0000940400-14-000527 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • August 27th, 2014 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”), effective as of April 30, 2014, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a Tennessee corporation (the “Adviser”), and BLACKROCK INVESTMENT MANAGEMENT, LLC, a Delaware corporation (the “Sub-Adviser”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • August 27th, 2014 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”), effective April 30, 2014, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a Tennessee corporation (the “Adviser”), and Franklin Advisers, Inc., a California corporation (the “Sub-Adviser”).

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • August 27th, 2014 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”) executed as of April 30, 2014, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a Tennessee corporation (the “Adviser”), and GOLDMAN SACHS ASSET MANAGEMENT, L.P., a Delaware limited partnership (the “Sub-Adviser”).

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • August 27th, 2014 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”), effective as of April 30, 2014, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a Tennessee corporation (the “Adviser”), and Pacific Investment Management Company LLC, a Delaware limited liability company (the “Sub-Adviser”).

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • August 27th, 2014 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”), effective as of April 30, 2014, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a Tennessee corporation (the “Adviser”), and AQR Capital Management, LLC, a Delaware limited liability company (the “Sub-Adviser”).

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • August 27th, 2014 • Lincoln Variable Insurance Products Trust

THIS AGREEMENT is made by and between the LINCOLN VARIABLE INSURANCE PRODUCTS TRUST (the “Trust”), a Delaware statutory trust, on behalf of each of its series (the “Funds”), which are listed in Schedule A to this Agreement, and LINCOLN INVESTMENT ADVISORS CORPORATION (the “Investment Manager”), a Tennessee corporation.

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