Document:

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                                                                     EXHIBIT 4.7

ING USA ANNUITY AND LIFE INSURANCE COMPANY
909 LOCUST STREET, DES MOINES, IOWA 50309

                                                              [Original #1 of 2]

                                FUNDING AGREEMENT

CONTRACT NO.:              [RMTNxxx]

OWNER:                     [ING USA Global Funding Trust [xxxx-xx]]

STATE OF DELIVERY:         [Colorado]

EFFECTIVE DATE:            [Month/day/year]

INSERT THE FOLLOWING IF EXTENDIBLE NOTE SERIES

[INITIAL MATURITY DATE:]   [Month/day/year]

EXPIRATION DATE:           [Month/day/year]

DEPOSIT:                   [$xx,xxx,xxx.xx]

NET DEPOSIT:               [$xx,xxx,xxx.xx]

ING USA Annuity and Life Insurance Company ("Insurance Company") agrees in
consideration of its receipt of the Net Deposit, and subject to the conditions
and provisions of this Contract, to pay the Contract Payments specified herein.

The conditions and provisions set out on the attached pages form a part of this
Contract as fully as if stated over the signatures below.

Entered into as of the Effective Date.

[ING USA GLOBAL FUNDING TRUST [xxxx-xx]]   ING USA ANNUITY AND LIFE INSURANCE
                                           COMPANY

By [U.S. Bank National Association], not
in its individual capacity but solely as
Trustee of [ING USA Global Funding Trust
[xxxx-xx]]

By:                                        [SIGNATURE BLOCK]
    ------------------------------------
Name:
      ----------------------------------
Title:
       ---------------------------------

THIS CONTRACT IS ISSUED FROM THE INSURANCE COMPANY'S GENERAL ACCOUNT. THIS
CONTRACT PROVIDES FOR THE PAYMENT OF CERTAIN AMOUNTS TO THE OWNER AS PROVIDED
HEREIN. EARLY CONTRACT TERMINATIONS MAY OCCUR ONLY AS EXPRESSLY PROVIDED HEREIN,
AND TRANSFERS AND SALES OF THIS CONTRACT OR ANY INTEREST HEREUNDER ARE SUBJECT
TO THE RESTRICTIONS SET FORTH HEREIN. (INSERT THE FOLLOWING IF EXTENDIBLE NOTE
SERIES) [THE INITIAL MATURITY DATE MAY BE EXTENDED AS DESCRIBED HEREIN UP TO,
BUT NOT BEYOND, THE EXPIRATION DATE.]

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                                    ARTICLE I

                                   DEFINITIONS

1.1  "Additional Amounts" shall have the meaning provided in Section 3.6(i).

1.2  "Amortized Amount" shall have the meaning set forth in Schedule A.

1.3  "Assignment" means that certain Assignment of Funding Agreement duly
     executed by the Trust, the Indenture Trustee, the Insurance Company and the
     custodian of this Contract, effecting the Collateral Assignment.

1.4  "Beneficial Note Owner" means a holder or beneficial owner of any Note or
     Notes.

1.5  "Business Day" means any day, other than a Saturday or Sunday, that is
     neither a legal holiday nor a day on which commercial banks are authorized
     or required by law, regulation or executive order to close in the City of
     New York [and any day as specified in Schedule A].

1.6  "Business Day Convention" means a convention for adjusting any date if it
     would otherwise fall on a day that is not a Business Day. The Business Day
     Convention for purposes of this Contract shall be as specified in Schedule
     A and defined herein.

     (i)  Following Business Day Convention means that, if a relevant payment
          date is not a Business Day, such date shall be postponed to the first
          following day that is a Business Day.

     (ii) Modified Following Business Day Convention means that, if a relevant
          payment date is not a Business Day, such date shall be postponed to
          the first following day that is a Business Day unless that day falls
          in the next calendar month, in which case that date will be the first
          preceding day that is a Business Day.

     (iii) Preceding Business Day Convention means that, if a relevant payment
          date that is not a Business Day, such date shall be brought forward to
          the first preceding day that is a Business Day.

     (iv) FRN Convention or Eurodollar Convention means, for each relevant
          payment date that is not a Business Day, such date shall be postponed
          to the date which numerically corresponds to the preceding relevant
          payment date in the calendar month which is the Month Count after the
          calendar month in which the preceding relevant date occurred, provided
          that:

          (a)  if there is no such numerically corresponding day in the calendar
               month in which any relevant payment date should occur, then the
               date will be the last day which is a Business Day in that
               calendar month;

          (b)  if the date would otherwise fall on a day which is not a Business
               Day, then such date will be the first following day which is a
               Business Day unless that day falls in the next calendar month, in
               which case it will be the first preceding day which is a Business
               Day; and

          (c)  if the preceding relevant payment date occurred on the last day
               in a calendar month which was a Business Day, then all subsequent
               such dates will be the last day which

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               is a Business Day in the calendar month which is the specified
               number of months after the calendar month in which the preceding
               relevant payment date occurred.

1.7  "Collateral Assignment" means a collateral assignment of the rights and
     interests in this Contract by the Trust to the Indenture Trustee.

1.8  "Code" means the Internal Revenue Code of 1986, as amended.

1.9  "Contract" means this Funding Agreement, including Schedule A attached
     hereto.

1.10 "Contract Payments" means all payments of Deposit and/or Interest and/or
     Additional Amounts, if any, to be made to the Owner pursuant to the terms
     of this Contract, including, without limitation, any payments made to the
     Owner in connection with any Repayment Date.

1.11 "Currency" means the lawful money of the United States of America ("U.S.
     Dollars") or such other currency that may be specified in Schedule A.

1.12 "Day Count Convention" means, in respect of the calculation of an amount of
     Interest for any Interest Period, the Day Count Convention specified for
     purposes of this Contract in Schedule A and defined herein.

     (i)  Actual/365 or Actual/Actual means the actual number of days in the
          Interest Period divided by 365 (or, if any portion of the Interest
          Period falls in a leap year, the sum of (A) the actual number of days
          in that portion of the Interest Period falling in a leap year divided
          by 366 and (B) the actual number of days in that portion of the
          Interest Period falling in a non-leap year divided by 365).

     (ii) Actual/365 (FIXED) means the actual number of days in the Interest
          Period divided by 365.

     (iii) Actual/360 means the actual number of days in the Interest Period
          divided by 360.

     (iv) 30/360 means the number of days in the Interest Period divided by 360
          (the number of days to be calculated on the basis of a year of 360
          days with twelve 30-day months (unless (i) the last day of the
          Interest Period is the 31st day of a month and the first day of the
          Interest Period is a day other than the 30th or 31st day of a month,
          in which case the month that includes that last day shall not be
          considered to be shortened to a 30-day month, or (ii) the last day of
          the Interest Period is the last day of the month of February, in which
          case the month of February shall not be considered to be lengthened to
          a 30-day month)).

1.13 "Deposit" means the principal amount which is scheduled to be paid by the
     Insurance Company to the Owner on the Expiration Date or such earlier date
     this Contract is terminated, subject to (INSERT THE FOLLOWING IF EXTENDIBLE
     NOTE SERIES) [any scheduled payment of all or a portion thereof as provided
     in Section 3.7(ii) and] any pre-payment of such amount prior to the
     Expiration Date and to adjustment of such principal amount pursuant to
     Section 3.1(ii).

1.14 "Effective Date" means the date on which the rights and obligations of the
     Owner and the Insurance Company take effect. The Effective Date for this
     Contract is as stated on Page 1.

1.15 "Event of Default" means the occurrence of one or any combination of the
     following:

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     (i)  Any payment of Interest, premium (if applicable) (INSERT THE FOLLOWING
          FOR A DISCOUNT FA) [, Amortized Amount] or Additional Amount (if any)
          under this Contract has not been paid within [seven (7)] Business Days
          of the date such payment is due and payable.

     (ii) Any payment of the Deposit under this Contract has not been paid
          within [one (1)] Business Day of the date such payment is due and
          payable.

     (iii) (a) A court having jurisdiction in the premises has entered a decree
          or order for relief in respect of the Insurance Company in an
          involuntary case under any applicable bankruptcy, insolvency or other
          similar law now or hereafter in effect of the United States of America
          or any other applicable jurisdiction, which decree or order is not
          stayed; or any other similar relief has been granted under any
          applicable law; or (b) an insolvency case has been commenced against
          the Insurance Company under any applicable bankruptcy, insolvency or
          other similar law now or hereafter in effect of the United States of
          America or any other applicable jurisdiction; or a decree or order of
          a court having jurisdiction in the premises for the appointment of a
          receiver, liquidator, sequestrator, trustee, custodian or other
          officer having similar powers over the Insurance Company, or over all
          or a substantial part of its property, has been entered; or there has
          occurred the involuntary appointment of an interim receiver, trustee
          or other custodian of the Insurance Company for all or a substantial
          part of its property; or a court having jurisdiction in the premises
          has entered a decree or order declaring the dissolution of the
          Insurance Company; or a warrant of attachment, execution or similar
          process has been issued against any substantial part of the property
          of the Insurance Company and any such event described in this clause
          (iii) has not been dismissed within [sixty (60)] days.

     (iv) (a) The Insurance Company has an order for relief entered with respect
          to it or commences a voluntary case under any applicable bankruptcy,
          insolvency or other similar law now or hereafter in effect of the
          United States of America or any other applicable jurisdiction, or
          consents to the entry of an order for relief in an involuntary case,
          or to the conversion of an involuntary case to a voluntary case, under
          any such law, or consents to the appointment of or taking possession
          by a receiver, trustee or other custodian for all or a substantial
          part of its property; or the Insurance Company makes any assignment
          for the benefit of creditors; or (b) the Insurance Company fails or is
          unable, or the Insurance Company admits in writing its inability, to
          pay its debts as such debts become due; or the Board of Directors of
          the Insurance Company adopts any resolution or otherwise authorizes
          any action to approve or for the purpose of effecting any of the
          actions referred to in this clause (iv).

1.16 "Expiration Date" means the date specified on Page 1, which is the date on
     which this Contract is scheduled to terminate[ or, if such day is not a
     Business Day, the immediately preceding Business Day].

1.17 "Fixed Rate Note" means any Note that bears interest at a fixed rate.

1.18 "Floating Rate Note" means any Note that bears interest at a floating rate.

1.19 "Guaranteed Fund" means the book value account established by the Insurance
     Company in its accounting records for this Contract. The Guaranteed Fund
     reflects credit and debit transactions under this Contract as provided in
     Section 2.1.

1.20 "Indenture Trustee" means the indenture trustee for the Notes.

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1.21 "Insurance Company" means ING USA Annuity and Life Insurance Company.

1.22 "Interest" means the earnings, if any, for this Contract calculated and
     accrued pursuant to Article II.

1.23 "Interest Rate" means the rate(s) specified in Schedule A, or determined in
     accordance with the provisions therein, at which Interest is to be earned
     under this Contract; provided, however, that if this Contract is
     non-interest bearing the Interest Rate shall equal "0.00%".

1.24 "IRS" means the Internal Revenue Service.

1.25 "Maturity Date" means the earlier to occur of (i) the Expiration Date, (ii)
     the date on which the balance of the Deposit remaining in the Guaranteed
     Fund and any other amounts due and owing under this Contract are paid to
     the Owner, or (iii) such other date on which this Contract is terminated in
     its entirety in accordance with the provisions of Article IV.

1.26 "Month Count" means the number of months specified in Schedule A.

1.27 "Net Deposit" means the Net Deposit amount set out on Page 1.

1.28 "Note" means any note of indebtedness issued by the Trust and secured by
     this Contract.

1.29 "Owner" means the Owner designated on Page 1 as the Owner of this Contract
     on the Effective Date, or such other party to whom this Contract is later
     transferred or collaterally assigned in accordance with the provisions in
     Article V.

1.30 "Principal Financial Centers" means the financial center(s) specified in
     Schedule A.

1.31 "Repayment Date" means the date(s) specified in Schedule A for repayment to
     the Owner of part or all of the Deposit as set forth therein[, as the same
     may be adjusted in accordance with the Business Day Convention].

1.32 "Securities Act" means the Securities Act of 1933, as amended.

1.33 "Specifications" means the terms specific to and that shall govern this
     Contract, as listed on Schedule A.

1.34 "Taxes" means any present or future taxes, duties, levies, assessments, or
     other governmental charges of whatever nature imposed or levied by or on
     behalf of any governmental authority in the United States having power to
     tax.

1.35 "Trust" means [ING USA Global Funding Trust [xxxx-xx]].

1.36 "Trust Tax Event" means that the Insurance Company has received an opinion
     of independent legal counsel stating in effect that as a result of (a) any
     amendment to, or change (including any announced prospective change) in,
     the laws (or any regulations thereunder) of the United States or any
     political subdivision or taxing authority thereof or therein or (b) any
     amendment to, or change in, an interpretation or application of any such
     laws or regulations by any governmental authority in the United States,
     which amendment or change is enacted, promulgated, issued or announced on
     or after the Effective Date of this Contract, there is more than an
     insubstantial risk that (i) the Trust is, or will

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     be within [90 days] of the date thereof, subject to United States federal
     income tax with respect to Interest accrued or received pursuant to this
     Contract or (ii) the Trust is, or will be within [90 days] of the date
     thereof, subject to more than a de minimis amount of taxes, duties or other
     governmental charges.

1.37 "Withholding Tax Event" means that (a) the Insurance Company has received
     an opinion of independent legal counsel stating in effect that as a result
     of (i) any amendment to, or change (including any announced prospective
     change) in, the laws (or any regulations thereunder) of the United States
     or any political subdivision or taxing authority thereof or therein or (ii)
     any amendment to, or change in, an interpretation or application of any
     such laws or regulations by any governmental authority in the United
     States, which amendment or change is enacted, promulgated, issued or
     announced on or after the Effective Date of this Contract, a material
     probability exists that the Insurance Company will be required to pay
     additional amounts to the Trust to reflect any required withholding or
     deduction under this Contract, or (b) as a result of (i) any amendment to,
     or change (including any announced prospective change) in, the laws (or any
     regulations thereunder) of the United States or any political subdivision
     or taxing authority thereof or therein or (ii) any amendment to, or change
     in, an interpretation or application of any such laws or regulations by any
     governmental authority in the United States, which amendment or change is
     enacted, promulgated, issued or announced on or after the Effective Date of
     this Contract, the Insurance Company is required to pay additional amounts
     to the Trust to reflect any required withholding or deduction under this
     Contract.

Capitalized terms used herein but not otherwise defined shall have the meaning
set forth in Schedule A hereto.

                                   ARTICLE II

                        ESTABLISHMENT AND MAINTENANCE OF
                                 GUARANTEED FUND

2.1  Establishment of Guaranteed Fund

INSERT IF INTEREST BEARING CONTRACT

     [Provided the Net Deposit is received by the Insurance Company on the
     Effective Date, the Insurance Company shall establish the Guaranteed Fund
     as of such date. Upon receipt of the Net Deposit, an amount equal to the
     Deposit shall be credited to the Guaranteed Fund. Interest shall be
     credited to the Guaranteed Fund on the date such Interest is earned in
     accordance with Schedule A. Each Contract Payment shall be deducted from
     the Guaranteed Fund on the date it is paid. Unless otherwise specified in
     Schedule A, the balance of the Guaranteed Fund at any given time shall
     equal the Deposit less the amount of any adjustments to the principal
     amount of the Deposit pursuant to Section 3.1(ii), plus Interest earned and
     credited thereon, less Contract Payments made, if any, other than pursuant
     to Section 3.1(ii).]

INSERT IF NON-INTEREST BEARING CONTRACT

     [Provided the Net Deposit is received by the Insurance Company on the
     Effective Date, the Insurance Company shall establish the Guaranteed Fund
     as of such date. Upon receipt of the Net Deposit, an amount equal to the
     Deposit shall be credited to the Guaranteed Fund. The Amortized Amount
     shall be determined in accordance with Schedule A. Each Contract Payment
     shall be deducted from the Guaranteed Fund on the date it is paid. Unless
     otherwise specified in Schedule A, the balance of the Guaranteed Fund at
     any given time shall equal the Deposit less the amount of any adjustments
     to the

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     principal amount of the Deposit pursuant to Section 3.1(ii) plus the
     Amortized Amount less Contract Payments made, if any, other than pursuant
     to Section 3.1(ii).]

                                   ARTICLE III

                              PROCEDURE FOR PAYOUT

3.1  Contract Payments

     (i)  Contract Payments shall be paid to the Owner on the Interest Payment
          Dates, if any, and the Repayment Dates. All monies payable to or by
          the Insurance Company under this Contract shall be made via wire
          transfer in immediately available funds or other mutually agreed upon
          method in the Currency. (INSERT IF INTEREST BEARING CONTRACT) [The
          amount of the Contract Payment for an Interest Payment Date shall
          include accrued but previously unpaid Interest plus any Additional
          Amounts which may be due and owing at such time. If an Interest
          Payment Date is also a Repayment Date, the Contract Payment will
          include the portion of the Deposit scheduled to be repaid on such date
          plus Interest accrued but not previously paid in accordance with
          Schedule A. If a Repayment Date is not also an Interest Payment Date,
          the Contract Payment will include the portion of the Deposit scheduled
          to be repaid on such date plus any Additional Amounts which may be due
          and owing at such time, but will not include any accrued but
          previously unpaid Interest; provided, however, that if on the
          Repayment Date, a percentage of the balance of the Guaranteed Fund is
          specified in Schedule A to be paid to the Owner, then such payment
          will include a pro rata portion of Interest and the Deposit.] If [an
          Interest Payment Date and/or] a Repayment Date is also the Maturity
          Date, the Contract Payment will equal (a) the balance of the
          Guaranteed Fund on that date, plus (b) Additional Amounts which may be
          due and owing at that time, if any. Concurrent with the Insurance
          Company making such Contract Payment on the Maturity Date, all rights
          and obligations under this Contract shall terminate.

     (ii) In addition to the scheduled payments set forth in Section 3.1(i)
          (INSERT THE FOLLOWING IF AN EXTENDIBLE NOTE SERIES) [and Section 3.7],
          in the event that the Trust purchases some or all of the Notes in the
          open market (or otherwise) with the prior written consent of the
          Insurance Company as to both the making of such purchase and the
          purchase price to be paid for such Notes (such right of consent to be
          exercised in the Insurance Company's sole discretion), a Contract
          Payment equal to such portion (or the entirety) of the current balance
          of the Deposit in the Guaranteed Fund as may be necessary to fund the
          purchase of such Notes shall be paid to or at the direction of the
          Trust on such date or dates to which the Trust and the Insurance
          Company may agree. [If the purchase price for the Notes the Trust is
          purchasing includes a premium above the outstanding principal of such
          Notes, the Insurance Company will also pay to the Trust an additional
          amount equal to such excess.] Upon such payment, the balance of the
          Deposit shall be reduced (a) with respect to any purchase of Fixed
          Rate Notes or Floating Rate Notes by the Trust, by an amount equal to
          the aggregate principal amount of the Notes as purchased (or the
          portion thereof applicable to this Contract), and (b) with respect to
          any purchase of Notes other than Fixed Rate Notes or Floating Rate
          Notes by the Trust, by an amount to be agreed between the Trust and
          the Insurance Company to reflect such Contract Payment under this
          Contract.

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     (iii) If a Contract Payment is not made as scheduled due to the closure,
          for any reason, of the wire transfer system(s) or financial market(s)
          in one or more Principal Financial Centers, that Contract Payment
          shall be paid on the first Business Day thereafter that the relevant
          systems and markets are open. In the event a Contract Payment is so
          delayed, the total dollar amount of the delayed Contract Payment when
          paid shall [be increased to include Interest earned and credited on
          the delayed Contract Payment amount at the then existing Interest Rate
          from the date such payment was scheduled to be made up to, but not
          including, the date the delayed Contract Payment is made. Contract
          Payments scheduled to be made subsequent to the delayed Contract
          Payment shall remain unchanged by the delay.] OR [remain unchanged and
          shall include only such amounts of Interest and Deposit as were
          originally included in that payment, with subsequent scheduled
          Contract Payments also unchanged by the delay.]

     (iv) Notwithstanding any provision in this Contract which may be to the
          contrary, no adjustments will be made to amounts owed hereunder if a
          Contract Payment is delayed as a result of the Owner's failure to
          provide complete and accurate wire transfer instructions to the
          Insurance Company.

     (V)  [Contract Payments will be computed on a book value basis (INSERT IF
          INTEREST BEARING CONTRACT) [(i.e. deposits to this Contract, plus
          accrued Interest, less previous Contract Payments, if any),] OR
          (INSERT IF NON-INTEREST BEARING CONTRACT) [(i.e. Net Deposit to this
          Contract, plus accrued Amortized Amounts, less previous Contract
          Payments, if any),] without adjustment for investment gain or loss.]

     (vi) Unless a different Business Day Convention is specified in Schedule A
          with regard to certain Contract Payments, all Contract Payments shall
          be subject to the Business Day Convention specified in Section I of
          Schedule A.

3.2  Optional Redemptions or Repayments

     If so specified in Schedule A and subject to any restrictions provided
     therein, the Insurance Company shall pay to the Owner one or more Contract
     Payments in an amount sufficient to redeem or repay the Notes backed by
     this Contract, pursuant to any limited right of redemption or repayment
     contained in such Notes. The Insurance Company may require reasonable
     evidence that the redemption or payment request satisfies all of the terms
     and conditions described in the prospectus, prospectus supplement and/or
     pricing supplement applicable to such Note(s).

3.3  Contract Pre-Payments

     [Except as otherwise provided herein and as may be specified in Schedule A,
     there shall be no pre-payments or other unscheduled withdrawals of funds
     under this Contract.]

3.4  Surrender Value

     This Contract may not be surrendered nor will any funds be paid to the
     Owner under this Contract except in accordance with the terms hereof.

3.5  No Loans

     The Insurance Company will not make any loans on the security of this
     Contract.

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3.6  Additional Amounts

     (i)  All payments due to be made by the Insurance Company to the Owner
          under the terms of this Contract will be made without any withholding
          or deduction for or on account of any Taxes unless the Insurance
          Company has specified in Schedule A that they have agreed to pay
          Additional Amounts or such withholding or deduction is required by
          law. Subject to Section 4.3, if such withholding or deduction is
          required by law and the Insurance Company has specified in Schedule A
          that they have agreed to pay Additional Amounts, the Insurance Company
          will pay such Additional Amounts as may be required so that the amount
          received by the Trust or a Beneficial Note Owner under its Note(s), as
          applicable (net of any such withholding or deduction under this
          Contract or any Note(s)), will equal the amount that would have been
          paid under this Contract or under any such Note(s), as the case may
          be, had no such deduction or withholding been required.

     (ii) Notwithstanding anything herein to the contrary, the Insurance Company
          shall not be required to make any payment of any Additional Amounts in
          accordance with Section 3.6(i) for or on account of:

          (a)  any Taxes imposed which would not have been imposed but for the
               existence of (1) any present or former connection between the
               Trust or a Beneficial Note Owner and the United States,
               including, without limitation, being or having been a citizen or
               resident thereof, or being or having been present therein or
               engaged in a trade or business therein, or (2) the Trust's or
               such Beneficial Note Owner's status as incorporated therein, or
               having or having had a permanent establishment therein, or being
               or having been a controlled foreign corporation, a personal
               holding company, a passive foreign investment company, a
               corporation that has accumulated earnings to avoid United States
               federal income tax or a private foundation or other tax-exempt
               organization, or being or having been an actual or constructive
               owner of 10% or more of the total combined voting power of all
               shares of the Insurance Company;

          (b)  any Taxes imposed which would not have been imposed but for the
               presentation by the Trust of this Contract or by a Beneficial
               Note Owner of any related Note(s) to the Trust (where
               presentation is required) for payment on a date more than 30 days
               after the date on which such payment becomes due and payable or
               the date on which payment is duly provided for, whichever occurs
               later, except to the extent the Trust or the Beneficial Note
               Owner would have been entitled to Additional Amounts had this
               Contract or the Note(s), as the case may be, been presented on
               the last day of such period of [30 days];

          (c)  any Taxes which are imposed or withheld solely by reasons of the
               failure of the Trust or a Beneficial Note Owner to comply with
               certification, identification or information reporting
               requirements concerning the nationality, residence, identity or
               connection with the United States of the Trust or Beneficial Note
               Owner, if compliance is required by statute, by regulation of the
               United States Treasury Department, by judicial or administrative
               interpretation of such statute or regulation or by an applicable
               income tax treaty to which the United States is a party as a
               precondition to exemption from such Taxes;

          (d)  any inheritance, gift, estate, personal property, sales or
               transfer Taxes;

                                     Page 9
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          (e)  any Taxes that are payable otherwise than by withholding from
               payments in respect of this Contract or the related Notes;

          (f)  any Taxes which are imposed by reason of the Trust or a
               Beneficial Note Owner being or having been a bank for United
               States federal income tax purposes whose receipt of interest on
               the Notes is described in section 881(c)(3)(A) of the Code;

          (g)  any Taxes imposed by reason of payments on this Contract or the
               related Notes being treated as contingent interest described in
               section 871(h)(4) of the Code;

          (h)  any Taxes that would not have been imposed but for an election by
               the Trust or a Beneficial Note Owner the effect of which is to
               make payment in respect of the Notes subject to United States
               federal income tax;

          (i)  any tax, duty, levy, assessment or governmental charge of any
               taxing authority other than the United States, any political
               subdivision thereof or any authority or agency therein or thereof
               having the power to tax; or

          (j)  any combination of items (a), (b), (c), (d), (e), (f), (g), (h)
               and (i) above.

3.7  (INSERT THE FOLLOWING IF AN EXTENDIBLE NOTE SERIES) [Extension of Initial
     Maturity Date

     (i)  Subject to the following conditions, the Owner may elect, on an
          Election Date specified in Schedule A, to extend the Initial Maturity
          Date of this Contract with respect to all or a portion of the Deposit,
          to the date occurring [366 calendar days from and including the [day]
          of the month immediately] following such Election Date. Such extended
          Initial Maturity Date shall be a Repayment Date and the Contract
          Payment made on such Repayment Date will equal the applicable Deposit
          amount plus all accrued, but previously unpaid, Interest thereon plus
          Additional Amounts, if any.

          (a)  The Owner must deliver to the Insurance Company an election
               notice during the notice period for the applicable Election Date.
               The notice period for each Election Date will begin on the [10th]
               Business Day prior to the Election Date and end on that Election
               Date; provided, however, that if the Election Date is not a
               Business Day, the notice period will be extended to the next day
               that is a Business Day. The Owner's election notice must be
               delivered to the Insurance Company no later than [6:00 p.m.], New
               York City time, on the last Business Day in the notice period.

          (b)  The Initial Maturity Date may be extended with respect to all or
               any portion of the Deposit equal to [$1,000] and integral
               multiples of [$1,000] in excess thereof.

          (c)  Upon delivery to the Insurance Company of an election notice to
               extend the Initial Maturity Date, that election will be revocable
               during each day of such notice period, until [6:00 p.m.], New
               York City time, on the last Business Day in such notice period,
               at which time such election notice will become irrevocable.

     (ii) If, on an Election Date, the Owner does not notify the Insurance
          Company as provided in Section 3.7(i) that it is electing to extend
          the Initial Maturity Date or notifies the Insurance Company that it is
          extending the Initial Maturity Date with respect to only a portion of
          the Deposit, such portion of the Deposit for which the Initial
          Maturity Date has not been extended

                                    Page 10
<PAGE>
          will become due and payable on the applicable Repayment Date.]

                                   ARTICLE IV

                                  TERMINATIONS

4.1  Termination Prior to the Expiration Date

     This Contract may be terminated prior to the Expiration Date only as
     provided in this Article IV and as may be provided in Schedule A. In the
     event such termination occurs, the balance in the Guaranteed Fund plus
     Additional Amounts that may be due and owing as of the date of such
     termination, if any, shall become immediately due and payable to the Owner.
     All rights and obligations under this Contract will terminate concurrently
     with the payment of such amounts to the Owner.

4.2  Termination for Default Event

     (i)  This Contract will terminate automatically if an Event of Default
          specified in Section 1.15(iii) or 1.15(iv) occurs.

     (ii) Upon the occurrence of an Event of Default specified in Section
          1.15(i) or 1.15(ii), the Owner shall have the right to terminate this
          Contract by giving prior written notice to the Insurance Company.

4.3  Termination for Withholding Tax Event

     Upon the occurrence of a Withholding Tax Event, the Insurance Company may
     terminate this Contract by giving not less than [thirty (30)] days and no
     more than [sixty (60)] days prior written notice to the Owner.

4.4  Termination for Trust Tax Event

     Upon the occurrence of a Trust Tax Event, the Insurance Company may
     terminate this Contract by giving not less than [thirty-five (35)] days and
     no more than [sixty (60)] days prior written notice to the Owner.

4.5  Termination Prior to the Expiration Date upon Pre-Payment

     This Contract will terminate automatically upon the Insurance Company
     making a Contract Payment to the Owner prior to the Expiration Date in
     accordance with Section 3.1(ii), (INSERT THE FOLLOWING IF AN EXTENDIBLE
     NOTE SERIES) [ Section 3.7(ii) or] any optional redemption or pre-payment
     provisions set forth in Schedule A or on any Repayment Date, if such
     Contract Payment is equal to the balance of the Guaranteed Fund as of such
     date, plus Additional Amounts, if any, that may be due and owing at that
     time.

4.6  Termination on Expiration Date

     Unless terminated prior to the Expiration Date as provided above, this
     Contract will terminate automatically on the Expiration Date concurrently
     with the Insurance Company making a Contract Payment to the Owner equal to
     the balance of the Guaranteed Fund as of the Expiration Date, plus

                                    Page 11
<PAGE>
     Additional Amounts, if any, that may be due and owing as of the Expiration
     Date. All rights and obligations under this Contract will terminate upon
     the Insurance Company's payment in full of that Contract Payment.

                                    ARTICLE V

                                  MISCELLANEOUS

5.1  Entire Contract

     (i)  This Contract, including Schedule A, any rider, endorsement, exhibit,
          or amendment that may be attached hereto, constitutes the final and
          entire agreement between the Insurance Company and the Owner. There
          are no promises or obligations other than those contained herein.

     (ii) The Insurance Company may issue this Contract as duplicate originals.
          Originals so issued shall constitute the same contract and the
          Insurance Company's obligations shall not be increased or expanded
          because of the issuance of the duplicate originals.

5.2  Assignments and Transfers

     This Contract and any right, title or interest in, to or under this
     Contract (including, without limitation, any right to receive payments) may
     not be assigned, sold or otherwise transferred except upon prior mutual
     written consent of the Owner and the Insurance Company. Assignments,
     Collateral Assignments, sales or other transfers by the Owner (a) may be
     made only to U.S. Persons (as defined in Section 7701(a)(30) of the Code),
     (b) will be effective only after they are recorded on the book entry system
     maintained by the Insurance Company within the meaning of United States
     Treasury Regulation Section 1.871-14(c)(1)(i), (c) must be registered or
     fall within an available exemption from registration of this Contract as a
     security under the Securities Act and must be conducted in accordance
     therewith, and (d) will only be effective and recorded in the Insurance
     Company's book entry system after the Insurance Company receives from the
     proposed owner or assignee such certificates, documentation and opinions as
     the Insurance Company may reasonably request; provided, however, that for
     purposes of a Collateral Assignment by the Trust to the Indenture Trustee,
     such certificates, documentation and opinions shall be limited to (i) the
     Assignment and (ii) if requested by the Insurance Company, a completed and
     duly executed IRS Form W-9 or such other IRS forms as the Insurance
     Company, upon the advice of its counsel, is required to obtain from the
     Indenture Trustee. In addition to the foregoing, the Indenture Trustee must
     agree to provide to the Insurance Company as of the date of the Assignment,
     or within [ten (10)] Business Days following such date, complete written
     wire transfer instructions for the account to which the Contract Payments
     are to be delivered and appropriate contact information for the delivery of
     notices or other information to and for contacting the Indenture Trustee.

5.3  Directions and Information

     The Insurance Company shall be entitled to rely and act solely on the
     reports, directions, proofs, notices, elections and other information
     furnished to it by the Owner or the Owner's agent, which shall be
     conclusive and binding as to all persons or entities claiming an interest
     hereunder.

                                    Page 12
<PAGE>
5.4  Notice

     All notices and other communications given or made pursuant hereto shall be
     in writing and shall be deemed to have been given or made upon delivery in
     person or by registered or certified mail (postage prepaid, return receipt
     requested), by overnight courier service (charges prepaid) or by confirmed
     facsimile, to the following addresses:

          (a)  if to the Owner, to:

               [ING USA Global Funding Trust [xxxx-xx]
               c/o U.S. Bank National Association
               Attn: Corporate Trust Services
               950 17th Street, Suite 300
               Denver, CO 80202]

               Fax: [(303) 585-6865]

               With a copy to:

               [Citibank, N.A.
               388 Greenwich Street, 14th Floor
               New York, New York 10013
               Attention: Global Transaction Services-ING Global Funding Trust]

               Fax: [(212) 816-5527]

          if to the Insurance Company, to:

               ING USA Annuity and Life Insurance Company
               c/o ING Institutional Markets
               [1290 Broadway
               Denver, CO 80203-5699]

               Fax: [(303) 860-2690]

     Either party hereto may change its address for purposes of receiving
     notices and other communications by providing a notice to the other party
     as required herein.

5.5  Non-Waiver of Contract Provisions

     Failure of the Insurance Company or the Owner to enforce any provision of
     this Contract at any particular time or in any particular circumstances
     shall not operate to waive or modify such provision, nor shall it in any
     manner render such provision unenforceable at any other time or to any
     other occurrence, whether or not the circumstances are the same.

5.6  Status of Guaranteed Fund

     All monies under this Contract shall be part of the general corporate funds
     of the Insurance Company.

                                    Page 13
<PAGE>
5.7  Ownership

     Subject to any statutory restrictions, the Owner shall have and exercise
     all rights, powers and privileges under this Contract. Nothing in this
     Contract shall confer any rights whatsoever to any third party, nor shall
     any of its terms be enforceable by any third party who is not a party to
     this Contract, except as otherwise agreed by the Insurance Company in
     writing.

5.8  Non-Participating

     This Contract shall not participate or share in the earnings of the
     Insurance Company.

5.9  Effect of Signature

     The individual signing this Contract for the Owner acknowledges by such
     signing that he or she has the necessary authority to sign on behalf of the
     Owner and has read this Contract and fully understands its provisions and
     has had the opportunity to ask questions and receive answers and to obtain
     such additional information he or she considers necessary concerning the
     Insurance Company and this Contract.

5.10 Amendment

     The Owner and the Insurance Company may mutually agree, in a writing signed
     by each party, to modify this Contract at any time without the consent of
     any other person or entity.

5.11 Insurance Company's Disclaimers

     It is expressly understood and agreed that the Insurance Company makes no
     representation as to the authority of the Owner to enter into or perform
     under this Contract or as to the legal or tax implications of this Contract
     for the Owner or any other person or entity. In performing its obligations
     hereunder, the Insurance Company is not acting as a fiduciary, agent or
     other advisor or representative for the Trust or any other person or entity
     with respect to this Contract.

5.12 Owner's Representations

     (i)  The Owner represents that:

          (a)  it is not subject to any Taxes as would constitute a Withholding
               Tax Event;

          (b)  it is not subject to any Taxes as would constitute a Trust Tax
               Event; and

          (c)  if requested by the Insurance Company, it will provide the
               Insurance Company within [ten (10)] days of the Effective Date a
               duly completed and executed IRS Form W-9, or such other form as
               may be applicable to it.

     (ii) The Owner acknowledges and agrees that the Insurance Company has not
          registered and has no obligation to register this Contract under the
          Securities Act.

5.13 Mutual Representations

                                    Page 14
<PAGE>
     Each party hereto represents to the other that as of the date hereof:

     (i)  It has the power to enter into this Contract and to consummate the
          transactions contemplated hereby.

     (ii) It has duly authorized, executed and delivered this Contract.

     (iii) Assuming the due authorization, execution and delivery of this
          Contract by the other party, this Contract constitutes a legal, valid
          and binding obligation of the representing party.

     (iv) This Contract is enforceable against it in accordance with the terms
          hereof, subject to applicable bankruptcy, insolvency and similar laws
          affecting creditors' rights, and subject as to enforceability to
          general principles of equity, regardless of whether enforcement is
          sought in a proceeding in equity or at law.

     (v)  Neither the execution and delivery of this Contract nor the
          performance of any of its obligations hereunder will, to the
          representing party's best knowledge, violate any law or any order,
          decree, license, permit or the like which is applicable to it or will
          cause any default by it under any agreement to which it is a party or
          by which it is bound.

5.14 Representations Generally

     If any representation made by either party hereto ceases to be true, the
     party learning of such failure will promptly advise the other party. All
     representations made by the Owner and the Insurance Company in this
     Contract shall be considered to have been relied upon by the other party.

5.15 Tax Treatment

     The Insurance Company and the Owner agree that this Contract shall be
     disregarded for United States federal income tax purposes. The Insurance
     Company and the Owner further agree that if this Contract is not so
     disregarded, it will and is intended to be treated for tax purposes as a
     debt obligation of the Insurance Company issued in registered form within
     the meaning of Treasury Regulation Section 1.871-14(c)(1)(i) and for all
     other federal, state and local income and franchise tax purposes.

5.16 Governing Law

     This Contract shall be governed by and construed in accordance with the
     laws of the State of Delivery specified on Page 1, without regard to its
     conflicts of law rules.

                        [Schedule A begins on next page]

                                    Page 15<PAGE>

                                                                     Exhibit 4.8

                               OMNIBUS INSTRUMENT

     WHEREAS, the parties named herein desire to enter into certain program
documents contained herein, each such document (unless otherwise specified in
such document) dated as of this ____ day of __________, 20___, relating to the
issuance by ING USA Global Funding Trust __________ (the "Trust") of Notes with
a principal amount/face amount of $ _________ to investors under the secured
notes program sponsored by ING USA;

     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 Omnibus Instrument), dated as of the date of the Pricing
Supplement, by and between the parties thereto indicated in Section E herein;

     WHEREAS, certain expense and indemnification arrangements between ING USA
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
[_], by and between ING USA and the Trustee;

     WHEREAS, certain licensing arrangements between the Trustee, on behalf of
the Trust, and ING Groep N.V. will be governed pursuant to the provisions of the
License Agreement dated as of [_], by and between the Trustee and ING Groep
N.V.;

     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 [_] by and among U.S. Bank National Association, acting
as custodian (the "Custodian"), the Indenture Trustee and the Trustee, on behalf
of the Trust;

     WHEREAS, the Notes will be issued pursuant to the Indenture (set forth in
Section B of this Omnibus 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 Omnibus Instrument), dated as of the date of the
Pricing Supplement, 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
Omnibus Instrument), dated as of the date of the Pricing Supplement, 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.

                  [Remainder of Page Left Intentionally Blank]

                                        1

<PAGE>

                                    SECTION A

                                 TRUST AGREEMENT

     This TRUST AGREEMENT (this "Trust Agreement"), dated as of the date of the
Pricing Supplement, 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").

                                   WITNESSETH:

     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 February 9, 2009, and attached to the
Omnibus 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

<PAGE>

                                    ARTICLE 2

     Section 2.01 Name. The Trust created and governed by this Trust Agreement
shall be the trust specified in the Omnibus Instrument. The name of the Trust
shall be the name specified in the first paragraph of the Omnibus 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 2.06 Omnibus Instrument; Execution and Incorporation of Terms.

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

     By executing the Omnibus Instrument, the Trustee and the Trust Beneficial
Owner hereby agree that this 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 Omnibus 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.

     Section 2.08 Counterparts. This Trust Agreement, through the Omnibus
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-2

<PAGE>

                                    SECTION B

                                    INDENTURE

     This INDENTURE (this "Indenture") is entered into as of the Original Issue
Date by and between the ING USA Global Funding Trust specified in the Omnibus
Instrument (the "Trust") and Citibank, N.A., as indenture trustee (the
"Indenture Trustee").

     Citibank, 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.

                                   WITNESSETH:

     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 February 9, 2009, and attached to
the Omnibus 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

<PAGE>

                                    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 Omnibus Instrument and
referred to herein is the ING USA Global Funding Trust specified in the Omnibus
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 ING USA.

     Section 2.03 Additional Terms.

     Notwithstanding anything to the contrary in any of the Program Documents,
any and all communications (both text and attachments) by or from the Indenture
Trustee, the Registrar, the Transfer Agent, the Paying Agent or the Calculation
Agent that the Indenture Trustee, the Registrar, the Transfer Agent, the Paying
Agent or the Calculation Agent in its sole discretion deems to contain
confidential, proprietary, and/or sensitive information and sent by electronic
mail will be encrypted. The recipient (the "Email Recipient") of the email
communication will be required to complete a one-time registration process.
Information and assistance on registering and using the email encryption
technology can be found at the Indenture Trustee's Secure website
www.citigroup.com/citigroup/citizen/privacy/email.htm or by calling (866)
535-2504 (in the U.S.) or (904) 954-6181 at any time.

     The Indenture Trustee will make the Indenture Trustee Report available via
its internet website. The Indenture Trustee's internet website shall initially
be located at "www.sf.citidirect.com". Assistance in using the website can be
obtained by calling the Indenture Trustee's customer service desk at (800)
422-2066. Parties that are unable to use the above distribution option are
entitled to have a paper copy mailed to them via first class mail by calling the
customer service desk and indicating such. The Indenture Trustee shall have the
right to change the way such statements are distributed in order to make such
distribution more convenient and/or more accessible to the above parties and the
Indenture Trustee shall provide timely and adequate notification to all above
parties regarding any such changes. As a condition to access to the Indenture
Trustee's internet website, the Indenture Trustee may require registration and
the acceptance of a disclaimer. The Indenture Trustee will not be liable for the
dissemination of information in accordance with the Indenture. The Indenture
Trustee shall be entitled to rely on but shall not be responsible for the
content or accuracy of any information provided in the information set forth in
the Indenture Trustee Report and may affix thereto any disclaimer it deems
appropriate in its reasonable discretion

     [__________]

     Section 2.04 Omnibus Instrument; Execution and Incorporation of Terms.

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

     By executing the Omnibus 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 Omnibus Instrument or Pricing Supplement, as
indicated herein.

     Section 2.05 Counterparts. This Indenture, through the Omnibus 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.

     Section 2.06 Acknowledgment of Multiple Roles. The parties expressly
acknowledge and consent to U.S. Bank National Association acting in the capacity
of Trustee of the Trust and in the capacity of Custodian with respect to the
Funding Agreement being pledged and assigned by the Trust to the Indenture
Trustee. U.S. Bank National Association may, in such dual capacities, discharge
its separate functions fully, without hindrance or regard to conflict of
interest principles, duty of loyalty principles or other breach of fiduciary
duties to the extent that any such conflict or breach arises from the
performance by U.S. Bank National Association of any of its respective duties in
its capacities as Custodian and/or Trustee. The parties hereto waive all
defenses, claims or assertions against U.S. Bank National Association which are
based on the foregoing.

                                       B-2

<PAGE>

                                    SECTION C

                                 TERMS AGREEMENT

     This TERMS AGREEMENT (this "Terms Agreement") is entered into as of the
date of the Pricing Supplement by and among ING USA Annuity and Life Insurance
Company ("ING USA"), the ING USA Global Funding Trust specified in the Omnibus
Instrument (the "Trust") and the [Agent/Agent(s)] specified in the Pricing
Supplement [(the "Agent")/(the "Agent(s)")].

                                   WITNESSETH:

     WHEREAS, ING USA and the [Agent/Agent(s)] have entered into that certain
Distribution Agreement dated [__________] (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.

     [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 each Agent and each Agent hereby
agrees to purchase[, severally and not jointly,] the Notes having the terms
specified in the Pricing Supplement relating to such Notes.

                                       C-1

<PAGE>

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

     [Section 2.02 Sale of Notes Through Agents. Subject in all respects to the
terms and conditions of the Distribution Agreement, the Trust and each Agent
hereby agree that the Trust will sell the Notes through each Agent as agent on
behalf of the Trust.]**

     Section 2.03 Termination. [Upon the termination of this Terms Agreement
pursuant to Section 13(b) of the Distribution Agreement]* [In the event that a
purchaser shall fail either to accept delivery of or to make payment for a Note
on the date fixed for settlement]** the undersigned parties hereby agree to
allocate the expenses reasonably incurred prior to or in connection with such
[termination]* [failure]** as follows:

     __________

     Section 2.04 Applicable Time. For purposes of the Distribution Agreement,
the Applicable Time shall be [Date and Time].

     Section 2.05 Free Writing Prospectus or Other Information. For purposes of
the Distribution Agreement, each free writing prospectus or other information
attached to the Omnibus Instrument as Exhibit F constitutes a part of the Time
of Sale Prospectus.

     Section 2.06 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 2.07 Notices. For purposes of Section 15 of the Distribution
Agreement, the Trust's communications details are as set forth in Section D of
the Omnibus Instrument.

     Section 2.08 Additional Terms. Each Agent, severally and not jointly,
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 (other than the
United States) except under circumstances that are reasonably designed to result
in compliance with the applicable securities laws and regulations thereof.

     Section 2.09 Omnibus Instrument; Execution and Incorporation of Terms.

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

     By executing the Omnibus 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 Omnibus Instrument or Pricing
Supplement, as indicated herein.

     Section 2.10 Counterparts. This Terms Agreement, through the Omnibus
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

<PAGE>

                  [Remainder of Page Left Intentionally Blank]

----------
*    Include only if [Agent/Agent(s)] purchasing Notes as principals.

**   Include only if Agents serving as agents.

                                       C-3

<PAGE>

                                    SECTION D

                             COORDINATION AGREEMENT

     This COORDINATION AGREEMENT (this "Coordination Agreement"), dated as of
the date of the Pricing Supplement, is entered into by and among ING USA Annuity
and Life Insurance Company ("ING USA"), the ING USA Global Funding Trust
specified in the Omnibus Instrument (the "Trust"), U.S. Bank National
Association, in its capacity as custodian of the Funding Agreement ("Custodian")
and Citibank, N.A., as indenture trustee (the "Indenture Trustee").

                                   WITNESSETH

     WHEREAS, the Trust will enter into the Funding Agreement with ING USA,
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 Omnibus 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 ING USA 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

<PAGE>

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

                                    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. ING USA hereby agrees to deliver an
Officer's Certificate, a copy of which is attached to the Omnibus Instrument 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 Omnibus Instrument as Exhibit E, on a quarterly basis
to any rating agency currently rating the Program.

     Section 3.02 Filings. ING USA 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

<PAGE>

     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:

          ING USA Global Funding Trust (followed by the number set forth in the
             Omnibus Instrument)
          c/o U.S. Bank National Association
          Corporate Trust Services
          209 S. LaSalle Street, Suite 300
          Chicago, Illinois 60604
          Attention: Patricia Child, VP
          Telephone: (312) 325-8902
          Facsimile: (212) 325-8905

     To the Indenture Trustee:

          Citibank, N.A.
          388 Greenwich Street, 14th Floor
          New York, New York 10013
          Facsimile: (212) 816-5527
          Attention: Global Transaction Services, ING USA Global Funding Trust

     To ING USA:

          ING USA Annuity and Life Insurance Company
          c/o ING Institutional Markets
          1290 Broadway
          Denver, Colorado 80203-5699
          Attention: [.]
          Telephone: (303) 860-2322
          Facsimile: (303) 813-2322 and (303) 860-2690

          With a copy to:

          ING Institutional Markets
          1290 Broadway
          Denver, Colorado 80203-5699
          Attention: Barbara MacLean

                                       D-3

<PAGE>

          Telephone: (303) 894-5047
          Facsimile: (303) 813-5047 and (303) 860-2690

     To the Custodian:

          US Bank Corporate Trust Services
          Vice President
          950 17th Street
          Denver, Colorado 80202
          Telephone: (303) 585-4591
          Facsimile: (303) 585-6865

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 Omnibus Instrument; Execution and Incorporation of Terms.

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

     By executing the Omnibus Instrument, each party hereto agrees that this
Coordination Agreement will constitute a legal, valid and binding agreement by
and among the Trust, ING USA, 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 Omnibus Instrument or Pricing
Supplement, as indicated herein.

     Section 5.02 Acknowledgment. ING USA hereby acknowledges Section 2.10 and
Section 3.02 of the Indenture and Section 6.1 of the Custodial Agreement. The
Trust hereby acknowledges and agrees to be bound by the terms of the Custodial
Agreement and the License Agreement.

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

     Section 5.05 Acknowledgment of Multiple Roles. The parties expressly
acknowledge and consent to U.S. Bank National Association acting in the capacity
of Trustee of the Trust and in the capacity of Custodian with respect to the
Funding Agreement being pledged and assigned by the Trust to the Indenture
Trustee. U.S. Bank National Association may, in such dual capacities, discharge
its separate functions fully, without hindrance or regard to conflict of

                                       D-4

<PAGE>

interest principles, duty of loyalty principles or other breach of fiduciary
duties to the extent that any such conflict or breach arises from the
performance by U.S. Bank National Association of any of its respective duties in
its capacities as Custodian and/or Trustee. The parties hereto waive all
defenses, claims or assertions against U.S. Bank National Association which are
based on the foregoing.

                  [Remainder of Page Left Intentionally Blank]

                                       D-5
<PAGE>

                                    SECTION E

                        MISCELLANEOUS AND EXECUTION PAGES

     This Omnibus 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 Omnibus Instrument
with respect to the Notes as of the date first written above.

                                        ING USA ANNUITY AND LIFE 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:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                             [Execution Page 1 of 3]

                                       E-1

<PAGE>

                                        THE ING USA GLOBAL FUNDING TRUST
                                        DESIGNATED IN THIS OMNIBUS 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:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        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:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

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

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        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:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        CITIBANK, 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, not in its individual
                                        capacity but solely as Indenture
                                        Trustee, Registrar, Transfer Agent,
                                        Paying

                                       E-2

<PAGE>

                                        Agent and Calculation Agent), as
                                        Indenture Trustee, Registrar, Transfer
                                        Agent, Paying Agent and Calculation
                                        Agent

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                             [Execution Page 2 of 3]

                                       E-3

<PAGE>

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

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        [MERRILL LYNCH, PIERCE, FENNER & SMITH
                                        INCORPORATED](1) (in executing below
                                        agrees and becomes a party to the Terms
                                        Agreement set forth in Section C herein)

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                             [Execution Page 3 of 3]

----------
(1)  Insert Agent(s) if other than (or in addition to) Merrill Lynch, Pierce,
     Fenner & Smith Incorporated.

                                       E-4

<PAGE>

            INDEX OF EXHIBITS AND SCHEDULES TO THE OMNIBUS INSTRUMENT

   Exhibit A    Standard Trust Terms

   Exhibit B    Standard Indenture Terms

   Exhibit C    Pricing Supplement

   Exhibit D    ING USA Annuity and Life Insurance Company Officer's Certificate

   Exhibit E    ING USA Global Funding Trusts Trustee Officer's Certificate

   Exhibit F    Free Writing Prospectus(es) or Other Information

   Schedule I   Terms Agreement Specifications

                                       E-5

<PAGE>

                                    EXHIBIT A
                              Standard Trust Terms

As filed as Exhibit 4.5 to ING USA Annuity and Life Insurance Company's
Registration Statement on Form S-3 (No. 333-156411), filed with the Securities
and Exchange Commission on December 23, 2008, as amended by Amendment No. 1
filed with the Commission on February 9, 2009.

                                       A-1

<PAGE>

                                   EXHIBIT B
                            Standard Indenture Terms

As filed as Exhibit 4.1 to ING USA Annuity and Life Insurance Company's
Registration Statement on Form S-3 (No. 333-156411), filed with the Securities
and Exchange Commission on December 23, 2008, as amended by Amendment No. 1
filed with the Commission on February 9, 2009.

                                       B-1

<PAGE>

                                    EXHIBIT C
                               Pricing Supplement

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

                                       C-1

<PAGE>

                                   EXHIBIT D
                   ING USA Annuity and Life Insurance Company

                              Officer's Certificate

     The undersigned, an officer of ING USA Annuity and Life Insurance Company,
an Iowa stock life insurance company ("ING USA"), does hereby certify to
Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies,
Inc., in such capacity and on behalf of ING USA, to the knowledge of the
undersigned and after reasonable inquiry, that:

     1.   each of the representations and warranties of ING USA 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.   ING USA has performed and complied with, respectively, in all material
          respects, all of the agreements, covenants, obligations and conditions
          applicable to ING USA required by the Specified Agreements to be
          performed or complied with by ING USA on or before the date hereof;

     4.   the Registration Statement filed on Form S-3 (File No. 333-156411)
          (the "Registration Statement") by ING USA 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 ______, 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 issued in the relevant quarter]
          [(collectively, the "Designated Notes")]; and

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

                                       D-1

<PAGE>

     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 ING USA

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                       D-2

<PAGE>

                                    EXHIBIT E
                          ING USA 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 Registration Statement filed on Form S-3 (File
No. 333-156411) by ING USA Annuity and Life Insurance Company with the
Securities and Exchange Commission on December 23, 2008, as amended by Amendment
No. 1 filed with the Commission on February 9, 2009 (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:

     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, respectively, 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.

                                       E-1

<PAGE>

     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:
                                               ---------------------------------

                                       E-2

<PAGE>
                                   EXHIBIT F

                Free Writing Prospectus(es) or Other Information
<PAGE>

                                   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 A1 by Moody's Investors Service, Inc.
("Moody's"), AA by Standard & Poor's Rating Services, a division of The
McGraw-Hill Companies, Inc. ("S&P") and aa- by A.M. Best Company ("A.M. Best").
ING USA expects that the Notes will be rated A1 by Moody's and aa- by A.M. Best.
The Company's financial strength rating is A1 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(s) as principal, the
following items will be delivered on or prior to the Settlement Date:

     Specify opinions and comfort letter, as applicable.]

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

                                       I-1

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