vaporq.htm


    
Exhibit 4fff

      Variable
Annuity Payment Option Rider

      


      


      This rider is made
a part of the Contract to which it is attached.  Except as stated in
this rider, it is subject to the provisions contained in the
Contract.  Coverage under this rider begins on the Rider Date as shown
on the Contract Benefit Data pages.   This optional rider makes a
variable annuity payment option available that provides variable Periodic Income
Payments.  If the Owner elects to receive variable Periodic Income
Payments under this rider, then either (a) the Mortality and Expense Risk and
Administrative Charge will increase as shown on the Contract Benefit Data pages
subject to the maximum charge described herein, or (b) a VAPOR Rider Charge for
this rider will be shown on the Contract Benefit Data pages subject to the
maximum charge described herein.  During the Access Period, the Owner
may make Withdrawals or surrender the Contract for its Surrender Value subject
to the terms and conditions of this rider.  Any Death Benefit option
in effect prior to the Periodic Income Commencement Date will be
terminated.

      


      Maximum Mortality and Expense Risk
and Administrative Charge, including any VAPOR Rider
Charge:  [2.35%]

      


      


      Definitions

      


      Access
Period

      The length of time
selected by the Owner as shown on the Contract Benefit Data
pages.  The Access Period begins on the Periodic Income Commencement
Date shown on the Contract Benefit Data pages.  If this rider is
elected by a beneficiary to settle a death claim, Access Periods that extend
beyond the beneficiary’s life expectancy as determined by Section 401(a)(9) of
the Internal Revenue Code, as amended, will not be allowed.

      


      Account
Value

      On the Rider Date,
the Contract Value under the Contract will be referred to as the Account
Value.  On each subsequent Valuation Date during the Access Period,
the Account Value will equal the sum of the values of the Variable Subaccounts
attributable to the Contract plus the sum of the values of the Fixed Account(s)
attributable to the Contract.  State and local government premium tax,
if applicable, will be deducted from the Account Value when incurred by Us, or
at another time of Our choosing.  Periodic Income Payments made during
the Access Period are deducted from the Account Value.  At the end of
the Access Period, there will no longer be an Account Value.

      


      Annual
Effective Rate of Interest

      The daily
equivalent of the weighted average of all rates of interest credited to
values allocated to the Fixed Account during the Lifetime Income
Period.

      


      Annuitant

      The person upon
whose life the Periodic Income Payments will be contingent.  The
Contract may only have one Annuitant on and after the Rider Date.  The
Annuitant may not be changed on and after the Rider Date.

      


      Annuity
Factor

      The Annuity Factor
is based upon the age and if applicable, sex of the Annuitant; the age and if
applicable, sex of the Secondary Life, if any; the Periodic Income Payment Mode;
the length of time remaining in the Access Period; the Assumed Investment Return
and when applicable, the A2000 Individual Annuity Mortality Table,
modified.

      


      Assumed
Investment Return

      The assumed return
used in calculating the Periodic Income Payments.  This assumed return
is selected by the Owner on the Rider Date and is shown on the Contract Benefit
Data pages.

      


      Guaranteed
Income Benefit

      The minimum amount
payable for each Periodic Income Payment made under a Variable Annuity Payment
Option Rider.  The Guaranteed Income Benefit is provided by another
rider that We may offer at an additional charge.  If a Guaranteed
Income Benefit has been elected, a rider describing the determination of the
minimum amount payable for each Periodic Income Payment is attached to the
Contract.

      


      In
Writing (Written Request, Written Notice)

      With respect to any
notice or request to Us, this term means a written form satisfactory to Us
signed by the Owner and received at our Home Office.  With respect to
any notice from Us to the Owner or any other person, this term means a written
notice by ordinary mail to such person at the most recent address in our
records.

      


      Lifetime
Income Period

      The period that
begins after the Access Period, provided the Annuitant or the Secondary Life, if
any, is still living and the Contract has not been surrendered.  This
period will then continue for as long as the Annuitant is living.  For
a joint life payout, this period will continue for as long as the Annuitant or
Secondary Life is living.

      


      Periodic
Income Payment

      The variable
periodic income payment amounts paid under this rider to an Owner, or an Owner’s
designee.  At the time this rider is elected, an Owner must select one
of the following Periodic Income Payment Modes: monthly, quarterly,
semi-annually or annually.  The Initial Periodic Income Payment Mode
selected is shown on the Contract Benefit Data pages.  Unless the
Guaranteed Income Benefit is in effect, the Owner may change the Periodic Income
Payment Mode once per Contract Year by sending written notice to
Us.  A change to the Periodic Income Payment Mode will be effective on
the next Periodic Income Commencement Date anniversary.

      


      Periodic
Income Commencement Date

      The Valuation Date
on which the Initial Periodic Income Payment under this rider is
calculated.  The due date of the Initial Periodic Income Payment will
be no more than 14 calendar days after the Periodic Income Commencement
Date.  The Periodic Income Commencement Date is shown on the Contract
Benefit Data pages.

      


      Secondary
Life

      The Secondary Life,
if any, is the person in addition to the annuitant designated by the Owner upon
whose life the Periodic Income Payments will also be contingent during the
Lifetime Income Period.  The designation of a Secondary Life results
in a joint life payout. The Secondary Life must be designated prior to the Rider
Date and may not be changed after the Rider Date.

      


      Surrender
Value

      During the Access
Period, the Surrender Value is the Account Value less any applicable Contingent
Deferred Sales Charge (may also be referenced as Surrender Charge) and, if
applicable, any Interest Adjustment (may also be referenced as Market Value
Adjustment).  The Contract and this rider will terminate upon payment
of the full Surrender Value.

      


      We,
Us, and Our

      The Lincoln
National Life Insurance Company.

      


      Withdrawals

      Additional amounts
other than Periodic Income Payments from the Account Value requested In Writing
by the Owner.

      


      The
Access Period

      


      Determination
of the Initial Periodic Income Payment

      The Initial
Periodic Income Payment is determined by dividing the Account Value as of the
Periodic Income Commencement Date by 1000 and multiplying this result by an
Annuity Factor and is shown on the Contract Benefit Data pages.

      


      Determination
of Subsequent Periodic Income Payments

      Until the death of
the Annuitant, or Secondary Life when applicable, the first Periodic Income
Payment due in each subsequent calendar year will be determined by dividing the
Account Value as of the prior December 31 by 1000 and multiplying this result by
the applicable Annuity Factor as of the Valuation Date of the Periodic Income
Payment.

      


      If no Withdrawals
are taken, subsequent Periodic Income Payments made during a calendar year will
be equal to the first Periodic Income Payment made in that calendar year until
the Access Period ends.

      


      During the calendar
year of the Periodic Income Commencement Date, if a Withdrawal is taken while
any Periodic Income Payments are scheduled to be paid before the end of the
calendar year, the next Periodic Income Payment will be determined by dividing
the Account Value as of the Periodic Income Commencement Date, less all
subsequent Withdrawals, by 1000 and multiplying this result by the applicable
Annuity Factor.

      


      If a Withdrawal is
taken in subsequent calendar years while any Periodic Income Payments are
scheduled to be paid before the end of the calendar year, the next Periodic
Income Payment will be determined by dividing the Account Value as of the prior
December 31, less all Withdrawals made during the current calendar year, by 1000
and multiplying this result by the applicable Annuity Factor.  Any
subsequent Periodic Income Payments due after the Withdrawal and prior to the
next calendar year will be equal to the Periodic Income Payment determined
immediately following the Withdrawal.

      


      If at any time the
Periodic Income Payments for the Access Period selected will not meet the
requirements of Section 401(a)(9) of the Internal Revenue Code of 1986 as
amended (IRC), We will shorten the Access Period to a length that will increase
the Periodic Income Payments to a level which will meet the requirements of
Section 401(a)(9) of the IRC for this rider.  This could require the
termination of the Access Period.  A change in the Access Period by Us
will be effective immediately.

      


      At the end of the
Access Period, any remaining Account Value will be applied to continue the
Periodic Income Payment for the Lifetime Income Period.  There will no
longer be an Account Value after the Access Period.

      


      Effect
of Death on Periodic Income Payments

      Upon notification
to Us of the death of the Annuitant, if a Secondary Life was not designated or
the Secondary Life is no longer surviving, the Periodic Income Payments will
cease and this rider will terminate.  If a Secondary Life was
designated and is still surviving, the spouse as the sole, primary Beneficiary
may elect to assume ownership of the Contract and as the Secondary Life may
elect to continue Periodic Income Payments in accordance with the Variable
Annuity Death Benefit Rider.  Periodic Income Payments will continue
for the remainder of the Access Period and then, if the Secondary Life is still
alive, for the Lifetime Income Period.

      


      Upon notification
to Us of the death of the Secondary Life, if the Annuitant is no longer
surviving, Periodic Income Payments will cease and this rider will
terminate.  If the Annuitant is still surviving, Periodic Income
Payments may continue for the remainder of the Access Period and then, if the
Annuitant continues to survive, for the Lifetime Income Period.

      


      Upon notification
to Us of a death, Periodic Income Payments may be suspended until the death
claim is approved.  If this Rider continues, upon approval of a death
claim, as described in the Contract, a lump sum payment for the value of any
suspended payments, as of the date the death claim is approved, will be made and
the Periodic Income Payments will restart.

      


      How
to Change the Access Period

      During the Access
Period and subject to Our acceptance, the Owner may change the Access Period by
Written Request once per Contract Year, within the minimum and maximum periods
allowed at the time of change.  A change to the Access Period will be
effective on the next Periodic Income Commencement Date
anniversary.  If the Access Period is changed, Periodic Income
Payments after the effective date of the change will be adjusted
accordingly.

      


      


      The
Lifetime Income Period

      


      Determination
of Periodic Income Payments during the Lifetime Income Period

      On the last
Valuation Date of the Access Period, the amount of the last Periodic Income
Payment paid during the Access Period will continue to be paid for the remainder
of the calendar year.  This amount will be deducted on a pro-rata
basis from the Fixed and/or Variable Subaccounts.  The Periodic Income
Payment amounts for each subsequent calendar year during the Lifetime Income
Period will be determined as described below.

      


      First
Full Calendar Year:

      


      Periodic
Income Payments from the Fixed Account

      The Periodic Income
Payments from the Fixed Account in the calendar year immediately following the
end of the Access Period will be determined by first dividing the Account Value
in the Fixed Account as of the last Valuation Date of the Access Period, less
any Periodic Income Payments paid after the last Valuation Date of the Access
Period for the remainder of that calendar year, by 1000 and multiplying the
result by the applicable Annuity Factor.  The resulting annual amount
will then be multiplied by ‘A’ divided by ‘B’, where

      


      
        	
                1.  

              	
                ‘A’ is the
      ‘Interest Adjustment Factor’ raised to a power equal to the number of days
      from the end of the Access Period to the Valuation Date of the first
      Periodic Income Payment in the first full calendar year following the end
      of the Access Period, where

              


      

      


      the ‘Interest
Adjustment Factor’ is equal to (1+i) raised to the power of 1/365, with ‘i’
equal to an Annual Effective Rate of Interest not less than 0%, and

      


      
        	
                2.  

              	
                ‘B’ is the
      ‘Daily Factor’ raised to a power equal to the number of days from the end
      of the Access Period to the Valuation Date of the first Periodic Income
      Payment in the first full calendar year following the end of the Access
      Period, where

              


      

      


      the ‘Daily Factor’
is equal to (1 + Assumed Investment Return) raised to the power of
1/365.

      


      The resulting
annual amount will be converted into Periodic Income Payments by dividing the
annual amount by 1000 and multiplying by a one year Annuity Factor reflecting
the age(s) and sex(es) of the Annuitant (and Secondary Life); the Periodic
Income Payment Mode; an annual effective rate of Interest not less than 0%; and
the A2000 Individual Annuity Mortality Table, modified.

      


      Periodic
Income Payments from the Variable Account

      The Periodic Income
Payments from the Variable Account in the calendar year immediately following
the end of the Access Period will be determined by first dividing the Account
Value in each Variable Subaccount as of the last Valuation Date of the Access
Period, less any Periodic Income Payments paid after the last Valuation Date of
the Access Period for the remainder of that calendar year, by 1000 and
multiplying the result by the applicable Annuity Factor based upon an annual
mode and adjusted for the length of time since the end of the Access
Period.  The resulting annual amount will be divided by the Annuity
Unit value for the respective Variable Subaccount as of the last Valuation Date
of the Access Period to determine the number of Annuity Units reflecting an
annual amount per Variable Subaccount.  The resulting number of
Annuity Units reflecting an annual amount per Variable Subaccount will then be
multiplied by the Annuity Unit value for each Variable Subaccount on the
Valuation Date of the first Periodic Income Payment in the first full calendar
year following the end of the Access Period and summed.  Finally, the
resulting annual amount will be transferred to the Our General Account and
converted into Periodic Income Payments by dividing the annual amount by 1000
and multiplying by a one year Annuity Factor reflecting the age(s) and sex(es)
of the Annuitant (and Secondary Life); the Periodic Income Payment Mode; an
annual effective rate of Interest not less than 0%; and the A2000 Individual
Annuity Mortality Table, modified.

      



      Subsequent
Calendar Years:

      


      Periodic
Income Payments from the Fixed Account

      The Periodic Income
Payments from the Fixed Account in each subsequent calendar year will be
determined by multiplying the prior year’s annual amount from the Fixed Account
by ‘A’ divided by ‘B’, where:

      


      
        	
                1.  

              	
                ‘A’ is the
      ‘Interest Adjustment Factor’ raised to a power equal to the number of days
      between the Valuation Date of the first Periodic Income Payment made in
      the prior calendar year and in the current calendar year,
      where

              


      

       

      the ‘Interest
Adjustment Factor’ is equal to (1+i) raised to the power of 1/365, with ‘i’
equal to an Annual Effective Rate of Interest not less than 0%, and

      


      
        	
                2.  

              	
                ‘B’ is the
      ‘Daily Factor’ raised to a power equal to the number of days between the
      Valuation Date of the first Periodic Income Payment made in the prior
      calendar year and in the current calendar year,
  where

              


      

      


      the ‘Daily Factor’
is equal to (1 + Assumed Investment Return) raised to the power of
1/365.

      


      Then the resulting
annual amount will be converted into Periodic Income Payments by dividing the
annual amount by 1000 and multiplying by a one year Annuity Factor.

      


      Periodic
Income Payments from the Variable Account

      The Periodic Income
Payments from the Variable Account in each subsequent calendar year will be
determined by multiplying the number of Annuity Units reflecting an annual
amount per Variable Subaccount by the Annuity Unit value for each Variable
Subaccount on the Valuation Date of the first Periodic Income Payment due in
that calendar year.  The resulting annual amount will be transferred
to Our General Account and converted into Periodic Income Payments by dividing
the annual amount by 1000 and multiplying by a one year Annuity
Factor.

      


      The Annuity Unit
value for any Valuation Period for any Variable Subaccount is determined by
multiplying the Annuity Unit value for the immediately preceding Valuation
Period by ‘C’ divided by ‘D’, where:

      


      
        	
                1.  

              	
                ‘C’ is a
      Variable Subaccount’s Accumulation Unit value as of the end of the current
      Valuation   Period divided by the Accumulation Unit value
      of the same Variable Subaccount as of the end of the immediately preceding
      Valuation Period, and

              


      

      


      
        	
                2.  

              	
                ‘D’ is the
      ‘Daily Factor’ raised to a power equal to the number of days in the
      current Valuation Period, where

              


      

      


      the ‘Daily Factor’
is equal to (1 + Assumed Investment Return) raised to the power of
1/365.

      


      Effect
of Death during the Lifetime Income Period

      Upon the death of
the Annuitant, if a Secondary Life was not designated or the Secondary Life is
no longer surviving, the Periodic Income Payments will cease and the Contract
and this rider will terminate.  If a Secondary Life was designated and
is still surviving, the Periodic Income Payments may be suspended until the
death claim is approved as described in the Contract.  Upon approval,
a lump-sum payment for the value of any suspended payments, as of the date the
death claim is approved, will be made and the Periodic Income Payments will
continue for as long as the Secondary Life continues to live.

      


      Upon the death of
the Secondary Life, if the Annuitant is no longer surviving, the Periodic Income
Payments will cease and the Contract and this rider will
terminate.  If the Annuitant is still surviving the Periodic Income
Payments may be suspended until the death claim is approved as described in the
Contract.  Upon approval, a lump-sum payment for the value of any
suspended payments, as of the date the death claim is approved, will be made and
the Periodic Income Payments will continue for as long as the Annuitant
continues to live.

      


      


      Mortality
and Expense Risk and Administrative Charge

      


      While this rider is
in effect, the maximum Mortality and Expense Risk and Administrative Charge
deducted from the Variable Account for the Contract and this rider is as shown
above.  Other riders that become part of the Contract are not included
within this maximum Charge.

      


      


      Purchase
Payments

      


      Additional Purchase
Payments are not permitted during the Lifetime Income Period.

      


      


      Withdrawals

      


      During the Access
Period, an Owner (or the recipient of the rights of ownership if any Owner is
deceased) may make Withdrawals of amounts up to the Surrender
Value.  Withdrawals will be subject to the terms of the Withdrawal
provisions and, if applicable, the Contingent Deferred Sales Charge and Interest
Adjustment provisions of the Contract for Withdrawals occurring prior to the
Annuity Commencement Date.

      


      Withdrawals will
immediately reduce the Account Value and will reduce subsequent Periodic Income
Payments. Withdrawals are not allowed after the Access Period.

      


      


      Surrenders

      


      During the Access
Period, an Owner (or the recipient of the rights of ownership if any Owner is
deceased) may surrender the Contract for the Surrender Value.  Except
as stated in this provision, a surrender of the Contract will be subject to the
terms of the Surrender provisions and, if applicable, the Contingent Deferred
Sales Charge and Interest Adjustment provisions of the Contract which apply to
surrenders taken prior to the Annuity Commencement Date.  If the
Contract is surrendered, no further Periodic Income Payments will be made and
the Contract and this rider will terminate.

      


      


      Transfers

      


      An Owner (or the
recipient of the rights of ownership if any Owner is deceased) may direct a
transfer between the Variable Subaccounts and/or the Fixed Account(s) of any
portion of the Account Value, subject to the terms of the Transfer provisions
which apply to transfers before the Annuity Commencement Date.

      


      Transfers between
the Variable Subaccounts during the Lifetime Income Period will result in the
selling of Annuity Units from one Variable Subaccount and the purchase of
Annuity Units from the other Variable Subaccount, at the current Annuity Unit
values. These Annuity Units will then represent the number of annuity units per
payment from the Variable Subaccount.

      


      Transfers from the
Fixed Account to the Variable Account are not permitted after the Access
Period.  Transfers from the Variable Account to the Fixed Account
after the Access Period may occur only on the Valuation Date of a Periodic
Income Payment.

      


      


      Persistency
Credits

      


      Persistency
Credits, if any, will be paid in to the Contract during the Access Period
subject to the terms of the Persistency Credits provision of the Contract.
Persistency Credits, if any, will terminate after the Access
Period.

      


      


      Waiver
of Contingent Deferred Sales Charges

      


      Contingent Deferred
Sales Charges, if any, will be waived during the Access Period subject to the
terms of the Waiver of Contingent Deferred Sales Charges section of the Contract
for withdrawals taken prior to the Annuity Commencement Date.

      


      


      General

      


      How
to Terminate Periodic Income Payments

      During the Access
Period, the Owner may elect to terminate Periodic Income Payments under this
rider by sending Written Notice to Us and this rider will
terminate.  On the Valuation Date the termination of Periodic Income
Payments is effective, the Account Value under this rider will be referred to as
the Contract Value under the Contract.

      


      Termination
of this Rider

      This rider will
terminate on the first of any of the following events to occur:

      


      1.           termination
of the Contract to which this rider is attached; or

      2.           upon
the death of Annuitant with no surviving Secondary Life; or

      3.           upon
the death of the Secondary Life with no surviving Annuitant; or

      4.           termination
of the Periodic Income Payments by Written Request from the Owner.

      


      The
Lincoln National Life Insurance Company

      /s/ Charles A.
Brawley, III, Secretary

      Charles
A. Brawley, III, Secretary

      



      
        
          
            I4LA-Q(8-10)                                                                    

          

           


        

        
           


          
            

          

        

        
           


        

      


      Annuity
Purchase Rates

      Under
a Variable Annuity Payment Option Rider

      With
a 3.0% Assumed Interest Rate

      A2000
Individual Annuity Mortality Table, modified

      
        	
                Dollar
      Amount Of First Monthly Payment Which Is

                Purchased
      With Each $1,000 Applied

              
	
                Single
      Life Annuities

              
	
                 

                Age

                 

              	
                15
      Year

                Access
      Period

              	
                20
      Year

                Access
      Period

              	
                25
      Year

                Access
      Period

              	
                30
      Year

                Access
      Period

              
	
                 

                60

                61

                62

                63

                64

                 

                65

                66

                67

                68

                69

                 

                70

                71

                72

                73

                74

                 

                75

              	
                 

                $
      3.84

                $
      3.90

                $
      3.96

                $
      4.03

                $
      4.09

                 

                $
      4.16

                $
      4.23

                $
      4.30

                $
      4.38

                $
      4.46

                 

                $
      4.53

                $
      4.61

                $
      4.69

                $
      4.78

                $
      4.86

                 

                $
      4.94

              	
                 

                $
      3.77

                $
      3.82

                $
      3.88

                $
      3.93

                $
      3.98

                 

                $
      4.04

                $
      4.09

                $
      4.15

                $
      4.20

                $
      4.26

                 

                $
      4.32

                $
      4.37

                $
      4.42

                $
      4.48

                $
      4.53

                 

                $
      4.59

              	
                 

                $
      3.69

                $
      3.73

                $
      3.77

                $
      3.81

                $
      3.85

                 

                $
      3.89

                $
      3.93

                $
      3.97

                $
      4.01

                $
      4.05

                $
      4.09

                 

                $
      4.13

                $
      4.17

                $
      4.22

                $
      4.26

                 

                $
      4.31

              	
                 

                $
      3.59

                $
      3.62

                $
      3.65

                $
      3.68

                $
      3.71

                 

                $
      3.74

                $
      3.77

                $
      3.80

                $
      3.84

                $
      3.87

                 

                $
      3.90

                $
      3.93

                $
      3.95

                $
      3.97

                $
      3.99

                 

                $
      4.00

              
	
                Joint
      And Full To Survivor Annuities

              
	
                Joint

                Age

              	
                15
      Year

                Access
      Period

              	
                20
      Year

                Access
      Period

              	
                25
      Year

                Access
      Period

              	
                30
      Year

                Access
      Period

              
	
                60

                61

                62

                63

                64

                 

                65

                66

                67

                68

                69

                 

                70

                71

                72

                73

                74

                 

                75

              	
                $
      3.54

                $
      3.59

                $
      3.64

                $
      3.70

                $
      3.76

                 

                $
      3.81

                $
      3.88

                $
      3.94

                $
      4.01

                $
      4.08

                 

                $
      4.15

                $
      4.22

                $
      4.30

                $
      4.38

                $
      4.46

                 

                $
      4.54

              	
                $
      3.53

                $
      3.57

                $
      3.62

                $
      3.67

                $
      3.72

                 

                $
      3.77

                $
      3.82

                $
      3.88

                $
      3.93

                $
      3.99

                 

                $
      4.05

                $
      4.11

                $
      4.17

                $
      4.22

                $
      4.29

                 

                $
      4.35

              	
                $
      3.50

                $
      3.54

                $
      3.58

                $
      3.62

                $
      3.66

                 

                $
      3.70

                $
      3.75

                $
      3.79

                $
      3.83

                $
      3.88

                 

                $
      3.92

                $
      3.97

                $
      4.02

                $
      4.07

                $
      4.13

                 

                $
      4.17

              	
                $
      3.45

                $
      3.48

                $
      3.52

                $
      3.55

                $
      3.58

                 

                $
      3.62

                $
      3.66

                $
      3.69

                $
      3.73

                $
      3.77

                 

                $
      3.81

                $
      3.84

                $
      3.87

                $
      3.89

                $
      3.91

                 

                $
      3.94

              


      

      


      
        	
                Age
      Adjustment Table

              
	
                Year of Birth

              	
                Adjustment to Age

              	 
    	
                Year of Birth

              	
                Adjustment to Age

              
	
                Before
      1940

              	
                0

              	 
    	
                1970-1979

              	
                -4

              
	
                1940-1949

              	
                -1

              	 
    	
                1980-1989

              	
                -5

              
	
                1950-1959

              	
                -2

              	 
    	
                1990-1999

              	
                -6

              
	
                1960-1969

              	
                -3

              	 
    	
                2000-2009

              	
                -7

              
	 
    	 
    	 
    	
                2010-2019

              	
                -8

              


      

      



      
        
          
            I4LA-Q(8-10)