0001193125-08-109608 Sample Contracts

Lincoln National Corporation Form of Restricted Stock Unit Award Agreement
Restricted Stock Unit Award Agreement • May 9th, 2008 • 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 (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 Lincoln National Corporation Incentive Compensation Plan, as amended, effective May 10, 2007 (the “Plan”) and this Agreement. LNC and Grantee agree as follows:

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FORM OF RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • May 9th, 2008 • Lincoln National Corp • Life insurance

This Restricted Stock Award Agreement (the “Agreement”) is by and between LNC and [Name of Grantee] (the “Grantee”), and evidences the grant, by LNC on August 2, 2007 (“Date of Grant”) of a Restricted Stock Award to Grantee, and Grantee’s acceptance of the Restricted Stock Award in accordance with the provisions of the Lincoln National Corporation Incentive Compensation Plan, as Amended and Restated effective May 10, 2007, and any amendments thereto (the “Plan”) and this Agreement. LNC and Grantee agree as follows:

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