Cooley GodwardLLP | ATTORNEYS AT LAW | Broomfield, CO | ||||
4401 Eastgate Mall | Palo Alto, CA | |||||
Reston, VA | ||||||
| San Francisco, CA | |||||
JULIE M. ROBINSON | ||||||
Multicell Technologies, Inc. | ||||||
Ladies and Gentlemen: | ||||||
You have requested our opinion with respect to certain matters in connection with the filing by Multicell Technologies, Inc., a Delaware Corporation (the"Company"), of a Registration Statement on Form S-8 (the"Registration Statement") with the Securities and Exchange Commission covering the offering of up to 7,000,000 shares of the Company's Common Stock, $0.01 par value (the"Shares"), reserved for future grants under the Company's 2004 Equity Incentive Plan, (the"Plan"). | ||||||
In connection with this opinion, we have examined the Registration Statement and related Prospectus, the Company's Amended and Restated Certificate of Incorporation and Bylaws, the Plan, and such other documents, records, certificates, memoranda and other instruments as we deem necessary as a basis for this opinion. We have assumed the genuineness and authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies thereof, and the due execution and delivery of all documents where due execution and delivery are a prerequisite to the effectiveness thereof. | ||||||
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued in accordance with the Plan, the Registration Statement, and related Prospectus, will be validly issued, fully paid, and nonassessable. | ||||||
We consent to the filing of this opinion as an exhibit to the Registration Statement. | ||||||
Very truly yours, | ||||||
Cooley Godward LLP | ||||||
By: /s/ Julie Robinson |
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S-8 Filing
MultiCell (MCET) Inactive S-8Registration of securities for employees
Filed: 15 Aug 05, 12:00am