Document:

GE Restricted Stock Unit Grant Agreement dated July 15, 2004

 Exhibit 10.34 
  
  
 July 15, 2004 Restricted Stock Unit Grant Agreement 
 GE 1990 Long Term Incentive
Plan 
 GE Restricted Stock Unit Grant Agreement for «Full_Name» (“Grantee”) 

 

											
	 Grant Date
	  	RSUs
Granted	  	Value on
Grant Date	  	Restriction Lapse Schedule	  	Dividend Equivalent*
	  	  	  	# RSUs	  	Lapse Date	  	Current
Annual Value
	 07/15/2004
	  	«RSUs»	  	«RSU_Value»	  	«RSU_Lapse_Amount_1»	  	07/15/2007	  	«RSU_Dividends»
		  		  		  	«RSU_Lapse_Amount_2»	  	07/15/2009	  	

  

	*	Paid periodically in cash 

 Restricted Stock Unit Grant Agreement - additional terms & conditions 
 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 1990 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 establish an amount to be paid to the Grantee (“Dividend Equivalent”) 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. The Company shall accumulate Dividend Equivalents and will pay the Grantee a cash amount equal to the Dividend Equivalents accumulated and unpaid as of each date
that restrictions lapse (without interest) reasonably promptly after such date. Notwithstanding the foregoing, any accumulated and unpaid Dividend Equivalents attributable to RSUs that are cancelled will not be paid and are immediately forfeited
upon cancellation of the RSUs. 

 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. The Committee may, in circumstances determined in its sole discretion, provide for the lapse of the above restrictions at earlier dates. 
 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.GE Stock Option Grant Agreement dated April 21, 2006

 Exhibit 10.35 
 April 21, 2006 Stock Option Grant Agreement 
 GE 1990 Long Term Incentive Plan 

 GE Stock Option Grant Agreement For (“Grantee”) 
  

												
	 Grant Date
	  	Options
Granted	  	Option
Price	  	Expiration
Date	  	Option Vesting Schedule
	  	  	  	  	# Options	  	Exercisable
Date
	 04/21/2006
	  	1,200	  	$	34.15	  	04/21/2016	  	240	  	04/21/2007
		  		  			  		  	240	  	04/21/2008
		  		  			  		  	240	  	04/21/2009
		  		  			  		  	240	  	04/21/2010
		  		  			  		  	240	  	04/21/2011

 Stock Option Grant Agreement - additional terms & conditions 
 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 1990 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.

 4. 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.

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