Contract

GENWORTH LIFE AND ANNUITY INSURANCE COMPANY GUARANTEED MINIMUM WITHDRAWAL BENEFIT FOR LIFE RIDER This rider is added to the Contract. It provides for a guaranteed minimum withdrawal benefit for the life of the Annuitant(s) as described below. In order to obtain the full benefit described in this rider, your annual withdrawals must be limited and you must allocate Contract Value to the prescribed Investment Strategy. You may not terminate this rider apart from the Contract. All rider terms will have the same meaning as under the Contract, unless otherwise provided. Asset Allocation Model - The Asset Allocation Model shown on the Contract Data Pages. Benefit Date - The date that will be the later of: (1) the Contract Date; and (2) the Valuation Day of the most recent reset of the Withdrawal Base. Benefit Year - Each one year period following the Benefit Date and each anniversary of that date. Death Benefit Reduction Percentage - The percentage shown on the Contract Data Pages. Designated Subaccounts - The Designated Subaccounts shown on the Contract Data Pages. Gross Withdrawal - An amount withdrawn from Contract Value including any surrender charge, any taxes withheld and any premium taxes. Investment Strategy - The Asset Allocation Model and/or Designated Subaccounts for this rider. Rider Death Benefit - The death benefit payable under this rider. The Rider Death Benefit on the Contract Date is equal to the initial Purchase Payment. Withdrawal Base - An amount used to establish the Withdrawal Limit. The Withdrawal Base on the Contract Date is equal to the initial Purchase Payment. Withdrawal Factor - The percentage used to establish the Withdrawal Limit. The Withdrawal Factor is based on the attained age of the Annuitant for a single Annuitant Contract or the attained age for the younger living Annuitant for a Joint Annuitant Contract on the earlier of the Valuation Day of the first Gross Withdrawal and the Valuation Day when the Contract Value is reduced to zero. The percentage is shown on the Contract Data Pages. Withdrawal Limit - The total amount that you may withdraw in a Benefit Year without reducing the benefits provided under this rider. Withdrawal Factor Reduction Percentage - The percentage shown on the Contract Data Pages. Investment Strategy To maximize the Withdrawal Limit and Rider Death Benefit, you must allocate all Contract Value to the Investment Strategy. We or our affiliates will provide the Investment Strategy. You must allocate your Contract Value among the following Investment Strategy options shown on the Contract Data Pages: . the Designated Subaccounts; and/or . the Asset Allocation Model. 1 You must allocate all Contract Value between the Investment Strategy options. If you use the Designated Subaccounts option, you must specify the percentage to invest in each Designated Subaccount. Under the Asset Allocation Model option, any percentage of Contract Value invested must first be divided into categories in accordance with the percentages shown on the Contract Data Pages. Within each category you must then specify the percentage to invest in each available Subaccount. On a monthly basis, we will rebalance Contract Value to the Subaccounts in accordance with the percentages that you have chosen. In addition, on any Valuation Day after any transaction involving a withdrawal, receipt of a Purchase Payment or a transfer of Contract Value, we will rebalance Contract Value to the Subaccounts in accordance with the percentages that you have chosen, unless you instruct us otherwise. Beginning on the first Valuation Day after you choose not to follow the Investment Strategy, your Withdrawal Factor and Rider Death Benefit will be reduced as follows: The Withdrawal Factor will be (a) minus (b), where: (a) is the Withdrawal Factor; and (b) is the Withdrawal Factor multiplied by the Withdrawal Factor Reduction Percentage. The Rider Death Benefit will be (a) minus (b), where: (a) is the Rider Death Benefit; and (b) is the Rider Death Benefit multiplied by the Death Benefit Reduction Percentage. You may elect to resume participation in the Investment Strategy, as described in the Restoration or Reset of the Benefit provision, provided we receive notice of your election in a form acceptable to us. We will not reduce your Withdrawal Factor or Rider Death Benefit if you are not following the Investment Strategy due to a portfolio liquidation or a portfolio dissolution and the assets are transferred from the liquidated or dissolved portfolio to another portfolio. If this rider is added to the Contract at issue, the Guarantee Account available as an Investment Option under the Contract, if any, will not be available as an Investment Option under this rider for as long as this rider is in effect. Guaranteed Minimum Withdrawal Benefit If you: . allocate all Contract Value to the Investment Strategy; and . limit total Gross Withdrawals in a Benefit Year to an amount no greater than the Withdrawal Limit; then you will be eligible to receive total Gross Withdrawals in each Benefit Year equal to the Withdrawal Limit until the last death of an Annuitant. The Withdrawal Limit is calculated on each Valuation Day. The Withdrawal Limit is (a) multiplied by (b), where: (a) is the greater of the Contract Value on the prior Contract anniversary and the Withdrawal Base; and (b) is the Withdrawal Factor. 2 The Withdrawal Factor is established based on the attained age of the younger Annuitant on the earlier of the Valuation Day of the first Gross Withdrawal and the Valuation Day when the Contract Value is reduced to zero. The Withdrawal Factor percentage is shown on the Contract Data Pages. Purchase Payments Any Purchase Payment applied to your Contract will adjust your Withdrawal Base and Rider Death Benefit. In order to obtain the full benefit provided by this rider, you must allocate all assets to the prescribed Investment Strategy from the Benefit Date. If you have allocated all assets to the Investment Strategy since the Benefit Date, any subsequent Purchase Payment will be added to the Withdrawal Base and the Rider Death Beneft. Otherwise, the Purchase Payment will be added to the Withdrawal Base, and the Rider Death Benefit will be increased by (a) minus (b), where: (a) is the Purchase Payment; and (b) is the Purchase Payment multiplied by the Death Benefit Reduction Percentage. We reserve the right to not adjust the Withdrawal Base and/or the Rider Death Benefit for any additional Purchase Payments. Restoration or Reset of the Benefit Restoration: If your Withdrawal Factor and Rider Death Benefit have been reduced because you have not allocated all assets to the prescribed Investment Strategy, you will have a one-time opportunity to restore your Withdrawal Factor and Rider Death Benefit. Reset: If all of the Annuitants are ages 50 through 59, you may choose to reset your Withdrawal Base on an annual anniversary of the Contract Date that is at least 12 months after the later of (a) and (b). If the older of the Annuitants is age 60 through 85, you may choose to reset your Withdrawal Base on an annual anniversary of the Contract Date that is at least 12 months after the later of (a) and (b), where: (a) is the Contract Date; and (b) is the last reset date. If you do reset your Withdrawal Base, as of that date, we will: . reset the Withdrawal Base to your Contract Value; . reset the charge for this rider. The new charge, which may be higher than your previous charge, will never exceed [2.00%] annually; and . reset the Investment Strategy to the current Investment Strategy. There are similarities as well as distinct differences between restoring your Withdrawal Factor and resetting your Withdrawal Base and Withdrawal Factor. The similarities and differences are: Restore Provision Reset Provision - ------------------------------------- --------------------------------------- You may restore on a Contract You may reset on a Contract anniversary anniversary once during the life of periodically after your Benefit Date. this rider. You must allocate all assets to the You must allocate all assets to the Investment Strategy in effect as of Investment Strategy offered as of the the last Benefit Date prior to the date of the reset. reduction in benefits. 3 Your rider charge assessed will Your rider charge may increase, not to remain the same as the charge that exceed an annualized rate of [2.00%], was in effect as of your last Benefit calculated on a daily basis. Date prior to the reduction in benefits. Your Withdrawal Base will be the Your Withdrawal Base will be reset to lesser of the current Contract Value equal your Contract Value as of the and your prior Withdrawal Base. date of your reset. The Withdrawal Factor will be The Withdrawal Factor will be reset to restored to 100% of the original age 100% of the original age Withdrawal Withdrawal Factor. Factor. The Rider Death Benefit will be the The Rider Death Benefit will be the lesser of Contract Value and total lesser of Contract Value and total Purchase Payments less Gross Purchase Payments less Gross Withdrawals. Withdrawals. For either a restoration of your Withdrawal Factor, or a reset of your Withdrawal Base, we must receive notice of your election in a form acceptable to us at least [15] days prior to your next Contract anniversary. You may restore your Withdrawal Factor and Rider Death Benefit once during the life of this rider. You may not use the restore or reset provision if any Annuitant is older than age [85] on the Contract anniversary. We reserve the right to limit the restoration date to a Contract anniversary on or after [three] complete year[s] from the Benefit Date. Withdrawals If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Withdrawal Base and Rider Death Benefit are reduced. The new Withdrawal Base equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Withdrawal Base minus the Gross Withdrawal. The new Rider Death Benefit equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Rider Death Benefit minus the Gross Withdrawal. If the total Gross Withdrawals in a Benefit Year are less than or equal to the Withdrawal Limit, we will waive any surrender charge on the Gross Withdrawals. Required Minimum Distributions If all Contract Value is allocated to the Investment Strategy, the Withdrawal Limit will be increased for any Benefit Year to the extent necessary to meet any minimum distribution requirements under federal tax law. This increase applies only to the required minimum distribution based on the value of the Contract. Reduction in Contract Value Your Contract Value after taking a withdrawal may be less than the amount required to keep your Contract in effect. In this event or if your Contract Value becomes zero, your Contract, this rider and any other riders and endorsements will terminate and the following will occur: . If the Withdrawal Limit is less than $100, we will pay you the greatest of the Rider Death Benefit, Contract Value and the present value of the Withdrawal Limit in a lump sum calculated using the Annuity 2000 Mortality Table and an interest rate of 3%. 4 . If the Withdrawal Limit is greater than $100, we will issue you a supplemental contract. We will continue to pay you the Withdrawal Limit until the last death of an Annuitant. We will make payments monthly unless agreed otherwise. If the monthly amount is less than $100, we will reduce the frequency so that the payment will be at least $100. The Rider Death Benefit will continue under the supplemental contract. The Rider Death Benefit will be reduced by each payment made under the supplemental contract. The Rider Death Benefit, if any, will be payable on the last death of an Annuitant. Rider Death Benefit The Rider Death Benefit on the Contract Date is equal to the initial Purchase Payment. Purchase Payments in a Benefit Year increase the Rider Death Benefit. If you have allocated all assets to the Investment Strategy since the Benefit Date, any subsequent Purchase Payment will be added to the Rider Death Benefit. Otherwise, the Rider Death Benefit will be increased by (a) minus (b), where: (a) is the Purchase Payment; and (b) is the Purchase Payment multiplied by the Death Benefit Reduction Percentage. Gross Withdrawals in a Benefit Year decrease the Rider Death Benefit. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is less than or equal to the Withdrawal Limit, the Rider Death Benefit will be reduced by the Gross Withdrawal. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Rider Death Benefit will equal the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Rider Death Benefit minus the Gross Withdrawal. If you choose not to follow the Investment Strategy, your Rider Death Benefit will be reduced as described in the Investment Strategy provision. Death Provisions At the death of the last Annuitant, a Death Benefit may be payable under this Contract and rider. The amount of any Death Benefit payable will be the greatest of (a), (b) and (c), where: (a) is the Death Benefit as calculated under the base Contract; (b) is the Rider Death Benefit; and (c) is any amount payable by any other optional death benefit rider. The Death Benefit payable will be paid according to the distribution rules under the Contract. If the designated beneficiary is a surviving spouse who is not an Annuitant, whose age is [50] through [85], and who elects to continue the Contract as the new Owner, this rider will continue. The Withdrawal Base for the new Owner will be the Death Benefit determined as of the first Valuation Day we have receipt of due proof of death and all required forms at our [Home Office]. The Withdrawal Factor for the new Owner will be based on the age of that Owner on the date of the first Gross Withdrawal for that Owner. If the designated beneficiary is a surviving spouse who is an Annuitant and who elects to continue the Contract as the Owner, this rider will continue. The Withdrawal Base will be the same as it was under the Contract for the deceased Owner. If no withdrawals were taken prior to the first Valuation Day we receive due proof of death and all required forms at our Home Office, the Withdrawal Factor 5 for the surviving spouse will be established based on the attained age of the surviving spouse on the date of the first Gross Withdrawal for the surviving spouse. Otherwise, the Withdrawal Factor will continue as it was under the Contract for the deceased Owner. If the surviving spouse cannot continue the rider, the rider and the rider charge will terminate on the next Contract anniversary. Rider Charge There will be a daily asset charge for this rider. This charge is added to the Contract's daily asset charge and applied against all amounts allocated to the Subaccounts. The charge for this rider will depend upon whether the Contract is a single Annuitant or Joint Annuitant Contract. This charge is shown on the Contract Data Pages. Once applied, the Joint Annuitant charge will continue while the rider is in effect. The charge for this rider will be reset if you choose to reset your Withdrawal Base and Rider Death Benefit. The new charge, which may be higher than your previous charge, will never exceed [2.00%] annually. When this Rider is Effective The rider becomes effective on the Contract Date. It will remain in effect while this Contract is in force and before the Annuity Commencement Date. This rider may not be terminated prior to the Annuity Commencement Date. On the Annuity Commencement Date, this rider will terminate. Change of Ownership We must approve any assignment or sale of this Contract unless under a court ordered assignment. General Provisions For purposes of this rider: . A non-natural entity Owner must name an Annuitant and may name the Annuitant's spouse as a Joint Annuitant. . An individual Owner must also be an Annuitant. . You may name only your spouse as a Joint Owner. . If there is only one Owner, that Owner may name only his or her spouse as a Joint Annuitant at issue. . If you marry after issue, you may add your spouse as a Joint Owner and Joint Annuitant or as a Joint Annuitant only, subject to our approval. For Genworth Life and Annuity Insurance Company, /s/ Pamela S. Schutz ------------------------- Pamela S. Schutz President 6