AMENDMENT NO. 7
PARTICIPATION AGREEMENT
This Amendment to the Participation Agreement (the "Agreement") dated October
15, 1998, by and among AIM Variable Insurance Funds, a Delaware trust; A I M
Distributors, Inc., a Delaware corporation, Lincoln Life & Annuity Company of
New York, a New York life insurance company, and Lincoln Financial Advisors
Corporation, is effective April 2, 2007, regardless of when executed.
WHEREAS, a merger of Lincoln Life & Annuity Company of New York and
Jefferson Pilot LifeAmerica Insurance Company ("JPLA") is expected to occur on
or about April 2, 2007;
WHEREAS, effective on or about Xxxxx 0, 0000, XXXX will change its
state of domicile from New Jersey to New York and will change its name to
Lincoln Life & Annuity Company of New York;
WHEREAS, the Principal Underwriter (Underwriter) for Lincoln Life &
Annuity Company of New York may be either Lincoln Financial Advisors Corporation
("LFA") or Lincoln Financial Distributors, Inc. ("LFD"), a broker-dealer;
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree to amend the
Agreement as follows:
1. The parties consent to an assignment of the responsibilities of the
former Lincoln Life & Annuity Company of New York under this Agreement to the
new Lincoln Life & Annuity Company of New York.
2. The parties consent to an assignment of the responsibilities of LFA
under this Agreement to LFD.
Each of the parties has caused this Amendment to be executed in its name and on
behalf of its duly authorized officer on the date specified below.
All other terms and provisions of the Agreement not amended herein shall remain
in full force and effect.
Effective date: April 2, 2007
LINCOLN LIFE & ANNUITY COMPANY OF NEW
AIM VARIABLE INSURANCE FUNDS YORK
By: /s/ Xxxxx X. Xxxxxxxx By: /s/ Xxxxx X. Xxxxxxxxx
--------------------------------- ------------------------------------
Name: Xxxxx X. Xxxxxxxx Name: Xxxxx X. Xxxxxxxxx
Title: Assistant Vice President Title: Second Vice President
A I M DISTRIBUTORS, INC. LINCOLN FINANCIAL DISTRIBUTORS, INC.
By: /s/ Xxxx X. Needles By: /s/ Xxx Xxxx
--------------------------------- ------------------------------------
Name: Xxxx X. Needles Name: Xxx Xxxx
Title: President Title: Senior Vice President
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