AMENDMENT NO. 8
Exhibit 99(h)(14-b)
AMENDMENT NO. 8
To the PARTICIPATION AGREEMENT
Among
XXXXXX VARIABLE TRUST
XXXXXX RETAIL MANAGEMENT LIMITED PARTNERSHIP
And
LINCOLN NATIONAL LIFE INSURANCE COMPANY
THIS AMENDMENT is made and executed as of the 1st day of February, 2021 among Lincoln
National Life Insurance Company (the “Company”), Xxxxxx Variable Trust (the “Trust”) and Xxxxxx Retail Management Limited Partnership (the “Underwriter).
WHEREAS, the Company, the Trust and the Underwriter have executed a Participation Agreement dated as of April 30, 2001, as
amended (the “Fund Participation Agreement”);
Wherefore, each of the parties hereto wish to amend the Fund Participation Agreement as follows.
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1.
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Schedule A of the Fund Participation Agreement shall be amended to add PVT Xxxxxx Xxxxxx
Balanced Fund - Class IA to Separate Account M.
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2.
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All other terms of the Fund Participation Agreement remain in full force and effect.
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment on the first above-written date.
XXXXXX RETAIL MANAGEMENT LIMITED PARTNERSHIP
By its authorized officer,
/s/ Xxxx Xxxxxxx
Name: Xxxx Xxxxxxx
Title: Head of Relationship Management
XXXXXX VARIABLE TRUST
By its authorized officer,
Name: Xxxxxxx Xxxxxxx
Title: Treasurer of the Funds
LINCOLN NATIONAL LIFE INSURANCE COMPANY
/s/ Xxxxxx X. Xxxxxxxxxx
Name: Xxxxxx X. Xxxxxxxxxx
Title: Senior Vice President
