Four experiments support the hypothesis that syntactically relevant information about verbs is encoded in the lexicon in semantic event templates. A verb's event template represents the participants in an event described by the verb and the relations among the participants. The experiments show that lexical decision times are longer for verbs with more complex templates than verbs with less complex templates and that, for both transitive and intransitive sentences, sentences containing verbs with more complex templates take longer to process. In contrast, sentence processing times did not depend on the probabilities with which the verbs appear in transitive versus intransitive constructions in a large corpus of naturally produced sentences.