1. FOR LIFE ©2011 Lincoln National Corporation LCN1105-2054169 For agent/broker use only. Not for use with the public. U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” The Lincoln LifeComp ® Suite Offering a Spectrum of Employer provided Executive Benefit Plans for Business Owners and Key Employees

2. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” The Lincoln LifeComp ® Suite 2 An Illustration and Administration System Offering a Variety of Business and Estate Plans LifeComp ® DollarFlex LifeComp ® FlexKey Plan LifeComp ® ExecBonus LifeComp ® DuoFlex

3. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” The Lincoln LifeComp ® Suite Plan Documentation –Fill in the blanks, company form, completed at the time of the application –Only legal agreement needed to establish the plan Full Plan Administration –Accounting Memorandums –Business Year End Reports –Annual Reviews 3 An Illustration and Administration System Offering a Variety of Business and Estate Plans LifeComp ® DollarFlex LifeComp ® FlexKey Plan LifeComp ® ExecBonus LifeComp ® DuoFlex

4. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Policy Ownership and Control 4 EmployerEmployeeShared

5. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” EmployerEmployeeShared Policy Ownership and Control 5 FlexKeyDollarFlexDuoFlexExecBonus& LifeComp ® Plan Choices

6. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Policy Ownership and Control 6 EmployerEmployeeShared FlexKeyDollarFlexDuoFlexExecBonus& LifeComp ® Plan Choices

7. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Policy Ownership and Control 7 EmployerEmployeeShared FlexKeyDollarFlexDuoFlexExecBonus& LifeComp ® Plan Choices

8. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Policy Ownership and Control 8 EmployerEmployeeShared FlexKeyDollarFlexDuoFlexExecBonus& LifeComp ® Plan Choices

9. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Policy Ownership and Control 9 EmployerEmployeeShared FlexKeyDollarFlexDuoFlexExecBonus& LifeComp ® Plan Choices

10. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” LifeComp ® DollarFlex Employer & Employee own the Policy jointly 10

11. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Plan Structure 11 Co-Owners Joint Ownership Endorsement Interest (or Market) Sensitive Insurance Policy EmployerEmployee

12. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” LifeComp ® DollarFlex Employer & Employee own the Policy jointly Employer premiums are considered a loan for income tax purposes Employer owns cash value equal to its premiums which remains on the books as an corporate asset 12

13. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” LifeComp ® DollarFlex Employer & Employee own the Policy jointly Employer premiums are considered a loan for income tax purposes Employer owns cash value equal to its premiums which remains on the books as an corporate asset Employer may allow the employee to buy out the loan 13

14. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” LifeComp ® DollarFlex 14 Taxation IRS ABC CorporationEmployee Employee pays loan buy-down (if any) and loan interest Salary bonus to employee. For his/her loan buy-down (if any) and loan interest Employee reports buy-down (if any) plus any bonus for interest on loan as income Considered loan to employee Employer pays premium Jointly- Owned Insurance Policy 1 3 2 4

15. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Policy Ownership and Control 15 EmployerEmployeeShared FlexKeyDollarFlexDuoFlexExecBonus& LifeComp ® Plan Choices

16. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” LifeComp ® DuoFlex Employer and Employee own policy values and death benefits in direct proportion to their respective premium share Employer maintains its share of the policy values on the books as an corporate asset Employer may sell its interest in the policy over the employee’s working years 16

17. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” LifeComp ® DuoFlex 17 Ownership Interests Age 50Age 57Age 65 ABC Corporation - EmployerExecutive VP - Employee 100% 46.67%53.33%

18. For agent/broker use only. Not for use with the public. LCN1105-2054169 U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” Policy Ownership and Control 18 EmployerEmployeeShared FlexKeyDollarFlexDuoFlexExecBonus& LifeComp ® Plan Choices

19. FOR LIFE ©2011 Lincoln National Corporation LCN1105-2054169 For agent/broker use only. Not for use with the public. U.S. Patent No. 7,877,303. “System for tracking relevant interest of The Parties to an insurance policy.” The Lincoln LifeComp ® Suite Contact us: 1-800-331-2760 or lifecomp@lfg.com