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Exhibit 5
PORTER, WRIGHT, MORRIS & ARTHUR LLP
41 South High Street
Columbus, Ohio 43215-6194
Telephone: 614/227-2000
Facsimile: 614/227-2100
November 20, 2000
CheckFree Corporation
4411 East Jones Bridge Road
Norcross, Georgia 30092
Re: Registration Statement on Form S-8
CheckFree Corporation Third Amended and
Restated 1995 Stock Option Plan (the "Plan")
Gentlemen:
We have acted as counsel for CheckFree Corporation, a Delaware corporation
("CheckFree"), in connection with the Registration Statement on Form S-8 (the
"Registration Statement"), filed by CheckFree with the Securities and Exchange
Commission under the Securities Act of 1933, as amended, with respect to the
registration of an additional 4,000,000 shares of CheckFree Common Stock, par
value $.01 per share (the "Shares"), to be issued under the Plan.
In connection with this opinion, we have examined such corporate records,
documents, and other instruments of the registrant as we have deemed necessary.
Based on the foregoing, we are of the opinion that the Shares will, when
issued and paid for in accordance with the provisions of the Plan, be legally
issued, fully paid and nonassessable, and entitled to the benefits of the Plan.
We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement.
Very truly yours,
/s/ PORTER, WRIGHT, MORRIS & ARTHUR LLP
PORTER, WRIGHT, MORRIS & ARTHUR LLP
