EX-99.H4A 13 d436717dex99h4a.htm AMENDMENT TO SCHEDULE A TO ADVISORY FEE WAIVER AGREEMENT, LFI & LVIP Amendment to Schedule A to Advisory Fee Waiver Agreement, LFI & LVIP

AMENDMENT TO

ADVISORY FEE WAIVER AGREEMENT

This Amendment (the “Amendment”), effective as of the dates indicated on Schedule A, shall be between Lincoln Investment Advisors Corporation and Lincoln Variable Insurance Products Trust, a Delaware statutory trust (“Trust”), on behalf of each series (each, a “Fund”) set forth in Schedule A.

WHEREAS, the parties hereto entered into the Advisory Fee Waiver Agreement (the “Agreement”), executed and effective as of March 07, 2013; and

WHEREAS, effective March 13, 2023, Lincoln Investment Advisors Corporation underwent a name change to “Lincoln Financial Investments Corporation.”

NOW, THEREFORE, in consideration of the promises and mutual covenants hereinafter contained, the parties, intending to be legally bound, agree as follows:

 

  1.

Schedule A shall be deleted in its entirety and replaced with the amended Schedule A attached below.

 

  2.

All references in the Agreement to “Lincoln Investment Advisors Corporation” are hereby changed to “Lincoln Financial Investments Corporation.”

The parties hereto have caused this Amendment to be signed by their duly authorized officers as of March 28, 2023, and effective in accordance with the dates noted above.

 

  LINCOLN FINANCIAL INVESTMENTS CORPORATION                  LINCOLN VARIABLE INSURANCE PRODUCTS TRUST, on behalf of each of its Funds listed on Schedule A

    

 

By:   /s/ Benjamin A. Richer                    

 

By:     /s/ William P. Flory, Jr.                                

 

Name: Benjamin A. Richer

 

Name: William P. Flory, Jr.

 

Title:  Senior Vice President

 

Title:  Vice President & Chief Accounting Officer


THIS SCHEDULE A lists the Funds and their respective Waiver Amounts, as well as the effective date and termination date for each Waiver Amount, established pursuant to the Advisory Fee Waiver Agreement.

 

    LVIP FUND NAME      

ADVISORY

  FEE WAIVER  

 

  AVG. DAILY NET  

ASSETS OF THE
FUND

    EFFECTIVE  
DATE
    TERMINATION  
DATE

Lincoln Nasdaq-100 Buffer Fund Jun

 

0.23%

0.00%

 

First $50M

Over $50M

  May 1, 2023   April 30, 2024

Lincoln Nasdaq-100 Buffer Fund Sep

 

0.23%

0.00%

 

First $50M

Over $50M

  May 1, 2023   April 30, 2024

Lincoln Nasdaq-100 Buffer Fund Dec

 

0.23%

0.00%

 

First $50M

Over $50M

  May 1, 2023   April 30, 2024

Lincoln Nasdaq-100 Buffer Fund Mar

 

0.23%

0.00%

 

First $50M

Over $50M

  May 1, 2023   April 30, 2024

Lincoln S&P 500 Buffer Fund Feb

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

Lincoln S&P 500 Ultra Buffer Fund Feb

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

Lincoln S&P 500 Buffer Fund May

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

Lincoln S&P 500 Ultra Buffer Fund May

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

Lincoln S&P 500 Buffer Fund Aug

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

Lincoln S&P 500 Ultra Buffer Fund Aug

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

Lincoln S&P 500 Buffer Fund Nov

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

Lincoln S&P 500 Ultra Buffer Fund Nov

  0.12%   All Fund assets   May 1, 2023   April 30, 2024

LVIP American Century Select Mid Cap Managed Volatility Fund

  0.005%   All Fund assets   May 1, 2023   April 30, 2024

LVIP American Balanced Allocation Fund

  0.04%   All Fund assets   May 1, 2023   April 30, 2024

LVIP American Growth Allocation Fund

  0.035%   All Fund assets   May 1, 2023   April 30, 2024

LVIP American Income Allocation Fund

  0.04%   All Fund assets   May 1, 2023   April 30, 2024

LVIP American Preservation Fund

  0.07%   All Fund assets   May 1, 2023   April 30, 2024

LVIP Baron Growth Opportunities Fund

 

0.11%

0.16%

0.21%

0.22%

0.27%

 

Up to $250M

$250M-$500M

$500M - $700M

$700M - $750M

Over $750M

  January 1, 2023   April 30, 2024

LVIP BlackRock Dividend Value Managed Volatility Fund

 

0.125%

0.160%

 

First $750M

Over $750M

  May 1, 2023   April 30, 2024


    LVIP FUND NAME      

ADVISORY

  FEE WAIVER  

 

  AVG. DAILY NET  

ASSETS OF THE
FUND

    EFFECTIVE  
DATE
    TERMINATION  
DATE
LVIP BlackRock Global Allocation Managed Risk Fund*  

0.075%

  All Fund assets   May 1, 2023   April 30, 2024
LVIP BlackRock Global Growth ETF Allocation Managed Risk Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP BlackRock Real Estate Fund  

0.02%

0.01%

0.00%

 

First $250M

$250M - $750M

Over 750M

  May 1, 2023   April 30, 2024
LVIP BlackRock U.S. Growth ETF Allocation Managed Risk Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Blended Large Cap Growth Managed Volatility Fund  

0.155%

0.105%

0.100%

0.085%

 

First $100M

Next $400M

Next $ 1.5B

Over $    2B

  May 1, 2023   April 30, 2024
LVIP Blended Mid Cap Managed Volatility Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP ClearBridge Franklin Select Large Cap Managed Volatility Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Delaware Diversified Floating Rate Fund  

0.03%

0.05%

 

First $2B

Over $2B

  May 1, 2023   April 30, 2024
LVIP Dimensional U.S. Core Equity 1 Fund   0.01%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Dimensional U.S. Equity Managed Volatility Fund   0.005%   All Fund assets   May 1,2023   April 30, 2024
LVIP Fidelity Institutional AM® Select Core Equity Managed Volatility Fund*   0.625%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Franklin Templeton Global Equity Managed Volatility Fund   0.01%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Global Aggressive Growth Allocation Managed Risk Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Global Conservative Allocation Managed Risk Fund   0.01%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Global Growth Allocation Managed Risk Fund   0.01%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Global Income Fund  

0.1025%

0.1125%

0.1225%

 

First $350M

$350M to $525M

$525M to $700M

  May 1, 2023   April 30, 2024


    LVIP FUND NAME      

ADVISORY

  FEE WAIVER  

 

  AVG. DAILY NET  

ASSETS OF THE
FUND

    EFFECTIVE  
DATE
    TERMINATION  
DATE
    0.1375%   Over $700M        
LVIP Global Moderate Allocation Managed Risk Fund  

0.015%

  All Fund assets   May 1, 2023   April 30, 2024
LVIP JPMorgan High Yield Fund  

0.00%

0.05%

 

First $150M

Over $150M

  May 1, 2023   April 30, 2024
LVIP JPMorgan Retirement Income Fund   0.45%   All Fund assets   May 1, 2023   April 30, 2024
LVIP JPMorgan Select Mid Cap Managed Volatility Fund   0.015%   All Fund assets   May 1, 2023   April 30, 2024
LVIP MFS International Growth Fund  

0.11%

0.10%

 

First $400M

Over $400M

  May 1, 2023   April 30, 2024
LVIP MFS International Equity Managed Volatility Fund*   0.665%   All Fund assets   May 1, 2023   April 30, 2024
LVIP MFS Value Fund   0.04%   All fund assets   January 1, 2023   April 30, 2024
LVIP Mondrian International Value Fund  

0.015%

0.010%

 

First $1B

Over $1B

  May 1, 2023   April 30, 2024
LVIP PIMCO Low Duration Bond Fund  

0.050%

0.075%

 

First $500M

Over $500M

  May 1, 2023   April 30, 2024
LVIP SSGA Global Tactical Allocation Managed Volatility Fund   0.10%   All Fund assets   May 1, 2023   April 30, 2024
LVIP SSGA Bond Index Fund  

0.08%

0.122%

0.152%

0.157%

0.162%

 

First $500M

Next $1.5B

Next $500M

Next $2.5B

Over $5.0B

  May 1, 2023   April 30, 2024

LVIP SSGA Developed International 150 Fund

 

 

 

0.07%

0.01%

 

 

 

Up to $50M

$50M - $500M

 

  May 1, 2023   April 30, 2024
LVIP SSGA Emerging Markets 100 Fund  

0.065%

0.025%

0.005%

 

Up to $50M

$50M - $100M

$100M - $500M

  May 1, 2023   April 30, 2024
LVIP SSGA International Index Fund  

0.097%

0.145%

 

Up to $1B

Over $1B

  May 1, 2023   April 30, 2024
LVIP SSGA International Managed Volatility Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP SSGA Large Cap 100 Fund  

0.08%

0.015%

 

Up to $50M

$50M - $500M

  May 1, 2023   April 30, 2024
LVIP SSGA Large Cap Managed Volatility Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP SSGA Mid Cap Index Fund  

0.005%

0.010%

 

Up to $1.5B

Over $1.5B

  May 1, 2023   April 30, 2024
LVIP SSGA S&P 500   0.002%   Up to $1B   May 1, 2023   April 30, 2024


    LVIP FUND NAME      

ADVISORY

  FEE WAIVER  

 

  AVG. DAILY NET  

ASSETS OF THE
FUND

    EFFECTIVE  
DATE
    TERMINATION  
DATE
Index Fund                
LVIP SSGA Small-Cap Index Fund  

0.005%

0.010%

0.015%

 

Up to $500M

Next $1B

Over $1.5B

  May 1, 2023   April 30, 2024
LVIP SSGA Small-Mid Cap 200 Fund   0.065%   Up to $50M   May 1, 2023   April 30, 2024
LVIP SSGA SMID Cap Managed Volatility Fund   0.005%   All Fund assets   May 1, 2023   April 30, 2024
LVIP T. Rowe Price Growth Stock Fund  

0.00%

 

0.025%

0.0125%

 

Fund assets < $1B:

Up to $1B

Fund assets > $1B:

First $1B

Over $1B

  May 1, 2023   April 30, 2024
LVIP T. Rowe Price Structured Mid-Cap Growth Fund   0.05%   Over $750M   May 1, 2023   April 30, 2024
LVIP U.S. Aggressive Growth Allocation Managed Risk Fund   0.015%   All Fund assets   May 1, 2023   April 30, 2024
LVIP U.S. Growth Allocation Managed Risk Fund   0.01%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Vanguard Domestic Equity ETF Fund   0.05%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Vanguard International Equity ETF Fund   0.05%   All Fund assets   May 1, 2023   April 30, 2024
LVIP Wellington Capital Growth Fund  

0.04%

0.07%

 

First $500M

Over $ 500M

  May 1, 2023   April 30,2024
LVIP Wellington SMID Cap Value Fund  

0.115%

0.075%

 

First $100M

Over $100M

  May 1, 2023   April 30, 2024

* The Waiver Amount shall renew automatically for one-year terms unless the Trust and LIA mutually agree to the termination at least 10 days prior to the end of the then current term.