0000059558-12-000129 Sample Contracts

AGREEMENT, WAIVER AND GENERAL RELEASE YOU ARE ADVISED TO CONSULT AN ATTORNEY BEFORE SIGNING THIS DOCUMENT. PLEASE READ CAREFULLY. YOU ARE GIVING UP LEGAL CLAIMS THAT YOU MIGHT HAVE AGAINST YOUR EMPLOYER BY SIGNING THIS AGREEMENT.
Separation Agreement • November 1st, 2012 • Lincoln National Corp • Life insurance • Pennsylvania

This Agreement, Waiver and General Release (“Agreement, Waiver and General Release” or “Waiver”) sets out the terms of your separation from Lincoln Financial Group (the “Company”). Under the Waiver, the Company (which for purposes of this Waiver is defined as Lincoln National Corporation, its affiliates and subsidiaries, and each of their directors, officers, representatives, agents, attorneys, employees, successors, and assigns and any other person acting through, by, under or in concert with any of them) will provide you with the payments and other benefits as outlined in paragraph 2.b below in exchange for your agreement to waive and release any legal claims you have against the Company and for your other promises as set forth in this Waiver.

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PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • November 1st, 2012 • Lincoln National Corp • Life insurance • Pennsylvania

This Phased Retirement Agreement (the “Phased Retirement Agreement” or “Agreement”) sets forth the payments and benefits that you will be eligible to receive in exchange for your agreement to abide by certain terms and conditions during and following your phased retirement from the Company (as defined below). Your execution of this Agreement and the attached Agreement, Waiver & General Release (the “Waiver”) are a condition of the Company’s offer to you of this phased retirement arrangement and the position of Vice Chairman, Lincoln Financial Network. If you choose not to execute this Phased Retirement Agreement or the attached Waiver, your employment with the Company shall be terminated effective November 1, 2012. For purposes of this Agreement, the “Company” or “LNC” are defined as Lincoln National Corporation, its affiliates and subsidiaries, and each of their directors, officers, representatives, agents, attorneys, employees, successors, and assigns and any other person acting thro

CONSULTING AGREEMENT PARTIES
Consulting Agreement • November 1st, 2012 • Lincoln National Corp • Life insurance • Pennsylvania

This Independent Contractor Consulting Agreement (“Consulting Agreement”) is between Lincoln National Corporation, an Indiana corporation with its principal office at 150 N. Radnor-Chester Road, Radnor, PA 19087, on behalf of itself and its subsidiaries and affiliates (“Lincoln”), and Robert W. Dineen, an individual having his principal residence at 65 Second Avenue, Westwood, NJ 07675 (“Contractor”).

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