Form of Performance Share Award Agreement with respect to the 2006 – 2008 Long- Term Performance Plan THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES THAT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933Performance Share Award Agreement • May 9th, 2006 • Raytheon Co/ • Search, detection, navagation, guidance, aeronautical sys • Delaware
Subject to shareholder approval of the terms of performance awards under the Long-Term Performance Plan, Raytheon Company (the “Company”) hereby grants to you, the recipient identified below, an award of stock units with respect to its common stock, par value $0.01 per share (the “Stock”), pursuant to the Raytheon 2001 Stock Plan (as amended from time to time, the “Plan”) on the following terms and conditions:
