The Kings New York Participation Agreement is a contractual arrangement between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York. This agreement outlines the terms and conditions under which the fund will participate in the insurance products offered by Lincoln Life and Annuity Company of New York. This participation agreement serves as a framework to ensure a mutually beneficial relationship between the fund and the insurance company. It establishes the rights, obligations, and responsibilities of both parties, setting clear guidelines for the management of the insurance products and the associated investment funds. Keywords: Kings New York Participation Agreement, Variable Insurance Products Fund, III, Lincoln Life and Annuity Company of New York There may be different types of Kings New York Participation Agreements between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York, depending on the specific insurance products and investment funds involved. These variations could include: 1. Variable Universal Life (JUL) Participation Agreement: This agreement governs the participation of Variable Insurance Products Fund, III in the JUL policies offered by Lincoln Life and Annuity Company of New York. It outlines the investment options, asset allocation strategies, and management fees associated with the policyholder's investment component. 2. Variable Annuity Participation Agreement: This type of agreement focuses on the participation of Variable Insurance Products Fund, III in the variable annuity products offered by Lincoln Life and Annuity Company of New York. It provides details on the investment options, surrender charges, and death benefit provisions associated with the annuity contracts. 3. Variable Life Insurance Participation Agreement: This agreement specifically addresses the participation of Variable Insurance Products Fund, III in the variable life insurance products offered by Lincoln Life and Annuity Company of New York. It outlines the investment options, premium payments, and policy cash values associated with the variable life insurance policies. In each of these variations, the Kings New York Participation Agreement establishes a framework to ensure that the interests of both parties are protected, and that the insurance products offered by Lincoln Life and Annuity Company of New York align with the investment goals and objectives of Variable Insurance Products Fund, III.