Document:

Amendment to the Int'l Paper Company Long-Term Incentive Compenastion Plan

 Exhibit 10.7 
 AMENDMENT TO THE INTERNATIONAL PAPER COMPANY 
 LONG-TERM INCENTIVE COMPENSATION PLAN

 This Amendment to the International Paper Company Long-Term Incentive
Compensation Plan, as amended and restated May 7, 2005 (the “Plan”) is hereby effective the 1st day of April 2008. The Plan
shall be amended as follows: 
 1.      By adding the following new subsection (b) to Section 4 and renumbering
accordingly: 
 “(b) “Restricted Stock Unit” or “RSU” means a right granted to a Participant under Section 18 to
receive payment in shares of common stock or cash (as specified in the Award Agreement issued to the Participant) equal to the value of Company common stock. The Participant shall not receive shares of common stock at the time of grant. The Company
shall distribute shares, or the cash equivalent of the number of shares used to value the unit, once the recipient of a Restricted Stock Unit satisfies the applicable vesting requirement.” 
 2.      By adding the word “RSU” after the word “stock” in the second sentence of Section 3(a). 
 3.      By adding the following new Section 18 and renumbering accordingly: 
 “RESTRICTED STOCK UNITS 
 18.
Terms and Conditions of Restricted Stock Units 
 (a) The Committee or its delegates is authorized to make awards of Restricted Stock Units
in such amounts and subject to such terms and conditions as may be selected by the Committee or its delegates. An award of a restricted stock unit shall be evidenced by an award certificate setting forth the terms, conditions and restrictions
applicable to the award. 
 (b) Restricted stock units shall be subject to such restrictions on transferability and other restrictions as the
Committee may impose. These restrictions may lapse separately or in combination at such times, under such circumstances, in such installments, upon the satisfaction of performance goals or otherwise, as the Committee determines at the time of the
grant of the award or thereafter. Except as otherwise provided in an award certificate, the Participant shall have none of the voting rights of a shareholder with respect to restricted stock units until such time as Shares of stock are paid in
settlement of the restricted stock units. 
 (c) Restricted stock units shall be forfeited as provided in the award certificate, which may
include termination of employment during the applicable restriction period or upon failure to satisfy a performance goal during the applicable restriction period.Description of Special 2008 Annual Incentive Payout Arrangement

 EXHIBIT 10.4 
 On February 13, 2008, the Compensation Committee of LNC’s Board of Directors approved a special arrangement regarding the payout of 2008 Annual Incentive Plan award (“AIP”) for Terrance J. Mullen,
President of Lincoln Financial Distributors. Under this arrangement, LNC will make a payment to Mr. Mullen on or before July 4, 2008 at 75% of the estimated 2008 AIP payout consistent with that used for financial statement purposes. In
early 2009, LNC will make a second payment to Mr. Mullen if the year-end AIP payout based on satisfaction of performance measures exceeds the July payment. Mr. Mullen must be actively employed and in good standing on July 4, 2008 to
receive the first payment and on December 31, 2008 (consistent with all participants with AIP) to receive the year-end payout.Form of Restricted Stock Unit Award Agreement

 EXHIBIT 10.6 
 Lincoln National Corporation 
 Form of Restricted Stock Unit Award Agreement 
 This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of
itself and its affiliates, and                          (the “Grantee”), and evidences the grant on
February 7, 2008 of Restricted Stock Units to Grantee, and Grantee’s acceptance of the Restricted Stock Units in accordance with the provisions of the Lincoln National Corporation Incentive Compensation Plan, as amended, effective
May 10, 2007 (the “Plan”) and this Agreement. LNC and Grantee agree as follows: 
  

	 	1.	Number of Shares Granted. Grantee is awarded
                         Restricted Stock Units (“RSUs”) subject to the terms and restrictions as set forth in
the Plan and in this Agreement. In the event an adjustment pursuant to Section 10(c) of the Plan is required, the number of RSUs awarded under this Agreement and/or the number of shares of common stock issued pursuant to RSUs granted under this
Agreement shall be adjusted in accordance with Section 10(c) of the Plan. All RSUs after such adjustment (and/or shares of LNC common stock issuable pursuant to an RSU granted under this Agreement) shall be subject to the same restrictions
applicable to such RSUs (and/or shares of LNC common stock issuable pursuant to an RSU granted under this Agreement) before the adjustment. 

  

	 	2.	Restrictions. Neither the RSUs granted under this Agreement, nor any interest or right therein or part thereof, shall be sold, transferred, pledged, hypothecated,
margined or otherwise encumbered by the Grantee. The RSUs shall be subject to the restrictions in this Paragraph 2 until such time as shares are distributed in settlement of the RSUs, as described in Paragraph 7 below. 

  

	 	3.	Voting Rights. Grantee shall have no voting rights with respect to RSUs. 

  

	 	4.	Cancellation for Breach of Non-Competition, Non-Solicitation, Non-Disparagement and Non-Disclosure Provisions or Termination for Cause. Any RSUs may be cancelled by
action of the Committee or its delegate if Grantee is terminated for Cause (as defined below), or fails to comply with the non-competition, non-solicitation, non-disparagement and/or non-disclosure provisions described below before shares are
distributed in settlement of the RSUs, as described in Paragraph 7. At the time shares are to be distributed pursuant to this Agreement, Grantee shall certify on a form acceptable to the Committee that Grantee is in compliance with the terms and
conditions of the Plan, and with the provisions in subparagraphs 4(a) through 4(d) below. Failure to comply with these conditions prior to such time shall cause the RSUs granted hereunder to be rescinded, except as provided under the Plan.

  

	 	(a)	Non-Competition. Grantee may not become employed by, work on behalf of, or otherwise render services that are the same or similar to the services rendered by Grantee to the
business unit employing Grantee for any other organization or business which competes with or provides, or is planning to provide, the same or similar products and/or services as the business unit in which Grantee was employed or otherwise had
responsibilities for at the time of his/her termination. Grantee understands and agrees that this restriction is nationwide in scope. If Grantee has terminated employment, Grantee shall be free, however, to purchase, as an investment or otherwise,
stock or other securities of such organization or business so long as they are listed upon a recognized securities exchange or traded over-the-counter and such investment does not represent a greater than five percent equity interest in the
organization or business. 

  

	 	(b)	Non-Solicitation. Grantee shall not directly or indirectly hire, manage, solicit or recruit any employees, agents, financial planners, salespeople, financial advisors,
vendors or service providers of LNC (including, but not limited to, doing a “lift-out” of same) whom Grantee had hired, managed, supervised, or otherwise became familiar with as a result of his/her employment with LNC.

  

	 	(c)	Non-Disparagement. Grantee shall not (i) make any public statements regarding his/her employment with LNC (other than factual statements concerning the dates of
employment and positions held) or his/her termination or Retirement (as defined in Paragraph 5 below) from LNC that are not agreed to by LNC, such approval not to be unreasonably withheld or delayed; and (ii) Grantee shall not disparage LNC or
any of its subsidiaries or affiliates, its and their respective employees, executives, officers, or Boards of Directors. 

  

	 	(d)	Non-Disclosure & Ideas Provision. Grantee shall not, without prior written authorization from LNC, disclose to anyone outside LNC, or use in other than LNC’s
business, any information or material relating to the business of LNC that LNC considers confidential and/or proprietary pursuant to its Code of Conduct. Furthermore, Grantee agrees to disclose and assign to LNC all rights and interest in any
invention or idea that Grantee developed or helped develop for actual or related business, research, or development work during the period of their Service with LNC. 

 For purposes of this Agreement, “Cause” means, as determined by LNC in its sole discretion, a
conviction of a felony or any fraudulent of willful misconduct by Grantee that is materially and demonstrably injurious to the business or reputation of LNC. 
  

	 	5.	Vesting of Restricted Stock Units. Subject to Paragraph 4 above, the RSUs indicated below shall vest upon the earliest to occur of the following dates, provided
Grantee remains in Service (as defined below) through such date: 

  

	 	(a)	100% on February 7, 2011; or 

  

	 	(b)	100% as of the date on which the Grantee is certified as disabled and becomes eligible for long-term disability (“LTD”) benefits under a LTD program sponsored by
LNC; or 

  

	 	(c)	100% as of the date of the Grantee’s death; or 

  

	 	(d)	100% as of the date on which a Change of Control occurs as that term is defined by Section 2(e) of the Plan pursuant to the definition in effect on the day immediately
preceding such Change of Control; or 

  

	 	(e)	Pro-rata as of the date Grantee’s position is Job Eliminated, as that term is defined under the LNC Severance Pay Plan, and Grantee no longer provides Service to LNC or
any subsidiaries; or 

  

	 	(f)	Pro-rata as of the date on which Grantee Retires from LNC; except that if a Grantee Retires at age 62 or older, the Grantees RSUs shall be 100% vested as of that date.

 For purposes of this Agreement, the term “Service” includes service as a common law employee or planner of LNC or
any subsidiary. In the event that Grantee’s Service terminates prior to the vesting of RSUs as set forth above, other than under the circumstances described in subparagraphs 5(b) through (f), the RSUs shall be forfeited and automatically
transferred back to LNC. Upon forfeiture, Grantee shall have no further rights in such RSUs or shares of common stock issuable pursuant to an RSU granted hereunder. 
 For purposes of this Agreement, “Retire” or “Retirement” refers to a separation from service after having attained age 55 with credit for five (5) or more years of Service with LNC.

 Awards that vest pro-rata upon certain events shall vest according to a pro-ration formula equal to the number of days during the
three-year period beginning on the date of grant, February 7, 2008, and ending on the third anniversary of the grant date, on February 7, 2011 that Grantee provided Service to LNC or a subsidiary, divided by the total number of days in
that three year period, multiplied by the number of RSUs awarded (rounding up the nearest whole RSU). 
  

	 	6.	Dividend Equivalent Rights. No cash dividends shall be payable with respect to the RSUs. Instead, a Dividend Equivalent Rights Payment Account (“DER
Account”) shall be established and maintained for Grantee. For each RSU, Grantee shall have a dividend equivalent right (“DER”). The DER shall entitle the Grantee to have additional RSUs credited to his DER Account on each date that
dividends are paid on LNC common stock while the RSU is outstanding. The number of RSUs to be credited on a dividend payment date based on each DER shall equal the number of shares of LNC common stock (or fraction thereof) that could be purchased on
that date with the per share dividend amount paid on that date. DERs have the same restrictions as the underlying RSUs. 

  

	 	7.	Distribution of Shares. A share of LNC common stock shall be distributed to Grantee (or to Grantee’s estate) for every vested RSU (including RSUs credited based
on DERs), on the earliest to occur of: 

  

	 	(a)	February 7, 2011; or 

  

	 	(b)	The date of the Grantee’s death; or 

  

	 	(c)	The date of a “change of control event,” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”);

  

	 	(d)	The date of the Grantee’s “disability” within the meaning of Section 409A of Code; or 

  

	 	(e)	The date of the Grantee’s “separation from service,” within the meaning of Section 409A of the Code (“Separation from Service”).

 A share of common stock shall be distributed for each RSU as soon as practicable after the earliest date
set forth above, but in no event longer than 90 days later. The appropriate officer or agent of LNC shall create a book entry account in the name of the Grantee, to which shares of LNC common stock issued in settlement of the RSUs shall be credited.
Once a share has been issued with respect to an RSU pursuant to the Agreement and the Plan, the Grantee shall have no further rights with respect to the RSU. 
 Notwithstanding anything in this Paragraph 7 to the contrary, in the case of a Key Employee of
LNC, a distribution upon the Key Employee’s Separation from Service shall be made on the date that is six (6) months after the date on which the Key Employee Separates from Service. A “Key Employee” means an Employee treated as a
“specified employee” as of his Separation from Service under Code Section 409A(a)(2)(B)(i) of LNC or its affiliates, i.e., a Key Employee (as defined in Code Section 416(i) without regard to paragraph (5) thereof). Key
Employees shall be determined in accordance with Code Section 409A using December 31st as the determination date. A listing of Key
Employees as of a determination date shall be effective for the 12-month period beginning on the April 1st following the determination date.

  

	 	8.	Tax Withholding. LNC will require Grantee to remit an amount equal to any tax withholding required by federal, state, or local law on the value of the RSUs at such
time as LNC is required to withhold such amounts. LNC may satisfy any necessary withholding by requiring Grantee to surrender a portion of his or her RSU award. 

  

	 	9.	Compliance with Securities Laws. LNC common stock shall not be issued with respect to RSUs unless the issuance and delivery of such common stock shall comply
with all relevant provisions of state and federal laws, rules and regulations, and, in the discretion of the LNC, shall be further subject to the approval of counsel for LNC with respect to that compliance. 

  

	 	10.	Incorporation of Plan Terms. This Award is subject to the terms and conditions of the Plan. Such terms and conditions of the Plan are incorporated into and made
a part of this Agreement by reference. In the event of any conflicts between the provisions of this Agreement and the terms of the Plan, the terms of the Plan will control. Capitalized terms used but not defined in the Agreement shall have the
meanings set forth in the Plan unless the context clearly requires an alternative meaning. 

 IN WITNESS WHEREOF, LNC, by its duly authorized
officer has signed this Agreement as of the effective date set out above. The terms and provisions of this Agreement are acknowledged and agreed to by Grantee, as evidenced by his or her signature below. 
  

			
	LINCOLN NATIONAL CORPORATION
		
	By:	 	  

		 	Dennis R. Glass
		 	President and Chief Executive Officer

  

			
	Agreed and Acknowledged by Grantee:
		
	By:	 	  

	Name:	 	

 February 7, 2008 
 Restricted Stock Unit Grant

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