EX-5.1 3 g22821exv5w1.htm EX-5.1 exv5w1
EXHIBIT 5.1
(HOLLAND & KINGHT LOGO)
100 North Tampa Street, Suite 4100 | Tampa, FL 33602 | T 813.227.8500 | F 813.229.0134
Holland & Knight LLP | www.hklaw.com
April 6, 2010
Jabil Circuit, Inc.
10560 Dr. Martin Luther King, Jr. Street North
St. Petersburg, Florida 33716
  Re:  Registration Statement on Form S-8
Gentlemen:
     We refer to the Registration Statement (the “Registration Statement”) on Form S-8 filed today by Jabil Circuit, Inc. (the “Company”) with the Securities and Exchange Commission, for the purpose of registering under the Securities Act of 1933, as amended (the “Securities Act”), an aggregate of 8,200,000 shares (the “Shares”) of the authorized common stock, par value $0.001 per share, of the Company to be reserved for issuance pursuant to the awards granted pursuant to the Jabil Circuit, Inc. 2002 Stock Incentive Plan, as amended (the “Plan”).
     In rendering the opinion set forth herein, we have acted as counsel for the Company and have examined originals, or copies certified to our satisfaction, of (i) the Registration Statement, (ii) the Certificate of Incorporation of the Company, as amended to date and currently in effect, (iii) the Bylaws of the Company, as amended to date and currently in effect, (iv) the Plan, (v) certain resolutions of the Board of Directors of the Company adopted in connection with an amendment to the Plan and the Registration Statement, and (vi) the minutes from the Company’s annual meeting of stockholders at which a proposal to approve an amendment to increase the size of the Plan by 8,200,000 shares was approved by the Company’s stockholders. We also examined originals, or copies certified to our satisfaction, of such corporate records of the Company, certificates of public officials, and representatives of the Company, and other documents as we deemed necessary to deliver the opinion expressed below.
     In such examination, we have assumed (i) the authenticity of original documents and the genuineness of all signatures, (ii) the conformity to the originals of all documents submitted to us as copies, (iii) the truth, accuracy, and completeness of the information, representations, and warranties contained in the records, documents, instruments, and certificates we have reviewed, (iv) that there has been no undisclosed waiver of any right, remedy or provision contained in any such documents and (v) that each transaction complies with all tests of good faith, fairness and conscionability required by law.
     Based upon and subject to the foregoing, and having regard for legal considerations that we deem relevant, we are of the opinion that the Shares have been duly authorized and, when issued and paid for in accordance with the terms of the Plan, will be validly issued and fully paid and non-assessable.
     This opinion speaks only as of its date. We undertake no obligation to advise the addressees (or any other third party) of changes in law or fact that occur after the date hereof, even though the change may affect the legal analysis, a legal conclusion or an informational confirmation in the opinion.
     We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement. In

 


 

Jabil Circuit, Inc.
April 6, 2010
Page 2
giving such consent, we do not thereby admit that we are included within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Securities and Exchange Commission issued thereunder.
         
  Very truly yours,
 
 
  /s/ Holland & Knight LLP    
 
HOLLAND & KNIGHT LLP