CABOT CORPORATION LONG-TERM INCENTIVE PLAN Award Certificate/Election Form

Executive Compensation Plan Agreement

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Title: CABOT CORPORATION LONG-TERM INCENTIVE PLAN Award Certificate/Election Form
Date: 5/12/2008
Industry: Chemical Manufacturing Sector: Basic Materials

EXHIBIT 10.1

CABOT CORPORATION LONG-TERM INCENTIVE PLAN

Award Certificate/Election Form

(United States – Executive Officers)

«Name»

«Locn_Name»

You have been awarded the following as part of the 200_ Long-term Incentive Program under the 2006 Long-term Incentive Plan:


Number of Shares of Cabot Common Stock Awarded:

Date of the Award		May , 200 _

Closing Price Per Share of Stock on Award Date		$

Restricted Stock Purchase Price (Per Share)		$

Stock Option Exercise Price (Per Share)		$

Date Restrictions Lapse/Option Becomes Exercisable		May , 20_ [insert date three years after date of grant]

Date Stock Option Expires		May , 20_ [insert date five years from date of grant]

You must elect the form in which you would like to receive your award by checking the appropriate box below. You may elect to receive a portion of your award in restricted stock and a portion of your award in non-qualified stock options, provided such portions are in 25% increments.

FORM OF AWARD :

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