0000950159-08-000233 Sample Contracts

Contract
2010 Performance Cycle Agreement • February 13th, 2008 • 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 7, 2008, 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 Plan effective May 10, 2008 (“Plan”) and this Agreement. LNC and Grantee agree as follows:

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Delaware Investments U.S., Inc. Incentive Compensation Plan
Restricted Stock Unit Award Agreement • February 13th, 2008 • Lincoln National Corp • Life insurance

This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Delaware Investments U.S., Inc., (“DIUS”) on behalf of itself and its affiliates (including Delaware Management Holdings, Inc. and its subsidiaries (“DMHI”), and Patrick P. Coyne (the “Grantee”), and evidences the grant on February 7, 2008 of Restricted Stock Units to Grantee, and Grantee’s acceptance of the Restricted Stock Units in accordance with the provisions of the Amended and Restated Delaware Investments U.S., Inc. Incentive Compensation Plan, effective November 5, 2007, and any amendments thereto (the “Plan”) and this Agreement. DIUS and Grantee agree as follows:

NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • February 13th, 2008 • 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 _______________________ (“Grantee”) on February 7, 2008 (the “Date of Grant”), and Grantee’s acceptance of the Option in accordance with and subject to the provisions of the Lincoln National Corporation Incentive Compensation Plan (the “Plan”) and this Agreement. LNC and Grantee agree as follows:

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