<PAGE>
AMENDMENT TO FUND PARTICIPATION AGREEMENT
The Lincoln Life & Annuity Company of New York, Templeton Variable
Products Series Fund, and Franklin Templeton Distributors, Inc. hereby amend
their Fund Participation Agreement dated as of September 21, 1999, and as
amended on October 15, 1999 ("Agreement"), by:
1. Adding Franklin Templeton Variable Insurance Products Trust, an
open-end management investment company organized as a business trust
under Massachusetts law, as a party to the Agreement between and among
Templeton Variable Products Series Fund (the "Trust"), an open-end
management investment company organized as a business trust under
Massachusetts law, Franklin Templeton Distributors, Inc., a California
corporation, the Trust's principal underwriter (the "Underwriter") and
Lincoln Life & Annuity Company of New York, a life insurance company
organized as a corporation under New York law (the "Company"). Both
Templeton Variable Products Series Fund and Franklin Templeton
Variable Insurance Products Trust shall hereinafter be referred to as
the "Trust."
2. Adding a new Section, "Agreement"
AGREEMENT
1.0 Form of Agreement. This Agreement shall also create a
separate agreement for each Trust and the Underwriter as though
each Trust and the Underwriter had executed an identical Fund
Participation Agreement with the Company. No rights,
responsibilities or liabilities arising under the Agreement as it
pertains to one Trust shall be enforceable by or against any
party to the Agreement as it pertains to another Trust.
3. Adding Franklin Templeton Variable Insurance Products Trust to
Article VII, "Notices"
If to the Trust:
Franklin Templeton Variable Insurance Products Trust
777 Mariners Island Blvd.
San Mateo, CA 94404
Attention: Karen Skidmore, Assistant Vice
President, Assistant Secretary
4. Replacing Schedule A-C of the Agreement with Amended Schedule
A-C, attached;
5. Replacing Schedule D of the Agreement with Amended Schedule D,
attached;
6. Adding Schedule E to the Agreement, attached. (REDACTED)
1
<PAGE>
IN WITNESS WHEREOF, the parties have caused their duly authorized
officers to execute this Amendment to Fund Participation Agreement, to be
effective as of April 30, 2000.
<TABLE>
<S> <C>
Lincoln Life & Annuity Company of New York Templeton Variable Products Series Fund
------------------------------------------ ---------------------------------------
By its authorized officer By its authorized officer
By: By:
Name: Troy D. Panning Name: Karen L. Skidmore
Title: CFO/2nd Vice President Title: Assistant Vice President and
Assistant Secretary
Franklin Templeton Distributors, Inc.
---------------------------------------
By its authorized officer
By:
Name: Phillip J. Kearns
Title: Vice President
</TABLE>
2
<PAGE>
SCHEDULE A-C
CONTRACTS ISSUED BY LINCOLN LIFE &
ANNUITY COMPANY OF NEW YORK
<TABLE>
<CAPTION>
----------------------- ------------------------------ -------------------------------- -------------------------------
CONTRACT 1 CONTRACT 2 CONTRACT 3
----------------------- ------------------------------ -------------------------------- -------------------------------
<S> <C> <C> <C>
CONTRACT/PRODUCT SVUL I VUL I Delaware - Lincoln New York
NAME AND TYPE Choice Variable Annuity
----------------
----------------------- ------------------------------ -------------------------------- -------------------------------
REGISTERED (Y/N) Yes Yes Yes
----------------------- ------------------------------ -------------------------------- -------------------------------
SEC REGISTRATION 811-08651 811-08559 811-09763
NUMBER - 1933 ACT
----------------------- ------------------------------ -------------------------------- -------------------------------
REPRESENTATIVE LN650NY LN605NY AN426NY
FORM NUMBERS
----------------------- ------------------------------ -------------------------------- -------------------------------
SEPARATE ACCOUNT LLANY Separate Account R for Lincoln Life & Annuity Lincoln New York Separate
NAME/DATE Flexible Premium Variable Flexible Premium Variable Life Account N for Variable
ESTABLISHED Life Insurance Account M Annuities
----------------------- ------------------------------ -------------------------------- -------------------------------
SEC REGISTRATION 333-46113 333-42507 333-93875
NUMBER - 1940 ACT
----------------------- ------------------------------ -------------------------------- -------------------------------
TEMPLETON VARIABLE TVP - Templeton Asset TVP - Templeton Asset VIP - Franklin Small Cap
PRODUCTS SERIES Allocation Fund - Class 1 Allocation Fund - Class 1 Fund Class 2 - Franklin
FUND ("TVP"), Templeton Investment Templeton Investment Counsel, Advisors, Inc.
FRANKLIN TEMPLETON Counsel, Inc. Inc.
VARIABLE INSURANCE VIP - Mutual Shares
PRODUCTS TRUST TVP - Templeton TVP - Templeton International Securities Fund Class 2 -
("VIP") -PORTFOLIOS International Fund - Class Fund - Class 1- Templeton Franklin Mutual Advisers, LLC
AND CLASSES - 1- Templeton Investment Investment Counsel, Inc.
ADVISER Counsel, Inc. VIP - Templeton International
TVP - Templeton Stock Fund - Fund Class 2 - Templeton
TVP - Templeton Stock Fund - Class 1 - Investment Counsel, Inc. (as
Class 1 - Templeton Templeton Investment Counsel, of May 1, 2000, Templeton
Investment Counsel, Inc. Inc. International Securities Fund)
VIP - Templeton Global Growth
Fund Class 2 - Templeton
Global Advisors Limited (as
of May 1, 2000, Templeton
Growth Securities Fund)
----------------------- ------------------------------ -------------------------------- -------------------------------
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
----------------------- ------------------------------- -------------------------------- -------------------------------
CONTRACT 4 CONTRACT 5 CONTRACT 6
----------------------- ------------------------------- -------------------------------- -------------------------------
<S> <C> <C> <C>
CONTRACT/PRODUCT CVUL LVUL - I
NAME AND TYPE CVUL Series III VUL
----------------
----------------------- ------------------------------- -------------------------------- -------------------------------
REGISTERED (Y/N) Yes Yes
----------------------- ------------------------------- -------------------------------- -------------------------------
SEC REGISTRATION 811-09257 811-08559
NUMBER - 1933 ACT
----------------------- ------------------------------- -------------------------------- -------------------------------
REPRESENTATIVE LN920NY LN615NY
FORM NUMBERS LN925 LN660NY
----------------------- ------------------------------- -------------------------------- -------------------------------
SEPARATE ACCOUNT LLANY Separate Account S for Lincoln Life & Annuity
NAME/DATE Flexible Premium Variable Flexible Premium Variable Life
ESTABLISHED Life Insurance Account M
----------------------- ------------------------------- -------------------------------- -------------------------------
SEC REGISTRATION 333-74325 333-42507
NUMBER - 1940 ACT
----------------------- ------------------------------- -------------------------------- -------------------------------
TEMPLETON VARIABLE VIP - Franklin Small Cap Fund TVP - Templeton International
PRODUCTS SERIES Class 2 - Franklin Advisers, Fund Class 2 - Templeton
FUND ("TVP"), Inc. Investment Counsel, Inc. (as
FRANKLIN TEMPLETON of May 1, 2000, Templeton
VARIABLE INSURANCE International Securities Fund)
PRODUCTS TRUST
("VIP") -PORTFOLIOS VIP - Templeton Global Growth
AND CLASSES - Fund Class 2 - Templeton
ADVISER Global Advisors Limited (as of
May 1, 2000, Templeton Growth
Securities Fund)
----------------------- ------------------------------- -------------------------------- -------------------------------
</TABLE>
4
<PAGE>
SCHEDULE D
OTHER PORTFOLIOS AVAILABLE UNDER THE CONTRACTS
<TABLE>
<S> <C>
AIM V.I.Capital Appreciation Fund Fidelity VIP Equity Income Portfolio
AIM V.I. Diversified Income Fund Fidelity VIP Growth
AIM V.I. Growth Fund Fidelity VIP High Income
AIM V.I. International Fund Fidelity VIP Overseas
AIM V.I. Value Fund Fidelity VIP II Asset Manager Portfolio
Fidelity VIP II Investment Grade Bond Portfolio
Fidelity VIP II Contrafund
Fidelity VIP III Growth Opportunities
Alliance Premier Growth Janus Aspen Balanced Portfolio
Alliance Growth and Income Janus Aspen Global Technology
Alliance Growth Janus Aspen Flexible Income
Alliance Technology Janus Aspen Worldwide Growth Portfolio
AMT Partners Fund Lincoln National Money Market Fund
AMT Mid-cap Growth Fund Lincoln National Bond Fund
Lincoln National Capital Appreciation Fund
Lincoln National Equity-Income Fund
Lincoln National Social Awareness Fund
Lincoln National Global Asset Allocation Fund
Avis Global Small Capitalization MFS Emerging Growth Series
Avis Growth MFS Total Return Series
Avis International MFS Utilities Series
Avis Growth-Income MFS Research
Avis Bond
Avis U.S. Government/AAA-Rated SecuritiesFund
Baron Capital Asset Fund OpCap Global Equity Portfolio
Opcap Managed Portfolio
BT EAFE Equity Index Fund
BT Equity 500 Index Fund
BT Small Cap Index Fund
Delaware Premium Aggressive Growth Fund
Delaware Devon Series
Delaware Emerging Markets Series
Delaware High Yield Series
Delaware International Series
Delaware Premium Growth & Income
Delaware REIT Series
Delaware Small Cap Value Series
Delaware Trend Series
</TABLE>
5
<PAGE>
SCHEDULE E
(REDACTED)
6
