Exhibit 8(b)(xii)(a)
FIRST AMENDMENT TO PARTICIPATION AGREEMENT
This First Amendment dated as of July 16, 2010 to the Participation
Agreement (the "Agreement"), effective January 1, 2008, between ▇▇▇▇▇ FARGO
VARIABLE TRUST (the "Trust"); ▇▇▇▇▇ FARGO FUNDS DISTRIBUTOR, LLC (the
"Distributor"); THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (the "Company"); and
LINCOLN FINANCIAL DISTRIBUTORS, INC, (the "Insurance Underwriter").
Schedule 4 of the Agreement is hereby deleted in its entirety and replaced
with the following:
SCHEDULE 4
----------
TRUST SHARE SERIES AND CLASSES
AVAILABLE UNDER
EACH CLASS OF CONTRACTS
As of the effective date of this Amendment to the Participation Agreement, the
following Tmst Classes and Series are available under the Contracts:
CONTRACT MARKETING NAME FUND/SERIES - SHARE CLASSES
------------------------------------------ -----------------------------------------------------------------------------
MultiFund 5 ▇▇▇▇▇ Fargo Advantage VT Intrinsic Value Fund (Class 2)
▇▇▇▇▇ Fargo Advantage VT Omega Growth Fund (Class 2)
▇▇▇▇▇ Fargo Advantage VT Small Cap Growth Fund (Class 2)
------------------------------------------ -----------------------------------------------------------------------------
▇▇▇▇▇ Fargo New Directions Core ▇▇▇▇▇ Fargo Advantage VT Index Asset Allocation Fund (Class 2)
▇▇▇▇▇ Fargo New Directions Access ▇▇▇▇▇ Fargo Advantage VT Intrinsic Value Fund (Class 2)
▇▇▇▇▇ Fargo New Directions Access 4 ▇▇▇▇▇ Fargo Advantage VT Small Cap Growth Fund (Class 1 and Class 2)
▇▇▇▇▇ Fargo Advantage VT
International Equity (Class 2) ▇▇▇▇▇
Fargo Advantage VT Omega Growth Fund
(Class 1 and Class 2) ▇▇▇▇▇ Fargo
Advantage VT Total Return Bond Fund
(Class 2) ▇▇▇▇▇ Fargo Advantage VT
Core Equity Fund (Class 2)
------------------------------------------ -----------------------------------------------------------------------------
All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
Effective Date: July 16, 2010
THE LINCOLN NATIONAL LIFE INSURANCE LINCOLN FINANCIAL DISTRIBUTORS, INC.
COMPANY
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇
---------------------------------------- --------------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇
---------------------------------------- --------------------------------------
Title: 2nd Vice President Title: COO
---------------------------------------- --------------------------------------
▇▇▇▇▇ FARGO FUNDS DISTRIBUTOR, LLC ▇▇▇▇▇ FARGO VARIABLE TRUST
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇
---------------------------------------- --------------------------------------
Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇
---------------------------------------- --------------------------------------
Title: Executive Vice President Title: Assistant Secretary
---------------------------------------- --------------------------------------