Common use of SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS Clause in Contracts

SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS. Shares of the Funds shall be made available as investments for the following Separate Accounts: Lincoln Life Variable Annuity Account N Additionally, “Accounts” and “Contracts” will include any new Accounts and Contracts created subsequent to the date hereof. Rydex Variable Trust Xxxxxxx Fund Banking Fund Basic Materials Fund Biotechnology Fund Clermont Fund Commodities Strategy Fund Consumer Products Fund Dow 2x Strategy Fund Electronics Fund Energy Fund Energy Services Fund Europe 1.25x Strategy Fund Financial Services Fund Government Long Bond 1.2x Strategy Fund Health Care Fund Internet Fund Inverse Dow 2x Strategy Fund Inverse Government Long Bond Strategy Fund Inverse Mid-Cap Strategy Fund Inverse NASDAQ-100® Strategy Fund Inverse Xxxxxxx 2000® Strategy Fund Inverse S&P 000 Xxxxxxxx Xxxx Xxxxx 0x Xxxxxxxx Fund Leisure Fund Global Managed Futures Strategy Fund Mid-Cap 1.5x Strategy Fund Multi-Hedge Strategies Fund NASDAQ-100® 2x Strategy Fund NASDAQ-100® Fund Nova Fund Precious Metals Fund Real Estate Fund Retailing Fund Xxxxxxx 2000® 1.5x Strategy Fund Xxxxxxx 2000® 2x Strategy Fund S&P 500 2x Strategy Fund S&P 500 Pure Growth Fund S&P 500 Pure Value Fund S&P MidCap 400 Pure Growth Fund S&P MidCap 400 Pure Value Fund S&P SmallCap 600 Pure Growth Fund S&P SmallCap 600 Pure Value Fund Select Allocation Fund Strengthening Dollar 2x Strategy Fund Technology Fund Telecommunications Fund Transportation Fund Long Short Equity Fund Utilities Fund Weakening Dollar 2x Strategy Fund The following is a list of procedures and corresponding responsibilities for the handling of proxies and voting instructions relating to the Funds. The defined terms herein shall have the meanings assigned in the Participation Agreement except that the term “Company” shall also include the department or third party assigned by the Company to perform the steps delineated below.

SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS. Shares of the Funds shall be made n1ade available as investments investn1ents for the following Separate Accounts: Lincoln Life Variable Annuity Account N Additionally, “Accounts” and “Contracts” will include any new Accounts and Contracts created subsequent to the date hereof. Rydex Variable Trust Xxxxxxx Fund Banking Fund Basic Materials Fund Biotechnology Fund Clermont Fund Commodities Strategy Fund Consumer Fund\Consumer Products Fund Dow 2x Strategy Fund Electronics Fund Energy Fund Energy Services Fund Europe 1.25x Strategy Fund Financial Services Fund Government Long Bond 1.2x Strategy Fund Health Care Fund High Yield Strategy Internet Fund Inverse Dow 2x Strategy Fund Inverse Government Long Bond Strategy Fund Inverse Mid-Cap Strategy Fund Inverse NASDAQ-100® Strategy Fund Inverse Xxxxxxx 2000® Strategy Fund Inverse S&P 000 Xxxxxxxx Xxxx Xxxxx 0x Xxxxxxxx Fund Leisure Fund Global Managed Futures Strategy Fund Mid-Cap 1.5x l.5x Strategy Fund Multi-Hedge Strategies Fund NASDAQ-100® 2x Strategy Fund NASDAQ-100NASDAQ-I 100® Fund Nova Fund Precious Metals Fund Real Estate Fund Retailing Fund Xxxxxxx 2000® 1.5x Strategy Fund Xxxxxxx 2000® 2x Strategy Fund S&P 500 2x Strategy Fund S&P 500 Pure Growth Fund S&P 500 Pure Value Fund S&P MidCap 400 Pure Growth Fund S&P MidCap 400 Pure Value Fund S&P SmallCap 600 Pure Growth Fund S&P SmallCap 600 Pure Value Fund Select Allocation Fund Strengthening Dollar 2x Strategy Fund Technology Fund Telecommunications Fund Transportation Fund Long Short Equity Fund Utilities Fund Weakening Dollar 2x Strategy Fund Series A (Guggenheim StylePlus Large Core Series) Series B (Guggenheim Large Cap Value Series) Series D (Guggenheim World Equity Income Series) Series E (Guggenheim Total Return Bond Series) Series F (Guggenheim Floating Rate Strategies Series) Series J (Guggenheim StylePlus Mid Growth Series) Series M (Guggenheim Macro Opportunities Series) Series N (Guggenheim Managed Asset Allocation Series) Series O (Guggenheim All Cap Value Series) Series P (Guggenheim High Yield Series) Series Q (Guggenheim Small Cap Value Series) Series V (Guggenheim Mid Cap Value Series) Series X (Guggenheim StylePlus Small Growth Series) Series Y (Guggenheim StylePlus Large Growth Series) Series Z (Guggenheim Alpha Opportunities Series) Proxy Materials/Voting. The following is Company will distribute all proxy material furnished by the Funds to the extent required by applicable law. For so long as the SEC interprets the 1940 Act to require pass-through voting by insurance companies whose separate accounts are registered as investment companies under the 1940 Act (“Registered Separate Accounts”), the Company shall vote shares of the Funds held in Registered Separate Accounts at shareholder meetings of the Funds in accordance with instructions timely received by the Company (or its designated agent) from owners of Contracts funded by such Registered Separate Accounts having a list of procedures and corresponding responsibilities for the handling of proxies and voting instructions relating to interest in the Funds. The defined terms herein Company shall have vote shares of the meanings assigned Funds held in Registered Separate Accounts that are attributable to the Participation Agreement except Contracts as to which no timely instructions are received, as well as shares held in such Registered Separate Account that are not attributable to the term “Company” shall also include the department or third party assigned Contracts and owned beneficially by the Company to perform (resulting from charges against the steps delineated belowContracts or otherwise), in the same proportion as the votes cast by owners of the Contracts funded by the Registered Separate Account having a voting interest in the Funds from whom instructions have been timely received. The Company shall vote shares of the Funds held in its general account or in any Separate Account that is not registered under the 1940 Act, if any, in its discretion.

SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS. Shares of the Funds of the Trust shall be made available as investments for the following Separate Accounts: Lincoln Life Variable Annuity Account N AdditionallyA – January 22, “Accounts” 1996 FSB216 – AdvisorDesigns Rydex Arktos Rydex Banking Rydex Basic Materials Rydex Biotechnology Rydex Consumer Products Rydex Electronics Rydex Energy Rydex Energy Services Rydex Financial Services Rydex Health Care Rydex Internet Rydex Inverse Dynamic Dow 30 Rydex Inverse Mid Cap Rydex Inverse Small Cap Rydex Juno Rydex Large Cap Europe Rydex Large Cap Growth Rydex Large Cap Japan Rydex Large Cap Value Rydex Leisure Rydex Long Dynamic Dow 30 Rydex Medius Rydex Mekros Rydex Mid Cap Growth Rydex Mid Cap Value Rydex Nova Rydex OTC Rydex Precious Metals Rydex Real Estate Rydex Retailing Rydex Sector Rotation Rydex Small Cap Growth Rydex Small Cap Value Rydex Technology Rydex Telecommunications Rydex Titan 500 Rydex Transportation Rydex U.S.. Government Bond Rydex U.S. Government Money Market Rydex Ursa Rydex Utilities Rydex Velocity 100 CLS AdvisorOne Funds – Xxxxxxx Fund CLS AdvisorOne Funds – Clermont Fund Rydex Commodities Rydex Strengthening Dollar Rydex Weakening Dollar Variable Annuity Account B – January 22, 1996 FSB234 – AdvanceDesigns and “Contracts” will include any new Accounts and Contracts created subsequent to the date hereof. FSB236 – SecureDesigns Rydex Sector Rotation WHEREAS, Rydex Variable Trust Xxxxxxx Fund Banking Fund Basic Materials Fund Biotechnology Fund Clermont Fund Commodities Strategy Fund Consumer Products Fund Dow 2x Strategy Fund Electronics Fund Energy Fund Energy Services Fund Europe 1.25x Strategy Fund Financial Services Fund Government Long Bond 1.2x Strategy Fund Health Care Fund Internet Fund Inverse Dow 2x Strategy Fund Inverse Government Long Bond Strategy Fund Inverse Mid-Cap Strategy Fund Inverse NASDAQ-100® Strategy Fund Inverse Xxxxxxx 2000® Strategy Fund Inverse S&P 000 Xxxxxxxx Xxxx Xxxxx 0x Xxxxxxxx Fund Leisure Fund Global Managed Futures Strategy Fund Mid-Cap 1.5x Strategy Fund Multi-Hedge Strategies Fund NASDAQ-100® 2x Strategy Fund NASDAQ-100® Fund Nova Fund Precious Metals Fund Real Estate Fund Retailing Fund Xxxxxxx 2000® 1.5x Strategy Fund Xxxxxxx 2000® 2x Strategy Fund S&P 500 2x Strategy Fund S&P 500 Pure Growth Fund S&P 500 Pure Value Fund S&P MidCap 400 Pure Growth Fund S&P MidCap 400 Pure Value Fund S&P SmallCap 600 Pure Growth Fund S&P SmallCap 600 Pure Value Fund Select Allocation Fund Strengthening Dollar 2x Strategy Fund Technology Fund Telecommunications Fund Transportation Fund Long Short Equity Fund Utilities Fund Weakening Dollar 2x Strategy Fund The following is (the “Trust”), Rydex Distributors, Inc. (the “Underwriter”) and First Security Benefit Life Insurance and Annuity Company of New York (the “Company”) are parties to a list of procedures and corresponding responsibilities for the handling of proxies and voting instructions relating to the Funds. The defined terms herein shall have the meanings assigned in the Participation Agreement except that dated May 1, 2002, as amended May 1, 2003, July 1, 2003, December 13, 2004, and September 28, 2005 (the term “Company” shall also include the department or third party assigned by the Company to perform the steps delineated below.Agreement”); and