Document:

Exhibit 10.3

Exhibit 10.3

Restricted Stock Units – Periodic Retention Grants

 

Restricted Stock Unit Grant - 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 named individual ("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, (ii) quarterly
cash payments equivalent to the dividend 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.  Restricted Stock Units The Company will
deliver to the Grantee one share of General Electric Company common stock, par
value $0.06 for each RSU of the Grant for which the restrictions set forth in
paragraph 4 lapse in accordance with their terms.

3. Dividend Equivalents. Until the Grantee's
employment with the Company and its affiliates is terminated for any reason, or
until such time as the following restrictions lapse, 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.

4. Restrictions. Restrictions on the RSUs 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. The
Committee may, in circumstances determined in its sole discretion, provide for
the lapse of the above restrictions at earlier dates. Notwithstanding the
forgoing, restrictions on all RSUs will immediately lapse upon the Grantee's
termination of employment with the Company or any of its affiliates by reason of
the Grantee's death, provided the Grantee had been continuously employed as
provided above to the date of termination.

5. 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, any
RSUs for which the restrictions do not lapse in accordance with the terms in
paragraph 4 above shall be canceled.

6. Plan Terms. All terms used in this Grant have
the same meaning as given such terms in the Plan. This grant incorporates and is
subject to the provisions of the Plan, a copy of which will be furnished upon
request, and such provisions shall be deemed a part of the Grant for all
purposes.

7. Entire Agreement. This Grant, and any
documents expressly incorporated herein, 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 office 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.Exhibit 10.4

Exhibit 10.4

GE 1990 LONG TERM INCENTIVE PLAN

Grant of Contingent Long Term Performance Award

	Grant of Contingent Long Term Performance Award.
  The Management Development and Compensation Committee ("Committee") of the
  Board of Directors of General Electric Company ("Company") approved a
  Contingent Long Term Performance Award ("Award") for [NAME] ("Grantee), under
  and subject to the terms of the Company's 1990 Long Term Incentive Plan
  ("Plan"). This Award provides a potential payment to the Grantee in [PAYMENT
  DATE] that, in accordance with the terms of the Award, will be based upon the
  attainment of certain financial performance goals from [START DATE] through
  [END DATE] and the Grantee's annual total compensation rate as of [SALARY
  DATE], each as explained below.

   
	Purpose of Award and Financial Performance Goals. This
  Award was made to provide additional emphasis on and incentive for the
  attainment of the following important financial performance goals for the
  Company on an overall basis during the XXX-year performance period from [START
  DATE] through [END DATE]. 

     

	
     	

    Company Performance Goals
  for the Period [START] – [END]
	
    

  
  Financial Performance 
    Measurements	
    Threshold	
    Target	
    Maximum
	 	 	 	 
	
    Avg. Annual Revenue % Growth	
    X.X%	
    X.X%	
    X.X%
	
    Avg. Annual EPS % Growth	
    X.X%	
    X.X%	
    X.X%
	
         - excluding effect of pension on earnings	 	 	 
	
    Cumulative % Return on Total Capital	
    X.X%	
    X.X %	
    X.X%
	
    Cumulative Cash Generated (B$)	
    $XX.X	
    $XX.X	
    $XX.X

 Attainment of the performance goals will be determined solely by the Committee
and will be based on the financial performance results, adjusted for any unusual
items, of the Company, all as defined and interpreted by the Committee.

	Payment. The Award will be payable in cash, or Company common stock,
or a combination thereof, at the discretion of the Committee, to the Grantee in
[PAYMENT DATE], provided the Committee determines that the Company has attained
or exceeded at least one of its threshold goals set forth in the table above.
The table below shows the percentage of the Grantee's annual total compensation
rate as of [COMPENSATION DATE] (i.e., annual base salary rate at [SALARY DATE]
and incentive compensation earned for [IC YEAR] and paid in [IC PAYMENT DATE])
that would be payable in [PAYMENT DATE] if the specified goals were to be
precisely attained (i.e., threshold, target or maximum) for all of the
financial performance measurements set forth in the table above. 

	 	
    Threshold	
    Target	
    Maximum
	
    Potential Payment as % of 	 	 	 
	
    Annual Total Compensation Rate	
    XXX%	
    XXX%	
    XXX%

  In calculating the actual amount of the payment, if any,
  that will be payable hereunder, each of the performance measurements will be
  weighted equally (i.e., 25%), and payment will be prorated if financial
  performance falls between goals. Payment will be reduced by any taxes that
  must be paid or withheld as determined by the Company.

  
   
  
  	Alteration/Termination. The Award will be cancelled if the
  Grantee's employment with the Company or any of its affiliates terminates
  before the payment of the Award for any reason other than death, retirement or
  disability. In addition, the Committee shall have the right at any time in its
  sole discretion to waive any provisions of, or amend, alter, suspend,
  discontinue or terminate the Award without the consent of the Grantee. 

   
	Plan Terms Incorporated. All terms used in this Award have the
  same meaning as given such terms in the Plan. This Award incorporates the
  provisions of the Plan, a copy of which will be furnished upon request, and
  such provisions shall be deemed a part of the grant for all purposes. 
  

   

  	Modification, Waiver or Amendment. This Award and the Plan contain
  all of the provisions applicable to the Award granted herein and no other
  statements, documents or practices may modify, waive or alter such provisions
  unless expressly set forth in writing, authorized by the Committee, and
  delivered to the Grantee.

   

  	Acknowledgement and Agreement. The undersigned Grantee hereby
  acknowledges receipt of this Award and agrees to the terms herein. Without in
  any way limiting the authority of the Committee with respect to this Award,
  including Section 4 hereof, the Grantee agrees that:

  	If, prior to the payment of the Award, the Grantee voluntarily
    terminates employment, or if the Grantee is removed from his or her position
    for any reason, the Grantee will not be entitled to any payment under this
    Award.

  	If the Grantee retires, becomes disabled, or dies prior to [END DATE]
    and would have received a payment under this Award, but for such retirement,
    disability, or death, the Grantee or the Grantee's estate in the case of
    death, will be given a pro-rata payment in [PAYMENT DATE], based on the
    number of months worked during the performance period, subject to the
    discretion of the Committee to reduce or cancel such payment.

  	Interpretation and Application of Terms. Any and all
  determinations with respect to the interpretation and application of this
  Award, including the attainment or measurement of performance goals and the
  determination of the Grantee's right to, or the amount (if any) of, any
  payment pursuant hereto, shall lie solely with the Committee. All such
  determinations are final and binding upon the Grantee, their estate, and any
  person seeking to assert a claim through or on their behalf, and neither the
  Grantee nor any other person shall have any right to appeal such
  determinations.

                                   

	 	General Electric Company
	 	[DATE]
	
	
	Grantee's Signature	 
	
	 
	DateExhibit 10.5

Exhibit 10.5

Grant Date: XXX

Restriction Lapse Date: XXX

Value on Grant Date: XXX

Dividend Equivalents: XXX

Performance Stock Unit Grant Certificate - additional terms

  	PSU Grant. The Management Development and Compensation Committee
  ("Committee") of the Board of Directors of General Electric Company
  ("Company") has granted Performance Stock Units with Dividend Equivalents
  ("PSUs") to the named individual ("Grantee"). Each PSU 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 each PSU for which the
  restrictions set forth in paragraph 3 lapse in accordance with their terms,
  and (ii) quarterly cash payments equivalent to the dividend 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. 

   

  	Dividend Equivalents. Until the Grantee's employment with the
  Company is terminated for any reason, or until such time as the following
  restrictions lapse, whichever occurs first, the Company will pay the Grantee
  on a quarterly basis a cash amount equal to the number of PSUs 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.

   

 
  
	Restrictions/Performance Goals. Restrictions on XX% of the PSUs
  shall lapse on the Restriction Lapse Date if (i) the Grantee has been
  continuously employed by the Company to such date and (ii) the Company's
  Average Annual Total Shareowner % Return ("TSR") is equal to or exceeds the
  Average Annual Total Shareowner % Return for the S&P 500 companies ("S&P 500
  TSR") for the XX-year period of [START DATE] to [END DATE]. Restrictions on
  the other XX% of the PSUs shall lapse on the Restriction Lapse Date if (i) the
  Grantee has been continuously employed by the Company to such date and (ii)
  the Company's average annual % growth in Cash Flow from Operating Activities
  ("CFOA"), adjusted to exclude the effect of unusual events, is equal to or
  exceeds XX% for the XX-year period of [START DATE] to [END DATE]. Measurement
  of TSR and CFOA shall be determined in accordance with the customary
  accounting and financial reporting practices utilized by the Company according
  to Generally Accepted Accounting Principles (GAAP). PSUs for which
  restrictions do not lapse in accordance with this paragraph shall be
  immediately cancelled.

    
	Alteration/Termination. The Company shall have the right at any
  time in its sole discretion to amend, alter, suspend, discontinue or terminate
  any PSUs without the consent of the Grantee.

    
	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.

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

This document constitutes part of a prospectus covering
securities that have been registered under the Securities Act of 1933.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}]]