<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, 1998, by:
1. Replacing Schedule A-C of the Agreement with Amended Schedule A-C,
attached;
2. Replacing Schedule D of the Agreement with Amended Schedule D,
attached;
IN WITNESS WHEREOF, the parties have caused their duly authorized officers
to execute this Amendment to Fund Participation Agreement, to be effective as of
October 15, 1999.
<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: Name: Karen L. Skidmore
Title: Title: Assistant Vice President and
Assistant Secretary
FRANKLIN TEMPLETON DISTRIBUTORS, INC.
By its authorized officer
By:
----------------------------------------
Name: Deborah Gatzek
Title: Senior Vice President and
Assistant Secretary
</TABLE>
<PAGE>
SCHEDULE A-C
CONTRACTS ISSUED BY LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------
CONTRACT 1 CONTRACT 2
----------------------------------------------------------------------------------------
<S> <C> <C>
CONTRACT/PRODUCT SVUL I VUL I
NAME AND TYPE
----------------------------------------------------------------------------------------
REGISTERED (Y/N) Yes Yes
----------------------------------------------------------------------------------------
SEC REGISTRATION 811-08651 811-08559
NUMBER --1940 ACT
----------------------------------------------------------------------------------------
REPRESENTATIVE LN650NY LN605NY
FORM NUMBERS
----------------------------------------------------------------------------------------
SEPARATE ACCOUNT LLANY Separate Lincoln Life & Annuity
NAME/DATE Account R Flexible Premium
ESTABLISHED Variable Life Account M
----------------------------------------------------------------------------------------
SEC REGISTRATION 333-46113 333-42507
NUMBER -- 1933 ACT
----------------------------------------------------------------------------------------
TEMPLETON TVP - Templeton TVP - Templeton Asset
VARIABLE International Fund Allocation Fund -- Class 1
PRODUCTS SERIES Class 2- Templeton Templeton Investment
FUND ("TVP") - Investment Counsel, Inc. Counsel, Inc.
PORTFOLIOS AND
CLASSES - ADVISER TVP - Templeton Stock TVP - Templeton
Fund -- Class 2 - International Fund -- Class
Templeton Investment 1- Templeton Investment
Counsel, Inc. Counsel, Inc.
TVP - Templeton Stock
Fund -- Class 1 -
Templeton Investment
Counsel, Inc.
----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE D
OTHER PORTFOLIOS AVAILABLE UNDER THE CONTRACTS
AIM Capital Appreciation Fund.
AIM Diversified Income Fund
AIM V.I. Growth Fund
AIM V.I. Value Fund
AIM International Equity Fund
Baron Capital Asset Fund
BT Equity 500 Index Fund
BT Small Cap Index Fund
BT EAFE Equity Index Fund
Delaware Emerging Markets Series
Delaware Small Cap Value Series
Delaware Trend Series
Delaware Delchester Series
Delaware Devon Series
Delaware REIT Series
Fidelity VIP Equity-Income Portfolio
Fidelity VIP II Asset Manager Portfolio
Fidelity VIP II Investment Grade Bond Portfolio
Fidelity VIP II Contrafund -- Service Class
Fidelity VIP III Growth Opportunities -- Service Class
Janus Aspen Balanced Portfolio
Janus Aspen Worldwide Growth Portfolio
Lincoln National Money Market 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
MFS Emerging Growth Series
MFS Total Return Series
MFS Utilities Series
<PAGE>
SCHEDULE D
OTHER PORTFOLIOS AVAILABLE UNDER THE CONTRACTS
AMT Partners Fund
AMT Mid-cap Growth Fund
OpCap Global Equity Portfolio
OpCap Managed Portfolio
