EXHIBIT 28(H)(6)(B)
FORM OF
AMENDMENT TO
CONSULTING AGREEMENT
THIS AMENDMENT TO CONSULTING AGREEMENT, dated as of May 1, 2011 (the
"Amendment"), is between Lincoln Investment Advisors Corporation, a Tennessee
corporation ("LIAC") and Wilshire Associates Incorporated ("Wilshire"), a
__________________ corporation.
WHEREAS, LIAC has contracted with Wilshire to provide consulting services in
respect of certain of the funds within the Lincoln Variable Insurance Products
Trust (the "Trust") pursuant to a Consulting Agreement, entered into June 11,
2010 (the "Consulting Agreement"); and
WHEREAS, LIAC desires to retain Wilshire to provide consulting services with
respect to additional funds of the Lincoln Variable Insurance Products Trust;
and
WHEREAS, Wilshire is willing to serve in such capacity; and
WHEREAS, the parties have agreed to change the fee arrangement for such
consulting services.
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree as follows:
1. Schedule A shall be deleted and replaced with the attached Schedule A to
reflect the additional funds that will be subject to the Consulting Agreement.
2. Schedule B shall be deleted and replaced with the attached Schedule B to
reflect the new fee arrangement and compensation for Wilshire's consulting
services.
3. The following sentence shall be added to Section 10(a) of the Consulting
Agreement: "Notwithstanding the foregoing, the Adviser is permitted to disclose
that it has retained Wilshire as a consultant with respect to the funds in
advertising, supplemental sales literature or other promotional materials."
4. All other terms and provisions of the Consulting Agreement not amended
herein shall remain in full force and effect.
5. This Amendment may be executed in two or more counterparts, which
together shall constitute one instrument.
987241-2 1 Amendment - Wilshire Consulting Agreement
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their duly authorized officers as of the day and year first written
above.
LINCOLN INVESTMENT ADVISORS CORPORATION WILSHIRE ASSOCIATED INCORPORATED
By: ___________________________________ By: ____________________________
Name: _________________________________ Name: __________________________
Title: ________________________________ Title: _________________________
987241-2 2 Amendment - Wilshire Consulting Agreement
SCHEDULE A
FUNDS SUBJECT TO CONSULTING AGREEMENT
LVIP American Balanced Allocation Fund
LVIP American Income Allocation Fund
LVIP American Growth Allocation Fund
LVIP Aggressive Profile Fund
LVIP Conservative Profile Fund
LVIP Moderately Aggressive Profile Fund
LVIP 2010 Profile Fund
LVIP 2020 Profile Fund
LVIP 2030 Profile Fund
LVIP 2040 Profile Fund
LVIP 2050 Profile Fund
987241-2 3 Amendment - Wilshire Consulting Agreement
