GENERAL ELECTRIC CO
EXHIBIT 10.4
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<TYPE>EX-10.4
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<DESCRIPTION>EXHIBIT 10.4
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      Exhibit 10.4
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Arial, sans-serif"><strong>Exhibit
      10.4</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Arial, sans-serif"><strong>Restricted
      Stock Unit Grant Agreement</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Arial, sans-serif"><strong>Periodic
      Retention Grants</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong>1.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 4.25pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong><u>Grant.</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">
      The Management Development and Compensation Committee (&#8220;Committee&#8221;) of the Board
      of Directors of General Electric Company (&#8220;Company&#8221;) has granted Restricted
      Stock Units with Dividend Equivalents (&#8220;RSUs&#8221;) to the named individual
      (&#8220;Grantee&#8221;). 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 (&#8220;Plan&#8221;), and any rules and procedures adopted by the
      Committee.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong>2.</strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong><u>Restricted
      Stock Units.</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">
      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.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong>3.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 4.25pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong><u>Dividend
      Equivalents.</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">
      Until the Grantee&#8217;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&#8217;s Common Stock, with such payments
      to be made reasonably promptly after the payment date of each quarterly
      dividend.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong>4.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 4.95pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong><u>Restrictions.</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">
      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&#8217;s termination of employment with the Company or any of
      its affiliates by reason of the Grantee&#8217;s death, provided the Grantee had been
      continuously employed as provided above to the date of
      termination.</font><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong>5.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 4.25pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong><u>Alteration/Termination.</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">
      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.</font><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong>6.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 4.25pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong><u>Plan
      Terms.</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">
      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.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong>7.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 4.25pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><strong><u>Entire
      Agreement.</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif">
      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.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: Arial, sans-serif"><em>This
      document constitutes part of a prospectus covering securities that have been
      registered under the Securities Act of 1933.</em></font></div>
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