Item 1.01 Entry into a Material Definitive Agreement
On April 22, 2009, the Board of Directors of Teledyne Technologies Incorporated ("Teledyne") authorized management on behalf of Teledyne to enter into individual Indemnification Agreements with directors and certain officers and executives of Teledyne, including the named executive officers identified in Teledyne's 2009 Proxy Statement. The Indemnification Agreements will provide the directors and executives who are to be parties to the Agreements with a stand-alone contractual right to indemnification and expense advancement to the greatest extent allowable under Delaware law. The description of the terms of the Indemnification Agreement is qualified by the form of Indemnification Agreement, which is attached to this filing as Exhibit 10.1 and is incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements for Certain Officers At Teledyne's 2009 Annual Meeting held on April 22, 2009, Robert P. Bozzone resigned from Teledyne's Board of Directors in accordance with Teledyne's Directors' Retirement Policy, which generally requires directors to retire at the Annual Meeting following their 75thbirthday. With Mr. Bozzone's retirement the number of Directors has been reduced to, and fixed at, nine. Item 9.01 Financial Statements and Exhibits
(d) Exhibits

Exhibit 10.1 Form of Indemnification Agreement for Directors and Officers.

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