Lincoln Financial Group 1/22/2024

AN-700 (03/21) 5 Alliance 2021 1.16 Participant’s Account Balance – The portion of the Contract Owner Account Balance that is attributable to a Participant. 1.17 Participant’s Minimum Cash Surrender Value – the minimum value will be consistent with the Standard Nonforfeiture Law of the state of issue; for states that have adopted the NAIC model law, the minimum value will be 87.5% of the Participant’s Contributions minus withdrawals, accumulated at a rate consistent with the Standard Nonforfeiture Law as of the Contract Effective Date. 1.18 Payout Initiation Date – The date specified in a Notice of Contract Termination. For a payment under the Market Value Payment Option as shown on the Contract Specifications, it is the date the lump sum is requested to be paid out. For a book value option, it is th e date of the first scheduled payment. 1.19 Plan – The plan named in the Contract Specifications 1.20 Prohibited Participant Communications – any communications provided by You, Your service provider, representatives, agents or consultants, In Writing or otherwise, that advise, encourage, influence or recommend either (i) Participants to make withdrawals from this Contract prior to Contract Termination Date, (ii) Participants to cease making Contributions to this Contract prior to Contract Termination Da te, or (iii) Participants to take any other action that may have a material adverse impact on Our obligations under this Contract, unless authorized in advance by the Company. 1.21 Re-enrollment Program – An event initiated by You, Your service provider, representatives, agents or consultants that requires or allows (i) all existing Participants to re-enroll in a Plan, select or default into new allocations for existing account balances and/or new allocations for Contributions, or (ii) nonparticipating employees to enroll in the Plan at this time, pursuant to the event. 1.22 Service Office – Our principal place of business as shown on the cover page of this Contract. 1.23 Standard Nonforfeiture Law – The National Association of Insurance Commissioner’s Standard Nonforfeiture Law for Individual Deferred Annuities, model #805, or as amended.