Document:

Exhibit 4.3

 

Genworth
Life and Annuity Insurance Company

 

Funding Agreement

 

POLICYHOLDER:  Genworth Global Funding Trust 2008-17, its
successors and permitted assignees

 

POLICY
NUMBER: GS-R6033

 

EFFECTIVE
DATE: April 24, 2008

 

ISSUE
STATE:  Virginia

 

Genworth Life and Annuity Insurance
Company (“GLAIC”) (which term includes its successors and permitted assignees)
and the Policyholder hereby agree to the terms of this funding agreement (this “Policy”).
This Policy, including the attached Accumulation Fund Schedule, and any
amendments thereto, constitutes the entire contract between GLAIC and the
Policyholder. This Policy is delivered in the Issue State and governed by the
laws of that state.

 

In
witness whereof, GLAIC and the Policyholder have agreed to this Policy as of
the Effective Date and caused the same to be in full force and effect.

 

 

	
  /s/
  Thomas E. Duffy

  	
   

  	
  /s/Pamela
  S. Schutz

  
	
  Secretary

  	
   

  	
  President

  

 

Genworth Life and Annuity
Insurance Company

6610 West Broad Street

Richmond, VA  23230

1-800-635-8056

 

 

Table of Contents

 

	
  Section 1 – Accumulation Fund – Establishment
  and Operation

  
	
   

  
	
  Section 2 – Payments From the Accumulation Fund

  
	
   

  
	
  Section 3 – Termination of Agreement

  
	
   

  
	
  Section 4 – General Provisions

  
	
   

  
	
  Section 5 – Definitions

  

 

 

SECTION 1 – ACCUMULATION FUND – ESTABLISHMENT AND
OPERATION

 

1.1                         POLICY PAYMENTS. The Policyholder
agrees to pay to GLAIC in the currency specified in the Accumulation Fund
Schedule (the “Specified Currency”), and by wire transfer, the Net Deposit
Amount on the Deposit Date. Regardless of the Effective Date of the Policy or
the Deposit Date specified in the Accumulation Fund Schedule, this Policy shall
become effective only upon the receipt by GLAIC, or its designee, of the Net
Deposit Amount.

 

1.2                         ESTABLISHMENT OF THE ACCUMULATION FUND. Upon
the receipt by GLAIC of the Net Deposit Amount, GLAIC will establish an
Accumulation Fund. The Accumulation Fund is a general account record that
reflects the Fund Balance under this Policy. GLAIC is neither a trustee nor a
fiduciary with respect to the Accumulation Fund. The Net Deposit Amount is
allocated to GLAIC’s general account for investment but all funds received
under this Policy will become the exclusive property of GLAIC without any duty
or requirement for segregation or separate
investment. The Fund Balance is not affected by the investment results of the
assets held in the general account.

 

1.3                         INTEREST ON THE ACCUMULATION FUND. The
Guaranteed Rate for the Accumulation Fund is effective until the Fund Balance
is paid in full to the Policyholder. Interest is credited based upon the
methodology specified in the Accumulation Fund Schedule.

 

1.4                         VALUE OF THE ACCUMULATION FUND. The
Fund Balance on any given day equals the Deposit Amount plus interest, if any,
credited thereon at the Guaranteed Rate, less any payments made under Section 2 of the Policy.

 

SECTION 2 – PAYMENTS FROM THE ACCUMULATION FUND

 

2.1                         PERIODIC PAYMENTS. GLAIC will pay the Policyholder the amounts specified in the Accumulation
Fund Schedule as Periodic Payouts, including the Maturity Payout, on the dates
Specified (subject to Section 4.7). Such payment amounts are adjusted to
reflect any other payment payable under this Section of the Policy. The
interest factor used in making such adjustments is the Guaranteed Rate.

 

2.2                         OPTIONAL REPAYMENT. If so indicated in the Accumulation Fund Schedule, GLAIC
shall pay to the Policyholder the amount the Policyholder needs to redeem or
repay any notes or other instruments issued by the Policyholder and backed by
this Policy, pursuant to any limited right of redemption or repayment contained
in such note or instrument. GLAIC may require reasonable evidence that the
redemption or repayment request satisfies all the terms and conditions
described in the prospectus, prospectus supplement and/or pricing supplement
applicable to such note or other instrument. Additional restrictions, if any,
on the Policyholder’s reimbursement rights under this Section may beincluded
in the Accumulation Fund Schedule.

 

1

 

2.3                         OPTIONAL REDEMPTION. If so indicated in the Accumulation Fund Schedule, GLAIC may elect
to pay the Policyholder all or any part of the Fund Balance on the Call Dates
specified in the Accumulation Fund Schedule. Unless otherwise provided in the
Accumulation Fund Schedule, GLAIC will give the Policyholder at least
thirty-five (35) calendar days and no more than seventy-five (75) calendar days
notice of its intent to make such pre-payment. No adjustment will be made to
the amount of such payment, unless such adjustment is specifically provided for
in the Accumulation Fund Schedule.

 

2.4                         MATURITY PAYMENTS. GLAIC shall pay the Policyholder the Fund Balance on the
Maturity Date.

 

2.5                         FORM OF PAYMENT. All payments GLAIC makes to the Policyholder will be made in
the Specified Currency, by wire transfer, unless otherwise agreed in writing by
the parties hereto. Unless otherwise stated in the Accumulation Fund Schedule,
all payments GLAIC makes will be net of any applicable withholding or deduction
for or on account of 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 having the power to tax. Unless otherwise
specified in the Accumulation Fund Schedule, such net payments fully satisfy
GLAIC’s obligation to the Policyholder with respect to the full amount due.

 

SECTION 3 –
TERMINATION OF AGREEMENT

 

3.1                       AUTOMATIC TERMINATION/ACCELERATION. This Policy terminates with respect to the Accumulation Fund
when the Fund Balance is zero and GLAIC’s obligations hereunder shall automatically
accelerate upon the occurrence of an Event of Default described in Section 3.3(a).

 

3.2                       EARLY TERMINATION/ACCELERATION. The Policyholder may accelerate this Policy by giving GLAIC
not less than two (2) Business Days’ written notice upon the occurrence of
an Event of Default specified in Section 3.3 b., c. or d. below. GLAIC may
accelerate this Policy, in whole but not in part, by giving the Policyholder
not less than forty-five (45) days’, but no more than seventy-five (75) days’,
prior written notice of the occurrence of a Tax Event as described in Section 3.4,
provided, however that this Policy shall not be terminated until the Fund
Balance has been paid to the Policyholder in full.

 

3.3                       EVENTS OF DEFAULT. An Event of
Default occurs if:

 

a.                                       GLAIC
is dissolved or a resolution is passed or proceeding is instituted for the
winding-up, liquidation or similar arrangement of GLAIC (other than pursuant to
a consolidation, amalgamation or merger);

b.                                      GLAIC
breaches any material obligation, representation or certification contained
herein, provided that there is no bona fide dispute as to whether such breach
has occurred and that such breach continues for fifteen (15) Business Days
following the Policyholder’s written notice to GLAIC of such breach;

 

2

 

c.                                       GLAIC
fails to make any required Periodic Payout (other than the Maturity Payout)
described in the Accumulation Fund Schedule or any other payment described in
Sections 2.2 or 2.3 of this Policy or any other funding agreement GLAIC issues
in connection with the Program, and such failure continues for seven (7) Business
Days after the due date thereof; 

d.                                      GLAIC
fails to make the Maturity Payout described in the Accumulation Fund Schedule
or in any other funding agreement GLAIC issues in connection with the Program
and such failure is continuing as of the end of the Business Day following the
due date thereof.

 

3.4                       TAX EVENT. A “Tax Event” occurs if GLAIC has received an opinion of
independent legal counsel stating in effect that there is more than an
insubstantial risk that as a result of 
any amendment to, or change (including any announced prospective change)
in, the laws (or regulations thereunder) of the United States or any political
subdivision or taxing authority thereof or therein or 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 Deposit Date, the
Policyholder is or will be within ninety (90) days of the date thereof, (1) subject
to an entity level U.S. federal income tax with respect to interest accrued or
received on this Policy or (2) subject to more than a de minimis amount of
taxes, duties or other governmental charges. 

 

Notwithstanding anything to the contrary in this Section 3,
if GLAIC shall comply in all respects with the requirements of this Section 3,
but an event of default has occurred with respect to the notes backed by the
Policy and as a result payments with respect to the notes have been
accelerated, otherwise than by reason of any default under this Policy by
GLAIC, no Event of Default (as defined above) under this Policy shall be deemed
to have occurred, no payments with respect to this Policy shall be accelerated
and GLAIC will remain obligated to make payments under this Policy as if no
Event of Default had occurred with respect to the notes.

 

SECTION 4 – GENERAL
PROVISIONS

 

4.1                         PAYMENT UPON TERMINATION. Unless otherwise specified in the Accumulation Fund Schedule,
GLAIC shall pay the Policyholder the Fund Balance on the Maturity Date. Such payment
fully discharges GLAIC’s obligation to the Policyholder under this Policy.

 

4.2                         DISCLAIMER OF RESPONSIBILITY. GLAIC’s only liability is as set out in this Policy, including
the Accumulation Fund Schedule attached hereto. In performing its obligations
under this Policy, GLAIC is not acting as a fiduciary or agent for the
Policyholder or anyone else regardless of whether or not they are directly or
indirectly associated with the Policyholder.

 

4.3                         NOTICES. All agreements, notices,
directions, consents, elections or other communication (“Notices”) required by
this Policy must be in writing, directed to the applicable address designated
on the face page. Any such Notices may be given by facsimile transmission or
other acceptable electronic means. All Notices are effective when received. 

 

3

 

4.4                         AMENDMENTS. This Policy may be amended only by mutual written agreement
between the parties hereto.

 

4.5                         CONFLICT. To the extent that there is a conflict in terms between the
Policy and the Accumulation Fund Schedule, the Accumulation Fund Schedule will
control the conduct of the parties.

 

4.6                         TRANSFERABILITY/ASSIGNMENT. This Policy and the Accumulation Fund established pursuant
to it may solely be sold, assigned, transferred or pledged in accordance with,
and for the purposes contemplated by, the documents and agreements governing
the establishment and operation of the Program. GLAIC will maintain a record of
ownership of this Policy on its books and records.

 

4.7                         PAYMENTS BY GLAIC. When this Policy provides that GLAIC will make a payment to
the Policyholder, such payment shall be made to the Policyholder or to the
agent the Policyholder designates. Unless otherwise specified in the
Accumulation Fund Schedule, if a payment date is not a Business Day, GLAIC will
pay such amount on the next Business Day. 

 

4.8                         WAIVER BY GLAIC. At
the Policyholder’s request, GLAIC may waive any terms, conditions or
adjustments provided for in this Policy. Any such waiver is subject to any
limitations GLAIC specifies in making the waiver and does not require GLAIC to
grant similar future waivers to the Policyholder or anyone else. A failure or
delay in exercising a right under this Policy does not waive GLAIC’s right or
ability to assert such right in the future.

 

4.9                         MUTUAL REPRESENTATIONS. The
parties mutually represent and warrant, each to the other, that:

 

	
  a.

  	
   

  	
  This Policy is
  its legal, valid and binding obligation, enforceable in accordance with its
  terms, subject to applicable bankruptcy, insolvency, reorganization,
  moratorium or other laws affecting creditor’s rights, and subject, as to
  enforceability, to general principals of equity, regardless of whether
  enforcement is sought in proceeding in equity or law;

  
	
  b.

  	
   

  	
  It has the power
  to enter into this Policy and to consummate the transactions contemplated
  hereby;

  
	
  c.

  	
   

  	
  All information
  provided in connection with this Policy is, to the best of its knowledge and
  belief, true, correct and complete;

  
	
  d.

  	
   

  	
  The execution
  and the delivery of this Policy and the performance of obligations hereunder
  do not and will not constitute or result in a default, breach or violation,
  of the terms or provisions of its certificate, articles or charter of
  incorporation, declaration of trust, by-laws or any agreement, instrument,
  mortgage, judgment, injunction or order applicable to it or any of its
  property.

  

 

4

 

4.10                  TAX PROVISIONS. The Policyholder and each transferee and assignee of this
Policy, to the extent required by law, agree to provide GLAIC with any properly
completed tax forms that are needed for GLAIC to satisfy its tax reporting
obligations with respect to amounts held under this Policy. This Policy is
intended to be ignored for U.S. federal, state and local income and franchise tax
purposes. To the extent it cannot be ignored, GLAIC and the Policyholder and
each transferee and assignee of this Policy agree to treat this Policy as GLAIC’s
debt obligation for U.S. federal, state and local income and franchise tax
purposes.

 

SECTION 5 –
DEFINITIONS

 

5.1          POLICY DEFINITIONS. The
following terms have the meanings indicated:

 

“Accumulation
Fund” is the accounting record GLAIC will establish under
this Policy as described in Section 1.2.

 

“Accumulation
Fund Schedule” is attached to this Policy and establishes the
terms of the Accumulation Fund.

 

“Business
Day” is any day, other than 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, or are otherwise
closed, in each Business Day City specified in the Accumulation Fund Schedule.

 

“Call
Date” is the day or days prior to the Stated Maturity Date,
if any, specified in the Accumulation Fund Schedule attached to this Policy, on
which GLAIC may elect to pay the Policyholder all or any part of the Fund
Balance. If no Call Date is indicated in an Accumulation Fund Schedule, GLAIC
will pay to the Policyholder the Fund Balance prior to the Stated Maturity Date
only to the extent provided in Section 3.2.

 

“Deposit
Amount” is the amount GLAIC credits to the Accumulation Fund
on the Deposit Date as set forth in the Accumulation Fund Schedule.

 

“Deposit
Date” is the date, specified in the Accumulation Fund
Schedule, on which GLAIC receives the Net Deposit Amount.

 

“Event
of Default” has the meaning described in Section 3.3.

 

“Fund
Balance” is the value of the Accumulation Fund, determined
pursuant to Section 1.4.

 

“Guaranteed
Rate” is the interest rate, if any, applied to the
Accumulation Fund, as stated in the Accumulation Fund Schedule.

 

“Indenture”
is that certain indenture agreement, made between the Policyholder and the
Indenture Trustee related to the notes to be supported by this Policy as such
agreement may be amended, supplemented or replaced from time to time.

 

5

 

“Indenture
Trustee” is the party specified as trustee under the
Indenture, or its successor.

 

“Maturity
Date” is the earlier of (i) the Stated Maturity Date and
(ii) each date on which the Fund Balance is payable in full to the
Policyholder pursuant to an Event of Default, Optional Repayment, Optional
Redemption or otherwise. Unless otherwise indicated in the Accumulation Fund
Schedule, if any of the foregoing dates is not a Business Day, the Maturity
Date is the next following Business Day. Interest accrues during such delay
only if specified in the Accumulation Fund Schedule.

 

“Net
Deposit Amount” is the amount GLAIC receives from the
Policyholder on the Deposit Date as set forth in the Accumulation Fund
Schedule.

 

“Program”
is the Genworth Global Funding program, as described in the prospectus relating
thereto, including the applicable prospectus supplement or pricing supplement
or in any amendment thereto.

 

“Stated
Maturity Date” is the date, as set forth on the Accumulation
Fund Schedule, when the Fund Balance is originally due and payable to the
Policyholder.

 

“Tax
Event” has the meaning described in Section 3.4.

 

5.2                   OTHER DEFINITIONS. Other
capitalized terms appearing in this Policy have the meanings indicated on the
Policy’s face page or in the Accumulation Fund Schedule.

 

6

 

GLAIC

Accumulation Fund Schedule – Fixed
Rate

 

Policy Number: GS-R6033

 

	
  Deposit
  Date:

  	
   

  	
  April 24,
  2008 or the date the deposit is actually received by GLAIC

  
	
   

  	
   

  	
   

  
	
  Specified
  Currency:

  	
   

  	
  United States Dollars

  
	
   

  	
   

  	
   

  
	
  Deposit
  Amount:

  	
   

  	
  $6,753,000.00

  
	
   

  	
   

  	
   

  
	
  Net
  Deposit Amount:

  	
   

  	
  $6,651,705.00

  
	
   

  	
   

  	
   

  
	
  Stated
  Maturity Date:

  	
   

  	
  April 15,
  2018

  
	
   

  	
   

  	
   

  
	
  Guaranteed
  Rate:

  	
   

  	
  5.65%

  
	
   

  	
   

  	
   

  
	
  Crediting
  Period:

  

  

  	
   

  	
  The first Crediting Period shall be a short period
  commencing on the Deposit Date to but excluding October 15, 2008. Each
  subsequent Crediting Period shall be the semi-annual period occurring between
  the 15th of each April and October thereafter. The final
  Crediting Period will be the period from and including October 15, 2017,
  to but excluding April 15, 2018.

  
	
   

  	
   

  	
   

  
	
  Interest
  Crediting:

  	
   

  	
  Interest is
  credited based upon a 30/360 basis,
  applied to the Fund Balance each day.

  
	
   

  	
   

  	
   

  
	
  Periodic
  Payouts:

  

  

  

  

  	
   

  	
  On the 15th of
  each April and October, GLAIC will pay the Policyholder all accrued and
  unpaid interest (if such date is not a Business Day, the Periodic Payout will
  be made on the next following Business Day, and in such cases the amount of
  interest shall not be adjusted for non-Business Days) (each, an “Interest
  Payment Date”); provided, however,
  that the final Periodic Payout shall be on the Maturity Date, on which date
  all accrued and unpaid interest will be paid.

  
	
   

  	
   

  	
   

  
	
  Optional
  Repayment:

  

  	
   

  	
  Optional Repayments under Section 2.2 of the
  Policy may be made solely with respect to the “Survivor’s Option” described
  in Pricing Supplement No. 022 dated April 14, 2008 to the
  Prospectus Supplement dated December 9, 2005 related to the Program.

  
	
   

  	
   

  	
   

  
	
  Call
  Terms:

  

  

  	
   

  	
  Under Section 2.3 of the Policy, GLAIC may
  elect to pay the Policyholder all of the Fund Balance on April 15, 2010,
  or as of any date thereafter when a Periodic Payout is due (the “Call
  Dates”).

  
	
  Maturity
  Payout:

  

  

  

  	
   

  	
  On the Maturity Date, GLAIC will pay to the
  Policyholder the Fund Balance. If such date is not a Business Day, the
  Maturity Payout will be made on the next following Business Day; provided, however, that
  interest shall not accrue beyond the Maturity Date.

  

 

 

	
  Business
  Day City(s):

  	
   

  	
  New York, New York

  
	
   

  	
   

  	
   

  
	
  Other
  Terms:

  	
   

  	
  None

  

 

*********************

 

The calculation of the Guaranteed Rate and all
other payment terms of this Policy will be determined in the manner described
in the “Description of the Notes” section in the Prospectus Supplement.

 

*********************

 

	
  GENWORTH LIFE
  AND ANNUITY
 INSURANCE COMPANY

  	
   

  	
  GENWORTH GLOBAL
  FUNDING TRUST 2008-17 

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
    /s/
  Pamela C. Asbury

  	
   

  	
  By*:

  	
    /s/
  Patricia M. Child

  
	
       Pamela C. Asbury

  	
   

  	
   

  	
  Patricia M.
  Child

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Official Title:

  	
  Vice President

  	
   

  	
  Official Title:

  	
    Vice
  President

  
	
   

  	
   

  	
   

  	
   

  
	
  Date:

  	
    April 22,
  2008

  	
   

  	
  Date:

  	
     April 22,
  2008

  
	
   

  	
   

  	
   

  	
   

  	
   

  
												

 

* It is expressly
understood and agreed that (a) this Policy is executed and delivered by
U.S. Bank National Association (“USB”) not individually or personally, but
solely as Trustee of the Genworth Global Funding Trust 2008-17 in the exercise
of powers and authority conferred and vested in it (b) each of the
representations, undertakings and agreements herein made on the part of the
Trust is made and intended not as personal representations, undertakings and
agreements by USB but is made and intended for the purpose of binding only the
Trust, (c) nothing herein contained shall be construed as creating any
liability on USB individually or personally, to perform any covenant either
express or implied contained herein, all such liability, if any being expressly
waived by the parties hereto and by any person claiming by, through or under
the parties hereto and (d) under no circumstances shall USB be personally
liable for the payment of any indebtedness or expenses of the Trust or be
liable for the breach or failure of any obligation, representation, warrant or
covenant made or undertaken by the Trust under this Policy or any other related
documents.

 

*********************Exhibit 4.1

 

PRICING INSTRUMENT

 

WHEREAS, the parties named herein desire to enter into
certain Program Documents (as defined herein) contained herein, each such
document (unless otherwise specified in such document) dated as of April 21,
2008, relating to the issuance by Genworth Global Funding Trust 2008-18 (the “Trust”)
of Notes to investors under the secured notes program sponsored by Genworth
Life and Annuity Insurance Company (“GLAIC”), the terms of such Notes as
specified in the pricing supplement attached to this Pricing Instrument as Exhibit C
(the “Pricing Supplement”);

 

WHEREAS, the Trust is a trust and will be organized
under and its activities will be governed by the provisions of the Trust
Agreement (set forth in Section A of this Pricing Instrument), dated as of
April 21, 2008, by and between the parties thereto indicated in Section E
herein;

 

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

 

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

 

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

 

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

 

WHEREAS, the sale of the Notes will be governed by the
Terms Agreement (set forth in Section C of this Pricing Instrument), dated
as of April 21, 2008, by and among the parties thereto indicated in Section E
herein; and

 

WHEREAS, certain agreements relating to the Notes and
the Funding Agreement are set forth in the Coordination Agreement (set forth in
Section D of this Pricing Instrument), dated as of April 21, 2008, by
and among the parties thereto indicated in Section E herein.

 

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

 

1

 

SECTION A

 

TRUST AGREEMENT

 

This TRUST AGREEMENT (this “Trust Agreement”), dated
as of April 21, 2008, is entered into by and between GSS Holdings II, Inc.,
a Delaware corporation, as trust beneficial owner (the “Trust Beneficial Owner”),
and U.S. Bank National Association, a national banking association, as Trustee
(the “Trustee”).

 

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

 

W I T
N E S S E T H:

 

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

 

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

 

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

 

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

 

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

 

ARTICLE 1

 

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

 

A-1

 

ARTICLE 2

 

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

 

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

 

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

 

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

 

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

 

Section 2.06                           Pricing Instrument; Execution and Incorporation of Terms.

 

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

 

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

 

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

 

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

 

A-2

 

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

 

A-3

 

SECTION B

 

INDENTURE

 

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

 

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

 

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

 

W I T
N E S S E T H:

 

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

 

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

 

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

 

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

 

ARTICLE 1

 

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

 

B-1

 

ARTICLE 2

 

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

 

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

 

Section 2.03                           Additional Terms. Notwithstanding anything to the
contrary in Section 2.04(c) of the Standard Indenture Terms, the
Indenture Trustee will give written notice of redemption to the Holders in accordance
with Section 1.06 of the Standard Indenture Terms not more than
seventy-five (75) calendar days and not less than thirty (30) calendar days
prior to the date set for such redemption. Notwithstanding anything to the
contrary in Section 2.04(f) of the Standard Indenture Terms, the
Indenture Trustee shall treat as satisfactory to it thirty-five (35) calendar
days’ notice from the Trust (or from GLAIC on behalf of the Trust) of a
redemption date for the Notes; provided that there are at least three Business
Days between the receipt by it of such notice and the deadline for giving
notice of such redemption under Section 2.04(c); provided further that the
Notes are in the form of Global Notes and the redemption is in whole.  The initial principal amount of the Notes
shall be $9,866,000.00.

 

Section 2.04                           Pricing Instrument; Execution and Incorporation of Terms.

 

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

 

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

 

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

 

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

 

 [Remainder of Page Left Intentionally Blank]

 

B-2

 

SECTION C

 

TERMS AGREEMENT

 

This TERMS AGREEMENT (this “Terms Agreement”) is
entered into as of April 21, 2008 by and among Genworth Life and Annuity
Insurance Company (“GLAIC”), the Genworth Global Funding Trust specified in the
Pricing Instrument (the “Trust”) and the Agent specified in the Pricing
Supplement (the “Agent”).

 

W I T
N E S S E T H:

 

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

 

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

 

ARTICLE 1

 

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

 

ARTICLE 2

 

Section 2.01                           Addition of Trust as Party to Distribution Agreement.

 

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

 

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

 

C-1

 

Section 2.02                           Purchase of Notes as Principal.

 

(a)               Subject in all
respects to the terms and conditions of the Distribution Agreement, the Trust
hereby agrees to sell to the Agent and the Agent hereby agrees to purchase the
Notes having the terms specified in the Pricing Supplement relating to such
Notes. The initial principal amount of the Notes is $9,866,000.00.

 

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

 

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

 

The expenses will be borne by GLAIC.

 

Section 2.04                           Applicable
Time.  For purposes of the
Distribution Agreement, the Applicable Time shall be 3:40 pm EST, April 21,
2008.

 

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

 

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

 

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

 

Section 2.08                           Pricing Instrument; Execution and Incorporation of Terms.

 

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

 

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

 

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

 

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

 

C-2

 

SECTION D

 

COORDINATION
AGREEMENT

 

This COORDINATION AGREEMENT (this “Coordination
Agreement”), dated as of April 21, 2008, is entered into by and among
Genworth Life and Annuity Insurance Company (“GLAIC”), the Genworth Global
Funding Trust specified in the Pricing Instrument (the “Trust”), SunTrust Bank,
in its capacity as custodian of the Funding Agreement (“Custodian”) and The
Bank of New York Trust Company, N.A., as the indenture trustee (the “Indenture
Trustee”).

 

W I T
N E S S E T H

 

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

 

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

 

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

 

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

 

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

 

ARTICLE 1

 

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

 

Section 1.02                           Issuance and Purchase of the Notes.

 

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

 

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

 

D-1

 

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

 

ARTICLE 2

 

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

 

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

 

ARTICLE 3

 

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

 

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

 

ARTICLE 4

 

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

 

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

 

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

 

D-2

 

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

 

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

 

To the Trust:

 

Genworth Global Funding Trust 2008-18

c/o U.S. Bank National Association

Corporate Trust Services

209 S. LaSalle Street, Suite 300

Chicago, Illinois 60604

Attention:  Patricia Child, VP

Facsimile: (312) 325-8905

 

To the Indenture Trustee:

 

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

2 North LaSalle Street, Suite 1020

Chicago, Illinois 60602

Attention: Corporate Finance

Facsimile: (312) 827-8542

 

To GLAIC:

 

Genworth
Life and Annuity Insurance Company

6610 West Broad Street

Richmond, Virginia 23230

Attention: Treasurer

Facsimile: (804) 662-7777

 

with a
copy to:

 

Genworth
Life and Annuity Insurance Company

6610 West Broad Street

Richmond, Virginia 23230

Attention: Heather Harker, Esq.

Facsimile: (804) 281-6005

 

To the Custodian:

 

SunTrust Bank

919 East Main Street

D-3

 

Richmond, Virginia 23219

Attention: Retirement Services

Facsimile: (804) 782-7439

 

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

 

ARTICLE 5

 

Section 5.01           Pricing Instrument; Execution and Incorporation of Terms.

 

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

 

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

 

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

 

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

 

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

 

[Remainder of Page Left
Intentionally Blank]

 

D-4

 

SECTION E

 

MISCELLANEOUS AND
EXECUTION PAGES

 

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

 

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

 

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

 

	
   

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

  
	
   

  	
   

  	
   

  	 

	
   

  	
  By:

  	
         /s/
  Pamela C. Asbury

  	 

	
   

  	
   

  	
  Name: Pamela C. Asbury

  	 

	
   

  	
   

  	
  Title: Vice President

  	 

 

[Execution Page 1 of 3]

 

E-1

 

	
   

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

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Patricia M. Child

  
	
   

  	
   

  	
  Name: Patricia M. Child

  
	
   

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
          /s/
  Patricia M. Child

  
	
   

  	
   

  	
  Name: Patricia M. Child

  
	
   

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
          /s/
  Patricia M. Child

  
	
   

  	
   

  	
  Name: Patricia M. Child

  
	
   

  	
   

  	
  Title: Vice President

  

 

	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
            /s/
  Bernard J. Angelo

  
	
   

  	
   

  	
  Name: Bernard J. Angelo

  
	
   

  	
   

  	
  Title: Vice President

  

 

[Execution Page 2 of 3]

 

E-2

 

	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
            /s/
  R. Tarnas

  
	
   

  	
   

  	
  Name: R. Tarnas

  
	
   

  	
   

  	
  Title: Vice President

  

 

	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
            /s/
  Richard J. Owens, III

  
	
   

  	
   

  	
  Name: Richard J. Owens, III

  
	
   

  	
   

  	
  Title: VP/Trust Officer

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
            /s/
  Brian Walker

  
	
   

  	
   

  	
  Name: Brian Walker

  
	
   

  	
   

  	
  Title: Managing
  Director

  

 

[Execution Page 3 of
3]

 

E-3

 

EXHIBIT A

Standard Trust Terms

 

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

 

A-1

 

EXHIBIT B

Standard Indenture Terms

 

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

 

B-1

 

EXHIBIT C

Pricing Supplement

 

As filed with the Securities and Exchange Commission
pursuant to Rule 424(b) under the Securities Act, dated as of April 14,
2008, with respect to the Notes to be issued by the Trust.

 

C-1

 

EXHIBIT D

Genworth Life and Annuity Insurance Company

 

Officer’s
Certificate

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

(1) This certificate to be signed quarterly.

 

D-1

 

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

 

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

 

	
   

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

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

D-2

 

EXHIBIT E 

Genworth Global Funding Trusts

 

Trustee
Officer’s Certificate

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

E-1

 

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

 

	
   

  	
  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

 

SCHEDULE
I

 

Terms
Agreement Specifications

 

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

 

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

 

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

 

I-1

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