Exhibit 102


		
			EXHIBIT 10.2
		

		
			 
		

		
			NON-EMPLOYEE DIRECTOR FEES
(Effective May 27, 2022)
		

		
			﻿
		

			
					
						﻿

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Non-Executive Chairman

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Annual Retainer (Cash)

					
					
						$375,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Deferred LNC Stock Units

					
					
						$150,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Total Non-Executive Chairman Fees

					
					
						$525,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Lead Independent Director

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Annual Retainer (Cash)

					
					
						$110,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Deferred LNC Stock Units

					
					
						$225,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Total Lead Independent Director Fees

					
					
						$335,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Directors other than 
Non-Executive Chairman and

					
						Lead Independent Director

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Annual Retainer (Cash)

					
					
						$110,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Deferred LNC Stock Units*

					
					
						$165,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Total Board Fees

					
					
						$275,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Committees (Cash)

					
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Audit Committee Chair

					
					
						$35,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Audit Committee Member

					
					
						$10,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Compensation Committee Chair

					
					
						$25,000

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						Other Committee Chair

					
					
						$20,000

					
					
						 

					
					
						 

				



		
			﻿
		

		
			﻿
		

			
					
						*

					
					
						Deferred LNC Stock Units are “phantom” units of LNC Common Stock that are credited under the LNC Directors’ Deferred Compensation Plan.

				



		
			 
		

		
			All cash fees may be deferred, at a Director’s election, pursuant to the LNC Directors’ Deferred Compensation Plan.
		

		
			 
		

		
			Meeting fees may be paid in some cases for meetings which exceed the number of annually scheduled meetings ($1,100 per meeting) as determined by the Corporate Governance Committee.
		

		
			 
		

		
			All fees are paid to the directors on a quarterly basis in arrears and, for partial service during the year, fees are paid on a pro-rata basis.
		

		
			﻿
		

		
			﻿
		

		
			﻿