Definitive Additional Materials

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14A INFORMATION

(Rule 14a-101)

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.    )

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¨ Definitive Proxy Statement

 

x Definitive Additional Materials

 

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Cabot Corporation

(Name of Registrant as Specified In Its Charter)


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Explanatory Note

Prior to printing its Notice and Proxy Statement for its 2011 Annual Meeting of Stockholders, Cabot Corporation (the “Company”) found a typographical error in the table in its Definitive Proxy Statement filed with the SEC on January 28, 2011. On page 36 under the heading “2010 Short-Term Incentive Plan Company Targets and Results,” the number of days that would have resulted in a payment at the maximum level on the basis of the Company’s net working capital measured in days performance should have read 103 days, and not 107 days. All other numbers and amounts in the table remained unchanged. The table on page 36 of the Notice and Proxy Statement that will be mailed to stockholders and posted on the Company’s web site has been amended in its entirety to read as follows:

2010 Short-Term Incentive Plan Company Targets and Results

 

     Threshold
Level
     Target Level      Maximum
Level
     2010 Results      Percent
Payout
 

Adjusted EBITDA

   $ 250 million       $ 300 million       $ 350 million       $ 442 million         200

Net Working Capital Measured in Days

     114 days         111 days         103 days         94 days         200