Common use of SERVICES TO BE RENDERED BY SUB-ADVISER TO THE FUND Clause in Contracts

SERVICES TO BE RENDERED BY SUB-ADVISER TO THE FUND. (a) Subject always to the control of the Directors of Lincoln National Aggressive Growth Fund, Inc. (the "Fund"), a Maryland corporation, which is an eligible investment fund for Lincoln National Variable Annuity Account C (the "Separate Account"), the Sub-Adviser, at its expense, will furnish continuously an investment program for the Fund which shall at all times meet the diversification requirements of Section 817(h) of the Internal Revenue Code of 1986, as amended (the "Code"). The Sub-Adviser will make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities. In the performance of its duties, the Sub-Adviser will comply with the provisions of the organizational documents and Bylaws of the Fund and the stated investment objective, policies and restrictions of the Fund, and will use its best efforts to safeguard and promote the welfare of the Fund, and to comply with other policies which the Directors or the Adviser, as the case may be, may from time to time determine. The Sub-Adviser shall make its officers and employees available to the Adviser from time to time at such reasonable times as the parties may agree to review investment policies of the Fund and to consult with the Adviser regarding the investment affairs of the Fund. Sub-Adviser understands and agrees that in addition to the Separate Account, the Fund in the future may also be used as an eligible investment fund for other variable annuity and/or variable life insurance separate accounts.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Lincoln National Aggressive Growth Fund Inc), Sub Advisory Agreement (Lincoln National Aggressive Growth Fund Inc)

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SERVICES TO BE RENDERED BY SUB-ADVISER TO THE FUND. (a) Subject always to the control of the Directors of Lincoln National Aggressive Growth Equity-Income Fund, Inc. (the "Fund"), a Maryland corporation, which is an eligible investment fund for Lincoln National Variable Annuity Account C (the "Separate Account"" ), the Subsub-Adviser, at its expense, will furnish continuously an investment program for the Fund which shall at all times meet the diversification requirements of Section 817(h817 (h) of the Internal Revenue Code of 1986, as amended (the "Code"). The Sub-Adviser will make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities. In the performance of its duties, the Sub-Adviser will comply securities in accordance with the provisions of the organizational documents and Bylaws By-laws of the Fund and the stated investment objective, policies and restrictions of the Fund as set forth in the Fund's prospectus. Adviser will provide the Sub-Adviser with copies of the organizational documents of the Fund and with the Fund's prospectus, and any amendments to those items as may occur from time to time. Sub-Adviser will use its best efforts to safeguard and promote the welfare of the Fund, and to comply with other policies which the Directors or the Adviser, as the case may be, Adviser may from time to time determinedetermine and communicate in writing to the Sub-Adviser. The Sub-Adviser shall make its officers and employees available to the Adviser from time to time time, at such reasonable times as the parties may agree agree, to review investment policies of the Fund and to consult with the Adviser regarding the investment affairs of the Fund. Sub-Adviser understands and agrees that in addition to the Separate Account, the Fund in the future may also be used as an eligible investment fund for other variable annuity and/or variable life insurance separate accounts.

Appears in 1 contract

Samples: Sub Advisory Agreement (Lincoln National Equity Income Fund Inc)

SERVICES TO BE RENDERED BY SUB-ADVISER TO THE FUND. (a) Subject always to the control Control of the Directors of Lincoln National Aggressive Growth Xxxxxx Master Fund, Inc. (the "Fund"), a Maryland corporation, which is an eligible investment fund for Lincoln National Pension Variable Annuity Account C (the "Separate AccountVariable Annuity"), the Sub-Adviser, at its expense, will furnish continuously an investment program for the Fund which shall at all times meet the diversification requirements of Section 817(h) of the Internal Revenue Code of 1986, as amended 1986 (the "Code"). The Sub-Adviser will make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities. In the performance of its duties, the Sub-Adviser will comply with the provisions of the organizational documents and Bylaws of the Fund and the stated investment objective, policies and restrictions of the Fund, and will use its best efforts to safeguard and promote the welfare of the Fund, and to comply with other policies which the Directors or the Adviser, as the case may be, may from time to time determine. The Sub-Adviser shall make its officers and employees available to the Adviser from time to time at such reasonable times as the parties may agree to review investment policies of the Fund and to consult with the Adviser regarding the investment affairs of the Fund. Sub-Adviser understands and agrees that in addition to the Separate Account, the Fund in the future may also be used as an eligible investment fund for other variable annuity and/or variable life insurance separate accounts.

Appears in 1 contract

Samples: Sub Advisory Agreement (Lincoln National Global Asset Allocation Fund Inc)

SERVICES TO BE RENDERED BY SUB-ADVISER TO THE FUND. (a) Subject always to the control of the Directors of Lincoln National Aggressive Growth International Fund, Inc. (the "Fund"), a Maryland corporation, which is an eligible investment fund for Lincoln National Variable Annuity Account C (the "Separate AccountVariable Annuity"), the Sub-Adviser, at its expense, will furnish continuously an investment program for the Fund which shall at all times meet the diversification requirements of Section 817(h) of the Internal Revenue Code of 1986, as amended (the "Code"). The Sub-Adviser will make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities. In the performance of its duties, the Sub-Adviser will comply with the provisions of the organizational documents and Bylaws of the Fund and the stated investment objective, policies and restrictions of the Fund, and will use its best efforts to safeguard and promote the welfare of the Fund, and to comply with other policies which the Directors or the Adviser, as the case may be, may from time to time determine. The Sub-Sub- Adviser shall make its officers and employees available to the Adviser from time to time at such reasonable times as the parties may agree to review investment policies of the Fund and to consult with the Adviser regarding the investment affairs of the Fund. Sub-Adviser understands and agrees that in addition to the Separate Account, the Fund in the future may also be used as an eligible investment fund for other variable annuity and/or variable life insurance separate accounts.

Appears in 1 contract

Samples: Sub Advisory Agreement (Lincoln National International Fund Inc)

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SERVICES TO BE RENDERED BY SUB-ADVISER TO THE FUND. (a) Subject always to the control of the Directors of Lincoln National Aggressive Growth Putnam Master Fund, Inc. (the "Fund"), a Maryland corporation, which is an eligible investment fund for Lincoln National Pension Variable Annuity Account C (the "Separate AccountVariable Annuity"), the Sub-Adviser, at its expense, will furnish continuously an investment program for the Fund which shall at all times meet the diversification requirements of Section 817(h) of the Internal Revenue Code of 1986, as amended 1986 (the "Code"). The Sub-Adviser will make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities. In the performance of its duties, the Sub-Adviser will comply with the provisions of the organizational documents and Bylaws of the Fund and the stated investment objective, policies and restrictions of the Fund, and will use its best efforts to safeguard and promote the welfare of the Fund, and to comply with other policies which the Directors or the Adviser, as the case may be, may from time to time determine. The Sub-Adviser shall make its officers and employees available to the Adviser from time to time at such reasonable times as the parties may agree to review investment policies of the Fund and to consult with the Adviser regarding the investment affairs of the Fund. Sub-Adviser understands and agrees that in addition to the Separate Account, the Fund in the future may also be used as an eligible investment fund for other variable annuity and/or variable life insurance separate accounts.

Appears in 1 contract

Samples: Sub Advisory Agreement (Lincoln National Aggressive Growth Fund Inc)

SERVICES TO BE RENDERED BY SUB-ADVISER TO THE FUND. (a) Subject always to the control of the Directors of Lincoln National Aggressive Growth Equity-Income Fund, Inc. (the "Fund"), a Maryland corporation, which is an eligible investment fund for Lincoln National Variable Annuity Account C (the "Separate Account"), the Sub-Adviser, at its expense, will furnish continuously an investment program for the Fund which shall at all times meet the diversification requirements of Section 817(h) of the Internal Revenue Code of 1986, as amended (the "Code"'). The Sub-Adviser will make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities. In the performance of its duties, the Sub-Adviser will comply securities in accordance with the provisions of the organizational documents and Bylaws By-laws of the Fund and the stated investment objective, policies and restrictions of the Fund as set forth in the Fund's prospectus. Adviser will provide the Sub-Adviser with copies of the organizational documents of the Fund and with the Fund's prospectus, and any amendments to those items as may occur from time to time. Sub-Adviser will use its best efforts to safeguard and promote the welfare of the Fund, and to comply with other policies which the Directors or the Adviser, as the case may be, Adviser may from time to time determinedetermine and communicate in writing to the Sub-Adviser. The Sub-Adviser shall make its officers and employees available to the Adviser from time to time time, at such reasonable times as the parties may agree agree, to review investment policies of the Fund and to consult with the Adviser regarding the investment affairs of the Fund. Sub-Adviser understands and agrees that in addition to the Separate Account, the Fund in the future may also be used as an eligible investment fund for other variable annuity and/or variable life insurance separate accounts.

Appears in 1 contract

Samples: Sub Advisory Agreement (Lincoln National Equity Income Fund Inc)

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