Exhibit 23(d)(1)(g)
Form of
[DATE]
Lincoln Investment Advisors Corporation
0000 Xxxxx Xxxxxxx Xxxxxx
Xxxx Xxxxx, Xxxxxxx 00000
RE: Advisory Fee Waiver Agreement - [FUND]
Ladies and Gentlemen:
This letter agreement (the "Agreement") confirms the advisory fee waiver
between the __________ (the "Fund"), a series of Lincoln Variable Insurance
Products Trust (the "Trust"), and Lincoln Investment Advisors Corporation (the
"Adviser") with respect to the portfolio management of the LVIP __________ Fund.
1. Advisory Expense Waiver. The Adviser has agreed to waive a portion of
the advisory fee payable to the Adviser under the Investment
Management Agreement, dated as of __________ ("Investment Management
Agreement"), between the Fund and the Adviser, as set forth in the
attached Schedule A.
2. Term and Termination. This Agreement shall become effective on
__________ and shall continue for an initial term ending April 30,
2010. The Agreement shall renew automatically for one-year terms
unless the Trust or the Adviser provides written notice of the
termination of the Agreement within 30 days of the end of the then
current term. In addition, this Agreement will terminate automatically
in the event of the termination of the Investment Management Agreement
or the termination of the Sub-Advisory Agreement, dated __________,
between the Adviser and __________.
3. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of Delaware, provided that
nothing in this Agreement shall be construed in a manner inconsistent
with the Investment Company Act of 1940, as amended, or the Investment
Advisers Act of 1940, as amended.
Please indicate your approval of this Agreement by signing and returning a
copy of this letter to the Fund.
Very truly yours,
________________, a series of
Lincoln Variable Insurance Products Trust
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Name:
Title:
Date:
Agreed to:
LINCOLN INVESTMENT ADVISORS CORPORATION
-----------------------------------------
Name:
Title:
Date:
Schedule A
Avg. Daily Net Assets of the Fund Xxxxxx Xxxxxx*
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* These amounts are stated on an annual basis.