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  <P align=center><B><FONT face=serif size=2>As filed with the Securities and
  Exchange Commission on June 18, 2008</FONT></B></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 2pt double" noWrap align=right width="100%"><B><FONT face=serif size=2>Registration No.333
    -</FONT></B></TD></TR></TABLE><BR>
  <P align=center><B><FONT face=serif size=2>UNITED STATES <BR></FONT></B><B><FONT face=serif size=2>SECURITIES AND EXCHANGE COMMISSION <BR>Washington, D.C.
  20549</FONT></B></P>
  <P align=center><B><FONT face=serif size=2>________</FONT></B></P>
  <P align=center><B><FONT face=serif size=2>Form S-8</FONT></B></P>
  <P align=center><B><FONT face=serif size=2>REGISTRATION STATEMENT <BR>UNDER
  <BR></FONT></B><B><FONT face=serif size=2>THE SECURITIES ACT OF
  1933</FONT></B></P>
  <P align=center><FONT face=serif size=2>PHOTRONICS, INC. <BR></FONT><FONT face=serif size=2>(Exact name of registrant as specified in its
  charter)</FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=center width="33%"><FONT face=serif size=2>CONNECTICUT</FONT></TD>
      <TD noWrap align=left width="34%">&nbsp;</TD>
      <TD noWrap align=center width="33%"><FONT face=serif size=2>06-0854886</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="33%"><FONT face=serif size=2>(State or
        other jurisdiction of</FONT></TD>
      <TD noWrap align=left width="34%"></TD>
      <TD noWrap align=center width="33%"><FONT face=serif size=2>(I.R.S.
        Employer</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="33%"><FONT face=serif size=2>incorporation
        or organization)</FONT></TD>
      <TD noWrap align=left width="34%"></TD>
      <TD noWrap align=center width="33%"><FONT face=serif size=2>Identification
        No.)</FONT></TD></TR></TABLE><BR>
  <P align=center><FONT face=serif size=2>15 Secor Road <BR>Brookfield, CT 06804
  <BR></FONT><FONT face=serif size=2>(Address of Principal Executive
  Offices)</FONT></P>
  <P align=center><FONT face=serif size=2>2007 Long Term Equity Incentive Plan
  <BR>(Full title of the plan)</FONT></P>
  <P align=center><FONT face=serif size=2>Richelle E. Burr <BR></FONT><FONT face=serif size=2>Associate General Counsel and Assistant Secretary
  <BR>PHOTRONICS, INC. <BR></FONT><FONT face=serif size=2>15 Secor Road
  <BR>Brookfield, CT 06804 <BR>(Name and address of agent for service)</FONT></P>
  <P align=center><FONT face=serif size=2>(203) 775-9000 <BR></FONT><FONT face=serif size=2>(Telephone number, including area code, of agent for
  service)</FONT></P>
  <P align=left><FONT size=2>Indicate by check mark whether the registrant is a
  &#147;large accelerated filer&#148;, an &#147;accelerated filer&#148; or a &#147;smaller reporting
  company&#148;.&nbsp;</FONT></P>
  <P align=center>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"><FONT face=serif size=2>Large
        accelerated filer</FONT> <FONT face=Wingdings size=2>o</FONT></TD>
      <TD noWrap align=left width="50%"><FONT face=serif size=2>Accelerated
        filer <FONT face=Wingdings size=2>x</FONT></FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"><FONT face=serif size=2>Non-accelerated
        filer</FONT> <FONT face=Wingdings size=2>o</FONT></TD>
      <TD noWrap align=left width="50%"><FONT face=serif size=2>Smaller
        reporting company <FONT face=Wingdings size=2>o</FONT></FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"><FONT face=serif size=2>(do not check if
        a smaller reporting company)</FONT>&nbsp;</TD>
      <TD noWrap align=left width="50%"></TD></TR></TABLE><BR>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><FONT face=serif size=2>CALCULATION OF REGISTRATION FEE
  </FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 2pt double" noWrap align=center width="20%"><B><FONT face=serif size=1>Title of
        Securities to be</FONT></B> </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 2pt double" noWrap align=center width="20%"><B><FONT face=serif size=1>Amount to
        be</FONT></B>&nbsp; </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 2pt double" noWrap align=center width="20%"><B><FONT face=serif size=1>Proposed
        maximum</FONT></B> </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 2pt double" noWrap align=center width="20%"><B><FONT face=serif size=1>Proposed
        maximum</FONT></B> </TD>
      <TD style="BORDER-TOP: #000000 2pt double" noWrap align=center width="20%"><B><FONT face=serif size=1>Amount of</FONT></B> </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><B><FONT face=serif size=1>Registered</FONT></B> </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><B><FONT face=serif size=1>registered
        (1)</FONT></B>&nbsp; </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><B><FONT face=serif size=1>offering price
        per share (2)</FONT></B>&nbsp;</TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><B><FONT face=serif size=1>aggregate
        offering price (2)</FONT></B>&nbsp;</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><B><FONT face=serif size=1>registration fee</FONT></B> </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><FONT face=serif size=1>Common Stock, Par
        Value $.01</FONT>&nbsp; </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><FONT face=serif size=1>3,000,000</FONT>&nbsp; </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><FONT face=serif size=1><STRONG>$</STRONG><STRONG>8.1</STRONG></FONT> </TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><FONT face=serif size=1>24,300,000</FONT>
      </TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="20%"><FONT face=serif size=1>$955</FONT> </TD></TR>
    <TR>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 2pt double" noWrap align=center width="20%">&nbsp;</TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 2pt double" noWrap align=center width="20%">&nbsp;</TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 2pt double" noWrap align=center width="20%">&nbsp;</TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 2pt double" noWrap align=center width="20%">&nbsp;</TD>
      <TD style="BORDER-BOTTOM: #000000 2pt double" noWrap align=center width="20%">&nbsp;</TD></TR></TABLE><BR>
  <TABLE cellSpacing=0 cellPadding=0 border=0>
  
    <TR>
      <TD vAlign=top noWrap><FONT face=serif size=2>(1)</FONT></TD>
      <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>This Registration
        Statement relates to the registration of 3,000,000 shares of Common Stock,
        $0.01 par value, of Photronics, Inc. (the &#147;Company&#148;) to be offered
        pursuant to the Company's 2007 Long Term Equity Incentive Plan (the
        &#147;Plan&#148;). In addition, pursuant to Rule 416(a) under the Securities Act of
        1933 (the &#147;Securities Act&#148;), this Registration Statement also covers any
        additional shares of the common stock that become issuable under the Plan
        by reason of any stock dividend, stock split, recapitalization or other
        similar transaction(s) in accordance with anti-dilution provisions of the
        Plan.</FONT></TD></TR>
    <TR>
      <TD vAlign=top width="100%" colSpan=3>&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top noWrap><FONT face=serif size=2>(2)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Estimated solely for
        the purpose of calculating the registration fee in accordance with Rule
        457 (c) and (h) under the Securities Act of 1933, as amended (the
        &#147;Securities Act&#148;). The Proposed Maximum Offering Price is based on the
        average of the high and low sale prices of the Common Stock of the
        Registrant as reported on the NASDAQ Stock Market on June 17,
      2008.</FONT></TD></TR></TABLE>
  <P align=center><FONT face=serif size=2>2</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><FONT face=serif size=2>PART I </FONT></P>
  <P align=center><FONT face=serif size=2>INFORMATION REQUIRED IN THE SECTION
  10(a) PROSPECTUS </FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD vAlign=top noWrap align=left width="1%"><FONT face=serif size=2><STRONG>Item 1.</STRONG></FONT></TD>
      <TD vAlign=top noWrap align=right width="2%"><SUP><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </FONT></SUP></TD>
      <TD vAlign=top noWrap align=left width="96%"><B><FONT face=serif size=2>Plan Information.*</FONT></B></TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top noWrap align=left width="1%"><B><FONT face=serif size=2>Item </FONT></B><STRONG><FONT face=serif size=2>2.</FONT></STRONG></TD>
      <TD vAlign=top noWrap align=right width="2%"></TD>
      <TD vAlign=top noWrap align=left width="96%"><B><FONT face=serif size=2>Registrant Information and Employee Plan Annual
        Information.*</FONT></B></TD></TR></TABLE><BR>____________________<BR>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD vAlign=top width="1%"><FONT face=serif size=2>*</FONT></TD>
      <TD vAlign=top width="1%">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Information required by
        Part I to be contained in the Section 10(a) prospectus is omitted from
        this Registration Statement in accordance with Rule 428 under the
        Securities Act and the &#147;Note&#148; to Part I of Form
  S-8.</FONT></TD></TR></TABLE>
  <P align=center><FONT face=serif size=2>3</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><FONT face=serif size=2>PART II </FONT></P>
  <P align=center><FONT face=serif size=2>INFORMATION REQUIRED IN THE REGISTRATION
  STATEMENT </FONT></P>
  <P align=left><B><FONT face=serif size=2>Item 3. Incorporation of Documents by
  Reference. </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The
  following information filed by Photronics, Inc. (the &#147;Registrant&#148; or
  &#147;Photronics&#148;) with the Securities and Exchange Commission (the &#147;Commission&#148;) is
  incorporated herein by reference: </FONT></P>
  <P style="PADDING-LEFT: 15pt" align=left><FONT face=serif size=2>(a) The
  Registrant&#146;s annual report on Form 10-K for the fiscal year ended October 28,
  2007 (filed on January 11, 2008);&nbsp;</FONT></P>
  <P style="PADDING-LEFT: 15pt" align=left><FONT face=serif size=2>(b) The
  Registrant&#146;s quarterly reports on Form 10-Q for the fiscal quarter ended April
  27, 2008 (filed on June 5, 2008), and January 27, 2008 (filed March 6,
  2008).&nbsp;</FONT></P>
  <P style="PADDING-LEFT: 15pt" align=left><FONT face=serif size=2>(c) The
  Registrant&#146;s current reports on Form 8-K, filed May 14, 2008 and April 30,
  2008.</FONT></P>
  <P style="PADDING-LEFT: 15pt" align=left><FONT face=serif size=2>(d) The
  description of the Registrant's common stock included in its Registration
  Statement on Form S-3, filed on June 14, 2005. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>In addition,
  all documents filed by the Registrant with the Commission pursuant to Sections
  13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended
  (the &#147;Exchange Act&#148;) after the date of this Registration Statement and prior to
  the filing of a post-effective amendment which indicates that all securities
  offered have been sold or which deregisters all securities then remaining unsold
  shall be deemed to be incorporated by reference into this Registration Statement
  and to be a part hereof from the date of filing of such documents with the
  Commission. Any statement contained in a document incorporated by reference
  herein shall be deemed to be modified or superseded for purposes of this
  Registration Statement to the extent that a statement contained herein or in any
  other subsequently filed document which also is or is deemed to be incorporated
  by reference herein modifies or supersedes such statement. Any statement so
  modified or superseded shall not be deemed, except as so modified or superseded,
  to constitute a part of this Registration Statement.</FONT></P>
  <P align=left><B><FONT face=serif size=2>Item 4. Description of Securities.
  </FONT></B></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Not applicable; the class of
  securities to be offered is registered under Section 12 of the Exchange
  Act.</FONT></P>
  <P align=left><B><FONT face=serif size=2>Item 5. Interests of Named Experts and
  Counsel. </FONT></B></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>None.</FONT></P>
  <P align=left><B><FONT face=serif size=2>Item 6. Indemnification of Directors
  and Officers. </FONT></B></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Under applicable Connecticut law,
  the Registrant shall provide for indemnification of its directors, officers,
  employees and agents. Applicable Connecticut law requires the Registrant to
  indemnify a director against judgments and other expenses of litigation when he
  is sued by reason of his being a director in any proceeding brought, other than
  on behalf of the corporation, if a director is successful on the merits in
  defense, or acted in good faith and in a manner reasonably believed to be in the
  best interests of the corporation, and in all other cases that his conduct was
  at least not opposed to the best interests of the corporation, or in a criminal
  action or proceeding, had no reasonable cause to believe his conduct was
  unlawful. In a proceeding brought on behalf of a corporation (a derivative
  action), a director is entitled to be indemnified by the corporation for
  reasonable expenses of litigation, if the director is finally adjudged not to
  have breached his duty to the corporation. In addition, a director is entitled
  to indemnification for both derivative and non-derivative actions, if a court
  determines, upon application, that the director is fairly and reasonably
  entitled to be indemnified. Finally, the Registrant maintains director and
  officer liability insurance which provides insurance for the Registrant's
  directors and officers in connection with claims brought against them in their
  capacity as such with the Registrant.</FONT></P>
  <P align=center><FONT face=serif size=2>4</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Article
  Ninth of the Registrant's Certificate of Incorporation limits directors'
  monetary liability for actions or omissions made in good faith, which are later
  determined to be a breach of their duty as directors of the Registrant. Article
  Ninth does not eliminate or limit a director's liability for breaches of
  fiduciary duty for actions or omissions which (i) involved a knowing and
  culpable violation of law; (ii) enabled a director or an associate (as defined
  in the Act) to receive an improper personal economic gain; (iii) showed a lack
  of good faith and conscious disregard for his duty as a director under
  circumstances where the director was aware that his actions created an
  unjustifiable risk of serious injury to the Registrant; (iv) constituted a
  sustained and unexcused pattern of inattention that amounted to an abdication of
  his duty; or (v) involved the improper distribution of Registrant assets to its
  shareholders or an improper loan to an officer, director or 5% shareholder.
  Article Ninth also does not preclude suits for equitable relief, such as an
  injunction, nor would it shield directors from liability for violations of the
  federal securities laws. Moreover, Article Ninth does not limit the liability of
  directors for any act or omission that occurred prior to the date the Article
  became effective and does not limit the potential liability of officer-directors
  in their capacity as officers. </FONT></P>
  <P align=left><B><FONT face=serif size=2>Item 7. Exemption from Registration
  Claimed. </FONT></B></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Not Applicable. </FONT></P>
  <P align=left><B><FONT face=serif size=2>Item 8. Exhibits. </FONT></B></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The exhibits filed as part of this
  Registration Statement are set forth below in the Exhibits Index.</FONT></P>
  <P align=left><B><FONT face=serif size=2>Item 9. Undertakings. </FONT></B></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>A. The undersigned Registrant hereby
  undertakes: </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(1) To file,
  during any period in which offers or sales are being made, a post-effective
  amendment to this Registration Statement: </FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 border=0>
  
    <TR>
      <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(i)</FONT></TD>
      <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>To include any
        prospectus required by Section 10(a)(3) of the Securities Act of 1933 (the
        &#147;Securities Act&#148;);</FONT></TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(ii)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>To reflect in the
        prospectus any facts or events arising after the effective date of this
        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 this Registration Statement (or the
        most recent post-effective amendment thereto); and</FONT></TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(iii)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>To include any
        material information with respect to the plan of distribution not
        previously disclosed in this Registration Statement or any material change
        to such information in this Registration Statement;</FONT></TD></TR>
    <TR>
      <TD vAlign=top noWrap>&nbsp;</TD>
      <TD vAlign=top noWrap>&nbsp;</TD>
      <TD vAlign=top noWrap>&nbsp;</TD>
      <TD vAlign=top width="100%">&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2><U>provided</U><FONT face=serif size=2>, </FONT><U><FONT face=serif size=2>however</FONT></U><FONT face=serif size=2>, that paragraphs (i) and
        (ii) above do not apply if the information required to be included in a
        post-effective amendment by those paragraphs is contained in periodic
        reports filed with or furnished to the Commission by the Registrant
        pursuant to Section 13 or Section 15(d) of the Exchange Act that are
        incorporated by reference in this Registration
    Statement.</FONT></FONT></TD></TR></TABLE>
  <P align=center><FONT face=serif size=2>5</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(2) That,
  for the purpose of determining any liability under the Securities Act, each such
  post-effective amendment shall be deemed to be a new registration statement
  relating to the securities offered herein, and the offering of such securities
  at that time shall be deemed to be the initial bona fide offering thereof.
  </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>(3) To
  remove from registration by means of a post-effective amendment any of the
  securities being registered that remain unsold at the termination of the
  offering. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>B. The
  undersigned Registrant hereby undertakes that, for purposes of determining any
  liability under the Securities Act, each filing of the Registrant's annual
  report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and,
  where applicable, each filing of an employee benefit plan's annual report
  pursuant to Section 15(d) of the Exchange Act) 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 </FONT><I><FONT face=serif size=2>bona fide</FONT></I><FONT face=serif size=2> offering thereof.
  </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>C. Insofar
  as indemnification for liabilities arising under the Securities Act may be
  permitted to directors, officers and controlling person of the registrant
  pursuant to the foregoing provisions, or otherwise, the registrant has been
  advised that in the opinion of the Commission such indemnification is against
  public policy as expressed in the Securities Act and is, therefore,
  unenforceable. In the event that a claim for indemnification against such
  liabilities (other than the payment by 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 Securities Act and will be governed by the final adjudication
  of such issue. </FONT></P>
  <P align=center><FONT face=serif size=2>6</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><FONT face=serif size=2>SIGNATURES</FONT></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Pursuant to the requirements of the
  Securities Act of 1933, the registrant 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 Town of Brookfield, State of
  Connecticut, on the 18th day of June, 2008.</FONT></P>
  <P align=center><FONT face=serif size=2>PHOTRONICS, INC.</FONT></P>
  <DIV align=center>
  <TABLE cellSpacing=0 cellPadding=0 width="5%" border=0>
  
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%"><FONT face=serif size=2>By /s/ Richelle E. Burr</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="100%"><FONT face=serif size=2>Richelle E.
        Burr</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="100%"><FONT face=serif size=2>Associate
        General Counsel</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="100%"><FONT face=serif size=2>and Assistant
        Secretary</FONT></TD></TR></TABLE></DIV><BR>
  <P align=center><FONT face=serif size=2>POWER OF ATTORNEY</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>KNOW ALL MEN
  BY THESE PRESENTS that each person whose signature appears below constitutes and
  appoints Richelle E. Burr and Sean T. Smith, and each of them, his true and
  lawful attorney-in-fact and agent, with full power of substitution and
  resubstitution, to act, without the other, for him and in his name, place and
  stead, in any and all capacities, to sign any or all amendments (including
  post-effective amendments) to this Registration Statement, and to file the same,
  with all exhibits thereto, and other documents in connection therewith, with the
  Securities and Exchange Commission, granting unto said attorneys-in-fact and
  agents full power and authority to do and perform each and every act and thing
  requisite and necessary to be done in and about the premises, as fully to all
  intents and purposes as he might or could do in person, hereby ratifying and
  confirming all that said attorneys-in-fact and agents, or any of them, their
  substitute or substitutes may lawfully do or cause to be done by virtue
  hereof.</FONT></P>
  <P align=center><FONT face=serif size=2>7</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>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 dates
  indicated. </FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%"><FONT face=serif size=2>Signature</FONT> </TD>
      <TD align=left width="35%" colSpan=2>&nbsp;</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%"><FONT face=serif size=2>Title</FONT> </TD>
      <TD align=left width="44%">&nbsp;</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%"><FONT face=serif size=2>Date</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD></TR>
    <TR>
      <TD align=left width="1%"></TD>
      <TD align=left width="35%" colSpan=2>&nbsp;</TD>
      <TD align=left width="1%"></TD>
      <TD align=left width="44%"></TD>
      <TD align=left width="1%"></TD>
      <TD align=left width="17%"></TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ Constantine S. Macricostas</FONT>
  </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Chairman of
        the Board of</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>Constantine
        S. Macricostas<FONT size=3>&nbsp; </FONT></FONT></TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Directors
        </FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR>
      <TD width="99%" colSpan=7>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ Michael J. Luttati</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Chief
        Executive Officer (Principal</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>Michael J.
        Luttati<FONT size=3>&nbsp; </FONT></FONT></TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Executive
        Officer) and Director</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR>
      <TD width="99%" colSpan=7>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ Sean T. Smith</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Senior Vice
        President and</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>Sean T.
        Smith<FONT size=3>&nbsp; </FONT></FONT></TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Chief
        Financial Officer</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3></TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>(Principal
        Financial and</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3>&nbsp; </TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Accounting
        Officer)</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR>
      <TD width="99%" colSpan=7>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ Walter M. Fiederowicz</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Director</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>Walter M.
        Fiederowicz</FONT>&nbsp; </TD>
      <TD align=left width="45%" colSpan=2>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR>
      <TD width="99%" colSpan=7>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ Joseph A. Fiorita, Jr.</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Director</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>Joseph A.
        Fiorita, Jr.</FONT>&nbsp; </TD>
      <TD align=left width="45%" colSpan=2>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR>
      <TD width="99%" colSpan=7>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ Willem D. Maris</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Director</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>Willem D.
        Maris<FONT size=3>&nbsp; </FONT></FONT></TD>
      <TD align=left width="45%" colSpan=2>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR>
      <TD width="99%" colSpan=7>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ George Macricostas</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Director</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>George
        Macricostas</FONT>&nbsp; </TD>
      <TD align=left width="45%" colSpan=2>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR>
    <TR>
      <TD width="99%" colSpan=7>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="19%" colSpan=2><FONT face=serif size=2>/s/ Mitchell G. Tyson</FONT> </TD>
      <TD align=left width="17%">&nbsp;</TD>
      <TD align=left width="45%" colSpan=2><FONT face=serif size=2>Director</FONT>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2><FONT face=serif size=2>June 18,
        2008</FONT>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD align=left width="36%" colSpan=3><FONT face=serif size=2>Mitchell G.
        Tyson</FONT>&nbsp; </TD>
      <TD align=left width="45%" colSpan=2>&nbsp; </TD>
      <TD align=left width="18%" colSpan=2>&nbsp; </TD></TR></TABLE><BR>
  <P align=center><FONT face=serif size=2>8</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><FONT face=serif size=2>EXHIBITS INDEX </FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="1%"><FONT face=serif size=2>Exhibit No.</FONT> </TD>
      <TD align=left width="14%">&nbsp;</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%"><FONT face=serif size=2>Description</FONT> </TD>
      <TD align=left width="83%">&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top align=left width="15%" colSpan=2><FONT face=serif size=2>3.1</FONT></TD>
      <TD vAlign=top align=left width="84%" colSpan=2><FONT face=serif size=2>Certificate of Incorporation (incorporated by reference to Exhibit
        3.1 to the Registrant&#146;s Annual Report on Form 10-K for the fiscal year
        ended October 28, 2007 (Commission File Number 0-15451).</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top align=left width="15%" colSpan=2><FONT face=serif size=2>3.2</FONT></TD>
      <TD vAlign=top align=left width="84%" colSpan=2><FONT face=serif size=2>By-laws of the Registrant, (incorporated by reference to Exhibit
        3.2 to the Registrant&#146;s Registration Statement on Form S-1, File Number
        33-11694, which was declared effective by the Commission on March 10,
        1987).</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top align=left width="15%" colSpan=2><FONT face=serif size=2>4.1</FONT></TD>
      <TD vAlign=top align=left width="84%" colSpan=2><FONT face=serif size=2>Photronics, Inc. 2007 Long Term Equity Incentive Plan, as approved,
        at the Annual Meeting of Shareholders on March 30, 2007.</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top align=left width="15%" colSpan=2><FONT face=serif size=2>5.1</FONT></TD>
      <TD vAlign=top align=left width="84%" colSpan=2><FONT face=serif size=2>Opinion of Richelle E. Burr, Esq.</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top align=left width="15%" colSpan=2><FONT face=serif size=2>23.1</FONT></TD>
      <TD vAlign=top align=left width="84%" colSpan=2><FONT face=serif size=2>Consent of Deloitte &amp; Touche LLP.</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top align=left width="15%" colSpan=2><FONT face=serif size=2>23.2</FONT></TD>
      <TD vAlign=top align=left width="84%" colSpan=2><FONT face=serif size=2>Consent of Richelle E. Burr, Esq. (contained in Exhibit
      5.1).</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD vAlign=top align=left width="15%" colSpan=2><FONT face=serif size=2>24.1</FONT></TD>
      <TD vAlign=top align=left width="84%" colSpan=2><FONT face=serif size=2>Power of Attorney (contained on the Signature Page of this
        Registration Statement).</FONT></TD></TR></TABLE><BR>
  <P align=center><FONT face=serif size=2>9</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  
  </BODY>
  
  </HTML>
metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "photronics_s8.htm", "description": "INITIAL STATEMENT", "secsgml_size_bytes": 36626}]
metadata_filer: {"company-data": {"conformed-name": "PHOTRONICS INC", "cik": "0000810136", "assigned-sic": "3674", "irs-number": "060854886", "state-of-incorporation": "CT", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-151763", "film-number": "08906347"}, "business-address": {"street1": "15 SECOR ROAD", "street2": "PO BOX 5226", "city": "BROOKFIELD", "state": "CT", "zip": "06804", "phone": "2037759000"}, "mail-address": {"street1": "15 SECOR ROAD", "street2": "P O BOX 5226", "city": "BROOKFIELD", "state": "CT", "zip": "06804"}, "former-company": {"former-conformed-name": "PHOTRONIC LABS INC", "date-changed": "19900514"}}
text: As filed with the Securities and
  Exchange Commission on June 18, 2008
  Registration No.333
    -
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C.
  20549
  ________
  Form S-8
  REGISTRATION STATEMENT
  UNDER
  THE SECURITIES ACT OF
  1933
  PHOTRONICS, INC.
  (Exact name of registrant as specified in its
  charter)
  CONNECTICUT
  06-0854886
  (State or
        other jurisdiction of
  (I.R.S.
        Employer
  incorporation
        or organization)
  Identification
        No.)
  15 Secor Road
  Brookfield, CT 06804
  (Address of Principal Executive
  Offices)
  2007 Long Term Equity Incentive Plan
  (Full title of the plan)
  Richelle E. Burr
  Associate General Counsel and Assistant Secretary
  PHOTRONICS, INC.
  15 Secor Road
  Brookfield, CT 06804
  (Name and address of agent for service)
  (203) 775-9000
  (Telephone number, including area code, of agent for
  service)
  Indicate by check mark whether the registrant is a
  "large accelerated filer", an "accelerated filer" or a "smaller reporting
  company".
  Large
        accelerated filer
  o
  Accelerated
        filer
  x
  Non-accelerated
        filer
  o
  Smaller
        reporting company
  o
  (do not check if
        a smaller reporting company)
  CALCULATION OF REGISTRATION FEE
  Title of
        Securities to be
  Amount to
        be
  Proposed
        maximum
  Proposed
        maximum
  Amount of
  Registered
  registered
        (1)
  offering price
        per share (2)
  aggregate
        offering price (2)
  registration fee
  Common Stock, Par
        Value $.01
  3,000,000
  $
  8.1
  24,300,000
  $955
  (1)
  This Registration
        Statement relates to the registration of 3,000,000 shares of Common Stock,
        $0.01 par value, of Photronics, Inc. (the "Company") to be offered
        pursuant to the Company's 2007 Long Term Equity Incentive Plan (the
        "Plan"). In addition, pursuant to Rule 416(a) under the Securities Act of
        1933 (the "Securities Act"), this Registration Statement also covers any
        additional shares of the common stock that become issuable under the Plan
        by reason of any stock dividend, stock split, recapitalization or other
        similar transaction(s) in accordance with anti-dilution provisions of the
        Plan.
  (2)
  Estimated solely for
        the purpose of calculating the registration fee in accordance with Rule
        457 (c) and (h) under the Securities Act of 1933, as amended (the
        "Securities Act"). The Proposed Maximum Offering Price is based on the
        average of the high and low sale prices of the Common Stock of the
        Registrant as reported on the NASDAQ Stock Market on June 17,
      2008.
  2
  PART I
  INFORMATION REQUIRED IN THE SECTION
  10(a) PROSPECTUS
  Item 1.
  Plan Information.*
  Item
  2.
  Registrant Information and Employee Plan Annual
        Information.*
  ____________________
  *
  Information required by
        Part I to be contained in the Section 10(a) prospectus is omitted from
        this Registration Statement in accordance with Rule 428 under the
        Securities Act and the "Note" to Part I of Form
  S-8.
  3
  PART II
  INFORMATION REQUIRED IN THE REGISTRATION
  STATEMENT
  Item 3. Incorporation of Documents by
  Reference.
  The
  following information filed by Photronics, Inc. (the "Registrant" or
  "Photronics") with the Securities and Exchange Commission (the "Commission") is
  incorporated herein by reference:
  (a) The
  Registrant's annual report on Form 10-K for the fiscal year ended October 28,
  2007 (filed on January 11, 2008);
  (b) The
  Registrant's quarterly reports on Form 10-Q for the fiscal quarter ended April
  27, 2008 (filed on June 5, 2008), and January 27, 2008 (filed March 6,
  2008).
  (c) The
  Registrant's current reports on Form 8-K, filed May 14, 2008 and April 30,
  2008.
  (d) The
  description of the Registrant's common stock included in its Registration
  Statement on Form S-3, filed on June 14, 2005.
  In addition,
  all documents filed by the Registrant with the Commission pursuant to Sections
  13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended
  (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 have been sold or which deregisters all securities then remaining unsold
  shall be deemed to be incorporated by reference into this Registration Statement
  and to be a part hereof from the date of filing of such documents with the
  Commission. Any statement contained in a document incorporated by reference
  herein shall be deemed to be modified or superseded for purposes of this
  Registration Statement to the extent that a statement contained herein or in any
  other subsequently filed document which also is or is deemed to be incorporated
  by reference herein modifies or supersedes such statement. Any statement so
  modified or superseded shall not be deemed, except as so modified or superseded,
  to constitute a part of this Registration Statement.
  Item 4. Description of Securities.
  Not applicable; the class of
  securities to be offered is registered under Section 12 of the Exchange
  Act.
  Item 5. Interests of Named Experts and
  Counsel.
  None.
  Item 6. Indemnification of Directors
  and Officers.
  Under applicable Connecticut law,
  the Registrant shall provide for indemnification of its directors, officers,
  employees and agents. Applicable Connecticut law requires the Registrant to
  indemnify a director against judgments and other expenses of litigation when he
  is sued by reason of his being a director in any proceeding brought, other than
  on behalf of the corporation, if a director is successful on the merits in
  defense, or acted in good faith and in a manner reasonably believed to be in the
  best interests of the corporation, and in all other cases that his conduct was
  at least not opposed to the best interests of the corporation, or in a criminal
  action or proceeding, had no reasonable cause to believe his conduct was
  unlawful. In a proceeding brought on behalf of a corporation (a derivative
  action), a director is entitled to be indemnified by the corporation for
  reasonable expenses of litigation, if the director is finally adjudged not to
  have breached his duty to the corporation. In addition, a director is entitled
  to indemnification for both derivative and non-derivative actions, if a court
  determines, upon application, that the director is fairly and reasonably
  entitled to be indemnified. Finally, the Registrant maintains director and
  officer liability insurance which provides insurance for the Registrant's
  directors and officers in connection with claims brought against them in their
  capacity as such with the Registrant.
  4
  Article
  Ninth of the Registrant's Certificate of Incorporation limits directors'
  monetary liability for actions or omissions made in good faith, which are later
  determined to be a breach of their duty as directors of the Registrant. Article
  Ninth does not eliminate or limit a director's liability for breaches of
  fiduciary duty for actions or omissions which (i) involved a knowing and
  culpable violation of law; (ii) enabled a director or an associate (as defined
  in the Act) to receive an improper personal economic gain; (iii) showed a lack
  of good faith and conscious disregard for his duty as a director under
  circumstances where the director was aware that his actions created an
  unjustifiable risk of serious injury to the Registrant; (iv) constituted a
  sustained and unexcused pattern of inattention that amounted to an abdication of
  his duty; or (v) involved the improper distribution of Registrant assets to its
  shareholders or an improper loan to an officer, director or 5% shareholder.
  Article Ninth also does not preclude suits for equitable relief, such as an
  injunction, nor would it shield directors from liability for violations of the
  federal securities laws. Moreover, Article Ninth does not limit the liability of
  directors for any act or omission that occurred prior to the date the Article
  became effective and does not limit the potential liability of officer-directors
  in their capacity as officers.
  Item 7. Exemption from Registration
  Claimed.
  Not Applicable.
  Item 8. Exhibits.
  The exhibits filed as part of this
  Registration Statement are set forth below in the Exhibits Index.
  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 (the
        "Securities Act");
  (ii)
  To reflect in the
        prospectus any facts or events arising after the effective date of this
        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 this Registration Statement (or the
        most recent post-effective amendment thereto); and
  (iii)
  To include any
        material information with respect to the plan of distribution not
        previously disclosed in this Registration Statement or any material change
        to such information in this Registration Statement;
  provided
  ,
  however
  , that paragraphs (i) and
        (ii) above do not apply if the information required to be included in a
        post-effective amendment by those paragraphs is contained in periodic
        reports filed with or furnished to the Commission by the Registrant
        pursuant to Section 13 or Section 15(d) of the Exchange Act that are
        incorporated by reference in this Registration
    Statement.
  5
  (2) That,
  for the purpose of determining any liability under the Securities Act, each such
  post-effective amendment shall be deemed to be a new registration statement
  relating to the securities offered herein, 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 that 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, each filing of the Registrant's annual
  report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and,
  where applicable, each filing of an employee benefit plan's annual report
  pursuant to Section 15(d) of the Exchange Act) 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 may be
  permitted to directors, officers and controlling person of the registrant
  pursuant to the foregoing provisions, or otherwise, the registrant has been
  advised that in the opinion of the Commission such indemnification is against
  public policy as expressed in the Securities Act and is, therefore,
  unenforceable. In the event that a claim for indemnification against such
  liabilities (other than the payment by 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 Securities Act and will be governed by the final adjudication
  of such issue.
  6
  SIGNATURES
  Pursuant to the requirements of the
  Securities Act of 1933, the registrant 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 Town of Brookfield, State of
  Connecticut, on the 18th day of June, 2008.
  PHOTRONICS, INC.
  By /s/ Richelle E. Burr
  Richelle E.
        Burr
  Associate
        General Counsel
  and Assistant
        Secretary
  POWER OF ATTORNEY
  KNOW ALL MEN
  BY THESE PRESENTS that each person whose signature appears below constitutes and
  appoints Richelle E. Burr and Sean T. Smith, and each of them, his true and
  lawful attorney-in-fact and agent, with full power of substitution and
  resubstitution, to act, without the other, for him and in his name, place and
  stead, in any and all capacities, to sign any or all amendments (including
  post-effective amendments) to this Registration Statement, and to file the same,
  with all exhibits thereto, and other documents in connection therewith, with the
  Securities and Exchange Commission, granting unto said attorneys-in-fact and
  agents full power and authority to do and perform each and every act and thing
  requisite and necessary to be done in and about the premises, as fully to all
  intents and purposes as he might or could do in person, hereby ratifying and
  confirming all that said attorneys-in-fact and agents, or any of them, their
  substitute or substitutes may lawfully do or cause to be done by virtue
  hereof.
  7
  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 dates
  indicated.
  Signature
  Title
  Date
  /s/ Constantine S. Macricostas
  Chairman of
        the Board of
  June 18,
        2008
  Constantine
        S. Macricostas
  Directors
  /s/ Michael J. Luttati
  Chief
        Executive Officer (Principal
  June 18,
        2008
  Michael J.
        Luttati
  Executive
        Officer) and Director
  /s/ Sean T. Smith
  Senior Vice
        President and
  June 18,
        2008
  Sean T.
        Smith
  Chief
        Financial Officer
  (Principal
        Financial and
  Accounting
        Officer)
  /s/ Walter M. Fiederowicz
  Director
  June 18,
        2008
  Walter M.
        Fiederowicz
  /s/ Joseph A. Fiorita, Jr.
  Director
  June 18,
        2008
  Joseph A.
        Fiorita, Jr.
  /s/ Willem D. Maris
  Director
  June 18,
        2008
  Willem D.
        Maris
  /s/ George Macricostas
  Director
  June 18,
        2008
  George
        Macricostas
  /s/ Mitchell G. Tyson
  Director
  June 18,
        2008
  Mitchell G.
        Tyson
  8
  EXHIBITS INDEX
  Exhibit No.
  Description
  3.1
  Certificate of Incorporation (incorporated by reference to Exhibit
        3.1 to the Registrant's Annual Report on Form 10-K for the fiscal year
        ended October 28, 2007 (Commission File Number 0-15451).
  3.2
  By-laws of the Registrant, (incorporated by reference to Exhibit
        3.2 to the Registrant's Registration Statement on Form S-1, File Number
        33-11694, which was declared effective by the Commission on March 10,
        1987).
  4.1
  Photronics, Inc. 2007 Long Term Equity Incentive Plan, as approved,
        at the Annual Meeting of Shareholders on March 30, 2007.
  5.1
  Opinion of Richelle E. Burr, Esq.
  23.1
  Consent of Deloitte & Touche LLP.
  23.2
  Consent of Richelle E. Burr, Esq. (contained in Exhibit
      5.1).
  24.1
  Power of Attorney (contained on the Signature Page of this
        Registration Statement).
  9