| 1.   | GE      shall make income maintenance payments to GE Capital, constituting      additions to the pre-tax income of GE Capital, to the extent that such      payments are necessary to cause the ratio of earnings to fixed charges of      GE Capital and consolidated affiliates (determined on a consolidated basis      and in accordance with present SEC regulations) to be not less than 1.10      for the period, as a single aggregation, of each GE Capital fiscal year      commencing with the GE Capital fiscal year ending December 31,      1991. |
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| 2.   | This      Agreement may not be amended in a manner adverse to GE Capital unless (a)      holders of not less than 50.1% of the aggregate principal amount of senior      unsecured debt securities (with an original stated maturity in excess of      270 days) issued, or guaranteed, by GE Capital and outstanding at the time      of such proposed amendment, consent to the amendment, or (b) the amendment      does not result in a downgrade of GE Capital’s long-term ratings at the      time of such amendment (as determined by each of Moody’s Investor Service,      Inc. and Standard and Poors, a division of the McGraw-Hill      Companies). |
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| 3.   | This      Agreement is not, and nothing herein contained and nothing done pursuant      hereto by GE shall be deemed to constitute, a guaranty by GE of the      payment of any indebtedness, obligation or liability of any kind or      character whatsoever of GE Capital or any of GE Capital’s direct or      indirect subsidiaries. |
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| 4.   | This      Agreement may be terminated by five years’ prior written notice thereof      given by either party to the other and shall terminate on the date which      is the fifth anniversary of the date of such notice of      termination.  Upon such termination of this Agreement, no      further obligation on the part of GE shall thereafter arise hereunder to      make any income maintenance payment to GE  Capital. |
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| 5.   | This      Agreement shall be governed by the laws of the State of New      York. |
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| 6.   | IN      WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly      executed the day and year first abovewritten. |
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