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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 8, 1997
REGISTRATION NO. 333- O
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
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KLA-TENCOR CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 04-2564110
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(STATE OF INCORPORATION) (I.R.S. EMPLOYER IDENTIFICATION NO.)
160 RIO ROBLES, SAN JOSE, CALIFORNIA
95134
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
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TENCOR INSTRUMENTS SECOND AMENDED AND RESTATED 1984 STOCK OPTION PLAN
TENCOR INSTRUMENTS AMENDED AND RESTATED 1993 EQUITY INCENTIVE PLAN
TENCOR INSTRUMENTS 1993 NONEMPLOYEE DIRECTORS STOCK OPTION PLAN
TENCOR INSTRUMENTS 1993 EMPLOYEE STOCK PURCHASE PLAN
TENCOR INSTRUMENTS 1993 FOREIGN SUBSIDIARY EMPLOYEE STOCK PURCHASE PLAN
1983 EMPLOYEE INCENTIVE STOCK OPTION PLAN OF PROMETRIX CORPORATION
1993 EMPLOYEE INCENTIVE STOCK OPTION PLAN OF PROMETRIX CORPORATION
(FULL TITLE OF THE PLAN)
LISA C. BERRY, ESQ.
VICE PRESIDENT AND GENERAL COUNSEL
160 RIO ROBLES, SAN JOSE, CALIFORNIA 95134, (408) 434-4200
(NAME, ADDRESS, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF AGENT FOR
SERVICE)
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Copy to:
JUDITH M. O'BRIEN, ESQ.
WILSON SONSINI GOODRICH & ROSATI
PROFESSIONAL CORPORATION
650 PAGE MILL ROAD, PALO ALTO, CA, 94304-1050
(415) 493-9300
CALCULATION OF REGISTRATION FEE
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Proposed Proposed
Maximum Maximum
Amount Offering Aggregate Amount of
Title of Securities to be Price Offering Registration
to be Registered Registered (1) Per Share Price Fee
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Common Stock, $0.001 par value 3,133,335 $45.875(1) $143,741,743.13 $43,558.10
(1) Estimated in accordance with Rule 457(c) under the Securities Act
solely for the purpose of calculating the registration fee, based on
the average of the high and low price of the Registrant's stock as
reported in the Nasdaq National Market on May 1, 1997.
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KLA-TENCOR CORPORATION
REGISTRATION STATEMENT ON FORM S-8
PART II
INFORMATION REQUIRED IN REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
There are hereby incorporated by reference in this Registration
Statement the following documents and information heretofore filed by
KLA-Tencor Corporation (the "Company" or "Registrant") with the Securities and
Exchange Commission:
(a) The Registrant's Annual Report on Form 10-K for the fiscal
year ended June 30, 1996 (File No. 000-09992) pursuant to
Section 13(a) of the Securities Exchange Act of 1934, as
amended (the "Exchange Act").
(b) (1) The Registrant's quarterly report on Form 10-Q for the
quarter ended September 30, 1996 (File No. 000-09992) filed
pursuant to Section 13 of the Exchange Act.
(2) The Registrant's quarterly report on Form 10-Q for the
quarter ended December 31, 1996 (File No. 000-09992) filed
pursuant to Section 13 of the Exchange Act.
(3) The Registrant's Current Report on Form 8-K dated January 14,
1997 (File No. 000-09992) filed pursuant to Section 13 of the
Exchange Act.
(4) The Registrant's Current Report on Form 8-K dated April 15,
1997 (File No. 000-09992) filed pursuant to Section 13 of the
Exchange Act.
(c) The description of the Registrant's Common Stock as set forth
in the Registration Statement filed by the Registrant on Form
8- A on March 29, 1989 (File No. 000-09992) pursuant to
Section 12(g) of the Exchange Act and any amendments or
reports thereto filed with the Securities and Exchange
Commission for the purpose of updating such description
including Amendment No. 1 to Form 8-A filed September 25, 1995
and Amendment No. 2 to Form 8-A filed September 24, 1996.
All documents filed by the Company pursuant to Sections 13(a), 13(c),
14 and 15(d) of the Exchange Act on or after the date of this Registration
Statement and prior to the filing of a post-effective amendment which indicates
that all securities offered have been sold or which deregisters all securities
then remaining unsold shall be deemed to be incorporated by reference in this
Registration Statement and to be part hereof from the date of filing of such
documents.
ITEM 4. DESCRIPTION OF SECURITIES.
Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
Not applicable.
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ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Section 145(a) of the Delaware General Corporation Law (the "DGCL")
provides in relevant part that "[a] corporation may indemnify any person who
was or is a party or is threatened to be made a party to any threatened,
pending or completed action, suit or proceeding, whether civil, criminal,
administrative or investigative (other than an action by or in the right of the
corporation) by reason of the fact that he is or was a director, officer,
employee or agent of the corporation, or is or was serving at the request of
the corporation as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust or other enterprise, against
expenses (including attorneys' fees), judgments, fines and amounts paid in
settlement actually and reasonably incurred by him in connection with such
action, suit or proceeding if he acted in good faith and in a manner he
reasonably believed to be in or not opposed to the best interests of the
corporation, and, with respect to any criminal action or proceeding, had no
reasonable cause to believe his conduct was unlawful." With respect to
derivative actions, Section 145(b) of the DGCL provides in relevant part that
"[a] corporation may indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action or
suit by or in the right of the corporation to procure a judgment in its favor .
. . [by reason of his service in one of the capacities specified in the
preceding sentence] against expenses (including attorneys' fees) actually and
reasonably incurred by him in connection with the defense or settlement of such
action or suit if he acted in good faith and in a manner he reasonably believed
to be in or not opposed to the best interests of the corporation and except
that no indemnification shall be made in respect of any claim, issue or matter
as to which such person shall have been adjudged to be liable to the
corporation unless and only to the extent that the Court of Chancery or the
court in which such action or suit was brought shall determine upon application
that, despite the adjudication of liability but in view of all the
circumstances of the case, such person is fairly and reasonably entitled to
indemnity for such expenses which the Court of Chancery or such other court
shall deem proper."
The Company's Amended and Restated Certificate of Incorporation
provides that to the fullest extent permitted by the DGCL, no director of the
Company shall be personally liable to the Company or its stockholders for
monetary damages for breach of fiduciary duty as a director. The Amended and
Restated Certificate of Incorporation also provides that no amendment or repeal
of such provision shall apply to or have any effect on the right to
indemnification permitted thereunder with respect to claims arising from acts or
omissions occurring in whole or in part before the effective date of such
amendment or repeal whether asserted before or after such amendment or repeal.
The Company's By-Laws provide that the Company shall indemnify to the
full extent permitted by the DGCL each of its directors, officers, employees
and other agents against expenses actually and reasonably incurred in
connection with any proceeding arising by reason of the fact that such person
is or was an agent of the Company.
The Company has entered into indemnification agreements with its
directors and executive officers and intends to enter into indemnification
agreements with any new directors and executive officers in the future.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable
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ITEM 8. EXHIBITS.
Exhibit
Number Description
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4.1 Amended and Restated Certificate of Incorporation of the Registrant
4.2 By-Laws of the Registrant, as amended
4.3+ Amended and Restated Rights Agreement dated as of August 30, 1995 between
the Registrant and The First National Bank of Boston, as Rights Agent
5.1 Opinion of counsel as to legality of securities being registered
10.1 Tencor Instruments Second Amended and Restated 1984 Stock Option Plan
10.2 Tencor Instruments Amended and Restated 1993 Equity Incentive Plan
10.3 Tencor Instruments 1993 Nonemployee Directors Stock Option Plan
10.4 Tencor Instruments 1993 Employee Stock Purchase Plan
10.5 Tencor Instruments 1993 Foreign Subsidiary Employee Stock Purchase Plan
10.6 1983 Employee Incentive Stock Option Plan of Prometrix Corporation
10.7 1993 Employee Incentive Stock Option Plan of Prometrix Corporation
23.1 Consent of counsel (contained in Exhibit 5.1)
23.2 Consent of Independent Accountants
24.1 Power of Attorney (see page II-7)
+ Incorporated by reference to the Registrant's report, filed
September 24, 1996, on Form 8-A/A Amendment No. 1 to the
Registration Statement on Form 8-A (File No. 000-09992).
ITEM 9. UNDERTAKINGS.
(a) The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales
are being made, a post-effective amendment to this registration statement to
include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to
such information in the registration statement.
(2) That, for the purpose of determining any liability
under the Securities Act of 1933, each such post-effective amendment shall be
deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3) To remove from registration by means of a
post-effective amendment any of the securities being registered which remain
unsold at the termination of the offering.
(b) The undersigned registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act of 1933, each
filing of the registrant's annual report pursuant to Section 13(a) or Section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each
filing of an employee benefit plan's annual report pursuant to Section 15(d) of
the Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.
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(c) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Securities Act of 1933 and is, therefore, unenforceable. In the event
that a claim for indemnification against such liabilities (other than the
payment by the registrant of expenses incurred or paid by a director, officer
or controlling person of the registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Securities Act of 1933 and will be governed by the final
adjudication of such issue.
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SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED,
THE REGISTRANT CERTIFIES THAT IT HAS REASONABLE GROUNDS TO BELIEVE THAT IT
MEETS ALL OF THE REQUIREMENTS FOR FILING ON FORM S-8 AND HAS DULY CAUSED THIS
REGISTRATION STATEMENT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO
DULY AUTHORIZED, IN THE CITY OF SAN JOSE, STATE OF CALIFORNIA, ON THIS 5TH DAY
OF MAY, 1997.
KLA-TENCOR CORPORATION
By: /S/ KENNETH LEVY
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KENNETH LEVY
CHAIRMAN OF THE BOARD
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POWER OF ATTORNEY
KNOW ALL THESE PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Kenneth Levy and Lisa C. Berry and each
of them, jointly and severally, as his true and lawful attorneys-in-fact and
agents, each with full power of substitution for him and in his name, place and
stead in any and all capacities, to sign any and all amendments to this
Registration Statement, and to file the same, with exhibits thereto and other
documents in connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents full power and authority to do
and perform each and every act and thing requisite and necessary to be done in
and about the premises, as fully to all intents and purposes as he might or
could do in person, hereby ratifying and confirming all that each said
attorney-in-fact and agent or his substitute or substitutes, may lawfully do or
cause to be done by virtue hereof.
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED,
THIS REGISTRATION STATEMENT HAS BEEN SIGNED BY THE FOLLOWING PERSONS IN THE
CAPACITIES AND ON THE DATES INDICATED:
SIGNATURE CAPACITY DATE
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/s/ KENNETH LEVY Chairman of the Board May 5, 1997
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(Kenneth Levy)
/s/ JON D. TOMPKINS Chief Executive Officer and Director May 5, 1997
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(Jon D. Tompkins)
/s/ KENNETH L. SCHROEDER President and Director May 5, 1997
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(Kenneth L. Schroeder)
/s/ ROBERT J. BOEHLKE Chief Financial Officer May 5, 1997
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(Robert J. Boehlke)
/s/ JAMES W. BAGLEY Director May 5, 1997
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(James W. Bagley)
/s/ EDWARD W. BARNHOLT Director May 5, 1997
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(Edward W. Barnholt)
/s/ LEO J. CHAMBERLAIN Director May 5, 1997
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(Leo J. Chamberlain)
/s/ RICHARD J. ELKUS, JR. Director May 5, 1997
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(Richard J. Elkus, Jr.)
/s/ DEAN O. MORTON Director May 5, 1997
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(Dean O. Morton)
/s/ YOSHIO NISHI, PH.D. Director May 5, 1997
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(Yoshio Nishi, Ph.D.)
/s/ SAMUEL RUBINOVITZ Director May 5, 1997
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(Samuel Rubinovitz)
/s/ DAG TELLEFSEN Director May 5, 1997
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(Dag Tellefsen)
/s/ LIDA URBANEK Director May 5, 1997
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(Lida Urbanek)
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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EXHIBITS
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Registration Statement on Form S-8
KLA-TENCOR CORPORATION
May 8, 1997
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INDEX TO EXHIBITS
Exhibit Number Description
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4.1 Amended and Restated Certificate of Incorporation of the Registrant
4.2 By-Laws of the Registrant, as amended
4.3+ Amended and Restated Rights Agreement dated as of August 30, 1995 between the Registrant and
the First National Bank of Boston, as Rights Agent
5.1 Opinion of counsel as to legality of securities being registered
10.1 Tencor Instruments Second Amended and Restated 1984 Stock Option Plan
10.2 Tencor Instruments Amended and Restated 1993 Equity Incentive Plan
10.3 Tencor Instruments 1993 Nonemployee Directors Stock Option Plan
10.4 Tencor Instruments 1993 Employee Stock Purchase Plan
10.5 Tencor Instruments Foreign Subsidiary Employee Stock Purchase Plan
10.6 1983 Employee Incentive Stock Option Plan of Prometrix Corporation
10.7 1993 Employee Incentive Stock Option Plan of Prometrix Corporation
23.1 Consent of counsel (contained in Exhibit 5.1)
23.2 Consent of Independent Accountants
24.1 Power of Attorney (see page II-7)
+ Incorporated by reference to the Registrant's report, filed September 24, 1996, on
Form 8-A/A Amendment No. 1 to the Registration Statement on Form 8-A (File No. 000-09992)