<HTML>
<HEAD>
<TITLE>Filed by Bowne Pure Compliance</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">
<DIV style="font-size: 10pt">
<DIV
style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
<DIV
style="font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>

<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): November 20, 2008</B>

<P style="font-size: 24pt" align="center"><B>FLOWSERVE
CORPORATION<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as
specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>New York</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>1-13179</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>31-0267900</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>5215 N. O&#8217;Connor Blvd.,
Suite 2300, Irving, Texas<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>75039</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(972) 443-6500</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>N/A<BR>
</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">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:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>



<DIV
style="margin-top: 10pt; font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>
<DIV
style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="justify"><B>Item&nbsp;5.03 Amendments to
Articles of Incorporation or Bylaws; Change in Fiscal Year.</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">On
November&nbsp;20, 2008, the Board of Directors of Flowserve Corporation (the
&#8220;Company&#8221;) voted to amend the Flowserve Corporation By-Laws (the
&#8220;Bylaws&#8221;), effective as of the same date. The amendments adopted by
the Board of Directors enhance the Bylaws&#146; existing advance notice provisions for shareholder
proposals by removing potential ambiguities and by expanding the ownership
interests in the Company a proponent shareholder is required to disclose to
include derivatives, hedged positions and other economic and voting interests so
that the nature of a proponent
shareholder&#8217;s economic interest in the Company
is more accurately presented. The following summarizes
the amended Bylaw provisions.

<P style="font-size: 10pt; text-indent: 4%"
align="justify">Section&nbsp;8(a)(i) under Article&nbsp;II of the Bylaws, which sets forth the manner
in which director nominees and other business may be proposed at an annual
meeting of shareholders, was amended by adding a provision clarifying that the
notice procedures set forth in Section&nbsp;8 of the Bylaws is the exclusive
means for a shareholder to make nominations or submit other business (other
than matters properly brought under Rule&nbsp;14a-8 of the Securities
Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) and included in the
Company&#8217;s notice of meeting) before an annual meeting of shareholders.

<P style="font-size: 10pt; text-indent: 4%"
align="justify">Section&nbsp;8(a)(ii) of the Bylaws, which sets forth the
required content for a notice submitted by a shareholder proposing a director
nominee or other business, has been amended to include a new paragraph
(2)&nbsp;that requires in the notice a description of all direct and indirect
compensation and other material monetary agreements, arrangements and
understandings during the past three years, and any other material
relationships, between or among the proposing shareholder and any affiliated or
associated persons, on the one hand, and each proposed nominee, and his or her
respective affiliates and associates, or others acting in concert therewith, on
the other hand. This information would include all information that would be
disclosed under Rule&nbsp;404 of Regulation&nbsp;S-K if the shareholder
proponent (or any affiliate or associate) were the &#8220;registrant&#8221; and
the nominee was a director or executive officer of such registrant.

<P style="font-size: 10pt; text-indent: 4%" align="justify">Additionally,
Section&nbsp;8(a)(ii)(C), which sets forth the required content for a notice
relating to information about the proposing shareholder providing the notice
and the beneficial owner, if any, on whose behalf the nomination or proposal is
made, has been expanded to also require information relating to any affiliates
or associates of the proposing shareholder. The content requirements specified
in paragraphs (1)-(6) under Section&nbsp;8(a)(ii)(C) have also been expanded to
include a requirement for such persons to disclose: ownership of derivative
instruments related to, or with a value derived from the value of, any
securities of the Company, whether or not subject to settlement in Company
securities; arrangements or relationships that could directly or indirectly
influence the voting of Company securities; rights to separable or separated
dividends; proportionate interests in Company securities or derivative
instruments held through a general or limited partnership; any performance
related fees (other than an asset-based fee) entitled to be received based on
changes in the value of Company securities or derivative instruments; and any
other information that would be required in any filing required to be made in
connection with the solicitation of proxies for the election of directors in a
contested election pursuant to Section&nbsp;14 of the Exchange Act.

<P style="font-size: 10pt; text-indent: 5%" align="justify">The foregoing
description of the amendments contained in the Company&#8217;s amended and
restated Bylaws is qualified in its entirety by reference to the full text of,
and should be read in conjunction with, the Flowserve Corporation By-Laws, a
copy of which is filed with this Current Report on Form 8-K as Exhibit&nbsp;3.1
and incorporated herein by reference.

<P style="font-size: 10pt; text-indent: 5%" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="justify"><B>Item&nbsp;9.01 Financial
Statements and Exhibits.</B>

<P style="font-size: 10pt" align="justify">(d)&nbsp;Exhibits.

<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">

<TR>
  <TD width="10%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="85%">&nbsp;</TD>
</TR>

 <TR valign="top">
  <TD style="border-bottom: 1px solid #000000" align="left" valign="bottom"><B>Exhibit No.</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: 1px solid #000000" align="center" valign="bottom"><B>Description</B></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="top">
  <TD nowrap align="left">3.1</TD>
  <TD>&nbsp;</TD>
  <TD align="justify">Flowserve Corporation By-Laws, as amended and
restated on November&nbsp;20, 2008.</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">3
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">

</TABLE>


<P style="font-size: 10pt" align="center"><B>SIGNATURES</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">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.


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="50%">&nbsp;</TD>
  <TD width="3%">&nbsp;</TD>
  <TD width="47%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->

<!-- Begin Table Body -->

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD valign="top" align="left" colspan="2">FLOWSERVE CORPORATION</TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD align="left" valign="top">Dated: November&nbsp;21, 2008</TD>
  <TD valign="top" align="left">By: </TD>
  <TD valign="top" align="left" style="border-bottom: #000000 1px solid">/s/ Ronald F. Shuff</TD>
 </TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Ronald F. Shuff<BR>
Senior Vice President, Secretary and<BR>
General Counsel</TD>
 </TR><!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">4
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="center"><B>EXHIBIT INDEX</B>



<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">


<TR>
  <TD width="10%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="85%">&nbsp;</TD>
</TR>

 <TR valign="top">
  <TD style="border-bottom: 1px solid #000000" align="left" valign="bottom"><B>Exhibit No.</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: 1px solid #000000" align="center" valign="bottom"><B>Description</B></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="top">
  <TD nowrap align="left">3.1</TD>
  <TD>&nbsp;</TD>
  <TD align="justify">Flowserve Corporation By-Laws, as amended and restated on November&nbsp;20, 2008.</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">5
</DIV>
</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "c77630e8vk.htm", "description": "FORM 8-K", "secsgml_size_bytes": 12633}]
{"company-data": {"conformed-name": "FLOWSERVE CORP", "cik": "0000030625", "assigned-sic": "3561", "irs-number": "310267900", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13179", "film-number": "081206151"}, "business-address": {"street1": "5215 N. O'CONNOR BLVD.", "street2": "SUITE 2300", "city": "IRVING", "state": "TX", "zip": "75039", "phone": "9724436500"}, "mail-address": {"street1": "5215 N. O'CONNOR BLVD.", "street2": "SUITE 2300", "city": "IRVING", "state": "TX", "zip": "75039"}, "former-company": [{"former-conformed-name": "DURCO INTERNATIONAL INC", "date-changed": "19970508"}, {"former-conformed-name": "DURIRON CO INC", "date-changed": "19920703"}, {"former-conformed-name": "THE DURIRON CO INC", "date-changed": "19900509"}]}
Filed by Bowne Pure Compliance
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): November 20, 2008
FLOWSERVE
CORPORATION
(Exact name of registrant as
specified in its charter)
New York
1-13179
31-0267900
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
5215 N. O'Connor Blvd.,
Suite 2300, Irving, Texas
75039
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
(972) 443-6500
N/A
(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:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.03 Amendments to
Articles of Incorporation or Bylaws; Change in Fiscal Year.
On
November 20, 2008, the Board of Directors of Flowserve Corporation (the
"Company") voted to amend the Flowserve Corporation By-Laws (the
"Bylaws"), effective as of the same date. The amendments adopted by
the Board of Directors enhance the Bylaws' existing advance notice provisions for shareholder
proposals by removing potential ambiguities and by expanding the ownership
interests in the Company a proponent shareholder is required to disclose to
include derivatives, hedged positions and other economic and voting interests so
that the nature of a proponent
shareholder's economic interest in the Company
is more accurately presented. The following summarizes
the amended Bylaw provisions.
Section 8(a)(i) under Article II of the Bylaws, which sets forth the manner
in which director nominees and other business may be proposed at an annual
meeting of shareholders, was amended by adding a provision clarifying that the
notice procedures set forth in Section 8 of the Bylaws is the exclusive
means for a shareholder to make nominations or submit other business (other
than matters properly brought under Rule 14a-8 of the Securities
Exchange Act of 1934 (the "Exchange Act") and included in the
Company's notice of meeting) before an annual meeting of shareholders.
Section 8(a)(ii) of the Bylaws, which sets forth the
required content for a notice submitted by a shareholder proposing a director
nominee or other business, has been amended to include a new paragraph
(2) that requires in the notice a description of all direct and indirect
compensation and other material monetary agreements, arrangements and
understandings during the past three years, and any other material
relationships, between or among the proposing shareholder and any affiliated or
associated persons, on the one hand, and each proposed nominee, and his or her
respective affiliates and associates, or others acting in concert therewith, on
the other hand. This information would include all information that would be
disclosed under Rule 404 of Regulation S-K if the shareholder
proponent (or any affiliate or associate) were the "registrant" and
the nominee was a director or executive officer of such registrant.
Additionally,
Section 8(a)(ii)(C), which sets forth the required content for a notice
relating to information about the proposing shareholder providing the notice
and the beneficial owner, if any, on whose behalf the nomination or proposal is
made, has been expanded to also require information relating to any affiliates
or associates of the proposing shareholder. The content requirements specified
in paragraphs (1)-(6) under Section 8(a)(ii)(C) have also been expanded to
include a requirement for such persons to disclose: ownership of derivative
instruments related to, or with a value derived from the value of, any
securities of the Company, whether or not subject to settlement in Company
securities; arrangements or relationships that could directly or indirectly
influence the voting of Company securities; rights to separable or separated
dividends; proportionate interests in Company securities or derivative
instruments held through a general or limited partnership; any performance
related fees (other than an asset-based fee) entitled to be received based on
changes in the value of Company securities or derivative instruments; and any
other information that would be required in any filing required to be made in
connection with the solicitation of proxies for the election of directors in a
contested election pursuant to Section 14 of the Exchange Act.
The foregoing
description of the amendments contained in the Company's amended and
restated Bylaws is qualified in its entirety by reference to the full text of,
and should be read in conjunction with, the Flowserve Corporation By-Laws, a
copy of which is filed with this Current Report on Form 8-K as Exhibit 3.1
and incorporated herein by reference.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
3.1
Flowserve Corporation By-Laws, as amended and
restated on November 20, 2008.
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.
FLOWSERVE CORPORATION
Dated: November 21, 2008
By:
/s/ Ronald F. Shuff
Ronald F. Shuff
Senior Vice President, Secretary and
General Counsel
EXHIBIT INDEX
Exhibit No.
Description
3.1
Flowserve Corporation By-Laws, as amended and restated on November 20, 2008.