Lincoln National Corp.

Dennis R. Glass is president and chief executive officer of Lincoln Financial Group. He serves as a director on the Board of Directors for Lincoln National Corporation. He is also president and serves on the Board of the principal insurance subsidiaries of Lincoln Financial Group. Glass was president and chief operating officer of Lincoln Financial Group from April 2006 until July 2007. Previously, Glass served as president and chief executive officer of Jefferson Pilot Corporation, which merged with Lincoln Financial in 2006. Prior to joining Jefferson Pilot in 1993, Glass held executive-ent positions in the insurance and investment industries. Glass serves on the Board and is the immediate past chairman of the American Council of Life Insurers (ACLI). He is a member of the ACLI Board’s Executive Committee andco-chairs ACLI’s Committee on Principal-Based Reserving. Glass has served on other industry boards and has been active in numerous charitable and civic activities. Glass is an alumnus of the University of Wisconsin-Milwaukee, where he received a bachelor of arts degree in 1971 and a master’s degree in business administration in 1973.

Will Fuller is the president and chief executive officer of Lincoln Financial Distributors (LFD), the wholesale distribution arm of Lincoln Financial Group. Fuller is responsible for partnering with financial intermediaries to provide essential solutions and advice to clients to help them secure their financial futures. He will also work closely with Lincoln Financial’s Insurance Solutions, Retirement Solutions, and Delaware Investments divisions to grow sales across Lincoln’s industry-leading products, and will sit on the company’s Senior Management Committee. Prior to joining Lincoln Financial, Fuller headed all product distribution for the Global Wealth Management group of Merrill Lynch & Co., Inc. In addition to leading the distribution organization, Fuller was a key contributor to Merrill Lynch’s growth strategy, with a special focus on innovation in Merrill Lynch’s product offerings, processes, and the client experience. Fuller spent most of his career at Merrill Lynch, serving in various distribution capacities over a dozen years including wholesaler, National Sales Manager and Head of Sales. His product line experience spans the spectrum from life insurance to annuities, funds, separate accounts and retirement products. Fuller holds a BA in business from The Citadel in Charleston, SC. He sits on the Boards of Merrill Lynch Global Selects, an offshore fee-based investment advisory company, and the Trenton Boys and Girls Club of America.

Mark E. Konen is president of the Insurance Solutions division of Lincoln Financial Group which takes a holistic approach to the suite of individual life insurance and group protection products designed for the protection and transfer of wealth for Lincoln Financial customers. In this role, Konen is responsible for the strategic leadership and profitability management of the segment. Konen is also responsible for providing asset liability management for all insurance product lines across the enterprise, as well as oversight of the Lincoln UK business unit. In the Individual Life Insurance areas, Konen’s responsibilities span the product lifecycle from concept to commercialization, including product development, new business and underwriting. Insurance Solutions partners with Lincoln Financial Distributors to capitalize on its distribution depth and breadth and with Shared Services to leverage its outstanding customer service and operations strengths. The entire Group Protection business resides within Insurance Solutions, including all product development, operations, and sales and distribution. For the past two years Konen has served as president of the Individual Markets segment for Lincoln Financial Group. Individual Markets was formed to bring focus to the manufacturing of insurance and annuity products for individual customers. Under Konen’s leadership, the segment boosted Lincoln Financial’s industry rankings in life and annuities, achieved record growth, and was recognized for product innovation and responsiveness. Konen has more than 27 years of experience in the insurance industry. He served in various senior management positions with Jefferson Pilot Financial and was executive vice president of Life and Annuity Manufacturing at the time of the merger with Lincoln Financial Group in 2006. His areas of responsibility included product development and implementation, underwriting, new business, profitability management, actuarial and financial analysis, asset/liability management and reinsurance. Konen began his tenure at Jefferson Pilot as senior vice president and corporate actuary with responsibility for strategic planning, rating agency relations, capital management, and merger and acquisition activity. Konen is a fellow of the Society of Actuaries and earned his bachelor of science degree in mathematics from the University of Nebraska. He is an active community leader, serving on the board of the North Carolina Nature Conservancy, as well as the Leadership Council to End Homelessness. His industry activities include serving on the board for LLGlobal, as well as various ACLI committees.

Dennis L. Schoff is senior vice president and general counsel for Lincoln Financial Group. As general counsel, he is the chief legal officer of the corporation, responsible for providing legal counsel to the board of directors and senior management. ThLaw, Compliance, Corporate Secretary and Government Relations departments report to him. He also serves on thManagement Committee and is a member of the Corporate Conflicts of Interest Committee. Schoff joined Lincoln Financial Group in 1990 in the investment section of the law division. The following year he moved to the corporate section of the law division working on acquisitions, divestitures and other corporate matters. In 2002, he was promoted to senior vice president and general counsel. Prior to Lincoln, he was in private practice with the law firm Taft, Stettinius & Hollister in Cincinnati. Schoff received his bachelor’s degree in finance and juris doctorate, cum laude, from Indiana University in Bloomington, Ind. He is a member of the Indiana, Pennsylvania and American Bar Associations, and the Association of Corporate Counsel. Schoff is admitted to practice in the States of Indiana, Ohio and Pennsylvania.

Frederick J. Crawford is executive vice president and chief financial officer of Lincoln Financial Group. Crawford was appointed executive vice president in 2008 and has served as chief financial officer, and previously senior vice president, since 2005. In his capacity as chief financial officer, Crawford is responsible for financial reporting, tax, treasury, internal audit, investor relations and enterprise risk management. He is also responsible for mergers and acquisitions. Crawford joined Lincoln Financial Group as vice president and treasurer oJanuary 2, 2001. In his capacity as treasurer, Crawford had responsibility for Lincoln Financial’s banking relationships, capital raising and structure initiatives, and rating agency relationships. He was previously employed with Bank One where he served as president of the bank’s operations in Cincinnati and Northern Kentucky. From 1987 through 2000 Crawford held positions of increasing importance in the commercial banking division of First Chicago NBD including the Insurance Specialty Division managing a portfolio of large corporate insurance clients across an array of commercial and investment banking activities. Crawford earned a bachelor’s degree in business administration from Indiana State University and a master of business administration degree from the University of Iowa. Crawford currently serves as a member of the Board of Directors for the United Way of Southeastern Pennsylvania and as a member of the Board of Directors for the Life Insurance Council of New York, Inc.

Senior Vice President Lisa Buckingham is the Chief Human Resources Officer for Lincoln Financial Group. In this role, she is responsible for all Human Resources practices and policies for the organization and reports to the President and Chief Executive Officer, Dennis Glass. Buckingham joined Lincoln Financial from Thomson Reuters, where most recently she served as senior vice president of GTalent. She has more than 20 years of experience in all aspects of human resources management. Buckingham earned her bachelor’s degree from Georgetown University. Her professional areas of focus include organizational development, change management and talent management. She was the 2007 recipient of the HR Leader of the year award from Society of Human Resources Management, Southern Connecticut chapter.

Heather Dzielak is the Chief Marketing Officer for Lincoln Financial Group and leads the research, marketing, advertising, and strategic communications functions of the company. This group consults across the enterprise to support the company’s growth and protect the company’s reputation. In this role, Dzielak is responsible for articulating corporate strategy and ensuring that strategy remains compelling, overseeing the research agenda to explore innovative areas for growth and support business unit priorities, and supporting brand advocacy initiatives. Dzielak is also responsible for the management of the Lincoln Foundation. Prior to this expanded position, in October of 2006 Dzielak was asked to lead a new group at Lincoln Financial called Retirement Income Security Ventures. This group was charged with helping to ensure Lincoln Financial was recognized as a dominant leader in retirement income security through innovation and research. Prior to that Dzielak was the Product Line Business Leader for Lincoln’s Variable Annuity Business, where she had responsibility for product development and in-force profitability for the product line. Before joining Lincoln Financial in 2003, Dzielak brought significant experience from other financial services firms, having held positions at ING Group, Aetna Corporation and Cigna Individual Insurance. Dzielak holds a bachelor’s degree in finance and real estate from the University of Connecticut, in Storrs, Connecticut. Dzielak holds Series 6 and 26 certifications. She is passionate about working with organizations that help children, and is actively involved with the United Way and the Special Olympics in their fundraising efforts.

Frederick J. Crawford is executive vice president and chief financial officer of Lincoln Financial Group. Crawford was appointed executive vice president in 2008 and has served as chief financial officer, and previously senior vice president, since 2005. In his capacity as chief financial officer, Crawford is responsible for financial reporting, tax, treasury, internal audit, investor relations and enterprise risk management. He is also responsible for mergers and acquisitions. Crawford joined Lincoln Financial Group as vice president and treasurer oJanuary 2, 2001. In his capacity as treasurer, Crawford had responsibility for Lincoln Financial’s banking relationships, capital raising and structure initiatives, and rating agency relationships. He was previously employed with Bank One where he served as president of the bank’s operations in Cincinnati and Northern Kentucky. From 1987 through 2000 Crawford held positions of increasing importance in the commercial banking division of First Chicago NBD including the Insurance Specialty Division managing a portfolio of large corporate insurance clients across an array of commercial and investment banking activities. Crawford earned a bachelor’s degree in business administration from Indiana State University and a master of business administration degree from the University of Iowa. Crawford currently serves as a member of the Board of Directors for the United Way of Southeastern Pennsylvania and as a member of the Board of Directors for the Life Insurance Council of New York, Inc.

Ms. English was named President and Chief Operating Officer after serving as Executive Vice President and Chief Operating Officer from March 2000. She has over 20 years of Finance and Operations experience and brings extensive healthcare experience from her 10 + years at Lincoln National and Foundation Health Systems (FHS). Ms. English held various positions at FHS, including Vice President of Analysis and Planning, Senior Vice President of Administration, and her most recent position as divisional Senior Vice President of Operations for the multi-billion dollar healthcare organization. Her strong leadership, management style, and flexibility contributed heavily to FHS' restructuring. Ms. English was also responsible for the operational implementation of EDI. In setting ENS strategic direction, she has extensive industry contacts and a clear understanding and focus on the new direction of e-Health's positive impact on healthcare operations. Ms. English holds an MBA with an emphasis in Finance, and BA degrees in the fields of Economics and Political Science.

Christopher M. Ericksen joined Delaware Investments in April 2005 as a portfolio manager on the Focus Growth Equity Team, which is responsible for large-cap growth, all-cap growth, and one smid-cap product. His areas of concentration include finance and technology. He was most recently a portfolio manager at Transamerica Investment Management, LLC, where he also managed institutional separate accounts. Before joining Transamerica in 2004, he was a vice president at Goldman Sachs. During his 10 years there, he worked in investment banking as well as investment management.

Daniel J. Prislin, Vice President/Senior Portfolio Manager, was most recently a principal and portfolio manager at Transamerica Investment Management, LLC, where he also managed sub-advised funds and institutional separate accounts. Prior to joining Transamerica in 1998, he was an assistant portfolio manager with The Franklin Templeton Group.

Ed Riggins provides real estate advisory services to corporate clients. Applying a unique combination of human relations skills and technical abilities, the challenges of each client project are approached with creativity, market intelligence and optimism. Prior to joining CRESA Partners to focus on the needs of corporate space users, Ed was responsible for property sales and leasing for industrial and office parks comprising over 4.4 million square feet of existing buildings and over 2,700 acres of available land. His experience encompasses projects that have ranged in size from 2,500 square feet to over 250,000 square feet, and prior to joining CRESA Partners, having represented large investor/owners such as Equitable, Lincoln National Life and Prudential enhances his value to corporate clients.

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Michael Tallett-Williams heads Lincoln UK. Tallett-Williams joined Lincoln in April 1995 as chief financial officer when Lincoln acquired the Laurentian Financial Group in the UK. At Lincoln, he subsequently became responsible for the investment function before being appointed to his current role in November 2000. Before joining Lincoln, Tallett-Williams had been at Laurentian since 1987 in various finance roles before being promoted to chief financial officer of the Life Assurance company and later of the UK group. He had previously worked for Abbey Life and Canada Life in the UK in finance roles with particular emphasis on investment and system accounting. He holds a bachelor’s degree in mathematics from Southampton University. He is also a fellow of the Chartered Association of Certified Accountants (FCCA). Tallett-Williams serves as a representative of the Gloucestershire Development Agency and the Gloucester Heritage Urban Regeneration Company Limited.

Patrick G. Fortier, Vice President/Portfolio Manager, joined Delaware Investments as a portfolio manager on the Focus Growth team. He spent five years as a portfolio manager at Transamerica Investment Management, LLC. Before joining Transamerica in 2000, he worked for OLDE Equity Research, Detroit, as a sell-side equity analyst, focusing on commodity research, particularly in the oil/energy area. Funds that invest small and/or mid-size company stocks typically involve greater risk, particularly in the short term, than those investing in larger, more established companies.

Ted Babbes, who co-founded Lincoln Financial Group, is a Licensed Loan Officer and Real Estate Agent. Ted is active in all aspects of Lincoln Financial Group businesses. While he reviews all financial and operational activities, his central focus is on overall, customer service, business growth and strategic direction. The driving force behind the company's market development as a leader in the financial services industry, Ted brings 15 years of sales and operations expertise to Lincoln.

J. Patrick Barrett is non-executive chairman of Lincoln National Corporation. Barrett also serves as chairman and chief executive officer of CARPAT Investments, his private investment company. In addition, he is chairman of Syracuse Executive Air Service, Inc., an air charter service and fixed based operator, and chairman of Bennington Ironworks in Vermont. He is also chairman of the board of the Whiteface Club Companies. Formerly, he was chairman and chief executive officer of Avis, Inc., the world’s second-largest car rental company. While at Avis, he organized the buyout of the company from the Beatrice Companies, and, subsequently, its sale to its employees, in what was then the largest industrial Employee Stock Ownership Program in history. Earlier in his business career, Barrett was executive vice president, chief financial officer, and a director of Norton Simon, Inc., a consumer goods conglomerate whose properties included Avis, Hunt-Wesson, Max Factor, Canada Dry, and Somerset Importers. Barrett assumed the Norton Simon post after a long career at Carrier Corporation, where he served in various positions, starting as assistant treasurer in 1964 and rising to president of Carrier International Corporation in 1977. During this period, he also served as vice president and chief financial officer of the parent company, Carrier Corporation. Barrett received a bachelor of science degree in Economics from Siena College in Loudonville, N.Y. He serves as a trustee of Siena College and as a trustee emeritus of Syracuse University. He serves on the board of directors of Lincoln Life & Annuity Company of New York, a New York subsidiary of Lincoln Financial Group, where he is chairman of its Independent Directors Committee. In addition, he is a member of the board of directors of Coyne International Enterprises Corporation, Adirondack National Bank, and the Syracuse SkyChiefs Baseball Club, Inc. In 1987, Barrett was appointed by President Ronald Reagan as a member of the President’s Board of Advisors on Private Sector Initiatives. At President Reagan’s request, he also chaired the Vote America Program. Barrett served as a delegate to the 1988 and 2004 Republican National Conventions. In 1989, he was elected chairman of the New York Republican State Committee, a post he held until 1991.

David A. Stonecipher, FSA, is a director of Lincoln National Corporation. Stonecipher is a native of Cleveland, Tennessee, and received a bachelor’s degree from Vanderbilt University in 1962 and a master’s degree from Georgia State University in 1967. He earned the designation of Fellow of the Society of Actuaries in 1970. Following service in the U.S. Army from 1962-64, Stonecipher joined Life of Georgia in Atlanta as an actuarial trainee. He was elected senior vice president and actuary in 1978, executive vice president in 1984, president and chief operating officer in 1989 and CEO in 1991 of both Life of Georgia and Southland Life Insurance Company, and president and member of the board of GeorgiaUS Corporation, subsidiary of ING Corporation. Stonecipher is past chairman of Jefferson-Pilot Corporation, which merged with Lincoln Financial in 2006. He became president and chief executive officer of both the Jefferson- Pilot Corporation and Jefferson-Pilot Life Insurance Company on March 1, 1993, and chairman of the board on May 4, 1998. Stonecipher is past chairman of the board of the American Council of Life Insurers, Greensboro (N.C.) Development Corporation, and the Greater Greensboro Open. He currently serves on the board of Bassett Furniture Industries, Inc., McKenney’s Corporation and International Home Furnishings Center, Inc. He is a member of the Society of Actuaries and the American Academy of Actuaries. Stonecipher is a former member of the board of The Financial Services Roundtable, the Life Insurance Marketing and Research Association, North Carolina Citizens for Business and Industry, North Carolina Governors Council, Greensboro Community Foundation, Greensboro and Atlanta Chamber of Commerce and United Way, and the board of trustees for the McCallie School. He also is a former member of the Greensboro and Atlanta Rotary Clubs.

Mr. Thomas D. Bell, Jr., a member of our board of directors, is Chairman and Chief Executive Officer of Cousins Properties Incorporated. Cousins holds a 50% general partnership interest in Ten Peachtree Place Associates, or TPPA, which owns the building where we lease space for our corporate headquarters. Mr. Bell is not an officer of TPPA. Although Cousins is the managing member of TPPA, major business decisions for the TPPA partnership must be decided

William H. Cunningham, Ph.D., has served as a member of our Board of Directors since July 2000. Dr. Cunningham served as Chancellor and Chief Executive Officer of The University of Texas System from 1992 to 2000, in addition to holding the Lee Hage and Joseph D. Jamail Regents Chair in Higher Education Leadership. He served as President of The University of Texas at Austin, a component institution of the University of Texas System, from 1985 to 1992. He is currently a Professor of Marketing at The University of Texas at Austin. Dr. Cunningham serves on a number of public commissions, private corporate boards and in a number of advisory roles to corporations. Dr. Cunningham serves on the board of directors of John Hancock Advisers, Inc. and John Hancock Funds II and III. He also serves on the board of directors of Lincoln National Corporation, Southwest Airlines, Inc., LIN Television Corporation and Hayes Lemmerz International, Inc., each of which is a publicly-traded corporation. Dr. Cunningham received his Ph.D. and M.B.A. from Michigan State University. In 1993, he received an Honorary Doctor of Laws Degree and the Distinguished Alumnus Award from Michigan State University.

William J. Avery is retired from Crown Cork & Seal, where he held the position of president and chief executive officer. He also served as chairman of the board. Avery began his career as a management trainee with Crown Cork & Seal in 1959 in the Chicago plant while he completed his studies at the University of Chicago. He attained successively responsible positions with the company as plant manager, area manufacturing manager and vice president of sales in the Mid-West Division. In 1974 he was appointed corporate vice president of sales. He was appointed senior vice president in 1976 and in 1981 he became president and chief operating officer. In 1989, he became chief executive officer and, in 1990, he assumed the additional position of chairman of the board. He retired from these positions in early 2001. Crown grew dramatically under Avery’s leadership. From 1990 to 1995 sales increased from $1.5 billion to $5 billion. The company’s position in the packaging industry was enhanced through a series of strategic acquisitions nationally and internationally as the company moved from primarily a metal packaging company into also becoming a leading supplier of plastic containers and specialty closures for food and beverage containers. Acquisition activity in 1996 brought the largest packaging company in Europe, CarnaudMetalbox, into the Crown family. This increased sales to the $10 billion mark and has made Crown the premier packaging company in the world. Avery is or has been active in educational, charitable and civic organizations both in Philadelphia and outside the region. He is currently chairman of Fox Chase Cancer Center and a board member of The Franklin Institute, Rohm and Haas Company, Philadelphia Shipyard Development Corporation, PAL and The Kimmel Center for the Performing Arts. He was previously chairman of both the YMCA and Greater Philadelphia First. He was also formerly a board member of the Opportunities Industrialization Center, Avenue of the Arts and the West Company, and a member of the GSB Advisory Council of the University of Chicago.

William Porter Payne is a Partner with Gleacher Partners LLC, responsible for securing private equity investments and investment banking opportunities in the Southeast region. Formerly, he was Vice Chairman of Bank of America, Director of Healtheon/WebMD and Vice Chairman and Director of Premiere Technologies, responsible for the creation of strategic alliances for WebMD and for bringing a Web-based intelligent communications manager to the attention of worldwide corporate decision makers. Earlier in his business career, Payne worked as an attorney in private practice, specializing in commercial real estate transactions. Payne was responsible for leading the Olympic bid effort for Atlanta as president of the committee responsible for winning the 1996 Centennial Olympic Games and was the first person in modern Olympic history to continue uninterrupted as president of the organizing committee for the games themselves. Payne also is President and CEO of the Georgia Amateur Athletic Foundation and is a Founding Member of the Georgia State Games. While attending the University of Georgia, Payne received several athletic honors in football, including All Southeastern Conference honors in 1965, 1966 and 1968 and the UGA Outstanding Athlete Award in 1969. The Washington, D.C. Touchdown Club awarded him the National Sports Marketeer of the Year 1990. Payne’s civic recognition includes induction into the Georgia Sports Hall of Fame; he is also the recipient of the Olympic Order in Gold from the International Olympic Committee; the Distinguished Service Award from the Martin Luther King, Jr. Center for Non-Violent Social Change; Community Service Governor’s Award for Unique and Outstanding Volunteer Service; 1996 Distinguished Service Award from UGA, School of Business Administration; the 1996 Presidential Citation from Morehouse College; and he was the 1997 recipient of the Theodore Roosevelt Award, the highest honor bestowed by the NCAA. Payne serves on the boards of Anheuser-Busch, Inc., Cousins Properties, Inc., ILD Telecommunications, Inc., Crown Crafts, Inc., National Distributing Co., Inc. (Advisory Board), the Atlanta Falcons, The Convex Group, The Commerce Club and the Atlanta Chamber of Commerce. He is a member of the State of Georgia International Education Task Force and the American Bar Association. He also serves on the Board of Deacons, Ruling Elder of St. Luke’s Presbyterian Church. Payne received a Bachelor of Arts degree in political science from the School of Arts & Sciences of the University of Georgia, and his J.D. degree from the Joseph Henry Lumpkin School of Law. He holds honorary doctorates from the University of South Carolina, Emory University, Mercer University, Oglethorpe University, Presbyterian College and the University of Georgia.