Edgar Filing: KLA TENCOR CORP

KLA-TENCOR CORPORATION

Date: September 25, 2007

/s/ JEFFREY L. HALL

Jeffrey L. Hall

Chief Financial Officer

Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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): September 20, 2007

KLA-TENCOR CORPORATION

(Exact name of registrant specified in its charter)

Delaware

000-09992

04-2564110

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)


One Technology Drive, Milpitas, California		95035
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone, including area code: (408) 875-3000

Former address of principal executive offices:

160 Rio Robles, San Jose, California 95134

(Former name and former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	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 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In its meeting held on September 20, 2007, the independent members of the Board of Directors of KLA-Tencor Corporation (the “Company”) approved an amendment to the Company’s Executive Severance Plan (the “Plan”) to correct the formula used for calculating the “Prorated Annual Incentive” payable to Plan participants upon certain events of termination of employment, so that the proration of the applicable bonus amount will be calculated on the basis of the number of days elapsed in the Company’s fiscal year (as opposed to the calendar year, as previously and erroneously drafted). The amendment replaced the term “calendar year” with the term “fiscal year” in the definition of “Prorated Annual Incentive.”

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.