EX-5.1 3 exhbt51.htm OPINION OF SNR DENTON US LLP exhbt51.htm


Exhibit 5.1

 
SNR Denton US LLP
Two World Financial Center
225 Liberty Street
New York, NY 10281-2699 USA
T    +1 212 768 6700
F    +1 212 768 6800
snrdenton.com



September 29, 2011

GraphOn Corporation
5400 Soquel Avenue, Suite A2
Santa Cruz, California 95062

Re:  Registration Statement on Form S-8

Ladies and Gentlemen:

In our capacity as counsel to GraphOn Corporation, a Delaware corporation (the “Company”), we have been asked to render this opinion in connection with a registration statement on Form S-8 (the “Registration Statement”) being filed contemporaneously herewith by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), covering 11,438,333 shares (the “Shares”) of common stock, par value $0.0001 per share, of the Company issuable pursuant to the terms of the Company’s 2008 Equity Incentive Plan, as amended September 8, 2011 (the “Plan”).
 
In connection with rendering this opinion, we have examined and are familiar with the Company’s Amended and Restated Certificate of Incorporation, the Company’s Second Amended and Restated By-Laws, the Plan, the Registration Statement, corporate proceedings of the Company relating to the Plan and such other instruments and documents as we have deemed relevant under the circumstances.
 
In making the aforesaid examinations, we have assumed the genuineness of all signatures and the conformity to original documents of all copies furnished to us as original or photostatic copies. We have also assumed that the corporate records furnished to us by the Company include all corporate proceedings taken by the Company to date.
 
Based upon the foregoing and subject to the assumptions and qualifications set forth herein, we are of the opinion that the Shares have been duly and validly authorized and, when issued and paid for in accordance with the terms of the Plan, will be duly and validly issued, fully paid and non-assessable.
 
The foregoing opinion is limited to the laws of the United States of America and Delaware corporate law (which includes the Delaware General Corporation Law and applicable provisions of the Delaware constitution, as well as reported judicial decisions interpreting same) and does not purport to express any opinion on the laws of any other jurisdiction.
 
We hereby consent to the use of our opinion as an exhibit to the Registration Statement. In giving such consent, we do not hereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the SEC thereunder.
 
Very truly yours,
 
/s/ SNR Denton US LLP