Exhibit 5.01
[LETTERHEAD OF GIBSON, DUNN & CRUTCHER LLP]
May 26, 2009
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(415) 393-8200
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C 18861-00004 |
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(415) 986-5309 |
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Cadence Design Systems, Inc. |
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2655 Seely Avenue, Building 5 |
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San Jose, CA 95134 |
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Re:
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Cadence Design Systems, Inc. |
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Registration Statement on Form S-8 |
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-8 (the Registration Statement), of
Cadence Design Systems, Inc., a Delaware corporation (the Company) filed with the Securities and
Exchange Commission (the Commission) pursuant to the Securities Act of 1933, as amended (the
Securities Act), in connection with the offering by the Company of up to 12,500,000 shares of the
Companys common stock, par value $0.01 per share (the Shares), subject to issuance by the
Company under its Amended and Restated Employee Stock Purchase Plan (the Plan).
We have examined the originals, or photostatic or certified copies, of such records of the
Company and certificates of officers of the Company and of public officials and such other
documents as we have deemed relevant and necessary as the basis for the opinions set forth below.
In our examination, we have assumed the genuineness of all signatures, the legal capacity and
competency of all natural persons, the authenticity of all documents submitted to us as originals
and the conformity to original documents of all documents submitted to us as copies.
Based upon the foregoing examination and in reliance thereon, and subject to the assumptions
stated and in reliance on statements of fact contained in the documents that we have examined, we
are of the opinion that the Shares, when issued in accordance with the terms of the Plan, will be
validly issued, fully paid and non-assessable.
We render no opinion herein as to matters involving the laws of any jurisdiction other than
the Delaware General Corporation Law (the DGCL). We are not admitted to practice in the State of
Delaware; however, we are generally familiar with the DGCL as currently in effect and have made
such inquiries as we consider necessary to render the opinions above. This opinion is limited to
the effect of the current state of the law of the DGCL and the facts as they currently exist. We
assume no obligation to revise or supplement this opinion in the event of future changes in such
law or the interpretations thereof or such facts.
We consent to the filing of this opinion as an exhibit to the Registration Statement. In
giving this consent, we do not thereby admit that we are within the category of persons whose
consent is required under Section 7 of the Securities Act or the Rules and Regulations of the
Commission.
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Very truly yours, |
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/s/ GIBSON, DUNN & CRUTCHER LLP |