THIRD AMENDMENT TO PARTICIPATION AGREEMENT
This Third Amendment dated as of November 11, 2013 to the Participation
Agreement (the "Agreement"), effective May 1, 2011, 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").
Schedules 2 and 4 of the Agreement are hereby deleted in their entirety
and replaced with the following:
SCHEDULE 2
Qualified Plan Accounts of the Company
Investing in the Trust
Effective as of the date the Agreement was executed, the following separate
accounts of the Company are subject to the Agreement:
============================================ =========================== ===========================
DATE ESTABLISHED BY
NAME OF ACCOUNT BOARD OF DIRECTORS OF THE TYPE OF PRODUCT SUPPORTED
COMPANY BY ACCOUNT
============================================ =========================== ===========================
The Lincoln National Life Insurance July 1, 2001 Group Variable Annuity
Separate Account 63
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Classes of Contracts
Supported by Separate Accounts
Listed on Schedule 2
Effective as of the date the Agreement was executed, the following classes of
Contracts are subject to the Agreement:
============================================ =========================== ===========================
Marketing Name Contract Form Number Annuity or Life
============================================ =========================== ===========================
Lincoln Director 19476 Annuity
============================================ =========================== ===========================
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 Trust Classes and Series are available under the Contracts:
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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)
----------------------------------------- --------------------------------------------------------------------------
Private Placement VUL ▇▇▇▇▇ Fargo Advantage VT Small Cap Growth Fund (Class 1)
▇▇▇▇▇ Fargo Advantage VT Small Cap Value Fund (Class 1)
▇▇▇▇▇ Fargo Advantage VT Discovery Fund (Class 2)
----------------------------------------- --------------------------------------------------------------------------
Lincoln Director ▇▇▇▇▇ Fargo Advantage Discovery Fund - Institutional Class
----------------------------------------- --------------------------------------------------------------------------
All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
Effective Date: November 11, 2013
THE LINCOLN NATIONAL LIFE INSURANCE LINCOLN FINANCIAL DISTRIBUTORS, INC.
COMPANY
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
------------------- --------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President Title: Vice President
▇▇▇▇▇ FARGO FUNDS DISTRIBUTOR, LLC ▇▇▇▇▇ FARGO VARIABLE TRUST
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇
Title: Senior Vice President Title: Assistant Secretary