Opinion Letter – In-House Counsel – S-8 Registered Securities – Staples Inc.
[STAPLES LETTERHEAD]
June 9, 2009
Staples, Inc.
500 Staples Drive
Framingham, Massachusetts 01702
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Re: |
Amended and Restated 1998 Employee Stock Purchase Plan, as amended |
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Amended and Restated International Employee Stock Purchase Plan, as |
Ladies and Gentlemen:
I have assisted in the preparation of the Registration Statement on Form S-8
(the “Registration Statement”) to be filed with the Securities and Exchange
Commission (the “Commission”) under the Securities Act of 1933, as amended (the
“Securities Act”), relating to an aggregate of 8,500,000 shares of common stock,
$0.0006 par value per share (the “Shares”), of Staples, Inc., a Delaware
corporation (the “Company”), issuable under the Company153s Amended and Restated
1998 Employee Stock Purchase Plan, as amended, and Amended and Restated
International Employee Stock Purchase Plan, as amended (the “Plans”).
I have examined the Certificate of Incorporation and By-Laws of the Company,
each as amended and restated to date, and originals, or copies certified to my
satisfaction, of all pertinent records of the meetings of the directors and
stockholders of the Company, the Registration Statement and such other documents
relating to the Company as I have deemed material for the purposes of this
opinion.
In my examination of the foregoing documents, I have assumed the genuineness
of all signatures, the authenticity of all documents submitted to me as
originals, the conformity to original documents of all documents submitted to me
as certified, photostatic or other copies, the authenticity of the originals of
any such documents and the legal competence of all signatories to such
documents.
I express no opinion herein as to the laws of any state or jurisdiction other
than the state laws of The Commonwealth of Massachusetts, the General
Corporation Law of the State of Delaware and the federal laws of the United
States of America. It is understood that this opinion is to be used only in
connection with the offer and sale of the Shares while the Registration
Statement is in effect.
Please note I am opining only as to the matters expressly set forth herein,
and no opinion should be inferred as to any other matters. I assume no
obligation to revise or supplement this opinion should the present laws, or the
interpretation therof, be changed in respect of any circumstances or events that
occur subsequent to the date hereof.
Based on the foregoing, I am of the opinion that the Shares have been duly
authorized for issuance and, when the Shares are issued and paid for in
accordance with the terms and conditions of the Plan, the Shares will be validly
issued, fully paid and nonassessable.
I hereby consent to the filing of this opinion with the Commission in
connection with the Registration Statement in accordance with the requirements
of Item 601(b)(5) of Regulation S-K under the Securities Act. In giving such
consent, I do not hereby admit that I am in the category of persons whose
consent is required under Section 7 of the Securities Act or the rules and
regulations of the Commission.
Very truly yours,
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/s/ MARK A. WEISS |
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Mark A. Weiss |
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Vice President, Assistant General Counsel |
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