Common use of Value Fund Clause in Contracts

Value Fund. LLANY Separate Account R - The Lincoln Life & Annuity Company of New York: for Flexible Premium Flexible Premium Variable Life Insurance Policy Variable Life Insurance On the Lives of Two Insureds LN650NY; LN655 ------------------------------------------- ----------------------------------- ---------------------------------------------------- Lincoln New York Account N - Lincoln Life & Annuity Company of New York: for Variable Annuities Delaware Lincoln New York Choice Plus Variable Annuity AN426NY ------------------------------------------- ----------------------------------- ----------------------------------------------------

Appears in 2 contracts

Sources: Participation Agreement (Lincoln Life & Annuity Flexible Prem Vari Life Acct M), Participation Agreement (Lincoln New York Account N for Variable Annuities)