UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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): May
25, 2007
TEAM,
Inc.
(Exact
Name of Registrant as Specified in Charter)
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Texas
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001-08604
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74-1765729
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(State
or Other Jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
Incorporation)
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Identification
No.)
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200
Hermann Drive
Alvin,
Texas 77511
(Address
of Principal Executive Offices
and Zip
Code)
Registrant’s
telephone number, including area code:
(281) 331-6154
Not
Applicable
(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:
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
5.02. Departure
of a Principal Officer
On
May 25, 2007, the Company was informed that Senior Vice President - Law and
Administration, Mr. Gregory T. Sangalis, is resigning his position as an officer
of the Company effective on June 22, 2007 to join a large publicly traded company
in another industry.
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.
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TEAM,
INC.
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By: |
/s/
Philip J. Hawk |
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Philip
J. Hawk
Chairman
and CEO
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Dated:
June 1, 2007