The interaction of nitric oxide (NO) with an Ir(lll) surface has been studied with supersonic molecular beam techniques and electron energy loss spectroscopy. Initial adsorption probability So, measurements as a function of incident kinetic energy E(i), surface temperature T-s, and angle of incidence theta(i) reveal that separate mechanisms govern adsorption at low and high kinetic energy. This distinction is reflected in measurements of the initial molecular adsorption probability where a decrease in the value of S-0 with increasing T-s (between 77 and 300 K) is observed at low kinetic energy (E(i)<0.45 eV), but no surface temperature dependence is detected at high kinetic energy in this temperature range. We present a model describing both the molecular and dissociative chemisorption of NO on Ir(lll). At low kinetic energy, NO adsorbs initially as a physically adsorbed species. From this state, desorption to the gas phase or conversion to a molecularly chemisorbed state on the surface are competing processes which depend on surface temperature. The molecularly chemisorbed state is the precursor to dissociation for elevated surface temperatures. At high kinetic energy, NO adsorption occurs directly into the molecularly chemisorbed well, with the probability of trapping as a physically adsorbed species near zero and with undetectable direct dissociation. Indeed, after exposure of the Ir(111) surface at 77 K to a high kinetic energy (1.3 eV) beam, surface vibrational spectroscopy measurements show only features attributable to molecularly chemisorbed NO. The success of this model in describing our measurements is demonstrated by the separate calculation from low and high kinetic energy data of rate constants corresponding to forward and reverse conversion from the molecularly chemisorbed well. Additionally, we discuss attempts to promote dissociation on the surface with vibrational energy and with a combination of translational and surface thermal energy.