1 EXHIBIT 5.01 July 21, 1997 Edify Corporation 2840 San Tomas Expressway Santa Clara, CA 95051 Gentlemen/Ladies: At your request, we have examined the Registration Statement on Form S-8 (the "Registration Statement") to be filed by you with the Securities and Exchange Commission (the "Commission") on or about July 22, 1997 in connection with the registration under the Securities Act of 1933, as amended, of an aggregate of 1,600,000 shares of your Common Stock (the "Stock"), of which (a) 1,300,000 shares are subject to issuance by you upon the exercise of stock options granted or to be granted by you under your 1996 Equity Incentive Plan, as amended (the "Incentive Plan") and (b) 300,000 shares are subject to issuance by you upon the exercise of purchase rights granted or to be granted under your 1996 Employee Stock Purchase Plan, as amended (the "Purchase Plan"). The plans referred to in clauses (a) and (b) above are collectively referred to in this letter as the "Plans". In rendering this opinion, we have examined the following: (1) oral confirmation of the effectiveness of your registration statement on Form 8-A, File No. 0-28480; (2) the Registration Statement, together with the Exhibits filed as a part thereof, including, without limitation, copies of the Plans and related documents; (3) the Prospectuses prepared in connection with the Registration Statement; (4) the minutes of meetings of your stockholders and Board of Directors and those of your predecessor, Edify Corporation, a California corporation, that you have provided to us relating to the Plans and the Registration Statement; (5) the stock records that you have provided to us (consisting of oral confirmation of the number of shares of your Common Stock that are issued and outstanding provided by your transfer agent, The First National Bank of Boston, and a list of option holders respecting your capital stock that was prepared by ShareData Shareholder Services and dated June 30, 1997); and (6) a Management Certificate addressed to us and dated of even date herewith executed by the Company containing certain factual and other representations. In our examination of documents for purposes of this opinion, we have assumed, and express no opinion as to, the genuineness of all signatures on original documents, the authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies, the legal capacity of all natural persons executing the same, the lack of any undisclosed terminations, modifications, waivers or amendments to any documents reviewed by 2 Edify Corporation July 21, 1997 Page 2 us and the due execution and delivery of all documents where due execution and delivery are prerequisites to the effectiveness thereof. As to matters of fact relevant to this opinion, we have relied solely upon our examination of the documents referred to above and have assumed the current accuracy and completeness of the information included in the documents referred to above. We have made no independent investigation or other attempt to verify the accuracy of any of such information or to determine the existence or non-existence of any other factual matters; however, we are not aware of any facts that would lead us to believe that the opinion expressed herein is not accurate. Based upon the foregoing, it is our opinion that the 1,300,000 shares of Stock that may be issued and sold by you upon the exercise of stock options granted or to be granted under the Incentive Plan and (b) the 300,000 shares of Stock that may be issued and sold by you upon the exercise of purchase rights granted or to be granted under the Purchase Plan, when issued and sold in accordance with the applicable plan and stock option or purchase agreements to be entered into thereunder, and in the manner referred to in the relevant Prospectus associated with the Registration Statement, will be legally issued, fully paid and nonassessable. We consent to the use of this opinion as an exhibit to the Registration Statement and further consent to all references to us, if any, in the Registration Statement, the Prospectus constituting a part thereof and any amendments thereto. This opinion speaks only as of its date and is intended solely for the your use as an exhibit to the Registration Statement for the purpose of the above sale of the Stock and is not to be relied upon for any other purpose. Very truly yours, FENWICK & WEST LLP