Exhibit 5.1
OPINION OF BAKER & MCKENZIE, LLP
July 2, 2008
Energy Recovery, Inc.
1908 Doolittle Drive
San Leandro, California 94577
Re: Registration Statement on Form S-8
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-8 to be filed by you with the Securities
and Exchange Commission on or about July 3, 2008 (the Registration Statement), in connection with
the registration under the Securities Act of 1933, as amended (the Securities Act), of 2,703,217
shares of your Common Stock, par value $0.01 per share (the Shares), (i) 180,417 shares of which
are subject to currently outstanding options under the 2002 Stock Option/Stock Issuance Plan, (ii)
333,958 shares of which are subject to currently outstanding options under the 2004 Stock
Option/Stock Issuance Plan, (iii) 788,842 shares of which are subject to currently outstanding
options under the 2006 Stock Option/Stock Issuance Plan and (iv) 1,400,000 shares of which are
reserved for issuance under the 2008 Equity Incentive Plan (collectively, the Plans). As your
counsel in connection with this transaction, we have examined the proceedings taken and proposed to
be taken by you in connection with the issuance and sale of the Shares pursuant to the Plans.
In rendering this opinion, we have assumed the genuineness of all signatures on all documents
examined by us, the due authority of the parties signing such documents, the authenticity of all
documents submitted to us as originals, the conformity to the originals of all documents submitted
to us as copies and that the offer and sale of the Shares complies in all respects with the terms,
conditions and restrictions set forth in the Registration Statement and the Plans. We have also
assumed that at the time of each issuance of Shares, there will be a sufficient number of shares of
your Common Stock authorized for issuance under your certificate of incorporation that have not
otherwise been issued or reserved or committed for issuance.
Based upon the foregoing and subject to the limitations, qualifications, exceptions and
assumptions set forth herein, it is our opinion that, when issued and sold in the manner described
in the Plans and pursuant to the agreements which accompany each grant under the Plans, the Shares
will be legally and validly issued, fully-paid and non-assessable.
This opinion is based as to matters of law solely on the Delaware General Corporation Law, as
amended. We express no opinion herein as to any other laws, statutes, ordinances, rules or
regulations. As used herein, the term Delaware General Corporation Law, as amended includes the
statutory provisions contained therein, all applicable provisions of the Delaware Constitution and
reported judicial decisions interpreting these laws.
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 and any amendments
thereto. In giving this consent, we do not admit that we are 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 promulgated thereunder.
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Very truly yours,
BAKER & MCKENZIE, LLP
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/s/ Baker & McKenzie, LLP
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