Document:

<PAGE>
                                                                 EXHIBIT 10.50

                  THE METLIFE DEFERRED COMPENSATION PLAN FOR OUTSIDE DIRECTORS

                                                                           2003

                                                                          Page 1

<PAGE>

IMPORTANT NOTICES

This Program Description provides an overview of the MetLife Deferred
Compensation Plan for Outside Directors (the "Plan"). It is also the official
plan document that legally governs the Plan. This plan document will govern in
every respect and instance.

MetLife, Inc. will have the obligation to pay amounts deferred under the Plan
from and after January 1, 2003. MetLife, Inc.'s obligations have been registered
under the Securities Act of 1933, as amended. Since this is an unfunded plan,
your rights or claims against assets or property are no greater than those of a
general creditor (see "Liability" on page 7).

The Plan does not constitute a contract for services as a director or otherwise.

This Program Description may be updated from time to time to implement changes
in the Plan. Fund performance data will be updated periodically. These updates
will constitute part of the Prospectus distributed with respect to the Plan.

The Plan Administrator may amend, alter or terminate the Plan in accordance with
its terms at any time and for any reason.

       This document constitutes part of a prospectus covering securities
     that have been registered under the Securities Act of 1933, as amended.
                 The date of this Prospectus is December, 2002.

                                                                          Page 2

<PAGE>

PLAN AT-A-GLANCE

<TABLE>
---------------------------------------------------------------------------------------------
<S>                              <C>
PURPOSE                          To provide eligible directors with the
                                 opportunity to defer their compensation payable
                                 in cash, thereby deferring payment of federal
                                 and most state income taxes.
---------------------------------------------------------------------------------------------
ELIGIBILITY                      Directors of MetLife, Inc. who are not employees
                                 of MetLife, Inc. or any of its affiliates.
---------------------------------------------------------------------------------------------
ELECTION OPTIONS                 -    Deferral percentage

                                 -    Investment tracking funds

                                 -    Distribution date

                                 -    Number of distribution payments
---------------------------------------------------------------------------------------------
ENROLLMENT PERIOD                From date of distribution of this Program
                                 Description through December 31, 2002.
---------------------------------------------------------------------------------------------
CHANGES TO DISTRIBUTION          You may change either or both the date of payment
DATE AND/OR NUMBER OF            (to a later date) and number of payments, but may do
PAYMENTS                         so only once and must do so no later than
                                 12 months prior to the date of payment you originally
                                 selected.
---------------------------------------------------------------------------------------------
INVESTMENT CREDITS               Your deferred compensation account will
                                 be credited with gains and losses reflecting
                                 the performance of the investment tracking
                                 funds you select.
---------------------------------------------------------------------------------------------
CHANGES IN AMOUNTS               None allowed, except for hardship.
DEFERRED
---------------------------------------------------------------------------------------------
INVESTMENT TRACKING              Limited to a total of six times per year for either
FUND CHANGES                     future deferrals or existing account balances.
---------------------------------------------------------------------------------------------
DISTRIBUTION
    -    NUMBER                  Lump-sum payment or up to 15 annual installments.

    -    TIMING                  Upon earlier of 60 days after termination of service
                                 as a director or on a designated future date.

    -    ACCELERATED             Immediate lump-sum payment, 10% penalty.

    -    HARDSHIP                Immediate lump-sum payment (availability strictly limited).
---------------------------------------------------------------------------------------------
TAXES                            Deferred compensation is taxable as ordinary
                                 income at the time of distribution.

                                 Rollover to an IRA, qualified plan or non-
                                 qualified plan is not permitted.
---------------------------------------------------------------------------------------------
BENEFICIARY                      Upon your death, account balance will be paid
                                 to your designated beneficiary.
---------------------------------------------------------------------------------------------
PLAN FUNDING                     The Plan is a non-qualified, unfunded
                                 plan. Account is maintained for record-keeping
                                 purposes only.
---------------------------------------------------------------------------------------------
</TABLE>

                                                                          Page 3

<PAGE>

METLIFE DEFERRED COMPENSATION PLAN FOR OUTSIDE DIRECTORS

The MetLife Deferred Compensation Plan for Outside Directors (the "Plan") allows
eligible directors to defer receiving a portion of their fees for services as
director payable in cash to a later date, thereby deferring payment of federal
and most state income taxes. Participation in the Plan is completely voluntary.

ELIGIBILITY

Members of the Board of Directors of MetLife, Inc. who are not employees of
MetLife, Inc. or any of its affiliates are eligible to participate. In this
Program Description, "you" refers to a director who is eligible to participate
in the Plan.

HOW THE PLAN WORKS

Prior to the year in which your cash fees would have been payable, you may
designate all or a portion of those fees for deferral. If you become eligible to
participate in the Plan prior to October 1 of a given year, you may designate
all or a portion of your cash fees payable in that calendar year by submitting a
deferral election before the earlier of (1) the first meeting for which you earn
fees that you attend; or (2) the thirtieth day after you become eligible to
participate in the Plan. All deferrals are subject to the terms of the Plan,
which are contained in this document.
                                        ----------------------------------------
                                        The MetLife Deferred Compensation Plan
Deferrals begin with the first fees     for Outside Directors is a non-qualified
payable in cash during a calendar year  plan that is unfunded and subject to the
and end with the last fees payable      risks described in this document.
during that calendar year.              Amounts credited to an account are
                                        solely for record-keeping purposes. The
To defer your compensation, you need    Plan is not subject to protection under
to complete a deferral election form    the Employee Retirement Income Security
specifying:                             Act of 1974 (ERISA). See also
                                        "Liability" on page 7.
                                        ----------------------------------------

-        The percentage of your cash fees you want deferred;

-        The investment tracking funds that will be used to adjust the value of
         your deferred compensation account;

-        A future distribution date; and

-        The number of distribution payments.

The form must be submitted within the enrollment period.

Before making your elections, you may wish to consult a tax or personal
financial advisor.

                                                                          Page 4

<PAGE>

TAXES

Deferred compensation is not subject to current taxation under federal and most
state income tax laws.

DEFERRAL AMOUNTS

You may elect to defer all or a portion of your fees payable in cash for
services as a director of MetLife, Inc., including retainer fees, meeting fees,
and committee chairperson fees. If you choose to defer any of your cash fees,
you must defer at least $10,000.

Once you elect your deferral amount, you may not change it except in cases of
extreme hardship as provided in the Plan.

DEFERRED COMPENSATION ACCOUNT

A deferred cash account in your name will be established for record-keeping
purposes. You will receive account statements quarterly.

Your account will be credited at the end of the month in which your deferred
cash fees would otherwise have been paid.

INVESTMENT TRACKING FUNDS

Investment tracking funds are used as a device for adjusting the value of your
account based on fund performance.

Each investment tracking fund reflects the investment returns of the actual fund
or index, which are measured on a daily basis. Gains or losses will be credited
or debited from your account, in effect "mirroring" the performance of the
specified fund or index. Your deferrals will not actually be invested in the
funds. If the aggregate performance of the funds mirrored by the investment
tracking funds you choose is positive, the value of your account will increase;
if it is negative, the value of your account will decrease.

The Plan may be amended in accordance with its terms to eliminate or replace any
investment tracking fund at any time.

You can select for your account one or more of 12 investment tracking funds,
each of which mirrors the performance of one of the following actual funds or
indexes.

                                                                          Page 5

<PAGE>

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------
   ACTIVELY MANAGED FUNDS                         MARKET INDEXES
-------------------------------------------------------------------------------------
<S>                                       <C>
MetLife SIP Fixed Income Fund             S&P 500(R)Index
Lord Abbett Bond Debenture Fund           Russell 2000(R)Index
Oakmark Fund(R)                           Nasdaq Composite(R)Index
MetLife SIP Small Company Stock Fund      MSCI EAFE(R)Index
Oakmark International Fund                Lehman Brothers(R)Aggregate Bond Index
                                          Merrill Lynch US High Yield Master II Index
                                          MSCI EMF Index(SM)
-------------------------------------------------------------------------------------
</TABLE>

Fund allocations must be made in multiples of 5%.

You may change your investment tracking funds - either with regard to future
deferrals or existing account - at any time during the year by contacting Sandra
Lukowsky of Nonqualified Plan Services at (phone) (877) 855-6777, ext. 1, (fax)
(314) 444-0428, or (e-mail) slukowsky@genam.com; however, you may make no more
than six changes per year. You will receive confirmation of your changes shortly
after they are made.

See page 9 for information about the investment tracking funds.

THE DISTRIBUTION DATE

You may choose to have your account paid to you either (1) on a specific date no
less than three years after the year of deferral (for 2003, the date you choose
may not be earlier than 2007), or (2) upon the termination of your service as a
director of MetLife, Inc. eligible under the Plan. If you choose to receive your
account on a specific date, your account will be paid to you at the earlier of
(a) the date you selected, and (b) within 60 days following the termination of
your service as a director.

Once you have designated a distribution date, you cannot change it except as
described below under "Changing the Distribution Date And/Or Number of
Payments."

NUMBER OF PAYMENTS

You may elect to receive your account in either a lump-sum payment or up to 15
annual installments. Each annual installment will be a fraction of the account
balance with one being the numerator and the number of payments remaining being
the denominator. For example, if you elect to receive 10 annual payments, the
first payment is equal to 1/10th of the account balance; the second payment is
equal to 1/9th of the account balance; and so on until final payment is made.
Annual installments will be made during the month of the anniversary of the
event that initiated the first payment.

Payments are subject to deductions in accordance with federal, state and local
tax laws and regulations. Rollover to an IRA, qualified plan or non-qualified
plan is not permitted.

                                                                          Page 6

<PAGE>

CHANGING THE DISTRIBUTION DATE AND/OR NUMBER OF PAYMENTS

You may change either or both of (1) the date you have selected to receive
payment of your deferred compensation, and (2) the number of payments you have
chosen to receive. If you make any such change(s), they must be made at the same
time. You have only one opportunity to make these changes. Any such change(s)
must be made by you at least 12 months before the original date you selected for
payment. If you select a new date for payment, that date must be later than the
date you originally selected.

OTHER PLAN FEATURES

PAYMENT TO BENEFICIARIES

If you die before commencement or completion of distributions, the balance in
your account will be paid as a single lump sum to your beneficiary. If you have
not designated a beneficiary, or your beneficiary dies before you do, your
account will be paid to your surviving spouse or, if you are not married at the
time, to your estate. A domestic partner is not considered a surviving spouse
under the Plan.

You may designate an individual, a trustee or your estate as your beneficiary,
and you may change your beneficiary at any time. Your beneficiary designation
will apply to current and all prior year deferrals under the Plan.

LOANS

No loans may be taken from your account.

HARDSHIP EXCEPTIONS

In cases of extreme hardship, the Plan Administrator may suspend deferrals or
make payments to you, reducing the value of your account. However, the total
amount suspended and advanced cannot exceed the amount required to satisfy the
financial consequences of the hardship and tax withholding requirements.

ACCELERATED DISTRIBUTION

You may take a lump-sum distribution of your account at any time. However, you
will be charged a 10% penalty.

LIABILITY

Deferrals under the Plan are obligations of MetLife, Inc. A Rabbi Trust will
support the deferred compensation accounts under the Plan. The existence of the
trust will not change the unfunded, unsecured nature of the obligations under
the Plan or give you any right or security interest in any assets other than as
a general creditor of MetLife, Inc.

                                                                          Page 7

<PAGE>

ASSIGNMENT

No assignment or pledge of the right to receive the payment of amounts deferred
or any other rights under the Plan may be made.

CHANGE OF CONTROL PROTECTION

You may elect in advance to have your deferred compensation account paid to you
if you end your service as a director within two years after a Change of Control
of MetLife, Inc. For these purposes, the definition of Change of Control in the
MetLife Deferred Compensation Plan for Officers will apply. You will receive a
form to make this election.

PLAN ADMINISTRATOR

The Plan is administered by a Plan Administrator who may establish, amend or
rescind rules and regulations relating to the Plan. The Plan Administrator of
this Plan is also the Plan Administrator of the Metropolitan Life Retirement
Plan for U.S. Employees. The Employee Benefits Committee of the Metropolitan
Life Insurance Company appoints the Plan Administrator of the Retirement Plan,
who serves until such time as the Committee appoints a new Plan Administrator.

The Plan Administrator may amend, modify, suspend, or terminate the Plan at any
time and for any reason, except as otherwise required by law. The Plan
Administrator, however, may not amend, modify or terminate the Plan in a way
that will reduce the amount that has been accrued in your deferred compensation
account prior to the effective date of the amendment, modification or
termination.

The determinations and interpretations of the Plan made by the Plan
Administrator shall be final, binding, and conclusive for all purposes under the
Plan. The Plan Administrator may prescribe forms for participants to take action
authorized or allowed under the Plan and may appoint agents and consult legal
counsel and other professionals to assist in administration of the Plan. The
Plan Administrator may, in his or her sole discretion, adjust the value of a
deferred compensation account on a basis other than as prescribed in deferral or
reallocation elections, including but not limited to the use of investment
tracking funds other than those selected by the participant.

QUESTIONS?

If you have questions, you may contact Sandra Lukowsky of Nonqualified Plan
Services:
Phone: (877) 855-6777, ext. 1
Fax: (314) 444-0428
E-mail: slukowsky@genam.com

                                                                          Page 8

<PAGE>

INVESTMENT TRACKING FUNDS - ADDITIONAL INFORMATION

Each investment tracking fund mirrors the performance of the actual fund or
index it respectively tracks. Following are descriptions and performance data
for the actual funds and indexes.

There is no guarantee that any of the funds will achieve its objectives or
increase in value. Unless you choose the investment tracking fund for the
MetLife SIP Fixed Income Fund, your deferrals may lose value. Each actively
managed fund has investment management fees and/or other expenses associated
with it. The descriptions below are derived from information provided by the
funds.

ACTIVELY MANAGED FUNDS

METLIFE SIP FIXED INCOME FUND: This fund is an individually managed separate
account available under a Metropolitan Life Insurance Company group annuity
contract. The fund seeks to achieve the highest possible current income
consistent with the preservation of capital and predictable growth through a
stable interest rate by investing in Guaranteed Interest Contracts or similar
contracts.

LORD ABBETT BOND DEBENTURE FUND: This fund (the Lord Abbett Bond Debenture
Portfolio of the Met Investor Series Trust) is a mutual fund investment choice
available under various variable insurance contracts issued by Metropolitan Life
Insurance Company and its affiliates. The fund seeks to provide high current
income and the opportunity for capital appreciation to produce a high total
return. Under normal circumstances, the fund invests at least 80% of its net
assets in debt securities. The fund normally invests substantially all of its
assets in high-yield and investment-grade debt securities. It may invest in
convertible securities. Up to 80% of the fund's assets may be invested in
high-yield/high-risk debt securities ("junk bonds"). The fund may also invest up
to 20% of it assets in foreign debt securities. (1), (3)

OAKMARK FUND(R): This fund is a mutual fund and seeks to achieve long-term
capital appreciation following a value style by investing primarily in the
common stocks of U.S. companies. The fund is not designed to provide income.

METLIFE SIP SMALL COMPANY STOCK FUND: This fund is an individually managed
separate account available under a Metropolitan Life Insurance Company group
annuity contract. The fund seeks to achieve long-term growth of capital by
investing in the stocks of smaller U.S. companies with strong growth potential
and to outperform the Russell 2000(R) Growth Index. This index measures the
performance of Russell 2000 companies with higher price-to-book ratios and
higher forecasted growth values with market capitalization under approximately
$1.3 billion.(2)

OAKMARK INTERNATIONAL FUND: This fund is a mutual fund and seeks to achieve
long-term capital appreciation following a value style by investing primarily in
the common stocks of non-U.S. companies in mature markets, less-developed
markets and in selected

                                                                          Page 9

<PAGE>

emerging markets. There are no limits on the geographic asset distribution, but
the fund does not expect to invest more than 35% of its assets in securities in
emerging markets.(3)

MARKET INDEXES

S&P 500(R)INDEX: This index includes some of the 500 largest capitalized stocks
in the U.S. and is widely recognized as a guide to the overall health of the
U.S. stock market. Stocks that are not included among the 500 largest are
included in the index for diversification purposes.

RUSSELL 2000(R)INDEX: This index measures stock performance of 2,000 smaller
U.S. companies with market capitalization under approximately $1.3 billion.(2)

NASDAQ COMPOSITE(R)INDEX: The Nasdaq Composite Index measures all Nasdaq
domestic and international-based common-type stocks listed on the Nasdaq Stock
Market. The Nasdaq Composite includes over 4,000 companies.(3), (4)

MSCI EAFE(R)INDEX: The Morgan Stanley Capital International Europe, Australasia,
Far East Index is a benchmark of the world stock markets, excluding the United
States.(3)

LEHMAN BROTHERS(R) AGGREGATE BOND INDEX: A benchmark index comprised of the
Lehman Brothers Government/Corporate Bond Index, the Lehman Brothers
Mortgage-Backed Securities Index, the Lehman Brothers Asset-Backed Securities
Index and the Lehman Brothers Commercial Mortgage-Backed Securities Index. Fixed
income securities in the index include debt obligations issued or guaranteed by
the U.S. government or its agencies and instrumentalities, debt issued or
guaranteed by U.S. corporations, foreign companies, municipalities, government
and international agencies and mortgage-backed securities.

MERRILL LYNCH US HIGH YIELD MASTER II INDEX: The Merrill Lynch U.S. High Yield
Master II Index tracks the performance of below investment-grade U.S.
dollar-denominated corporate bonds publicly issued in the U.S. domestic
market.(1)

                                                                         Page 10

<PAGE>

MSCI EMF INDEX(SM): The MSCI EMF (Emerging Markets Free) Index is designed to
measure equity market performance in global emerging markets. As of April 2002,
the MSCI EMF Index consisted of the following 26 emerging market country
indices: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt,
Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco,
Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand,
Turkey and Venezuela.(3)

-----------------------
(1) Lower rated high-yield, high-risk securities generally involve more credit
risk. These securities also may be subject to greater market price fluctuations
than lower yielding higher rated debt.

(2) Investments in small capitalization and emerging growth companies involve
greater than average risk. Such securities may have limited marketability and
the issues may have limited product lines, markets and financial resources. The
value of such investments may fluctuate more widely than investments in larger,
more established companies.

(3) International stocks contain additional risks that are not associated with
U.S. domestic issues, such as changes in currency exchange rates, different
governmental regulations, economic conditions and accounting standards.

(4) This index is comprised to a significant degree in technology issues. The
technology industry can be significantly affected by obsolescence, short product
cycles, falling profits and prices, and competition from new market
participants. A choice that is weighted in one sector is more volatile than
those that diversify across many industry sectors.

                                                                         Page 11

<PAGE>

               HISTORIC FUND & INDEX PERFORMANCE BY CALENDAR YEAR
                            As of September 30, 2002

Past performance is not a guarantee of future results. Note: Unit values
fluctuate and amounts received upon distribution may be more or less than
deferrals.

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------
ACTIVELY MANAGED FUNDS                YEAR-TO-DATE       2001      2000       1999        1998
------------------------------------------------------------------------------------------------
<S>                                   <C>              <C>        <C>        <C>        <C>
MetLife SIP Fixed Income Fund(1)          4.31%          7.00%      6.70%      6.45%      6.60%
------------------------------------------------------------------------------------------------
Lord Abbett Bond Debenture Fund(2)       -3.35%         -1.32%     -0.95%     17.82%     -7.51%
------------------------------------------------------------------------------------------------
Oakmark Fund(R)(3)                      -20.39%         18.29%     11.78%    -10.47%      3.73%
------------------------------------------------------------------------------------------------
MetLife SIP Small Company Stock         -20.84%         -9.82%    -11.36%     46.89%     -5.12%
Fund(1)
------------------------------------------------------------------------------------------------
Oakmark International Fund(3)           -16.01%         -5.13%     12.50%     39.47%     -7.01%
------------------------------------------------------------------------------------------------
MARKET INDEXES
------------------------------------------------------------------------------------------------
S&P 500(R)Index(4)                      -28.99%        -11.89%     -9.11%     20.88%     28.46%
------------------------------------------------------------------------------------------------
Russell 2000(R)Index(5)                 -25.84%          2.49%     -3.02%     21.26%     -2.55%
------------------------------------------------------------------------------------------------
Nasdaq Composite(R)Index(5)             -39.91%        -21.05%    -39.29%     85.59%     39.63%
------------------------------------------------------------------------------------------------
MSCI EAFE(R)Index(6)                    -22.33%        -22.33%    -15.52%     25.27%     18.23%
------------------------------------------------------------------------------------------------
Lehman Brothers(R)Aggregate Bond          8.55%          8.44%     11.63%     -0.82%      8.69%
Index(7)
------------------------------------------------------------------------------------------------
Merrill Lynch US High Yield              -8.22%          4.34%     -5.00%      2.51%      2.95%
Master II Index(6)
------------------------------------------------------------------------------------------------
MSCI EMF Index(SM)(6)                   -16.16%         -4.78%    -31.89%     63.70%    -27.52%
------------------------------------------------------------------------------------------------
</TABLE>

-----------------------
(1) MetLife SIP Fixed Income Fund has declared that its rate for 2002 is 5.80%.
Both the MetLife SIP Fixed Income Fund and Small Company Stock Fund are
individually managed separate accounts available under Metropolitan Life
Insurance Company group annuity contracts. All performance is shown net of
investment management fees and other expenses.

(2) The Lord Abbett Bond Debenture Fund (Lord Abbett Bond Debenture Portfolio of
the Met Investors Series Trust) is a mutual fund investment choice available
under various variable insurance contracts issued by Metropolitan Life Insurance
Company and its affiliates. The Loomis Sayles High Yield Bond Portfolio of the
Metropolitan Series Fund was merged into the Lord Abbett Bond Debenture
Portfolio after the close of business on April 26, 2002. Performance for the
Lord Abbett Bond Debenture Portfolio includes performance of the Loomis Sayles
High Yield Bond Portfolio prior to April 27, 2002, and performance of the Lord
Abbett Debenture Portfolio after April 26, 2002. All performance is shown net of
the Lord Abbett Bond Debenture Portfolio's investment management fees and other
expenses.

(3) The Oakmark Fund and the Oakmark International Fund are mutual funds. All
performance is shown net of investment management fees and other expenses.

(4) Performance data for all years are based on the records of Nonqualified Plan
Services (NQPS), except 2001, which is from a public source.

(5) Performance data for 2002 is based on the records of NQPS. All other data
are from public sources.

(6) Performance data are based on the records of NQPS.

(7) Performance data are based on information from a public source.

                                                                         Page 12

<PAGE>

PROSPECTUS INFORMATION

In connection with the obligations of MetLife, Inc. under the Plan, the
following constitute the prospectus meeting the requirements of Section 10(a) of
the Securities Act of 1933, as amended:

1.       The information set forth in this Program Description;

2.       Any other written documents delivered to participants, as permitted,
         updating or revising the information in item 1 above. Those documents
         will contain a legend indicating that they constitute a part of the
         prospectus covering the obligations being offered as permitted by the
         Plan;

3.       Each of the following documents filed by MetLife, Inc. with the
         Securities and Exchange Commission (the "Commission"), which are
         incorporated by reference in this prospectus:

         a)       MetLife, Inc.'s Annual Report on Form 10-K for the year ended
                  December 31, 2001;

         b)       All other reports filed by MetLife, Inc. with the Commission
                  pursuant to Section 13(a) or 15(d) of the Securities Exchange
                  Act of 1934, as amended, since December 31, 2001; and

         c)       All documents subsequently filed by MetLife, Inc. pursuant to
                  Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange
                  Act of 1934, as amended, prior to the filing of a
                  post-effective amendment which indicates that all securities
                  offered have been sold or which de-registers all securities
                  then remaining unsold.

You may obtain a copy of the above filings described in items 1 and 2, at no
cost, by calling Nonqualified Plan Services Web at 1-877-855-6777. Filings
described in item 3 and any other documents MetLife, Inc. provides to its
shareholders may be obtained, at no cost, at www.metlife.com (by clicking on
Investor Relations) or by calling 1-800-649-3593. You may also request copies of
any of the above documents by writing to the MetLife Corporate Secretary, 1
Madison Avenue, New York, NY 10010.

                                                                         Page 13<PAGE>
                                                                 EXHIBIT 10.53

                         METLIFE AUXILIARY PENSION PLAN

Metropolitan Life Insurance Company ("the Company") hereby amends and
consolidates the following plans (also termed "predecessor plans"):

1.       The New Metropolitan Life Auxiliary Retirement Benefits Plan,

2.       The New Metropolitan Life Supplemental Auxiliary Retirement Benefits
         Plan,

3.       The Metropolitan Life Supplemental Retirement Benefits Plan,

4.       The New England Life Insurance Company Select Employee's Supplemental
         Retirement Plan,

5.       The New England Life Insurance Company Supplemental Retirement Plan,
         and

6.       The GenAmerica Corporation Augmented Benefit Plan (only insofar as it
         relates to benefits on compensation that exceeded the limits imposed by
         or upon the GenAmerica Corporation Performance Pension Plan and
         Trust.),

into this successor plan entitled, the MetLife Auxiliary Pension Plan ("the
Plan") effective January 1, 2003.

Article 1.  Purpose of Plan.

The purpose of the Plan is to provide to certain participants employed by the
Company, other employers (each a "Subsidiary") participating under the
Metropolitan Life Retirement Plan for United States Employees ("Retirement
Plan") and their beneficiaries, the excess amount that would have been payable
under the Retirement Plan in the absence of the limitations under (i) section
415 of the Internal Revenue Code of 1986 (as amended) ("Internal Revenue Code"),
(ii) section 401(a)(17) of the Internal Revenue Code, or such lesser limit as in
effect under the Retirement Plan and (iii) section 1.415-2(d)(2) of the Income
tax Regulations, that excludes compensation deferred under the Company's or a
Subsidiary's deferred compensation arrangements.

Article 2.  Participation

A Participant in the Plan is any employee that qualifies under Section 2.1, 2.2
or 2.3 below:

2.1.     A Company or Subsidiary employee participating in the Retirement Plan:

(a)      whose benefits are reduced because of the application of Section
         401(a)(17) of the Internal Revenue Code (or such lesser limit as in
         effect under the Retirement Plan), or,

(a)      whose benefits are reduced because of the application of section 415 of
         the Internal Revenue Code, including Treasury Regulation 1.415-2.

                                                                               1

<PAGE>

shall be eligible to participate in the Plan as stated in all Articles except
Section 4.2 of Article 4 and Article 4A.

2.2.     A Company or Subsidiary employee participating in the Retirement Plan
         who:

(a)      is in a compensation grade of 36 or higher (or an equivalent
         compensation grade), or,

(b)      is a member of the Chairman's Council for 3 consecutive years, or,

(c)      is listed in Appendix A, or,

(d)      has been inducted into the Sales Representative Hall of Fame and has
         attained the age of 65

shall be eligible to participate in the Plan as stated in all Articles.

If an employee is an eligible Participant in the Plan under Section 2.1 of this
Article, and on or after January 1, 1995, he/she qualifies as a Participant
under Section 2.2 of this Article, then the entire benefit that has accrued to
that employee shall be payable as if the employee always qualified as a
Participant under Section 2.2 of this Article. If, after qualifying as a
Participant under Section 2.2 of this Article, an individual's compensation
grade drops below level 36 (or its equivalent), or the individual ceases to
qualify for the Chairman's Council, then that individual shall continue to be
treated as if he or she meets the requirements of Section 2.2 of this Article.

2.3.     A Company or Subsidiary employee participating in the Retirement Plan:

(a)           (i)  who participated and accrued benefits in the New England
                   Life Insurance Company's non-qualified Plans, (named in the
                   first paragraph of this Plan), and,

              (ii) who, on December 31, 2000, was actively employed by New
                   England Life Insurance Company, the Company or a Subsidiary,

shall be eligible, on January 1, 2001, to participate in this Plan, except
Section 4.2 of Article 4 and Article 4A. These individuals shall have their
entire auxiliary defined benefit (including amounts previously accrued under the
New England plans named in the first paragraph of this Plan) paid under this
Plan, in accordance with the terms of this Plan. These individuals shall be
eligible to participate in this Plan as stated in Section 4.2 of Article 4 and
Article 4A if they independently qualify as a Participant under Section 2.2 of
this Article after December 31, 2000.

(b)           (i)  who participated and accrued benefits in the GenAmerica
                   Corporation Augmented Benefit Plan, and,

             (ii)  who, on December 31, 2002, was actively employed by General
                   American Life Insurance Company, the Company or a Subsidiary,

                                                                               2

<PAGE>

shall be eligible, on January 1, 2003, to participate in this Plan, except
Section 4.2 of Article 4 and Article 4A. These individuals shall have their
entire auxiliary defined benefit (including amounts previously accrued under the
Augmented Benefit Plan) paid under this Plan, in accordance with the terms of
this Plan. These individuals shall be eligible to participate in Section 4.2 of
Article 4 and Article 4A of this Plan if they independently qualify as a
Participant under Section 2.2 of this Article after December 31, 2002.

Article 3.  Vesting

Participants will vest in their accrued benefit under this Plan in accordance
with the vesting schedule under the Retirement Plan.

All benefits accrued by Participants under this Plan, prior to a Change of
Control as defined in Article 8, shall vest if the Participant satisfies the
vesting schedule that existed under the Retirement Plan immediately prior to the
Change of Control.

Article 4.  Payment of Benefits

4.1.     Benefits under this Plan shall be payable to a Participant in an amount
equal to the difference between:

(a)      the largest amount (without duplication of amount) that would have been
         payable to the Participant under the Retirement Plan, had the
         Retirement Plan not been subject to the limitations of Internal Revenue
         Code Sections: (i) 415, (ii) 401(a)(17) or such lesser limit as stated
         in the Retirement Plan, and (iii) Regulation Section 1. 415-2(d)(2)
         (with respect to deferred compensation arrangements); and,

(b)      the amounts of benefits payable under the Retirement Plan and any
         predecessor Auxiliary Plan.

4.2.     Only for those individuals who qualify as Participants in the Plan
under Section 2.2, final average compensation used to determine the largest
amount that would have been payable under Section 4.1(a) above, will be based on
the following rules, notwithstanding the actual provisions of the Retirement
Plan.

For qualifying Participants that are not compensated on a commission basis,
Final Average Compensation will be the sum of (a) and (b) below:

(a)      The base salary component of the Participant's final average
         compensation, determined using the average of the Participant's base
         salary for the 60 highest consecutive months during the 120 months
         preceding the Participant's date of retirement or termination, and,

(b)      The component of the Participant's final average compensation
         representing the Annual Variable Incentive Compensation Plan or
         successor annual cash bonus plan or

                                                                               3

<PAGE>

   program ("AVIP") award will be determined using the average of the
   Participant's highest 5 AVIP payments, (not necessarily consecutive) with
   respect to, the 10 calendar years preceding such Participant's date of
   retirement or termination, (including any projected payment(s) to be made
   beyond the Participant's date of retirement or termination).

   The AVIP award, as set forth in subsection (b) immediately above, projected
   to be made beyond the Participant's date of retirement or termination will be
   deemed equal to:

         (i)      the highest of the last 3 bonuses/awards paid while the
                  Participant was in active Company service multiplied by

         (ii)     a fraction, the numerator of which is the number of months (or
                  part thereof) that the Participant was actively employed in
                  the calendar year(s) for which the bonus/award would be
                  payable and the denominator of which is 12.

         (iii)    If the fraction determined under (ii) immediately above, is
                  less than 1, then, the fractional amount determined under
                  (ii) shall replace an equivalent fractional amount in the
                  lowest of the 5 highest AVIP payments used in (b) above.
                  This replacement shall occur only if the fractional amount
                  determined under (ii) is greater than the fractional amount
                  it is replacing in the lowest of the 5 highest AVIP payments.

Notwithstanding (b)(i), (ii) and (iii), if a specific amount of bonus/award was
already approved under the AVIP, prior to the Participant's date of retirement
or termination, such amount shall be used instead of the deemed estimate, and
such amount shall also be taken into account in determining the highest of the
Participant's last 3 bonuses/awards with regard to any bonus/award payable for
the Participant's year of retirement or termination.

For qualifying Participants that are compensated on a commission basis, Final
Average Compensation will be the amount described in appropriate provisions of
the Retirement Plan.

4.3. Benefits payable under this Plan shall be payable in the same form(s) and
at the same times as benefits are payable under the Retirement Plan.

However, as indicated in Article 4A below, employees who qualify as Participants
in the Plan under Section 2.2 may choose to have their benefits under this Plan
paid out in the form of an Alternative Distribution. A payout option will be
considered an Alternative Distribution only to the extent that the distribution
option listed in Article 4A is not available as an optional form of benefit
under the Retirement Plan.

If a Participant directs his or her accrued Personal Retirement Account ("PRA")
benefit under the Retirement Plan to be transferred to the Savings and
Investment Plan, then the Participant's accrued PRA benefit under this Plan will
be transferred to the Auxiliary

                                                                               4

<PAGE>

Savings and Investment Plan and will be payable in accordance with the terms of
the Auxiliary Savings and Investment Plan. The transfer discussed in the
preceding sentence is not available for a Participant's traditional formula
benefit under the Retirement Plan.

Individuals who:

-    had accrued benefits under the New England Life Insurance Company's
     non-qualified Plans listed in the first paragraph of this Plan,

-    terminated employment on or before December 31, 2000, and,

-    did not become employees of the Company or a Subsidiary upon that
     termination of employment,

will have their benefits paid from this Plan in the amounts, at the times and in
the form provided for under the provisions of those prior plans.

Individuals who:

-    had accrued benefits under the GenAmerica Corporation Augmented Benefit
     Plan,

-    terminated employment on or before December 31, 2002, and,

-    did not become employees of the Company or a Subsidiary upon that
     termination of employment,

will have their entire auxiliary defined benefit paid from this Plan in the
amounts, at the times, and in the form provided for under the provisions of that
prior plan.

Individuals described in Section 2.3 shall have their entire auxiliary defined
benefit (including amounts previously accrued under the plans named in the first
paragraph of this Plan) paid under this Plan, in accordance with the terms of
this Plan.

Notwithstanding any provision to the contrary, the payment of benefits under
this Plan shall not be affected by, or be subject to, the qualified
pre-retirement survivor annuity and qualified joint and survivor annuity rules
under the Retirement Equity Act of 1984.

Article 4A. Alternative Distribution

Alternative forms of distribution are available only to those Participants in
the Plan as defined in Section 2 of Article 2.

4A.1 Definitions

(a) Alternative Distribution. "Alternative Distribution" means one of the
    following modes of payment:

    (i)       Single Sum: Payment in a single sum.

    (ii)      Installment Payments for a Specific Period: Monthly or annual
              payments are made to the Participant for a specified number of
              years selected (not exceeding 20 years). If the Participant dies
              before the expiration of the specified period, installment
              payments will continue to be made for the

                                                                               5

<PAGE>

              remainder of the period chosen by the Participant to a beneficiary
              designated by the Participant.

    (iii)     Other Distribution: Any other form of payment that is mutually
              agreed upon by the Participant and the Committee.

(b) Committee. "Committee" means the Compensation Committee of the Board of
    Directors of Metropolitan Life Insurance Company or their designated
    agent(s).

(c) Election Date. "Election Date" means the date on which the Participant files
    his/her request for an Alternative Distribution. For Participants who are
    retirement eligible, as defined in the Retirement Plan, ("Retirement
    Eligible") when they separate from service with the Company or a Subsidiary,
    this date can be no later than the day before the Participant's retirement
    or termination date. For Participants who are not Retirement Eligible when
    they separate from service with the Company or a Subsidiary, this date can
    be no later than 12 months before the Distribution Date.

(d) Distribution Date. "Distribution Date" means the date distributions commence
    under the mode of payment elected by the Participant. For Participants who
    are Retirement Eligible when they separate from service with the Company or
    a Subsidiary, this date cannot be earlier than the Participant's retirement
    or termination date. For Participants who are not Retirement Eligible when
    they separate from service with the Company or a Subsidiary, this date
    cannot be earlier than the later of:

         (i)      12 months following the Participant's Election Date, and

         (ii)     the earliest date the Participant becomes eligible for a
                  distribution from the Retirement Plan.

4A.2. Payment in the Form of an Alternative Distribution.

Auxiliary retirement benefits under this Plan shall be payable in whole or in
part to a Participant in the form of an Alternative Distribution provided (i) a
request form is duly filed by the Participant in compliance with both the
provisions of this Article and the procedures as set forth from time to time by
the Committee and (ii) consent thereto is given by the Committee.

4A.3. Election of Alternative Distribution.

A form requesting that auxiliary retirement benefits under this Plan shall be
paid in the form of an Alternative Distribution must be submitted by the
Participant to the Committee no later than the day before the Participant's
retirement date. For Participants who are separating from service with the
Company or a Subsidiary before they are Retirement Eligible, the form requesting
an Alternative Distribution must be submitted by the Participant to the
Committee no later than 12 months before the Distribution Date indicated on the
election form. All requests must be in writing, signed by the Participant, and
follow the format prescribed by the Committee. On the request form the

                                                                               6

<PAGE>

Participant must also designate (i) the mode of payment requested and (ii) the
Participant's retirement or Distribution Date. A request form shall be deemed
submitted by the Participant to the Committee on the day that such form is
received by the Committee. Prior to the Participant's retirement date, the
request form can be revoked by the Participant. Any revocation must be in
writing and comply with the procedures of the Committee. A request form
submitted by the Participant shall become irrevocable and binding as to all
elections and designations made by the Participant as of the retirement date. In
the event that a Participant's request form is not filed before his/her
retirement date, the Participant's Plan benefits will be paid in the same form
as the benefits paid to the Participant under the Retirement Plan. For
Participants who separate from service before they are Retirement Eligible, the
request form shall become irrevocable and binding, as to all elections and
designations, 12 months before the Distribution Date.

4A.4. Consent of the Committee.

Payment in the form of an Alternative Distribution shall require the consent of
the Committee. The Committee shall have full and complete discretion to approve
or reject any request for an Alternative Distribution. The decision of the
Committee on the Participant's request form shall be made known to the
Participant in writing.

4A.5. Death of Participant Before Distribution Date.

(a) A Participant under Section 2.2, who accrued benefits in this Plan under the
    traditional formula before death, shall have 50% of the present value of
    his/her undistributed traditional formula benefit, (valued as a single sum
    under Section 4A.6(a) below and actuarially adjusted for payment at the
    Participant's earliest retirement date), paid to his/her designated
    beneficiary. This pre-retirement death benefit will be payable in the form
    designated by the Participant and approved by the Committee.

    A Participant may file with the Committee a form (which will become
    irrevocable only upon death) designating a beneficiary or changing their
    existing designation. This form will also allow the Participant to choose
    the form in which the pre-retirement death benefit will be paid. All
    optional forms of benefit available to the Participant under this Plan and
    the Retirement Plan will be available for payment of this death benefit.

(b) For salaried Participants under Section 2.2, a single sum, equivalent to
    the full value of a Participant's undistributed traditional formula benefit
    on the date of the Participant's death, (valued under Section 4A.6(a)),
    shall be paid to the Participant's designated beneficiary if:

         (i)      the Participant notifies the Committee in a request form in
                  effect on the Election Date of his or her anticipated
                  retirement date,

                                                                               7

<PAGE>

         (ii)     the Committee gives its consent to the payment of a Single Sum
                  or Installment Payments for a Specific Period before the
                  Distribution Date is reached,

         (iii)    the Participant agrees to defer actual retirement at the
                  Company's written request,

         (iv)     the Distribution Date for payment of the Single Sum or
                  Installment Payments for a Specific Period is deferred to the
                  Participant's actual retirement date, and

         (v)      the Participant dies after such anticipated retirement date
                  but before actual retirement.

(c) A Participant under Section 2.2 who accrued benefits in this Plan, under the
    PRA formula, before death, shall have the full present value of his/her
    undistributed PRA account balance in this Plan paid to his/her designated
    beneficiary. This pre-retirement death benefit will be payable in the form
    designated by the Participant and approved by the Committee.

In the absence of a designation by the Participant, the death benefit, under
(a), (b) or (c) immediately above, shall be paid to the Participant's surviving
spouse in a single sum. If the Participant has no surviving spouse at the time
of death, then the death benefit shall be paid to the Participant's estate.

4A.6. Valuation of Alternative Benefit.

(a) The actuarial equivalent value of the Single Sum shall be determined using
    the UP 84 Mortality Table, set forward one year for the Participant and set
    back four years for the Participant's spouse, (if applicable), and the
    Pension Benefit Guaranty Corporation immediate interest rate in effect on
    the Election Date.

(b) The actuarial equivalent benefit amount for the Installment Payments for a
    Specific Period will be determined by converting the Single-Sum benefit
    amount, determined under Article 4A(6)(a), using the interest rate basis for
    the immediate annuity purchase rates offered under the Metropolitan Savings
    and Investment Plan and its successors, in effect on the Election Date.

4A.7. Payment on Distribution Date.

Payment of a Single Sum Distribution shall be made on the Distribution Date.
Payment of a mode of payment other than a Single Sum shall commence on the
Distribution Date. If the Participant's mode of payment selected is other than a
Single Sum, the Participant shall notify the Committee in writing as to the term
of years and contingent beneficiary within a reasonable time before the
Participant's retirement date.

                                                                               8

<PAGE>

4A.8.  Power of Committee.

The Committee shall have the discretionary power to make any and all
administrative decisions regarding the election and payment of an Alternative
Distribution, including but not limited to, (i) the design and format of request
forms, (ii) the approval or rejection of requests for an Alternative
Distribution, (iii) the design and format of revocation forms and (iv) the
sending of notices.

Article 5.  Unfunded Plan.

The Plan is completely unfunded. This Plan is entirely separate from the
Retirement Plan and any other plan. Participation in this Plan gives a
Participant no right to any funds or assets of the Retirement Plan, or any other
plan. The fact that contracts or certificates may be distributed to recipients
of benefits under the Retirement Plan in discharge of obligations thereunder
shall in no way entitle a Participant in this Plan to receive any such contract
or certificate in discharge of obligations under this Plan.

Article 6.  Non-transferability of Participant's Interest

No Participant shall have any power or right to transfer, assign, mortgage,
commute or otherwise encumber any of the benefits payable hereunder, nor shall
such benefits be subject to seizure for the payment of any debts or judgments,
or be transferable by operation of law in the event of bankruptcy, insolvency or
otherwise.

Article 7.  Effect of Taxes

With regard to benefits under this Plan, all necessary employment taxes,
federal, state, and local income taxes and other taxes will be withheld. All tax
liabilities arising out of benefits under this Plan are the sole obligation of
the Plan Participant(s) or their beneficiaries.

Article 8.  Change of Control

8.1. Definitions.

(a) Change of Control. For the purposes of this Plan, a "Change of Control"
    shall be deemed to have occurred if:

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

         (ii)     within any 24-month period, the persons who were directors of
                  the Corporation at the beginning of such period (the
                  "Incumbent Directors") shall cease to constitute at least a
                  majority of the Board of Directors of the Corporation (the
                  "Board") or the board of directors of any successor to the

                                                                               9

<PAGE>

                  Corporation; provided, however, that any director elected or
                  nominated for election to the Board by a majority of the
                  Incumbent Directors then still in office shall be deemed to be
                  an Incumbent Director for purposes of this Section 8.1(a)(ii);

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

         (iv)     any other event occurs which the Board declares to be a Change
                  of Control.

(b) Corporation. For the Purposes of this Article, "Corporation" means MetLife,
    Inc.

(c) Person. For purposes of the definition of Change of Control, "Person" shall
    have the meaning ascribed to such term in Section 3(a)(9) of the Exchange
    Act, as supplemented by Section 13(d)(3) of the Exchange Act, and shall
    include any group (within the meaning of Rule 13d-5(b) under the Exchange
    Act); provided, however, that "Person" shall not include (A) the Corporation
    or any Affiliate, (B) the MetLife Policyholder Trust (or any person(s) who
    would otherwise be described herein solely by reason of having the power to
    control the voting of the shares held by that trust), or (C) any employee
    benefit plan (including an employee stock ownership plan) sponsored by the
    Corporation, Company or any Affiliate.

(d) Voting Power. For purposes of the definition of Change of Control, "Voting
    Power" shall mean such number of Voting Securities as shall enable the
    holders thereof to cast all the votes which could be cast in an annual
    election of directors of a company, and "Voting Securities" shall mean all
    securities entitling the holders thereof to vote in an annual election of
    directors of a company.

(e) Affiliate. For the purposes of this article, an "Affiliate" shall mean any
    corporation, partnership, limited liability company, trust or other entity
    which directly, or indirectly through one or more intermediaries, controls,
    or is controlled by, the Corporation.

(f) Cause. For the purposes of this article, "Cause" means either:

         (i)      the Participant's conviction or plea of nolo contendere to a
                  felony, or,

                                                                              10

<PAGE>

         (ii)     any act or acts of dishonesty or gross misconduct on the
                  Participant's part which results or is intended to result in
                  material damage to the business or reputation of MetLife.

(g) Good Reason. For the purposes of this article, "Good Reason" means any of:

         (i)      any reduction by the Corporation or an Affiliate in the
                  Participant's base salary rate below the rate in effect
                  immediately before the Change of Control;

         (ii)     any relocation by the Corporation or an Affiliate of the
                  Participant's usual base work location to any other office or
                  location more than 50 miles from the Participant's usual base
                  work location immediately prior to a Change of Control, except
                  for travel reasonably required in the performance of the
                  Participant's responsibilities;

         (iii)    if the Participant is a party to an Employment Continuation
                  Agreement with the Corporation or an Affiliate, any
                  circumstance or occurrence constituting "Good Reason" under
                  that Employment Continuation Agreement;

         (iv)     the failure of the Corporation or an Affiliate to pay the
                  Employee's base salary or employee benefits as required by
                  law.

8.2. Vesting and Other Rights on and After a Change of Control Subject to
     Conditions

In the event that:

(a) there is a Change of Control as defined in Section 8.1(a) of this Article,
    and,

(b) on the date of the Change of Control or on a date before the second
    anniversary of the Change of Control, a Participant in this Plan:

         (i)      is involuntarily terminated from employment by the Corporation
                  or any Affiliate (other than directly in connection with a
                  transfer of employment to or from the Corporation or any
                  Affiliate) without Cause,

         (ii)     voluntarily terminates employment with the Corporation or any
                  Affiliate for Good Reason,

then the Participant's benefits and rights accrued as of the Change of Control
in each, the Retirement Plan and this Plan, will vest immediately under this
Plan, notwithstanding any other provision of the Retirement Plan or this Plan,
or any amendment or termination of this Plan taking place on or after a Change
of Control.

These accrued benefits will be paid under this Plan according to the ordinary
distribution rules of this Plan. The ordinary distribution rules of this Plan
are described in Article 4 and where applicable, Article 4A as they existed
immediately prior to the Change of Control. If this Section 8.2 is triggered, a
Participant under Section 2.2 does not have to

                                                                              11

<PAGE>

obtain Committee approval for an Alternate Distribution in the form of a Single
Sum or Installment Payments for a Specific Period.

Article 9.  Interpretation of the Plan

The Committee is empowered to take all actions it deems appropriate in
administering this Plan. The Committee will develop, and distribute on request
by a Plan Participant, claim procedures for obtaining benefits under this plan.
These procedures will comply with applicable ERISA regulations.

In the event of a difference of opinion between a Participant and the Committee
with respect to the meaning or application of the provisions of the Plan, the
Committee's final interpretation shall be binding and conclusive. However, once
a Change of Control (as defined in Article 8) has occurred, this Article 9 shall
no longer apply to differences of opinion between the Committee and a
Participant regarding the application of Article 8 of this Plan to a Participant
or with regard to any rights or benefits protected under Article 8 of this Plan
or otherwise accrued prior to the Change of Control including the vesting
thereof.

Article 10.  Governing Law

To the extent not inconsistent with Federal law, the validity of the Plan and
its provisions shall be construed according to the laws of the State of New
York.

Article 11.  Amendment and Termination of Plan

11.1. Except to the extent required by law, the Committee may amend or terminate
this Plan at any time without the consent of any Participant or of any other
person. However, any such amendment or termination will not adversely affect the
benefit entitlements of:

(a)   any Participant receiving benefits under the Plan at or prior to the time
      of such amendment or termination, or,

(b)   any employee who is a Participant in the Retirement Plan to the extent of
      the present value of their accrued benefit under this Plan prior to the
      time of such amendment or termination. However, amendments may be made to
      all other aspects of this Plan including, but not limited to:

      (i)    amendments impacting the timing under which the Participant's
             entire accrued benefit is paid, or,

      (ii)   amendments impacting the optional forms of benefit available
             for payment of the Participant's entire accrued benefit.

Notwithstanding the above, any amendment or group of amendments made effective
on the same date, which would increase or decrease the annual cost of Plan
benefits for active Plan Participants and former Plan Participants by ten
million dollars or more in

                                                                              12

<PAGE>

the aggregate, as determined in good faith by the Committee, shall take effect
only after the action is authorized or ratified by the Board of Directors of
Metropolitan Life Insurance Company.

11.2.

(a) Notwithstanding the provisions of Section 11.1 above, or any other provision
    of this plan, on or after a Change of Control (as defined in Article 8),
    amendments can no longer be made to Article 8, Article 9 or Section 11.2 of
    Article 11 of this Plan; and

(b) Participants who:

      (i)    accrued rights or benefits under this Plan prior to a Change
             of Control (as defined in Article 8), and,

      (ii)   whose rights or benefits are not vested at the time of the
             Change of Control

cannot have the vesting schedule, applicable on the day prior to the Change of
Control, amended with regard to such rights or benefits, and cannot forfeit, or
be deprived of, their right to vest in these accrued benefits due to any
amendment or termination of this Plan.

                                  METROPOLITAN LIFE INSURANCE COMPANY

Date

                           By

                                                                              13

<PAGE>

                                   Appendix A.

             List of Additional Individuals Covered Under This Plan.

The following additional individuals, who were covered under this Plan as of
January 1, 1995, are grandfathered as Participants under Section 2.2 of this
Plan:

Anthony E. Amodeo

Oliver N. Greeves

Sibyl C. Jacobson

William D. Kerrigan

Alan E. Lazarescu

Felix Schirripa

Anthony F. Trani

                                                                              14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00048-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00048-of-00352.parquet"}]]