EX-10.B
from 10-Q
5 pages
Salary: $800,000 (US Dollars) Paid Bi-Weekly Annual Executive Incentive Plan (“Aeip”): You Will Be Eligible for the Company’s Annual Executive Incentive Program or Any Successor or Replacement Program, With Each Year’s Annual Bonus Having a Target of 100% of Your Base Salary (“Aeip Target”). Payments Are Made in the Company’s and Business’s Discretion and Are Typically Based on Business Performance and Individual Performance, in Each Case Including Risk Management and Compliance. for the Performance Year 2023, You Will Be Eligible for a Pro-Rated Bonus Assuming a Start Date No Later Than October 30, 2023. Long-Term Incentive Plan (“Ltip”): The Grant Value of Your 2024 Annual Equity Award Will Be $3,500,000 (US Dollars). Ltip Awards Are Typically Granted in March Each Year, With the Award Type and Terms Determined by the Management Development and Compensation Committee of the Board of Directors. Kevin Cox Chief Administrative Officer GE Aerospace
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