EX-5 2 o52772x5.txt OPINION OF MCDERMOTT, WILL & EMERY Exhibit 5 A Partnership Including Boston Professional Corporations Chicago 227 West Monroe Street London Chicago, IL 60606-5096 Los Angeles 312-372-2000 Miami Facsimile 312-984-7700 Moscow http://www.mwe.com New York Orange County St. Petersburg Silicon Valley Vilnius Washington, D.C. MCDERMOTT, WILL & EMERY June 7, 2001 Office Depot, Inc. 2200 Old Germantown Road Delray Beach, Florida 33445 RE: 6,000,000 Shares of Common Stock ($0.01 par value) including Preferred Share Purchase Rights for the Direct Stock Purchase Plan (the "Plan") ----------------------------------------------- Ladies and Gentlemen: We have acted as counsel for Office Depot, Inc. (the "Company") in connection with the preparation and filing of a Registration Statement on Form S-3 (the "Registration Statement") for the registration under the Securities Act of 1933, as amended, of 6,000,000 shares of the Company's Common Stock, $0.01 par value (the "Common Stock") including the related Preferred Share Purchase Rights, which may be purchased pursuant to the Plan. We have conferred with various officers of the Company and have ascertained or verified, to our satisfaction, such facts as we deemed necessary or appropriate for the purposes of this opinion. Based on the foregoing, we are of the opinion that all legal and corporate proceedings necessary for the authorization, issuance and delivery of the shares of Common Stock under the Plan have been duly taken, and the Common Stock, upon acquisition pursuant to the terms of the Plan, and the related Preferred Share Purchase Rights will be duly authorized, legally and validly issued, fully paid and nonassessable. We hereby consent to all references to our Firm in the Registration Statement and to the filing of this opinion by the Company as an Exhibit to the Registration Statement. Very truly yours, /s/ McDermott, Will & Emery McDermott, Will & Emery