Company: GE
Filing Date: 2025-02-03
Form Type: S-8
Source: 0000930413-25-000307
Chunk: 3

Company: GENERAL ELECTRIC CO
Filing Date: 2025-02-03
Form: S-8
Chunk 3
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icers.

Section 726 of the NYBCL
authorizes the purchase and maintenance of insurance to indemnify (1) a corporation for any obligation which it incurs as a result
of the indemnification of directors and officers under the provisions of Article 7 of the NYBCL, (2) directors and officers in
instances in which they may be indemnified by the corporation under the provisions of Article 7 of the NYBCL, and (3) directors
and officers in instances in which they may not otherwise be indemnified by the corporation under the provisions of Article 7 of
the NYBCL, provided the contract of insurance covering such directors and officers provides, in a manner acceptable to the New
York State Superintendent of Financial Services, for a retention amount and for co-insurance.

Section 6 of the Restated
Certificate of Incorporation, as amended, of the Company provides, in part, as follows:

“A person who is or
was a director of the corporation shall have no personal liability to the corporation or its shareholders for damages for any breach
of duty in such capacity except that the foregoing shall not eliminate or limit liability where such liability is imposed under
the Business Corporation Law of the State of New York.”

Article XI of the By-Laws,
as amended, of the Company provides, in part, as follows:

A. The
Company shall, to the fullest extent permitted by applicable law as the same exists or may hereafter be in effect, indemnify any
person who is or was or has agreed to become a director or officer of the Company (hereinafter, a “director” or “officer”)
and who is or was made or threatened to be made a party to or is involved in any threatened, pending or completed action, suit,
arbitration, alternative dispute mechanism, inquiry, investigation, hearing or other proceeding (including any appeal therein),
whether civil, criminal, administrative, investigative, legislative or otherwise (hereinafter, a “proceeding”), including
an action by or in the right of the Company to procure a judgment in its favor and an action by or in the right of any other corporation
of any type or kind, domestic or foreign, or any partnership, joint venture, trust, employee benefit plan or other enterprise,
which such person is serving, has served or has agreed to serve in any capacity at the request of the Company, by reason of the
fact that he or she is or was or has agreed to become a director