AMENDMENT TO FUND PARTICIPATION AGREEMENT
The Lincoln National Life Insurance Company, Templeton Variable
Products Series Fund and Franklin Xxxxxxxxx Distributors, Inc. hereby amend
their Fund Participation Agreement dated as of May 22, 1998, and as amended on
May 1, 1999 by:
1. Replacing Schedule A-C of the Agreement with Amended Schedule A-C,
attached;
2. Replacing Schedule D of the Agreement with Amended Schedule D, attached;
IN WITNESS WHEREOF, the parties have caused their duly authorized
officers to execute this Amendment to Fund Participation Agreement, to be
effective as of October 15, 1999.
LINCOLN NATIONAL LIFE INSURANCE TEMPLETON VARIABLE PRODUCTS SERIES
COMPANY FUND
---------------------------------- --------------------------------------
By its authorized officer By its authorized officer
By: By:
------------------------------- --------------------------------------
Name: Xxxxxx X. Xxxxxxx Name: Xxxxx X. Xxxxxxxx
Title: Second Vice President Title: Assistant Vice President and
Assistant Secretary
FRANKLIN XXXXXXXXX DISTRIBUTORS, INC.
--------------------------------------
By its authorized officer
By:
-----------------------------------
Name: Xxxxxxx Xxxxxx
Title: Senior Vice President and
Assistant Secretary
1
SCHEDULE A-C
CONTRACTS ISSUED BY LINCOLN NATIONAL LIFE INSURANCE COMPANY
-----------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------
CONTRACT 1 CONTRACT 2 CONTRACT 3
----------------------------------------------------------------------------------------------------------------------------
CONTRACT/PRODUCT SVUL I VUL I Lincoln VUL
NAME AND TYPE
----------------------------------------------------------------------------------------------------------------------------
REGISTERED (Y/N) Yes Yes Yes
----------------------------------------------------------------------------------------------------------------------------
SEC REGISTRATION 811-08579 811-08557 811-08557
NUMBER-1940
ACT
----------------------------------------------------------------------------------------------------------------------------
REPRESENTATIVE LN650LL LN605LL LN660
FORM NUMBERS LN615 LN615
LN660 LN605
----------------------------------------------------------------------------------------------------------------------------
SEPARATE ACCOUNT Lincoln Life Flexible Lincoln Life Flexible Lincoln Life Flexible
NAME/DATE Premium Variable Life Premium Variable Life Premium Separate
ESTABLISHED Account R Account M Account M
----------------------------------------------------------------------------------------------------------------------------
SEC REGISTRATION 333-43107 333-42479 333-42479
NUMBER - 1933
ACT
----------------------------------------------------------------------------------------------------------------------------
TEMPLETON Templeton Asset Templeton Asset Xxxxxxxxx International
VARIABLE Allocation Fund - Class 1 Allocation Fund - Class 1 Fund - Class 2
PRODUCTS SERIES Xxxxxxxxx Investment Xxxxxxxxx Investment Xxxxxxxxx Investment
FUND ("TVP") - Counsel, Inc. Counsel, Inc. Counsel, Inc.
PORTFOLIOS AND
CLASSES - ADVISER Xxxxxxxxx International Xxxxxxxxx International Templeton Stock Fund -
Fund - Class 1 Fund - Class 1 Class 2
Xxxxxxxxx Investment Xxxxxxxxx Investment Xxxxxxxxx Investment
Counsel, Inc. Counsel, Inc. Counsel, Inc.
Templeton Stock Fund - Templeton Stock Fund -
Class 1 Class 1
Xxxxxxxxx Investment Xxxxxxxxx Investment
Counsel, Inc. Counsel, Inc.
----------------------------------------------------------------------------------------------------------------------------
2
SCHEDULE A-C
CONTRACTS ISSUED BY LINCOLN NATIONAL LIFE INSURANCE COMPANY
-----------------------------------------------------------
------------------------------------------------------------------------------------------------------------------
CONTRACT 4 CONTRACT 5 CONTRACT 6
------------------------------------------------------------------------------------------------------------------
CONTRACT/PRODUCT CVUL Lincoln SVUL VUL -DB-
NAME AND TYPE
------------------------------------------------------------------------------------------------------------------
REGISTERED (Y/N) Yes Yes Yes
------------------------------------------------------------------------------------------------------------------
SEC REGISTRATION 811-08579 811-08557
NUMBER -1940
ACT
------------------------------------------------------------------------------------------------------------------
REPRESENTATIVE LN920 LN650 LN680
FORM NUMBERS LN921
------------------------------------------------------------------------------------------------------------------
SEPARATE ACCOUNT Lincoln Life Flexible Lincoln Life Flexible Lincoln Life Flexible
NAME/DATE Premium Variable Life Premium Variable Life Premium Separate Account
ESTABLISHED Account S Account R Account M
------------------------------------------------------------------------------------------------------------------
SEC REGISTRATION 333-72875 333-43107 333-40745
NUMBER -1933
ACT
------------------------------------------------------------------------------------------------------------------
TEMPLETON Templeton Asset Xxxxxxxxx International TVP - Templeton
VARIABLE Allocation Fund - Class 2 Fund - Class 2 International Fund - Class
PRODUCTS SERIES Xxxxxxxxx Investment Xxxxxxxxx Investment 2 (Templeton Investment
FUND ("TVP") - Counsel, Inc. Counsel, Inc. Counsel, Inc.)
PORTFOLIOS AND
CLASSES - ADVISER Xxxxxxxxx International Templeton Stock Fund - TVP - Templeton Stock
Fund - Class 2 Class 2 Fund - Class 2 -
Xxxxxxxxx Investment Xxxxxxxxx Investment Xxxxxxxxx Investment
Counsel, Inc. Counsel, Inc. Counsel, Inc.
Templeton Stock Fund -
Class 2
Xxxxxxxxx Investment
Counsel, Inc.
------------------------------------------------------------------------------------------------------------------
3
SCHEDULE D
OTHER PORTFOLIOS AVAILABLE UNDER THE CONTRACTS
----------------------------------------------
AIM Diversified Income Fund
AIM V.I. Growth Fund
AIM V.I. Value Fund
AIM International Fund
American Century International
American Century Income and Growth
American Variable Insurance Series
1) Global Small Capitalization Fund - Class 2
2) Growth Fund - Class 2
3) Growth-Income Fund - Class 2
Baron Capital Asset Fund
BT Equity 500 Index Fund
BT Small Cap Index Fund
BT EAFE Index Fund
Delaware Emerging Markets Series
Delaware Small Cap Value Series
Delaware Trend Series
Delaware Delchester Series
Delaware Devon Series
Delaware International Series
Delaware REIT Series
Fidelity VIP Equity-Income Portfolio
Fidelity VIP II Asset Manager Portfolio
Fidelity VIP II Investment Grade Bond Portfolio
Fidelity VIP Growth
Fidelity VIP II Contrafund
Fidelity VIP III Growth Opportunities
Janus Aspen Aggressive Growth
Janus Aspen Balanced
Janus Aspen Worldwide
4
SCHEDULE D
OTHER PORTFOLIOS AVAILABLE UNDER THE CONTRACTS
----------------------------------------------
Lincoln National Money Market Fund
Lincoln National Bond Fund
Lincoln National Capital Appreciation Fund
Lincoln National Equity-Income Fund
Lincoln National Social Awareness Fund
Lincoln National Global Asset Allocation Fund
MFS Emerging Growth Series
MFS Total Return Series
MFS Utilities Series
MFS Capital Opportunities Series
MFS Research
Xxxxxxxxx Xxxxxx Partners Fund
Xxxxxxxxx Xxxxxx Xxxxxx Growth Fund
OpCap Global Equity Portfolio
OpCap Managed Portfolio
Xxxxxxxxxxx Mainstreet Growth and Income Fund
5
