Document:

Exhibit 4.5

 

April 22, 2020

 

Company Order and Officer’s Certificate

4.350% Notes due 2050

 

The Bank of New York Mellon, as Trustee

240 Greenwich Street

New York, New York 10286

 

Ladies and Gentlemen:

 

Officer’s Certificate under Section
301 of the Indenture

 

Pursuant to Article Three of the Indenture,
dated as of October 9, 2012 (as it may be amended or supplemented, the “Indenture”), between General Electric
Company (the “Company”) and The Bank of New York Mellon as trustee (the “Trustee”), the Board
Resolutions dated as of March 14, 1986, November 2, 1998, March 11, 2011, February 15, 2019 and April 10, 2020, and the resolutions
of the Funding Committee of the Board of Directors of the Company dated as of April 13, 2020, of which copies certified by the
Secretary or an Attesting Secretary of the Company are being delivered herewith under Section 301 of the Indenture,

 

A.        The Company’s
4.350% Notes due 2050 (the “Notes”) are hereby established. The Notes shall be in substantially the form attached
hereto as Annex 1.

 

B.        The terms
and characteristics of the Notes shall be as follows (the numbered clauses set forth below corresponding to the numbered subsections
of Section 301 of the Indenture, with terms used and not defined herein having the meanings specified in the Indenture) and as
shall be set forth in the form of Note attached hereto as Annex 1:

 

(1)        the
title of the Notes shall be “4.350% Notes due 2050”;

 

(2)        the
aggregate principal amount of Notes which may be authenticated and delivered under the Indenture shall be limited to $2,250,000,000
(except as provided in Section 301(2) of the Indenture); provided, however, that such authorized aggregate principal amount may
from time to time be increased above such amount by a Board Resolution to such effect; and provided further, that additional Notes
may not be issued under the same CUSIP number unless such additional Notes and the original Notes are fungible for U.S. federal
income tax purposes;

 

(3)        the
date on which the principal of the Notes shall be payable shall be May 1, 2050;

 

(4)        the
Notes shall bear interest at the rate of 4.350% per annum. Interest shall accrue from the original issue date of the Notes. The
Interest Payment Dates
on which such interest will be payable shall be May 1 and November 1 of each

    	 

    	

    

year, commencing on November 1, 2020. The Regular
Record Date for the determination of Holders to whom interest is payable on any such Interest Payment Date shall be April 15 and
October 15, as the case may be (in each case whether or not a Business Day) immediately preceding the related Interest Payment
Date; provided, however, that interest payable on the Maturity or on any Redemption Date shall be payable to the Person to whom
the principal of such Notes shall be payable; interest on the Notes will be computed on the basis of a 360-day year composed of
twelve 30-day months. Interest payable on any Interest Payment Date, Redemption Date or Maturity shall be the amount of interest
accrued from, and including, the next preceding Interest Payment Date in respect of which interest has been paid or duly provided
for (or from and including the original issue date of the Notes, if no interest has been paid or duly provided for with respect
to the Notes) to, but excluding, such Interest Payment Date, Redemption Date or Maturity, as the case may be;

 

(5)        (a)
the principal of and any premium or interest on the Notes shall be payable at, (b) the Notes may be presented for registration
of transfer or exchange at, and (c) notices and demands to or upon the Company in respect of the Notes and the Indenture may be
made at the Corporate Trust Office of the Trustee, currently located at 240 Greenwich Street;

 

(6)        the
Notes may be redeemed pursuant to the terms set forth in the form of the Note incorporated herein by reference. In connection with
any “make-whole” redemption, the Company shall give the Trustee notice of the related Redemption Price promptly after
the calculation thereof and the Trustee shall have no responsibility for such calculation;

 

(7)        not
applicable;

 

(8)        the
Notes shall be issuable in denominations of $2,000 and any integral multiples of $1,000 in excess thereof;

 

(9)        not
applicable

 

(10)      not
applicable;

 

(11)      not
applicable;

 

(12)      not
applicable;

 

(13)      not
applicable;

 

(14)      not
applicable;

 

(15)      not
applicable;

 

(16)      (a)
the Notes shall be issued in the form of one or more Global Securities; (b) the Depositary for such Global Security or Securities
shall be The

    	C-1-2

    	

    

Depository Trust Company (“DTC”); and (c) the procedures with respect to transfer and exchange
of Global Securities shall be as set forth in the Indenture;

 

(17)        not
applicable;

 

(18)        not
applicable;

 

(19)        not
applicable;

 

(20)        not
applicable;

 

(21)        not
applicable;

 

(22)        not
applicable;

 

(23)        not
applicable;

 

(24)        not
applicable;

 

(25)        not
applicable;

 

(26)        not
applicable; and

 

(27)        solely
with respect to the Notes, the last sentence of the first paragraph of Section 303 of the Indenture shall be amended and restated
as follows: “The signature of any of these officers on the Securities may be manual, facsimile, or electronic.” The
second paragraph of Section 303 of the Indenture shall be amended and restated as follows: “Securities bearing the manual
facsimile, or electronic signatures of individuals who were at any time the proper officers of the Company shall bind the Company,
notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery
of such Securities or did not hold such offices at the date of such Securities.” The first sentence of the last paragraph
of Section 303 of the Indenture shall be amended and restated as follows: “No Security shall be entitled to any benefit under
this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of authentication
substantially in the form provided for herein executed by the Trustee by the manual, facsimile, or electronic signature of one
of its authorized signatories, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that
such Security has been duly authenticated and delivered hereunder.”

 

Company Order under Section 303
of the Indenture

 

A.        You are
hereby requested to authenticate on the date hereof $2,250,000,000 aggregate principal amount of the Notes, represented by: (i)
Certificate No. 1 representing
an aggregate principal amount of $500,000,000 of the Notes, (ii) Certificate No. 2 representing an aggregate principal amount of
$500,000,000 of the Notes, (iii) Certificate No. 3 representing an aggregate principal amount of $500,000,000 of the Notes, (iv)

    	C-1-3

    	

    

Certificate No. 4 representing an aggregate principal amount of $500,000,000 of the Notes, and (v) Certificate No. 5 representing
an aggregate principal amount of $250,000,000 of the Notes, heretofore delivered to you and duly executed by the Company and registered
in the name of Cede & Co., as nominee of DTC in accordance with the Blanket Issuer Letter of Representations dated October
23, 2003, in the manner provided by the Indenture.

 

B.        You are
hereby requested to hold the Notes as custodian for DTC.

 

C.        Concurrently
with this Company Order, an Opinion of Counsel under Sections 102 and 303 of the Indenture is being delivered to you.

 

Officer’s Certificate under
Section 102 of the Indenture

 

The undersigned, Jennifer VanBelle, the
Senior Vice President and Treasurer of the Company, does hereby certify that:

 

(1)        I have
read the relevant portions of the Indenture, including without limitation the conditions precedent provided for therein relating
to the action proposed to be taken by the Trustee as requested in this Company Order and Officer’s Certificate, and the definitions
in the Indenture relating thereto;

 

(2)        I have
read the Board Resolutions and the Unanimous Written Consent of the Funding Committee of the Board of Directors of the Company
and the Opinion of Counsel referred to above;

 

(3)        I or
individuals under my supervision have conferred with other officers of the Company, have examined such records of the Company and
have made such other investigation as I deemed relevant for purposes of this certificate;

 

(4)        in my
opinion, I have made such examination or investigation as is necessary to enable me to express an informed opinion as to whether
or not such conditions have been complied with;

 

(5)        on the
basis of the foregoing, I am of the opinion that all conditions precedent provided for in the Indenture relating to the action
proposed to be taken by the Trustee as requested herein have been complied with; and

 

(6)        the
form and terms of the Notes have been established in conformity with the provisions of the Indenture.

 

[Signature Page Follows]

    	C-1-4

    	

    

Kindly acknowledge receipt of this Company Order and Officer’s
Certificate, including the documents listed herein, and confirm the arrangements set forth herein by signing and returning the
copy of this document attached hereto. By signing below, the Trustee agrees to the terms and conditions set forth hereinabove.

 

Very truly yours,

 

Company Order:

 

GENERAL ELECTRIC COMPANY

 

	By: 	/s/ Jennifer VanBelle	 
	Name: Jennifer VanBelle	 
	Title: Senior Vice President and Treasurer	 

 

Attest:

 

	By: /s/ Fred Robustelli	 
	Name:  	Fred Robustelli	 
	Title:	Attesting Secretary	 

 

Officer’s Certificate:

 

	By: 	/s/ Jennifer VanBelle	 
	Name: Jennifer VanBelle	 
	Title: Senior Vice President and Treasurer	 

 

Attest:

 

	By: /s/ Fred Robustelli	 
	Name:  	Fred Robustelli	 
	Title:	Attesting Secretary	 

 

[Company Order and Officer’s Certificate
– 2050 Notes]

    	 

    	

    

Acknowledged by Trustee:

 

	By: 	/s/ Rita Duggan	 
	 	Authorized Officer	 

 

[Company Order and Officer’s Certificate
– 2050 Notes]

    	 

    	

    

[Form of Note]Exhibit
4.6

 

Unless
this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”),
to the Company or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the
name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to
Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER PLEDGE OR OTHER USE
HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest
herein.

 

THIS SECURITY
IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY
OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY.

 

GENERAL
ELECTRIC COMPANY

 

3.450%
Note due 2027

 

	No. [  ]	$[          ]

 

CUSIP
No. 369604BV4

 

General
Electric Company, a corporation duly organized and existing under the laws of the State of New York (herein called the “Company,”
which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay
to CEDE & CO., or registered assigns, the principal sum of [    ] ($[          ])
on May 1, 2027, and to pay interest thereon from April 22, 2020 or from the most recent Interest Payment Date to which interest
has been paid or duly provided for, semiannually on May 1 and November 1 in each year, commencing November 1, 2020, at the rate
of 3.450% per annum, until the principal hereof is paid or made available for payment. The amount of interest payable for any period
shall be computed on the basis of twelve 30-day months and a 360-day year. In the event that any date on which interest is payable
on this Security is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding
day which is a Business Day (and without any interest or other payment in respect of any such delay) with the same force and effect
as if made on the date the payment was originally payable. A “Business Day” shall mean, when used with respect to any
Place of Payment, each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in that
Place of Payment are authorized or obligated by law or regulation to close. The interest so payable, and punctually paid or duly
provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security
(or one or more Predecessor Securities) is

    	 

    	

    

registered at the close of
business on the Regular Record Date for such interest, which shall be April 15 or October 15 (whether or not a Business Day), as
the case may be, immediately preceding such Interest Payment Date, provided that interest payable at the Maturity of the principal
hereof or on a Redemption Date shall be payable to the Person to whom the principal of this Security is paid. Any such interest
not so punctually paid or duly provided for shall forthwith cease to be payable to the Holder on such Regular Record Date and may
either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of
business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be
given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in
any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which
the Securities of this series may be listed or traded, and upon such notice as may be required by such exchange or automated quotation
system, all as more fully provided in said Indenture.

 

Payment
of the principal of (and premium, if any) and interest on this Security will be made at the office or agency of the Paying Agent
maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of
America as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option
of the Company payment of interest may be made (i) by check mailed to the address of the Person entitled thereto as such address
shall appear in the Security Register or (ii) by wire transfer in immediately available funds at such place and to such account
as may be designated in writing by the Person entitled thereto as specified in the Security Register at least fifteen days prior
to the relevant Interest Payment Date.

 

Reference
is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place.

 

Unless
the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual, facsimile
or electronic signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any
purpose.

    	 

    	

    

IN WITNESS
WHEREOF, the Company has caused this instrument to be duly executed.

 

Dated: April 22, 2020

 

	 	General Electric Company
	 	 	 
	 	By:	 
	 	 	
        Name:  

Title:    

 

Attest:

 

	 	 
	Name:  	 
	Title:    	 

    	 

    	

    

FORM
OF REVERSE OF SECURITY

 

This Security
is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued
in one or more series under an Indenture, dated as of October 9, 2012 (herein called the “Indenture,” which term shall
have the meaning assigned to it in such instrument), between the Company and The Bank of New York Mellon, as Trustee (herein called
the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities
thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are
to be, authenticated and delivered. Capitalized terms used but not defined herein shall have the meanings assigned to them in the
Indenture. This Security is one of the series designated on the face hereof, limited in aggregate principal amount to $1,000,000,000;
provided, however, that the authorized aggregate principal amount of the Securities of this series may be increased above such
amount by a Board Resolution to such effect; and provided further, that additional Securities of this series may not be issued
under the same CUSIP number unless such additional Securities and the original Securities of this series are fungible for U.S.
federal income tax purposes; and provided further, that additional Securities of this series will rank equally and ratably with
this series in all respects, or in all respects except for the payment of interest accruing prior to the issue date or except for
the first payment of interest following the issue date of those additional Securities.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time prior to the Par Call Date, as a whole or in part, at the election of the Company, at a redemption price
equal to the greater of (1) 100% of the principal amount of the Securities of this series to be redeemed; and (2) the sum of the
present values of the Remaining Scheduled Payments (as defined below) on the Securities of this series to be redeemed (exclusive
of interest accrued and unpaid to, but not including, the Redemption Date) discounted to the Redemption Date on a semiannual basis,
assuming a 360-day year consisting of twelve 30-day months, at the Treasury Rate (as defined below) plus 45 basis points; plus,
in either case, accrued and unpaid interest to, if any, but excluding, the Redemption Date.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time after the Par Call Date, as a whole or in part, at the election of the Company at a redemption price equal
to 100% of the principal amount of such Securities to be redeemed, plus accrued and unpaid interest, if any, to, but excluding,
the Redemption Date.

 

With respect
to the foregoing, “Comparable Treasury Issue” means the United States Treasury security selected by an Independent
Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Securities of this series
to be redeemed (assuming that such Securities matured on the applicable Par Call Date) that would be utilized, at the time of selection
and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity
to the remaining term of such Securities (assuming that such Securities matured on the applicable Par Call Date). “Comparable

    	 

    	

    

Treasury Price” means,
with respect to any Redemption Date, (A) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after
excluding the highest and lowest such Reference Treasury Dealer Quotations, or (B) if the Independent Investment Banker obtains
fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations. “Independent Investment Banker”
means one of the Reference Treasury Dealers appointed by the Company. “Par Call Date” means March 1, 2027. “Reference
Treasury Dealer” means each of BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BNP Paribas
Securities Corp., an affiliate of Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., which are primary U.S.
Government securities dealers in The City of New York (a “Primary Treasury Dealer”), and their respective successors
plus three other Primary Treasury Dealers selected by the Company; provided, however, that if any of the foregoing or their affiliates
ceases to be a Primary Treasury Dealer, the Company shall substitute therefor another Primary Treasury Dealer. “Reference
Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as
determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by the Reference Treasury
Dealers at 3:30 p.m. New York time on the third Business Day preceding such Redemption Date. “Remaining Scheduled Payments”
means, with respect to each Security of this series to be redeemed, the remaining scheduled payments of the principal thereof and
interest thereon that would be due after the related Redemption Date but for such redemption if such Securities matured on the
Par Call Date; provided, however, that, if such Redemption Date is not an Interest Payment Date with respect to such Securities,
the amount of the next succeeding scheduled interest payment thereon will be deemed to be reduced (solely for the purposes of this
calculation) by the amount of interest accrued thereon to such Redemption Date. “Treasury Rate” means, with respect
to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity or interpolated yield to maturity,
computed as of the third business day preceding such Redemption Date, of the applicable Comparable Treasury Issue, assuming a price
for such Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the applicable Comparable Treasury
Price for such Redemption Date.

 

In the
event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed
portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.

 

The Indenture
contains provisions for satisfaction and discharge of the entire indebtedness of this Security upon compliance by the Company with
certain conditions set forth in the Indenture.

 

The Indenture
contains provisions for defeasance at any time of the entire indebtedness of this Security or certain covenants and Events of Default
with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture.

 

If an
Event of Default with respect to the Securities of this series shall occur and be continuing, the principal of the Securities of
this series may be declared due and payable in the manner and with the effect provided in the Indenture.

    	 

    	

    

The Indenture
permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders of the Securities of all series to be affected under the Indenture at any time by
the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding
of all series to be affected, treated as one class. The Indenture also contains provisions permitting the Holders of specified
percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities
of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the
Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or
in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

 

As provided
in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding
with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder
shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this
series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have
made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
reasonable indemnity, the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this
series at the time Outstanding a direction inconsistent with such request, and the Trustee shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon
on or after the respective due dates expressed or provided for herein.

 

No reference
herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company,
which is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place
and rate, and in the coin or currency, herein prescribed.

 

As provided
in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security
Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where
the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument
of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney
duly authorized in writing, and thereupon one or more new Securities of this series and of like tenor, of authorized denominations
and for the same aggregate principal amount, will be issued to the designated transferee or transferees. No service charge shall
be made for any such registration of transfer or exchange, but the Company and the Security Registrar may require payment of a
sum sufficient to cover any tax or other governmental charge payable in connection therewith.

    	 

    	

    

Prior
to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the
Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this
Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

 

The Securities
of this series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiples of $1,000
in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series
are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized
denomination, as requested by the Holder surrendering the same.

 

All terms
used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

 

THE INDENTURE
AND THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS
OF LAWS PRINCIPLES THEREOF.

    	 

    	

    

This is
one of the Securities of the series designated therein referred to in the within mentioned Indenture.

 

	Date:  April 22, 2020	The Bank of New York Mellon,

As Trustee	 
	 	 	 	 
	 	By:	 	 
	 	 	Authorized Signatory	 

    	 

    	

    

Unless
this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”),
to the Company or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the
name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to
Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER PLEDGE OR OTHER USE
HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest
herein.

 

THIS SECURITY
IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY
OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY.

 

GENERAL
ELECTRIC COMPANY

 

3.625%
Note due 2030

 

	No. [  ]	$[        ]

 

CUSIP
No. 369604BW2

 

General
Electric Company, a corporation duly organized and existing under the laws of the State of New York (herein called the “Company,”
which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay
to CEDE & CO., or registered assigns, the principal sum of [    ] ($[          ])
on May 1, 2030, and to pay interest thereon from April 22, 2020 or from the most recent Interest Payment Date to which interest
has been paid or duly provided for, semiannually on May 1 and November 1 in each year, commencing November 1, 2020, at the rate
of 3.625% per annum, until the principal hereof is paid or made available for payment. The amount of interest payable for any period
shall be computed on the basis of twelve 30-day months and a 360-day year. In the event that any date on which interest is payable
on this Security is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding
day which is a Business Day (and without any interest or other payment in respect of any such delay) with the same force and effect
as if made on the date the payment was originally payable. A “Business Day” shall mean, when used with respect to any
Place of Payment, each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in that
Place of Payment are authorized or obligated by law or regulation to close. The interest so payable, and punctually paid or duly
provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which
shall be April 15 or October 15 (whether or not a Business Day), as the case may be, immediately

    	 

    	

    

preceding such Interest Payment
Date, provided that interest payable at the Maturity of the principal hereof or on a Redemption Date shall be payable to the Person
to whom the principal of this Security is paid. Any such interest not so punctually paid or duly provided for shall forthwith cease
to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one
or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days
prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of
any securities exchange or automated quotation system on which the Securities of this series may be listed or traded, and upon
such notice as may be required by such exchange or automated quotation system, all as more fully provided in said Indenture.

 

Payment
of the principal of (and premium, if any) and interest on this Security will be made at the office or agency of the Paying Agent
maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of
America as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option
of the Company payment of interest may be made (i) by check mailed to the address of the Person entitled thereto as such address
shall appear in the Security Register or (ii) by wire transfer in immediately available funds at such place and to such account
as may be designated in writing by the Person entitled thereto as specified in the Security Register at least fifteen days prior
to the relevant Interest Payment Date.

 

Reference
is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place.

 

Unless
the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual, facsimile
or electronic signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any
purpose.

    	 

    	

    

IN WITNESS
WHEREOF, the Company has caused this instrument to be duly executed.

 

Dated: April 22, 2020

 

	 	General Electric Company
	 	 	 
	 	By:	 
	 	 	
        Name:  

Title:   

 

Attest:

 

	 	 
	Name:  	 
	Title:    	 

    	 

    	

    

FORM
OF REVERSE OF SECURITY

 

This Security
is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued
in one or more series under an Indenture, dated as of October 9, 2012 (herein called the “Indenture,” which term shall
have the meaning assigned to it in such instrument), between the Company and The Bank of New York Mellon, as Trustee (herein called
the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities
thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are
to be, authenticated and delivered. Capitalized terms used but not defined herein shall have the meanings assigned to them in the
Indenture. This Security is one of the series designated on the face hereof, limited in aggregate principal amount to $1,250,000,000;
provided, however, that the authorized aggregate principal amount of the Securities of this series may be increased above such
amount by a Board Resolution to such effect; and provided further, that additional Securities of this series may not be issued
under the same CUSIP number unless such additional Securities and the original Securities of this series are fungible for U.S.
federal income tax purposes; and provided further, that additional Securities of this series will rank equally and ratably with
this series in all respects, or in all respects except for the payment of interest accruing prior to the issue date or except for
the first payment of interest following the issue date of those additional Securities.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time prior to the Par Call Date, as a whole or in part, at the election of the Company, at a redemption price
equal to the greater of (1) 100% of the principal amount of the Securities of this series to be redeemed; and (2) the sum of the
present values of the Remaining Scheduled Payments (as defined below) on the Securities of this series to be redeemed (exclusive
of interest accrued and unpaid to, but not including, the Redemption Date) discounted to the Redemption Date on a semiannual basis,
assuming a 360-day year consisting of twelve 30-day months, at the Treasury Rate (as defined below) plus 45 basis points; plus,
in either case, accrued and unpaid interest to, if any, but excluding, the Redemption Date.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time after the Par Call Date, as a whole or in part, at the election of the Company at a redemption price equal
to 100% of the principal amount of such Securities to be redeemed, plus accrued and unpaid interest, if any, to, but excluding,
the Redemption Date.

 

With respect
to the foregoing, “Comparable Treasury Issue” means the United States Treasury security selected by an Independent
Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Securities of this series
to be redeemed (assuming that such Securities matured on the applicable Par Call Date) that would be utilized, at the time of selection
and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity
to the remaining term of such Securities (assuming that such Securities matured on the applicable Par Call Date). “Comparable

    	 

    	

    

Treasury Price” means,
with respect to any Redemption Date, (A) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after
excluding the highest and lowest such Reference Treasury Dealer Quotations, or (B) if the Independent Investment Banker obtains
fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations. “Independent Investment Banker”
means one of the Reference Treasury Dealers appointed by the Company. “Par Call Date” means February 1, 2030. “Reference
Treasury Dealer” means each of BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BNP Paribas
Securities Corp., an affiliate of Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., which are primary U.S.
Government securities dealers in The City of New York (a “Primary Treasury Dealer”), and their respective successors
plus three other Primary Treasury Dealers selected by the Company; provided, however, that if any of the foregoing or their affiliates
ceases to be a Primary Treasury Dealer, the Company shall substitute therefor another Primary Treasury Dealer. “Reference
Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as
determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by the Reference Treasury
Dealers at 3:30 p.m. New York time on the third Business Day preceding such Redemption Date. “Remaining Scheduled Payments”
means, with respect to each Security of this series to be redeemed, the remaining scheduled payments of the principal thereof and
interest thereon that would be due after the related Redemption Date but for such redemption if such Securities matured on the
Par Call Date; provided, however, that, if such Redemption Date is not an Interest Payment Date with respect to such Securities,
the amount of the next succeeding scheduled interest payment thereon will be deemed to be reduced (solely for the purposes of this
calculation) by the amount of interest accrued thereon to such Redemption Date. “Treasury Rate” means, with respect
to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity or interpolated yield to maturity,
computed as of the third business day preceding such Redemption Date, of the applicable Comparable Treasury Issue, assuming a price
for such Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the applicable Comparable Treasury
Price for such Redemption Date.

 

In the
event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed
portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.

 

The Indenture
contains provisions for satisfaction and discharge of the entire indebtedness of this Security upon compliance by the Company with
certain conditions set forth in the Indenture.

 

The Indenture
contains provisions for defeasance at any time of the entire indebtedness of this Security or certain covenants and Events of Default
with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture.

 

If an
Event of Default with respect to the Securities of this series shall occur and be continuing, the principal of the Securities of
this series may be declared due and payable in the manner and with the effect provided in the Indenture.

    	 

    	

    

The Indenture
permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders of the Securities of all series to be affected under the Indenture at any time by
the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding
of all series to be affected, treated as one class. The Indenture also contains provisions permitting the Holders of specified
percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities
of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the
Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or
in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

 

As provided
in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding
with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder
shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this
series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have
made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
reasonable indemnity, the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this
series at the time Outstanding a direction inconsistent with such request, and the Trustee shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon
on or after the respective due dates expressed or provided for herein.

 

No reference
herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company,
which is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place
and rate, and in the coin or currency, herein prescribed.

 

As provided
in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security
Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where
the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument
of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney
duly authorized in writing, and thereupon one or more new Securities of this series and of like tenor, of authorized denominations
and for the same aggregate principal amount, will be issued to the designated transferee or transferees. No service charge shall
be made for any such registration of transfer or exchange, but the Company and the Security Registrar may require payment of a
sum sufficient to cover any tax or other governmental charge payable in connection therewith.

    	 

    	

    

Prior
to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the
Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this
Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

 

The Securities
of this series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiples of $1,000
in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series
are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized
denomination, as requested by the Holder surrendering the same.

 

All terms
used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

 

THE INDENTURE
AND THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS
OF LAWS PRINCIPLES THEREOF.

    	 

    	

    

This is
one of the Securities of the series designated therein referred to in the within mentioned Indenture.

 

	Date:  April 22, 2020	The Bank of New York Mellon,

As Trustee	 
	 	 	 	 
	 	By:	 	 
	 	 	Authorized Signatory	 

    	 

    	

    

Unless
this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”),
to the Company or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the
name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to
Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER PLEDGE OR OTHER USE
HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest
herein.

 

THIS SECURITY
IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY
OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY.

 

GENERAL
ELECTRIC COMPANY

 

4.250%
Note due 2040

 

	No. [  ]	$[        ]

 

CUSIP
No. 369604BX0

 

General
Electric Company, a corporation duly organized and existing under the laws of the State of New York (herein called the “Company,”
which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay
to CEDE & CO., or registered assigns, the principal sum of [    ] ($[          ])
on May 1, 2040, and to pay interest thereon from April 22, 2020 or from the most recent Interest Payment Date to which interest
has been paid or duly provided for, semiannually on May 1 and November 1 in each year, commencing November 1, 2020, at the rate
of 4.250% per annum, until the principal hereof is paid or made available for payment. The amount of interest payable for any period
shall be computed on the basis of twelve 30-day months and a 360-day year. In the event that any date on which interest is payable
on this Security is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding
day which is a Business Day (and without any interest or other payment in respect of any such delay) with the same force and effect
as if made on the date the payment was originally payable. A “Business Day” shall mean, when used with respect to any
Place of Payment, each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in that
Place of Payment are authorized or obligated by law or regulation to close. The interest so payable, and punctually paid or duly
provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which
shall be April 15 or October 15 (whether or not a Business Day), as the case may be, immediately

    	 

    	

    

preceding such Interest Payment
Date, provided that interest payable at the Maturity of the principal hereof or on a Redemption Date shall be payable to the Person
to whom the principal of this Security is paid. Any such interest not so punctually paid or duly provided for shall forthwith cease
to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one
or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days
prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of
any securities exchange or automated quotation system on which the Securities of this series may be listed or traded, and upon
such notice as may be required by such exchange or automated quotation system, all as more fully provided in said Indenture.

 

Payment
of the principal of (and premium, if any) and interest on this Security will be made at the office or agency of the Paying Agent
maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of
America as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option
of the Company payment of interest may be made (i) by check mailed to the address of the Person entitled thereto as such address
shall appear in the Security Register or (ii) by wire transfer in immediately available funds at such place and to such account
as may be designated in writing by the Person entitled thereto as specified in the Security Register at least fifteen days prior
to the relevant Interest Payment Date.

 

Reference
is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place.

 

Unless
the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual, facsimile
or electronic signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any
purpose.

    	 

    	

    

IN WITNESS
WHEREOF, the Company has caused this instrument to be duly executed.

 

Dated: April 22, 2020

 

	 	General Electric Company
	 	 	 
	 	By:	 
	 	 	
        Name:  

Title:    

 

Attest:

 

	 	 
	Name:  	 
	Title:    	 

    	 

    	

    

FORM
OF REVERSE OF SECURITY

 

This Security
is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued
in one or more series under an Indenture, dated as of October 9, 2012 (herein called the “Indenture,” which term shall
have the meaning assigned to it in such instrument), between the Company and The Bank of New York Mellon, as Trustee (herein called
the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities
thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are
to be, authenticated and delivered. Capitalized terms used but not defined herein shall have the meanings assigned to them in the
Indenture. This Security is one of the series designated on the face hereof, limited in aggregate principal amount to $1,500,000,000;
provided, however, that the authorized aggregate principal amount of the Securities of this series may be increased above such
amount by a Board Resolution to such effect; and provided further, that additional Securities of this series may not be issued
under the same CUSIP number unless such additional Securities and the original Securities of this series are fungible for U.S.
federal income tax purposes; and provided further, that additional Securities of this series will rank equally and ratably with
this series in all respects, or in all respects except for the payment of interest accruing prior to the issue date or except for
the first payment of interest following the issue date of those additional Securities.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time prior to the Par Call Date, as a whole or in part, at the election of the Company, at a redemption price
equal to the greater of (1) 100% of the principal amount of the Securities of this series to be redeemed; and (2) the sum of the
present values of the Remaining Scheduled Payments (as defined below) on the Securities of this series to be redeemed (exclusive
of interest accrued and unpaid to, but not including, the Redemption Date) discounted to the Redemption Date on a semiannual basis,
assuming a 360-day year consisting of twelve 30-day months, at the Treasury Rate (as defined below) plus 45 basis points; plus,
in either case, accrued and unpaid interest to, if any, but excluding, the Redemption Date.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time after the Par Call Date, as a whole or in part, at the election of the Company at a redemption price equal
to 100% of the principal amount of such Securities to be redeemed, plus accrued and unpaid interest, if any, to, but excluding,
the Redemption Date.

 

With respect
to the foregoing, “Comparable Treasury Issue” means the United States Treasury security selected by an Independent
Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Securities of this series
to be redeemed (assuming that such Securities matured on the applicable Par Call Date) that would be utilized, at the time of selection
and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity
to the remaining term of such Securities (assuming that such Securities matured on the applicable Par Call Date). “Comparable

    	 

    	

    

Treasury Price” means,
with respect to any Redemption Date, (A) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after
excluding the highest and lowest such Reference Treasury Dealer Quotations, or (B) if the Independent Investment Banker obtains
fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations. “Independent Investment Banker”
means one of the Reference Treasury Dealers appointed by the Company. “Par Call Date” means November 1, 2039. “Reference
Treasury Dealer” means each of BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BNP Paribas
Securities Corp., an affiliate of Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., which are primary U.S.
Government securities dealers in The City of New York (a “Primary Treasury Dealer”), and their respective successors
plus three other Primary Treasury Dealers selected by the Company; provided, however, that if any of the foregoing or their affiliates
ceases to be a Primary Treasury Dealer, the Company shall substitute therefor another Primary Treasury Dealer. “Reference
Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as
determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by the Reference Treasury
Dealers at 3:30 p.m. New York time on the third Business Day preceding such Redemption Date. “Remaining Scheduled Payments”
means, with respect to each Security of this series to be redeemed, the remaining scheduled payments of the principal thereof and
interest thereon that would be due after the related Redemption Date but for such redemption if such Securities matured on the
Par Call Date; provided, however, that, if such Redemption Date is not an Interest Payment Date with respect to such Securities,
the amount of the next succeeding scheduled interest payment thereon will be deemed to be reduced (solely for the purposes of this
calculation) by the amount of interest accrued thereon to such Redemption Date. “Treasury Rate” means, with respect
to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity or interpolated yield to maturity,
computed as of the third business day preceding such Redemption Date, of the applicable Comparable Treasury Issue, assuming a price
for such Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the applicable Comparable Treasury
Price for such Redemption Date.

 

In the
event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed
portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.

 

The Indenture
contains provisions for satisfaction and discharge of the entire indebtedness of this Security upon compliance by the Company with
certain conditions set forth in the Indenture.

 

The Indenture
contains provisions for defeasance at any time of the entire indebtedness of this Security or certain covenants and Events of Default
with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture.

 

If an
Event of Default with respect to the Securities of this series shall occur and be continuing, the principal of the Securities of
this series may be declared due and payable in the manner and with the effect provided in the Indenture.

    	 

    	

    

The Indenture
permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders of the Securities of all series to be affected under the Indenture at any time by
the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding
of all series to be affected, treated as one class. The Indenture also contains provisions permitting the Holders of specified
percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities
of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the
Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or
in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

 

As provided
in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding
with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder
shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this
series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have
made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
reasonable indemnity, the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this
series at the time Outstanding a direction inconsistent with such request, and the Trustee shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon
on or after the respective due dates expressed or provided for herein.

 

No reference
herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company,
which is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place
and rate, and in the coin or currency, herein prescribed.

 

As provided
in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security
Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where
the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument
of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney
duly authorized in writing, and thereupon one or more new Securities of this series and of like tenor, of authorized denominations
and for the same aggregate principal amount, will be issued to the designated transferee or transferees. No service charge shall
be made for any such registration of transfer or exchange, but the Company and the Security Registrar may require payment of a
sum sufficient to cover any tax or other governmental charge payable in connection therewith.

    	 

    	

    

Prior
to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the
Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this
Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

 

The Securities
of this series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiples of $1,000
in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series
are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized
denomination, as requested by the Holder surrendering the same.

 

All terms
used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

 

THE INDENTURE
AND THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS
OF LAWS PRINCIPLES THEREOF.

    	 

    	

    

This is
one of the Securities of the series designated therein referred to in the within mentioned Indenture.

 

	Date:  April 22, 2020	The Bank of New York Mellon,

As Trustee	 
	 	 	 	 
	 	By:	 	 
	 	 	Authorized Signatory	 

    	 

    	

    

Unless
this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”),
to the Company or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the
name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to
Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER PLEDGE OR OTHER USE
HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest
herein.

 

THIS SECURITY
IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY
OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY.

 

GENERAL
ELECTRIC COMPANY

 

4.350%
Note due 2050

 

	No. [  ]	$[          ]

 

CUSIP
No. 369604BY8

 

General
Electric Company, a corporation duly organized and existing under the laws of the State of New York (herein called the “Company,”
which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay
to CEDE & CO., or registered assigns, the principal sum of [    ] ($[          ])
on May 1, 2050, and to pay interest thereon from April 22, 2020 or from the most recent Interest Payment Date to which interest
has been paid or duly provided for, semiannually on May 1 and November 1 in each year, commencing November 1, 2020, at the rate
of 4.350% per annum, until the principal hereof is paid or made available for payment. The amount of interest payable for any period
shall be computed on the basis of twelve 30-day months and a 360-day year. In the event that any date on which interest is payable
on this Security is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding
day which is a Business Day (and without any interest or other payment in respect of any such delay) with the same force and effect
as if made on the date the payment was originally payable. A “Business Day” shall mean, when used with respect to any
Place of Payment, each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in that
Place of Payment are authorized or obligated by law or regulation to close. The interest so payable, and punctually paid or duly
provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which
shall be April 15 or October 15 (whether or not a Business Day), as the case may be, immediately

    	 

    	

    

preceding such Interest Payment
Date, provided that interest payable at the Maturity of the principal hereof or on a Redemption Date shall be payable to the Person
to whom the principal of this Security is paid. Any such interest not so punctually paid or duly provided for shall forthwith cease
to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one
or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days
prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of
any securities exchange or automated quotation system on which the Securities of this series may be listed or traded, and upon
such notice as may be required by such exchange or automated quotation system, all as more fully provided in said Indenture.

 

Payment
of the principal of (and premium, if any) and interest on this Security will be made at the office or agency of the Paying Agent
maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of
America as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option
of the Company payment of interest may be made (i) by check mailed to the address of the Person entitled thereto as such address
shall appear in the Security Register or (ii) by wire transfer in immediately available funds at such place and to such account
as may be designated in writing by the Person entitled thereto as specified in the Security Register at least fifteen days prior
to the relevant Interest Payment Date.

 

Reference
is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place.

 

Unless
the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual, facsimile
or electronic signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any
purpose.

    	 

    	

    

IN WITNESS
WHEREOF, the Company has caused this instrument to be duly executed.

 

Dated: April 22, 2020

 

	 	General Electric Company
	 	 	 
	 	By:	 
	 	 	
        Name:  

Title:    

 

Attest:

 

	 	 
	Name:  	 
	Title:    	 

    	 

    	

    

FORM
OF REVERSE OF SECURITY

 

This Security
is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued
in one or more series under an Indenture, dated as of October 9, 2012 (herein called the “Indenture,” which term shall
have the meaning assigned to it in such instrument), between the Company and The Bank of New York Mellon, as Trustee (herein called
the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities
thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are
to be, authenticated and delivered. Capitalized terms used but not defined herein shall have the meanings assigned to them in the
Indenture. This Security is one of the series designated on the face hereof, limited in aggregate principal amount to $2,250,000,000;
provided, however, that the authorized aggregate principal amount of the Securities of this series may be increased above such
amount by a Board Resolution to such effect; and provided further, that additional Securities of this series may not be issued
under the same CUSIP number unless such additional Securities and the original Securities of this series are fungible for U.S.
federal income tax purposes; and provided further, that additional Securities of this series will rank equally and ratably with
this series in all respects, or in all respects except for the payment of interest accruing prior to the issue date or except for
the first payment of interest following the issue date of those additional Securities.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time prior to the Par Call Date, as a whole or in part, at the election of the Company, at a redemption price
equal to the greater of (1) 100% of the principal amount of the Securities of this series to be redeemed; and (2) the sum of the
present values of the Remaining Scheduled Payments (as defined below) on the Securities of this series to be redeemed (exclusive
of interest accrued and unpaid to, but not including, the Redemption Date) discounted to the Redemption Date on a semiannual basis,
assuming a 360-day year consisting of twelve 30-day months, at the Treasury Rate (as defined below) plus 50 basis points; plus,
in either case, accrued and unpaid interest to, if any, but excluding, the Redemption Date.

 

The Securities
of this series are subject to redemption on at least 10 days’, but not more than 60 days’, notice by mail, at any time
and from time to time after the Par Call Date, as a whole or in part, at the election of the Company at a redemption price equal
to 100% of the principal amount of such Securities to be redeemed, plus accrued and unpaid interest, if any, to, but excluding,
the Redemption Date.

 

With respect
to the foregoing, “Comparable Treasury Issue” means the United States Treasury security selected by an Independent
Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Securities of this series
to be redeemed (assuming that such Securities matured on the applicable Par Call Date) that would be utilized, at the time of selection
and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity
to the remaining term of such Securities (assuming that such Securities matured on the applicable Par Call Date). “Comparable

    	 

    	

    

Treasury Price” means,
with respect to any Redemption Date, (A) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after
excluding the highest and lowest such Reference Treasury Dealer Quotations, or (B) if the Independent Investment Banker obtains
fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations. “Independent Investment Banker”
means one of the Reference Treasury Dealers appointed by the Company. “Par Call Date” means November 1, 2049. “Reference
Treasury Dealer” means each of BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BNP Paribas
Securities Corp., an affiliate of Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., which are primary U.S.
Government securities dealers in The City of New York (a “Primary Treasury Dealer”), and their respective successors
plus three other Primary Treasury Dealers selected by the Company; provided, however, that if any of the foregoing or their affiliates
ceases to be a Primary Treasury Dealer, the Company shall substitute therefor another Primary Treasury Dealer. “Reference
Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as
determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by the Reference Treasury
Dealers at 3:30 p.m. New York time on the third Business Day preceding such Redemption Date. “Remaining Scheduled Payments”
means, with respect to each Security of this series to be redeemed, the remaining scheduled payments of the principal thereof and
interest thereon that would be due after the related Redemption Date but for such redemption if such Securities matured on the
Par Call Date; provided, however, that, if such Redemption Date is not an Interest Payment Date with respect to such Securities,
the amount of the next succeeding scheduled interest payment thereon will be deemed to be reduced (solely for the purposes of this
calculation) by the amount of interest accrued thereon to such Redemption Date. “Treasury Rate” means, with respect
to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity or interpolated yield to maturity,
computed as of the third business day preceding such Redemption Date, of the applicable Comparable Treasury Issue, assuming a price
for such Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the applicable Comparable Treasury
Price for such Redemption Date.

 

In the
event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed
portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.

 

The Indenture
contains provisions for satisfaction and discharge of the entire indebtedness of this Security upon compliance by the Company with
certain conditions set forth in the Indenture.

 

The Indenture
contains provisions for defeasance at any time of the entire indebtedness of this Security or certain covenants and Events of Default
with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture.

 

If an
Event of Default with respect to the Securities of this series shall occur and be continuing, the principal of the Securities of
this series may be declared due and payable in the manner and with the effect provided in the Indenture.

    	 

    	

    

The Indenture
permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders of the Securities of all series to be affected under the Indenture at any time by
the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding
of all series to be affected, treated as one class. The Indenture also contains provisions permitting the Holders of specified
percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities
of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the
Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or
in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

 

As provided
in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding
with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder
shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this
series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have
made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
reasonable indemnity, the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this
series at the time Outstanding a direction inconsistent with such request, and the Trustee shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon
on or after the respective due dates expressed or provided for herein.

 

No reference
herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company,
which is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place
and rate, and in the coin or currency, herein prescribed.

 

As provided
in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security
Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where
the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument
of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney
duly authorized in writing, and thereupon one or more new Securities of this series and of like tenor, of authorized denominations
and for the same aggregate principal amount, will be issued to the designated transferee or transferees. No service charge shall
be made for any such registration of transfer or exchange, but the Company and the Security Registrar may require payment of a
sum sufficient to cover any tax or other governmental charge payable in connection therewith.

    	 

    	

    

Prior
to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the
Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this
Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

 

The Securities
of this series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiples of $1,000
in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series
are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized
denomination, as requested by the Holder surrendering the same.

 

All terms
used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

 

THE INDENTURE
AND THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS
OF LAWS PRINCIPLES THEREOF.

    	 

    	

    

This is
one of the Securities of the series designated therein referred to in the within mentioned Indenture.

 

	Date: April 22, 2020	The Bank of New York Mellon,

As Trustee	 
	 	 	 	 
	 	By:	 	 
	 	 	Authorized Signatory

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