Exhibit 5.1
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April 27, 2021
II-VI Incorporated
375 Saxonburg Boulevard
Saxonburg, Pennsylvania 16056
Ladies and Gentlemen:
We have acted as counsel to II-VI Incorporated, a Pennsylvania corporation (the “Company”), in connection with the Registration Statement on Form S-4 (the “Registration Statement”) to be filed by the Company with the Securities and Exchange Commission on the date hereof, for the registration under the Securities Act of 1933, as amended (the “Securities Act”), relating to the proposed issuance by the Company of up to 22,266,356 shares of common stock, no par value (the “Shares”), of the Company pursuant to an Agreement and Plan of Merger, dated as of March 25, 2021 (the “Merger Agreement”), by and among the Company, Coherent, Inc. and Watson Merger Sub Inc.
You have requested our opinions as to the matters set forth below in connection with the Registration Statement. For purposes of rendering those opinions, we have examined copies of the following documents: (i) the Company’s Amended and Restated Articles of Incorporation; (ii) the Company’s Amended and Restated Bylaws, as amended and restated effective February 26, 2021; (iii) the resolutions of the Board of Directors of the Company relating to the Merger Agreement, the filing of the Registration Statement and the issuance of the Shares; (iv) the Merger Agreement; (v) the Registration Statement; and (vi) such other corporate records of the Company, certificates of public officials and of officers of the Company and agreements and other documents as we have deemed necessary as a basis for the opinion expressed below. In rendering our opinion expressed below, we have made the assumptions that are customary in opinion letters of this kind. We have not verified any of those assumptions.
Based upon and subject to the foregoing and the additional qualifications and other matters set forth below, we are of the opinion that, when (a) the Registration Statement has become effective under the Securities Act and (b) the Company’s shareholders have approved the issuance of the Shares in accordance with the rules of The Nasdaq Stock Market LLC and the Business Corporation Law of the Commonwealth of Pennsylvania (the “BCL”), the Shares will have been duly and validly authorized by the Company and that the Shares, when issued and delivered by the Company in accordance with the terms of the Merger Agreement and as contemplated by the Registration Statement, will be validly issued, fully paid and nonassessable.
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