Company: TISI
Filing Date: 2025-10-09
Form Type: S-3
Source: 0001193125-25-235868
Chunk: 21

Company: TEAM INC
Filing Date: 2025-10-09
Form: S-3
Chunk 21
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 the personal liability of directors, then the liability of a director of the Company will automatically be deemed eliminated and limited to the fullest extent permitted by the DGCL as so amended. Certain Anti-Takeover Effects of Delaware Law We are subject to Section 203 of the DGCL. In general, Section 203 prohibits a publicly held Delaware corporation from engaging in various “business combination” transactions with any interested stockholder for a period of three years following the date of the transactions in which the person became an interested stockholder, unless:

| • |     | the transaction is approved by our Board of Directors prior to the date the interested stockholder obtained such 
 status;                                                                                                          |

| • |     | upon consummation of the transaction which resulted in the stockholder becoming an interested stockholder, the                         
 interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced; or |

| • |     | on or subsequent to such date the business combination is approved by our Board of Directors and authorized at an                                                       
 annual or special meeting of stockholders by the affirmative vote of at least 66 2/3% of the outstanding voting stock which is not owned by the interested stockholder. |

A “business combination” is defined to include mergers, asset sales, and other transactions resulting in financial benefit to a stockholder. In general, an “interested stockholder” is a person who, together with affiliates and associates, owns (or within three years, did own) 15% or more of a corporation’s voting stock. The statute could prohibit or delay mergers or other takeover or change in control attempts with respect to the Company and, accordingly, may discourage attempts to acquire the Company even though such a transaction may offer our stockholders the opportunity to sell their stock at a price above the prevailing market price. 11

SELLING SECURITYHOLDERS

The shares of our common stock offered under this prospectus may be offered and sold from time to time by the selling securityholders. As used
in this prospectus, the term “selling securityholders” includes the selling securityholders identified below or any of their transferees, assignees or other successors-in-interest selling shares received after the date of this prospectus
from the selling securityholders in accordance with and as may be permitted by the Registration Rights Agreement and the Warrants. The selling securityholders named below will acquire the shares of our common stock being offered under this
prospectus directly from us upon the