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EXHIBIT 5
OPINION AND CONSENT OF HEWITT & MCGUIRE, LLP
June 27, 2000
Quiksilver, Inc.
15202 Graham Street
Huntington Beach, CA 92649
Re: Quiksilver, Inc.- Registration Statement for Offering
of an Aggregate of 770,000 Shares of Common Stock
Dear Ladies and Gentlemen:
We have acted as counsel to Quiksilver, Inc., a Delaware
corporation (the "Company"), in connection with the registration on Form S-8
(the "Registration Statement") under the Securities Act of 1933, as amended, of
770,000 shares of the Company's common stock (the "Shares") authorized for
issuance under the Company's 2000 Employee Stock Purchase Plan, the 2000 Stock
Incentive Plan and the Quiksilver/Hawk Designs, Inc. Stock Option Plan
(collectively, the "Plans").
This opinion is being furnished in accordance with the
requirements of Item 8 of Form S-8 and Item 601(b)(5)(i) of Regulation S-K.
We have reviewed the Company's charter documents and the
corporate proceedings taken by the Company in connection with the establishment
of the Plans. Based on such review, we are of the opinion that, if, as and when
the Shares have been issued and sold (and the consideration therefor received)
pursuant to the provisions of option agreements or stock purchase rights duly
authorized under the Plans and in accordance with the Registration Statement,
such Shares will be duly authorized, legally issued, fully paid and
nonassessable.
We consent to the filing of this opinion letter as Exhibit 5 to
the Registration Statement.
This opinion letter is rendered as of the date first written
above and we disclaim any obligation to advise you of facts, circumstances,
events or developments which hereafter may be brought to our attention and which
may alter, affect or modify the opinion expressed herein. Our opinion is
expressly limited to the matters set forth above and we render no opinion,
whether by implication or otherwise, as to any other matters relating to the
Company and the Shares.
Very truly yours,
HEWITT & McGUIRE, LLP
