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): August 15, 2007
____________________
Tegal
Corporation
(Exact
name of Registrant as Specified in its Charter)
Delaware
(State
or
other jurisdiction
of
incorporation)
000-26824
(Commission
File
Number)
68-0370244
(I.R.S.
Employer
Identification
No.)
2201
South McDowell Boulevard
Petaluma,
CA 94954
(Address
of Principal Executive Offices)
(707)
763-5600
(Registrant’s
telephone number, including area code)
_____________________________________________________
(Former
Name or 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 communication 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)
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Pre-commencement communications pursuant to Rule 14d-2(b) under
the
Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under
the
Exchange Act (17 CFR
240.13e-4(c))
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ITEM
8.01. OTHER
EVENTS
On
August
15, 2007, Tegal Corporation (the “Company”) and its wholly owned subsidiary,
Sputtered Films, Inc. (“SFI”), executed a Mutual General Release and Settlement
Agreement (the “Settlement Agreement”) with Gonzalez & Leigh LLP
(“G&L”), one of the two law firms that represented SFI in its lawsuit
against Advanced Modular Sputtering (“AMS”), which was settled in November
2006. As previously disclosed in the Company’s SEC filings, G&L
and Keker & Van Nest LLP (“KVN”) claimed they are entitled, as a result of
the AMS settlement, to receive contingent fees from the Company
and SFI. KVN claims it is owed fees in the amount of
approximately $6.72 million; G&L had claimed that it was owed
approximately $2.25 million. Pursuant to the Settlement Agreement, the
Company paid G&L $995,000. The Company intends to seek
indemnification from KVN for the $995,000 paid to G&L.
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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Date: August
20, 2007
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TEGAL
CORPORATION
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By:
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/s/Thomas
R Mika
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Name:
Title:
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Thomas
R. Mika
Chief
Executive Officer
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