Common use of DAY RIGHT TO EXAMINE CONTRACT Clause in Contracts

DAY RIGHT TO EXAMINE CONTRACT. WITHIN 10 DAYS AFTER THIS CONTRACT IS FIRST RECEIVED, IT MAY BE CANCELLED FOR ANY REASON WITHOUT PENALTY (E.G., NO CONTINGENT DEFERRED SALES CHARGE WILL BE DEDUCTED) BY DELIVERING OR MAILING IT TO THE HOME OFFLCE OF LNL. UPON CANCELLATION, LNL WILL RETURN THE VALUE OF ANY PAYMENTS MADE TO THE VARIABLE ACCOUNT AND/OR ANY PURCHASE PAYMENT PAID UNDER THE FIXED PORTION OF THE CONTRACT. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGES 4 AND 6. Signed for The Lincoln National Life Insurance Company at its Home Office in Fort Xxxxx, Indiana. /s/ Xxx X. Xxxxxx /s/ Xxx X. Xxxxx Xxx X. Xxxxxx, President Xxx X. Xxxxx, Second Vice President TABLE OF CONTENTS ARTICLE PAGE CONTRACT DATA CONTRACT NUMBER XX-01 23456 ANNUITANT XXXXXXX XXXXXXX AGE AT ISSUE 35 CONTRACT DATE APRIL 1,1989 PURCHASE PAYMENT $1,500.00 PURCHASE PAYMENT FREQUENCY MONTHLY MATURITY DATE APRIL 1, 2039 OWNER XXXXXXX XXXXXXX XXXX XXXXXXX XXXX XXXXXXX BENEFICIARY DESIGNATION AS NAMED IN APPLICATION OR SUBSEQUENT WRITTEN DESIGNATION The portion of your Initial purchase payment allocated to the Fixed Account of your Annuity Contract is guaranteed to be credited an initial effective annual Interest rate of 4.500% through 04/09/1992. The $25.00 account charge referenced in Section 2.11 will not apply to your Contract.

DAY RIGHT TO EXAMINE CONTRACT. WITHIN 10 DAYS AFTER THIS CONTRACT IS FIRST RECEIVED, IT MAY BE CANCELLED FOR ANY REASON WITHOUT PENALTY (E.G., NO CONTINGENT DEFERRED SALES CHARGE WILL BE DEDUCTED) BY DELIVERING OR MAILING IT TO THE HOME OFFLCE OFFICE OF LNL. UPON CANCELLATION, THIS CONTRACT WILL BE VOID FROM THE BEGINNING AND LNL WILL RETURN THE VALUE OF ANY PAYMENTS MADE TO THE VARIABLE ACCOUNT AND/OR ANY PURCHASE PAYMENT PAID UNDER THE FIXED PORTION OF THE CONTRACT. ALL PAYMENTS AND VALUES PROVIDED PRO VIDED BY THIS CONTRACT, WHEN BASED ON INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. AMOUNT SEE PAGES 4 AND 6. Signed for The Lincoln National Life Insurance Company at its Home Office in Fort Xxxxx, Indiana. /s/ Xxx X. Xxxxxx /s/ Xxx Xxxxxxx Xxxxxxxxx XXX X. Xxxxx Xxx X. XxxxxxXXXXXX, President Xxx X. XxxxxPRESIDENT XXXXXXX XXXXXXXXX, Second Vice President SECOND VICE PRESIDENT TABLE OF CONTENTS ARTICLE PAGE CONTRACT DATA CONTRACT NUMBER XX-01 23456 XX-0123456 ANNUITANT XXXXXXX XXXXXXX AGE AT ISSUE 35 CONTRACT DATE APRIL 1,1989 PURCHASE PAYMENT $1,500.00 PURCHASE PAYMENT FREQUENCY MONTHLY MATURITY DATE APRIL 1, 2039 OWNER XXXXXXX XXXXXXX XXXX XXXXXXX XXXX XXXXXXX BENEFICIARY DESIGNATION AS NAMED IN APPLICATION OR SUBSEQUENT WRITTEN DESIGNATION The portion of your Initial purchase payment allocated to the Fixed Account of your Annuity Contract is guaranteed to be credited an initial effective annual Interest rate of 4.500% through 04/09/1992. The $25.00 account charge referenced in Section 2.11 will not apply to your Contract.ARTICLE I PURCHASE PAYMENTS

DAY RIGHT TO EXAMINE CONTRACT. WITHIN 10 DAYS AFTER THIS CONTRACT IS FIRST RECEIVED, IT MAY BE CANCELLED FOR ANY REASON WITHOUT PENALTY (E.G., NO CONTINGENT DEFERRED SALES CHARGE WILL BE DEDUCTED) BY DELIVERING OR MAILING IT TO THE HOME OFFLCE OFFICE OF LNL. UPON CANCELLATION, LNL WILL RETURN THE VALUE OF ANY PAYMENTS MADE TO THE VARIABLE ACCOUNT AND/OR ANY PURCHASE PAYMENT PAID UNDER THE FIXED PORTION OF THE CONTRACT. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGES 4 AND 6. Signed for The Lincoln National Life Insurance Company at its Home Office in Fort Xxxxx, Indiana. /s/ Xxx X. Xxxxxx /s/ Xxx X. Xxxxx Xxx XXX X. XxxxxxXXXXXX, President Xxx PRESIDENT XXX X. XxxxxXXXXX, Second Vice President SECOND VICE PRESIDENT TABLE OF CONTENTS ARTICLE PAGE CONTRACT DATA CONTRACT NUMBER XX-01 23456 XX-0123456 ANNUITANT XXXXXXX XXXXXXX AGE AT ISSUE 35 CONTRACT DATE APRIL 1,1989 1,1969 PURCHASE PAYMENT $1,500.00 PURCHASE PAYMENT FREQUENCY MONTHLY MATURITY DATE APRIL 1, 2039 OWNER XXXXXXX XXXXXXX XXXX XXXXXXX XXXX XXXXXXX BENEFICIARY DESIGNATION AS NAMED IN APPLICATION OR SUBSEQUENT WRITTEN DESIGNATION The portion of your Initial purchase payment allocated to the Fixed Account of your Annuity Contract is guaranteed to be credited an initial effective annual Interest rate of THE PORTION OF YOUR INITIAL PURCHASE PAYMENT ALLOCATED TO THE FIXED ACCOUNT OF YOUR ANNUITY CONTRACT IS GUARANTEED TO BE CREDITED AN INITIAL EFFECTIVE ANNUAL INTEREST RATE OF 4.500% through THROUGH 04/09/1992. The $25.00 account charge referenced in Section 2.11 will not apply to your Contract.ARTICLE I PURCHASE PAYMENTS

DAY RIGHT TO EXAMINE CONTRACT. WITHIN 10 DAYS AFTER THIS CONTRACT IS FIRST RECEIVED, IT MAY BE CANCELLED FOR ANY REASON WITHOUT PENALTY (E.G., NO CONTINGENT DEFERRED SALES SURRENDER CHARGE WILL BE DEDUCTED) BY DELIVERING OR MAILING IT TO THE HOME OFFLCE OFFICE OF LNL, OR BY CANCELING THE CONTRACT THROUGH LNL'S INTERNET SERVICE CENTER. THE PURCHASE PAYMENT WILL BE INVESTED IN THE LINCOLN NATIONAL MONEY MARKET FUND DURING THIS FREE LOOK PERIOD. UPON CANCELLATION, LNL WILL RETURN THE VALUE OF ANY PAYMENTS MADE TO THE VARIABLE ACCOUNT AND/OR ANY PURCHASE PAYMENT PAID UNDER THE FIXED PORTION OF THE CONTRACTACCOUNT. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, CONTRACT ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. AMOUNT (SEE PAGES 4 SECTIONS 2 AND 63). Signed for The the Lincoln National Life Insurance Company at its Home Office in Fort Xxxxx, Indiana. /s/ Xxx XXX X XXXXXX, PRESIDENT XXXXX X. XXXXXX, VICE PRESIDENT CONTRACT NUMBER: XX-0123456 CONTRACT OWNER INFORMATION PRIMARY JOINT ------- ----- CONTRACT OWNER: Xxxxxxx Xxxxxxx Xxxx Xxxxxxx CONTRACT OWNER ADDRESS: 0000 Xxxxxx /s/ Xxx X. Xxxxx Xxx X. XxxxxxXxxxxx 0000 Xxxxxx Xxxxxx Xxxxxxxxxxxx, President Xxx X. XxxxxXX 00000 Xxxxxxxxxxxx, Second Vice President TABLE XX 00000 CONTRACT OWNER SSN/TAX ID: 000-00-0000 000-00-0000 ANNUITANT INFORMATION ANNUITANT: Xxxxxxx Xxxxxxx DATE OF CONTENTS ARTICLE PAGE BIRTH: 2/17/1938 SEX: Male CONTINGENT ANNUITANT: Xxxx Xxxxxxx DATE OF BIRTH: 4/12/1938 SEX: Female CONTRACT DATA CONTRACT NUMBER XX-01 23456 ANNUITANT XXXXXXX XXXXXXX AGE AT ISSUE 35 CONTRACT INFORMATION TYPE OF CONTRACT: Non-Qualified EFFECTIVE DATE: July 1, 1998 MATURITY DATE APRIL 1,1989 July 1, 2048 PRODUCT: [eAnnuity] PURCHASE PAYMENT PAYMENT: $1,500.00 PURCHASE PAYMENT FREQUENCY MONTHLY MATURITY DATE APRIL 1FREQUENCY: Monthly PURCHASE PAYMENT ALLOCATION: 25% Lincoln National Managed Fund, 2039 OWNER XXXXXXX XXXXXXX XXXX XXXXXXX XXXX XXXXXXX Inc. 75% Lincoln National Growth and Income Fund, Inc. BENEFICIARY DESIGNATION AS NAMED INFORMATION Beneficiary Name: Xxxx Xxxxxxx Relationship: son LINCOLN NATIONAL LIFE INSURANCE COMPANY CONTACT INFORMATION Lincoln National Life Insurance Company P.O. Box 2340 Fort Xxxxx, IN APPLICATION OR SUBSEQUENT WRITTEN DESIGNATION 46801 URL: http:\\www.[annuitynet].com Form 28977 VARIABLE ACCOUNT There are currently [fourteen] Subaccounts in the Variable Account available to the Owner. The portion Owner may direct Purchase Payments under the Contract to any of your Initial purchase payment the available Subaccounts, subject to limitations. The amounts allocated to each Subaccount will be invested at net asset value in the Fixed Account shares of your Annuity Contract is guaranteed to be credited an initial effective annual Interest rate one of 4.500% through 04/09/1992the regulated investment companies (the Funds or Series). The $25.00 account charge referenced in Section 2.11 will not apply to your Contract.Funds or Series are:

DAY RIGHT TO EXAMINE CONTRACT. WITHIN 10 DAYS AFTER THIS CONTRACT IS FIRST RECEIVED, IT MAY BE CANCELLED FOR ANY REASON WITHOUT PENALTY (E.G., NO CONTINGENT DEFERRED SALES CHARGE WILL BE DEDUCTED) BY DELIVERING OR MAILING IT TO THE REPRESENTATIVE THROUGH WHOM IT WAS PURCHASED OR THE HOME OFFLCE OFFICE OF LNL. UPON CANCELLATION, THIS CONTRACT SHALL BE VOID FROM THE BEGINNING AND LNL WILL RETURN THE VALUE OF ANY PAYMENTS PAYMENT MADE TO THE VARIABLE ACCOUNT AND/OR ANY PURCHASE PAYMENT PAID UNDER THE FIXED PORTION OF THE CONTRACT. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGES 4 AND 6. Signed for The Lincoln National Life Insurance Company at its Home Office in Fort Xxxxx, Indiana. /s/ Xxx XXX X. Xxxxxx XXXXXX /s/ Xxx XXXXXXX XXXXXXXXX XXX X. Xxxxx Xxx X. XxxxxxXXXXXX, President Xxx X. XxxxxPRESIDENT XXXXXXX XXXXXXXXX, Second Vice President SECOND VICE PRESIDENT TABLE OF CONTENTS ARTICLE PAGE 3 BENEFICIARY 7 4 GENERAL PROVISIONS 8 5 ANNUITY PURCHASE RATES UNDER A VARIABLE PAYMENT OPTION 9 6 ANNUITY PURCHASE RATES UNDER A FIXED PAYMENT OPTION 10 7 GUARANTEED VALUES FOR FIXED ALLOCATIONS 11 CONTRACT DATA CONTRACT NUMBER XX-01 23456 XX-0123456 ANNUITANT XXXXXXX XXXXXXX AGE AT ISSUE 35 CONTRACT DATE APRIL 1,1989 1, 1989 PURCHASE PAYMENT $1,500.00 PURCHASE PAYMENT FREQUENCY MONTHLY MATURITY DATE APRIL 1, 2039 OWNER XXXXXXX XXXXXXX XXXX XXXXXXX XXXX XXXXXXX BENEFICIARY DESIGNATION AS NAMED IN APPLICATION OR SUBSEQUENT WRITTEN DESIGNATION The portion of your Initial purchase payment allocated to the Fixed Account of your Annuity Contract is guaranteed to be credited an initial effective annual Interest rate of THE PORTION OF YOUR INITIAL PURCHASE PAYMENT ALLOCATED TO THE FIXED ACCOUNT OF YOUR ANNUITY CONTRACT IS GUARANTEED TO BE CREDITED AN INITIAL EFFECTIVE ANNUAL INTEREST RATE OF 4.500% through THROUGH 04/09/1992. The $25.00 account charge referenced in Section 2.11 will not apply to your Contract.

DAY RIGHT TO EXAMINE CONTRACT. WITHIN 10 DAYS AFTER THIS CONTRACT IS FIRST RECEIVED, IT MAY BE CANCELLED FOR ANY REASON WITHOUT PENALTY (E.G., NO CONTINGENT DEFERRED SALES SURRENDER CHARGE WILL BE DEDUCTED) BY DELIVERING OR MAILING IT TO THE HOME OFFLCE OFFICE OF LNL, OR BY CANCELING THE CONTRACT THROUGH LNL'S INTERNET SERVICE CENTER. THE PURCHASE PAYMENT WILL BE INVESTED IN THE LINCOLN NATIONAL MONEY MARKET FUND DURING THIS FREE LOOK PERIOD. UPON CANCELLATION, LNL WILL RETURN THE VALUE OF ANY PAYMENTS MADE TO THE VARIABLE ACCOUNT AND/OR ANY PURCHASE PAYMENT PAID UNDER THE FIXED PORTION OF THE CONTRACTACCOUNT. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, CONTRACT ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. AMOUNT (SEE PAGES 4 SECTIONS 2 AND 63). Signed for The the Lincoln National Life Insurance Company at its Home Office in Fort Xxxxx, Indiana. /s/ Xxx XXX X XXXXXX, PRESIDENT XXXXX X. Xxxxxx /s/ Xxx X. Xxxxx Xxx X. XxxxxxXXXXXX, President Xxx X. Xxxxx, Second Vice President VICE PRESIDENT Form 28977 TABLE OF CONTENTS ARTICLE PAGE DEFINITIONS 1 PURCHASE PAYMENTS, OPTIONS, AND BENEFITS 2 ANNUITY PAYOUT OPTION BENEFITS 3 BENEFICIARY 4 GENERAL PROVISIONS 5 ANNUITY PURCHASE RATES UNDER A VARIABLE PAYMENT OPTION Form 28977 CONTRACT DATA NUMBER: XX-0123456 CONTRACT NUMBER XX-01 23456 OWNER INFORMATION PRIMARY JOINT ------- ----- CONTRACT OWNER: Xxxxxxx Xxxxxxx Xxxx Xxxxxxx CONTRACT OWNER ADDRESS: 0000 Xxxxxx Xxxxxx 0000 Xxxxxx Xxxxxx Xxxxxxxxxxxx, XX 00000 Xxxxxxxxxxxx, XX 00000 CONTRACT OWNER SSN/TAX ID: 000-00-0000 000-00-0000 ANNUITANT XXXXXXX XXXXXXX AGE AT ISSUE 35 INFORMATION ANNUITANT: Xxxxxxx Xxxxxxx DATE OF BIRTH: 2/17/1938 SEX: Male Contingent Annuitant: Xxxx Xxxxxxx DATE OF BIRTH: 4/12/1938 SEX: Female CONTRACT INFORMATION TYPE OF CONTRACT: Non-Qualified EFFECTIVE DATE: July 1, 1998 MATURITY DATE APRIL 1,1989 July 1, 2048 PRODUCT: [eAnnuity] PURCHASE PAYMENT PAYMENT: $1,500.00 PURCHASE PAYMENT FREQUENCY MONTHLY MATURITY DATE APRIL 1FREQUENCY: Monthly PURCHASE PAYMENT ALLOCATION: 25% Lincoln National Managed Fund, 2039 OWNER XXXXXXX XXXXXXX XXXX XXXXXXX XXXX XXXXXXX Inc. 75% Lincoln National Growth and Income Fund, Inc. BENEFICIARY DESIGNATION AS NAMED INFORMATION Beneficiary Name: Xxxx Xxxxxxx Relationship: son LINCOLN NATIONAL LIFE INSURANCE COMPANY CONTACT INFORMATION Lincoln National Life Insurance Company P.O. Box 2340 Fort Xxxxx, IN APPLICATION OR SUBSEQUENT WRITTEN DESIGNATION 46801 URL: http:\\www.[annuitynet].com Form 28977 VARIABLE ACCOUNT There are currently [fourteen] Subaccounts in the Variable Account available to the Owner. The portion Owner may direct Purchase Payments under the Contract to any of your Initial purchase payment the available Subaccounts, subject to limitations. The amounts allocated to each Subaccount will be invested at net asset value in the Fixed Account shares of your Annuity Contract is guaranteed to be credited an initial effective annual Interest rate one of 4.500% through 04/09/1992the regulated investment companies (the Funds or Series). The $25.00 account charge referenced in Section 2.11 will not apply to your Contract.Funds or Series are: