<PAGE>
93-18 RESOLVED, That Resolution No. 82-28, adopted by the Board of Directors on
November 4, 1982 relating to the establishment of segregated investment
accounts, is amended in its entirety to read as follows:
"RESOLVED, That the chief executive officer of the Company
is hereby authorized in his discretion from time to time to
establish one or more segregated investment accounts in
accordance with the provisions of the Indiana Insurance Law, any
one or more of such accounts which may be used for the purpose of
maintaining principal and interest as guaranteed by group annuity
contracts issued by the Company, and for any other purpose or
purposes as the chief executive officer may determine and as may
be appropriate under the Indiana Insurance Law; and
RESOLVED FURTHER, That if in the opinion of legal counsel of
the Company it is necessary or desirable to register any of such
accounts under the Investment Company Act of 1940 or to register
a security issued by any such account under the Securities Act of
1933, or to make application for exemption from registration, the
chief executive officer or such other officers as he may
designate are hereby authorized to accomplish any such
registration or to make any such application for exemption, and
to perform all other acts as may be desirable or necessary in
connection with the conduct of business of the Company with
respect to any such account.
<PAGE>
ESTABLISHMENT OF SEGREGATED INVESTMENT ACCOUNT
of
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Pursuant to the authority given me by Resolution No. 93-18 of the Board of
Directors of The Lincoln National Life Insurance Company (the "Company") dated
May 13, 1993, I hereby establish a segregated investment account designated as
"Lincoln Life Variable Annuity Account T" (the "Separate Account"). The Separate
Account is to be used in connection with the issuance by the Company of certain
variable annuity contracts (the "Contracts").
The Separate Account will be registered as a unit investment trust
with the Securities and Exchange Commission ("SEC") and shall invest in shares
of investment companies which are registered with the SEC.
The establishment and operation of the Separate Account will be in
accordance with the applicable provisions of the Indiana Insurance Code ("IIC")
and all rules and regulations issued pursuant thereto. In particular, but not by
way of limitation, the Separate Account shall not be chargeable with liabilities
arising out of any other business the Company may conduct and which has no
specific relation to or dependence upon the Separate Account. The Contracts
issued in connection with the Separate Account are subject to review by the
Commissioner of Insurance of the State of Indiana.
The Separate Account's investment objectives, contracts, and limitations
shall be in accordance with (1) the registration statement for the Contracts
filed with the SEC under the Securities Act of 1933, and (2) applicable
provisions of IIC and all other applicable legal requirements.
/s/ Jon A. Boscia
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Jon A. Boscia
President
Effective Date:
January 25, 2000
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