EX-5.2 4 ex5-2.txt EXHIBIT 5.2 May 24, 2002 By Federal Express Iron Mountain Incorporated 745 Atlantic Avenue Boston, MA 02111 Re: Registration Statement on Form S-8 Ladies and Gentlemen: We have acted as special Pennsylvania counsel to Iron Mountain Incorporated, a Pennsylvania corporation (the "Company"), in connection with the registration under the Securities Act of 1933, as amended (the "Act"), by the Company of 1,352,543 shares (the "Shares") of its Common Stock, par value $.01 per share, that are issuable upon the exercise of options granted pursuant to the provisions of the Company's 2002 Stock Incentive Plan (the "Plan"). The following opinion is furnished to you to be filed with the Securities and Exchange Commission as Exhibit 5.2 to the Company's registration statement on Form S-8 under the Act. In rendering our opinion, we have examined originals or copies, certified or otherwise identified to our satisfaction, of the Plan and such other documents, certificates and other instruments and such matters of law as in our judgment are necessary or appropriate to enable us to render the opinion expressed below. In giving this opinion, we are assuming the authenticity of all instruments presented to us as originals, the conformity with the originals of all instruments presented to us as copies and the genuineness of all signatures. We express no opinion herein as to the laws of any jurisdiction other than the Commonwealth of Pennsylvania, and we express no opinion as to federal and state securities or blue sky laws. This opinion is limited to the matters expressly stated herein. No implied opinion may be inferred to extend this opinion beyond the matters expressly stated herein. We do not undertake to advise you or anyone else of any changes in the opinions expressed herein resulting from changes in law, changes in fact or any other matters that hereafter might occur or be brought to our attention. Iron Mountain Incorporated May 24, 2002 Page 2 Based on and subject to the foregoing, we are of the opinion that when issued and paid for in accordance with the terms of the Plan and the options granted thereunder, the Shares will be legally issued, fully paid and non-assessable. We consent to the filing of this opinion as an exhibit to the Registration Statement on Form S-8 being filed with respect to the Shares. Very truly yours, /s/ Ballard Spahr Andrews & Ingersoll, LLP