Exhibit 4.1


 


PRICING INSTRUMENT


 


WHEREAS, the parties named herein desire to enter into
certain Program Documents (as defined herein) contained herein, each such
document (unless otherwise specified in such document) dated as of June 16,
2008, relating to the issuance by Genworth Global Funding Trust 2008-30 (the “Trust”)
of Notes to investors under the secured notes program sponsored by Genworth
Life and Annuity Insurance Company (“GLAIC”), the terms of such Notes as
specified in the pricing supplement attached to this Pricing Instrument as Exhibit C
(the “Pricing Supplement”);


 


WHEREAS, the Trust is a trust and will be organized
under and its activities will be governed by the provisions of the Trust
Agreement (set forth in Section A of this Pricing Instrument), dated as of
June 16, 2008, by and between the parties thereto indicated in Section E
herein;


 


WHEREAS, certain expense and indemnification
arrangements between GLAIC and the Trustee, on behalf of itself and on behalf
of the Trust, are governed pursuant to the provisions of the Expense and
Indemnity Agreement dated as of October 1, 2006 by and between GLAIC and
the Trustee;


 


WHEREAS, certain licensing arrangements between the
Trust and Genworth Financial, Inc. will be governed pursuant to the
provisions of the License Agreement dated as of October 28, 2005, by and
between the Trust and Genworth Financial, Inc.;


 


WHEREAS, certain custodial arrangements for the
Funding Agreement will be governed pursuant to the provisions of the Custodial
Agreement (the “Custodial Agreement”) dated as of December 7, 2005 by and
among SunTrust Bank, acting as custodian (the “Custodian”), the Indenture
Trustee and the Trust;


 


WHEREAS, the Notes will be issued pursuant to the
Indenture (set forth in Section B of this Pricing Instrument), dated as of
the Original Issue Date, by and between the parties thereto indicated in Section E
herein;


 


WHEREAS, the sale of the Notes will be governed by the
Terms Agreement (set forth in Section C of this Pricing Instrument), dated
as of June 16, 2008, by and among the parties thereto indicated in Section E
herein; and


 


WHEREAS, certain agreements relating to the Notes and
the Funding Agreement are set forth in the Coordination Agreement (set forth in
Section D of this Pricing Instrument), dated as of June 16, 2008, by
and among the parties thereto indicated in Section E herein.


 


All capitalized terms used herein and not otherwise
defined will have the meanings set forth in the Indenture.


 


1

















 


SECTION A


 


TRUST AGREEMENT


 


This TRUST AGREEMENT (this “Trust Agreement”), dated
as of June 16, 2008, is entered into by and between GSS Holdings II, Inc.,
a Delaware corporation, as trust beneficial owner (the “Trust Beneficial Owner”),
and U.S. Bank National Association, a national banking association, as Trustee
(the “Trustee”).


 


References in the Standard
Trust Terms to JPMorgan Chase Bank, N.A. shall refer to The Bank of
New York Trust Company, N.A. and its permitted successors and assigns.


 


W I T
N E S S E T H:


 


WHEREAS, the Trust Beneficial Owner and the Trustee
desire to authorize the issuance of a Trust Beneficial Interest and a series of
Notes in connection with the entry into this Trust Agreement;


 


WHEREAS, all things necessary to make this Trust Agreement
a valid and legally binding agreement of the Trustee and the Trust Beneficial
Owner, enforceable in accordance with its terms, have been done;


 


WHEREAS, the parties intend to provide for, among
other things, (i) the issuance and sale of the Notes (pursuant to the
Indenture, the Distribution Agreement and the related Terms Agreement) and the
Trust Beneficial Interest, (ii) the use of the proceeds of the sale of the
Notes and Trust Beneficial Interest to acquire the Funding Agreement, and (iii) all
other actions deemed necessary or desirable in connection with the transactions
contemplated by this Trust Agreement; and


 


WHEREAS, the parties hereto desire to incorporate by
reference those certain Standard Trust Terms, dated as of December 8,
2005, and attached to the Pricing Instrument as Exhibit A
(the “Standard Trust Terms”).


 


NOW, THEREFORE, in consideration of the agreements and
obligations set forth herein and for other good and valuable consideration, the
sufficiency of which are hereby acknowledged, each party hereby agrees as
follows:


 


ARTICLE 1


 


Section 1.01           Incorporation by
Reference.  All terms,
provisions and agreements set forth in the Standard Trust Terms (except to the
extent expressly modified herein) are hereby incorporated herein by reference
with the same force and effect as though fully set forth herein.  All capitalized terms not otherwise defined
herein (including the recitals hereof) shall have the meanings set forth in the
Standard Trust Terms (the Standard Trust Terms and this Trust Agreement,
collectively, the “Trust Agreement”).  To
the extent that the terms set forth in Article 2 of this Trust Agreement
are inconsistent with the terms of the Standard Trust Terms, the terms set
forth in Article 2 herein shall apply.


 


A-1

















 


ARTICLE 2


 


Section 2.01           Name.  The Trust created and governed by this Trust
Agreement shall be the trust specified in the Pricing Instrument.  The name of the Trust shall be the name
specified in the first paragraph of the Pricing Instrument, as such name may be
modified from time to time by the Trustee following written notice to the Trust
Beneficial Owner.


 


Section 2.02           Jurisdiction.  The Trust is hereby organized in, and formed
under and pursuant to, the laws of the jurisdiction specified in the Pricing
Supplement.


 


Section 2.03           Initial Capital
Contribution and Ownership. 
The Trust Beneficial Owner has paid or has caused to be paid to, or to
an account at the direction of, the Trustee, on the date hereof, the sum of $15
(or, in the case of Notes issued with original issue discount, such amount
multiplied by the issue price of the Notes as specified in the Pricing
Supplement).  The Trustee hereby
acknowledges receipt in trust from the Trust Beneficial Owner, as of the date
hereof, of the foregoing contribution, which shall be used along with the
proceeds from the sale of the series of Notes to purchase the Funding
Agreement.  Upon the creation of the
Trust and the registration of the Trust Beneficial Interest in the Securities
Register (as defined in the Trust Agreement) by the Trust Registrar in the name
of the Trust Beneficial Owner, the Trust Beneficial Owner shall be the sole
beneficial owner of the Trust.


 


Section 2.04           Acknowledgment.  The Trustee, on behalf of the Trust,
expressly acknowledges its duties and obligations set forth in the Standard
Trust Terms incorporated herein by reference.


 


Section 2.05           Additional Terms.  Section 5.01(a) of
the Standard Trust Terms is hereby replaced with the following: “it is a
national banking association duly organized, validly existing and in good
standing under the laws of the United States of America and it is a “bank”
within the meaning of Section 581 of the Code;”.


 


Section 2.06           Pricing Instrument;
Execution and Incorporation of Terms.


 


The parties hereto will enter into the Trust Agreement
by executing the Pricing Instrument.


 


By executing the Pricing Instrument, the Trustee and
the Trust Beneficial Owner hereby agree that the Trust Agreement will
constitute a legal, valid and binding agreement between the Trustee and the
Trust Beneficial Owner.


 


All terms relating to the Trust or the series of Notes
not otherwise included herein will be as specified in the Pricing Instrument or
Pricing Supplement, as indicated herein.


 


Section 2.07           Governing Law.  This Trust Agreement will be governed by, and
construed in accordance with, the laws of the jurisdiction specified in the
Pricing Supplement.


 


A-2

















 


Section 2.08           Counterparts.  The Trust Agreement, through the Pricing
Instrument, may be executed in any number of counterparts, each of which
counterparts shall be deemed to be an original, and all of which counterparts
shall constitute but one and the same instrument.


 


A-3

















 


SECTION B


 


INDENTURE


 


This INDENTURE (this “Indenture”) is entered into as
of the Original Issue Date by and between the Genworth Global Funding Trust
specified in the Pricing Instrument (the “Trust”) and The Bank of New York
Trust Company, N.A., as the indenture trustee (the “Indenture Trustee”).


 


The Bank of New York Trust Company, N.A., in its
capacity as Indenture Trustee, hereby accepts its role as Registrar, Paying
Agent, Transfer Agent and Calculation Agent hereunder.


 


References herein to “Indenture Trustee,” “Registrar,”
“Transfer Agent,” “Paying Agent” or “Calculation Agent” shall include the
permitted successors and assigns of any such entity from time to time and
references in the Standard Indenture Terms to The Bank of New York shall refer
to U.S. Bank National Association and its permitted successors and assigns.


 


W I T
N E S S E T H:


 


WHEREAS, the Trust has duly authorized the execution
and delivery of this Indenture to provide for the issuance of Notes;


 


WHEREAS, all things necessary to make this Indenture a
valid and legally binding agreement of the Trust and the other parties to this
Indenture, enforceable in accordance with its terms, have been done, and the
Trust proposes to do all things necessary to make the Notes, when executed by
the Trust and authenticated and delivered pursuant hereto, valid and legally
binding obligations of the Trust as hereinafter provided; and


 


WHEREAS, the parties hereto desire to incorporate by
reference those certain Standard Indenture Terms, dated as of December 8,
2005, and attached to the Pricing Instrument as Exhibit B
(the “Standard Indenture Terms”).


 


NOW, THEREFORE, for and in consideration of the
premises and the purchase of the Notes by the Holders thereof, it is mutually
covenanted and agreed by each of the parties hereto as follows:


 


ARTICLE 1


 


Section 1.01           Incorporation by
Reference.  All terms,
provisions and agreements set forth in the Standard Indenture Terms (except to
the extent expressly modified herein) are hereby incorporated herein by
reference with the same force and effect as though fully set forth herein.  All capitalized terms not otherwise defined
herein (including the recitals hereof) shall have the meanings set forth in the
Standard Indenture Terms (the Standard Indenture Terms and this Indenture,
collectively, the “Indenture”).  To the
extent that the terms set forth in Article 2 of this Indenture are
inconsistent with the terms of the Standard Indenture Terms, the terms set
forth in Article 2 herein shall apply.


 


B-1

















 


ARTICLE 2


 


Section 2.01           Agreement to be Bound.  Each of the Trust, the
Indenture Trustee, the Registrar, the Transfer Agent, the Paying Agent and the
Calculation Agent hereby agrees to be bound by all of the terms, provisions and
agreements set forth in the Indenture, with respect to all matters contemplated
in the Indenture, including, without limitation, those relating to the issuance
of the below-referenced Notes.


 


Section 2.02           Designation of the
Trust, the Notes and the Funding Agreement.  The Trust created by the Trust Agreement
specified in the Pricing Instrument and referred to herein is the Genworth
Global Funding Trust specified in the Pricing Instrument.  The Notes issued by the Trust and governed by
the Indenture shall be the Notes specified in the Pricing Supplement.  The Funding Agreement designated hereby is
the Funding Agreement designated in the Pricing Supplement, effective as of the
Original Issue Date, between the Trust and Genworth Life and Annuity Insurance
Company.


 


Section 2.03           Additional Terms.
Notwithstanding anything to the contrary in Section 2.04(c) of the
Standard Indenture Terms, the Indenture Trustee will give written notice of
redemption to the Holders in accordance with Section 1.06 of the Standard
Indenture Terms not more than seventy-five (75) calendar days and not less than
thirty (30) calendar days prior to the date set for such redemption.
Notwithstanding anything to the contrary in Section 2.04(f) of the Standard
Indenture Terms, the Indenture Trustee shall treat as satisfactory to it
thirty-five (35) calendar days’ notice from the Trust (or from GLAIC on behalf
of the Trust) of a redemption date for the Notes; provided that there are at
least three Business Days between the receipt by it of such notice and the
deadline for giving notice of such redemption under Section 2.04(c);
provided further that the Notes are in the form of Global Notes and the
redemption is in whole.  The initial
principal amount of the Notes shall be $5,220,000.00.


 


Section 2.04           Pricing Instrument;
Execution and Incorporation of Terms.


 


The parties hereto will enter into this Indenture by
executing the Pricing Instrument.


 


By executing the Pricing Instrument, the Indenture
Trustee, the Registrar, the Transfer Agent, the Paying Agent, the Calculation
Agent and the Trust hereby agree that the Indenture will constitute a legal,
valid and binding agreement between the Indenture Trustee, the Registrar, the
Transfer Agent, the Paying Agent, the Calculation Agent and the Trust.


 


All terms relating to the Trust or the Notes not
otherwise included herein will be as specified in the Pricing Instrument or
Pricing Supplement, as indicated herein.


 


Section 2.05           Counterparts.  This Indenture, through the Pricing
Instrument, may be executed in any number of counterparts, each of which
counterparts shall be deemed to be an original, and all of which counterparts
shall constitute one and the same instrument.


[Remainder of Page Left
Intentionally Blank]


 


B-2

















 


SECTION C


 


TERMS AGREEMENT


 


This TERMS AGREEMENT (this “Terms Agreement”) is
entered into as of June 16, 2008 by and among Genworth Life and Annuity
Insurance Company (“GLAIC”), the Genworth Global Funding Trust specified in the
Pricing Instrument (the “Trust”) and the Agent specified in the Pricing
Supplement (the “Agent”).


 


W I T
N E S S E T H:


 


WHEREAS, GLAIC and the Agent have entered into that
certain Distribution Agreement dated December 9, 2005 (the “Distribution
Agreement”).


 


NOW, THEREFORE, in consideration of the mutual
promises set forth herein and other good and valuable consideration, the
sufficiency and receipt of which are hereby acknowledged, each of the parties
hereby agrees as follows:


 


ARTICLE 1


 


Section 1.01           Incorporation by
Reference.  The provisions of
the Distribution Agreement and the related definitions (unless otherwise
specified herein) are incorporated by reference herein and shall be deemed to
have the same force and effect as if set forth in full herein.


 


ARTICLE 2


 


Section 2.01           Addition of Trust
as Party to Distribution Agreement.


 


Pursuant to Section 1 of the Distribution
Agreement, each of the undersigned parties hereby acknowledges and agrees that
the Trust, upon execution hereof by the Trust and the other parties to this
Terms Agreement, shall become a Trust for purposes of the Distribution
Agreement in accordance with the terms thereof, in respect of the Notes, with
all the authority, rights, powers, duties and obligations of a Trust under the
Distribution Agreement.  The Trust
confirms that any agreement, covenant, acknowledgment, representation or
warranty under the Distribution Agreement applicable to the Trust is made by
the Trust at the date hereof, unless another time or times are specified in the
Distribution Agreement, in which case such agreement, covenant, acknowledgment,
representation or warranty shall be deemed to be confirmed by the Trust at such
specified time or times.


 


All references to Section 9 (Indemnification) of
the Distribution Agreement to “solely with respect to the applicable Agent(s) or
Co-Agent(s)” will include all of such Agent’s or Co-Agent’s directors and
officers and each person, if any, who controls such Agent or Co-Agent within
the meaning of Section 15 of the Securities Act of 1933, as amended or Section 20
of the Securities Exchange Act of 1934, as amended.  All references in the Distribution Agreement
to the “Registration Statement”, the “Institutional Base Prospectus”, the “Retail
Base Prospectus”, any “preliminary prospectus”, the “Time of Sale Prospectus”
and the “Prospectus” shall also be deemed to include all documents incorporated
by reference therein.


 


C-1

















 


Section 2.02           Purchase of Notes
as Principal.


 


(a)           Subject
in all respects to the terms and conditions of the Distribution Agreement, the
Trust hereby agrees to sell to the Agent and the Agent hereby agrees to
purchase the Notes having the terms specified in the Pricing Supplement relating
to such Notes. The initial principal amount of the Notes is $5,220,000.00.


 


(b)           In
connection with any purchase of Notes from the Trust by the Agent as principal,
the parties agree that the items specified on Schedule I of the Pricing
Instrument will be delivered as of the Settlement Date.


 


Section 2.03           Termination.  Upon the termination of this Terms Agreement
pursuant to Section 13(b) of the Distribution Agreement the
undersigned parties hereby agree to allocate the expenses reasonably incurred
prior to or in connection with such termination as follows:


 


The expenses will be borne by GLAIC.


 


Section 2.04           Applicable Time.  For purposes of the Distribution Agreement,
the Applicable Time shall be 3:43 pm EST, June 16, 2008.


 


Section 2.05           Governing Law.
 This Terms Agreement shall be governed
by and construed in accordance with the laws of the State of New York without
regard to the principles of conflicts of laws thereof.


 


Section 2.06           Notices.
For purposes of Section 14 of the Distribution Agreement, the Trust’s
communications details are as set forth in Section D of the Pricing
Instrument.


 


Section 2.07           Additional Terms.  The Agent represents, warrants and covenants
with or to (as the case may be) the Trust and the Company that it has not
offered, sold or delivered and it will not offer, sell or deliver, any of the
Notes, in or from any jurisdiction except under circumstances that are
reasonably designed to result in compliance with the applicable securities laws
and regulations thereof.


 


Section   2.08         Pricing Instrument; Execution and Incorporation of Terms.


 


The parties hereto will enter into this Terms
Agreement by executing the Pricing Instrument.


 


By executing the Pricing Instrument, each party hereto
agrees that this Terms Agreement will constitute a legal, valid and binding
agreement by and among such parties.


 


All terms relating to the Trust or the Notes not
otherwise included in this Terms Agreement will be as specified in the Pricing
Instrument or Pricing Supplement, as indicated herein.


 


Section   2.09         Counterparts. 
This Terms Agreement, through the Pricing Instrument, may be executed in
any number of counterparts, each of which counterparts shall be deemed to be an
original, and all of which counterparts shall constitute but one and the same
instrument.


 


C-2

















 


SECTION D


 


COORDINATION
AGREEMENT


 


This COORDINATION AGREEMENT (this “Coordination
Agreement”), dated as of June 16, 2008, is entered into by and among
Genworth Life and Annuity Insurance Company (“GLAIC”), the Genworth Global
Funding Trust specified in the Pricing Instrument (the “Trust”), SunTrust Bank,
in its capacity as custodian of the Funding Agreement (“Custodian”) and The
Bank of New York Trust Company, N.A., as the indenture trustee (the “Indenture
Trustee”).


 


W I T
N E S S E T H


 


WHEREAS, the Trust will enter into the Funding
Agreement with GLAIC, effective as of the Original Issue Date specified in the
Pricing Supplement;


 


WHEREAS, the Agents (as defined in the Distribution
Agreement) will sell the Notes in accordance with the Registration Statement;


 


WHEREAS, the Trust intends to issue the Notes in
accordance with the Indenture, to collaterally assign to, and grant a security
interest in, the Funding Agreement to and in favor of the Indenture Trustee in
accordance with the Indenture to secure payment of the Notes; and


 


WHEREAS, the Custodian will hold the Funding Agreement
on behalf of the Indenture Trustee pursuant to the terms of the Custodial
Agreement.


 


NOW, THEREFORE, to give effect to the agreements and
arrangements established under the Terms Agreement included in the Pricing
Instrument, as applicable, the Trust Agreement, the Indenture and the Notes,
and in consideration of the agreements and obligations set forth herein and for
other good and valuable consideration, the sufficiency of which are hereby
acknowledged, each party hereby agrees as follows:


 


ARTICLE 1


 


Section 1.01           Delivery of the
Funding Agreement.  The Trust
hereby authorizes the Custodian, on behalf of the Indenture Trustee, to receive
the Funding Agreement from GLAIC pursuant to the assignment of the Funding
Agreement (the “Assignment”), to be entered into on the Original Issue Date,
included in the closing instrument dated as of the Original Issue Date (the “Closing
Instrument”).


 


Section 1.02           Issuance and
Purchase of the Notes.


 


(a)           Delivery
of the Funding Agreement to the Custodian, on behalf of the Indenture Trustee,
pursuant to the Assignment or execution of the cross-receipt contained in the
Closing Instrument shall be confirmation of payment by the Trust for the
Funding Agreement.


 


(b)           The
Trust hereby directs the Indenture Trustee, upon receipt of the Funding
Agreement by the Custodian, on behalf of the Indenture Trustee and pursuant to
the Assignment, 


 


D-1

















 


(i) to authenticate the certificates representing
the Notes (the “Certificates”) in accordance with the Indenture and (ii) to
(A) deliver each relevant Certificate to the clearing system or systems
identified in each such Certificate, or to the nominee of such clearing system,
or the custodian thereof, for credit to such accounts as the Agent may direct,
or (B) deliver each relevant Certificate to the purchasers thereof as
identified by the Agent.


 


ARTICLE 2


 


Section 2.01           Directions
Regarding Periodic Payments. 
As registered owner of the Funding Agreement as collateral securing
payments on the Notes, the Indenture Trustee will receive payments on the
Funding Agreement on behalf of the Trust. 
The Trust hereby directs the Indenture Trustee to use such funds to make
payments on behalf of the Trust pursuant to the Trust Agreement and the
Indenture.


 


Section 2.02           Maturity of the
Funding Agreement.  Upon the
maturity of the Funding Agreement and the return of funds thereunder, the Trust
hereby directs the Indenture Trustee to set aside from such funds an amount
sufficient for the repayment of the outstanding principal on the Notes and
Trust Beneficial Interest when due.


 


ARTICLE 3


 


Section 3.01           Officer’s
Certificates.  GLAIC hereby
agrees to deliver an Officer’s Certificate, a copy of which is attached hereto
as Exhibit D, on a quarterly basis to
any rating agency currently rating the Program. 
The Trust hereby agrees to deliver an Officer’s Certificate, a copy of
which is attached to the Pricing Instrument as Exhibit E,
on a quarterly basis to any rating agency currently rating the Program.


 


Section 3.02           Filings.  GLAIC hereby covenants to file, or cause to
be filed, in a timely manner on behalf of the Trust all reports, certifications
or similar filings required under the Securities Exchange Act of 1934, as
amended.


 


ARTICLE 4


 


Section 4.01           No Additional
Liability.  Nothing in this
Coordination Agreement shall impose any liability or obligation on the part of
any party to this Coordination Agreement to make any payment or disbursement in
addition to any liability or obligation such party has under the Program
Documents, except to the extent that a party has actually received funds which
it is obligated to disburse pursuant to this Coordination Agreement.


 


Section 4.02           No Conflict.  This Coordination Agreement is intended to be
in furtherance of the agreements reflected in the documents related to the
Program Documents, and not in conflict. 
To the extent that a provision of this Coordination Agreement conflicts
with the provisions of one or more Program Documents, the provisions of such
Program Documents shall govern.


 


Section 4.03           Governing Law.  This Coordination Agreement shall be governed
by and construed in accordance with the laws of the State of New York without
regard to the principles of conflicts of laws thereof.


 


D-2
















 


Section 4.04      Severability.  If any provision in this Coordination
Agreement shall be invalid, illegal or unenforceable, such provision shall be
deemed severable from the remaining provisions of this Coordination Agreement
and shall in no way affect the validity or enforceability of such other
provisions of this Coordination Agreement.


 


Section 4.05      Notices.  All demands, notices and communications under
this Coordination Agreement shall be in writing and shall be deemed to have
been duly given upon receipt at the addresses set forth below:


 


To the Trust:


 


Genworth Global Funding Trust 2008-30

c/o U.S. Bank National Association

Corporate Trust Services

209 S. LaSalle Street, Suite 300

Chicago, Illinois 60604

Attention:  Patricia Child, VP

Facsimile: (312) 325-8905


 


To the Indenture Trustee:


 


The
Bank of New York Trust Company, N.A.

2 North LaSalle Street, Suite 1020

Chicago, Illinois 60602

Attention: Corporate Finance

Facsimile: (312) 827-8542


 


To GLAIC:


 


Genworth
Life and Annuity Insurance Company

6610 West Broad Street

Richmond, Virginia 23230

Attention: Treasurer

Facsimile: (804) 662-7777


 


with a
copy to:


 


Genworth
Life and Annuity Insurance Company

6610 West Broad Street

Richmond, Virginia 23230

Attention: Heather Harker, Esq.

Facsimile: (804) 281-6005


 


To the Custodian:


 


SunTrust Bank

919 East Main Street


 


D-3

















 


Richmond, Virginia 23219

Attention: Retirement Services


Facsimile: (804) 782-7439


 


or at
such other address as shall be designated by any such party in a written notice
to the other parties.


 


ARTICLE 5


 


Section 5.01      Pricing
Instrument; Execution and Incorporation of Terms.


 


The parties to this Coordination Agreement will enter
into this Coordination Agreement by executing the Pricing Instrument.


 


By executing the Pricing Instrument, each party hereto
agrees that this Coordination Agreement will constitute a legal, valid and
binding agreement by and among the Trust, GLAIC, the Custodian and the
Indenture Trustee.


 


All terms relating to the Trust or the Notes not
otherwise included in this Coordination Agreement will be as specified in the
Pricing Instrument or Pricing Supplement, as indicated herein.


 


Section 5.02      Counterparts.  This Coordination Agreement, through the
Pricing Instrument, may be executed in any number of counterparts, each of
which counterparts shall be deemed to be an original, and all of which
counterparts shall constitute but one and the same instrument.


 


Section 5.03      Capitalized Terms.  All capitalized terms used herein and not
otherwise defined in this Coordination Agreement will have the meanings set
forth in the Indenture.


 


[Remainder of Page Left
Intentionally Blank]


 


D-4

















 


SECTION E


 


MISCELLANEOUS AND
EXECUTION PAGES


 


This Pricing Instrument may be executed by each of the
parties hereto in any number of counterparts, and by each of the parties hereto
on separate counterparts, each of which counterparts, when so executed and
delivered, shall be deemed to be an original, but all such counterparts shall
together constitute but one and the same instrument.


 


Each signatory, by its execution hereof, does hereby
become a party to each of the agreements or indenture identified for such party
as of the date specified in such agreements or indenture.


 


IN WITNESS WHEREOF, the undersigned have executed this
Pricing Instrument with respect to the Notes as of the date first written
above.


 


 


	
   

  	
  GENWORTH LIFE AND ANNUITY INSURANCE COMPANY (in executing below
  agrees and becomes a party to (i) the Terms Agreement set forth in
  Section C herein and (ii) the Coordination Agreement set forth in
  Section D herein)

  
	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Pamela C. Asbury

  
	
   

  	
   

  	
  Name:  Pamela
  C. Asbury

  
	
   

  	
   

  	
  Title:  Vice
  President

  



 


[Execution Page 1
of 3]


 


E-1

















 


	
   

  	
  THE GENWORTH GLOBAL FUNDING TRUST DESIGNATED IN THIS PRICING
  INSTRUMENT (in executing below agrees and becomes a party to (i) the
  Indenture set forth in Section B herein, (ii) the Terms Agreement
  set forth in Section C herein and (iii) the Coordination Agreement
  set forth in Section D herein)

  
	
   

  	
   

  
	
   

  	
  By: U.S. BANK NATIONAL
  ASSOCIATION, not in its individual capacity but solely in its capacity as
  Trustee of the Trust

  
	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Patricia M. Child

  
	
   

  	
   

  	
  Name:  Patricia
  M. Child

  
	
   

  	
   

  	
  Title:  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  U.S. BANK NATIONAL
  ASSOCIATION (in executing below agrees and becomes a party to the Trust
  Agreement set forth in Section A herein), as Trustee

  
	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Patricia M. Child

  
	
   

  	
   

  	
  Name:  Patricia
  M. Child

  
	
   

  	
   

  	
  Title:  Vice
  President

  
	
   

  	
   

  
	
   

  	
  U.S. BANK NATIONAL
  ASSOCIATION (in executing below acknowledges and agrees to Section 5.01
  of the Trust Agreement as set forth in and amended by Section A herein),
  in its individual capacity

  
	
   

  	
   

  
	
   

  	
  By

  	
          /s/
  Patricia M. Child

  
	
   

  	
   

  	
  Name:  Patricia
  M. Child

  
	
   

  	
   

  	
  Title:  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  GSS HOLDINGS II, INC.
  (in executing below agrees and becomes a party to the Trust Agreement set
  forth in Section A herein), as Trust Beneficial Owner

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Bernard J. Angelo

  
	
   

  	
   

  	
  Name:  Bernard
  J. Angelo

  
	
   

  	
   

  	
  Title:  Vice
  President

  



 


[Execution Page 2 of 3]


 


E-2

















 


	
   

  	
  THE BANK OF NEW YORK TRUST COMPANY, N.A. (in executing below agrees
  and becomes a party to (i) the Indenture set forth in Section B
  herein, as Indenture Trustee, Registrar, Transfer Agent, Paying Agent and
  Calculation Agent and (ii) the Coordination Agreement set forth in
  Section D herein), as Indenture Trustee, Registrar, Transfer Agent,
  Paying Agent and Calculation Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  R. Tarnas

  
	
   

  	
   

  	
  Name:  R.
  Tarnas

  
	
   

  	
   

  	
  Title:  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  SUNTRUST BANK (in executing below agrees and becomes a party to the
  Coordination Agreement set forth in Section D herein), as Custodian

  
	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Richard J. Owens, III

  
	
   

  	
   

  	
  Name:  Richard
  J. Owens, III

  
	
   

  	
   

  	
  Title:  VP/Trust
  Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  INCAPITAL, LLC (in executing below agrees and becomes a
  party to the Terms Agreement set forth in Section C herein)

  
	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Brian Walker

  
	
   

  	
   

  	
  Name:  Brian
  Walker

  
	
   

  	
   

  	
  Title:  Managing
  Director

  



 


[Execution Page 3 of 3]


 


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EXHIBIT A


Standard
Trust Terms


 


As filed as Exhibit 4.5 to the Registration Statement on Form S-3
(File No. 333-128718), filed by Genworth Life and Annuity Insurance
Company with the Securities and Exchange Commission (the “Commission”) on September 30,
2005, as amended by Amendment No. 1, filed with the Commission on December 8,
2005.


 


A-1

















 


EXHIBIT B


Standard
Indenture Terms


 


As filed as Exhibit 4.1 to the Registration Statement on Form S-3
(File No. 333-128718), filed by Genworth Life and Annuity Insurance
Company with the Securities and Exchange Commission (the “Commission”) on September 30,
2005, as amended by Amendment No. 1, filed with the Commission on December 8,
2005.


 


B-1

















 


EXHIBIT C


Pricing
Supplement


 


As filed with the Securities and Exchange Commission
pursuant to Rule 424(b) under the Securities Act, dated as of June 9,
2008, with respect to the Notes to be issued by the Trust.


 


C-1

















 


EXHIBIT D


Genworth
Life and Annuity Insurance Company


 


Officer’s
Certificate


 


The undersigned, an officer of Genworth Life and
Annuity Insurance Company, a stock life insurance company operating under a
charter granted by the Commonwealth of Virginia (“GLAIC”), does hereby certify
to Standard & Poor’s Ratings Services, a division of The McGraw-Hill
Companies, Inc., in such capacity and on behalf of GLAIC, to the knowledge
of the undersigned and after reasonable inquiry, that:


 


	
  1.

  	
   

  	
  each of the
  representations and warranties of GLAIC contained in each Expense and
  Indemnity Agreement entered into in connection with the Registration
  Statement (defined below), and each Funding Agreement issued in connection
  with the Program (the “Specified Agreements”) (other than any representation
  or warranty expressly made as of a date prior to the date hereof) are true
  and correct on and as of the date hereof, with the same effect as though such
  representation or warranty had been made on and as of the date hereof;

  
	
   

  	
   

  	
   

  
	
  2.

  	
   

  	
  no default under any of
  the Specified Agreements and no event or any condition which, with notice or
  lapse of time or both, would become a default, has occurred and is continuing
  as of the date hereof;

  
	
   

  	
   

  	
   

  
	
  3.

  	
   

  	
  GLAIC has performed and
  complied with, in all material respects, all of the agreements, covenants,
  obligations and conditions applicable to GLAIC required by the Specified
  Agreements to be performed or complied with by GLAIC on or before the date
  hereof;

  
	
   

  	
   

  	
   

  
	
  4.

  	
   

  	
  the Registration
  Statement filed on Form S-3 (File No. 333-128718) (the
  “Registration Statement”) by GLAIC has been declared effective by the
  Securities and Exchange Commission (the “Commission”) under the Securities
  Act of 1933, as amended (the “Act”) and no stop order suspending the
  effectiveness of the Registration Statement has been issued and no
  proceedings for that purpose have been commenced by or are pending before or
  contemplated by the Commission;

  
	
   

  	
   

  	
   

  
	
  5.

  	
   

  	
  all filings, if any,
  required by Rule 424 and Rule 430A under the Act have been made in
  a timely manner;

  
	
   

  	
   

  	
   

  
	
  6.

  	
   

  	
  since [·](1),
  the Trusts organized in connection with the program contemplated by the
  Registration Statement have issued the following series of Notes:

  
	
   

  	
   

  	
   

  
	
   

  	
  [List each series of Notes] [(collectively, the
  “Designated Notes”)]; and

  
	
   

  	
   

  	
   

  
	
  7.

  	
   

  	
  the Funding Agreements
  issued in connection with the Designated Notes have been executed and
  delivered by GLAIC in accordance with the terms and conditions of the Program
  Documents.

  



 






(1) This certificate to be signed quarterly.


 


D-1

















 


Capitalized terms used herein and not otherwise
defined herein shall have the meanings set forth in the Standard Indenture
Terms attached as Exhibit 4.1 to the Registration Statement.


 


IN WITNESS WHEREOF, the undersigned has executed this
Certificate as of the [·] day of [·]
200[·].


 


	
   

  	
  [Name], in [his/her] capacity as an authorized officer of Genworth
  Life and Annuity Insurance Company

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  



 


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EXHIBIT E 

Genworth Global Funding Trusts


 


Trustee
Officer’s Certificate


 


U.S. Bank National Association, not in its individual capacity
but solely in its capacity as trustee acting on behalf of each common law trust
organized under the laws of the State of Illinois (in such capacity, the “Trustee,”
and each such common law trust being referred to herein as a “Trust”) in
connection with the program contemplated by the Registration Statement filed on
Form S-3 (File No. 333-128718) by Genworth Life and Annuity Insurance
Company with the Securities and Exchange Commission (the “Commission”) on September 30,
2005, as amended by Amendment No. 1, filed with the Commission on December 8,
2005 (the “Registration Statement”), does hereby certify to Standard &
Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., in
such capacity and on behalf of each Trust, to the knowledge of the Trustee
without any independent investigation, that; as of October 1, 2006:


 


	
  1.

  	
   

  	
  each of the representations and warranties of each
  Trust contained in the Notes issued in connection with the Program, each
  Indenture entered into in connection with the Registration Statement and the
  Expense and Indemnity Agreement concerning the Trusts (the “Specified
  Agreements”) (other than any representation or warranty expressly made as of
  a date prior to the date hereof) are true and correct on and as of the date hereof,
  with the same effect as though such representation or warranty had been made
  on and as of the date hereof;

  
	
   

  	
   

  	
   

  
	
  2.

  	
   

  	
  no default under any of the Specified Agreements and
  no event or any condition which, with notice or lapse of time or both, would
  become a default, has occurred and is continuing as of the date hereof;

  
	
   

  	
   

  	
   

  
	
  3.

  	
   

  	
  each Trust has performed and complied with, in all
  material respects, all of the agreements, covenants, obligations and
  conditions applicable to such Trust required by the Specified Agreements to
  be performed or complied with by such Trust on or before the date hereof;

  
	
   

  	
   

  	
   

  
	
  4.

  	
   

  	
  the Notes issued in connection with the Program have
  been issued, in all material respects, in accordance with the terms and
  conditions of the Program Documents; and

  
	
   

  	
   

  	
   

  
	
  5.

  	
   

  	
  each Funding Agreement has been executed and
  delivered by the related Trust in accordance with the terms and conditions of
  the Program Documents.

  



 


Capitalized terms used herein and not otherwise
defined herein shall have the meanings set forth in the Standard Indenture
Terms attached as Exhibit 4.1 to the Registration Statement. In no event
shall U.S. Bank National Association in its personal corporate capacity (or any
officer of the Trustee in his or her personal capacity) have any liability for
any of the certifications or statements contained in this Trustee Officer’s
Certificate, such liability being solely that of each Trust.


 


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IN WITNESS WHEREOF, the undersigned has executed this
Certificate as of the [·] day of [·],
200[·].


 


	
   

  	
  U.S. Bank National Association, not in its individual capacity but
  solely in its capacity as Trustee acting on behalf of each Trust

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  



 


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SCHEDULE
I


 


Terms
Agreement Specifications


 


In
connection with Section 3(a)(iv) of the Distribution Agreement, the
Program under which the Notes are issued is rated Aa3 by Moody’s Investors
Service, Inc. (“Moody’s”) and AA- by Standard & Poor’s Rating
Services, a division of The McGraw-Hill Companies, Inc. (“S&P”).  Genworth Life and Annuity Insurance Company (“GLAIC”)
expects that the Notes will be rated Aa3 by Moody’s and AA- by S&P.  GLAIC’s financial strength rating is Aa3 by
Moody’s and AA- by S&P.


 


In
accordance with Section 2.02(b) of the Terms Agreement and in
connection with the purchase of Notes from the Trust by the Agent, the
following items will be delivered on or prior to the Settlement Date to the
Agent:  None.


 


All capitalized terms used herein and not otherwise
defined herein will have the meanings set forth in the Distribution Agreement.


 


I-1