Common use of Acceptance of Terms of Trust Agreement, Guarantee and Indenture Clause in Contracts

Acceptance of Terms of Trust Agreement, Guarantee and Indenture. THE RECEIPT AND ACCEPTANCE OF A TRUST SECURITY OR ANY INTEREST THEREIN BY OR ON BEHALF OF A SECURITYHOLDER OR ANY BENEFICIAL OWNER, WITHOUT ANY SIGNATURE OR FURTHER MANIFESTATION OF ASSENT, SHALL CONSTITUTE THE UNCONDITIONAL ACCEPTANCE BY THE SECURITYHOLDER AND ALL OTHERS HAVING A BENEFICIAL INTEREST IN SUCH TRUST SECURITY OF ALL THE TERMS AND PROVISIONS OF THIS TRUST AGREEMENT AND AGREEMENT TO THE SUBORDINATION PROVISIONS AND OTHER TERMS OF THE GUARANTEE AND THE INDENTURE, AND SHALL CONSTITUTE THE AGREEMENT OF THE TRUST, SUCH SECURITYHOLDER AND SUCH OTHERS THAT THE TERMS AND PROVISIONS OF THIS TRUST AGREEMENT SHALL BE BINDING, OPERATIVE AND EFFECTIVE AS BETWEEN THE TRUST AND SUCH SECURITYHOLDER AND SUCH OTHERS. LINCOLN NATIONAL CORPORATION By: /s/ F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President and Treasurer BANK ONE TRUST COMPANY, NATIONAL ASSOCIATION as Property Trustee By: /s/ J▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ Name: J▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BANK ONE DELAWARE INC. as Delaware Trustee By: /s/ M▇▇▇▇ ▇. ▇▇▇▇ Name: M▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President /s/ F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Administrative Trustee /s/ J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Administrative Trustee This Certificate of Trust of Lincoln National Capital VI (the “Trust”), dated April 20, 1998, is being duly executed and filed by the undersigned, as trustees, to form a business trust under the Delaware Business Trust Act (12 Del. C. §3801 et seq.).

Acceptance of Terms of Trust Agreement, Guarantee and Indenture. THE RECEIPT AND ACCEPTANCE OF A TRUST SECURITY OR ANY INTEREST THEREIN BY OR ON BEHALF OF A SECURITYHOLDER OR ANY BENEFICIAL OWNER, WITHOUT ANY SIGNATURE OR FURTHER MANIFESTATION OF ASSENT, SHALL CONSTITUTE THE UNCONDITIONAL ACCEPTANCE BY THE SECURITYHOLDER AND ALL OTHERS HAVING A BENEFICIAL INTEREST IN SUCH TRUST SECURITY OF ALL THE TERMS AND PROVISIONS OF THIS TRUST AGREEMENT AND AGREEMENT TO THE SUBORDINATION PROVISIONS AND OTHER TERMS OF THE GUARANTEE AND THE INDENTURE, AND SHALL CONSTITUTE THE AGREEMENT OF THE TRUST, SUCH SECURITYHOLDER AND SUCH OTHERS THAT THE TERMS AND PROVISIONS OF THIS TRUST AGREEMENT SHALL BE BINDING, OPERATIVE AND EFFECTIVE AS BETWEEN THE TRUST AND SUCH SECURITYHOLDER AND SUCH OTHERS. LINCOLN NATIONAL CORPORATION By: /s/ F_____________________________________________ Name: Title: THE FIRST NATIONAL BANK OF CHICAGO, as Property Trustee By: ______________________________________________ Name: Title: FIRST CHICAGO DELAWARE INC., as Delaware Trustee By: ____________________________________________ Name: Title: _______________________________________________ Jane▇ ▇. ▇▇▇▇▇▇▇, ▇▇ Administrative Trustee _______________________________________________ Walt▇▇ ▇▇▇▇▇▇▇▇ Name: F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President and Treasurer BANK ONE TRUST COMPANY, NATIONAL ASSOCIATION as Property Trustee By: /s/ J▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ Name: J▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BANK ONE DELAWARE INC. as Delaware Trustee By: /s/ M▇▇▇▇ ▇. ▇▇▇▇ Name: M▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President /s/ F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Administrative Trustee /s/ J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Administrative Trustee CERTIFICATE OF TRUST OF LINCOLN NATIONAL CAPITAL IV This Certificate of Trust of Lincoln National Capital VI IV (the “"Trust”"), dated April 20______________, 1998, is being duly executed and filed by the undersigned, ,as trustees, to form a business trust under the Delaware Business Trust Act (12 Del. C. §Section 3801 et seq.).

Acceptance of Terms of Trust Agreement, Guarantee and Indenture. THE RECEIPT AND ACCEPTANCE OF A TRUST SECURITY OR ANY INTEREST THEREIN BY OR ON BEHALF OF A SECURITYHOLDER OR ANY BENEFICIAL OWNER, WITHOUT ANY SIGNATURE OR FURTHER MANIFESTATION OF ASSENT, SHALL CONSTITUTE THE UNCONDITIONAL ACCEPTANCE BY THE SECURITYHOLDER AND ALL OTHERS HAVING A BENEFICIAL INTEREST IN SUCH TRUST SECURITY OF ALL THE TERMS AND PROVISIONS OF THIS TRUST AGREEMENT AND AGREEMENT TO THE SUBORDINATION PROVISIONS AND OTHER TERMS OF THE GUARANTEE AND THE INDENTURE, AND SHALL CONSTITUTE THE AGREEMENT OF THE TRUST, SUCH SECURITYHOLDER AND SUCH OTHERS THAT THE TERMS AND PROVISIONS OF THIS TRUST AGREEMENT SHALL BE BINDING, OPERATIVE AND EFFECTIVE AS BETWEEN THE TRUST AND SUCH SECURITYHOLDER AND SUCH OTHERS. LINCOLN NATIONAL CORPORATION By: /s/ F▇▇▇▇▇▇▇OWEN▇ ▇▇▇▇▇▇▇▇ NING By: ---------------------------------- Name: F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President and Treasurer BANK ONE WILMINGTON TRUST COMPANY, NATIONAL ASSOCIATION as Property Trustee By: /s/ J▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ---------------------------------- Name: J▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BANK ONE DELAWARE INC. WILMINGTON TRUST COMPANY, as Delaware Trustee By: /s/ M▇▇▇▇ ▇. ▇▇▇▇ ---------------------------------- Name: M▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President /s/ F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ F▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Administrative Trustee /s/ J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Administrative Trustee This Certificate of Trust of Lincoln National Capital VI (the “Trust”), dated April 20, 1998, is being duly executed and filed by the undersigned, as trustees, to form a business trust under the Delaware Business Trust Act (12 Del. C. §3801 et seq.).-------------------------- [INSERT NAME OF ADMINISTRATIVE TRUSTEE],