Company: GE
Filing Date: 2025-02-03
Form Type: S-8
Source: 0000930413-25-000307
Chunk: 5

Company: GENERAL ELECTRIC CO
Filing Date: 2025-02-03
Form: S-8
Chunk 5
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ification and
that is reasonably available to such person Upon receipt by the Company of a written request for indemnification, if required by
the New York Business Corporation Law, a determination with respect to the request shall be made (i) by the Company’s Board
of Directors, acting by a quorum

consisting of directors who are not parties
to the proceeding upon a finding that the director or officer has met the applicable standard of conduct set forth in the New York
Business Corporation Law, or (ii) if a quorum of such disinterested directors is not obtainable, or even if obtainable, if a quorum
of disinterested directors so directs, by the Company’s Board of Directors upon the opinion in writing of independent legal
counsel that indemnification is proper in the circumstances because the director or officer has met the applicable standard of
conduct set forth in the New York Business Corporation Law or by the shareholders upon a finding that such person has met such
standard of conduct. The determination of entitlement to indemnification shall be made, and such indemnification shall be paid
in full, within 90 days after a written request for indemnification has been received by the Company. Upon making a request for
indemnification, a director or officer shall be presumed to be entitled to indemnification and the burden of establishing that
a director or officer is not entitled to indemnification under this Article XI or otherwise shall be on the Company.

D. To
receive an advancement of expenses under Section B, a director or officer shall submit to the Company a written request, which
shall reasonably evidence the expenses incurred by such person and shall include the undertaking required by Section B. Expenses
shall be paid in full within 30 days after a written request for advancement has been received by the Company.

E. If
a claim for indemnification or advancement of expenses is not paid in full by the Company or on its behalf within the time frames
specified in Section C or D, as applicable, a director or officer of the Company may at any time thereafter bring suit against
the Company in a court of competent jurisdiction to recover the unpaid amount of the claim. If successful in whole or in part in
any such suit, or in a suit brought by the Company to recover an advancement of expenses pursuant to the terms of an undertaking,
such person shall be entitled to be paid also the expense of prosecuting or defending such suit. In any suit brought by a director
or officer of the Company to enforce a right to indemnification