Document:

<PAGE>

                                 EXHIBIT (4)(c)

                              FORM OF POLICY RIDER
                           (RETURN OF ANNUAL STEP-UP)

<PAGE>

                                                      Home Office:
                                                      [4333 Edgewood Road N.E.]
[LOGO](R) Transamerica Life                           [Cedar Rapids, Iowa 52499]
          Insurance Company                           [(319)398-8511]

          A Stock Company (Hereafter called the Company, we, our or us)

                          ENHANCED DEATH BENEFIT RIDER

The Guaranteed Minimum Death Benefit (GMDB) provision in Section 9, Death
Proceeds, of the policy to which this Rider is attached, is replaced with the
following language:

The Guaranteed Minimum Death Benefit is an Annual Step-Up to age |81] Death
Benefit. The amount of this GMDB is equal to:

          a)   the step-up value as described below; plus
          b)   any Premium Payments subsequent to the previous determination
               point; minus
          c)   any Adjusted Partial Withdrawals subsequent to the previous
               determination point.

On the Policy Date, the step-up value is the Policy Value. On each Policy
Anniversary (referred to as the determination points) prior to the earlier of
the date of death of the Annuitant or the Annuitant's [81st] birthday, a
comparison is made between (a) and (b), where (a) is the Policy Value at this
point in time and (b) is the previous step-up value, plus Premium Payments minus
Adjusted Partial Withdrawals (as described below) made since the previous
determination point. The larger of (a) and (b) becomes the new step-up value.
This step-up process stops at the earlier of the date of death of the Annuitant
or the Annuitant's [81st] birthday. The then current step-up value becomes the
final step-up value.

A partial withdrawal as provided in Section 5 will reduce the Guaranteed Minimum
Death Benefit by an amount referred to as the "Adjusted Partial Withdrawal". The
Adjusted Partial Withdrawal may be a different amount than the Gross Partial
Withdrawal described in Section 5. If at the time of the partial withdrawal, the
Policy Value is greater than or equal to the Death Proceeds, the Adjusted
Partial Withdrawal will equal the Gross Partial Withdrawal. If at the time of
the partial withdrawal, the Policy Value is less than the Death Proceeds, the
Adjusted Partial Withdrawal will be greater than the Gross Partial Withdrawal.

The Adjusted Partial Withdrawal formula is APW = GPW multiplied by DP divided by
PV, where:

APW  = Adjusted Partial Withdrawal
GPW  = Gross Partial Withdrawal
DP   = Death Proceeds prior to the Withdrawal = greatest of (PV, CV, or GMDB)
PV   = Policy Value prior to the Withdrawal
GMDB = Guaranteed Minimum Death Benefit prior to the Withdrawal
CV   = Cash Value prior to the Withdrawal

This Rider is effective on the Policy Date and can only be terminated when the
policy to which this rider is attached terminates. This rider is subject to all
the terms and conditions of the policy not inconsistent herewith.

                        Signed for us at our home office.

             /s/ Illegible                             /s/ Illegible
       -----------------------                   -----------------------
               SECRETARY                                PRESIDENT

RGMD 5 0103<PAGE>

                                 EXHIBIT (10)(b)

                         OPINION AND CONSENT OF ACTUARY

<PAGE>

                [Transamerica Life Insurance Company Letterhead]

September 2, 2003

Transamerica Life Insurance Company
4333 Edgewood Road NE
Cedar Rapids, Iowa 52499-0001

Re: Flexible Premium Variable Annuity - B
    Separate Account VA Q
    Registration on Form N-4

Dear Sir/Madam:

With regard to the above registration statement, I have examined such documents
and made such inquiries as I have deemed necessary and appropriate, and on the
basis of such examination, have the following opinions:

Fees and charges deducted under the Flexible Premium Variable Annuity - B
policies are those deemed necessary to appropriately reflect:

(1)  the expenses incurred in the acquisition and distribution of the policies,

(2)  the expenses associated with the development and servicing of the policies,

(3)  the assumption of certain risks arising from the operation and management
     of the policies and/or riders to the policy and that provides for a
     reasonable margin of profit.

Fees and charges assessed against the policy values in the variable account
include:

(i)  Service Charge and Administrative Charge

(ii) Mortality and Expense Risk Fee (M&E)

(iii) Taxes (including premium and other taxes if applicable)

(iv) Any applicable rider fees or charges

<PAGE>

Transamerica Life Insurance Company
September 2, 2003
Page 2

The magnitude of each of the individual charges listed above in (i) through (iv)
is established in the pricing of the Flexible Premium Variable Annuity - B, to
achieve a reasonable Return on Investment (ROI), which is within the range of
industry practice with respect to comparable variable annuity products.

Except by coincidence, it is not expected that actual charges assessed in a
given year would exactly offset actual expenses incurred. Acquisition expenses
(as well as major product and/or systems development expenses) are incurred "up
front" and recovered, with a reasonable profit margin, through future years'
charges. In addition, the company cannot increase certain charges under the
policies in the pricing process.

Therefore, in my opinion, the fees and charges deducted under the policies, in
the aggregate, are reasonable in relation to the services rendered, the expenses
expected to be incurred, and the risks assumed by the company.

I hereby consent to the use of this opinion, which is included as an Exhibit to
the registration statement.

/s/ Gene Hauser
-------------------------------------
Gene Hauser
Associate Actuary
Transamerica Life Insurance CompanyClass A (2003-9) Terms Document dated October 24, 2003

 Exhibit 4.01 
  

  
 BANK ONE ISSUANCE TRUST

 as Issuer 
  
 CLASS A(2003-9) TERMS DOCUMENT 
 dated as
of October 24, 2003 
  
 to 
  
 ONESERIES INDENTURE SUPPLEMENT 
 dated as of May 1, 2002 
  
 to 
  
 INDENTURE 
  
 dated as of May 1, 2002 
  
 WELLS FARGO BANK
MINNESOTA, NATIONAL ASSOCIATION 
 as Indenture Trustee and Collateral Agent 
  

 THIS CLASS A(2003-9) TERMS DOCUMENT (this “Terms Document”), by and between BANK ONE
ISSUANCE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), having its principal office at c/o Wilmington Trust Company, 1100 North Market Street, Wilmington, Delaware 19890-1600, and WELLS
FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”) and collateral agent (the “Collateral Agent”), is made and entered into as of October 24, 2003.

  
 Pursuant to this Terms Document, the Issuer and the Indenture
Trustee shall create a new Tranche of ONEseries Class A Notes and shall specify the principal terms thereof. 
  
 ARTICLE I 
  
 Definitions and Other Provisions of General Application 
  
 Section 1.1 Definitions. For all purposes of this Terms Document, except as otherwise expressly provided or unless the context otherwise requires: 
  
 (1) the terms defined in this Article have the meanings assigned to them in this Article, and include the plural as well as
the singular; 
  
 (2) all other terms used herein which are
defined in the Indenture Supplement, the Indenture or the Asset Pool Supplement, either directly or by reference therein, have the meanings assigned to them therein; 
  
 (3) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with generally
accepted accounting principles and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder means such accounting principles as are
generally accepted in the United States of America at the date of such computation; 
  
 (4) all references in this Terms Document to designated “Articles,” “Sections” and other subdivisions are to the designated Articles, Sections and other subdivisions of this Terms Document as
originally executed; 
  
 (5) the words “herein,”
“hereof” and “hereunder” and other words of similar import refer to this Terms Document as a whole and not to any particular Article, Section or other subdivision; 

 (6) in the event that any term or provision contained herein shall conflict with or be inconsistent with
any term or provision contained in the Indenture Supplement, the Indenture or the Asset Pool Supplement, the terms and provisions of this Terms Document shall be controlling; 
  
 (7) each capitalized term defined herein shall relate only to the Class A(2003-9) Notes and no other Tranche of ONEseries
Notes issued by the Issuer; and 
  
 (8) “including” and
words of similar import will be deemed to be followed by “without limitation.” 
  
 “Asset Pool Supplement” means the Asset Pool One Supplement to the Indenture, dated as of May 1, 2002 among the Issuer, the Indenture Trustee and the Collateral Agent, as amended, supplemented,
restated or otherwise modified from time to time. 
  
 “Base Rate” has the meaning specified in the Indenture Supplement. 
  
 “BDL” means Banque de Luxembourg. 
  
 “Class A(2003-9) Adverse Event” means the occurrence of any of the following: (a) an Early Amortization Event with respect to the Class A(2003-9) Notes, (b) an Event of Default and acceleration of the
Class A(2003-9) Notes, (c) the Class A Usage of the Class B Required Subordinated Amount for the Class A(2003-9) Notes becomes greater than zero or (d) the Class A Usage of the Class C Required Subordinated Amount for the Class A(2003-9) Notes
becomes greater than zero. 
  
 “Class A(2003-9)
Note” means any Note, substantially in the form set forth in Exhibit A-1 to the Indenture Supplement, designated therein as a Class A(2003-9) Note and duly executed and authenticated in accordance with the Indenture. 
  
 “Class A(2003-9) Noteholder” means a Person in whose name a
Class A(2003-9) Note is registered in the Note Register. 
  
 “Class A(2003-9) Termination Date” means the earliest to occur of (a) the Principal Payment Date on which the Outstanding Dollar Principal Amount of the Class A(2003-9) Notes is paid in full, (b) the Legal Maturity Date and
(c) the date on which the Indenture is discharged and satisfied pursuant to Article V thereof. 
  
 “Class A Required Subordinated Amount of Class B Notes” is defined in Section 2.2(a). 
  

 2 

 “Class A Required Subordinated Amount of Class C Notes” is defined in Section 2.2(b).

  
 “Controlled Accumulation Amount” means
$54,166,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve months pursuant to Section 3.12(b)(ii) of the Indenture Supplement, the Controlled Accumulation Amount for any Note Transfer Date
with respect to the Class A(2003-9) Notes will be the amount specified in the definition of “Controlled Accumulation Amount” in the Indenture Supplement. 
  
 “Excess Spread Percentage” has the meaning specified in the Indenture Supplement. 
  
 “Indenture” means the Indenture, dated as of May 1, 2002,
between the Issuer and the Indenture Trustee, as the same may be amended, supplemented, restated or otherwise modified from time to time. 
  
 “Indenture Supplement” means the ONEseries Indenture Supplement, dated as of May 1, 2002, between the Issuer, the Indenture Trustee and
the Collateral Agent, as the same may be amended, supplemented, restated or otherwise modified from time to time. 
  
 “Initial Dollar Principal Amount” means $650,000,000. 
  
 “Interest Payment Date” means November 17, 2003 and the 15th day of each month thereafter, or if such 15th day is not a Business Day, the next succeeding Business Day. 
  
 “Interest Period” means, with respect to any Interest Payment Date, the period from and including the previous Interest Payment Date (or in the case of the initial Interest Payment Date, from and
including the Issuance Date) to but excluding such Interest Payment Date. 
  
 “Issuance Date” means October 24, 2003. 
  
 “Legal Maturity Date” means June 15, 2011. 
  
 “Note Interest Rate” means a rate per annum equal to 3.86%. 
  
 “Paying Agent” means Wells Fargo Bank Minnesota, National Association. 
  
 “Portfolio Yield” has the meaning specified in the Indenture Supplement. 
  
 “Predecessor Note” means, with respect to any particular
Note, every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purpose of this definition, any Note authenticated and delivered under Section 3.06 of the 
  

 3 

 Indenture in lieu of a mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the
mutilated, lost, destroyed or stolen Note. 
  
 “Record
Date” means, for any Note Transfer Date, the last Business Day of the preceding Monthly Period. 
  
 “Scheduled Principal Payment Date” means October 15, 2008 
  
 “Stated Principal Amount” means $650,000,000. 
  
 “Tranche” has the meaning specified in the Indenture. 
  
 Section 1.2 Governing Law. THIS TERMS DOCUMENT WILL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

  
 Section 1.3 Counterparts. This Terms Document may
be executed in any number of counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument. 
  
 Section 1.4 Ratification of Indenture and Indenture Supplement. As supplemented by this Terms Document, each of the
Indenture, the Asset Pool Supplement and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as so supplemented by the Asset Pool Supplement and the Indenture Supplement as so supplemented by this Terms Document
shall be read, taken and construed as one and the same instrument. 
  
 [END OF ARTICLE I] 
  

 4 

 ARTICLE II 
  
 The Class A(2003-9) Notes 
  
 Section 1.5 Creation and Designation. There is hereby created a Tranche of ONEseries Class A Notes to be issued pursuant to the Indenture and the
Indenture Supplement to be known as the “ONEseries Class A(2003-9) Notes.” 
  
 Section 1.6 Specification of Required Subordinated Amount and Other Terms. 
  
 (1) For the Class A(2003-9) Notes for any date of determination, the Class A Required Subordinated Amount of Class B Notes will be an amount equal to
8.47953% of (i) prior to the occurrence of a Class A(2003-9) Adverse Event, the Adjusted Outstanding Dollar Principal Amount of the Class A(2003-9) Notes on such date of determination or (ii) on and after the date on which a Class A(2003-9) Adverse
Event shall have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2003-9) Notes on such date of determination and (2) the Adjusted Outstanding Dollar Principal Amount of the Class A(2003-9) Notes as of the
close of business on the day immediately preceding the date on which such Class A(2003-9) Adverse Event shall have occurred. 
  
 (2) For the Class A(2003-9) Notes for any date of determination, the Class A Required Subordinated Amount of Class C Notes will be an amount equal to
8.47953% of (i) prior to the occurrence of a Class A(2003-9) Adverse Event, the Adjusted Outstanding Dollar Principal Amount of the Class A(2003-9) Notes on such date or (ii) on and after the date on which a Class A(2003-9) Adverse Event shall have
occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2003-9) Notes on such date of determination and (2) Adjusted Outstanding Dollar Principal Amount of the Class A(2003-9) Notes as of the close of business on
the day immediately preceding the date on which such Class A(2003-9) Adverse Event shall have occurred. 
  
 (3) The Issuer may change the percentages or the formulas set forth in either clause (a) or (b) above without the consent of any Noteholder so long as the
Issuer has (i) received written confirmation from each Note Rating Agency that has rated any Outstanding Class A(2003-9) Notes that the change in either of such percentages or formulas, as applicable, will not result in a Ratings Effect with respect
to any Outstanding Class A(2003-9) Notes and (ii) delivered to the Indenture Trustee and the Note Rating Agencies a Master Trust Tax Opinion and an Issuer Tax Opinion. 
  
 Section 1.7 Interest Payment. 
  
 (1) For each Interest Payment Date, the amount of interest due with respect to the Class A(2003-9) Notes shall be an amount
equal to one-twelfth the product of (i) the Note Interest Rate in effect with respect to the related Interest Period, times, (ii) the Outstanding Dollar 
  

 5 

 Principal Amount of the Class A(2003-9) Notes determined as of the close of business on the Interest Payment Date
preceding the related Note Transfer Date for the Class A(2003-9) Notes; provided, however, that for the first Interest Payment Date the amount of interest due with respect to the Class A(2003-9) Notes is $1,463,583.34. Interest on the
Class A(2003-9) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months. 
  
 (2) Pursuant to Section 3.03 of the Indenture Supplement, on each Note Transfer Date with respect to the Class A(2003-9) Notes, the Indenture Trustee
shall deposit into the Class A(2003-9) Interest Funding Sub-Account the portion of ONEseries Available Finance Charge Collections allocable to the Class A(2003-9) Notes. 
  
 Section 1.8 [Reserved] 
  
 Section 1.9 Payments of Interest and Principal. 
  
 (1) Any installment of interest or principal payable on any Class A(2003-9) Note which is punctually paid or duly provided for by the Issuer and the
Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Class A(2003-9) Note (or one or more Predecessor Notes) is registered on the Record Date, by wire
transfer of immediately available funds to such Person’s account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of
payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person’s address as it appears on the Note Register on such Record Date, except that with respect to Notes registered on the Record Date
in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee. 
  

(2) The right of the Class A(2003-9) Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Class
A(2003-9) Termination Date. 
  
 Section 1.10 Form of Delivery
of Class A(2003-9) Notes; Depository; Denominations. 
  
 (1)
The Class A(2003-9) Notes shall be delivered in the form of a global Registered Note as provided in Sections 2.02 and 3.01(i) of the Indenture, respectively. 
  
 (2) The Depository for the Class A(2003-9) Notes shall be The Depository Trust Company, and the Class A(2003-9) Notes shall initially be registered in the
name of Cede & Co., its nominee. 
  
 (3) The Class A(2003-9)
Notes will be issued in minimum denominations of $1,000 and integral multiples of that amount. 
  

 6 

 Section 1.11 Delivery and Payment for the Class A(2003-9) Notes. The Issuer shall execute and
deliver the Class A(2003-9) Notes to the Indenture Trustee for authentication, and the Indenture Trustee shall deliver the Class A(2003-9) Notes when authenticated, each in accordance with Section 3.03 of the Indenture. 
  
 Section 1.12 Supplemental Indenture. The Issuer may enter into a
supplemental indenture with respect to the Class A(2003-9) Notes as provided in Section 9.01 of the Indenture, provided, however, that any supplemental indenture which provides for an additional or alternative form of credit
enhancement for the Class A(2003-9) Notes shall, in addition to the requirements set forth in Section 9.01 of the Indenture, require confirmation from the Note Rating Agencies that have rated any Outstanding Notes of the ONEseries that such change
in credit enhancement will not result in a Ratings Effect with respect to any Outstanding Notes of the ONEseries. 
  
 Section 1.13 Appointment of co-Paying Agent and co-Transfer Agent. BDL is appointed as co-paying agent and as co-transfer agent in Luxembourg with
respect to the Class A(2003-9) Notes for so long as the Class A(2003-9) Notes are listed on the Luxembourg Stock Exchange. Any reference in this Terms Document, the Indenture Supplement, the Asset Pool Supplement and the Indenture to the Paying
Agent or the Transfer Agent shall be deemed to include BDL as co-paying agent or co-transfer agent, as the case may be, unless the context requires otherwise. 
  

[END OF ARTICLE II] 
  

 7 

 IN WITNESS WHEREOF, the parties hereto have caused this Terms Document to be duly executed, all as of the
day and year first above written. 
  
 BANK ONE
ISSUANCE TRUST 
  
 By:    BANK ONE, DELAWARE, NATIONAL ASSOCIATION, 
           as Beneficiary and not in its individual capacity 
  
 By:    /s/    STEPHEN R.
ETHERINGTON                         
             Name:  Stephen R. Etherington 
             Title:    Senior Vice President 

 
 WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as
Indenture Trustee and Collateral Agent 
  
 By:    /s/    JENNIFER C.
DAVIS                                      
   
             Name:  Jennifer C. Davis 
             Title:    Assistant Vice President 

 TABLE OF CONTENTS 
  

			
	 	  	 	  	PAGE

			
	 	  	 ARTICLE I    Definitions and Other Provisions of General
Application
	  	 
			
	Section 1.1	  	 Definitions
	  	1
			
	Section 1.2	  	 Governing Law
	  	4
			
	Section 1.3	  	 Counterparts
	  	4
			
	Section 1.4	  	 Ratification of Indenture and Indenture Supplement
	  	4
			
	 	  	 ARTICLE II    The Class A(2003-9) Notes
	  	 
			
	Section 2.1	  	 Creation and Designation
	  	5
			
	Section 2.2	  	 Specification of Required Subordinated Amount and Other Terms
	  	5
			
	Section 2.3	  	 Interest Payment
	  	5
			
	Section 2.4	  	 Calculation Agent; Determination of LIBOR
	  	6
			
	Section 2.5	  	 Payments of Interest and Principal
	  	6
			
	Section 2.6	  	 Form of Delivery of Class A(2003-9) Notes; Depository; Denominations
	  	6
			
	Section 2.7	  	 Delivery and Payment for the Class A(2003-9) Notes
	  	7
			
	Section 2.8	  	 Supplemental Indenture
	  	7
			
	Section 2.9	  	 Appointment of co-Paying Agent and co-Transfer Agent
	  	7

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