A form of opinion to be used as a starting point for drafting or reviewing the opinion that must be filed as Exhibit 5 to a registration statement on Form S-3 registering the offer and sale of common stock to be issued under a reporting company's dividend reinvestment plan (DRIP). This Standard Document contains detailed drafting notes explaining various sections of the form of Exhibit 5 opinion (also referred to as a legality opinion or validity opinion).