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<TITLE>Novellus Systems, Inc. Form S-8</TITLE>
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<P align="center"><FONT size="2">As filed with the Securities and Exchange Commission on June&nbsp;4, 2002
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<P align="right"><FONT size="2">Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>
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<P align="center"><FONT size="2"><B>SECURITIES AND EXCHANGE COMMISSION</B><BR>
Washington, D.C. 20549</FONT>

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<P align="center"><FONT size="2"><B>FORM S-8<BR>
REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</B></FONT>

<P align="center"><FONT size="2"><B><font size="5">NOVELLUS SYSTEMS, INC.</font></B><BR>
(Exact name of registrant as specified in its charter)</FONT>

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        <TD align="center" valign="top"><FONT size="2"><B>California</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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<B>77-0024666</B></FONT></TD>
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        <TD align="center" valign="top"><FONT size="2">(State or other jurisdiction of</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
(I.R.S. Employer</FONT></TD>
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        <TD align="center" valign="top"><FONT size="2">incorporation or organization)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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Identification No.)</FONT></TD>
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<P align="center"><FONT size="2">4000 North First Street<BR>
San Jose, CA 95134<BR>
(Address of Principal Executive Office Including Zip Code)</FONT>

<P align="center"><FONT size="2"><B>Novellus Systems, Inc. Amended and Restated 1992 Stock Option Plan<BR>
Novellus Systems, Inc. Amended and Restated 1992 Employee Stock Purchase Plan<BR>
Novellus Systems, Inc. 2001 Stock Incentive Plan<BR>
Novellus Systems, Inc. 2001 Non-Qualified Stock Option Plan<BR>
Novellus Systems, Inc. 401(k) Plan<BR>
GaSonics International Corporation 1994 Stock Option/Stock Issuance Plan<BR>
Gamma Precision Technology 1998 Stock Option Plan<BR>
GaSonics International Corporation 2000 Supplemental Stock Option Plan<BR>
(collectively the &#147;Novellus Plans&#148;)</B><BR>
(Full titles of the plans)</FONT>

<P align="center"><FONT size="2">Kevin S. Royal<BR>
Vice President and Chief Financial Officer<BR>
Novellus Systems, Inc.<BR>
4000 North First Street<BR>
San Jose, CA 95134<BR>
(Name and address of agent for service)</FONT>

<P align="center"><FONT size="2">(408)&nbsp;943-9700<BR>
(Telephone number, including area code, of agent for service)</FONT>

<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B></FONT>

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        <TD width="3%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="12%">&nbsp;</TD>
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        <TD width="13%">&nbsp;</TD>
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        <TD width="6%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="7%">&nbsp;</TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">Proposed maximum</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">Proposed maximum</FONT></TD>
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        <TD nowrap align="center"><FONT size="1">Title of securities</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">Amount to be</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">offering price per</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">aggregate offering</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">Amount of</FONT></TD>
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        <TD nowrap align="center"><FONT size="1">to be registered</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">registered(1)</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">share (2)</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">price (1)(2)</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1">registration fee(1)</FONT></TD>
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        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Common Stock,
no par value</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">31,896,675</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">42.495</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">309,746,055.00</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">28,496.64</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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      <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
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        <TD width="96%"><FONT size="2">Of the 31,896,675 shares of Common Stock (the &#147;Shares&#148;) being registered:</FONT></TD>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp; 7,289,000 (not previously registered) Shares are being registered as
follows:
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<P align="center"><FONT size="2">&nbsp;
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;1,000,000 Shares issuable under the Novellus Systems, Inc. Amended and
Restated 1992 Employee Stock Purchase Plan.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;139,000 Shares issuable under the Novellus Systems, Inc. GaSonics
International Corporation 1994 Stock Option/Stock Issuance Plan.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;6,000,000 Shares issuable under the Novellus Systems, Inc. 2001
Non-Qualified Stock Option Plan.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;150,000 Shares issuable under the Novellus Systems, Inc. 401(k) Plan.
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp; 16,900,277 Shares issuable under the Novellus Systems, Inc. Amended
and Restated 1992 Stock Option Plan were previously registered pursuant to
Registration Statements on Form&nbsp;S-8 (&#147;Form&nbsp;S-8&#148;) as follows: 5,805,000 Shares
were registered on Form&nbsp;S-8 filed January&nbsp;19, 2001, Commission File No.
333-54058 and the registration fee of $57,234 with respect to such Shares was
paid at that time; 4,200,000 Shares were registered on Form&nbsp;S-8 filed June&nbsp;11,
1999, Commission File No.&nbsp;333-80453 and the registration fee of $21,673 with
respect to such Shares was paid at that time; 3,300,000 Shares were registered
on Form&nbsp;S-8 filed October&nbsp;13, 1998, Commission File No.&nbsp;333-65567 and the
registration fee of $7,260 with respect to such Shares was paid at that time;
and 3,595,277 Shares were registered on Form&nbsp;S-8 filed September&nbsp;12, 1997,
Commission File No.&nbsp;333-35487 and the registration fee of $20,698 with respect
to such Shares was paid at that time. The above Share amounts reflect the
Registrant&#146;s 2-for-1 stock split effected September&nbsp;29, 1997 and the
Registrant&#146;s 3-for-1 stock split effected December&nbsp;31, 1999.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp; 449,757 Shares issuable under the Novellus Systems, Inc. Amended and
Restated 1992 Employee Stock Purchase Plan were registered on Form&nbsp;S-8 filed
June&nbsp;11, 1999, Commission File No.&nbsp;333-80453 and the registration fee of
$2,321 with respect to such Shares was paid at that time. The above Share
amount reflects the Registrant&#146;s 3-for-1 stock split effected
December&nbsp;31, 1999.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp; 6,360,000 Share issuable under the Novellus Systems, Inc. 2001 Stock
Incentive Plan were registered on Form&nbsp;S-8 filed September&nbsp;25, 2001, Commission
File No.&nbsp;333-70146 and the registration fee of $46,063 with respect to such
Shares was paid at that time.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp; 745,337 Shares issuable under the GaSonics International Corporation
1994 Stock Option/Stock Issuance Plan were registered on Form&nbsp;S-8 filed January
19, 2001, Commission File No.&nbsp;333-54056 and the registration fee of $4,814 with
respect to such Shares was paid at that time.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp; 93,747 Shares issuable under the Gamma Precision Technology 1998
Stock Option Plan were registered on Form&nbsp;S-8 filed January&nbsp;19, 2001,
Commission File No.&nbsp;333-54056 and the registration fee of $932 with respect to
such Shares was paid at that time.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii)&nbsp; 23,557 Shares issuable under the GaSonics International Corporation
2000 Supplemental Stock Option Plan were registered on Form&nbsp;S-8 filed January
19, 2001, Commission File No.&nbsp;333-54056 and the registration fee of $153 with
respect to such Shares was paid at that time.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii)&nbsp; 35,000 Shares issuable under the Novellus Systems, Inc. 401(k) Plan
were registered on Form&nbsp;S-8 filed January&nbsp;19, 2001, Commission File No.
333-54056 and the registration fee of $225 with respect to such Shares was paid
at that time.
</FONT>
<P><FONT size="2">(2)&nbsp; Calculated solely for purposes of this offering under Rule&nbsp;457(h) of the
Securities Act of 1933, as amended. The price of $42.495 per share represents
the average of the high and low price per share of Common Stock of Novellus
Systems, Inc., as reported on the Nasdaq National Market on May&nbsp;30, 2002.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement shall also cover any additional Common Stock
which becomes issuable under the Novellus Plans by reason of any stock
dividend, stock split, recapitalization or other similar transactions effected
without the receipt of consideration which results in an increase in the number
of the outstanding Common Stock of Novellus Systems, Inc.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, pursuant to Rule&nbsp;416(c) under the Securities Act of 1933, as
amended, with regard to the shares of Common Stock being registered pursuant to
the Novellus Systems, Inc. 401(k) Plan this Registration Statement also covers
an indeterminate amount of interests to be offered or sold pursuant to the
employee benefit plan described herein.
</FONT>
<P align="center"><FONT size="2">&nbsp;
</FONT>

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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART I INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;3. Incorporation of Documents by Reference.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;4. Description of Securities.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;5. Interests of Named Experts and Counsel.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;6. Indemnification of Directors and Officers.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;7. Exemption from Registration Claimed.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;8. Exhibits.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">Item&nbsp;9. Undertakings.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#010">INDEX TO EXHIBITS</A></TD></TR>
<TR><TD colspan="9"><A HREF="f82165orexv5w1.txt">EXHIBIT 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f82165orexv23w2.txt">EXHIBIT 23.2</A></TD></TR>
<TR><TD colspan="9"><A HREF="f82165orexv23w3.txt">EXHIBIT 23.3</A></TD></TR>
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<!-- link1 "PART I INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>PART I</B></FONT>

<P align="center"><FONT size="2">INFORMATION REQUIRED IN THE<BR>
SECTION 10(a) PROSPECTUS</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information specified in Part 1 of Form&nbsp;S-8
(plan information and registrant information and employee plan annual
information) will be sent or given to employees as specified by Securities and
Exchange Commission Rule&nbsp;428(b)(1). Such documents need not be filed with the
Securities and Exchange Commission either as part of this Registration
Statement or as prospectuses or prospectus supplements pursuant to Rule&nbsp;424.
These documents and the documents incorporated by reference in this
Registration Statement pursuant to Item&nbsp;3 of Form&nbsp;S-8 (Part II hereof), taken
together, constitute a prospectus that meets the requirements of Section&nbsp;10(a)
of the Securities Act of 1933, as amended (the &#147;Act&#148;).
</FONT>
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<DIV align="left"><A NAME="001"></A></DIV>
<P align="center"><FONT size="2"><B>PART II</B><BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</FONT>

<!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference." -->
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<P align="left"><FONT size="2">Item&nbsp;3. Incorporation of Documents by Reference.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There are hereby incorporated by reference in this Registration Statement
the following documents and information previously filed with the Securities
and Exchange Commission (the &#147;Commission&#148;):
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;The Registrant&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended
December&nbsp;31, 2001, filed pursuant to Section&nbsp;13 of the Securities Exchange Act
of 1934 (the &#147;Exchange Act&#148;).
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;The Company&#146;s Current Report on Form&nbsp;10-Q for the quarter ended March
30, 2002;
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;The description of the Company&#146;s Common Stock contained in the
Company&#146;s Registration Statement on Form&nbsp;8-A filed with the Commission on
August&nbsp;31, 1988.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c),
14 and 15(d) of the Exchange Act after the date of this Registration Statement,
and prior to the filing of a post-effective amendment which indicates that all
securities offered hereby have been sold or which deregisters all securities
then remaining unsold, shall be deemed to be incorporated by reference in this
Registration Statement and to be a part hereof from the date of filing of such
documents.
</FONT>
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<DIV align="left"><A NAME="003"></A></DIV>
<P align="left"><FONT size="2">Item&nbsp;4. Description of Securities.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
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<DIV align="left"><A NAME="004"></A></DIV>
<P align="left"><FONT size="2">Item&nbsp;5. Interests of Named Experts and Counsel.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
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<DIV align="left"><A NAME="005"></A></DIV>
<P align="left"><FONT size="2">Item&nbsp;6. Indemnification of Directors and Officers.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;317 of the California Corporations Code authorizes a court to
award, or a corporation&#146;s Board of Directors to grant, indemnity to directors
and officers in terms sufficiently broad to permit such indemnification under
certain circumstances for liabilities (including reimbursement for expenses
incurred)
</FONT>
<P align="center"><FONT size="2">&nbsp;
</FONT>

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<P><FONT size="2">arising under the Act. The Registrant&#146;s Articles of Incorporation and Bylaws
provide for indemnification of its directors and officers, and permits
indemnification of employees and other agents to the maximum extent permitted
by the California Corporations Code. In addition, the Registrant has entered
into Indemnification Agreements with its officers and directors.
</FONT>
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<DIV align="left"><A NAME="006"></A></DIV>
<P align="left"><FONT size="2">Item&nbsp;7. Exemption from Registration Claimed.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
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<P align="left"><FONT size="2">Item&nbsp;8. Exhibits.</FONT>

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        <div align="left"><FONT size="1">Exhibit</FONT></div>
      </TD>
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      <TD><FONT size="1">&nbsp;</FONT></TD>
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      <TD nowrap align="center">
        <div align="left"><FONT size="1">Number</FONT></div>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Description</FONT></div>
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      <TD valign="top"><FONT size="2">5.1</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Opinion of Morrison &#038;
        Foerster LLP.</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">23.1</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Consent of Morrison &#038;
        Foerster LLP (included in Exhibit&nbsp;5.1)</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">23.2</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Consent of Ernst &#038; Young
        LLP.</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">23.3</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Consent of Arthur Andersen
        LLP.</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">25.1</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Power of Attorney (see Signature
        Page)</FONT></TD>
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<P align="left"><FONT size="2">Item&nbsp;9. Undertakings.</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; The undersigned Registrant hereby undertakes;
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        <TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being
made, a post-effective amendment to this Registration Statement 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.</FONT></TD>
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        <TD nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the Act,
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.</FONT></TD>
</TR>
</TABLE>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="1%" nowrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD width="99%"></TD>
</TR>
<TR valign="top">
        <TD nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;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.</FONT></TD>
</TR>
</TABLE>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp; The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Act, each filing of the Registrant&#146;s annual
report pursuant to Section&nbsp;13(a) or 15(d) of the Exchange Act (and, where
applicable, each filing of an employee plan&#146;s annual report pursuant to Section
13(d) of the Exchange Act) that is incorporated by reference in this
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.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp; Insofar as indemnification for liabilities arising under the Act may
be permitted to directors, officers and controlling persons of the Registrant
pursuant to the foregoing provisions, or otherwise, the
</FONT>
<P align="center"><FONT size="2">&nbsp;
</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P><FONT size="2">Registrant has been advised that in the opinion of the 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 the 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.
</FONT>
<P align="center"><FONT size="2">&nbsp;
</FONT>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="009"></A></DIV>
<P align="center"><FONT size="2">SIGNATURES</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the
Registrant, Novellus Systems, Inc., certifies that it has reasonable grounds to
believe that it meets all of the requirements for filing on Form&nbsp;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 San Jose, State of
California, on June&nbsp;4, 2002.
</FONT>
<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
    <TR valign="bottom">
      <TD width="50%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="45%">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">&nbsp;</TD>
      <TD colspan="2"><FONT size="2"> NOVELLUS SYSTEMS, INC.</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">By: </FONT></TD>
      <TD align="left"><FONT size="2"> /s/ Richard S. Hill</FONT></TD>
    </TR>
    <TR>
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top" rowspan="2"><FONT size="2">
        <HR size="1" noshade>
        </FONT><FONT size="2"> Richard S. Hill <br>
        Chairman of the Board and <br>
        Chief Executive Officer</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
    </TR>
  </TABLE>
</CENTER>
<P align="center"><FONT size="2">POWER OF ATTORNEY</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears below constitutes and appoints Richard
S. Hill and Kevin S. Royal, and each of them, as attorneys-in-fact, each with
the power of substitution, for him in any and all capacities, to sign any
amendment to this Registration Statement and to file the same, with exhibits
thereto and other documents in connection therewith, with the Securities and
Exchange Commission, granting to said attorneys-in-fact, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done in connection therewith, as fully to all intents and
purposes as he might or could do in person, hereby ratifying and confirming
anything the said attorney-in-fact or his substitute or substitutes, may
lawfully do or cause to be done by virtue hereof.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities and on the date indicated.
</FONT>
<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
    <TR valign="bottom">
      <TD width="40%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="30%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="20%">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Signature</FONT></div>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Capacity</FONT></div>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Date</FONT></div>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Richard S. Hill
        <HR size="1" noshade>
        Richard S. Hill</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Chairman of the Board and
        <br>
        Chief Executive Officer <br>
        <I>(Principal Executive Officer)</I> </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Kevin S. Royal
        <HR size="1" noshade>
        Kevin S. Royal</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Vice President and Chief Financial
        Officer <br>
        <I>(Principal Financial and <br>
        Accounting Officer)</I> </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">
        <HR size="1" noshade>
        Robert H. Smith</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Executive Vice President,
        <br>
        Administration and Director</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    </TR>
    <TR>
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR>
      <TD valign="top"><FONT size="2">/s/ D. James Guzy
        <HR size="1" noshade>
        D. James Guzy</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Director </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
    <TR>
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR>
      <TD valign="top"><FONT size="2">/s/ J. David Litster
        <HR size="1" noshade>
        J. David Litster</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Director </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
  </TABLE>
</CENTER>
<P align="center"><FONT size="2">&nbsp;
</FONT>

<!-- PAGEBREAK -->
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
    <TR valign="bottom">
      <TD width="40%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="30%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="20%">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Signature</FONT></div>
      </TD>
      <TD>
        <div align="left"><FONT size="1">&nbsp;</FONT></div>
      </TD>
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Capacity</FONT></div>
      </TD>
      <TD>
        <div align="left"><FONT size="1">&nbsp;</FONT></div>
      </TD>
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Date</FONT></div>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
    </TR>
    <TR>
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR>
      <TD valign="top"><FONT size="2">/s/ Yoshio Nishi
        <HR size="1" noshade>
        Yoshio Nishi</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Director </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
    <TR>
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR>
      <TD valign="top"><FONT size="2">/s/ Glen Possley
        <HR size="1" noshade>
        Glen Possley</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Director </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
    <TR>
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR>
      <TD valign="top"><FONT size="2">/s/ William R. Spivey
        <HR size="1" noshade>
        William R. Spivey</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Director </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
    <TR>
      <TD valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
    </TR>
    <TR>
      <TD valign="top"><FONT size="2">/s/ Delbert A. Whitaker
        <HR size="1" noshade>
        Delbert A. Whitaker</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Director </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">June&nbsp;4, 2002</FONT></TD>
    </TR>
  </TABLE>
</CENTER>
<P align="center"><FONT size="2">&nbsp;
</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "INDEX TO EXHIBITS" -->
<DIV align="left"><A NAME="010"></A></DIV>
<P align="center"><FONT size="2">INDEX TO EXHIBITS</FONT>

<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="95%">
    <TR valign="bottom">
      <TD width="8%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="87%">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Exhibit</FONT></div>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Number</FONT></div>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <div align="left"><FONT size="1">Description</FONT></div>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center">
        <HR size="1" noshade>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">5.1</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Opinion of Morrison &#038;
        Foerster LLP.</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">23.1</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Consent of Morrison &#038;
        Foerster LLP (included in Exhibit&nbsp;5.1)</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">23.2</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Consent of Ernst &#038; Young
        LLP.</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">23.3</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Consent of Arthur Andersen
        LLP</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><FONT size="2">25.1</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2"> Power of Attorney (see Signature
        Page)</FONT></TD>
    </TR>
  </TABLE>
</CENTER>

<P align="center"><FONT size="2">&nbsp;</FONT>

</BODY>
</HTML>
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Novellus Systems, Inc. Form S-8
Table of Contents
As filed with the Securities and Exchange Commission on June 4, 2002
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
NOVELLUS SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
California
77-0024666
(State or other jurisdiction of
(I.R.S. Employer
incorporation or organization)
Identification No.)
4000 North First Street
San Jose, CA 95134
(Address of Principal Executive Office Including Zip Code)
Novellus Systems, Inc. Amended and Restated 1992 Stock Option Plan
Novellus Systems, Inc. Amended and Restated 1992 Employee Stock Purchase Plan
Novellus Systems, Inc. 2001 Stock Incentive Plan
Novellus Systems, Inc. 2001 Non-Qualified Stock Option Plan
Novellus Systems, Inc. 401(k) Plan
GaSonics International Corporation 1994 Stock Option/Stock Issuance Plan
Gamma Precision Technology 1998 Stock Option Plan
GaSonics International Corporation 2000 Supplemental Stock Option Plan
(collectively the "Novellus Plans")
(Full titles of the plans)
Kevin S. Royal
Vice President and Chief Financial Officer
Novellus Systems, Inc.
4000 North First Street
San Jose, CA 95134
(Name and address of agent for service)
(408) 943-9700
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Proposed maximum
Proposed maximum
Title of securities
Amount to be
offering price per
aggregate offering
Amount of
to be registered
registered(1)
share (2)
price (1)(2)
registration fee(1)
Common Stock,
no par value
31,896,675
$
42.495
$
309,746,055.00
$
28,496.64
(1)
Of the 31,896,675 shares of Common Stock (the "Shares") being registered:
(i)  7,289,000 (not previously registered) Shares are being registered as
follows:
Table of Contents
(1) 1,000,000 Shares issuable under the Novellus Systems, Inc. Amended and
Restated 1992 Employee Stock Purchase Plan.
(2) 139,000 Shares issuable under the Novellus Systems, Inc. GaSonics
International Corporation 1994 Stock Option/Stock Issuance Plan.
(3) 6,000,000 Shares issuable under the Novellus Systems, Inc. 2001
Non-Qualified Stock Option Plan.
(4) 150,000 Shares issuable under the Novellus Systems, Inc. 401(k) Plan.
(ii)  16,900,277 Shares issuable under the Novellus Systems, Inc. Amended
and Restated 1992 Stock Option Plan were previously registered pursuant to
Registration Statements on Form S-8 ("Form S-8") as follows: 5,805,000 Shares
were registered on Form S-8 filed January 19, 2001, Commission File No.
333-54058 and the registration fee of $57,234 with respect to such Shares was
paid at that time; 4,200,000 Shares were registered on Form S-8 filed June 11,
1999, Commission File No. 333-80453 and the registration fee of $21,673 with
respect to such Shares was paid at that time; 3,300,000 Shares were registered
on Form S-8 filed October 13, 1998, Commission File No. 333-65567 and the
registration fee of $7,260 with respect to such Shares was paid at that time;
and 3,595,277 Shares were registered on Form S-8 filed September 12, 1997,
Commission File No. 333-35487 and the registration fee of $20,698 with respect
to such Shares was paid at that time. The above Share amounts reflect the
Registrant's 2-for-1 stock split effected September 29, 1997 and the
Registrant's 3-for-1 stock split effected December 31, 1999.
(iii)  449,757 Shares issuable under the Novellus Systems, Inc. Amended and
Restated 1992 Employee Stock Purchase Plan were registered on Form S-8 filed
June 11, 1999, Commission File No. 333-80453 and the registration fee of
$2,321 with respect to such Shares was paid at that time. The above Share
amount reflects the Registrant's 3-for-1 stock split effected
December 31, 1999.
(iv)  6,360,000 Share issuable under the Novellus Systems, Inc. 2001 Stock
Incentive Plan were registered on Form S-8 filed September 25, 2001, Commission
File No. 333-70146 and the registration fee of $46,063 with respect to such
Shares was paid at that time.
(v)  745,337 Shares issuable under the GaSonics International Corporation
1994 Stock Option/Stock Issuance Plan were registered on Form S-8 filed January
19, 2001, Commission File No. 333-54056 and the registration fee of $4,814 with
respect to such Shares was paid at that time.
(vi)  93,747 Shares issuable under the Gamma Precision Technology 1998
Stock Option Plan were registered on Form S-8 filed January 19, 2001,
Commission File No. 333-54056 and the registration fee of $932 with respect to
such Shares was paid at that time.
(vii)  23,557 Shares issuable under the GaSonics International Corporation
2000 Supplemental Stock Option Plan were registered on Form S-8 filed January
19, 2001, Commission File No. 333-54056 and the registration fee of $153 with
respect to such Shares was paid at that time.
(viii)  35,000 Shares issuable under the Novellus Systems, Inc. 401(k) Plan
were registered on Form S-8 filed January 19, 2001, Commission File No.
333-54056 and the registration fee of $225 with respect to such Shares was paid
at that time.
(2)  Calculated solely for purposes of this offering under Rule 457(h) of the
Securities Act of 1933, as amended. The price of $42.495 per share represents
the average of the high and low price per share of Common Stock of Novellus
Systems, Inc., as reported on the Nasdaq National Market on May 30, 2002.
This Registration Statement shall also cover any additional Common Stock
which becomes issuable under the Novellus Plans by reason of any stock
dividend, stock split, recapitalization or other similar transactions effected
without the receipt of consideration which results in an increase in the number
of the outstanding Common Stock of Novellus Systems, Inc.
In addition, pursuant to Rule 416(c) under the Securities Act of 1933, as
amended, with regard to the shares of Common Stock being registered pursuant to
the Novellus Systems, Inc. 401(k) Plan this Registration Statement also covers
an indeterminate amount of interests to be offered or sold pursuant to the
employee benefit plan described herein.
TABLE OF CONTENTS
PART I INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
Item 4. Description of Securities.
Item 5. Interests of Named Experts and Counsel.
Item 6. Indemnification of Directors and Officers.
Item 7. Exemption from Registration Claimed.
Item 8. Exhibits.
Item 9. Undertakings.
SIGNATURES
INDEX TO EXHIBITS
EXHIBIT 5.1
EXHIBIT 23.2
EXHIBIT 23.3
Table of Contents
PART I
INFORMATION REQUIRED IN THE
SECTION 10(a) PROSPECTUS
The documents containing the information specified in Part 1 of Form S-8
(plan information and registrant information and employee plan annual
information) will be sent or given to employees as specified by Securities and
Exchange Commission Rule 428(b)(1). Such documents need not be filed with the
Securities and Exchange Commission either as part of this Registration
Statement or as prospectuses or prospectus supplements pursuant to Rule 424.
These documents and the documents incorporated by reference in this
Registration Statement pursuant to Item 3 of Form S-8 (Part II hereof), taken
together, constitute a prospectus that meets the requirements of Section 10(a)
of the Securities Act of 1933, as amended (the "Act").
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
There are hereby incorporated by reference in this Registration Statement
the following documents and information previously filed with the Securities
and Exchange Commission (the "Commission"):
1. The Registrant's Annual Report on Form 10-K for the fiscal year ended
December 31, 2001, filed pursuant to Section 13 of the Securities Exchange Act
of 1934 (the "Exchange Act").
2. The Company's Current Report on Form 10-Q for the quarter ended March
30, 2002;
3. The description of the Company's Common Stock contained in the
Company's Registration Statement on Form 8-A filed with the Commission on
August 31, 1988.
All documents filed by the Registrant pursuant to Sections 13(a), 13(c),
14 and 15(d) of the Exchange Act after the date of this Registration Statement,
and prior to the filing of a post-effective amendment which indicates that all
securities offered hereby have been sold or which deregisters all securities
then remaining unsold, shall be deemed to be incorporated by reference in this
Registration Statement and to be a part hereof from the date of filing of such
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.
Section 317 of the California Corporations Code authorizes a court to
award, or a corporation's Board of Directors to grant, indemnity to directors
and officers in terms sufficiently broad to permit such indemnification under
certain circumstances for liabilities (including reimbursement for expenses
incurred)
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arising under the Act. The Registrant's Articles of Incorporation and Bylaws
provide for indemnification of its directors and officers, and permits
indemnification of employees and other agents to the maximum extent permitted
by the California Corporations Code. In addition, the Registrant has entered
into Indemnification Agreements with its officers and directors.
Item 7. Exemption from Registration Claimed.
Not Applicable.
Item 8. Exhibits.
Exhibit
Number
Description
5.1
Opinion of Morrison &
        Foerster LLP.
23.1
Consent of Morrison &
        Foerster LLP (included in Exhibit 5.1)
23.2
Consent of Ernst & Young
        LLP.
23.3
Consent of Arthur Andersen
        LLP.
25.1
Power of Attorney (see Signature
        Page)
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 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.
(2) That, for the purpose of determining any liability under the Act,
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 Act, each filing of the Registrant's annual
report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where
applicable, each filing of an employee plan's annual report pursuant to Section
13(d) of the Exchange Act) that is incorporated by reference in this
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 Act may
be permitted to directors, officers and controlling persons of the Registrant
pursuant to the foregoing provisions, or otherwise, the
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Registrant has been advised that in the opinion of the 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 the 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.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
Registrant, Novellus Systems, Inc., 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 San Jose, State of
California, on June 4, 2002.
NOVELLUS SYSTEMS, INC.
By:
/s/ Richard S. Hill
Richard S. Hill
Chairman of the Board and
Chief Executive Officer
POWER OF ATTORNEY
Each person whose signature appears below constitutes and appoints Richard
S. Hill and Kevin S. Royal, and each of them, as attorneys-in-fact, each with
the power of substitution, for him in any and all capacities, to sign any
amendment to this Registration Statement and to file the same, with exhibits
thereto and other documents in connection therewith, with the Securities and
Exchange Commission, granting to said attorneys-in-fact, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done in connection therewith, as fully to all intents and
purposes as he might or could do in person, hereby ratifying and confirming
anything the said attorney-in-fact or his substitute or substitutes, may
lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities and on the date indicated.
Signature
Capacity
Date
/s/ Richard S. Hill
Richard S. Hill
Chairman of the Board and
Chief Executive Officer
(Principal Executive Officer)
June 4, 2002
/s/ Kevin S. Royal
Kevin S. Royal
Vice President and Chief Financial
        Officer
(Principal Financial and
Accounting Officer)
June 4, 2002
Robert H. Smith
Executive Vice President,
Administration and Director
/s/ D. James Guzy
D. James Guzy
Director
June 4, 2002
/s/ J. David Litster
J. David Litster
Director
June 4, 2002
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Signature
Capacity
Date
/s/ Yoshio Nishi
Yoshio Nishi
Director
June 4, 2002
/s/ Glen Possley
Glen Possley
Director
June 4, 2002
/s/ William R. Spivey
William R. Spivey
Director
June 4, 2002
/s/ Delbert A. Whitaker
Delbert A. Whitaker
Director
June 4, 2002
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INDEX TO EXHIBITS
Exhibit
Number
Description
5.1
Opinion of Morrison &
        Foerster LLP.
23.1
Consent of Morrison &
        Foerster LLP (included in Exhibit 5.1)
23.2
Consent of Ernst & Young
        LLP.
23.3
Consent of Arthur Andersen
        LLP
25.1
Power of Attorney (see Signature
        Page)