UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 7, 2006
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TEAM, Inc.
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(Exact Name of Registrant as Specified in Charter)
Texas 001-08604 74-1765729
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
200 Hermann Drive
Alvin, Texas 77511
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(Address of Principal Executive Offices and Zip Code)
Registrant's telephone number, including area code: (281) 331-6154
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Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate line below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
__ Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
__ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
__ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
__ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition
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On August 7, 2006, TEAM, Inc. disseminated a press release announcing its
financial results for the fourth quarter and full fiscal year of 2006. A copy of
such press release is furnished herewith as Exhibit 99.1.
The information furnished in this Current Report on Form 8-K, including
Exhibit 99.1, is being furnished pursuant to Item 2.02 of Form 8-K and shall not
be deemed "filed" with the Securities and Exchange Commission and will not be
incorporated by reference into any registration statement filed under the
Securities Act of 1933, as amended, unless specifically identified therein as
being incorporated by reference.
Item 9.01. Financial Statements and Exhibits
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(c) Exhibits. The following exhibit is furnished as part of Item 2.02 of
this Current Report on Form 8-K:
Exhibit number Description
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99.1 TEAM, Inc.'s Press Release dated August 7, 2006
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TEAM, INC.
By: /s/ Ted W. Owen
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Ted W. Owen
Senior Vice President - Chief Financial
Officer
Dated: August 7, 2006
EXHIBIT INDEX
Exhibit number Description
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99.1 TEAM, Inc.'s Press Release dated August 7, 2006