TEAM INC TISI

election_required = True...ARES, AND I TENDER ALL OF MY SHARES, WILL I BE SUBJECT TO PRORATION? If you own beneficially or of record less than 100 shares (other than shares held in our Employee Plans, which will not have priority), tender all of them before the tender offer expires and complete the section entitled "Odd Lots" in the Letter of Transmittal, we will purchase all of your shares without subjecting them to the proration procedure. See Section 1. WHEN WILL YOU PAY FOR THE SHARES I TENDER? We will pay the purchase price, net in cash, without interest, for the shares we purchase promptly after the expiration of the tender offer and our acceptance of the shares for payment. See Se...

expiry = 2001-06-06....txt OFFER TO PURCHASE 1 EXHIBIT (a)(1)(A) TEAM, INC. OFFER TO PURCHASE FOR CASH UP TO 1,200,000 SHARES OF ITS COMMON STOCK AT $3.00 PER SHARE THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JUNE 6, 2001, UNLESS THE TENDER OFFER IS EXTENDED. Team, Inc. is offering to purchase, for a price of $3.00 per share in cash, up to 1,200,000 shares of its common stock, under the terms and conditions set forth in this document and the related Letter...

mechanism = FIXED...on Stock, or if less than 1,200,000 of shares are properly tendered and not properly withdrawn in accordance with Section 4 before the scheduled expiration date of the tender offer, all shares that are properly tendered and not properly withdrawn, at a single purchase price of $3.00 per share, net to the seller in cash, without interest. The term "expiration date" means 12:00 midnight, New York City time, on Wednesday, June 6, 2001, unless and until we, in our sole discretion, extend the period of time during which the tender offer will remain open, in which event the term "expiration date" refers to the latest time and date...

price = USD 3.0...erly withdrawn in accordance with Section 4 before the scheduled expiration date of the tender offer, all shares that are properly tendered and not properly withdrawn, at a single purchase price of $3.00 per share, net to the seller in cash, without interest. The term "expiration date" means 12:00 midnight, New York City time, on Wednesday, June 6, 2001, unless and until we, in our sole discretion, extend the period of time durin...

threshold = 100...s practicable after the expiration of the tender offer. We reserve the right to purchase all shares duly tendered by any shareholder who tenders all shares owned beneficially or of record and who, as a result of proration, would then beneficially or of record own an aggregate of fewer than 100 shares. If you own beneficially or of record less than 100 shares (other than shares held in the Team, Inc. Salary Deferral Plan ("401(k) Plan") and Employee Stock Ownership Plan ("ESOP;" collectively, the 401(k) Plan and the ESOP are referred to as the "Employee Plans"), which will not be entitled to priority), properly tender all of them befo...

txn_type = TENDER_OFFEREX-99.A1.A 2 h86386ex99-a1_a.txt OFFER TO PURCHASE 1 EXHIBIT (a)(1)(A) TEAM, INC. OFFER TO PURCHASE FOR CASH UP TO 1,200,000 SHARES OF ITS COMMON STOCK AT $3.00 PER SHARE THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JUNE 6, 2001, UNLESS THE TENDER OFFER IS EXTENDED. Team, Inc. is offering to purchase, for a pric...