EX-99.B(H)(12)(A) 2 tm235109d1_ex99-bxhx12xa.htm EXHIBIT 99.B(H)(12)(A)

 

Exhibit 99.B(h)(12)(a)

 

AMENDMENT TO THE

PARTICIPATION AGREEMENT AMONG

GOLDMAN SACHS VARIABLE INSURANCE TRUST,

GOLDMAN SACHS & CO. LLC,

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY &

LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK

 

THIS AMENDMENT TO THE PARTICIPATION AGREEMENT is made and entered into as of the 10th day of March, 2022, by and among GOLDMAN SACHS VARIABLE INSURANCE TRUST (the “Trust”), GOLDMAN SACHS & CO. LLC (formerly known as Goldman, Sachs & Co.) (the “Distributor”), THE LINCOLN NATIONAL LIFE INSURANCE COMPANY, and LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK (collectively, the “Company”), on its own behalf and on behalf of each separate account of the Company identified herein.

 

WITNESSETH:

 

WHEREAS, Trust and Distributor have entered into a Participation Agreement with the Company, dated December 1, 2008, as amended (the "Agreement"), which is incorporated herein by reference;

 

WHEREAS, Article XI of said Agreement provides that the Agreement may only be amended by written agreement signed by all of the parties; and

 

WHEREAS, Trust, Distributor and Company desire to amend Schedules 1A and 1B of the Agreement.

 

NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, and intending to be legally bound, the Agreement shall be further amended as follows:

 

1.Unless otherwise noted or amended herein, all terms used in this Amendment shall have the same meaning as in the Agreement.

 

2.Except as hereby amended, the Agreement remains in full force and effect in accordance with its terms.

 

3.Amendment to Schedules. Schedules 1A and 1B are hereby deleted in their entirety and replaced with the attached Schedules 1A and 1B.

 

 

IN WITNESS WHEREOF, the parties hereto have executed and delivered this Amendment as of the date set forth above.

 

 

 

 

  GOLDMAN SACHS VARIABLE INSURANCE TRUST
   
   
Date: 3/10/2022   By: /s/ Frank Murphy  
  Name: Frank Murphy
  Title: Managing Director
   
  GOLDMAN SACHS & CO. LLC
   
   
Date: 3/10/2022   By: /s/ Frank Murphy  
  Name: Frank Murphy
  Title: Managing Director
   
  THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
   
   
Date: 3/10/2022   By: /s/ Ben Richer  
  Name: Ben Richer
  Title: SVP, Head of Funds Management
   
   
  LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK
   
   
Date: 3/10/2022   By: /s/ Ben Richer  
  Name: Ben Richer
  Title: SVP, Head of Funds Management

 

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Schedule 1

 

Schedule 1A

 

Separate Accounts of the Company Registered

Under the 1940 Act as Unit Investment Trusts

 

The following separate accounts of the Company are subject to the Agreement:

 

 

Name of Account

Date Established by

Board of Directors of
the Company

SEC 1940 Act
Registration Number
Type of Product
Supported by Account
Lincoln Life Variable Annuity Account N November 3, 1997 811-08517 Variable Annuity
       

Lincoln Life Flexible Premium Variable

Life Account JF-A

 

August 20, 1984 811-04160 Variable Universal Life
       

Lincoln Life Flexible Premium Variable

Life Account JF-C

 

August 4, 1993 811-08230 Variable Universal Life
       
Lincoln Life Variable Annuity Account JF-I November 18, 1999 811-09779 Variable Annuity
       
Lincoln Life Variable Annuity Account JF-II January 24, 1994 811-08374

Variable Annuity

 

       
Lincoln New York Account N for Variable Annuities April 2, 2007 811-09763 Variable Annuity
       
Lincoln Life Flexible Premium Variable Life Account M November 4, 1982 811-08557 Variable Universal Life

 

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Schedule 1B

 

 

Variable Annuity Contracts and Variable Life Insurance Contracts Registered Under the Securities Act of 1933

 

The following Contracts are subject to the Agreement:

Name of Contract Available Funds/Share
Classes
1933 Act
Registration
Number
Type of Product
Supported by Account

Lincoln ChoicePlus

Assurance (A Class)

All Series of Goldman Sachs VIT Funds/Service Class 333-138190 Variable Annuity
       

Lincoln ChoicePlus

Assurance (B Class)

All Series of Goldman Sachs VIT Funds/Service Class 333-149434 Variable Annuity
       

Lincoln Ensemble III

VUL

All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144272

Variable Universal

Life

       

Lincoln Ensemble

Accumulator VUL

All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144271

Variable Universal

Life

Lincoln Ensemble

Protector VUL

All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144269

Variable Universal

Life

       

Lincoln Ensemble II

VUL

All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144274

Variable Universal

Life

       
Lincoln Ensemble Exec VUL All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144273

Variable Universal

Life

       

 

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Lincoln Ensemble Exec VUL 2006 All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144268

Variable Universal

Life

       
Lincoln Ensemble SVUL All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144270

Survivorship Variable

Universal Life

       
Pilot Classic Variable Annuity All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144276 Variable Annuity
       

Pilot Elite Variable

Annuity

All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144277 Variable Annuity
       

Allegiance Variable

Annuity

All Series of Goldman Sachs VIT Funds/Service Class & Goldman Sachs Strategic Growth Fund/Institutional Class 333-144278 Variable Annuity
       

Lincoln ChoicePlus

Assurance (A Class)

(for New York)

All Series of Goldman Sachs VIT Funds/Service Class 333-145531 Variable Annuity
       

Lincoln ChoicePlus

Assurance (B Class)

(for New York)

All Series of Goldman Sachs VIT Funds/Service Class 333-149449 Variable Annuity
       

CVUL/CVUL Series III

CVUL Series III ES

All Series of Goldman Sachs VIT Funds/Service Class 333-72875 Variable Universal Life
       
LCV4 ES All Series of Goldman Sachs VIT Funds/Service Class 333-104719 Variable Universal Life
       
LCV5 ES/LCC VUL All Series of Goldman Sachs VIT Funds/Service  Class 333-125790 Variable Universal Life
       

 

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CVUL Series III ES

(for New York)

All Series of Goldman Sachs VIT Funds/Service Class 333-141777 Variable Universal Life
       

LCV4 ES

(for New York)

All Series of Goldman Sachs VIT Funds/Service Class 333-141773 Variable Universal Life
       

LCV5 ES/LCC VUL

(for New York)

All Series of Goldman Sachs VIT Funds/Service Class 333-141769 Variable Universal Life
       
Lincoln ChoicePlus Fusion All Series of Goldman Sachs VIT Funds/Service Class 333-174367 Variable Annuity
       

Lincoln ChoicePlus Fusion

(for New York)

All Series of Goldman Sachs VIT Funds/Service Class 333-176213 Variable Annuity
       
Lincoln Investor AdvantageSM

All Series of Goldman Sachs VIT Funds/Service Class

Goldman Sachs VIT Multi-Strategy

Alternatives Portfolio – Advisor Class

333-193272 Variable Annuity
       
Lincoln Investor AdvantageSM Fee-Based

All Series of Goldman Sachs VIT Funds/Service Class

Goldman Sachs VIT Multi-Strategy

Alternatives Portfolio – Advisor Class

333-193273 Variable Annuity
       
Lincoln Investor AdvantageSM RIA

Goldman Sachs VIT Government Money Market Fund – Institutional Class

Goldman Sachs VIT Multi-Strategy Alternatives Portfolio – Institutional Class

333-193274 Variable Annuity
       

Lincoln Investor AdvantageSM

(For New York)

All Series of Goldman Sachs VIT Funds/Service Class

Goldman Sachs VIT

333-193276 Variable Annuity

 

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  Multi-Strategy Alternatives Portfolio – Advisor Class    
       

Lincoln Investor AdvantageSM Fee-Based

(For New York)

All Series of Goldman Sachs VIT Funds/Service Class

Goldman Sachs VIT Multi-Strategy

Alternatives Portfolio – Advisor Class

333-193277 Variable Annuity
       

Lincoln Investor AdvantageSM RIA

(For New York)

Goldman Sachs VIT Government Money Market Fund- Institutional Class

Goldman Sachs VIT Multi-Strategy Alternatives Portfolio – Institutional Class

333-193278 Variable Annuity
       
Lincoln Lifegoals VUL

Goldman Sachs VIT Government Money Market Fund - Service Shares

Goldman Sachs VIT Multi-Strategy Alternatives Portfolio - Advisor Shares

 

333-259297 Variable Universal Life
       

 

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