In this paper, sufficient conditions are provided for the stability of switched retarded and neutral time-delay systems with polytopic-type uncertainties. It is assumed that the delay in the system dynamics is timevarying and bounded. Parameter-dependent Lyapunov functionals are employed to obtain criteria for the exponential stability of the system in the form of linear matrix inequality (LMI). Free-weighting matrices are then provided to express the relationship between the system variables and the terms in the Leibniz-Newton formula. Numerical examples are presented to show the effectiveness of the results. Each subsystem of the time-delay system (1) with fixed matrices A i ; B i is exponentially stable with the rate˛> 0 if there exist symmetric positive-definite matrices P i 2 R n n , i 2 R 3n 3n , Z i 2 R 2n 2n , a symmetric positive-semidefinite matrix Q i 2 R n n , and matrices N i ; T i of appropriate dimensions, given by