Amendment No. 1 to the MetLife Auxiliary Pension Plan (Effective October 1, 2008)

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment, effective October 1, 2008, updates the MetLife Auxiliary Pension Plan by expanding eligibility to include employees who hold the titles of Chief Auditor, Treasurer, Tax Director, Corporate Secretary, or Chief Actuary, or who are subject to the company's mandatory retirement policy. The amendment was adopted by Metropolitan Life Insurance Company and signed by authorized officers. All other terms of the plan remain unchanged.

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EX-10.98 12 met-xexhibit1098ex1058toth.htm EX-10.98 MET -- Exhibit 10.98 (Ex 10.58 to the 2008 Annual Report)


Exhibit 10.98

AMENDMENT #1 TO THE METLIFE AUXILIARY PENSION PLAN
(As amended and restated effective January 1, 2008)

The MetLife Auxiliary Pension Plan is hereby amended, effective October 1, 2008, as follows:

1. Part I, Article 2, Section 2.2 of the Plan is hereby amended by adding the following after subsection (d):

"(e) holds the title of Chief Auditor, Treasurer, Tax Director, Corporate Secretary or Chief Actuary of the Company or is subject to the Company's mandatory retirement policy."

The left-justified language that followed subsection (d) prior to this amendment (and that now appears after new subsection (e) as added by this amendment), will be maintained without change

IN WITNESS WHEREOF, the Company has caused this Amendment to be adopted in its name and behalf this 24th day of October, 2008, by its officer thereunto duly authorized.

                                        
METROPOLITAN LIFE INSURANCE COMPANY
 
 
By:
/s/ Margery Brittain
 
Margery Brittain, Plan Administrator

ATTEST:
 
/s/ Bonita Haskins

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