EX-5.1 3 dex51.htm OPINION OF PEPPER HAMILTON LLP Opinion of Pepper Hamilton LLP

Exhibit 5.1

 

Pepper Hamilton LLP

Attorneys at Law

 

3000 Two Logan Square

Eighteenth and Arch Streets

Philadelphia, PA 19103-2799

215.981.4000

Fax 215.981.4750

 

January 22, 2004

 

Integrated Circuit Systems, Inc.

2435 Boulevard of the Generals

Norristown, PA 19403-3661

 

  Re: Registration Statement on Form S-8

 

Ladies and Gentlemen:

 

Reference is made to a registration statement on Form S-8 (the “Registration Statement”) of Integrated Circuit Systems, Inc., a Pennsylvania corporation (the “Company”), to be filed with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Act). The Registration Statement relates to the offer and sale by the Company of 703,564 shares of common stock, par value $.01 per share (the “Shares”), of the Company pursuant to the Company’s 2000 Long-Term Equity Incentive Plan (the “Plan”).

 

In this connection, we have examined the Registration Statement, including the exhibits thereto, the originals or copies, certified or otherwise identified to our satisfaction, of the Articles of Incorporation and the By-Laws of the Company as amended to date, and such other documents and corporate records relating to the Company as we have deemed appropriate for the purpose of rendering the opinion expressed herein. The opinion expressed herein is based exclusively on the applicable provisions of the Pennsylvania Business Corporation Law and federal securities laws as in effect on the date hereof.

 

On the basis of the foregoing, we are of the opinion that the Shares, when issued and paid for in accordance with the Plan, will be legally issued, fully paid and non-assessable.

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Act or the rules or regulations of the Commission thereunder.

 

Very truly yours,

 

/s/    PEPPER HAMILTON LLP