EX-99.D4MMII 3 d532515dex99d4mmii.htm SUB-ADVISORY AGREEMENT AMENDMENT - LIAC AND T. ROWE PRICE Sub-Advisory Agreement Amendment - LIAC and T. Rowe Price

SUB-ADVISORY AGREEMENT AMENDMENT

This Amendment dated as of July 1, 2023 (the “Amendment”) to the Sub-Advisory Agreement dated April 30, 2007 (the “Agreement”), is between Lincoln Investment Advisors Corporation, a Tennessee corporation (the “Adviser”), and T. Rowe Price Associates, Inc., a Maryland corporation (the “Sub-Adviser”).

WHEREAS, the Adviser currently serves as the investment adviser to the Fund listed on Schedule A of the Agreement;

WHEREAS, pursuant to the Agreement, the Sub-Adviser provides sub-advisory services to the LVIP T. Rowe Price Growth Stock Fund; and

WHEREAS, the Adviser and the Sub-Adviser have agreed to reduce sub-advisory fees under the Agreement.

WHEREAS, effective March 13, 2023, Lincoln Investment Advisors Corporation underwent a name change to “Lincoln Financial Investments Corporation” (“LFI”);

NOW, THEREFORE, in consideration of the mutual covenants herein contained, the Agreement is amended as follows:

 

  1.

Schedule A shall be deleted and replaced with the attached Schedule A.

 

  2.

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

 

  3.

All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

 

  4.

This Agreement may be executed in two or more counterparts, which together shall constitute one instrument.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers, as of the day and year first above written.

 

  Lincoln Financial Investments Corporation      T. Rowe Price Associates, Inc.
  By: /s/ Benjamin A. Richer                                  By: /s/ Terence Baptiste                            
  Name: Benjamin A. Richer      Name: Terence Baptiste
  Title: Senior Vice President      Title: Managing Legal Counsel


SCHEDULE A

to Sub-Advisory Agreement

between

Lincoln Financial Investments Corporation and

T. Rowe Price Associates, Inc.

Fee Schedule

 

Fund  

Fees Payable on aggregate average daily net

assets of the Funds

  Effective Date
LVIP T. Rowe Price Growth Stock Fund   [REDACTED]  

July 1, 2023

* Transitional Credits

[REDACTED]

 

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