LINCOLN NATIONAL CORPORATION Underwriting Agreement Common Stock, No Par Value June 16, 2009Underwriting Agreement • June 22nd, 2009 • Lincoln National Corp • Life insurance • New York
Lincoln National Corporation, an Indiana corporation (the “Company”), proposes to issue and sell to the several Underwriters listed in Schedule I hereto (the “Underwriters”, for whom you are acting as representatives (the “Representatives”), an aggregate of 40,000,000 shares of common stock, no par value (“Common Stock”), of the Company (the “Firm Securities”) and an aggregate of 6,000,000 additional shares of Common Stock (the “Option Securities”) if and to the extent that the Underwriters shall have determined to exercise the option to purchase such Option Securities granted to the Underwriters in Section 2 hereof (the Option Securities together with the Firm Securities are herein referred to as the “Securities”).
