Document:

Exhibit

Exhibit 10.15 

MetLife® 
Agreement to Protect Corporate Property
All of the protections described in this Agreement apply to MetLife, Inc. and its past, present and future affiliates and each of their successors and assigns (collectively, "MetLife" or "the Company"). This Agreement is presented to me in anticipation of my becoming employed by MetLife. In the event that I do not actually become employed with MetLife, this Agreement will be of no force and effect. In consideration of my employment with MetLife, the new and updated access that I will be given to MetLife’s Intellectual Property and/or Confidential Information as defined below, and the specialized training and resources regarding MetLife’s business, customers and practices that MetLife will provide to me, and intending to be legally bound, I agree as follows: 
		
	1.
	Duty of Loyalty: I understand and agree that during the course of my employment with MetLife, I owe a duty of loyalty to the Company, which prohibits me from engaging in any act or omission that is adverse to the interests of the Company, except as permitted by law or required by legal process. This prohibition includes but is not limited to interfering with  MetLife's business or trying to disrupt  MetLife's business, including such conduct as engaging in any activity that interferes with the performance of my duties during my employment, interferes with the duties of other  MetLife employees, statutory employees or independent contractors, diverts any business, customers or employees away from  MetLife, is reasonably deemed by  MetLife to be harmful to the business, reputation or goodwill· of  MetLife, is in violation of this Agreement, is otherwise contrary to the interests of  MetLife, and/or is recognized by any applicable statute, regulation or common law as constituting a breach of the duty of loyalty to my employer. 

		
	2.
	Confidential and Proprietary Information: "Confidential and Proprietary Information" means, without limitation, all confidential and proprietary equipment, material, business processes, records, supplies, manuals, rate books, forms, files, notes, letters, lists, and any other documentation, property and/or information, in any form or medium, provided to me by  MetLife or developed, created, used or obtained by me in the course of performing my duties as an employee of  MetLife, pertaining to the business of  MetLife, its employees, or pertaining to any of its customers or prospective customers, and all related product plans, client strategies, ideas, formulas, inventions (whether or not patentable), improvements, know-how, business methods, processes, techniques, drawings, specifications, notes, business and sales plans and employee, customer and supplier lists and similar information. Notwithstanding the foregoing, Confidential and Proprietary Information excludes information that is generally known or disclosed to the industry through no breach of this Agreement by me or other wrongful act or omission by me or any other person. All Confidential and Proprietary Information shall be and remain the sole and exclusive property and information of MetLife. 

		
	3.
	Proprietary Rights: I agree that all intellectual property made or conceived by me during the term of my employment with  MetLife by me alone, or, jointly with others, that is governed and protected by laws and regulations related to patents, trade secrets, copyrights, trademarks, trade dress, trade names, internet domain names, business processes, including, all precursory, duplicative or derivative materials in creation of such intellectual property belongs exclusively to  MetLife ("Intellectual Property"), and, unless an officer at least at the level of a Senior Vice President in charge of my department agrees to some other arrangement in writing, I will not retain any rights in any such lntellectual Property and its related MetLife Confidential and Proprietary Information. I agree to inform MetLife promptly and fully of all MetLife Intellectual Property made or conceived by me or jointly with others. I further agree that any copyrightable works falling within the definition of MetLife Intellectual Property and/or Confidential and Proprietary Information are "works made for hire," the complete ownership of which belongs to 

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MetLife. ·To the extent that any  MetLife Intellectual Property and/or Confidential and Proprietary Information does not automatically, by operation of law, constitute a "work made for hire," I irrevocably transfer and assign to  MetLife (or, to the extent not transferable, waive) all right, title and interest in and to that  MetLife Intellectual Property for all forms and media, whether or not now existing, throughout the world, including, without limitation, any right to collect for past damages for the infringement or unauthorized use of such  MetLife Intellectual Property and/or Confidential and Proprietary Information. I waive, to the fullest extent permitted by law, all of my "moral rights" (i.e., accreditation rights to visual works such as videos, images, graphics, etc.) with respect to MetLife intellectual Property and/or Confidential and Proprietary Information assigned or transferred to MetLife. Promptly, upon the request of MetLife and at MetLife’s expense, I will, during the course of my employment and thereafter, provide cooperation and assistance to MetLife in the preparation, prosecution, perfection ·and defense of any MetLife Intellectual Property. 
		
	4.
	Protection and Non-Assignment of MetLife Property: I will maintain adequate and current records of all MetLife Intellectual Property and/or Cpnfidential and Proprietary Information. I further agree that during my employment and after the termination of my employment, I will not disclose to any third party MetLife Intellectual Property and/or Confidential and Proprietary Information, except as authorized by MetLife, and I will comply with  MetLife’s policies regarding record keeping, non-disclosure, safe-keeping and retention of  MetLife Intellectual Property and/or Confidential and Proprietary lnformation. I represent and warrant that I am not a party to any contract relating to the granting or assignment to any party (other than  MetLife) of any interest in Intellectual Property and/or Confidential and Proprietary lnformation conceived, developed, made or reduced to·practice by me except insofar as copies of such contracts, if any, have been supplied to MetLife. I further represent and warrant that the MetLife lntellectual Property and/or Confidential and Proprietary information created by me and MetLife’s use of such MetLife Intellectual Property and/or Confidential and Proprietary Information, does not and will not violate, infringe or misappropriate any intellectual property and/or confidential information rights of any third party or the laws or regulations of any governmental or judicial authority.

		
	5.
	Non-lnterference: For 18 months following the termination of my employment with  MetLife for any reason, I will not, directly or indirectly divert business away from  MetLife or seek to have any  MetLife customer, person or organization reduce, lapse or terminate any financial products or services obtained from or through MetLife, in such circumstances· where I serviced, contacted, solicited or sold to such customer, person or organization, or supervised any MetLife employee in connection ·with such customer, person or organization during the course of my employment with MetLife, or for whom I possess or have possessed any Confidential and Proprietary lnformation regarding MetLife’s services to such customer, person or organization. 

		
	6.
	Non-Solicitation: For 18 months following the termination of my employment with  MetLife for any reason, I will not, directly or indirectly induce, divert, recruit, encourage or attempt to influence anyone in the employ of MetLife (hereinafter "Employee"), or who is a party to a Senior Partner Contract (055 Contract), any New England Financial Agent Contract or Retired Agent Contract (hereinafter ''lndependent Contractor") to reduce, lapse or terminate his or her employment and/or business relationship with MetLife. For example, I will not inform an Employee or Independent Contractor of a job opportunity with me or any other company or entity, or suggest that any· person or entity contact an Employee or Independent Contractor to discuss or mention such a job opportunity. I also will not interview an Employee or Independent Contractor for a job, or offer, authorize, approve or agree to hire an Employee or Independent Contractor for any job opportunity with me or any other· company. 

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	7.
	Non-Disparagement: I will not make statements that damage, disparage or otherwise diminish the reputation and business practices of  MetLife and its affiliated entities, and its and their current and/or former officers, agents, directors and employees. This includes statements made verbally, in writing or electronically. The only exception is if I am compelled by a court of law or I am otherwise authorized to do this pursuant to legal or administrative process. 

		
	8.
	Agreement is Reasonable and Necessary to Protect MetLife's Legitimate Business Interests: I acknowledge and agree that: (1) the restrictions set forth in this Agreement are reasonable and necessary for the protection of  MetLife's legitimate business interests in the intensely competitive insurance, securities, advisory services, retail banking and financial services industries, including without limitation  MetLife's longstanding relationships with customers, and are reasonable and necessary to protect  MetLife's Intellectual Property and/or Confidential and Proprietary Information, in which  MetLife has invested significant time and money; and (2) but for my employment by  MetLife, I would not have access to the Intellectual Property and/or Confidential and Proprietary Information identified above. 

		
	9.
	Presentation of Agreement to Subsequent Employers: For a period of 18 months following the termination of my employment with MetLife for any reason, I will present a copy of this agreement to each of my subsequent employers or affiliations, and I will inform MetLife promptly of the identity of any such employers or affiliations. I hereby authorize MetLife to present a copy of this Agreement to such employers or affiliations. 

		
	10.
	Return of Property: Upon the termination of my employment with  MetLife for any reason or at any other time requested by  MetLife, I shall immediately deliver to  MetLife or its designee all  MetLife Confidential and Proprietary Information, Intellectual Property, and all copies thereof in whatever format stored, in my possession, custody or control, as well as any other property and information of  MetLife including, but not limited to any computing device provided to or used by me during the course of my employment with  MetLife, including, but not limited to, computer, disks, drives, memory sticks, telephones, personal digital assistants, or other electronic media, including any leased, borrowed or purchased laptop computer, even if I purchased the computing devices. I understand that MetLife will return any computing devices I purchased after wiping the computing devices clean of all MetLife software and information. 

		
	11.
	Geographic Scope: I acknowledge that the business of MetLife is conducted in all states and in certain foreign countries and that the employees of MetLife and its affiliated entities are working to further the interests of MetLife in those states and foreign countries. I also acknowledge that the  MetLife Intellectual Property and/or Confidential Information I obtain in the course of my employment involves and affects  MetLife's activities in all states and in those foreign countries in which it conducts its business. Therefore, it is not appropriate or feasible for MetLife to establish geographic limitations on the restrictions to which I am now agreeing. Accordingly, I agree to abide by these restrictions in all states and in those foreign countries in which MetLife is conducting business at the time that my employment terminates, or in any state or foreign countries where MetLife is planning to conduct business and I was or am in possession of any Intellectual Property and/or Confidential and Proprietary Information relating to such plans. 

		
	12.
	Injunctive Relief and Attorney's Fees: I acknowledge that, if I violate any provision of this Agreement, MetLife will suffer irreparable harm. Therefore, in addition to any other rights or remedies of MetLife, MetLife will have the right to obtain an injunction without posting a bond enjoining any such violation. If  MetLife succeeds in any lawsuit or proceeding against me brought to enforce this Agreement, or to establish damages sustained by  MetLife as a result of my violation of this Agreement, I will reimburse  MetLife's attorney's fees and costs, as these may be fixed by the court in which  MetLife sues me or brings a proceeding against me.

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	13.
	Tolling Provision: In the event that I violate any of the post-employment restrictions of this Agreement, the eighteen (18) month time period of the post-employment restrictions set forth in Sections 5, 6, and/or 9 above shall be extended for a period of time equal to the time between the start of the eighteen (18) month period and the date of the last violation. Such extension does not in any way operate to limit the types of remedies available to MetLife to address any violation of this Agreement.

		
	14.
	Entire Agreement, Severability, and No Waiver: This document is the entire agreement between me and  MetLife with respect to the contents contained herein. No previous promises or agreements, oral or written, including any prior Agreements to Protect Corporate Property, will remain in effect. I further agree that my signature on any subsequent agreement with MetLife shall not impair the enforcement of these provisions, unless such subsequent agreement is in writing and expressly identifies this Agreement. If any provision of this Agreement is invalidated in any jurisdiction either by statute or by a court, it is the parties' intention that such provision will be deemed modified to comply with the law or deemed stricken from this Agreement, if that is necessary to comply with the law. If any provision is stricken for this reason, however, the remainder of this Agreement remains in effect. This Agreement cannot be waived by MetLife unless agreed to in writing by an officer of MetLife. Failure to strictly enforce any provision of this Agreement shall not operate as a waiver of such provision or release either party from its obligation to perform strictly in accordance with such provision. While you are required to return your original signature below to MetLife, you acknowledge and agree that a facsimile of your signature shall be deemed to be binding upon you, unless prohibited by law. 

I have carefully read this Agreement and I understand it. I acknowledge that I have been given a copy of this Agreement.
Signature:  _________________
Print Name:  _________________
Employee ID #:  _________________
Dept:  _________________
Date:  _________________

4Exhibit

Exhibit 10.29
MANAGEMENT PERFORMANCE SHARE AGREEMENT 
     MetLife, Inc. confirms that, on [grant date] (the “Grant Date”), it granted you, [name], [number] Performance Shares (your “Performance Shares”). Your Performance Shares are subject to the terms and conditions of this Management Performance Share Agreement (this “Agreement”) and the MetLife, Inc. 2005 Stock and Incentive Compensation Plan (the “Plan”). 
     1. Standard Performance Terms. 
     (a) The terms of this Section 1 shall be referred to as the “Standard Performance Terms” and will apply to your Performance Shares except in so far as Sections 2 (Change of Status) or 3 (Change of Control) apply. 
     (b) The Performance Period for your Performance Shares will begin on [date], [year] and end on the December 31 immediately preceding the third anniversary of the beginning of the Performance Period. After the conclusion of the Performance Period, the Committee shall certify in writing the number of Performance Shares payable in accordance with this Section 1 (your “Final Performance Shares”), and your Final Performance Shares will be due and payable in Shares at the time specified in Section 8. 
     (c) If the Committee determines in writing that the Company met one or more of the Section 162(m) Goals, then you will be eligible for a payment of up to 200% of your Performance Shares. The “Section 162(m) Goals” shall be the following: 
     (1) 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 the calendar year preceding the beginning of the Performance Period (“Adjusted Income”), for the Performance Period. 
     (2) Positive Adjusted Income for the third calendar year of the Performance Period. 
     (3) Positive Company Proportionate Total Shareholder Return for the Performance Period, as defined for the Company in Section 1(d)(2). 
     (4) Positive Company Proportionate Total Shareholder Return for the third calendar year of the Performance Period, as defined for the Company in Section 1(d)(2) with respect to the third calendar year of the Performance Period. 
     (d) If, under Section 1(c), you are eligible for a payment, the Committee will determine your Final Performance Shares by multiplying your Performance Shares by the “Performance Factor.” The Performance Factor means a percentage (from zero to 200%) which is the sum of two other percentages (each from zero to 100%), described in (1) and (2) below, multiplied by the factor determined by (3) below, if applicable. 
     (1) The first percentage will be based on the Company’s average percentile performance with respect to Change in Annual Net Operating Income Available to Common Shareholders Per Share during the Performance Period relative to the other companies in the Index, determined in the following manner: 
     (a) First, the Net Operating Income Available to Common Shareholders Per Share will be determined for the Company and for each of the other companies in the Index, for each calendar year of the Performance Period and the calendar immediately preceding the first calendar year of the Performance Period. For this purpose, “Net Operating Income Available to Common Shareholders Per Share” for each calendar year will have the meaning of that term, or its substantial equivalent, defined in or derived from the Company’s quarterly financial supplement for the fourth quarter of the prior year filed with or furnished to the United States Securities and Exchange Commission. 
     (b) Second, the Change in Annual Net Operating Income Available to Common Shareholders Per Share will be determined for the Company and for each of the other companies in the Index for each calendar year of the Performance Period. For this purpose, “Change in Annual Net Operating Income Available to Common Shareholders Per Share” means Net Operating Income Available to Common Shareholders Per Share for each calendar year of the Performance Period divided by Net Operating Income Available to Common Shareholders Per Share in the immediately preceding calendar year. 
     (c) Third, the Company’s Change in Annual Net Operating Income Available to Common Shareholders Per Share for each calendar year of the Performance Period will be compared to the Change in Annual Net Operating Income Available to Common Shareholders Per Share for each of the other companies in the Index for the same calendar year to determine the percentage of the other companies in the Index whose performance was less than that of the Company, rounded down to the nearest whole number percentile appearing on the left-hand column of Table 1 of Schedule A to this Agreement (Company performance greater than every other company in the Index being deemed 

to be performance in the ninety-ninth percentile), producing the Company’s percentile performance relative to the other companies in the Index. 
     (d) Fourth, a percentage for each calendar year of the Performance Period will be determined using the percentile determined under Section 1(d)(1)(c) and the corresponding percentage on the right-hand column of Table 1 of Schedule A to this Agreement. 
     (e) Finally, the three percentages referenced in Section (1)(d)(1)(d) will be averaged. 
     (2) The second percentage will be based on the Company’s performance with respect to Proportionate Total Shareholder Return during the Performance Period as a percentage of that of the Index, determined according to Table 2 of Schedule A to this Agreement, determined in the following manner: 
     (a) First, the Initial Closing Price of the Company and the Index will each be determined. For this purpose, “Initial Closing Price” means, in the case of the Company the average Closing Price, and in the case of the Index the value of the Index, in each case for the twenty (20) trading days prior to the first day of the Performance Period. 
     (b) Second, the Final Closing Price of the Company and the Index will each be determined. For this purpose, “Final Closing Price” means, in the case of the Company the average Closing Price, and in the case of the Index the value of the Index, in each case for the twenty (20) trading days prior to and including the final day of the Performance Period. 
     (c) Third, the Total Shareholder Return of the Company and the Index will each be determined, and expressed as a percentage. For this purpose, “Total Shareholder Return” means the change (plus or minus) from the Initial Closing Price to the Final Closing Price, plus (in the case of the Company) dividends (if any) actually paid on Shares on a reinvested basis from the first day of the Performance Period to and including the last day of the Performance Period. 
     (d) Fourth, the Proportionate Total Shareholder Return of the Company and the Index will each be determined. For this purpose, “Proportionate Total Shareholder Return” means Total Shareholder Return divided by Initial Closing Price. 
     (e) Fifth, the Proportionate Total Shareholder Return of the Index will be subtracted from the Company’s Proportionate Total Shareholder Return, and the result rounded up or down to the nearest percentage appearing on the left-hand column of Table 2 of Schedule A to this Agreement (any result precisely halfway between two percentages being rounded up to the next highest percentage). 
     (f) Finally, a percentage will be determined using the result produced under Section 1(d)(2)(e) and the corresponding percentage on the right-hand column of Table 2 of Schedule A to this Agreement. 
     (3) If the Total Shareholder Return of the Company, as determined under Section (1)(d)(2)(c), is zero percent or less, then the sum of the percentages described under Sections (1)(d)(1) and (1)(d)(2) will be multiplied by a factor of seventy-five hundredths (0.75) and rounded up or down to the nearest whole percentage (any result precisely halfway between two percentages being rounded up to the next highest percentage) to determine the Performance Factor. 
     (e) For purposes of Section 1(d)(1), the companies in the Index refers to each company, other than the Company and other than Berkshire Hathaway Inc. (and any company that the Committee determines in its discretion is a successor to Berkshire Hathaway Inc.), that: 
     (1) does not adopt International Financial Reporting Standards with respect to a reporting period earlier than the reporting period with respect to which the Company does so, 
     (2) has publicly reported its earnings in conformity with accounting principles generally accepted in the United States of America for each of the two calendar years being compared under Section 1(d)(1)(b); and  
     (3) is included in the Standard & Poor’s Insurance Index derived from Fortune 500 companies for the entirety of the second of the two calendar years being compared under Section 1(d)(1)(b). 
     (f) For purposes of Section 1(d)(2), the Index refers to the Standard & Poor’s Insurance Index derived from Fortune 500 companies, excluding Berkshire Hathaway Inc. (and any company that the Committee determines in its discretion is a successor to Berkshire Hathaway Inc.), including any weighting of the stock of the companies included in that index that is applied by Standard & Poor’s, from time to time. 
     2. Change of Status. For purposes of this Section 2, your transfer between the Company and an Affiliate, or among Affiliates, will not be a termination of employment. In the event of a Change of Control, any applicable terms of Section 3 (Change of Control) will supersede the terms of this Section 2. 
     (a) Long-Term Disability. In the event you qualify for long-term disability benefits under a plan or arrangement offered by the Company or an Affiliate for its Employees, the Standard Performance Terms will continue to apply to your Performance Shares. Once this provision applies, no other change of status described in this Section 2 (except 

the provision regarding termination for Cause) will affect your Performance Shares, even if you subsequently return to active service or your employment with the Company or an Affiliate terminates other than for Cause. 
     (b) Death. In the event that your employment with the Company or an Affiliate terminates due to your death, your Performance Shares will be due and payable in Shares (or cash at a value equal to the Closing Price on the date of your death, if so determined by the Committee). Any payment will be made at the time specified in Section 8. 
     (c) Retirement. If your employment with the Company or an Affiliate terminates (other than for Cause) on after your early retirement date or normal retirement date (in each case determined under any ERISA qualified pension plan offered by the Company or an Affiliate in which you participate) (“Retirement”), the Standard Performance Terms will continue to apply to your Performance Shares. 
     (d) Bridge Eligibility. If your employment with the Company or an Affiliate terminates (other than for Cause) with bridge eligibility for retirement-related medical benefits (determined under an ERISA qualified benefit plan offered by the Company or an Affiliate in which you participate, if any) (“Bridge Eligibility”), and your separation agreement (offered to you under the severance program offered by the Company or an Affiliate to its Employees) becomes final, the Standard Performance Terms will continue to apply to your Performance Shares. 
     (e) Termination for Cause. In the event that your employment with the Company or an Affiliate terminates for Cause, your Performance Shares will be forfeited immediately. 
     (f) Other Termination of Employment. Unless the Committee determines otherwise, if no other provision in this Section 2 regarding change of status applies, including, for example, your voluntary termination of employment, your termination without Retirement or Bridge Eligibility, or your termination by the Company or an Affiliate without Cause, your Performance Shares will be forfeited immediately unless you are offered a separation agreement by the Company or an Affiliate under a severance program. To the extent your separation agreement becomes final, your Prorated Performance Shares will be due and payable to you. Any payment will be made at the time specified in Section 8. The number of your “Prorated Performance Shares” will be determined by dividing the number of calendar months in the Performance Period that have ended as of the end of the month of the termination of your employment by thirty-six (36), multiplying the result by the number of your Performance Shares, and rounding to the nearest whole number, and, if you were an Insider or an “executive officer” of the Company under the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, at any time during the Performance Period, further multiplying the result by the lesser of 100% or the Performance Factor; provided, however, that if the date of the termination of your employment is prior to the first anniversary of the beginning of the Performance Period, then the number of your Prorated Performance Shares shall be zero (0). Payment for each of your Prorated Performance Shares will be made in cash at a value equal to the Closing Price on the Grant Date, and shall be rounded to the nearest one-hundred dollars ($100.00); provided, however, that if you were an Insider or an “executive officer” of the Company under the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, at any time during the Performance Period, payment for each of your Prorated Performance Shares will be made in cash at a value equal to the lesser of the Closing Price on the Grant Date or the Closing Price on the date the Committee determines the Performance Factor, and shall be rounded to the nearest one-hundred dollars ($100.00). If your separation agreement does not become final, your Performance Shares will be forfeited. 
     3. Change of Control. 
     (a) Except as provided in Section 3(b), and unless otherwise prohibited under law or by applicable rules of a national security exchange, if a Change of Control occurs, your Performance Shares will be due and payable in the form of cash equal to the number of your Performance Shares multiplied by the Change of Control Price. Any payment will be made at the time specified in Section 8. 
     (b) The terms of Section 3(a) will not apply to your Performance Shares if the Committee reasonably determines in good faith, prior to the Change of Control, that you have been granted an Alternative Award for your Performance Shares pursuant to Section 15.2 of the Plan. Any such Alternative Award shall not accelerate the timing of payment or otherwise violate Code Section 409A. 
     4. Nontransferability of Awards. Except as provided in Section 5 or as otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Performance Shares, and all rights with respect to your Performance Shares are exercisable during your lifetime only by you. 
     5. Beneficiary Designation. You may name any beneficiary or beneficiaries (who may be named contingently or successively) who may then exercise any right under this Agreement in the event of your death. Each beneficiary designation for such purpose will revoke all such prior designations. Beneficiary designations must be properly completed on a form prescribed by the Committee and must be filed with the Company during your lifetime. If you 

have not designated a beneficiary, your rights under this Agreement will pass to and may be exercised by your estate. 
     6. Tax Withholding. The Company will withhold from payment made under this Agreement an amount sufficient to satisfy the minimum statutory Federal, state, and local tax withholding requirements relating to payment on account of your Performance Shares.  
     7. Adjustments. The Committee will make appropriate adjustments in the terms and conditions of your Performance Shares in recognition of unusual or nonrecurring events affecting the Company or its financial statements (such as a Common Stock dividend, Common Stock split, recapitalization, payment of an extraordinary dividend, merger, consolidation, combination, spin-off, distribution of assets to stockholders other than ordinary cash dividends, exchange of shares, or other similar corporate change), or in recognition of changes to applicable laws, regulations, or accounting principles, to prevent unintended dilution or enlargement of the potential benefits of your Performance Shares. The Committee’s determinations in this regard will be conclusive. 
     8. Timing of Payment. 
     (a) This Agreement is intended to comply with Code Section 409A and shall be interpreted accordingly. If Shares are to be paid to you, you will receive evidence of ownership of those Shares. 
     (b) If payment is due and payable under Section 2(b), it will be made upon your death. 
     (c) If payment is due and payable under Section 2(f), it will be made six (6) months after the termination of your employment (or six (6) months after your “separation from service” under Code Section 409A, if that is a different date); provided, however, that if you were an Insider or an “executive officer” of the Company under the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, at any time during the Performance Period, payment will be made in the calendar year after the end of the Performance Period but in no event earlier than six (6) months after the termination of your employment (or six months after your “separation from service” under Code Section 409A, if that is a different date). 
     (d) If payment is due and payable under Section 3(a), and the Change of Control that causes payment to be due and payable is a “change of control” as defined under Code Section 409A, such sum shall be paid to you within thirty (30) days of the Change of Control. If payment is due and payable under Section 3(a), and the Change of Control that causes payment to be due and payable is not a “change of control” as defined under Code Section 409A, such sum shall be paid to you at the time determined under Section 8(e). 
     (e) If payment is due and payable under the Standard Performance Terms and you have chosen to defer payment under an applicable deferred compensation plan offered by the Company or an Affiliate, payment will be made at the time determined under that plan. If payment is due and payable under the Standard Performance Terms and you have not chosen to defer payment under an applicable deferred compensation plan offered by the Company or an Affiliate, payment will be made in the calendar year after the end of the Performance Period. 
     9. Closing Price. For purpose of this Agreement, “Closing Price” will mean the closing price of a Share 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 the Shares are quoted at the relevant time), or in the event that there are no Share transactions reported on such tape or other system on the applicable date, the closing price on the immediately preceding date on which Share transactions were reported. Closing Price shall constitute “Fair Market Value” under the Plan for all purposes related to your Performance Shares. 
     10. No Guarantee of Employment. This Agreement is not a contract of employment and it is not a guarantee of employment for life or any period of time. Nothing in this Agreement interferes with or limits in any way the right of the Company or an Affiliate to terminate your employment at any time. This Agreement does not give you any right to continue in the employ of the Company or an Affiliate. 
     11. Governing Law; Choice of Forum. This Agreement will be construed in accordance with and governed by the laws of the State of Delaware, regardless of the law that might be applied under principles of conflict of laws. Any action to enforce this Agreement or any action otherwise regarding this Agreement must be brought in a court in the State of New York, to which jurisdiction the Company and you consent. 
     12. Miscellaneous. For purposes of this Agreement, “Committee” includes any direct or indirect delegate of the Committee as defined in the Plan and (unless otherwise indicated) the word “Section” refers to a Section in this Agreement. Any other capitalized word used in this Agreement and not defined in this Agreement, including each form of that word, is defined in the Plan. Any determination or interpretation by the Committee pursuant to this Agreement will be final and conclusive. In the event of a conflict between any term of this Agreement and the terms of the Plan, the terms of the Plan control. This Agreement and the Plan represent the entire agreement between you and the Company, and you and all Affiliates, regarding your Performance Shares. No promises, terms, or agreements 

of any kind regarding your Performance Shares that are not set forth, or referred to, in this Agreement or in the Plan are part of this Agreement. In the event any provision of this Agreement is held illegal or invalid, the rest of this Agreement will remain enforceable. If you are an Employee of an Affiliate, your Performance Shares are being provided to you by the Company on behalf of that Affiliate, and the value of your Performance Shares will be considered a compensation obligation of that Affiliate. Your Performance Shares are not Shares and do not give you the rights of a holder of Shares. You will not be credited with additional Performance Shares on account of any dividend paid on Shares. The issuance of Shares or payment of cash pursuant to your Performance Shares is subject to all applicable laws, rules and regulations, and to any approvals by any governmental agencies or national securities exchanges as may be required. No Shares will be issued or no cash will be paid if that issuance or payment would result in a violation of applicable law, including the federal securities laws and any applicable state or foreign securities laws. Your Performance Shares are subject to the Company’s performance-based compensation recoupment policy (which currently covers only officers or officer-equivalent employees of the Company and its Affiliates) in effect from time to time. 

     13. Amendments. The Committee has the exclusive right to amend this Agreement as long as the amendment does not adversely affect any of your previously-granted Awards in any material way (without your written consent) and is otherwise consistent with the Plan. The Company will give written notice to you (or, in the event of your death, to your beneficiary or estate) of any amendment as promptly as practicable after its adoption.  
     14. Agreement to Protect Corporate Property. If you have not previously executed an Agreement to Protect Corporate Property (“Property Agreement”), the grant of your Performance Shares is subject to your execution of the Property Agreement provided to you by the Company with respect to this Agreement, and if you do not return a signed copy of the Property Agreement then this Agreement and the Performance Shares granted to you will be void. The Company may in its sole discretion allow an extension of time for you to return your signed Property Agreement. 

     IN WITNESS WHEREOF, the Company has caused its duly authorized officer to execute this Agreement, and you have executed this Agreement. 
	
									
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	METLIFE, INC.
	 
	 
	 
	EMPLOYEE
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	By:
	 
	C. Robert Henrikson
	 
	 
	 
	[name]
	 
	 

	 
	 
	 
Name 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	Chairman of the Board,
	 
	 
	 
	 
	 
	 

	 
	 
	President, and Chief Executive Officer
	 
	 
	 
	 
	 
	 

	 
	 
	 
Title 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
Signature 
	 
	 
	 
	 
Signature 
	 
	 

	 
	 
	 
	 
	 
	 
	Date:                                                             
	 
	 

Schedule A 
to Management Performance Share Agreement 
	
																	
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	Table 1
	 
	Table 2

	Company Change in Annual
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	Net Operating Income
	 
	First Percentage (Averaged
	 
	Index Proportionate Total
	 
	 

	Available to Common
	 
	For Each Year of
	 
	Shareholder Return
	 
	 

	Shareholders Percentile
	 
	Performance Period) For
	 
	subtracted from Company
	 
	Second Percentage For

	Relative to Other Companies
	 
	Purposes of Determining
	 
	Proportionate Total
	 
	Purposes of Determining

	in the Index
	 
	Performance Factor*
	 
	Shareholder Return
	 
	Performance Factor*

	 
	 
	 
	0-24
	 
	 
	 
	0
	 
	 
	-26.0% or less
	 
	 
	0
	 

	 
	 
	 
	25
	 
	 
	 
	25
	 
	 
	 
	-25.0
	%
	 
	 
	25
	 

	 
	 
	 
	26
	 
	 
	 
	26
	 
	 
	 
	-24.0
	%
	 
	 
	26
	 

	 
	 
	 
	27
	 
	 
	 
	27
	 
	 
	 
	-23.0
	%
	 
	 
	27
	 

	 
	 
	 
	28
	 
	 
	 
	28
	 
	 
	 
	-22.0
	%
	 
	 
	28
	 

	 
	 
	 
	29
	 
	 
	 
	29
	 
	 
	 
	-21.0
	%
	 
	 
	29
	 

	 
	 
	 
	30
	 
	 
	 
	30
	 
	 
	 
	-20.0
	%
	 
	 
	30
	 

	 
	 
	 
	31
	 
	 
	 
	31
	 
	 
	 
	-19.0
	%
	 
	 
	31
	 

	 
	 
	 
	32
	 
	 
	 
	32
	 
	 
	 
	-18.0
	%
	 
	 
	32
	 

	 
	 
	 
	33
	 
	 
	 
	33
	 
	 
	 
	-17.0
	%
	 
	 
	33
	 

	 
	 
	 
	34
	 
	 
	 
	34
	 
	 
	 
	-16.0
	%
	 
	 
	34
	 

	 
	 
	 
	35
	 
	 
	 
	35
	 
	 
	 
	-15.0
	%
	 
	 
	35
	 

	 
	 
	 
	36
	 
	 
	 
	36
	 
	 
	 
	-14.0
	%
	 
	 
	36
	 

	 
	 
	 
	37
	 
	 
	 
	37
	 
	 
	 
	-13.0
	%
	 
	 
	37
	 

	 
	 
	 
	38
	 
	 
	 
	38
	 
	 
	 
	-12.0
	%
	 
	 
	38
	 

	 
	 
	 
	39
	 
	 
	 
	39
	 
	 
	 
	-11.0
	%
	 
	 
	39
	 

	 
	 
	 
	40
	 
	 
	 
	40
	 
	 
	 
	-10.0
	%
	 
	 
	40
	 

	 
	 
	 
	41
	 
	 
	 
	41
	 
	 
	 
	-9.0
	%
	 
	 
	41
	 

	 
	 
	 
	42
	 
	 
	 
	42
	 
	 
	 
	-8.0
	%
	 
	 
	42
	 

	 
	 
	 
	43
	 
	 
	 
	43
	 
	 
	 
	-7.0
	%
	 
	 
	43
	 

	
																	
	 
	 
	 
	44
	 
	 
	 
	44
	 
	 
	 
	-6.0
	%
	 
	 
	44
	 

	 
	 
	 
	45
	 
	 
	 
	45
	 
	 
	 
	-5.0
	%
	 
	 
	45
	 

	 
	 
	 
	46
	 
	 
	 
	46
	 
	 
	 
	-4.0
	%
	 
	 
	46
	 

	 
	 
	 
	47
	 
	 
	 
	47
	 
	 
	 
	-3.0
	%
	 
	 
	47
	 

	 
	 
	 
	48
	 
	 
	 
	48
	 
	 
	 
	-2.0
	%
	 
	 
	48
	 

	 
	 
	 
	49
	 
	 
	 
	49
	 
	 
	 
	-1.0
	%
	 
	 
	49
	 

	 
	 
	 
	50
	 
	 
	 
	50
	 
	 
	 
	0.0
	%
	 
	 
	50
	 

	 
	 
	 
	51
	 
	 
	 
	52
	 
	 
	 
	1.2
	%
	 
	 
	52
	 

	 
	 
	 
	52
	 
	 
	 
	54
	 
	 
	 
	2.4
	%
	 
	 
	54
	 

	 
	 
	 
	53
	 
	 
	 
	56
	 
	 
	 
	3.6
	%
	 
	 
	56
	 

	 
	 
	 
	54
	 
	 
	 
	58
	 
	 
	 
	4.8
	%
	 
	 
	58
	 

	 
	 
	 
	55
	 
	 
	 
	60
	 
	 
	 
	6.0
	%
	 
	 
	60
	 

	 
	 
	 
	56
	 
	 
	 
	62
	 
	 
	 
	7.2
	%
	 
	 
	62
	 

	 
	 
	 
	57
	 
	 
	 
	64
	 
	 
	 
	8.4
	%
	 
	 
	64
	 

	 
	 
	 
	58
	 
	 
	 
	66
	 
	 
	 
	9.6
	%
	 
	 
	66
	 

	 
	 
	 
	59
	 
	 
	 
	68
	 
	 
	 
	10.8
	%
	 
	 
	68
	 

	 
	 
	 
	60
	 
	 
	 
	70
	 
	 
	 
	12.0
	%
	 
	 
	70
	 

	 
	 
	 
	61
	 
	 
	 
	72
	 
	 
	 
	13.2
	%
	 
	 
	72
	 

	 
	 
	 
	62
	 
	 
	 
	74
	 
	 
	 
	14.4
	%
	 
	 
	74
	 

	 
	 
	 
	63
	 
	 
	 
	76
	 
	 
	 
	15.6
	%
	 
	 
	76
	 

	 
	 
	 
	64
	 
	 
	 
	78
	 
	 
	 
	16.8
	%
	 
	 
	78
	 

	 
	 
	 
	65
	 
	 
	 
	80
	 
	 
	 
	18.0
	%
	 
	 
	80
	 

	 
	 
	 
	66
	 
	 
	 
	82
	 
	 
	 
	19.2
	%
	 
	 
	82
	 

	 
	 
	 
	67
	 
	 
	 
	84
	 
	 
	 
	20.4
	%
	 
	 
	84
	 

	 
	 
	 
	68
	 
	 
	 
	86
	 
	 
	 
	21.6
	%
	 
	 
	86
	 

	 
	 
	 
	69
	 
	 
	 
	88
	 
	 
	 
	22.8
	%
	 
	 
	88
	 

	
																	
	 
	 
	 
	70
	 
	 
	 
	90
	 
	 
	 
	24.0
	%
	 
	 
	90
	 

	 
	 
	 
	71
	 
	 
	 
	92
	 
	 
	 
	25.2
	%
	 
	 
	92
	 

	 
	 
	 
	72
	 
	 
	 
	94
	 
	 
	 
	26.4
	%
	 
	 
	94
	 

	 
	 
	 
	73
	 
	 
	 
	96
	 
	 
	 
	27.6
	%
	 
	 
	96
	 

	 
	 
	 
	74
	 
	 
	 
	98
	 
	 
	 
	28.8
	%
	 
	 
	98
	 

	 
	 
	 
	75-99
	 
	 
	 
	100
	 
	 
	30.0% or greater
	 
	 
	100
	 

 
	
			
	 
	 
	 

	*
	 
	First percentage is determined for each calendar year of the Performance Period and averaged, and added to second percentage. The total is multiplied by 0.75 if the Total Shareholder Return of the Company is zero percent or less, and then multiplied by the number of Performance Shares granted to determine the number of Final Performance Shares. See Section 1 of this Agreement.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00254-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00254-of-00352.parquet"}]]