Common use of Substitution of Party Clause in Contracts

Substitution of Party. By signing below, the parties hereby agree that Lincoln Financial Advisors Corporation shall be replaced as principal underwriter of the separate accounts and distributor of the contracts listed on Schedule B of the Agreement by Lincoln Financial Distributors, Inc., which as of the effective date of this Amendment, shall have all the rights and responsibilities associated with such substitution.

Appears in 12 contracts

Samples: Fund Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Fund Participation Agreement (Llany Separate Account S for Flexible Premium Variable Life Insurance), Fund Participation Agreement (Lincoln Life Flexible Premium Variable Life Account S)

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