Amendment Number Five to the MetLife Plan for Transition Assistance for Officers
This amendment, effective January 1, 2012, modifies the MetLife Plan for Transition Assistance for Officers. It updates certain plan sections, including adding a new reference to the MetLife Bank Enhanced Severance and Retention Plan for specific employees, removing a requirement related to separation agreements, and clarifying participation exceptions. The amendment is executed by Metropolitan Life Insurance Company and signed by an authorized officer.
Exhibit 10.112
AMENDMENT NUMBER FIVE TO
THE METLIFE PLAN FOR TRANSITION ASSISTANCE FOR OFFICERS
(Amended and Restated Effective January 1, 2010)
THE METLIFE PLAN FOR TRANSITION ASSISTANCE FOR OFFICERS (the “Plan”) is hereby amended, effective January 1, 2012, as follows:
| 1. | Section 1.4.05(d) of the Plan is hereby amended by adding the following new subsection (5) after subsection (4) to read as follows: |
“(5) Appendix A of the MetLife Bank Enhanced Severance and Retention Plan for Servicing Employees at Salary Grades 29 and Above”
| 2. | Section 4.3 of the Plan is hereby amended by deleting the phrase “provided that the Participant has granted a Separation Agreement” at the end of the first sentence therein. |
| 3. | Section 5.1 of the Plan is hereby amended by adding the phrase “Except for those participating in the plans set forth in Section 1.4.05(d),” at the beginning of the second sentence thereof. |
IN WITNESS WHEREOF, Metropolitan Life Insurance Company has caused this amendment to be executed by an officer thereunto duly authorized on the date noted below the officer’s signature.
| METROPOLITAN LIFE INSURANCE COMPANY | ||
| By: | /s/ Mark Davis | |
| Name/Title: | Mark Davis–Vice President/ Plan Administrator | |
| Date: | 12-26-2012 | |
| Witness: | /s/ Andrew Bernstein | |
