EX-99.(H)(13)(II) 8 d814226dex99h13ii.htm AMENDMENT TO NON-CUSTODIAL SECURITIES LENDING AGREEMENT Amendment to Non-Custodial Securities Lending Agreement

Exhibit (h)(13)(ii)

AMENDMENT TO NON-CUSTODIAL SECURITIES LENDING AGREEMENT

This Amendment is made on March 2, 2020, to the Non-Custodial Securities Lending Agreement dated September 8, 2016 (as amended from time to time, the “Agreement”) between JPMorgan Chase Bank, N.A. (“J.P. Morgan”) and Brighthouse Investment Advisers, LLC on behalf of each series of Brighthouse Funds Trust I and Brighthouse Funds Trust II (formerly known as Met Investors Series Trust and Metropolitan Series Fund, respectively) identified on Annex A to the Agreement (each a “Lender”).

WHEREAS, the parties desire to amend the Agreement as set forth herein.

NOW IT IS HEREBY AGREED AS FOLLOWS:

 

  1.

Unless otherwise provided herein, all terms and conditions of the Agreement are expressly incorporated herein by reference and except as modified hereby, the Agreement is confirmed in all respects. Capitalized words in this Amendment bear the same meaning (except as otherwise amended herein) as in the Agreement.

 

  2.

From and including the date hereof, this Amendment supplements and forms part of the Agreement and accordingly this Amendment and the Agreement shall be treated as one single agreement between the parties and shall continue in full force and effect until terminated as provided therein.

 

  3.

In Section 1.2, the definition of “MSLA” shall be deleted in its entirety and replaced with the following:

MSLA” means a master securities lending agreement or securities borrowing agreement between J.P. Morgan and a Borrower, under which J.P. Morgan lends Securities on behalf of its customers (including Lender) from time to time. Copies of J.P. Morgan’s standard forms of MSLA were shared with Lender as of the date hereof, and additional information about the MSLA was shared with Lender in the letter dated December 30, 2019 Re: Repapering to the Global Master Securities Lending Agreement (2010).

 

  4.

Section 2.1(b) shall be deleted in its entirety and replaced with the following:

“Lender hereby authorizes and empowers J.P. Morgan to enter into as agent on Lender’s behalf and at its risk all agreements and documents as may be necessary to carry out any of the powers herein granted to J.P. Morgan. In this regard, Lender hereby authorizes J.P. Morgan to lend Securities in the Lending Accounts to Borrowers under agreements substantially in J.P. Morgan’s standard forms of the MSLA; it being understood and agreed, however, that J.P. Morgan shall notify


Lender of any material change to the MSLA entered into with any Borrower. J.P. Morgan may exercise all rights and powers provided under any MSLA as may be incidental to that MSLA. Upon request, J.P. Morgan will provide the Lender with a copy of the relevant form of MSLA.

For the avoidance of doubt, Lender agrees that to the extent the MSLA is in the form of the J.P. Morgan standard form global master securities lending agreement (2010) (“JPM GMSLA”) and a provision of the JPM GMSLA is substituted with the equivalent provision set out in the industry standard global master securities lending agreement, then such change shall not be deemed to be a material change to the MSLA”

 

  5.

Section 5.1(g) shall be deleted in its entirety and replaced with the following:

“In the event that J.P. Morgan or an “affiliated person” of J.P. Morgan, as defined in Section 2(a)(3) of the Investment Company Act of 1940, is an “affiliated person” of a series of Lender by virtue of providing investment advisory services to such series, J.P. Morgan shall not receive compensation as provided in Section 5.1(a) hereof in respect of any securities loaned from such series. J.P. Morgan instead shall be entitled to a fee as set forth in Schedule 9, payable monthly at an annual rate of the average daily value of the Collateral posted by Borrower(s) in respect of securities loaned from such series.”

 

  6.

Where Lender has acceded to the 2018 US Resolution Stay Protocol, Lender consents to J.P. Morgan acknowledging the global master securities lending agreement (2010) as protocol covered agreements including pursuant to any Identified Regimes where applicable.

 

  7.

Existing Annex A of the Agreement shall be replaced with new Annex A, attached hereto.

 

  8.

Existing Schedules 2 and 3 of the Agreement shall be replaced with new Schedules 2 and 3 attached hereto.

 

  9.

Existing list of Lending Accounts in Schedule 4 of the Agreement shall be replaced with new list of Lending Accounts, attached hereto.

 

  10.

Schedule 9 as attached hereto shall be added to the Agreement.

 

  11.

This Amendment may be executed in several counterparts each of which will be deemed to be an original and together will constitute one and the same agreement.

 

  12.

This Amendment shall be governed by and construed under the laws of the United States and the State of New York, as applicable, without regard to New York’s principles regarding conflict of laws.

[SIGNATURE PAGE FOLLOWS]


In Witness whereof, the parties have executed this Amendment as of the date first written above.

 

Brighthouse Investment Advisers, LLC, on behalf of Brighthouse Funds Trust I and Brighthouse Funds Trust II, in respect of each of their series listed on Annex A of the Agreement     JPMORGAN CHASE BANK, N.A.  
By:   /s/ Alan R. Otis                  By:   /s/ Joseph Ruggerio                   
Name:   Alan R. Otis     Name:   Joseph Ruggerio  
Title:   Treasurer     Title:   Executive Director  
Date:   March 2, 2020     Date:   March 2, 2020  


ANNEX A

 

BRIGHTHOUSE FUNDS TRUST I

  

BRIGHTHOUSE FUNDS TRUST II

AB Global Dynamic Allocation Portfolio

BlackRock Global Tactical Strategies Portfolio

BlackRock High Yield Portfolio

Clarion Global Real Estate Portfolio

Loomis Sayles Growth Portfolio

Wells Capital Management Mid Cap Value Portfolio

Harris Oakmark International Portfolio

Invesco Comstock Portfolio

Victory Sycamore Mid Cap Value Portfolio

Invesco Small Cap Growth Portfolio

JPMorgan Core Bond Portfolio

JPMorgan Global Active Allocation—U.S.

JPMorgan Global Active Allocation—London

JPMorgan Small Cap Value Portfolio

Loomis Sayles Global Allocation Portfolio

Brighthouse/Aberdeen Emerging Markets Equity Portfolio

Brighthouse/Artisan International Portfolio

Brighthouse/Franklin Low Duration Total Return Portfolio

Brighthouse/Templeton International Bond Portfolio

Brighthouse/Wellington Large Cap Research Portfolio

Brighthouse Small Cap Value Portfolio—Wells Capital

Brighthouse Small Cap Value Portfolio—Delaware Investments

MFS®Research International Portfolio

Morgan Stanley Discovery Portfolio

Invesco Global Equity Portfolio

Western Asset Management Government Income Portfolio

Schroders Global Multi-Asset—Main

Schroders Global Multi-Asset—QEP

SSGA Growth and Income ETF Portfolio

SSGA Growth ETF Portfolio

TCW Core Fixed Income Portfolio

T. Rowe Price Large Cap Value Portfolio

T. Rowe Price Mid Cap Growth Portfolio

SSGA Emerging Markets Enhanced Index Portfolio

AB International Bond Portfolio

  

Baillie Gifford International Stock Portfolio

MetLife Aggregate Bond Index Portfolio

BlackRock Bond Income Portfolio

BlackRock Capital Appreciation Portfolio

Frontier Mid Cap Growth Portfolio

Jennison Growth Portfolio

Loomis Sayles Small Cap Core Portfolio

Loomis Sayles Small Cap Growth Portfolio

Brighthouse/Artisan Mid Cap Value Portfolio

Brighthouse/Dimensional International Small Company Portfolio

Brighthouse/Wellington Balanced Portfolio

Brighthouse/Wellington Core Equity Opportunities Portfolio

MetLife Mid Cap Stock Index Portfolio

MetLife Stock Index Portfolio

MFS®Total Return Portfolio

MFS®Value Portfolio

MetLife MSCI EAFE®Index Portfolio

MetLife Russell 2000®Index Portfolio

T. Rowe Price Large Cap Growth Portfolio

T. Rowe Price Small Cap Growth Portfolio

Van Eck Global Natural Resources Portfolio

Western Asset Management Strategic Bond Opportunities Portfolio

Western Asset Management U.S. Government Portfolio


SCHEDULE 2

JPMorgan Chase Bank, N.A.

Securities Lending Approved Borrowers

 

U.S. Based Borrowers

  

Lender
Approves

(Check all
that apply)

  

U.S. Based Borrowers

  

Lender
Approves

(Check all
that apply)

ABN AMRO Securities (USA) LLC    X    Jefferies LLC    X
Altegris/AACA Opportunistic Real Estate Fund       Macquarie Capital (USA) Inc.    X
Barclays Capital, Inc.    X    MUFG Securities Americas Inc.    X
BMO Capital Markets Corp.    X    Mirae Asset Securities (USA) Inc.    X
BNP Paribas Securities Corp.    X    Mizuho Securities USA LLC    X
BofA Securities, Inc.    X    Morgan Stanley & Co., LLC    X
Cantor Fitzgerald & Co    X    National Bank of Canada Financial Inc.    X
CF Secured, LLC    X    National Financial Services LLC    X
CIBC World Markets Corp.    X    Nomura Securities International, Inc.    X
Citigroup Global Markets Inc.    X    Pershing LLC    X
Citadel Clearing LLC    X    RBC Capital Markets LLC    X
Citadel Securities LLC    X    Royal Bank of Canada, New York Branch    X
Credit Suisse AG, New York Branch    X    NatWest Markets Securities Inc.    X
Credit Suisse Securities (USA) LLC    X    Scotia Capital (USA) Inc.    X
Cowen Execution Services LLC    X    SG Americas Securities, LLC    X
Deutsche Bank Securities Incorporated    X    Societe Generale, New York Branch    X
First Tennessee Bank National Association    X    State Street Bank and Trust Company    X
Goldman Sachs & Co. LLC    X    TD Securities (USA) LLC    X
Guggenheim Securities, LLC       TD Prime Services LLC    X
HSBC Securities (USA), Inc.    X    UBS Securities LLC    X
Interactive Brokers LLC    X    Virtu Americas LLC    X
ING Financial Markets LLC    X    Wells Fargo Clearing Services, LLC    X
Industrial & Commercial Bank of China Financial Services LLC    X    Wells Fargo Securities, LLC    X
J.P. Morgan Securities LLC **    X    Wells Fargo Bank, National Association    X
Janney Montgomery Scott LLC    X      

49 U.S Based Borrowers

Last updated: Jan, 2020


International Based Borrowers

  

Domicile

  

Lender Approves

(Check all that apply)

ABN AMRO Bank N.V.    Netherlands    X
Banco Santander, S.A.    Spain    X
Bank of Montreal    Canada    X
Bank of Nova Scotia – London Branch    UK    X
Bank of Nova Scotia    Canada    X
Barclays Bank PLC    UK    X
Barclays Capital Securities Limited    UK    X
BMO Capital Markets Limited    UK    X
BNP Paribas S.A.    France    X
BNP Paribas Arbitrage SNC    France    X
BNP Paribas Prime Brokerage International Limited    Ireland    X
Canadian Imperial Bank of Commerce (London Branch)    UK    X
CIBC World Markets Inc.    Canada    X
Citigroup Global Markets Australia PTY Limited    Australia    X
Citigroup Global Markets Limited    UK    X
Commonwealth Bank of Australia    Australia    X
Commerzbank AG    Germany    X
Credit Suisse Equities (Australia) Limited    Australia    X
Credit Suisse Securities (Europe) Limited    UK    X
Credit Suisse AG, Dublin Branch    Ireland    X
Credit Suisse AG, Singapore Branch    Singapore   
Danske Bank A/S    Denmark    X
Deutsche Bank AG London Branch    UK    X
Deutsche Securities Australia Limited    Australia    X
Goldman Sachs International    UK    X
Healthcare of Ontario Pension Plan Trust Fund    Canada    X
HSBC Bank PLC    UK    X
ING Bank N.V.    Netherlands    X
ING Bank NV London Branch    UK    X
J.P. Morgan Securities Australia Limited**    Australia    X
J.P. Morgan Securities PLC **    UK    X
Lloyds Bank PLC    UK    X
LLoyds Bank Corporate Markets Plc    UK    X
Macquarie Bank Limited    Australia    X
Macquarie Bank Limited (London Branch)    UK    X
Merrill Lynch Equities (Australia) Limited    Australia    X
Merrill Lynch International    UK    X
MUFG Securities EMEA PLC    UK    X
Morgan Stanley & Co. International PLC    UK    X
Morgan Stanley Australia Securities Limited    Australia    X
National Australia Bank Limited    Australia    X
NBC Global Finance Limited    Ireland    X
National Bank Financial Inc.    Canada    X
NatWest Markets Plc    UK    X
Nomura International PLC    UK    X
Royal Bank of Canada-Sydney    Australia    X
Santander UK plc    UK    X
Skandinaviska Enskilda Banken AB (publ)    Sweden    X
Societe Generale Paris Branch    France    X


Societe Generale London Branch    UK    X
Standard Chartered Bank    UK    X
Svenska Handelsbanken AB (publ)    Sweden    X
UBS AG Australia Branch    Australia    X
UBS AG London Branch    UK    X
UBS Europe SE    Germany    X
UBS Securities Australia Ltd    Australia    X

55 International Based Borrowers

Last updated: Dec, 2019

Except with respect to the Restricted Borrowers noted below, Lender hereby represents that none of the Borrowers on the above listed schedule is an (A) “affiliated person” of the Lender as defined in Section 2(a)(3) of the 1940 Act, (B) a “promoter” of the Lender as defined in Section 2(a)(30) of the 1940 Act, (C) the “principal underwriter” of the Lender as defined in Section 2(a)(29) of the 1940 Act, or (D) an affiliated person of any such person.

Lending clients active for the Brazil market acknowledge that, in accordance to terms and conditions relating to securities activities established by B3 S.A., securities subject to a loan are delivered to B3 S.A. as the central counterparty who further makes the securities available to borrowing counterparties in accordance with loans negotiated for the J.P. Morgan Agency Lending program.

The following borrowers are active in the Brazil market for J.P. Morgan’s Agency Lending program:

 

B3 S.A. — Banco Bradesco S.A.

B3 S.A. — Citigroup Global Markets Limited

B3 S.A. — Credit Suisse Securities (Europe) Limited

B3 S.A. — Deutsche Bank Securities Incorporated

B3 S.A. — Goldman Sachs International

B3 S.A. — J.P. Morgan Whitefriars Inc.

B3 S.A. — Merrill Lynch International

B3 S.A. — Morgan Stanley & Co., LLC

B3 S.A. — The Bank of Nova Scotia

B3 S.A. — UBS AG London Branch

Last updated: April, 2019

Restricted Borrowers

As an investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”), Lender prohibits the lending of Securities from Accounts for which a Borrower is (A) an “affiliated person” of the Lender as defined in Section 2(a)(3) of the 1940 Act, (B) a “promoter” of the Lender as defined in Section 2(a)(30) of the 1940 Act, (C) the “principal underwriter” of the Lender as defined in Section 2(a)(29) of the 1940 Act, or (D) an affiliated person of any such person. Therefore, with regard to the lending funds listed below, Lender has notified J.P. Morgan that Securities may not be loaned from Accounts listed below to the indicated Borrower.

 

Lending Account

  

        International        
Account

Number

           Domestic        
Account

Number
    

Borrower restriction

BFT I-Wells Capital Management Mid Cap Value Portfolio

   EDV84      E 13751     

Wells Fargo Clearing Services, LLC

Wells Fargo Securities, LLC

Wells Fargo Bank, National Association


BFT I-JPMorgan Core Bond Portfolio Fund

   EDV89      E 13756     

J.P. Morgan Securities LLC

J.P. Morgan Securities Australia Limited

J.P. Morgan Securities PLC

BFT I-JPMorgan Global Active Allocation Portfolio Fund – U.S.

   EDV90      E 13757     

J J.P. Morgan Securities LLC

J.P. Morgan Securities Australia Limited

J.P. Morgan Securities PLC

BFT I-JPMorgan Global Active Allocation Portfolio Fund—London

   EDV91      E 13758     

J.P. Morgan Securities LLC

J.P. Morgan Securities Australia Limited

J.P. Morgan Securities PLC

BFT I-JPMorgan Small Cap Value Portfolio Fund

   EDV92      E 13759     

J.P. Morgan Securities LLC

J.P. Morgan Securities Australia Limited

J.P. Morgan Securities PLC

BFT I-Brighthouse Small Cap Value Portfolio Fund – Wells Capital

   EDV99      E 13766     

Wells Fargo Clearing Services, LLC

Wells Fargo Securities, LLC

Wells Fargo Bank, National Association

BFT I-Brighthouse Small Cap Value Portfolio Fund—Delaware

   EDW01      E 13767     

Macquarie Capital (USA) Inc.

Macquarie Bank Limited

Macquarie Bank Limited (London Branch)

BFT I-Morgan Stanley Discovery Portfolio Fund

   EDW03      E 13769     

Morgan Stanley & Co., LLC

Morgan Stanley & Co. International PLC

Morgan Stanley Australia Securities Limited

MUFG Securities Americas Inc.

MUFG Securities EMEA PLC

BFT I-SSGA Growth and Income ETF Portfolio Fund

   EDW09      E 13775      State Street Bank and Trust Company

BFT I-SSGA Growth ETF Portfolio Fund

   EDW10      E 13776      State Street Bank and Trust Company

BFT I-SSGA Emerging Markets Enhanced Index Portfolio

   ESX37      E 23583      State Street Bank and Trust Company


SCHEDULE 3

Eligible Collateral

The following forms of collateral are acceptable under the terms of this Agreement.

 

1.

Cash. The following are acceptable currencies:

US Dollar (USD)

 

2.

Government Securities. The following securities are acceptable under the terms of the Agreement:

U.S. Government Securities - Book-entry securities issued by the U.S. Treasury and any other securities issued or fully guaranteed as to principal and interest by the United States government.

US Government Sponsored Agencies Debt Securities:

 

   

US-FNMA, FHLMC, FHLB, FFCS – Debt securities issued by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Federal Home Loan Bank, and the Federal Farm Credit System,

US Government Sponsored Agencies Mortgage Backed Securities:

 

   

Mortgage Backed Securities (MBS) - Single-class mortgage participation certificates (FNMA Certificates or FHLMC Certificates) in book-entry form backed by fixed or adjustable rate single family residential mortgage loans, with the full and timely payment of interest at the applicable certificate rate and the ultimate collection of principal being guaranteed by the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC) (but excluding securities paying interest only or principal only and similar derivative securities).

 

   

Remics/CMOs - Collateralized Mortgage Obligations (CMOs) and Real Estate Mortgage Investment Conduits (REMICs) issued by FNMA and FHLMC. Types include Sequential-Pay Classes, Floaters, and Planned Amortization Classes (PACs).

Cash-in-Lieu:

 

   

In the unlikely event where the Borrower is unable to supply and deliver securities described above as Collateral, a deposit of cash, which is not to be reinvested, is required to be held overnight to meet the collateral value requirements under the relevant MSLA, in the following currencies: U.S. Dollars(USD)


Appendix A

Collateral Requirements

 

I.

Collateral Requirement

The following Collateral Requirements shall apply to Loans as indicated, subject however, to the market conventions listed in Section II below:

 

Type of Loan

   Minimum
Collateral
Requirement
 

Dollar denominated Securities secured by Dollar denominated government Securities1 or Cash Collateral

     102

Dollar denominated Securities secured by non-Dollar denominated government Securities or Cash Collateral

     105

Non-Dollar denominated Securities secured by government Securities or Cash Collateral in the same denomination as the lent Securities

     102

Non-Dollar denominated Securities secured by government Securities or Cash Collateral in a different denomination from the lent Securities

     105

J.P. Morgan may from time to time establish de minimis guidelines under which additional Collateral will not be demanded on a Loan where the Market Value of Collateral then held is greater than or equal to 100% of the Market Value of the lent Securities.

When additional Collateral is demanded, the aggregate of the additional Collateral demanded, together with the Collateral then held by J.P. Morgan on behalf of Lender for a Loan, shall have a Market Value not less than the applicable Collateral Requirement

Any Collateral received by J.P. Morgan with respect to a Loan in excess of the Collateral Requirement for such Loan may be held by J.P. Morgan as Collateral security for all Loans made to a Borrower at any time without being allocated to any one Loan or, in the sole discretion of J.P. Morgan, may be allocated or reallocated, at any time to any Loan or Loans to such Borrower then outstanding.

 

II.

Market Conventions

With respect to Securities such as U.S. Treasury strips and bills, where the market functions so as to not allow for the sale of such Securities at greater than par, the Collateral Requirement shall equal the lesser of 100% of the par value of the Security or 102% of its Market Value.

 

1 

Government Securities Collateral forms are listed above in this Eligible Collateral Schedule.


The Collateral Requirement for that portion of the Market Value of a lent US corporate debt security that comprises accrued but unpaid interest shall be 100% rather than the amount set forth the in the table above.

With respect to Loans of fixed income Securities settled outside of the United States, demands for additional collateral can settle up to two Business Days after the Business Day on which the demand was made.

Loans are designated as pending returns when Borrowers notify J.P. Morgan of their intent to return the lent Securities on a Business Day. Pending returns of Loans collateralized by Cash may not be marked for up to seven Business Days without Lender’s consent, provided that the Market Value of all Collateral held for all Loans to such Borrower exceeds the Market Value of all Securities lent to such Borrower on each Business Day.


SCHEDULE 4

Lending Accounts

 

Lending Account

   International
Account
Number
   Domestic
Account
Number

BFT I-AB Global Dynamic Allocation Portfolio Fund

   EDV78    E 13745

BFT I-BlackRock Global Tactical Strategies Portfolio Fund

   EDV80    E 13747

BFT I-BlackRock High Yield Portfolio Fund

   EDV81    E 13748

BFT I-Clarion Global Real Estate Portfolio Fund

   EDV82    E 13749

BFT I-Loomis Sayles Growth Portfolio

   EDV83    E 13750

BFT I-Wells Capital Management Mid Cap Value Portfolio

   EDV84    E 13751

BFT I-Harris Oakmark International Portfolio Fund

   EDV85    E 13752

BFT I-Invesco Comstock Portfolio Fund

   EDV86    E 13753

BFT I-Victory Sycamore Mid Cap Value Portfolio

   EDV87    E 13754

BFT I-Invesco Small Cap Growth Portfolio Fund

   EDV88    E 13755

BFT I-JPMorgan Core Bond Portfolio Fund

   EDV89    E 13756

BFT I-JPMorgan Global Active Allocation Portfolio Fund

   EDV90    E 13757

BFT I-JPMorgan Global Active Allocation Portfolio Fund

   EDV91    E 13758

BFT I-JPMorgan Small Cap Value Portfolio Fund

   EDV92    E 13759

BFT I-Loomis Sayles Global Allocation Portfolio Fund

   EDV93    E 13760

BFT I-Brighthouse/Aberdeen Emerging Markets Equity Portfolio Fund

   EDV94    E 13761

BFT I-Brighthouse/Artisan International Portfolio Fund

   EDV95    E 13762

BFT I-Brighthouse/Franklin Low Duration Total Return Portfolio Fund

   EDV96    E 13763

BFT I-Brighthouse/Templeton International Bond Portfolio Fund

   EDV97    E 13764

BFT I-Brighthouse/Wellington Large Cap Research Portfolio Fund

   EDV98    E 13765

BFT I-Brighthouse Small Cap Value Portfolio Fund

   EDV99    E 13766

BFT I-Brighthouse Small Cap Value Portfolio Fund

   EDW01    E 13767

BFT I-MFS®Research International Portfolio Fund

   EDW02    E 13768

BFT I-Morgan Stanley Discover Portfolio

   EDW03    E 13769

BFT I-Invesco Global Equity Portfolio Fund

   EDW04    E 13770

BFT I-Western Asset Management Government Income Portfolio

   EDW05    E 13771

BFT I-Schroders Global Multi-Asset—Main Fund

   EDW07    E 13773

BFT I-Schroders Global Multi-Asset—Main Fund

   EDW08    E 13774

BFT I-SSGA Growth and Income ETF Portfolio Fund

   EDW09    E 13775

BFT I-SSGA Growth ETF Portfolio Fund

   EDW10    E 13776

BFT I-TCW Core Fixed Income Portfolio Fund

   EDW11    E 13777

BFT I-T. Rowe Price Large Cap Value Portfolio Fund

   EDW12    E 13778

BFT I-T. Rowe Price Mid Cap Growth Portfolio Fund

   EDW13    E 13779

BFT I-SSGA Emerging Markets Enhanced Index Portfolio

   ESX37    E 23583

BFT I-AB International Bond Portfolio

   ESX38    E 23584

BFT II-Baillie Gifford International Stock Portfolio Fund

   EDW14    E 13780

BFT II-MetLife Aggregate Bond Index Portfolio

   EDW15    E 13781

BFT II-BlackRock Bond Income Portfolio

   EDW16    E 13782

BFT II-BlackRock Capital Appreciation Portfolio

   EDW17    E 13783

BFT II-Frontier Mid Cap Growth Portfolio

   EDW19    E 13785

BFT II-Jennison Growth Portfolio

   EDW20    E 13786

BFT II-Loomis Sayles Small Cap Core Portfolio

   EDW21    E 13787

BFT II-Loomis Sayles Small Cap Growth Portfolio

   EDW22    E 13788


Lending Account

   International
Account
Number
   Domestic
Account
Number

BFT II-Brighthouse/Artisan Mid Cap Value Portfolio

   EDW23    E 13789

BFT II-Brighthouse/Dimensional International Small Company Portfolio

   EDW24    E 13790

BFT II-Brighthouse/Wellington Balanced Portfolio

   EDW25    E 13791

BFT II-Brighthouse/Wellington Core Equity Opportunities Portfolio

   EDW26    E 13792

BFT II-MetLife Mid Cap Stock Index Portfolio

   EDW27    E 13793

BFT II-MetLife Stock Index Portfolio

   EDW28    E 13794

BFT II-MFS®Total Return Portfolio

   EDW29    E 13795

BFT II-MFS®Value Portfolio

   EDW30    E 13796

BFT II-MetLife MSCI EAFE®Index Portfolio

   EDW31    E 13797

BFT II-Metlife Russell 2000®Index Portfolio

   EDW32    E 13798

BFT II-T. Rowe Price Large Cap Growth Portfolio

   EDW33    E 13799

BFT II-T.Rowe Price Small Cap Growth Portfolio

   EDW34    E 13800

BFT II-Van Eck Global Natural Resources Portfolio

   EDW35    E 13801

BFT II-Western Asset Management Strategic Bond Opportunities Portfolio

   EDW36    E 13802

BFT II-Western Asset Management U.S. Government Portfolio

   EDW37    E 13803


SCHEDULE 9

J.P. Morgan or an “affiliated person” of J.P. Morgan, as defined in Section 2(a)(3) of the Investment Company Act of 1940, is an “affiliated person” of the series of Lender listed below by virtue of providing investment advisory services to such series. In respect of any securities loaned from such series, J.P. Morgan shall be entitled to a fee, payable monthly at an annual rate of the average daily value of the Collateral posted by Borrower(s) in respect of securities loaned from such series.

 

Series

   Annual Rate  

JPMorgan Core Bond Portfolio Fund

     0.03

JPMorgan Small Cap Value Portfolio Fund

     0.03

JPMorgan Global Active Allocation Portfolio Fund – US

     0.03

JPMorgan Global Active Allocation Portfolio Fund – London

     0.125