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                                                                    Exhibit 10.1

                                MODIFICATION TO
                           LOAN AND SECURITY AGREEMENT

     This Modification to Loan and Security Agreement (the "Modification") is
entered into as of July 21, 2004, by and between InVision Technologies, a
Delaware corporation ("Borrower") and Silicon Valley Bank, a
California-chartered bank ("Bank").


1.   DESCRIPTION OF EXISTING INDEBTEDNESS. Among other Indebtedness which may be
owing by Borrower to Bank, Borrower is indebted to Bank pursuant to that certain
Loan and Security Agreement dated as of December 8, 2003 (as may be amended from
time to time, the "Loan Agreement"). The Loan Agreement provides for, among
other things, a Committed Revolving Line in the original principal amount of
Thirty Million Dollars ($30,000,000). Capitalized terms used but not otherwise
defined herein shall have the respective meanings accorded to them in the Loan
Agreement; provided, that hereinafter all Indebtedness owing by Borrower to Bank
under the Loan Agreement shall be referred to as the "Indebtedness."

2.   DESCRIPTION OF COLLATERAL AND GUARANTIES. Repayment of the Indebtedness is
secured by the Collateral as described in the Loan Agreement and herein.
Hereinafter, all documents securing repayment of the Indebtedness, together with
all other documents evidencing or securing the Indebtedness, shall be referred
to as the "Existing Loan Documents."

3.   DESCRIPTION OF CHANGE IN TERMS OF EXISTING LOAN DOCUMENTS.

     3.1  Commitment Fees. Section 2.7.2 of the Loan Agreement is hereby amended
          to read in full as follows:


          "2.7.2 Commitment Fees.

          Borrower shall pay Bank the Commitment Fee for the first year of the
          term of this Agreement as follows: (i) $52,500.00 on or before the
          Effective Date; (ii) $26,250.00 by January 19, 2004; and (iii)
          $26,250.00 by April 19, 2004. Borrower shall pay Bank the Commitment
          Fee for the remainder of the term of this Agreement as follows: (i)
          $26,250.00 by July 19, 2004; and (ii) $26,250.00 by October 19, 2004.
          Notwithstanding the foregoing, Borrower shall not be obligated to pay
          the installment of the Commitment Fee that is due if Borrower
          terminates this Agreement prior to the due date of such installment."

     3.2  Cash Collateral. Section 4 of the Loan Agreement is hereby amended to
          read in full as follows:


          "4.  GRANT OF SECURITY INTEREST.

               Borrower grants Bank a continuing security interest in all
          presently existing and later-acquired Collateral to secure all
          Obligations and the performance of each of Borrower's duties under the
          Loan Documents. Upon the closing of the Transaction (as defined in the
          Modification), Borrower shall deposit with Bank, in the form of Bank's
          certificate(s) of deposit, cash in an amount equal to 100% of the
          then-outstanding Obligations (the "Cash Collateral") and thereupon
          Bank shall release its security interest in all of the Collateral
          except the Cash Collateral. In furtherance of such release of
          Collateral, Bank shall file a UCC-3 Termination Statement as to all
          Collateral other than the Cash Collateral with the Delaware Secretary
          of State promptly after Bank's receipt of the Cash Collateral (and
          Bank hereby authorizes Borrower to file such UCC-3 if Bank fails to do
          so within ten days after Bank's receipt of the Cash Collateral) and
          shall file or deliver any other documents reasonably requested by
          Borrower to release Collateral other than Cash Collateral promptly
          upon Bank's receipt of the Cash Collateral and the written request of
          Borrower to file or deliver such other documents.

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          Borrower shall periodically increase the Cash Collateral by an amount
          equal to the amount of each subsequent Credit Extension such that at
          all times the Cash Collateral shall equal 100% of the then-outstanding
          Obligations. Except for Permitted Liens, any security interest in
          favor of Bank shall be a first-priority security interest in the
          Collateral. If this Agreement is terminated, Bank's lien and security
          interest in the Collateral will continue until Borrower fully
          satisfies its Obligations (except for the contingent indemnity
          obligations under Section 12.2 hereof that may arise after the date on
          which all Loans and other sums due and owing to Bank have been paid in
          full and Bank is under no further obligation hereunder to make Loans
          to Borrower)."

     3.3  Deposits. Section 6.6 of the Loan Agreement is hereby amended to read
          in full as follows:

          "6.6 Deposits.

               Borrower shall at all times maintain its primary operating
          accounts with Bank. In addition, Borrower shall at all times maintain
          in accounts with Bank, or an Affiliate of Bank, aggregate balances
          equal to the lesser of (i) $40,000,000 of Unrestricted Cash or (ii)
          25% of its investment balances. Upon the closing of the Transaction
          (as defined in the Modification), Borrower shall no longer be
          obligated to comply with this covenant."

     3.3  Amended Definitions. The following definitions in Section 13 of the
          Loan Agreement are hereby amended to read in full as follows:

          "COLLATERAL" is the property described on Exhibit A attached hereto,
          plus all Cash Collateral; provided that, following the deposit of the
          Cash Collateral in accordance with Section 4, the Collateral shall
          consist solely of the Cash Collateral.

          "COMMITMENT FEE" is an amount equal to $105,000 for each full year of
          the term of this Agreement, prorated for any partial year.

          "MATURITY DATE" is January 19, 2005 or, if earlier, the date on which
          Bank accelerates all Obligations of Borrower as a result of an Event
          of Default.

     3.4  Additional Defined Terms. The following defined terms are hereby added
          to Section 13 of the Loan Agreement:

          "MODIFICATION" is that certain Modification to Loan and Security
          Agreement dated as of July 21, 2004, by and between Borrower and Bank.

          "MODIFICATION FEE" is an amount equal to $8,750.00.

4.   CONSISTENT CHANGES. The Existing Loan Documents are hereby amended wherever
necessary to reflect the changes described in Section 3 hereof.

5.   NO DEFENSES OF BORROWER. Borrower agrees that, as of the date hereof, it
has no defenses against the Obligations to pay any amounts of the Indebtedness.

6.   NO BASIS FOR AN EVENT OF DEFAULT. As of the date hereof, Bank is not aware
of any basis for an Event of Default other than the Transaction described in
Section 7 hereof. Bank acknowledges its timely receipt of the Commitment Fee for
the first full year of the term of the Loan Agreement, in the aggregate amount
of $105,000.00.

7.   CONSENT TO COVENANT VIOLATIONS. Section 7.2 of the Loan Agreement provides
that Borrower shall not undergo a Change of Control and Section 7.3 of the Loan
Agreement provides that Borrower shall not merge or consolidate with any other
Person, in each case without the prior written consent of Bank. Borrower has
notified Bank that it entered into an Agreement and Plan of Merger on March 15,
2004 with General Electric Company ("GE") pursuant to which a wholly-owned
subsidiary of GE will merge with

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and into Borrower, with Borrower becoming a wholly-owned subsidiary of GE (the
"Transaction"). Bank hereby consents to the Transaction, which otherwise would
constitute a violation of Sections 7.2 and 7.3 of the Loan Agreement. Bank's
consent to the Transaction shall not limit or impair Bank's right to demand
strict performance of these covenants as set forth in the Loan Agreement
following consummation of the Transaction; nor shall such consent limit or
impair Bank's right to demand strict performance of all other covenants and
provisions of the Loan Agreement at all times. Bank's consent to the Transaction
is conditioned upon the closing of the Transaction and is not a consent to any
other transaction in which Borrower might engage. Bank's consent to the
Transaction shall in no way obligate Bank to make any future consent or waivers
under the Loan Agreement.

8.   CONTINUING VALIDITY. Borrower understands and agrees that in modifying the
Existing Loan Documents, Bank is relying upon Borrower's representations,
warranties and agreements as set forth in the Existing Loan Documents. Except as
expressly modified pursuant to this Modification, the terms of the Existing Loan
Documents remain unchanged and in full force and effect, and hereafter the
Existing Loan Documents shall include the terms of this Modification as if set
forth therein in full. Bank's agreement to modifications to the Existing Loan
Documents pursuant to this Modification shall in no way obligate Bank to make
any future modifications to the Existing Loan Documents. Nothing in this
Modification shall constitute a satisfaction of the Indebtedness or any portion
thereof. It is the intention of Bank and Borrower to retain as liable parties
all makers and endorsers of Existing Loan Documents, unless the party is
expressly released by Bank in writing. No maker, endorser, or guarantor will be
released by virtue of this Modification. The terms of this paragraph apply not
only to this Modification, but also to all subsequent loan modification
agreements.

9.   PAYMENT OF FEES AND BANK EXPENSES. Borrower agrees to pay to Bank, on the
date of this Modification, all Bank Expenses incurred in connection with Bank's
entering into this Modification, the Modification Fee and all Commitment Fees
due and owing as of such date.

     IN WITNESS WHEREOF, each of the parties hereto has caused its duly
authorized representative to execute and deliver this Modification as of the
date first set forth above.

BORROWER:                                 BANK:

INVISION TECHNOLOGIES, INC.,              SILICON VALLEY BANK,
A DELAWARE CORPORATION                    A CALIFORNIA-CHARTERED BANK


By: /s/ Ross Mulholland                   By: /s/ Quentin Falconer
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Name:                                     Name: Quentin Falconer
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Title: CFO                                Title: Senior V.P.
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