0000914036-12-000014 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • May 24th, 2012 • Lincoln Advisors Trust • Delaware

THIS AGREEMENT is made by and between the LINCOLN ADVISORS TRUST (the "Trust"), a Delaware statutory trust, on behalf of each of its series (each referred to herein as the "Fund" or collectively as the "Funds"), which are listed in Schedule A to this Agreement, and LINCOLN INVESTMENT ADVISORS CORPORATION (the "Investment Manager"), a Tennessee corporation.

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