Page> PARTICIPATION AGREEMENT AMONG THE UNIVERSAL INSTITUTIONAL FUNDS, INC., MORGAN STANLEY DISTRIBUTION, INC., MORGAN STANLEY INVESTMENT MANAGEMENT INC., AND THE LINCOLN NATIONAL LIFE INSURANCE COMPANY DATED AS OF NOVEMBER 1, 2008 <Page> <Table>...Participation Agreement • April 1st, 2015 • Lincoln Life Flexible Premium Variable Life Account M • New York
Contract Type FiledApril 1st, 2015 Company Jurisdiction
Page> PARTICIPATION AGREEMENT AMONG THE UNIVERSAL INSTITUTIONAL FUNDS, INC., MORGAN STANLEY DISTRIBUTION, INC., MORGAN STANLEY INVESTMENT MANAGEMENT INC., AND LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK DATED AS OF NOVEMBER 1, 2008 <Page> <Table>...Participation Agreement • April 1st, 2015 • Lincoln Life & Annuity Flexible Premium Variable Life Account M • New York
Contract Type FiledApril 1st, 2015 Company Jurisdiction