EX-10.10 3 lnc-20221231xex10_10.htm EX-10.10

Exhibit 10.10

Amendment No. 2

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Lincoln National Corporation

Deferred Compensation & Supplemental/Excess Retirement Plan

(As Amended and Restated Effective January 1, 2020)

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T he Lincoln National Corporation Deferred Compensation & Supplemental/Exce ss Retirement Plan (the “Plan”) is hereby amended, effective December 19, 2022, by:

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| 1. |  | Amending Section 2.1 of the Plan, in its entirety, to read as follows:

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“2.1 General. This Plan is maintained by the Company for the benefit of a select group of management and highly compensated employees.

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The Benefits Administrator shall have the discretion to determine the eligibility of employees to participate in this Plan; provided, however, that in order to be eligible, (a) the employee must be a member of a select group of management or highly compensated employees of an Employer and (b) the employee must be a regular e mployee on an Employer’s U.S. payroll, provided that if he or she is employed outside of the United States, he or she must be a U.S. citizen and his or her Employer must have consented to his or her participation in the Plan.”

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| 2. |  | In all other respects, said Plan shall remain in full force and effect.

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IN WITNESS WHEREOF, the President and Chief Executive Officer of the Company has executed this Amendment this 1 9 th day of December 20 2 2.

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LINCOLN NATIONAL CORPORATION

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/s/ Ellen Cooper

By: Ellen Cooper

Its: President and Chief Executive Officer

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