Document:

EX-10.1

 Exhibit 10.1 

 
 

 
 EFI 2013 Section 16 Officer - Executive Performance Bonus Program 

We are pleased to offer you participation in the EFI 2013 Executive Performance Bonus Program (the “Program”) on the terms set forth
below. 
 Each participant (the “Participant”) in the Program will, provided that the Participant remains employed by EFI
through the date of grant of such awards, be granted an award of restricted stock units that is subject to vesting requirements based on the performance of Electronics For Imaging, Inc. (“EFI” or the “Company”) for
2013 and the Participant’s continued employment as set forth below. In addition, each Participant has an opportunity to earn a cash accelerator bonus based upon the performance of the Company for 2013 and the Participant’s continued
employment as set forth below. 
 Performance Equity Bonus Terms 

 

	 	•	 	 Per the approval by the Company’s Compensation Committee (the “Compensation Committee”) and subject to your continued employment
with the Company through the date of grant, you will be granted two performance-based restricted stock unit (“RSU”) awards with respect to the Program. The first RSU award will be subject to vesting based on the Company’s
non-GAAP operating income (also referred to as “operating earnings”) for 2013 and your continued employment as set forth below (“Operating Income RSUs”). The second RSU award will be eligible to vest based on the
Company’s revenue for 2013 and your continued employment as set forth below (“Revenue RSUs”). In addition, no portion of the Revenue RSUs will vest if the RSU threshold operating income goal isn’t achieved for 2013.

  

	 	•	 	 The total number of RSUs that you will be granted will equal your “Equity Bonus Eligibility” amount (expressed in U.S. Dollars) set forth
below, divided by the closing price of EFI’s common stock on February 15, 2013. Fifty percent (50%) of your total RSUs will be Operating Income RSUs and fifty percent (50%) of your total RSUs will be Revenue RSUs, in each case
rounded down to the nearest whole share. 

  

	 	•	 	 The RSUs will be granted under and will be subject to the terms and conditions of EFI’s 2009 Equity Incentive Award Plan, as amended (the
“2009 Equity Plan”) and the Restricted Stock Unit Award Notice and Restricted Stock Unit Award Agreement used by EFI to evidence RSU awards granted under the 2009 Equity Plan, except as otherwise expressly set forth herein. Each RSU
Award will have a grant date that is the grant date that the Compensation Committee approves such award (the “Grant Date”). The RSU awards are also subject to the individual and other share limits of the 2009 Plan.

  

	 	•	 	 The Compensation Committee will meet during the first quarter of 2014 (and in all events not later than March 10, 2014) to determine whether (and
the extent to which) the performance conditions applicable to the RSUs were achieved for 2013 (the date on which the Compensation Committee makes such determination is referred to as the “Determination Date”). Subject to your
continued employment by the Company through the applicable vesting date, if the Compensation Committee determines that the applicable performance condition related to the RSUs was achieved for 2013, the related RSUs will vest (the “Vesting
Date”) on the later of (1) the first anniversary of the Grant Date or (2) the Determination Date; provided that the Vesting Date will not occur later than March 10, 2014 and payment of any vested RSUs will be made by
March 15, 2014. In the event any performance condition applicable to an RSU isn’t satisfied, the RSU will be deemed to have been forfeited. 

 Performance Cash Accelerator Bonus Terms 
  

	 	•	 	 Your “target” cash accelerator bonus opportunity for 2013 is set forth below. 

 

	 	•	 	 Subject to approval by the Compensation Committee and further subject to your continued employment by the Company through the Vesting Date applicable
to your RSU awards referred to above, your cash accelerator bonus for 2013 will be based on your target cash accelerator bonus opportunity and the Company’s performance for 2013 against non-GAAP operating income and revenue goals as set forth
below. In addition, in no event will you be entitled to any cash accelerator bonus for 2013 if both the Cash Accelerator Bonus threshold operating income and the Cash Accelerator Bonus threshold revenue for the Company are not achieved for
2013, as set forth below. 

  

	
	Page 1 of 4

	 	•	 	 On the Determination Date referred to above, the Compensation Committee will also determine whether (and the extent to which) the performance
conditions applicable to your cash accelerator bonus opportunity were achieved for 2013. Any cash accelerator bonus payment due to you for 2013 will be paid promptly after the Vesting Date of your RSU awards granted with respect to this Program, and
in all events by March 15, 2014. Payment will be subject to applicable tax withholding. 

 Performance Targets and
Equity and Cash Accelerator Target Bonus 
 Your Equity Bonus Eligibility amount and Target Cash Bonus Opportunity are set forth below.

 Equity Bonus Eligibility: $ 
 Target
Cash Bonus Opportunity: $ 
 The performance goals applicable to your RSUs and cash bonus opportunity are set forth below. In no event will any
portion of your RSUs vest unless the RSU threshold level of operating income set forth below is achieved by the Company in 2013. In no event will you be entitled to any portion of your cash accelerator bonus opportunity unless both the cash
accelerator bonus threshold level of revenue and the cash accelerator bonus threshold level of operating income set forth below are achieved by the Company in 2013. 

 

																	
	 Performance Metric
	  	RSU
Threshold	 	  	RSU Target	 	  	Cash Accelerator
Threshold	 	  	Cash 
Accelerator
Target	 
	 Revenue (millions)
	  	$	        	  	  	$	        	  	  	$	        	  	  	$	        	  
	 Non-GAAP Operating Income (millions)
	  	$	        	  	  	$	        	  	  	$	        	  	  	$	        	  

 If the RSU threshold levels are satisfied, the number of Revenue RSUs that will vest will be determined on a pro-rata
basis based on the Company’s achieved revenue for 2013 as certified by the Compensation Committee, between the RSU threshold revenue level set forth above and the RSU target revenue level set forth above (with 50% vesting at the threshold
level, 75% vesting at the midpoint between the threshold level and the target and 100% vesting at the target level). If the RSU operating income threshold level is satisfied (regardless of whether the RSU revenue threshold level is satisfied), the
number of Operating Income RSUs that will vest will be determined on a pro-rata basis based on the Company’s achieved operating income for 2013 as certified by the Compensation Committee, between the RSU threshold operating income level and the
RSU target operating income level set forth above (with 50% vesting at the threshold level, 75% vesting at the midpoint between the threshold level and the target and 100% vesting at the target level). If both cash bonus threshold levels are
satisfied, the amount of your cash accelerator bonus will be determined 50% (50% of your target cash accelerator bonus amount) on a pro-rata basis based on the Company’s achieved revenue for 2013 as certified by the Compensation Committee,
between the cash accelerator bonus threshold revenue level and the cash accelerator bonus target revenue level set forth above (with no portion paid at the threshold level, 50% of such 50% portion of your cash accelerator bonus opportunity paid at
the midpoint between the threshold level and the target and 100% of such 50% portion of your cash accelerator bonus opportunity paid at the target level) and 50% (50% of your target cash accelerator bonus amount) on a pro-rata basis based on the
Company’s achieved operating income for 2013 as certified by the Compensation Committee, between the cash accelerator bonus threshold operating income level set forth above and the cash accelerator bonus target operating income level set forth
above (with no portion paid at the threshold level, 50% of such 50% portion of your cash accelerator bonus opportunity paid at the midpoint between the threshold level and the target and 100% of such 50% portion of your cash accelerator bonus
opportunity paid at the target level). In addition, the Committee has the discretion to decrease (but not increase) the amount of the cash accelerator bonus (if any) payable related to revenue in the event that such revenue is not, in the
Committee’s judgment, delivering appropriate levels of profitability. In each case, vesting remains subject to the continued employment requirements. 
 Non-GAAP Operating Income – is defined as operating income determined in accordance with GAAP, as adjusted to remove the impact of certain recurring and non-recurring expenses and the tax
effect of these adjustments. 
 Maximum Award - In no event shall any RSU award vest with respect to more than 100% of the RSUs subject
to such award. In no event will more than 100% of your target cash accelerator bonus become payable. 

  

	
	Page 2 of 4

 Adjustments - The Committee shall, to the extent it determines appropriate in order to preserve the
intended incentives, adjust (1) the performance thresholds and targets set forth above to mitigate the unbudgeted impact of material, unusual or nonrecurring gains and losses, the financial statement impact of changes in capital structure,
mergers, acquisitions, dispositions, and similar transactions, and changes in applicable accounting rules, and/or (2) or the calculation of the 2013 Company’s performance metric in order to more properly reflect the Company’s actual
performance against the thresholds and targets to mitigate for items such as currency fluctuations or backlogs. 
 Other Terms

 Termination of Employment 

Except as may otherwise be expressly provided below, in the applicable Restricted Stock Unit Award Notice and Restricted Stock Unit Award Agreement (as to
RSUs), or your written employment agreement (if any) with the Company, you will have no right to any cash accelerator bonus for 2013 and no right to any payment with respect to your RSUs (and your RSUs will automatically and immediately terminate)
should you cease to be employed by the Company or one of its subsidiaries before the Vesting Date set forth above (regardless of the reason for such termination of employment). 
 Notwithstanding anything to the contrary in the applicable Restricted Stock Unit Award Notice and Restricted Stock Unit Award Agreement or your written employment agreement (if any) with the Company, if
you are involuntarily terminated Without Cause or are terminated for Good Reason outside of a Change of Control (as these terms are defined in the applicable employment agreement), you will be eligible for (i) pro-rata vesting of your RSUs
related to this Program and (ii) a pro-rata payment of your 2013 cash accelerator bonus. The pro-rata RSU vesting and pro-rata bonus will be determined with respect to the number of RSUs that would have vested and amount of cash accelerator
bonus that would have been payable under this Program, respectively, had your employment continued through the Vesting Date, in each case multiplied by a fraction (x) the numerator of which is the number of whole months you were employed by the
Company during 2013, and (y) the denominator of which is twelve. Payment of such pro-rata amounts will be made at the same time that payment would have been made had you continued to be employed through the Vesting Date. In the event that you
are entitled to a pro-rata payment of your RSUs, payment will be made in cash (as opposed to shares or other property) with the cash payment in respect of a vested RSU to equal (subject to applicable tax withholding) the closing price of a share of
EFI common stock on the Determination Date. 
 With respect to any RSUs granted under this Program, in the event of any conflict between your
employment agreement and the provisions regarding acceleration of performance equity outside of a Change of Control and this Program, this Program shall control. 
 No Right to Continued Employment 
 Nothing contained in this Program, the RSUs, or any
related document constitutes an employment or service commitment by the Company (or any affiliate), affects your status (if you are employed at will) as an employee at will who is subject to termination at any time and for any reason, confers upon
you any right to remain employed by or in service to the Company (or any affiliate), or interferes in any way with the right of the Company (or any affiliate) to terminate your employment or to change your compensation or other terms of employment
at any time. 
 Administration 

The Compensation Committee will administer this Program. The Compensation Committee has the authority to construe and interpret this Program and any
agreement or other document relating to this Program. All actions taken and all interpretations and determinations made by the Compensation Committee in respect of such documents and matters shall be conclusive and binding on all persons and shall
be given the maximum deference permitted by law. 
 Amendment 
 This Program may not be amended other than in writing signed by an authorized officer of the Company, upon approval of the Compensation Committee, as required. 

Clawback Policy 
 This Program, the RSU
Awards, any securities or other consideration you may receive in payment of or with respect to the RSU Awards, as well as any cash bonus or bonus opportunity under this Program, is subject to the terms of the EFI recoupment, clawback or similar
policy as it may be in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain circumstances require repayment or forfeiture of your bonus, awards or any shares of stock or other cash or property
received with respect to your bonus or awards (including any value received from a disposition of any shares of stock you may receive in payment of the RSU Awards). 

  

	
	Page 3 of 4

 Construction 
 The RSU Awards and cash accelerator bonus contemplated above are intended as qualified performance-based compensation within the meaning of Section 162(m) of the Internal Revenue Code. This Program,
the RSU Awards, and the cash bonus opportunities contemplated above are also intended to satisfy, and not be subject to any tax, penalty or interest under, Section 409A of the Internal Revenue Code. These arrangements shall be construed in
accordance with such intents. 
 I have read and understand the terms of this Program and the documents referred to herein and agree to
abide by these terms and the terms of such other documents. 
  

					
	  

Participant Name            
	    	  

                Date
	  	

  

	
	Page 4 of 4Ex-4.2

 EXHIBIT 4.2 
 METLIFE, INC., 
 ISSUER 

AND 
 BANK ONE
TRUST COMPANY, N.A., 
 TRUSTEE 
  

 
 FOURTH
SUPPLEMENTAL INDENTURE 
 DATED AS OF DECEMBER 10, 2002 

 
  

$600,000,000 

6.50% SENIOR NOTES 

DUE DECEMBER 15, 2032 

 TABLE OF CONTENTS (1) 

ARTICLE I 
 6.50%
SENIOR NOTES DUE DECEMBER 15, 2032 
  

					
	 SECTION 1.01 Establishment
	  	 	3	  
	 SECTION 1.02 Definitions
	  	 	4	  
	 SECTION 1.03 Payment of Principal and Interest
	  	 	4	  
	 SECTION 1.04 Denominations
	  	 	5	  
	 SECTION 1.05 Global Securities
	  	 	5	  
	 SECTION 1.06 Transfer
	  	 	6	  
	 SECTION 1.07 Defeasance
	  	 	6	  
	 SECTION 1.08 Redemption at the Option of the Company
	  	 	6	  
		
	ARTICLE II	  			
		
	MISCELLANEOUS PROVISIONS	  			
	 SECTION 2.01 Recitals by the Company
	  	 	7	  
	 SECTION 2.02 Ratification and Incorporation of Original Indenture
	  	 	8	  
	 SECTION 2.03 Executed in Counterparts
	  	 	8	  

  

	(1)	This Table of Contents does not constitute part of the Fourth Supplemental Indenture and shall not have any bearing upon the interpretation of any of its terms or
provisions. 

  
 2 

 THIS FOURTH SUPPLEMENTAL INDENTURE is made as of the 10th day of December, 2002, by and
between METLIFE, INC., a Delaware corporation (the “Company”), and Bank One Trust Company, N.A., a national banking corporation, as trustee (the “Trustee”): 

WHEREAS, the Company has heretofore entered into an Indenture, dated as of November 9, 2001 (the “Original Indenture”)
with the Trustee; 
 WHEREAS, the Original Indenture is incorporated herein by this reference and the Original Indenture, as
supplemented by this Fourth Supplemental Indenture, is herein called the “Indenture”; 
 WHEREAS, under the Original
Indenture, a new series of senior notes may at any time be established by the Board of Directors of the Company in accordance with the provisions of the Original Indenture and the terms of such series may be described by a supplemental indenture
executed by the Company and the Trustee; 
 WHEREAS, the Company proposes to create under the Indenture a new series of senior
notes; 
 WHEREAS, additional senior notes of other series hereafter established, except as may be limited in the Original
Indenture as at the time supplemented and modified, may be issued from time to time pursuant to the Indenture as at the time supplemented and modified; and 
 WHEREAS, all things necessary to make this Fourth Supplemental Indenture a valid agreement of the Company, in accordance with its terms, have been done. 

NOW THEREFORE, in consideration of the agreements and obligations set forth herein and for other good and valuable consideration, the
sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 
 ARTICLE I 

6.50% SENIOR NOTES DUE DECEMBER 15, 2032 
 SECTION 1.01. Establishment. 
 There is hereby established a new series of senior
notes to be issued under the Indenture, to be designated as the Company’s 6.50% Senior Notes due December 15, 2032 (the “2032 Senior Notes”). 

  
 3 

 There are to be authenticated and delivered 2032 Senior Notes, initially limited in
aggregate principal amount of $600,000,000, and no further 2032 Senior Notes shall be authenticated and delivered except as provided by Section 2.05, 2.07, 2.11, 3.03 or 9.04 of the Original Indenture; provided, however, that the aggregate
principal amount of the 2032 Senior Notes may be increased in the future, without the consent of the holders of the 2032 Senior Notes, on the same terms and with the same CUSIP and ISIN numbers as the 2032 Senior Notes. The 2032 Senior Notes shall
be issued in fully registered form. 
 The 2032 Senior Notes shall be issued in the form of one or more Global Securities in
substantially the form set out in Exhibit A hereto. The Depositary with respect to the 2032 Senior Notes shall be The Depository Trust Company. 
 The form of the Trustee’s Certificate of Authentication for the 2032 Senior Notes shall be substantially in the form set forth in Exhibit B hereto. 

Each 2032 Senior Note shall be dated the date of authentication thereof and shall bear interest from the date of original issuance
thereof or from the most recent Interest Payment Date to which interest has been paid or duly provided for. 
 SECTION 1.02. Definitions.

 The following defined terms used herein shall, unless the context otherwise requires, have the meanings specified below.
Capitalized terms used herein for which no definition is provided herein shall have the meanings set forth in the Original Indenture. 
 “Interest Payment Date” means June 15 and December 15 of each year, commencing June 15, 2003. 
 “Original Issue Date” means December 10, 2002. 
 “Regular
Record Date” means, with respect to each Interest Payment Date, the close of business on the preceding June 1 or December 1, as the case may be. 
 “Stated Maturity” means December 15, 2032. 
 SECTION 1.03. Payment of Principal and
Interest. 
 The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032
Senior Notes shall bear interest at the rate of 6.50% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032
Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so
punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. 

  
 4 

 Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding
the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032
Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be
made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. 
 Payment of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal
of and interest on the 2032 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any
Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or
(ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto. 

SECTION 1.04. Denominations. 

The 2032 Senior Notes may be issued in denominations of $1,000, or any integral multiple thereof. 

SECTION 1.05. Global Securities. 

The 2032 Senior Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee.
Except under the limited circumstances described below, 2032 Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, 2032 Senior Notes in definitive form. The Global Securities described
above may not be transferred except by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or to a successor Depositary or its nominee. 

Owners of beneficial interests in such Global Securities will not be considered the holders thereof for any purpose under the Indenture,
and no Global Security representing a 2032 Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its
nominee. The rights of holders of such Global Securities shall be exercised only through the Depositary. 
 A Global Security
shall be exchangeable for 2032 Senior Notes registered in the names of Persons other than the Depositary or its nominee only as provided by Section 2.11(c) of the Original Indenture. Any Global Security that is exchangeable pursuant to the
preceding sentence shall be exchangeable for 2032 Senior Notes registered in such names as the Depositary shall direct. 

  
 5 

 SECTION 1.06. Transfer. 
 No service charge will be made for any registration of transfer or exchange of 2032 Senior Notes, but payment will be required of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection therewith. 
 SECTION 1.07. Defeasance. 
 The provisions of Sections 13.02 and 13.03 of the Original Indenture will apply to the 2032 Senior Notes. 
 SECTION 1.08. Redemption at the Option of the Company. 
 The 2032 Senior Notes will
be redeemable, in whole or in part, at the option of the Company at any time (a “Redemption Date”), at a redemption price (the “Redemption Price”) equal to the greater of (i) 100% of the principal amount of the 2032 Senior
Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal and interest on the 2032 Senior Notes to be redeemed, not including any portion of the payments of interest accrued
as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, plus 20 basis points; plus in each case, accrued and unpaid interest on the 2032
Senior Notes to be redeemed to such Redemption Date. 
 “Treasury Rate” means the rate per year equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption
Date. The Treasury Rate shall be calculated on the third Business Day preceding the Redemption Date. 
 “Comparable
Treasury Issue” means the United States Treasury security selected by the Independent Investment Banker as having a maturity comparable to the remaining term of the 2032 Senior Notes to be redeemed that would be utilized, at the time of
selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the 2032 Senior Notes. 

“Independent Investment Banker” means either Merrill Lynch, Pierce, Fenner & Smith Incorporated or Wachovia
Securities, Inc., as specified by the Company, and any successor firm or, if such firm is unwilling or unable to select the Comparable Treasury Issue, an independent investment banking institution of national standing appointed by the Trustee after
consultation with the Company. 

  
 6 

 “Comparable Treasury Price” means with respect to any Redemption Date for the 2032
Senior Notes (1) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest such Reference Treasury Dealer Quotations, or (2) if the Trustee obtains fewer than five such
Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Reference Treasury Dealer” means each of
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wachovia Securities, Inc. and three other primary U.S. government securities dealers (each a “Primary Treasury Dealer”), as specified by the Company; provided that (1) if
any of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wachovia Securities, Inc. or any Primary Treasury Dealer as specified by the Company shall cease to be a Primary Treasury Dealer, the Company will substitute therefor another
Primary Treasury Dealer and (2) if the Company fails to select a substitute within a reasonable period of time, then the substitute will be a Primary Treasury Dealer selected by the Trustee after consultation with the Company. 

“Reference Treasury Dealer Quotations” means, with respect to the Reference Treasury Dealer and any Redemption Date, the
average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m.,
New York City time, on the third Business Day preceding such Redemption Date. 
 Notwithstanding Section 3.02 of the
Original Indenture, the notice of redemption with respect to the foregoing redemption need not set forth the Redemption Price but only the manner of calculation thereof. 
 The Company shall notify the Trustee of the Redemption Price with respect to the foregoing redemption promptly after the calculation thereof. The Trustee shall not be responsible for calculating said
Redemption Price. 
 If less than all of the 2032 Senior Notes are to be redeemed, the Trustee shall select the 2032 Senior
Notes or portions of the 2032 Senior Notes to be redeemed by such method as the Trustee shall deem fair and appropriate. The Trustee may select for redemption 2032 Senior Notes and portions of 2032 Senior Notes in amounts of whole multiples of
$1,000. 
 ARTICLE II 
 MISCELLANEOUS PROVISIONS 
 SECTION 2.01. Recitals by the Company. 

The recitals in this Fourth Supplemental Indenture are made by the Company only and not by the Trustee, and all of the provisions
contained in the Original Indenture in respect of the rights, privileges, immunities, powers and duties of the Trustee shall be applicable in respect of the 2032 Senior Notes and of this Fourth Supplemental Indenture as fully and with like effect as
if set forth herein in full. 

  
 7 

 SECTION 2.02. Ratification and Incorporation of Original Indenture. 

As supplemented hereby, the Original Indenture is in all respects ratified and confirmed, and the Original Indenture and this Fourth
Supplemental Indenture shall be read, taken and construed as one and the same instrument. 
 SECTION 2.03. Executed in Counterparts. 

This Fourth Supplemental Indenture may be simultaneously executed in several counterparts, each of which shall be deemed to be an
original, and such counterparts shall together constitute but one and the same instrument. 

  
 8 

 IN WITNESS WHEREOF, each party hereto has caused this instrument to be signed in its name
and behalf by its duly authorized officers, all as of the day and year first above written. 
  

			
	METLIFE, INC.
		
	By:	 	/s/: Anthony J. Williamson
		 	Name: Anthony J. Williamson
		 	Title: SVP and Treasurer

  

			
	BANK ONE TRUST COMPANY, N.A.
		
	By:	 	/s/: Mary R. Fonti
		 	Name: Mary R. Fonti
		 	Title: Vice-President

  
 9 

 EXHIBIT A 
 FORM OF 6.50% SENIOR NOTE DUE DECEMBER 15, 2032 
 THIS NOTE IS A GLOBAL SECURITY
WITHIN THE MEANING OF THE ORIGINAL INDENTURE HEREINAFTER REFERRED TO. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”), A NEW YORK CORPORATION, TO METLIFE, INC. OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO.
OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN. 
 EXCEPT AS OTHERWISE PROVIDED IN SECTION 2.11 OF THE ORIGINAL INDENTURE, THIS NOTE MAY BE TRANSFERRED IN
WHOLE, BUT NOT IN PART, ONLY TO ANOTHER NOMINEE OF DTC OR TO A SUCCESSOR DEPOSITARY OR TO A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
  

					
	No.             	 		  	CUSIP No. 59156R AE 8
		 		  	ISIN No. US59156RAE80
		 		  	

 METLIFE, INC. 
 6.50% Senior Note 
 Due December 15, 2032 

 

			
	Principal Amount:	  	$
		
	Regular Record Date:	  	with respect to each Interest Payment Date, the close of business on the preceding June 1 or December 1, as the case may be
		
	Original Issue Date:	  	December 10, 2002
		
	Stated Maturity:	  	December 15, 2032
		
	Interest Payment Dates:	  	June 15 and December 15, commencing June 15, 2003
		
	Interest Rate:	  	6.50% per year
	Authorized Denomination:	  	$1,000

  
 10 

 MetLife, Inc., a Delaware corporation (the “Company,” which term includes any
successor corporation under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to CEDE & CO., or registered assigns, the principal sum of
             ($            ) on the Stated Maturity shown above, and to pay interest thereon from the Original
Issue Date shown above, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on each Interest Payment Date as specified above, commencing on June 15, 2003, and on the
Stated Maturity at the rate per year shown above until the principal hereof is paid or made available for payment and on any overdue principal and on any overdue installment of interest to the extent permitted by law. The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date (other than an Interest Payment Date that is the Stated Maturity) will, as provided in the Indenture, be paid to the Person in whose name this Note is registered at the close of
business on the Regular Record Date as specified above next preceding such Interest Payment Date, provided that any interest payable at Stated Maturity will be paid to the Person to whom principal is payable. Any such interest that is not so
punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. 

Payments of interest on this Note will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments
for this Note shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on this Note is not a Business Day, then payment of the interest payable on such date
will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, payment shall be made on the immediately preceding Business Day, in each case with the same force and effect
as if made on the date the payment was originally payable. 
 Payment of the principal of and interest due at the Stated
Maturity of this Note shall be made upon surrender of this Note at the Corporate Trust Office of the Trustee. The principal of and interest on this Note shall be paid in such coin or currency of the United States of America as at the time of payment
is legal tender for payment of public and private debts. Payment of interest (including interest on an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the
address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee
at least 15 days prior to the date for payment by the Person entitled thereto. 
 The Senior Notes (as defined on the reverse
hereof) will be senior unsecured obligations of the Company and will rank equally in right of payment with all of the other senior unsecured and unsubordinated indebtedness of the Company from time to time outstanding. The Senior Notes will rank
senior to any subordinated indebtedness of the Company. 

  
 11 

 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS NOTE SET FORTH ON THE REVERSE
HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the
certificate of authentication hereon has been executed by the Trustee by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

  
 12 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed under its
corporate seal. 
  

			
	 METLIFE, INC.

		
	By:	 	 
		 	Name:
		 	Title:

  

			
	Attest:
		
		 	 
		 	Name:
		 	Title:

 [Seal of MetLife, Inc.] 
 CERTIFICATE OF AUTHENTICATION 
 This is one of the 6.50% Senior Notes due
December 15, 2032 referred to in the within-mentioned Indenture. 
  

			
	 BANK ONE TRUST COMPANY, N.A.,
 as Trustee

		
	By:	 	 
		 	Authorized Officer

  
 13 

 (Reverse Side of Note) 

This Note is one of a duly authorized issue of senior notes of the Company issued and issuable in one or more series under an Indenture
dated as of November 9, 2001 (the “Original Indenture”), as supplemented by the Fourth Supplemental Indenture, dated as of December 10, 2002 (the “Fourth Supplemental Indenture,” and together with the Original
Indenture, the “Indenture”), between the Company and Bank One Trust Company, N.A., as Trustee (the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures incidental
thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the holders of the Senior Notes issued thereunder and of the terms upon which said
Senior Notes are, and are to be, authenticated and delivered. This Senior Note is one of the series designated on the face hereof as 6.50% Senior Notes due December 15, 2032 (the “Senior Notes”), initially limited in aggregate
principal amount of $600,000,000; provided, however, that the aggregate principal amount of the Senior Notes may be increased in the future, without the consent of the holders of the Senior Notes, on the same terms and with the same CUSIP and ISIN
numbers as the Senior Notes. Capitalized terms used herein for which no definition is provided herein shall have the meanings set forth in the Indenture. 
 This Note is exchangeable in whole or from time to time in part for Senior Notes of this series in definitive registered form only as provided herein and in the Indenture. If (i) at any time the
Depositary notifies the Company that it is unwilling or unable to continue as Depositary for this Note or if at any time the Depositary shall no longer be registered or in good standing under the Securities Exchange Act of 1934, as amended, or other
applicable statute or regulation, and the Company does not appoint a successor Depositary within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, or (ii) the Company in its sole discretion
determines that this Note shall be exchangeable for Senior Notes of this series in definitive registered form and executes and delivers to the Security Registrar a written order of the Company providing that this Note shall be so exchangeable, this
Note shall be exchangeable for Senior Notes of this series in definitive registered form, provided that the definitive Senior Notes so issued in exchange for this Note shall be in denominations of $1,000 and any integral multiples, without coupons,
and be of like aggregate principal amount and tenor as the portion of this Note to be exchanged. Except as provided above, owners of beneficial interests in this Note will not be entitled to have Senior Notes registered in their names, will not
receive or be entitled to physical delivery of Senior Notes in definitive registered form and will not be considered the holders thereof for any purpose under the Indenture. Neither the Company, the Trustee, any Paying Agent nor the Security
Registrar shall have any responsibility or liability for any aspect of records relating to or payments made on account of beneficial ownership interests in this Note, or for maintaining, supervising or reviewing any records relating to such
beneficial ownership interests. 
 If an Event of Default with respect to the Senior Notes shall occur and be continuing, the
principal of the Senior Notes may be declared due and payable in the manner, with the effect and subject to the conditions provided in the Indenture. 

  
 14 

 The Indenture permits, with certain exceptions as therein provided, the amendment thereof
and the modification of the rights and obligations of the Company and the rights of the holders of the Senior Notes under the Indenture at any time by the Company and the Trustee with the consent of the holders of not less than a majority in
aggregate principal amount of the Senior Notes at the time Outstanding. The Indenture also contains provisions permitting the holders of specified percentages in principal amount of the Senior Notes at the time Outstanding, on behalf of the holders
of all Senior Notes, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the holder of this Note shall be conclusive and
binding upon such holder and upon all future holders of this Note and of any Senior Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not notation of such consent or waiver is made upon this
Note. 
 The Indenture contains provisions for defeasance at any time of (a) the entire indebtedness of the Company
pursuant to this Note and (b) restrictive covenants and the related Events of Default, upon compliance by the Company with certain conditions set forth therein, which provisions apply to this Note. 

The Senior Notes will be redeemable, in whole or in part, at the option of the Company at any time (a “Redemption Date”), at a
redemption price (the “Redemption Price”) equal to the greater of (i) 100% of the principal amount of the Senior Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments
for principal and interest on the Senior Notes to be redeemed, not including any portion of the payments of interest accrued as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of
twelve 30-day months) at the Treasury Rate, plus 20 basis points; plus in each case, accrued and unpaid interest on the Senior Notes to be redeemed to such Redemption Date. 
 “Treasury Rate” means the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue
(expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date. The Treasury Rate shall be calculated on the third Business Day preceding the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by the Independent Investment Banker as having a
maturity comparable to the remaining term of the Senior Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable
maturity to the remaining term of the Senior Notes. 
 “Independent Investment Banker” means either Merrill Lynch,
Pierce, Fenner & Smith Incorporated or Wachovia Securities, Inc., as specified by the Company, and any successor firm or, if such firm is unwilling or unable to select the Comparable Treasury Issue, an independent investment banking
institution of national standing appointed by the Trustee after consultation with the Company. 

  
 15 

 “Comparable Treasury Price” means with respect to any Redemption Date for the
Senior Notes (1) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest such Reference Treasury Dealer Quotations, or (2) if the Trustee obtains fewer than five such
Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Reference Treasury Dealer” means each of
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wachovia Securities, Inc., and three other primary U.S. government securities dealers (each a “Primary Treasury Dealer”), as specified by the Company; provided that (1) if
any of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wachovia Securities, Inc. or any Primary Treasury Dealer as specified by the Company shall cease to be a Primary Treasury Dealer, the Company will substitute therefor another
Primary Treasury Dealer and (2) if the Company fails to select a substitute within a reasonable period of time, then the substitute will be a Primary Treasury Dealer selected by the Trustee after consultation with the Company. 

“Reference Treasury Dealer Quotations” means, with respect to the Reference Treasury Dealer and any Redemption Date, the
average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m.,
New York City time, on the third Business Day preceding such Redemption Date. 
 Notwithstanding Section 3.02 of the
Original Indenture, the notice of redemption with respect to the foregoing redemption need not set forth the Redemption Price but only the manner of calculation thereof. 
 The Company shall notify the Trustee of the Redemption Price with respect to the foregoing redemption promptly after the calculation thereof. The Trustee shall not be responsible for calculating said
Redemption Price. 
 If less than all of the Senior Notes are to be redeemed, the Trustee will select the Senior Notes or
portions of Senior Notes to be redeemed by such method as the Trustee shall deem fair and appropriate. The Trustee may select for redemption Senior Notes and portions of Senior Notes in amounts of whole multiples of $1,000. 

No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the time, place and rate, and in the coin or currency, herein prescribed. 
 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note is registrable in the Security Register, upon surrender of this Note for 

  
 16 

 
registration of transfer at the office or agency of the Company for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company or the
Security Registrar and duly executed by, the holder hereof or his attorney duly authorized in writing, and thereupon one or more new Senior Notes, of authorized denominations and of like tenor and for the same aggregate principal amount, will be
issued to the designated transferee or transferees. No service charge shall be made for any such exchange or registration of transfer, but the Company will require payment of a sum sufficient to cover any tax or other governmental charge payable in
connection therewith. 
 Prior to due presentment of this Note for registration of transfer, the Company, the Trustee, any
Paying Agent and the Security Registrar of the Company or the Trustee may deem and treat the Person in whose name this Note is registered as the absolute owner hereof for all purposes, whether or not this Note be overdue and notwithstanding any
notice of ownership or writing thereon made by anyone other than the Security Registrar, and neither the Company nor the Trustee nor any Paying Agent nor the Security Registrar shall be affected by notice to the contrary. 

The Senior Notes are issuable only in registered form without coupons in denominations of $1,000 and any integral multiple thereof. As
provided in the Indenture and subject to certain limitations therein set forth, Senior Notes are exchangeable for a like aggregate principal amount of Senior Notes of a different authorized denomination, as requested by the holder surrendering the
same upon surrender of the Senior Note or Senior Notes to be exchanged at the office or agency of the Company. 
 No recourse
shall be had for payment of the principal of or interest on this Note, or for any claim based hereon, or otherwise in respect hereof, or based on or in respect of the Indenture, against any incorporator, stockholder, officer or director, past,
present or future, as such, of the Company or of any predecessor or successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by
the acceptance hereof and as part of the consideration for the issuance hereof, expressly waived and released. 
 Unless the
certificate of authentication hereon has been executed by the Trustee by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

This Note shall be governed by, and construed in accordance with, the internal laws of the state of New York. 

  
 17 

 ABBREVIATIONS 
 The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:

  

					
	TEN COM—as tenants in common under	 		  	UNIF GIFT MIN ACT—Custodian
		 		  	Uniform Gift to Minors Act
			
		 		  	
		 		  	  
 (State)

	TEN  ENT — as tenants by the entireties	 		  	
	 JT TEN  — as joint tenants with right of
	 		  	
	 survivorship and not as
 tenants in common
	 		  	

 Additional abbreviations may also be used 

though not on the above list. 

FOR VALUE RECEIVED, the undersigned hereby sell(s) and transfer(s) unto 
 PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE OF ASSIGNEE 
  

 
  

	
	  

  
  

(please insert Social Security or other identifying number of assignee) 
 the within Note and all rights thereunder, hereby irrevocably constituting and appointing 
  

 
  

 
 agent to transfer said Note on the books of the
Company, with full power of substitution in the premises. 
  

			
	Dated:
                                        
	  	
		  	
		
		  	  

		
		  	  

		  	NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within instrument in every particular without alteration or enlargement, or
any change whatever.

  
 18 

 EXHIBIT B 
 CERTIFICATE OF AUTHENTICATION 
 This is one of the 6.50% Senior Notes due December 15, 2032
referred to in the within-mentioned Indenture. 
  

			
	 BANK ONE TRUST COMPANY, N.A.,
 as Trustee

		
	By:	 	 
		 	Authorized Officer

  
 19

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}]]