Exactly how many of these GE shares Culp would ultimately receive depended on the increase of the GE stock price during the tenure of his four-year contract, ending September 30, 2022. If GE's stock increased 50%, to $18.60, Culp would get 2.5 million GE shares, worth about $47 million. If the stock increased 150%, for instance, he'd get 7.5 million GE shares, worth about $233 million. There would be no payout for Culp if the stock did not increase at least 50%. It was a heavily incentive-based contract, rewarding Culp hugely for increasing the dormant GE stock price. "It's the best performance-oriented contract I've ever seen," CNBC's Jim Cramer said at the time. "And I don't think anyone's seen a better one."