by the Plan Administrator.

       22.16. "Legal Deferral Requirements" shall mean requirements under law to
              achieve deferral of income taxation, including but not limited to
              Code Section 409A and any regulations promulgated thereunder.

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

       22.18. "Matching Contribution Account" shall mean a record-keeping
              account established for the benefit of a Participant in which is
              credited Matching Contributions and Pre-2005 Unvested Matching
              Contributions.

       22.19. "MetLife Common Stock Fund" shall mean Fair Market Value, plus the
              value of reinvested dividends payable on MetLife Stock.

       22.20. "MetLife Companies" shall mean MetLife Group, Inc.; Metropolitan
              Property and Casualty Insurance Company; and MetLife Bank,
              National Association.

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

       22.22. "Officer" shall mean each individual who is employed by a MetLife
              Company paid from the United States in United States currency and
              whose compensation is in an officer or officer-equivalent grade
              level, each as determined by the Plan Administrator in its
              discretion.

       22.23. "Participant" shall mean each Eligible Associate who has had
              compensation deferred by operation of a Deferral Election under
              this Plan, and each individual credited with Pre-2005 Unvested
              Matching Contributions under this Plan.

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

       22.25. "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.

                                       13

<PAGE>

       22.26. "Pre-2005 Unvested Matching Contributions" shall mean those
              amounts of "Matching Contributions" (as defined in the MetLife
              Deferred Compensation Plan for Officers) that are not credited in
              favor of the Participant under the MetLife Deferred Compensation
              Plan for Officers by virtue of the fact that such amounts would
              not have been vested under SIP as of December 31, 2004.

       22.27. "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.

       22.28. "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.

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

       22.30. "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)).

       22.31. "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 or the MetLife, Inc.
              2005 Stock and Incentive Compensation Plan.

       22.32. "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, less any management fees or other expenses
              applicable to the fund or investment serving as the basis for
              Investment Tracking Fund, as determined by the Plan Administrator
              in its discretion.

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

       22.34. "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

                                       14

<PAGE>

              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.

                                       15

<PAGE>

IN WITNESS WHEREOF, this MetLife Leadership Deferred Compensation Plan, as
amended and restated effective January 1, 2005, is approved.

PLAN ADMINISTRATOR

/s/ Margery Brittain
--------------------------------------------------------


Date:  11-2-06
    ----------------------------------------------------


Witness:   /s/ Rose Alston
       -------------------------------------------------

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