<PAGE>
As filed with the Securities and Exchange Commission on May 8, 1995
Registration No. 33-_________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
Form S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
_________________
TEKTRONIX, INC.
(Exact name of registrant as specified in its charter)
_________________
OREGON 93-0343990
(State or other jurisdiction (IRS Employer
of incorporation or organization) Identification No.)
26600 SW Parkway
Wilsonville, Oregon 97070-1000
(Address of Principal (Zip Code)
Executive Offices)
_________________
Tektronix, Inc.
Stock Incentive Plan
Tektronix, Inc.
Non-Employee Directors Stock Compensation Plan
(Full title of plans)
John P. Karalis
Vice President, Corporate Development and Secretary
Tektronix, Inc.
26600 SW Parkway
Wilsonville, OR 97070-1000
(Name and address of agent for service)
Telephone number, including area code, of agent for service: (503) 627-7111
Copy to:
Margaret Hill Noto
Stoel Rives Boley Jones & Grey
900 SW Fifth Avenue, Suite 2300
Portland, Oregon 97204-1268
<PAGE>
<PAGE>2
<TABLE>
CALCULATION OF REGISTRATION FEE
<CAPTION>
___________________________________________________________________________
Proposed Proposed
Maximum Maximum Amount
Title of Amount Offering Aggregate of
Securities to Be Price Per Offering Registration
to Be Registered Registered Share(1) Price(1) Fee
___________________________________________________________________________
<S> <C> <C> <C> <C>
Common Shares 1,512,000 Shares(2) $45.495 $68,788,440 $23,721
no par value
___________________________________________________________________________
<FN>
(1) Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(h) under the Securities Act of 1933. The
calculation of the registration fee is based on the average of the
high and low prices of the Common Shares on the New York Stock
Exchange on May 2, 1995 as reported in The Wall Street Journal.
_______________________
(2) Includes 1,500,000 Shares to be issued pursuant to the registrant's
Stock Incentive Plan. Also includes 12,000 shares purchased or that
may be purchased in the market for purposes of the registrant's Non-
Employee Directors Stock Compensation Plan, which shares are
registered for resale under this registration agreement. A separate
prospectus prepared in accordance with the requirements of Form S-3
for use in connection with the resale by persons who may be deemed
affiliates of the registrant of shares acquired under these plans is
included in this Registration Statement.
_________________________________________________________________________
</TABLE>
<PAGE>
<PAGE>3
PROSPECTUS
TEKTRONIX, INC.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
SECURITIES AND EXCHANGE COMMISSION NOR HAS THE COMMISSION
PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
The Common Shares of Tektronix, Inc. (the "Company" or
"Tektronix") offered hereby (the "Shares") may be sold by
certain shareholders of the Company (the "Selling
Shareholders"). The Company will not receive any of the
proceeds from the offering.
The Common Shares of the Company are traded on the New
York Stock Exchange and Pacific Stock Exchange. On May 5,
1995, the closing price for the Common Shares as reported in
The Wall Street Journal was $_____ per
_______________________
share.
The Shares may be offered or sold from time to time by
the Selling Shareholders at market prices then prevailing, in
negotiated transactions or otherwise. Brokers or dealers will
receive commissions or discounts from Selling Shareholders in
amounts to be negotiated immediately prior to the sale. See
"Plan of Distribution."
________________________
No person has been authorized to give any information
or to make any representations in connection with this offering
other than those contained in this Prospectus. This Prospectus
does not constitute an offering in any jurisdiction in which
such offering may not lawfully be made.
________________________
Neither the delivery of this Prospectus nor any sale
made hereunder shall, under any circumstances, create any
implication that there has been no change in the affairs of the
Company since the respective dates as to which information has
been given herein.
________________________
The date of this Prospectus is May 8, 1995.
<PAGE>
<PAGE>4
THE COMPANY
Tektronix, an Oregon corporation, was organized in
1946 and manufactures and sells electronic equipment. The
Company's principal executive offices are located at 26600 SW
Parkway, Wilsonville, Oregon 97070. Its telephone number is
(503) 627-7111. References herein to "Tektronix" or the
"Company" are to Tektronix, Inc. and its wholly-owned
subsidiaries unless the context indicates otherwise.
AVAILABLE INFORMATION
The Company is subject to the informational
requirements of the Securities Exchange Act of 1934 and in
accordance therewith files periodic reports and other
information with the Securities and Exchange Commission (the
"SEC"). Such reports, proxy statements, and other information
concerning the Company may be inspected and copies may be
obtained at prescribed rates at the offices of the SEC,
Judiciary Plaza, 450 Fifth Street, NW, Washington, D.C. 20549,
as well as at the following regional offices: 7 World Trade
Center, Suite 1300, New York, New York 10048; and 500 West
Madison Street, Suite 1400, Chicago, Illinois 60661. The
Company has filed with the SEC a Registration Statement under
the Securities Act of 1933, as amended, with respect to the
securities offered pursuant to this Prospectus. For further
information, reference is made to the Registration Statement
and the exhibits thereto, which are available for inspection at
no fee at the public reference section of the SEC at its
principal office at Judiciary Plaza, 450 Fifth Street, NW,
Washington, D.C. 20549.
The Company hereby undertakes to provide without
charge to each person to whom a copy of this Prospectus is
delivered, upon written or oral request to John P. Karalis,
Secretary, Tektronix, Inc., Corporate Headquarters, 26600 SW
Parkway, Wilsonville, Oregon 97070-1000, telephone (503)
627-7111, copies of any and all of the information that has
been incorporated by reference into this Prospectus, other than
exhibits to such information unless such exhibits are
specifically incorporated by reference therein. The
information relating to the Company contained in this
Prospectus does not purport to be comprehensive and should be
read together with the information contained in the documents
or portions of documents incorporated by reference into this
Prospectus.
<PAGE>
<PAGE>5
SELLING SHAREHOLDERS
The following table sets forth certain information
provided to the Company by the Selling Shareholders.
<TABLE>
<CAPTION>
Common Shares Additional
beneficially Common Shares Common Shares
Names of Selling owned as of Subject to offered by this
Shareholders(1) April 1, 1995(2)(3)(4) Options(5) Prospectus
________________ ______________________ _____________ ______________
<S> <C> <C> <C>
Roy D. Barker 50,289 (6) 27,000 76,700
Daniel W. Castles 34,398 (7) 21,500 55,000
John P. Karalis 73,328 (8) 16,500 89,000
Richard I. Knight 39,385 (9) 2,500 41,136
Rudi Lamprecht 9,000 (10) 40,500 49,500
Jerome J. Meyer 329,132 (11) 37,500 365,427
Carl W. Neun 156,472 (12) 62,500 218,210
Daniel Terpack 49,255 (13) 40,500 89,000
Timothy E.
Thorsteinson 58,990 (14) 12,750 70,750
John W. Vold 33,676 (15) 18,500 51,100
Lucie J. Fjeldstad 28,034 (16) 75,000 103,034
A. Gary Ames 2,003 0 2,003
Paul E. Bragdon 3,011 (17) 0 2,411
Paul C. Ely, Jr. 4,329 (18) 0 1,829
A.M. Gleason 911 0 911
Wayland R. Hicks 1,961 0 1,961
Keith R. McKennon 2,571 0 1,571
Merrill A. McPeak 986 0 986
Jean Vollum 888,233 (19) 0 2,411
William D. Walker 115,000 (20) 0 12,411
________
<FN>
(1) All of the Selling Shareholders are directors or executive officers
of the Company.
(2) Unless otherwise indicated, each individual has sole voting and
investment power with respect to these shares.
(3) Pursuant to rules of the Securities and Exchange Commission,
includes shares that are subject to options that are exercisable or
become exercisable within 60 days.
(4) Includes shares issued under the Company's Stock Compensation Plan
for Non-Employee Directors, including unvested shares issued as
follows: Messrs. Bragdon, Gleason and Walker and Mrs. Vollum, 483
shares each; Mr. Ames, 1,003 shares; Mr. Ely, 1,098 shares;
Mr. Hicks, 785 shares; Mr. McKennon, 315 shares; and General
McPeak, 986 shares.
<PAGE>6
(5) Represents shares that are subject to options that become
exercisable in more than 60 days.
(6) Includes (i) stock options for 28,700 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 21,000 performance shares that
are subject to forfeiture to the Company under certain conditions;
and (iii) 589 shares held under the 401(k) Plan with respect to
which Mr. Barker has voting but no investment power.
(7) Includes (i) stock options for 17,000 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 16,500 performance shares that
are subject to forfeiture to the Company under certain conditions;
and (iii) 898 shares held under the 401(k) Plan with respect to
which Mr. Castles has voting but no investment power.
(8) Includes (i) stock options for 27,500 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 45,000 performance shares and
bonus shares that are subject to forfeiture to the Company under
certain conditions; and (iii) 828 shares held under the 401(k) Plan
with respect to which Mr. Karalis has voting but no investment
power.
(9) Includes (i) stock options for 32,300 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 5,000 performance shares that
are subject to forfeiture to the Company under certain conditions;
and (iii) 749 shares held under the 401(k) Plan with respect to
which Mr. Knight has voting but no investment power.
(10) Includes (i) 9,000 performance shares and bonus shares that are
subject to forfeiture to the Company under certain conditions.
(11) Includes (i) stock options for 162,500 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 100,000 performance shares and
bonus shares that are subject to forfeiture to the Company under
certain conditions; and (iii) 1,205 shares held under the 401(k)
Plan with respect to which Mr. Meyer has voting but no investment
power.
(12) Includes (i) stock options for 87,500 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 64,667 performance shares and
bonus shares that are subject to forfeiture to the Company under
certain conditions; and (iii) 762 shares held under the 401(k) Plan
with respect to which Mr. Neun has voting but no investment power.
(13) Includes (i) stock options for 27,500 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
<PAGE>7
Company's Stock Incentive Plan; (ii) 21,000 performance shares that
are subject to forfeiture to the Company under certain conditions;
and (iii) 755 shares held under the 401(k) Plan with respect to
which Mr. Terpack has voting but no performance power.
(14) Includes (i) stock options for 12,000 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 45,000 performance shares and
bonus shares that are subject to forfeiture to the Company under
certain conditions; and (iii) 990 shares held under the 401(k) Plan
with respect to which Mr. Thorsteinson has voting but no investment
power.
(15) Includes (i) stock options for 12,000 shares that are currently
exercisable or become exercisable before June 1, 1995 under the
Company's Stock Incentive Plan; (ii) 13,500 performance shares that
are subject to forfeiture to the Company under certain conditions;
and (iii) 1,076 shares held under the 401(k) Plan with respect to
which Mr. Vold has voting but no investment power.
(16) Includes (i) 28,000 bonus shares that are subject to forfeiture to
the Company under certain conditions; and (ii) 34 shares held under
the 401(k) Plan with respect to which Mrs. Fjeldstad has voting but
no investment power.
(17) Includes 600 shares owned by Mr. Bragdon jointly with his wife.
(18) Includes 2,829 shares held in trust for Mr. Ely.
(19) Includes (i) 860,233 shares held in trust for Mrs. Vollum, with
Mrs. Vollum as trustee with sole investment and voting power; and
(ii) 28,000 shares held in trust for a member of Mrs. Vollum's
family, with Mrs. Vollum as the sole trustee, for which Mrs. Vollum
disclaims beneficial ownership.
(20) Includes (i) 200 shares held by Mr. Walker's wife, with respect to
which Mr. Walker disclaims beneficial ownership, as well as 53,359
shares held in trust for members of Jean Vollum's family, with Mr.
Walker as one of three trustees, with respect to which Mr. Walker
disclaims beneficial ownership; and (ii) stock options for 10,000
shares that are currently exercisable or become exercisable before
June 1, 1995 under the Company's Stock Incentive Plan.
</TABLE>
PLAN OF DISTRIBUTION
The Shares may be sold from time to time by the
Selling Shareholders, or by pledgees, donees, transferees or
other successors in interest. Such sales may be on stock
exchanges (including the New York and Pacific Stock Exchanges)
or otherwise at prices and at terms then prevailing or at
prices related to the then current market price, or in
<PAGE>8
negotiated transactions. The Shares may be sold by one or more
of the following methods: (a) block trades in which the broker
or dealer so engaged will attempt to sell the Shares as agent
but may position and resell a portion of the block as principal
to facilitate the transaction; (b) purchases by a broker or
dealer as principal, in a market maker capacity or otherwise,
and resale by such broker or dealer for its account pursuant to
this Prospectus; and (c) ordinary brokerage transactions and
transactions in which the broker solicits purchasers. In
effecting sales, brokers or dealers engaged by the Selling
Shareholders may arrange for other brokers or dealers to
participate. Brokers or dealers will receive commissions or
discounts from the Selling Shareholders in amounts to be
negotiated immediately prior to the sale. The Selling
Shareholders, such brokers or dealers, and any other
participating brokers or dealers may be deemed to be
"underwriters" within the meaning of the Securities Act of 1933
(the "1933 Act") in connection with such sales.
Upon the Company being notified by a Selling
Shareholder that any material arrangement has been entered into
with a broker or dealer for the sale of Shares through a block
trade or any other purchase by a broker or dealer as principal,
other than a purchase as a market maker in an ordinary trading
transaction, a supplemented prospectus will be filed, if
required, pursuant to Rule 424 under the 1933 Act, disclosing
(i) the name of such Selling Shareholder and of the
participating brokers or dealers, (ii) the number of Shares
involved, (iii) the price at which such Shares will be sold,
(iv) the commission paid or discounts or concessions allowed to
such brokers or dealers, where applicable, (v) that such
brokers or dealers did not conduct any investigation to verify
the information set out or incorporated by reference in this
Prospectus, and (vi) other facts material to the transaction.
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The following documents filed with the SEC are
incorporated herein by reference:
1. The Company's latest Annual Report on Form 10-K filed
pursuant to Section 13 of the Securities Exchange Act
of 1934, as amended (the "1934 Act");
2. All other reports filed pursuant to Section 13 or
15(d) of the 1934 Act since the end of the fiscal
year covered by the Annual Report on Form 10-K
referred to in paragraph 1 above; and
3. The description of the Common Shares contained in the
Company's registration statement under section 12 of
<PAGE>9
the 1934 Act including any amendment or report
updating such description.
All reports and other documents subsequently filed by
the Company pursuant to sections 13(a), 13(c), 14, and 15(d) of
the 1934 Act prior to the termination of the offering shall be
deemed to be incorporated by reference herein and to be a part
hereof from the date of the filing of such reports and
documents.<PAGE>
<PAGE>10
EXPERTS
The consolidated financial statements and the related
consolidated financial statement schedules incorporated in this
prospectus by reference from the Company's Annual Report on
Form 10-K for the year ended May 28, 1994 have been audited by
Deloitte & Touche LLP, independent auditors, as stated in their
reports, which are incorporated herein by reference (which
express an unqualified opinion and includes an explanatory
paragraph relating to a change in method) in reliance upon the
reports of such firm given upon their authority as experts in
accounting and auditing.
<PAGE>
<PAGE>II-1
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents By Reference.
_______________________________________
The following documents filed by Tektronix, Inc. (the
"Company") with the Securities and Exchange Commission are
incorporated herein by reference:
(a) The Company's latest annual report filed
pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934 or the latest prospectus filed
pursuant to rule 424(b) under the Securities Act of 1933
that contains audited financial statements for the
Company's latest fiscal year for which such statements
have been filed.
(b) All other reports filed pursuant to Section
13(a) or 15(d) of the Securities Exchange Act of 1934
since the end of the fiscal year covered by the annual
report or prospectus referred to in (a) above.
(c) The description of the authorized capital stock
of the Company contained in the Company's registration
statement filed under section 12 of the Securities
Exchange Act of 1934, including any amendment or report
filed for the purpose of updating the description.
All reports and other documents subsequently filed by
the Company pursuant to sections 13(a) and (c), 14 and 15(d) of
the Securities Exchange Act of 1934, as amended, prior to the
filing of a post-effective amendment which indicates that all
securities offered hereby have been sold or which deregisters
all securities remaining unsold, shall be deemed to be
incorporated by reference herein and to be a part hereof from
the date of the filing of such reports and documents.
Item 4. Description of Securities.
_________________________
Not Applicable.
Item 5. Interests of Named Experts and Counsel.
______________________________________
Not Applicable.
Item 6. Indemnification of Directors and Officers.
_________________________________________
The Oregon Business Corporation Act (the "Oregon
Act") permits a corporation to include a provision in its
articles of incorporation that eliminates personal liability of
directors to the Company and its shareholders for monetary
<PAGE>II-2
damages for conduct as directors, except that no such provision
may eliminate or limit a director's liability for (a) breach of
the director's duty of loyalty in the Company or its
shareholders, (b) acts or omissions not in good faith or which
involve intentional misconduct or a knowing violation of law,
(c) an unlawful payment of a dividend or repurchase of stock or
(d) any transaction from which the director derived an improper
personal benefit. The Company's Restated Articles of
Incorporation, as amended (the "Restated Articles"), limit the
personal liability of directors to the Company and its
shareholders for monetary damages for conduct as directors to
the fullest extent permitted by the Oregon Act.
The Oregon Act and the Company's Restated Articles
and Bylaws, as amended (the "Bylaws"), contain provisions
regarding indemnification of directors and officers. In
addition, certain directors and officers have entered into
indemnity agreements (the "Indemnity Agreements") with the
Company. The general effect of the Oregon Act, the Restated
Articles, the Bylaws and the Indemnity Agreements can be
summarized as follows:
(a) The Oregon Act provides that a director or officer
who has been or is threatened to be made a defendant in a legal
proceeding because that person is or was a director or officer
of a corporation (1) shall be indemnified by the corporation
for reasonable expenses of such litigation when the director or
officer is wholly successful on the merits or otherwise, (2)
may be indemnified by the corporation for expenses, judgments,
fines, penalties and amounts paid in settlement of such
litigation (other than a derivative suit), even if the director
or officer is not successful on the merits or otherwise, if he
or she acted in good faith and in a manner he or she reasonably
believed to be in or not opposed to the best interests of the
corporation (and, in the case of a criminal proceeding, had no
reasonable cause to believe the conduct was unlawful) and (3)
may be indemnified by the corporation for expenses of a
derivative suit (a proceeding by or in the right of the
corporation), even if the director or officer is not successful
on the merits, if he or she acted in good faith and in a manner
he or she reasonably believed to be in or not opposed to the
best interests of the corporation, provided that the director
or officer is not adjudged liable to the corporation. The
indemnification described in clauses (2) and (3) above may be
made only upon a determination by (a) a majority of a quorum of
disinterested directors or a committee of disinterested
directors, (b) independent legal counsel or (c) the
shareholders that indemnification is proper because the
applicable standard of conduct has been met. The Oregon Act
authorizes the advancement of litigation expenses to a director
or officer upon receipt of a written affirmation of the
director's or officer's good faith belief that the standard of
<PAGE>II-3
conduct has been met and an undertaking by such director or
officer to repay such expenses if it is ultimately determined
that he or she is not entitled to be indemnified. The Oregon
Act authorizes a court to award additional indemnification.
The Oregon Act also authorizes a corporation to provide
officers' and directors' liability insurance and provides that
statutory indemnification rights are not exclusive of any other
right to which those indemnified may be entitled under any
bylaw, agreement, board action, vote of shareholders or
otherwise.
(b) The Company's Restated Articles and Bylaws provide
that the Company shall indemnify to the fullest extent then
permitted by law a person who is made a party to an action,
suit or proceeding, whether civil, criminal, administrative or
otherwise (including a derivative action) because that person
(1) is or was a director or officer of the Company or (2) is or
was serving at the request of the Company as a director or
officer of another corporation, partnership or enterprise. The
indemnity shall extend to all expenses, amounts paid in
settlement, judgments and fines incurred by the director or
officer.
(c) The Company has entered into Indemnity Agreements
with certain directors and officers, which require the Company
to indemnify the officer or director to the fullest extent
permitted by law. The Indemnity Agreements also alter or
clarify the statutory indemnity in the following respects,
subject to specified exceptions: (1) indemnity is explicitly
provided for settlements in derivative actions, (2) prompt
indemnification is required unless a determination is made that
the director or officer has not met the required standard, (3)
indemnification is provided with respect to a proceeding
involving a claim for breach of fiduciary duty and (4) prompt
advancement of expenses is required upon receipt of an
undertaking that the director or officer will repay such
amounts if it is ultimately determined that he or she is not
entitled to indemnification, unless a determination is made
that the director or officer has not met the required standard.
The Company has obtained insurance protecting
officers and directors against certain liabilities which they
may incur in their capacities as such.
Item 7. Exemption From Registration Claimed.
___________________________________
Not applicable.
<PAGE>II-4
Item 8. Exhibits.
________
4A Restated Articles of Incorporation, as amended,
of the Company. Incorporated by reference to
Exhibit (3) to the Company's Form 10-Q dated
September 28, 1990, SEC File No. 1-4837.
4B Bylaws, as amended, of the Company.
Incorporated by reference to Exhibit (3) to the
Company's Form 10-Q for the 13 weeks ended
February 25, 1995, SEC File No. 1-4837.
5 Opinion of Counsel.
23 Independent Auditors' Consent.
24 Power of Attorney.
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:
(i) To include any prospectus required by
section 10(a)(3) of the Securities Act of 1933;
(ii) To reflect in the prospectus any facts or
events arising after the effective date of the
registration statement (or the most recent
post-effective amendment thereof) which, individually
or in the aggregate, represent a fundamental change
in the information set forth in the registration
statement;
(iii) 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;
PROVIDED, HOWEVER, that paragraphs (a)(1)(i) and
(a)(1)(ii) do not apply if the information required to be
included in a post-effective amendment by those paragraphs
is contained in periodic reports filed by the registrant
pursuant to section 13 or section 15(d) of the Securities
Exchange Act of 1934 that are incorporated by reference in
the registration statement.
<PAGE>II-5
(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 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.
(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 Act 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 Act and will be governed by the final
adjudication of such issue.
<PAGE>
<PAGE>II-6
SIGNATURES
Pursuant to the requirements of the Securities Act of
1933, the Company 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 Wilsonville, State of Oregon, on
April 6, 1995.
TEKTRONIX, INC.
By CARL W. NEUN
____________________________________
Carl W. Neun
Vice President and
Chief Financial Officer
Pursuant to the requirements of the Securities Act of
1933, this registration statement has been signed by the
following persons in the capacities indicated on this 6th day
of April, 1995.
Signature Title
_________ _____
(1) Principal Executive Officer:
*JEROME J. MEYER Chairman and Chief
____________________________ Executive Officer and
Jerome J. Meyer Director
(2) Principal Financial and
Accounting Officer:
CARL W. NEUN Vice President
____________________________ and Chief Financial
Carl W. Neun Officer
(3) Directors:
*A. GARY AMES Director
____________________________
A. Gary Ames
*PAUL E. BRAGDON Director
____________________________
Paul E. Bragdon
*PAUL C. ELY, JR. Director
____________________________
Paul C. Ely, Jr.
<PAGE>II-7
*A.M. GLEASON Director
____________________________
A.M. Gleason
*WAYLAND R. HICKS Director
____________________________
Wayland R. Hicks
*KEITH R. McKENNON Director
____________________________
Keith R. McKennon
*MERRILL A. McPEAK Director
____________________________
Merrill A. McPeak
*JEAN VOLLUM Director
____________________________
Jean Vollum
*WILLIAM D. WALKER Director
____________________________
William D. Walker
*By CARL W. NEUN
_________________________
Carl W. Neun, Attorney-in-fact
<PAGE>
<PAGE>
EXHIBIT INDEX
Sequential
Exhibit Page
Number Document Description Number
_______ ____________________ __________
4A Restated Articles of Incorporation, ___
as amended, of the Company.
Incorporated by reference to
Exhibit (3) to the Company's Form
10-Q dated September 28, 1990,
SEC File No. 1-4837.
4B Bylaws, as amended, of the Company. ___
Incorporated by reference to
Exhibit (3) to the Company's Form
10-Q for the 13 weeks ended
February 25, 1995, SEC File No.
1-4837.
5 Opinion of Counsel.
23 Independent Auditors' Consent.
24 Power of Attorney.
<PAGE>
EXHIBIT 5
May 8, 1995
Board of Directors
Tektronix, Inc.
26600 SW Parkway
Wilsonville, OR 97070-1000
We have acted as counsel for Tektronix, Inc. (the
"Company") in connection with the filing of a Registration
Statement on Form S-8 (the "Registration Statement") under the
Securities Act of 1933, as amended, covering the issuance of an
additional 1,500,000 Common Shares, no par value, of the
Company reserved for issuance under the Stock Incentive Plan of
the Company (the "Plan") and the resale of 12,000 Common Shares
acquired or to be acquired under the Non-employee Directors
Stock Comprehension Plan (the "Directors Plan") (collectively,
the "Shares"). We have reviewed the corporate actions of the
Company in connection with this matter and have examined those
documents, corporate records, and other instruments we deemed
necessary for the purposes of this opinion.
Based on the foregoing, it is our opinion that:
1. The Company is a corporation duly organized and
validly existing under the laws of the State of Oregon; and
2. The Shares have been duly authorized, the Shares
acquired or to be acquired under the Directors Plan are legally
issued, fully paid and nonassessable and the Shares reserved
for the Plan, when issued in accordance with the Plan and
resolutions adopted by the Board of Directors of the Company,
will be legally issued, fully paid and nonassessable.
We hereby consent to the filing of this opinion as an
exhibit to the Registration Statement.
Very truly yours,
STOEL RIVES BOLEY JONES & GREY
<PAGE>
EXHIBIT 23
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this
Registration Statement of Tektronix, Inc. on Form S-8 of the
report of Deloitte & Touche dated June 23, 1994 (which
expresses an unqualified opinion and includes an explanatory
paragraph relating to a change in method of accounting for
other postretirement benefits and income taxes in the year
ended May 29, 1993), incorporated by reference in the Annual
Report on Form 10-K of Tektronix, Inc. for the year ended
May 28, 1994 and to the reference to Deloitte & Touche LLP
under the heading "Experts" in the Prospectus, which is part of
this Registration Statement.
DELOITTE & TOUCHE LLP
Portland, Oregon
April 4, 1995
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY
_________________
(S-8 Registration Statement for Stock Incentive Plan)
KNOW ALL MEN BY THESE PRESENTS, that the undersigned,
an officer and/or director of TEKTRONIX, INC., does hereby
constitute and appoint JEROME J. MEYER, CARL W. NEUN AND JOHN
P. KARALIS, and each of them, his or her true and lawful
attorney and agent to do any and all acts and things and to
execute in his or her name (whether on behalf of Tektronix,
Inc. or as an officer or director of said Company, or
otherwise) any and all instruments which said attorney and
agent may deem necessary or advisable in order to enable
Tektronix, Inc. to comply with the Securities Act of 1933, as
amended, and any requirements of the Securities and Exchange
Commission in respect thereof, in connection with the
registration under the Securities Act of 1933, as amended, of
Common Shares of Tektronix, Inc. issuable pursuant to the Stock
Incentive Plan, including specifically, but without limitation
thereto, power and authority to sign his or her name (whether
on behalf of Tektronix, Inc. or as an officer or director of
said Company, or otherwise) to a Registration Statement on Form
S-8 and any amendment thereto (including any post-effective
amendment) or application for amendment thereto in respect to
such Common Shares or any exhibits filed therewith; and to file
the same with the Securities and Exchange Commission; and the
undersigned does hereby ratify and confirm all that said
attorney and agent shall do or cause to be done by virtue
hereof.
DATED: March 15, 1995
JEROME J. MEYER
____________________________
A. GARY AMES
____________________________
PAUL E. BRAGDON
____________________________
PAUL C. ELY, JR.
____________________________
A.M. GLEASON
____________________________
WAYLAND R. HICKS
____________________________
KEITH R. McKENNON
____________________________
MERRILL A. McPEAK
____________________________
JEAN VOLLUM
____________________________
WILLIAM D. WALKER
____________________________
