Exhibit 10.1 H
NOTICE OF GRANT OF PERFORMANCE SHARE UNITS
AND PERFORMANCE SHARE UNIT AGREEMENT
Effective «Grant_Date», pursuant to the 2007 Long-Term Incentive Plan (the “Plan”), you have been granted
«PSU» Performance Share Units, which constitute the right to receive, if earned pursuant to their terms, the cash
equivalent of a number of shares of Common Stock of Textron Inc. determined by a formula and valued as
provided in the Performance Share Unit Terms and Conditions (2/2009).
This grant is governed by the Performance Share Unit Terms and Conditions (2/2009) and the Plan (both of
which are available on the Textron Enterprise Intranet) and is subject to the Performance Share Unit Non-
Competition Agreement (2/2009 version) attached hereto.
The Performance Period is the period beginning with Fiscal Year 2009 and ending with Fiscal Year 2011.
Separate performance measures will be established for each fiscal year within the Performance Period, and the
performance measures for each fiscal year will apply to one third of the Performance Share Units granted for the
Performance Period. The Committee has discretion to reduce the number of units earned for annual performance
in each fiscal year. In determining whether to reduce the number of units earned for annual performance in each
fiscal year, the Committee expects to apply guidelines based on cumulative performance for all three fiscal years
in the Performance Period; but the Committee has discretion to make a downward adjustment that is larger or
smaller than the reduction indicated in the guidelines.
The attached document « PSU_Grant_ » shows the performance measures and units you can earn based on
annual performance for Fiscal Year 2009, which apply to one third of the Performance Share Units granted to
you in this award. Performance measures and units you can earn for Fiscal Year 2010 and Fiscal Year 2011 will
be established and communicated to you during the first 90 days of each fiscal year.
The attached document also shows t