0001193125-16-569361 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 29th, 2016 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (the “Agreement”), effective as of May 1, 2016, is between Lincoln Investment Advisors Corporation, a Tennessee corporation (the “Adviser”), and Milliman Financial Risk Management LLC, a Delaware limited liability company (the “Sub-Adviser”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 29th, 2016 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”), executed as of January 27, 2016, is between Lincoln Investment Advisors Corporation, a Tennessee corporation (the “Adviser”), and Franklin Mutual Advisers, LLC, a Delaware limited liability company (the “Sub-Adviser”).

SUB-ADVISORY AGREEMENT LVIP BLENDED LARGE CAP GROWTH MANAGED VOLATILITY FUND
Sub-Advisory Agreement • April 29th, 2016 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”) executed as of February 8, 2016, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a New Hampshire corporation (the “Adviser”), and WELLINGTON MANAGEMENT COMPANY LLP, a Delaware limited liability partnership (the “Sub-Adviser”).

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 29th, 2016 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”), executed as of March 21, 2016, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a Tennessee corporation (the “Adviser”), and BLACKROCK ADVISORS, LLC, a Delaware limited liability company (the “Sub-Adviser”).

SUB-ADVISORY AGREEMENT LVIP BLENDED MID CAP MANAGED VOLATILITY FUND
Sub-Advisory Agreement • April 29th, 2016 • Lincoln Variable Insurance Products Trust • Delaware

This Sub-Advisory Agreement (“Agreement”) executed as of February 8, 2016, is between LINCOLN INVESTMENT ADVISORS CORPORATION, a New Hampshire corporation (the “Adviser”), and T. ROWE PRICE ASSOCIATES, INC., a Maryland corporation (the “Sub-Adviser”).

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