SURVIVOR BENEFIT PLAN
FOR TEXTRON KEY EXECUTIVES
(As amended and restated effective July 25, 2007)
This Plan has been established for the benefit of designated Textron Key Executives to secure their goodwill,
loyalty, and achievement and to attract and retain persons of outstanding competence.
This Plan is amended and restated effective July 25, 2007, to ensure that it will be a death benefit plan that will be
exempt from Section 409A of the Internal Revenue Code.
ARTICLE I – DEFINITIONS
In this document, the following terms shall have the meanings set forth in this Article, unless a contrary or different
meaning is expressly provided:
“Base Salary” means the annual rate of base salary of a Participant from a Textron Company at
the time of the Participant’s death or termination of Textron Employment, as applicable. “Base
Salary” shall not include incentive payments, bonuses, supplemental unemployment benefits,
contributions to any profit sharing or bonus plan, or expense reimbursements. Any Base Salary,
the receipt of which by the Participant is deferred under the Textron Savings Plan or the Deferred
Income Plan for Textron Key Executives, shall be Base Salary under this Plan. The Benefits
Committee or its designee shall determine whether a particular item of income constitutes Base
Salary if a question arises.
“Beneficiary” means the person or persons entitled under this Plan to receive a Survivor Benefit
after a Participant’s death.
“Benefits Committee” means the Employee Benefits Committee of Textron.
“Board” means the Board of Directors of Textron.
“Key Executive” means an employee of a Textron Company who has been and continues to be
designated as a Key Executive under the Plan by Textron’s Chief Executive Officer and Chief
Human Resources Officer.
“Participant” means a present Key Executive or a former Key Executive who continues to be
designated a Partici