LINCOLN NATIONAL CORPORATION Underwriting Agreement $800,000,000 7% Capital Securities due 2066Underwriting Agreement • May 17th, 2006 • Lincoln National Corp • Life insurance • New York
Lincoln National Corporation, an Indiana corporation (the “Company”), proposes to issue and sell to the firms named in Schedule I hereto (the “Underwriters” with respect to the securities specified herein), for whom you are acting as representatives (the “Representatives”), the principal amount of its securities or aggregate number of shares identified in Schedule II hereto (the “Securities”), to be issued under the indenture specified in Schedule II hereto (the “Indenture”) between the Company and the Trustee identified in such Schedule (the “Trustee”).
ContractLincoln National Corp • May 17th, 2006 • Life insurance • New York
THIS DEBENTURE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE CLEARING AGENCY OR A NOMINEE OF THE CLEARING AGENCY. THIS DEBENTURE IS EXCHANGEABLE FOR DEBENTURES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE CLEARING AGENCY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS DEBENTURE (OTHER THAN A TRANSFER OF THIS DEBENTURE AS A WHOLE BY THE CLEARING AGENCY TO A NOMINEE OF THE CLEARING AGENCY OR BY A NOMINEE OF THE CLEARING AGENCY TO THE CLEARING AGENCY OR ANOTHER NOMINEE OF THE CLEARING AGENCY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES.
