Document:

<PAGE>
                                                                  EXHIBIT 10.48

                             AMENDMENT NUMBER ONE TO
             THE METLIFE ANNUAL VARIABLE INCENTIVE PLAN (THE "PLAN")

         The Plan is hereby amended in the manner set forth below:

     1.  Article 4 of the Plan is amended to add a new Section 4.5 at the end
thereof, to read as follows:

         4.5      TIMING OF PAYMENT. Subject to Section 4.4, all Awards granted
                  under this Plan shall, if payable, be paid on or before March
                  15 of the calendar year following the calendar year with
                  regard to which the performance criteria or other
                  contingencies that pertain to the Award (other than continued
                  employment with the Company or an Affiliate or other
                  contingency related to continued service until the date on
                  which the Award is payable) apply. No Participant or any other
                  person shall have any right to receive any payment of interest
                  or other remedy due to any payment of an Award on a date other
                  than as provided in the immediately preceding sentence.

     2.  This Amendment will be effective immediately upon execution.

     3. Except as otherwise expressly provided herein, the Plan (including any
amendments thereto) shall continue in full force and effect without amendment.

IN WITNESS WHEREOF, this amendment is approved.

METLIFE, INC.

/s/ Gwenn L. Carr
-------------------------------------------------
Gwenn L. Carr
Senior Vice President and Secretary

Date:  December 15, 2005
       ----------------------------

Witness:  /s/ Christine Martinez
          ---------------------------------------
          Christine Martinezexv10w52

Exhibit 10.52

	 		
	MetLife, Inc.
	 	
	 
 

Board of Directors
	 

December 14, 2010

ON MOTION, it was RESOLVED:

	(1)	 	That the Compensation Committee and the Board of Directors approves that the Annual Variable
Incentive Plan (“AVIP”) awards for 2011 performance shall constitute Cash-Based Awards under
the MetLife, Inc. 2005 Stock and Incentive Compensation Plan (the “Stock and Incentive Plan”);

	(2)	 	That the measures to be used to determine performance results for establishing the amount to
be available for payment of awards under AVIP for 2011 performance (the “2011 Available
Amount”) are approved in all respects substantially in the form described in the memorandum
presented to the Board and filed with the records of the meeting, subject to Compensation
Committee discretion to increase or decrease the 2011 Available Amount;

	(3)	 	That the 2011 Section 162(m) Goals shall be of the following:

	 	(a)	 	Positive Company income from continuing operations before provision for income
tax, excluding net investment gains (losses) (determined in accordance with Section
3(a) of Article 7.04 of SEC Regulation S-X), which includes total net investment gains
(losses) and net derivatives gains (losses), as presented in the financial statements
in the Company’s Annual Report on Form 10-K for 2010, for 2011.

	 	(b)	 	Positive MetLife, Inc. Proportionate Total Shareholder Return, as defined for
MetLife, Inc. in Section 1(d)(2) of the form of Management Performance Share Agreement
used for awards for the 2011-2013 Performance Period (the “Performance Share
Agreement”), for 2011.

	(4)	 	That the Chief Executive Officer of the Company (“CEO”) and each other member of the
Company’s Executive Group shall be eligible for an AVIP award for 2011 of $10 million if any
one or more of the 2011 Section 162(m) Goals is met; provided, however, that the
Compensation Committee (the “Committee”) shall retain the ability, in its discretion, to
reduce the amount of the award payable (including reducing the amount payable to zero) based
on such factors or considerations that the Committee shall deem appropriate, including but not
limited to the amounts that would have been payable to the CEO or other

 

 

	 	 	member of the Company’s Executive Group, respectively, under the methodology applicable to
other employees under AVIP;

	(5)	 	That if the Company does not meet any of the 2011 Section 162(m) Goals, neither the CEO nor
any of the other members of the Company’s Executive Group shall be eligible for any AVIP award
for 2011; and

	(6)	 	That the Officers of the Company be and hereby are authorized, in the name and on behalf of
the Company, to (a) take or cause to be taken any and all such further actions and to prepare,
execute and deliver or cause to be prepared, executed and delivered, and where necessary or
appropriate, file or cause to be filed with the appropriate governmental authorities, all such
other instruments and documents, including but not limited to all certificates, contracts,
bonds, agreements, documents, instruments, receipts or other papers, (b) incur and pay or
cause to be paid all fees and expenses and (c) engage such persons, in each case as such
Officer shall in that Officer’s judgment determine to be necessary or appropriate to carry out
fully the intent and purposes of the foregoing resolutions and each of the transactions
contemplated thereby.exv10w55

Exhibit 10.55

AMENDMENT NUMBER 2 TO THE

METROPOLITAN LIFE AUXILIARY

SAVINGS AND INVESTMENT PLAN

(Amended and Restated Effective January 1, 2008)

1. Section 2.1 of the Plan is hereby amended as follows:

“2.1 ‘Administrative Participant’ means any Participant in the Plan who is not classified by the
Company as a Commissioned Participant.”

2. There is hereby added to the end of Section 4.9 a new subsection to be known as subsection (c).
Subsection (c) shall provide as follows:

     “(c) Effect of Rehire As Administrative Participant. In the event that an
Administrative Participant has experienced a Termination of Employment and is later rehired by the
Company, his or her rights with respect to any election made under this Section shall be determined
as follows:

     (1) If such Participant made an election under subsection (b) of this Section prior to
his or her Termination of Employment, whether or not payments under this Plan in accordance
with such election had commenced prior to the date of his or her reemployment by the
Company, then payments will commence when scheduled in accordance with the terms of such
Participant’s election or continue if such payments have already commenced. Upon such
Participant’s reemployment any Company Contributions allocated to such Participant’s Account
under this Plan will be included as part of future payments under such election. Following
the distribution of the final payment in accordance with such Participant’s election, such
Participant’s election of the time and form of distribution will be governed solely by
subsection (a), unless such Participant makes a subsequent election in accordance with
subsection (b). Any Company Contributions allocated to the Participant’s Account following
the distribution of the final payment in accordance with the Participant’s election shall be
retained in such Participant’s Account until such Participant’s subsequent Termination of
Employment, at

1

 

which time distribution of such Participant’s Account shall commence, either in
accordance with subsection (a) or subsection (b).

     (2) If such Participant has not made an election in accordance with subsection (b) at
the time of his or her Termination of Employment, then she or he will receive his or her
Account under this Plan in the Default Mode of Payment at the Default Commencement Date,
notwithstanding the fact that such Participant is reemployed by the Company prior to the
Default Commencement Date. If Company Contributions are allocated to such Participant’s
Account following the date of his or her Termination of Employment, but prior to the Default
Commencement Date, such Contributions will be included in the Default Mode of Payment. Once
such Participant has received a final distribution of his or her Account under subsection
(a), any Company Contributions which are allocated to such Participant’s Account following
his or her final payment shall then be distributed following his or her subsequent
Termination of Employment in accordance with subsection (a), unless such Participant makes
an election in accordance with subsection (b).”

3. Section 8.2(b) of the Plan is hereby amended as follows:

     “(b) Limitations of Time for Submitting Claims and Suits Challenging Denial of Claims.
No suit to recover benefits under this Plan or to allege that the Plan was not administered in
accordance with its terms and/or ERISA shall be brought more than six months following the
expiration of the claims and review procedures described in subsection (a). If a Participant has
received or has commenced to receive a distribution from the Plan, no claim for benefits under the
Plan’s claims and review procedures described in subsection (a) shall be made regarding the
calculation of the amount of the benefits more than six months following the date on which the
Participant received or commenced to receive such distribution”

2

 

4. This Amendment shall become effective on January 1, 2010.

IN WITNESS WHEREOF, the Company has caused this Amendment to be executed in its name and behalf
this 21st day of December, 2010, by its officer thereunto duly authorized.

	 	 	 	 	 	 	 

	 

	 	 	 	Metropolitan Life Insurance
Company	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Andrew J. Bernstein	 	 
	 

	 	 	 	 

	 	 

	 	 	 

	ATTEST:
	 	 
	 
	 	 
	/s/ Candice Martin 

	 	 

3<PAGE>

                                                                   EXHIBIT 10.57

                  AMENDMENT NUMBER ONE TO THE METLIFE DEFERRED
                         COMPENSATION PLAN FOR OFFICERS
                (As amended and restated as of November 1, 2003)

      WHEREAS, the MetLife Deferred Compensation Plan for Officers, as last
amended and restated November 1, 2003 (the "PLAN"), was adopted to permit
certain eligible employees voluntarily to defer the payment of certain types of
compensation;

      WHEREAS, certain other nonqualified deferred compensation arrangements
have been entered into with employees who are eligible to participate in the
Plan, which arrangements either expressly or implicitly incorporate aspects of
the Plan, and/or are otherwise administered, in whole or in part, in a manner
consistent with the administration of the Plan;

      WHEREAS, to facilitate the administration of such other arrangements, it
has been recommended that such arrangements be incorporated into the Plan
(cognizant of the need to preserve the differences from the Plan terms mandated
by such arrangements, including, but not limited to, in order to avoid
subjecting the amounts deferred under such arrangements and the Plan to the
additional taxes imposed under Section 409A of the Internal Revenue Code of
1986, as amended);

      WHEREAS, pursuant to Section 20 of the Plan, the Plan Administrator has
reserved the right to amend the Plan;

      NOW, THEREFORE, the Plan is hereby amended in the manner set forth below:

      1.    Section 2 is amended to add a new Section 2.7 at the end thereof, to
read as follows:

            2.7. The Plan Administrator may permit other non-qualified deferred
      compensation arrangements between an Eligible Associate and any MetLife
      Company or an affiliate of any MetLife Company, whether or not elective,
      to be administered under and treated as part of the Plan. The Plan
      Administrator shall establish a separate Alternative Compensation Account
      for an Eligible Associate who is party to a non-qualified deferred
      compensation arrangement treated as part

<PAGE>

      of the Plan. Unless otherwise specified herein, on Annex I or by the Plan
      Administrator in writing, the general provisions of the Plan shall apply
      to any such Alternative Compensation Account, including without
      limitation, those provisions related to (i) the value of the Alternative
      Contribution Account (including the Investment Tracking of such Account),
      (ii) the timing, number and form of payments from such Account and (iii)
      the designation of any beneficiary(ies) to receive payment from such
      Account upon the death of the Participant. Notwithstanding the immediately
      preceding sentence, unless otherwise provided by the terms of the
      applicable non-qualified deferred compensation arrangement as in effect on
      October 3, 2004, no distribution shall be made from any Alternative
      Contribution Account pursuant to Section 12, 13 or 14 of the Plan.

      2.    Section 10 is amended to add a new Section 10.3.11 at the end of
Section 10.3 thereof, to read as follows:

            10.3.11. Notwithstanding anything in this Section 10.3 to the
      contrary, payment in respect of any Alternative Compensation Account shall
      not be accelerated from the date payment would have been made under the
      corresponding nonqualified deferred compensation arrangement, as
      identified on Annex I or as otherwise specified in writing by the Plan
      Administrator.

      3.    Section 21 is amended to new Sections 21.2 and 21.3 thereto, to read
as follows, and to appropriately renumber all other sections thereof to reflect
the addition of such Section:

      21.2  "Alternative Compensation Account" means a record-keeping account
            established for the benefit of an Eligible Associate in which is
            credited such amounts of compensation as are deferred under the
            nonqualified deferred compensation arrangement to which such Account
            relates.

      21.3  "Annex I" means the schedule established by the Plan Administrator,
            as the same may be amended by the Plan Administrator at any time and
            from time to time, on which is specified the terms of any
            non-qualified deferred compensation arrangement that is to be
            administered as part of the Plan that deviate from the general terms
            of the Plan. Annex I, as in effect from time to time, is expressly
            incorporated herein by reference and made a part hereof.

                                       2
<PAGE>

      4.    Section 21 is further amended to add a new second sentence to
Section 21.11 (as renumbered pursuant to item 3 of this Amendment), "Deferred
Compensation Account", to read as follows:

      To the extent the context so requires, the term Deferred Compensation
      Account, as applied to any Participant, shall also include any Alternative
      Compensation Account established for the benefit of such Participant.

      5.    Section 21 is further amended to add a new second sentence at the
end of Section 21.23 (as renumbered pursuant to item 3 of this Amendment),
"Participant", to read as follows:

      To the extent that the context so requires, the term Participant shall
      also include any Eligible Associate for whose benefit an Alternative
      Compensation Account has been established under the Plan.

      6.    The Plan is further amended to add at the end thereof of a new Annex
I, as is attached hereto, which is incorporated herein by reference and made a
part hereof.

      7.    Except as otherwise expressly provided herein, the Plan shall
continue in full force and affect, without amendment. For the avoidance of
doubt, nothing in this amendment shall, or shall be construed to, amend or
modify any provision or term of the Plan with respect to amounts otherwise
credited thereunder immediately prior to the execution of this Amendment.

      IN WITNESS WHEREOF, the amendment to the MetLife Deferred Compensation
Plan has been executed by the Plan Administrator thereof, on this 4th day of
May, 2005.

PLAN ADMINISTRATOR

/s/ Graham Cox
__________________________

                                       3
<PAGE>

<TABLE>
<CAPTION>
                             EFFECTIVE DATE OF
                                ARRANGEMENT                                                   TIMING OF DISTRIBUTIONS
   NAME OF ELIGIBLE         AND INITIAL DEFERRED          INVESTMENT TRACKING, IF                 FROM ALTERNATIVE
       ASSOCIATE                   AMOUNT                   DIFFERENT FROM PLAN                 COMPENSATION ACCOUNT
---------------------------------------------------------------------------------------------------------------------------
<S>                     <C>                           <C>                                <C>
Robert Benmosche        July 20, 1995 (Sign-on bonus  Investment tracking to be based    Lump sum distribution upon
                        subject to 5 year vesting     solely on interest rate            retirement from service as an
                        condition)                    credited under MetLife SIP         employee of the MetLife Companies
                                                      Fixed Income Fund (as referenced
                                                      in Section 6.2 of the Plan) at
                                                      time of deferral

                        $400,000

Robert Benmosche        April 1, 1996 (elective       Investment tracking to be based    10 approximately equal annual
                        deferral of portion of        solely on interest rate credited   installments (adjusted for
                        future 1996 monthly salary)   under MetLife SIP Fixed Income     interest accrued) commencing in
                                                      Fund (as referenced in Section     June, 2009
                                                      6.2 of the Plan) at time of
                                                      deferral

                        $12,000 per month (aggregate
                        deferral of $108,000)

Robert Benmosche        January 1, 1997 (elective     Investment tracking to be based    10 approximately equal annual
                        deferral of portion of        solely on interest rate credited   installments (adjusted for interest
                        future 1997 monthly salary)   under MetLife SIP Fixed Income     accrued) commencing in June, 2009
                                                      Fund (as referenced in Section
                                                      6.2 of the Plan) at time of
                                                      deferral

                        $22,000 per month (aggregate
                        deferral of $264,000)

Lisa Weber              February 4, 1998 (Sign-on     N/A -- Investment Tracking in      In five annual installments
                        bonus subject to 5 year       accordance with terms of the Plan  commencing upon termination of
                        vesting condition)                                               service as an employee of the
                                                                                         MetLife Companies
                        $750,000
</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}]]