Vector Cutout

We'll begin this tutorial, by creating a new canvas at a size of 300 x 155 with White as the Background color. Next, grab the "Rounded Rectangle Tool" with a radius of 8 or 9 pixels.

In the Layers Palette a new layer will be created after the shape has been drawn. This in turn will create what is called a "Vector Mask Thumbnail" in the Palette as illustrated in red below. Be certain that the outline of the shape is visible on the canvas by clicking this thumbnail.

Then, the vector options in the Options Palette will be available for use. You'll notice that an airplane shape ( choose your own shape here) has been selected as well as the "Subtract from shape area (-)" option which will rid from the shape the airplane.

Now simply draw over the vector shape on you canvas.

To finish this tutorial off, I've added some simple effects. Follow at will:

Now right click on the vector layer in the Layers Palette and select, "Blending Options...". Now click on "Drop Shadow".

Do not click "OK" yet. Still more to do.

Now click on "Inner Shadow".

Do not click "OK" yet. Still more to do.

Now click on "Inner Glow".

Do not click "OK" yet. Still more to do.

Now click on "Bevel and Emboss".

Do not click "OK" yet. Still more to do.

Now click on "Color Overlay".

You may now click OK.

You should now have the below image.

Next, select the "Brush Tool" with the below setting and with 5992da as the color.

Next, "Ctrl" click the vector layer in the Layers Palette to create a selection. Create a new layer and change the Blending Mode to "Color Dodge" and begin to draw a long the right and bottom edge of the selection. Then deselect the selection.

The Results!!!

To cap it off I've added a simple gloss effect. The possibilities are endless with the vector options. You can now add or remove from a vector shape while keeping it vector. I hope you enjoyed this tutorial.