AMENDMENT DATED JAN. 21, 1999/8
TO THE FUND PARTICIPATION AGREEMENT
BACKGROUND
WHEREAS, JANUS ASPEN SERIES (the "Trust'), and LINCOLN
NATIONAL LIFE INSURANCE COMPANY (The "Company") entered into a Fund
Participation Agreement dated September 25, 1998.
WHEREAS, the parties now desire to modify the Agreement as follows:
AMENDMENT
For good and valuable consideration the receipt of which is acknowledged, the
parties agree that:
1. Section 2.3. OBLIGATIONS OF THE PARTIES be amended with the addition
of the following:
If the Company elects to include any materials provided by the Trust,
specifically prospectuses, SAIs, shareholder reports and proxy materials, on
its web site or any other computer or electronic format, the Company assumes
sole responsibility for maintaining such materials in the form provided by the
Trust and for promptly replacing such materials with all updates provided by
the Trust.
2. The Agreement, as modified by this Amendment, is ratified and
confirmed.
LINCOLN NATIONAL LIFE JANUS ASPEN SERIES
INSURANCE COMPANY
By: By:
Name:
Title:
