Second Amendment to Fund Participation Agreement
Second Amendment to Fund Participation Agreement
This Second Amendment (the “Amendment”), by and among Lincoln Variable Insurance Products Trust, a Delaware statutory trust (“Trust”), on its behalf and on behalf of its investment series set forth in Exhibit A (each, a “Fund”), Lincoln Investment Advisors Corporation, a Tennessee corporation (“Adviser”), Lincoln Financial Distributors, Inc., a Connecticut corporation (“Distributor”), and Nationwide Financial Services, Inc., on behalf of its subsidiary life insurance companies listed on Exhibit B (collectively, “Nationwide”) and the current and any future Nationwide separate accounts, as applicable, is effective as of May 1, 2023 (the “Effective Date”).
WHEREAS, the parties hereto entered into the Fund Participation Agreement (“FPA”), executed and effective as of June 5, 2007, as amended;
WHEREAS, the parties desire to amend the Agreement to permit the separate accounts to invest in additional funds; and
WHEREAS, effective March 13, 2023 Lincoln Investment Advisors Corporation changed its name to “Lincoln Financial Investments Corporation.”
NOW, THEREFORE, in consideration of the promises and mutual covenants hereinafter contained, the parties, intending to be legally bound, agree as follows:
1. | Exhibits A and B shall be deleted in their entirety and replaced with Exhibits A and B attached hereto. |
2. | All references in the Agreement to “Lincoln Investment Advisors Corporation” are hereby changed to “Lincoln Financial Investments Corporation.” |
3. | Unless otherwise defined in this Amendment, all terms used herein shall have the meanings they were ascribed in the Agreement. |
4. | All other terms and conditions of the Agreement remain in effect and are hereby incorporated herein by reference. |
5. | This Amendment may be executed in counterparts, each of which shall be deemed to be an original. |
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IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed by its duly authorized representative as of the Effective Date.
Lincoln Variable Insurance | Lincoln Financial Investments | |||||
Products Trust | Corporation | |||||
By: /s/ Xxxxxxx X. Xxxxx Xx. | By: /s/ Xxxxxxxx Xxxxxx | |||||
Name: Xxxx Xxxxx | Name: Xxxxxxxx Xxxxxx | |||||
Title: VP, Accounting Mgt | Title: SVP, Head of Funds | |||||
Date: 4/13/2023 | Management | |||||
Date: 4/13/2023 | ||||||
Lincoln Financial Distributors, Inc. | Nationwide Financial Services, Inc. | |||||
By: /s/ Xxxxxx X’Xxxxx | By: /s/ Xxxxxx X. Xxxxxxxx | |||||
Name: Xxxxxx X’Xxxxx | Name: Xxxxxx X. Xxxxxxxx | |||||
Title: SVP | Title: VP, Head of Fund Operations | |||||
Date: 4/13/2023 | Date: 4/6/2023 |
REMAINDER OF XXXX INTENTIONALLY LEFT BLANK
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Exhibit A
Funds
Dated as of May 1, 2023
The currently available Funds of the Trust are:
LVIP Baron Growth Opportunities Fund — Service Class
LVIP Delaware Value Fund — Service Class
LVIP Delaware XXXX Cap Core Fund — Service Class
LVIP Delaware REIT Fund — Service Class
LVIP Delaware Diversified Income Fund — Service Class
LVIP Delaware Limited-Term Diversified Income Fund — Service Class
LVIP Delaware High Yield Fund — Service Class
LVIP Delaware U.S. Growth Fund — Service Class
LVIP JPMorgan U.S. Equity Fund — Standard Class
LVIP JPMorgan Small Cap Core Fund —Standard Class
LVIP JPMorgan Mid Cap Value Fund — Standard Class
LVIP JPMorgan Core Bond Fund — Standard Class
LVIP JPMorgan Core Bond Fund — Service Class
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Exhibit B
Subsidiary Life Insurance Companies
Nationwide Life Insurance Company
Nationwide Life and Annuity Insurance Company
Nationwide Life Insurance Company of America
Nationwide Life and Annuity Company of America
Nationwide Investment Services Corporation
Separate Accounts
All current and any future Nationwide separate accounts.
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