There are no studies of intermittent use of antiherpetic drugs and the efficacy in preventing transmission. However, there is no reason to believe it would not work to protect an uninfected partner. It usually takes 2-3 days but sometimes up to 5 days for viral replication and shedding to be shut down completely, so you should start treatment at least 5 days before anticipated sex. The dose of 500 mg twice daily is fine, but it would be equally effective and more convenient to just take 1 g (1000 mg) once a day.
The theoretical downside is development of drug resistance in your HSV-2 strain. That risk probably is low, and in itself is not a reason not to follow through. However, it is very important you not get into a pattern of frequent starting and stopping. An on-off regimen over only a few days (3-5 days on, a few days off, then repeat) would carry a very high risk. So the dilemmat will come if or when you and your partner start seeing each other more frequently, or if you want to allow for a spontaneous/surprise visit. If these are significant possibilities, I would rather you just take the drug daily.
Oral sex is apparently fairly low risk for HSV-2. There probably will always be some small risk he could acquire HSV-2 orally by performing oral sex on you, but given the frequency of both genital HSV-2 and oral sex among sexually active people, combined with the rarity of oral herpes due to HSV-2, the transmission risk must be quite low. In any case, valacyclovir treatment should lower that risk further.
It is nice to see a level-headed perspective on genital herpes, both yours and your partners'. Definitely not the norm on this forum!
HHH, MD