Exhibit 99.B(h)(iv)(c)
AMENDMENT #5 TO PARTICIPATION AGREEMENT
This Amendment to the Participation Agreement dated May 1, 2000 and amended
May 1, 2000, May 1, 2003, May 3, 2004 and June 21, 2006 by and between
JEFFERSON PILOT LIFEAMERICA INSURANCE COMPANY ("JPLA"), JEFFERSON PILOT
FINANCIAL INSURANCE COMPANY, JEFFERSON PILOT VARIABLE CORPORATION ("JPVC"),
FRANKLIN XXXXXXXXX VARIABLE INSURANCE PRODUCTS TRUST and FRANKLIN/XXXXXXXXX
DISTRIBUTORS, INC. is effective April 2, 2007, regardless of when executed.
Whereas, effective Xxxxx 0, 0000, XXXX will change its state of domicile from
New Jersey to New York and will change its name to Lincoln Life and Annuity
Company of New York;
Whereas, effective April 2, 2007 JPF Separate Account B will be renamed
Lincoln Life & Annuity Flexible Premium Variable Life Account JA-B.
Whereas, it is expected that effective May 1, 2007 the Principal Underwriter
for Jefferson-Pilot Life Insurance Company will change from Jefferson Pilot
Variable Corporation to Lincoln Financial Distributors, Inc. ("LFD"), a
broker-dealer;
For good and valuable consideration, the receipt of which is hereby
acknowledged, the parties agree to amend the Agreement as amended as follows:
1. All references to Jefferson Pilot LifeAmerica are replaced with
Lincoln Life and Annuity Company of New York.
2. All references to New Jersey are replaced with New York.
3. All references to JPF Separate Account B are replaced with Lincoln
Life & Annuity Flexible Premium Variable Life Account JA-B.
4. The parties consent to an assignment of the responsibilities of JPVC
under this Agreement to LFD
Each of the parties has caused this Amendment to be executed in its name and
on behalf of its duly authorized officer on the date specified below.
FRANKLIN XXXXXXXXX VARIABLE INSURANCE PRODUCTS TRUST JEFFERSON PILOT LIFEAMERICA INSURANCE COMPANY
By: ___________________ By: ___________________
Name: ________________ Name: ________________
Date: _________________ Date: _________________
LINCOLN FINANCIAL DISTRIBUTORS
By: ________________________
Name: _____________________
Date: ______________________
FRANKLIN/XXXXXXXXX DISTRIBUTORS, INC.
By: ________________________
Name: _____________________
Date: ______________________
JEFFERSON PILOT FINANCIAL INSURANCE COMPANY
By: ________________________
Name: _____________________
Date: ______________________
