Document:

Exhibit 10.2

    Exhibit
      10.2

    
      	
              Stock
                Option Grant Agreement 

            
	
               
                

            
	
              1.  Grant
                of Options.
                The Management Development and Compensation Committee of the Board
                of
                Directors ("Committee") of the General Electric Company ("Company")
                has
                granted Options to the individual named in this Grant Agreement
                ("Grantee"). Each Option entitles the Grantee to purchase from the
                Company
                one share of General Electric Company common stock, par value $0.06
                per
                share, at the Option Exercise Price in accordance with the terms
                of this
                Grant, the GE 2007 Long Term Incentive Plan ("Plan"), and any rules
                and
                procedures adopted by the Committee.

            
	
              2.  Exercisability
                and Expiration Date.
                Options shall become exercisable only at and after the Exercisable
                Dates,
                and shall expire on the Expiration Date, except as
                follows:

            
	
              a. Employment
                Termination Due to Death.
                If the Grantee's service with the Company or any of its affiliates
                terminates as a result of the Grantee's death, then any unexercisable
                Options shall become immediately exercisable, and any unexercised
                Options
                shall expire on the Expiration Date, provided however, that if the
                Expiration Date is less than 2 years after the Grantee's death, then
                the
                Options shall not expire until 2 years after the Grantee's
                death.

            
	
              b. Employment
                Termination Due to Transfer of Business to Successor
                Employer.
                If the Grantee's service with the Company or any of its affiliates
                terminates as a result of employment by a successor employer to which
                the
                Company has transferred a business operation, then any unexercisable
                Options shall become immediately exercisable, and any unexercised
                Options
                shall expire 5 years after termination of service or on the Expiration
                Date, whichever date occurs first, provided however, that if the
                Grantee
                dies less than 2 years before the earlier of such dates, then the
                Options
                shall not expire until 2 years after the Grantee's
                death.

            
	
              c. Employment
                Termination Less Than One Year After Grant Date.
                If the Grantee's service with the Company or any of its affiliates
                terminates for any reason other than death or due to transfer of
                business
                to successor employer before the first anniversary of the Grant Date,
                then
                all unexercised Options, whether or not exercisable on the date of
                termination, shall immediately expire upon such
                termination.

            
	
              d. Employment
                Termination More Than One Year After Grant Date.
                If, on or after the first anniversary of the Grant Date, the Grantee's
                service with the Company or any of its affiliates terminates as a
                result
                of any of the reasons set forth below, each as defined below or determined
                in accordance with rules adopted by the Committee, then the Exercisable
                Dates and Expiration Date shall be automatically adjusted as provided
                below:

            
	
               (i) Termination
                for Retirement or Total Disability.
                If (a) the Grantee is a participant in the U.S. GE Pension Plan and
                Grantee's service with the Company or any of its affiliates terminates
                as
                a result of retirement under the U.S. GE Pension Plan, or (b) the
                Grantee
                is not a participant in the U.S. GE Pension Plan and Grantee's service
                with the Company or any of its affiliates terminates as a result
                of
                retirement under another retirement plan or program of the Company
                or any
                of its affiliates on or after Grantee has attained age 60 and accumulated
                5 or more years of combined service with the Company and any of its
                affiliates, or (c) the Grantee's service with the Company or any
                of its
                affiliates terminates as a result of a total disability, i.e., the
                inability to perform any job for which the Grantee is reasonably
                suited by
                means of education, training or experience, then any unexercisable
                Options
                shall become immediately exercisable, and any unexercised Options
                shall
                expire on the Expiration Date, provided however, that if the Grantee
                dies
                less than 2 years before such Expiration Date, then the Options shall
                not
                expire until 2 years after the Grantee's death.

            
	
              (ii) Voluntary
                Termination or Termination for Cause.
                If the Grantee's service with the Company or any of its affiliates
                terminates as a result of voluntary termination or termination for
                cause,
                then all unexercised Options, whether or not exercisable on the date
                of
                termination, shall immediately expire.

            
	
               (iii) Termination
                for Layoff or Plant Closing.
                If the Grantee's service with the Company or any of its affiliates
                terminates as a result of a layoff or plant closing, each as defined
                in
                the Company's U.S. Layoff Benefit Plan, then Options covered by the
                first
                installment of this Grant shall become immediately exercisable if
                they are
                not already exercisable, and any unexercised Options shall expire
                1 year
                after termination of service or on the Expiration Date, whichever
                date
                occurs first, provided however, that if the Grantee dies before the
                earlier of such dates, then the Options shall not expire until 2
                years
                after the Grantee's death, and provided further that in no event
                shall
                Options covered by the second or later installments of this Grant
                become
                exercisable if they were not exercisable on the date of such termination
                of service.

            
	
               (iv) Termination
                Due to Other Reasons.
                If the Grantee's service with the Company or any of its affiliates
                terminates for any other reason, and the Grantee and the Company
                have not
                entered into a written separation agreement explicitly providing
                otherwise
                in accordance with rules and procedures adopted by the Committee,
                then no
                unexercisable Options shall become exercisable and any unexercised
                Options
                which are exercisable on the date of termination shall expire 3 months
                after such termination or on the Expiration Date, whichever date
                occurs
                first, provided however, that if the Grantee dies before the earlier
                of
                such dates, then the Options which are exercisable on the date of
                termination of service shall not expire until 2 years after the Grantee's
                death.

            
	
              e. Affiliate.
                For purposes of this Grant, "affiliate" shall mean (i) any entity
                that,
                directly or indirectly, is owned 50% or more by the Company and thereby
                deemed under its control and (ii) any entity in which the Company
                has a
                significant equity interest as determined by the Committee. Transfer
                of
                employment among the Company and any of its affiliates is not a
                termination of service for purposes of this Grant.

            
	
              3.  Method
                of Exercise 

            
	
              a. Notice
                and Manner of Exercise.
                The Grantee may exercise some or all of the Options then exercisable
                by
                giving the Company notice of the number of Options to be exercised
                either
                in writing or by such other means as shall be acceptable to the Company.
                At or before issuance by the Company of the shares to the Grantee
                pursuant
                to the Option exercise, the Grantee shall make payment of the Option
                Exercise Price in U.S. funds, or the equivalent thereof acceptable
                to the
                Company, at the office of the Comptroller of the Company, or such
                other
                place as may be mutually acceptable to the Company and the
                Grantee.

            
	
              b. Withholding
                Tax.
                Upon the exercise of any Option, the Grantee shall pay to or reimburse
                the
                Company for any federal, state, local or foreign taxes required to
                be
                withheld and paid over by it, at such time and upon such terms and
                conditions as the Company may prescribe.

            
	
              c. Delivery.
                Upon the receipt of all required payments from the Grantee, the Company
                thereupon shall, without additional expense to the Grantee (other
                than any
                transfer or issue taxes if the Company so elects), deliver to the
                Grantee
                by mail or otherwise at such place as the Grantee may request a
                certificate or certificates for such shares, provided however, that
                the
                date of issuance or delivery may be postponed by the Company for
                such
                period as may be required for it with reasonable diligence to comply
                with
                any applicable listing requirements of any national securities exchange
                and requirements under any law or regulation applicable to the issuance
                or
                transfer of such shares.

            
	
              d. Alteration/Termination.
                The Company shall have the right at any time in its sole discretion
                to
                amend, alter, suspend, discontinue or terminate any Options without
                the
                consent of the Grantee. Also, the Options shall be null and void
                to the
                extent the grant of Options or exercise thereof is prohibited under
                the
                laws of the country of residence of the Grantee.

            
	
              5.  Plan
                Terms.
                All terms used in this Grant have the same meaning as given such
                terms in
                the Plan, a copy of which will be furnished upon
                request.

            
	
              6.  Entire
                Agreement.
                This Grant, the Plan, and the rules and procedures adopted by the
                Committee, contain all of the provisions applicable to the Options
                and no
                other statements, documents or practices may modify, waive or alter
                such
                provisions unless expressly set forth in writing, signed by an authorized
                Officer of the Company and delivered to the Grantee.

            
	
               
                

            
	
              This
                document constitutes part of a prospectus covering securities that
                have
                been registered

              under
                the Securities Act of 1933, as amended.Exhibit 10.3

    Exhibit
      10.3

    

    

    
      	
              Restricted
                Stock Unit Grant Agreement 

               

              Annual
                Grant

            
	
               
                

            
	
              1.  Grant
                of Restricted Stock Units.
                The Management Development and Compensation Committee ("Committee")
                of the
                Board of Directors of General Electric Company ("Company") has granted
                Restricted Stock Units with Dividend Equivalents ("RSUs") to the
                individual named in this Grant Agreement ("Grantee"). Each RSU entitles
                the Grantee to receive from the Company (i) one share of General
                Electric
                Company common stock, par value $0.06 per share ("Common Stock")
                for which
                the restrictions set forth in paragraph 3 lapse in accordance with
                their
                terms, and (ii) cash payments based on dividends paid to shareholders
                of
                such stock, each in accordance with the terms of this Grant, the
                GE 2007
                Long Term Incentive Plan ("Plan"), and any rules and procedures adopted
                by
                the Committee.

            
	
              2.  Dividend
                Equivalents.
                Until such time as the following restrictions lapse, or the RSUs
                are
                cancelled, whichever occurs first, the Company will pay the Grantee
                a cash
                amount equal to the number of RSUs subject to restriction times the
                per
                share quarterly dividend payments made to shareholders of the Company's
                Common Stock, with such payments to be made reasonably promptly after
                the
                payment date of each quarterly dividend.

            
	
              3.  Restrictions.
                Restrictions on the number of RSUs specified in this Grant Agreement
                will
                lapse on the designated Restriction Lapse Dates only if the Grantee
                has
                been continuously employed by the Company or one of its affiliates
                to such
                dates. RSUs shall be immediately cancelled upon termination of employment,
                except as follows:

            
	
              a. Employment
                Termination Due to Death.
                If the Grantee's service with the Company or any of its affiliates
                terminates as a result of the Grantee's death, then restrictions
                on all
                RSUs shall immediately lapse.

            
	
              b. Employment
                Termination Due to Transfer of Business to Successor
                Employer.
                If the Grantee's service with the Company or any of its affiliates
                terminates as a result of employment by a successor employer to which
                the
                Company has transferred a business operation, then restrictions on
                all
                RSUs shall immediately lapse.

            
	
              c. Employment
                Termination More Than One Year After Grant Date.
                If, on or after the first anniversary of the Grant Date, the Grantee's
                service with the Company or any of its affiliates terminates as a
                result
                of any of the reasons set forth below, each as defined below or determined
                in accordance with rules adopted by the Committee, then restrictions
                on
                RSUs shall automatically lapse or the RSUs shall be cancelled as
                provided
                below:

            
	
               (i) Termination
                for Retirement or Total Disability.
                Restrictions on all RSUs shall immediately lapse if (a) the Grantee
                is a
                participant in the U.S. GE Pension Plan and Grantee's service with
                the
                Company or any of its affiliates terminates as a result of retirement
                under the U.S. GE Pension Plan, or (b) the Grantee is not a participant
                in
                the U.S. GE Pension Plan and Grantee's service with the Company or
                any of
                its affiliates terminates as a result of retirement under another
                retirement plan or program of the Company or any of its affiliates
                on or
                after Grantee has attained age 60 and accumulated 5 or more years
                of
                combined service with the Company and any of its affiliates, or (c)
                the
                Grantee's service with the Company or any of its affiliates terminates
                as
                a result of a total disability, i.e., the inability to perform any
                job for
                which the Grantee is reasonably suited by means of education, training
                or
                experience.

            
	
               (ii) Termination
                for Layoff or Plant Closing.
                If the Grantee's service with the Company or any of its affiliates
                terminates as a result of a layoff or plant closing, each as defined
                in
                the Company's U.S. Layoff Benefit Plan, then restrictions on RSUs
                scheduled to lapse on the first Restriction Lapse Date shall immediately
                lapse, and the remaining RSUs covered by this Grant shall be immediately
                cancelled.

            
	
              d. Affiliate.
                For purposes of this Grant, "affiliate" shall mean (i) any entity
                that,
                directly or indirectly, is owned 50% or more by the Company and thereby
                deemed under its control and (ii) any entity in which the Company
                has a
                significant equity interest as determined by the Committee. Transfer
                of
                employment among the Company and any of its affiliates is not a
                termination of service for purposes of this Grant.

            
	
              4.  Alteration/Termination
                The Company shall have the right at any time in its sole discretion
                to
                amend, alter, suspend, discontinue or terminate any RSUs without
                the
                consent of the Grantee. Also, the RSUs shall be null and void to
                the
                extent the grant of RSUs or the lapse of restrictions thereon is
                prohibited under the laws of the country of residence of the Grantee.
                Any
                RSUs for which the restrictions do not lapse in accordance with the
                terms
                in paragraph 3 above shall be cancelled.

            
	
              5.  Plan
                Terms.
                All terms used in this Grant have the same meaning as given such
                terms in
                the Plan, a copy of which will be furnished upon
                request.

            
	
              6.  Entire
                Agreement.
                This Grant, the Plan, and the rules and procedures adopted by the
                Committee contain all of the provisions applicable to the RSUs and
                no
                other statements, documents or practices may modify, waive or alter
                such
                provisions unless expressly set forth in writing, signed by an authorized
                Officer of the Company and delivered to the Grantee.

            
	
               
                

            
	
              This
                document constitutes part of a prospectus covering securities that
                have
                been registered

              under
                the Securities Act of 1933, as amended.

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