EX-16(13)(d)(3)
AMENDMENT TO
SCHEDULE A
ADVISORY FEE WAIVER AGREEMENT
THIS SCHEDULE A lists the Funds and their respective Waiver Amounts, as well as the effective date and termination date for each Waiver Amount, established pursuant to the Advisory Fee Waiver Agreement.
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LVIP FUND NAME | | ADVISORY
FEE WAIVER | | AVG. DAILY NET ASSETS OF THE FUND | | EFFECTIVE DATE | | TERMINATION DATE |
Lincoln iShares® Fixed Income Allocation Fund | | 0.20% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln iShares® Global Growth Allocation Fund | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln iShares® U.S. Moderate Allocation Fund | | 0.15% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln Nasdaq-100 Buffer Fund Jun | | 0.23%
0.00% | | First $50M Over $50M | | May 1, 2022 | | April 30, 2023 |
Lincoln Nasdaq-100 Buffer Fund Sep | | 0.23%
0.00% | | First $50M Over $50M | | May 1, 2022 | | April 30, 2023 |
Lincoln Nasdaq-100 Buffer Fund Dec | | 0.23%
0.00% | | First $50M Over $50M | | May 1, 2022 | | April 30, 2023 |
Lincoln Nasdaq-100 Buffer Fund Mar | | 0.23%
0.00% | | First $50M Over $50M | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Buffer Fund Feb | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Ultra Buffer Fund Feb | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Buffer Fund May | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Ultra Buffer Fund May | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Buffer Fund Aug | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Ultra Buffer Fund Aug | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Buffer Fund Nov | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
Lincoln S&P 500 Ultra Buffer Fund Nov | | 0.12% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP American Century Select Mid Cap Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP American Balanced Allocation Fund | | 0.04% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP American Growth Allocation Fund | | 0.035% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP American Income Allocation Fund | | 0.04% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP American Preservation Fund | | 0.07% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
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LVIP FUND NAME | | ADVISORY
FEE WAIVER | | AVG. DAILY NET ASSETS OF THE FUND | | EFFECTIVE DATE | | TERMINATION DATE |
LVIP Baron Growth Opportunities Fund | | 0.09%
0.14% 0.19% 0.20% 0.25% | | Up to $250M $250M-$500M $500M - $700M $700M - $750M Over $750M | | May 1, 2022 | | April 30, 2023 |
LVIP BlackRock Dividend Value Managed Volatility Fund | | 0.125%
0.160% | | First $750M Over $750M | | May 1, 2022 | | April 30, 2023 |
LVIP BlackRock Global Allocation Managed Risk Fund* | | 0.075% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP BlackRock Global Growth ETF Allocation Managed Risk Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP BlackRock Global Real Estate Fund | | 0.02%
0.01% 0.00% | | First $250M $250M - $750M Over 750M | | May 1, 2022 | | April 30, 2023 |
LVIP BlackRock U.S. Growth ETF Allocation Managed Risk Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Blended Large Cap Growth Managed Volatility Fund | | 0.155%
0.105% 0.100% 0.085% | | First $100M Next $400M Next $ 1.5B Over $ 2B | | May 1, 2022 | | April 30, 2023 |
LVIP Blended Mid Cap Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP ClearBridge Franklin Select Large Cap Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Delaware Diversified Floating Rate Fund | | 0.03%
0.05% | | First $2B Over $2B | | May 1, 2022 | | April 30, 2023 |
LVIP Dimensional U.S. Core Equity 1 Fund | | 0.01% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Dimensional U.S. Equity Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Fidelity Institutional AM® Select Core Equity Managed Volatility Fund* | | 0.625% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Franklin Templeton Global Equity Managed Volatility Fund | | 0.01% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Franklin Templeton Multi-Asset Opportunities Fund | | 0.43% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
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LVIP FUND NAME | | ADVISORY
FEE WAIVER | | AVG. DAILY NET ASSETS OF THE FUND | | EFFECTIVE DATE | | TERMINATION DATE |
LVIP Global Aggressive Growth Allocation Managed Risk Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Global Conservative Allocation Managed Risk Fund | | 0.01% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Global Growth Allocation Managed Risk Fund | | 0.01% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Global Income Fund | | 0.1025%
0.1125% 0.1225% 0.1375% | | First $350M $350M to $525M $525M to $700M Over $700M | | May 1, 2022 | | April 30, 2023 |
LVIP Global Moderate Allocation Managed Risk Fund | | 0.015% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP JPMorgan High Yield Fund | | 0.00%
0.05% | | First $150M Over $150M | | May 1, 2022 | | April 30, 2023 |
LVIP JPMorgan Retirement Income Fund | | 0.45% | | All Fund assets | | April 1, 2022 | | April 30, 2023 |
LVIP JPMorgan Select Mid Cap Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP MFS International Growth Fund | | 0.11%
0.10% | | First $400M Over $400M | | May 1, 2022 | | April 30, 2023 |
LVIP MFS International Equity Managed Volatility Fund* | | 0.665% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP MFS Value Fund | | 0.03% | | All fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Mondrian International Value Fund | | 0.015%
0.010% | | First $1B Over $1B | | May 1, 2022 | | April 30, 2023 |
LVIP Multi-Manager Global Equity Managed Volatility Fund | | 0.01% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP PIMCO Low Duration Bond Fund | | 0.050%
0.075% | | First $500M Over $500M | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Global Tactical Allocation Managed Volatility Fund | | 0.10% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Bond Index Fund | | 0.08%
0.122% 0.152% 0.157% 0.162% | | First $500M Next $1.5B Next $500M Next $2.5B Over $5.0B | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Developed International 150 Fund | | 0.07%
0.01% | | Up to $50M $50M - $500M | | May 1, 2022 | | April 30, 2023 |
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LVIP FUND NAME | | ADVISORY
FEE WAIVER | | AVG. DAILY NET ASSETS OF THE FUND | | EFFECTIVE DATE | | TERMINATION DATE |
LVIP SSGA Emerging Markets 100 Fund | | 0.065%
0.025% 0.005% | | Up to $50M $50M - $100M $100M - $500M | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA International Index Fund | | 0.097%
0.145% | | Up to $1B Over $1B | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA International Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Large Cap 100 Fund | | 0.08%
0.015% | | Up to $50M $50M - $500M | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Large Cap Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Mid Cap Index Fund | | 0.005%
0.010% | | Up to $1.5B Over $1.5B | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA S&P 500 Index Fund | | 0.002% | | Up to $1B | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Small-Cap Index Fund | | 0.005%
0.010% 0.015% | | Up to $500M Next $1B Over $1.5B | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA Small-Mid Cap 200 Fund | | 0.065% | | Up to $50M | | May 1, 2022 | | April 30, 2023 |
LVIP SSGA SMID Cap Managed Volatility Fund | | 0.005% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP T. Rowe Price Growth Stock Fund | | 0.00% 0.025% 0.0125% | | Fund assets < $1B: Up to $1B Fund assets > $1B: First $1B Over $1B | | May 1, 2022 | | April 30, 2023 |
LVIP T. Rowe Price Structured Mid-Cap Growth Fund | | 0.05% | | Over $750M | | May 1, 2022 | | April 30, 2023 |
LVIP U.S. Aggressive Growth Allocation Managed Risk Fund | | 0.015% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP U.S. Growth Allocation Managed Risk Fund | | 0.01% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Vanguard Domestic Equity ETF Fund | | 0.05% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Vanguard International Equity ETF Fund | | 0.05% | | All Fund assets | | May 1, 2022 | | April 30, 2023 |
LVIP Wellington Capital Growth Fund | | 0.05%
0.00% 0.025% 0.05% | | First $100M Next $150M Next $ 250M Over $ 500M | | May 1, 2022 | | April 30, 2023 |
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LVIP FUND NAME | | ADVISORY
FEE WAIVER | | AVG. DAILY NET ASSETS OF THE FUND | | EFFECTIVE DATE | | TERMINATION DATE |
LVIP Wellington SMID Cap Value Fund | | 0.115%
0.075% | | First $100M Over $100M | | May 1, 2022 | | April 30, 2023 |
* The Waiver Amount shall renew automatically for one-year terms unless the Trust and LIA mutually agree to the termination at least 10 days prior to the end of the then current term.
The parties hereto have caused this SCHEDULE A to be signed by their duly authorized officers as of March 11, 2022, and effective in accordance with the dates noted above.
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| | LINCOLN INVESTMENT ADVISORS CORPORATION | | LINCOLN VARIABLE INSURANCE PRODUCTS TRUST, on behalf of each of its Funds listed on Schedule A |
| | By: /s/Benjamin A. Richer Name: Benjamin A. Richer Title: Vice President | | By: /s/William P. Flory, Jr. Name: William P. Flory, Jr. Title: Vice President & Chief Accounting Officer |