0000059558-24-000048 Sample Contracts

LINCOLN NATIONAL CORPORATION LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement For Senior Management Committee (other than CEO)
Long-Term Incentive Award Agreement • August 1st, 2024 • Lincoln National Corp • Life insurance • Delaware

This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the <First Name> <Last Name> (“Grantee”), evidences the grant by LNC on <Grant Date>, 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 2020 Incentive Compensation Plan effective June 11, 2020 (the “Plan”) and this Agreement. LNC and Grantee agree as follows:

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SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • August 1st, 2024 • Lincoln National Corp • Life insurance • Pennsylvania

This Separation Agreement and General Release (“Agreement”) sets out the terms of your job elimination and termination from employment with the Company (as defined in the next sentence). Under this Agreement, the Company (which for purposes of this Agreement 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

LINCOLN NATIONAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT For Senior Management Committee (other than CEO)
Restricted Stock Unit Award Agreement • August 1st, 2024 • Lincoln National Corp • Life insurance • Delaware

This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and <First Name> <Last Name> (the “Grantee”), and evidences the grant on <Grant Date> (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, and Grantee’s acceptance of the RSUs, in accordance with the terms and provisions of the Lincoln National Corporation 2020 Incentive Compensation Plan effective June 11, 2020 (the “Plan”) and this Agreement. LNC and Grantee agree as follows:

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