Document:

Exhibit 10.1 Director Compensation Program 2012

Exhibit 10.1 Weyerhaeuser Company Director Compensation Program

Weyerhaeuser Company Director Compensation
Effective January 1, 2013

Annual Director Fee - Equity and Cash Component

As of the April annual meeting date, the Directors will be paid their annual fee for service as a Director.  In 2013, the annual fee will be $180,000 for each Director other than the Chairman of the Board.  $100,000 will be paid in the form of restricted stock units (“RSU's”) with the number of RSU's determined by dividing the dollar amount of the fees to be granted as RSU's by the average of the high and the low price of Weyerhaeuser Company's common stock on the date of grant.  These RSU's will vest over one year and will be settled at the end of the year.  The RSU's will be forfeitable during that one-year vesting period, though Directors who leave the Board in the middle of the year will receive a pro-rata number of shares on the settlement date.  RSU's granted to the Directors will be credited with dividends during the one-year vesting period.  As the RSU's vest, dividends credited to the RSUs will similarly vest.  If any RSU's are forfeited, dividends related to the forfeited shares will also be forfeited.  The remaining $80,000 of the annual fee would be payable immediately in cash.

Deferral Option for Equity Component of Fee

Directors could choose to further defer receipt of some or all of their vested shares by completing a deferral election form by the end of the year before the grant would be made - for example, by the end of 2012 for grants that will be made in April of 2013.  Any deferred RSU's would be deferred into phantom stock units under the Deferred Compensation Plan for Directors.  RSU's deferred into the phantom stock unit account would be paid at the end of the deferral period in the form of shares of Weyerhaeuser Company common stock.  During the deferral period, phantom shares will be credited with dividends, which would be paid along with the deferred shares at the end of the deferral period in the form of shares of Weyerhaeuser Company common stock. 

Deferral Option for Cash Component of Fee

Directors also could choose to defer some or all of the cash portion of their annual fee.  A Director who chooses to defer some or all of the cash portion would have the option of deferring the designated amount into the phantom stock unit account or into the interest-bearing account under the Deferred Compensation Plan for Directors.  The number of stock units credited to a Director's account will be determined by dividing any cash being deferred into the phantom stock unit account by the average of the high and the low price of Weyerhaeuser Company's common stock on the date of grant.  Deferred phantom stock units would be paid at the end of the deferral period in the form of shares of WY stock.  Amounts deferred into the interest-bearing account would be paid at the end of the deferral period in cash.

Director Compensation, continued

Special Fees for Serving as Chair

Each Director who serves as a chair of each of the Compensation, Finance, Governance and Corporate Responsibility committees receives an additional fee of $10,000 in cash.  The chair of the Audit Committee receives an additional cash annual retainer fee of $15,000.  The additional cash fees for serving as chair of a committee can be taken immediately or deferred into either the phantom stock unit account or the interest-bearing account.  The Chairman of the Board receives an annual fee of $300,000 of which $150,000 will be paid in the form of RSU's that vest over one year and can be further deferred into phantom stock units under the Deferred Compensation Plan for Directors.  The remaining $150,000 will be paid immediately in cash or can be deferred into either the phantom stock unit account or the interest-bearing account in the Deferred Compensation Plan for Directors.

Share Ownership Guidelines

Directors are obligated to own shares of Weyerhaeuser common stock valued at five times their cash compensation.  Until that ownership requirement has been satisfied, a Director may sell RSU's that vest to pay the taxes due upon vesting, but must hold 100% of the net shares granted to him or her.  Shares deferred into the phantom stock unit account of the Deferred Compensation Plan for Directors are counted for purposes of determining whether a Director has satisfied the share ownership requirement.ex10b.htm

Exhibit 10(b)

POWER OF ATTORNEY

We, the undersigned directors and/or officers of The Lincoln National Life Insurance Company, hereby constitute and appoint Delson R. Campbell, Scott C. Durocher, Kimberly A. Genovese, Daniel P. Herr, Donald E. Keller, Brian A. Kroll, John L. Reizian, Lawrence A. Samplatsky, Stephen R. Turer and John D. Weber,  individually, our true and lawful attorneys-in-fact, with full power to each of them to sign for us, in our names and in the capacities indicated below, any Registration Statements and any and all amendments to Registration Statements; including exhibits, or other documents filed on Forms N-6 or N-4 or any successors or amendments to these Forms, filed with the Securities and Exchange Commission, under the Securities Act of 1933 and/or Securities Act of 1940, on behalf of the Company in its own name or in the name of one of its Separate Accounts, hereby ratifying and confirming our signatures as they may be signed by any of our attorneys-in-fact to any such amendments to said Registration Statements as follows:

Variable Life Insurance Separate Accounts:

Lincoln Life Flexible Premium Variable Life Account D: File No. 033-00417; 811-04592

Lincoln Life Flexible Premium Variable Life Account F: File No. 033-14692, 333-40745; 811-05164

Lincoln Life Flexible Premium Variable Life Account G: File No. 033-22740; 811-05585

Lincoln Life Flexible Premium Variable Life Account J: File No. 033-76434; 811-08410

Lincoln Life Flexible Premium Variable Life Account K: File No. 033-76432; 811-08412

Lincoln Life Flexible Premium Variable Life Account M: File No. 333-82663, 333-84360, 333-42479, 333-54338, 333-84370, 333-63940, 333-111137, 333-111128, 333-118478, 333-118477, 333-145090, 333-139960, 333-146507, 333-181796; 811-08557

Lincoln Life Flexible Premium Variable Life Account R: File No. 333-43107, 333-33782, 333-90432, 333-115882, 333-125792, 333-125991, 333-145235, 333-145239; 811-08579

Lincoln Life Flexible Premium Variable Life Account S: File No. 333-72875, 333-104719, 333-125790; 811-09241

Lincoln Life Flexible Premium Variable Life Account Y: File No. 333-81884, 333-81882, 333-90438, 333-118482, 333-118481, 333-115883, 333-156123; 811-21028

Lincoln Life Flexible Premium Variable Life Account JF-A: File No. 333-144268, 333-144269, 333-144271, 333-144272, 333-144273, 333-144274, 333-144275; 811-04160

Lincoln Life Flexible Premium Variable Life Account JF-C: File No. 333-144270, 333-144264; 811-08230

Variable Annuity Separate Accounts:

Lincoln National Variable Annuity Fund A: File No. 002-26342, 002-25618; 811-01434

Lincoln National Variable Annuity Account C: 033-25990, 333-50817, 333-68842, 333-112927; 811-03214

Lincoln National Variable Annuity Account E: 033-26032; 811-04882

Lincoln National Variable Annuity Account H: 033-27783, 333-18419, 333-35780, 333-35784, 333-61592, 333-63505, 333-135219, 333-170695, 333-175888, 333-181615; 811-05721

Lincoln National Variable Annuity Account L: 333-04999; 811-07645

Lincoln Life Variable Annuity Account N: 333-40937, 333-36316, 333-36304, 333-61554, 333-135039, 333-138190, 333-149434, 333-170529, 333-170897, 333-172328, 333-174367, 333-181612; 

811-08517

Lincoln Life Variable Annuity Account Q: 333-43373; 811-08569

Lincoln Life Variable Annuity Account T: 333-32402, 333-73532; 811-09855

Lincoln Life Variable Annuity Account W: 333-52572, 333-52568, 333-64208; 811-10231

Lincoln Life Variable Annuity Account JL-A: File No. 333-141888; 811-02188

Lincoln Life Variable Annuity Account JF-I: File No. 333-144276, 333-144277; 811-09779

Lincoln Life Variable Annuity Account JF-II: File No. 333-144278; 811-08374

Except as otherwise specifically provided herein, the power-of-attorney granted herein shall not in any manner revoke in whole or in part any power-of-attorney that each person whose signature appears below has previously executed.  This power-of-attorney shall not be revoked by any subsequent power-of-attorney each person whose signature appears below may execute, unless such subsequent power specifically refers to this power-of-attorney or specifically states that the instrument is intended to revoke all prior general powers-of-attorney or all prior powers-of-attorney.

This Power-of-Attorney may be executed in separate counterparts each of which when executed and delivered shall be an original; but all such counterparts shall together constitute one and the same instrument.  Each counterpart may consist of a number of copies, each signed by less than all, but together signed by all, of the undersigned.

Signature                                                                Title

	
  

	
/s/ Dennis R. Glass

	
______________________________

	
President and Director

Dennis R. Glass

	
  

	
/s/ Charles C. Cornelio

	
______________________________

	
Executive Vice President; Chief Administrative Officer

	
Charles C. Cornelio

	
and Director

	
  

	
/c/ C. Phillip Elam II

	
______________________________

	
Senior Vice President, Chief Investment Officer

	
  

	
C. Phillip Elam II

	
  

	
/s/ Randal J. Freitag

	
______________________________

	
Executive Vice President; Chief Financial Officer and Director

	
  

	
Randal J. Freitag

	
  

	
/s/ Mark E. Konen

	
______________________________

	
Executive Vice President and Director

	
  

	
Mark E. Konen

/s/ Keith J. Ryan

______________________________                                                                                     Vice President and Director

Keith J. Ryan

 

 

We, Delson R. Campbell, Scott C. Durocher, Kimberly A. Genovese, Daniel P. Herr, Donald E. Keller, Brian A. Kroll, John L. Reizian, Lawrence A. Samplatsky, Stephen R. Turer and John D. Weber, have read the foregoing Power of Attorney.  We are the person(s) identified therein as agent(s) for the principal named therein.  We acknowledge our legal responsibilities.

/s/ Delson R. Campbell

____________________________________

Delson R. Campbell

/s/ Scott C. Durocher

____________________________________

Scott C. Durocher

/s/ Kimberly A. Genovese

____________________________________

Kimberly A. Genovese

/s/ Daniel P. Herr

_____________________________________

Daniel P. Herr

/s/ Donald E. Keller

__________________________________

Donald E. Keller

/s/ Brian a. Kroll

____________________________________

Brian A. Kroll

/s/ John L. Reizian

____________________________________

John L. Reizian

/s/ Lawrence A. Samplatsky

____________________________________

Lawrence A. Samplatsky

/s/ Stephen R. Turer

____________________________________

Stephen R. Turer

/s/ John D. Weber

____________________________________

John D. Weber

Version dated: August 2012

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