0000059558-13-000034 Sample Contracts

NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • March 1st, 2013 • Lincoln National Corp • Life insurance

This Nonqualified Stock Option Agreement (the “Agreement”) evidences the terms of the grant by Lincoln National Corporation (“LNC”) of a Nonqualified Stock Option (the “Option”) to [Name] (“Grantee”) on February 22, 2012 (the “Date of Grant”), and Grantee’s acceptance of the Option in accordance with and subject to the terms and provisions of the Lincoln National Corporation 2009 Amended and Restated Incentive Compensation Plan (the “Plan”) and this Agreement. LNC and Grantee agree as follows:

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Lincoln National Corporation Restricted Stock Unit Award Agreement
Restricted Stock Unit Award Agreement • March 1st, 2013 • Lincoln National Corp • Life insurance

This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and [Name] (the “Grantee”), and evidences the grant on February 22, 2012 of Restricted Stock Units to Grantee, and Grantee’s acceptance of the Restricted Stock Units in accordance with the terms and provisions of the Lincoln National Corporation 2009 Amended and Restated Incentive Compensation Plan, effective May 14, 2009 (the “Plan”) and this Agreement. LNC and Grantee agree as follows:

2012- 2014 Performance Cycle Agreement
Long-Term Incentive Award Agreement • March 1st, 2013 • Lincoln National Corp • Life insurance

This award agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) and [Name] (“Grantee”), evidences the grant by LNC on February 22, 2012, of a long-term incentive performance award to Grantee, and Grantee’s acceptance of the award in accordance with and subject to the provisions of the Lincoln National Corporation Incentive Compensation 2009 Amended and Restated Plan effective May 14, 2009 (“Plan”) and this Agreement. LNC and Grantee agree as follows:

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