Amendment to Fund Participation Agreement
Amendment to Fund Participation Agreement
This 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 Riversource Life Insurance Company (“Company”), 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. | Schedule A shall be deleted in their entirety and replaced with Schedule A 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. |
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: |
Xxxxxxx X. Xxxxx Xx. |
Name: |
Xxxxxxxx Xxxxxx | |||||
Title: |
VP, Treasurer and CAO |
Title: |
SVP, Head of Funds Management | |||||
Date: |
4/24/2023 |
Date: |
4/24/2023 | |||||
Lincoln Financial Distributors, Inc. |
Riversource Life Insurance Company | |||||||
By: |
/s/ Xxxxxx X’Xxxxx |
By: |
/s/ Xxxxx St. Xxxx | |||||
Name: |
Xxxxxx X’Xxxxx |
Name: |
Xxxxx St. Xxxx | |||||
Title: Date: |
SVP 4/24/2023 |
Title: |
Vice President - Fund Selection & Management | |||||
Date: |
4/20/23 |
SCHEDULE A
Lincoln Variable Insurance Products Trusts
LVIP Baron Growth Opportunities Fund
LVIP JPMorgan U.S. Equity Fund
LVIP XX Xxxxxx Small Cap Core Fund
LVIP JPMorgan Mid Cap Value Fund
LVIP JPMorgan Core Bond Fund
RiverSource Life Insurance Company Separate Accounts
RiverSource Variable Account 10 (previously IDS Life Variable Account 10)
RiverSource Variable Annuity Account
RiverSource of New York Variable Annuity Account
RiverSource Variable Life Account