EX-5.1 3 a2077063zex-5_1.txt OPINION OF WSGR Exhibit 5.1 April 16, 2002 Hewlett-Packard Company 3000 Hanover Street Palo Alto, California 94304 RE: REGISTRATION STATEMENT ON FORM S-3 Ladies and Gentlemen: We have examined the Registration Statement on Form S-3 to be filed by you with the Securities and Exchange Commission on or about the date hereof (the "Registration Statement") in connection with the registration under the Securities Act of 1933, as amended, of an aggregate of up to 21,126,566 shares (the "Shares") of your common stock for issuance under Compaq Computer Corporation's 2001 Stock Option Plan, 1998 Stock Option Plan, 1995 Equity Incentive Plan, 1989 Equity Incentive Plan, 1985 Stock Option Plan, 1985 Executive and Key Employee Stock Option Plan, 1985 Nonqualified Stock Option Plan, 1998 Former Non-employee Replacement Option Plan, and Nonqualified Stock Option Plan for Non-Employee Directors (collectively, the "Plans"). As your legal counsel, we have examined the proceedings taken and are familiar with the proceedings proposed to be taken by you in connection with the sale and issuance of the Shares under the Plans. In addition, for purposes of this opinion we have assumed that the consideration received by the Company in connection with each issuance of the Shares will include an amount in the form of cash, services rendered or property that exceeds the greater of (i) the aggregate par value of such Shares or (ii) the portion of such consideration determined by the Company's Board of Directors to be "capital" for purposes of the Delaware General Corporation Law. Based upon the foregoing, it is our opinion that, when issued and sold in the manner referred to in the respective Plan and pursuant to the agreements which accompany the respective Plan, the Shares issued and sold thereby will be legally and validly issued, fully paid and non-assessable. We consent to the use of this opinion as an exhibit to the Registration Statement and further consent to the use of our name wherever appearing in the Registration Statement, including any prospectus constituting a party thereof and any amendments thereto. Very truly yours, WILSON SONSINI GOODRICH & ROSATI Professional Corporation /s/ Wilson Sonsini Goodrich & Rosati