展品5.1

SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP

		ONE MANHATTAN WEST
		NEW YORk, NY 10001		律師事務所/附屬公司
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		電話：（212） 735-3000		———
		傳真：（212） 735-2000		波士頓
		www.skadden.com		芝加哥
				休士頓
				洛杉磯
				PALO ALTO
				華盛頓特區
				威明頓
				———
				北京
				布魯塞爾
		2024年10月1日		法蘭克福
				香港
				倫敦
				慕尼黑
				巴黎
				聖保羅
				首爾
				上海
BlackRock, Inc.				新加坡
50 Hudson Yards				東京
紐約，NY 10001。				多倫多

 

主旨：

通信, Inc.

發帖有效修正條款表格登記聲明。 S-8

女士，先生們：

我們擔任貝萊德（原名“貝萊德基金，公司”）的特別美國律師，這是一家特拉華州公司（裡稱“權益代理”），與發帖後有效修正條款（“發帖後有效修正條款”） 到以下每份表格的登記聲明交易所表格。 S-8 （下稱“登記聲明貝萊德財務公司（前身為“貝萊德股份有限公司”）先前提交的申報文件，一家 特拉華州（Delaware）公司（以下簡稱“前身登記機構”), with the Securities and Exchange Commission (the “」提交給美國證券交易委員會（「1933年證券法(Securities Act of 1933)下的證券交易委員會(Securities and Exchange Commission)提交的今日即將提交的S-8表格的登記聲明(Registration Statement)有關的事宜。證券法”):

 

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登記 第333-137708號， 原本涵蓋（i）102,000,000美元的逾期酬勞義務（稱為「逾期義務）可發行股票，包括貝萊德公司修改和重簽發展資本股票、公司自願預留拖欠酬金計畫（經修改和重簽發展，稱為「VDCP」）和（ii）共15,346,520股普通股（以及可能因股息、股票分割、重組或其他類似交易而對這些股份發行的不定數量的其他普通股），其中有896,090股公司股份按照之前《貝萊德公司第二修訂公司員工股票採購計畫》（經修改和重簽發展，稱為「ESPP”) and 10,419,243 shares were issuable pursuant to the predecessor plan to the Third Amended and Restated 1999 Stock Award and Incentive Plan (as amended and restated, the “1999 Plan” and, collectively with the ESPP, the “股票計劃”; the Stock Plans are referred to herein, together with the VDCP, as the “計劃”);

黑石集團公司。

2024年10月1日

第2頁

 

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登記 登记号码333-169329， 原先覆盖1000萬股普通股（以及不定数量的额外普通股，可能因普通股股息、股票分割、再资本化或任何其他类似交易而发行的等方式）在1999年计划的前身计划下可发行。

 

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登記 登记号码333-197764， 原本涵蓋750萬股普通股（以及在前身計劃下可發行與該等股票相關的額外普通股股份，例如通過股息、股票分拆、資本重組或任何其他類似交易發行的普通股股份）的股份；

 

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登記 檔案編號333-225372， 原本涵蓋700萬股普通股（以及在前身計劃下可發行與該等股票相關的額外普通股股份，例如通過股息、股票分拆、資本重組或任何其他類似交易發行的普通股股份）的股份；並

 

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登記 檔案編號333-279595， 原本涵蓋8,027,190股普通股（以及在該等股份通過股息、股票分拆、資本重組或任何其他類似交易發行的額外普通股股份方面發行的普通股股份）的股份，根據1999年計劃發行（包括1,027,190股（“回收股份先前根據另一或多個其他註冊聲明發行的股份（後來被沒收並回收，並可在 1999計劃下進行未來發行。）

公司於2024年10月1日成為前身註冊人的繼承人，根據該特定交易協議，於2024年1月12日訂定，並於2024年9月30日修訂（“交易協議”），其中涉及公司、前身註冊人、香蕉併購子公司（一家特拉華州公司，為公司的直接全資子公司）（“合併子公司”）及其他有關方。為了實現重組，前身註冊人成立了公司並使公司成立併購子公司。根據特拉華州公司法第251(g)條款，在併購子公司與前身註冊人合併，造成前身註冊人作為公司的直接全資子公司並倖存（“合併”).

貝萊德股份有限公司

二零二四年十月一日

頁面 3

 

根據交易協議的條款，每股普通股份 合併生效時間前未償還的前任登記人在合併生效時轉換為本公司的一股，面值每股 0.01 美元的普通股（」常見 股票」)，具有與前任註冊人的普通股相同的指定、權利、權力和偏好，以及相同的資格、限制和限制。公司在合併後立即採納及 承擔前任註冊人在其所有員工福利計劃、協議和安排、股權激勵計劃和子計劃以及相關協議下的所有權利和義務，包括與 未償還獎項及根據本計劃的所有分配義務。

根據第 414 條第 (d) 段下文 《證券法》的生效後修訂正式由本公司作為前任註冊人的繼任註冊人提交，以明確地將註冊聲明作為其自己的註冊聲明，以便用於所有用途 證券法和根據 1934 年的證券交易法。註冊聲明（經生效後修訂）修訂的註冊聲明有關公司出售及出售其普通股份（」股票」) 以下 股票計劃和 VDCP 下的延期義務。

本意見按照本公司要求提供 符合規例第 601 (b) (5) 項的要求 S-K 根據《證券法》。

在渲染中 本文所述的意見，我們已經審查並依據以下內容：

(a) 註冊聲明；

(b) 有關計劃；

(c) 貝萊德股份有限公司 1999 年股票獎勵及獎勵計劃、經修訂及重新訂的貝萊德股份有限公司 1999 年股票獎勵及獎勵計劃及發行股份之貝萊德股份有限公司第二次修訂及重訂的 1999 年股票獎勵及獎勵計劃 可根據 1999 年計劃發行，包括回收股份（」前一九九九年計劃”);

黑石集團公司。

2024年10月1日

第4頁

 

(d) R. Andrew Dickson III，董事總經理及每間公司和前任註冊公司的公司秘書的證明書已簽署副本，日期為本文件之日期（“秘書證明書”);

(e) 公司修訂及重述的公司章程副本（“修訂及重述的公司章程”），由特拉華州國務卿於2024年10月1日認證，並根據國務卿的證明書進行認證；

(f) 公司的修訂及重述組織章程修正證書的副本（“修改證書）由特拉華州國務卿於2024年10月1日認證，並根據國務卿證書進行認證；

(g) 前註冊者的公司章程的副本，於採納每一計畫和之前1999年計畫時修訂並有效，均由特拉華州國務卿於2024年10月1日認證，並根據國務卿證書進行認證；

(h) 公司的修訂及重述內部章程的副本（“修正及重立公司章程）於本日期修訂並有效，並根據國務卿證書進行認證；

(i) 前註冊者的內部章程的副本，於採納每一計畫及之前1999年計畫時修訂並有效，均根據國務卿證書進行認證；

(j) 公司董事會關於採納和承擔計劃的某些決議的副本，根據秘書的證明書認證；

(k) 前身登記公司的董事會關於採納和批准各自計劃或1999年前計劃的某些決議的副本，以及在前身登記公司的適用年度會議上股東的批准，每一項皆根據秘書的證明書認證；

(l) 根據特拉華州法律，公司和前身登記公司的良好狀態證明書，各自截止於2024年10月1日；

BlackRock, Inc.

October 1, 2024

Page 5

 

(m) the Predecessor Registrant’s Quarterly Report on Form 10-Q, filed on November 14, 2006, announcing the stockholder approval of the amendment and restatement of the BlackRock, Inc. 1999 Stock Award and Incentive Plan; and

(n) the Predecessor Registrant’s Quarterly Report on Form 10-Q, filed on August 13, 2001, announcing the stockholder approval of the BlackRock, Inc. 2001 Employee Stock Purchase Plan.

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such records of the Company and the Predecessor Registrant and such agreements, certificates and receipts of public officials, certificates of officers or other representatives of the Company, the Predecessor Registrant and others, and such other documents as we have deemed necessary or appropriate as a basis for the opinions stated below.

In our examination, we have assumed the genuineness of all signatures, including electronic signatures, the legal capacity and competency of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as facsimile, electronic, certified or photocopied copies, and the authenticity of the originals of such copies. In making our examination of executed documents, we have assumed that the parties thereto, other than the Company and the Predecessor Registrant, had the power, corporate or other, to enter into and perform all obligations thereunder and have also assumed the due authorization by all requisite action, corporate or other, and the execution and delivery by such parties of such documents and the validity and binding effect thereof on such parties. As to any facts relevant to the opinion stated herein that we did not independently establish or verify, we have relied upon statements and representations of officers and other representatives of the Company, the Predecessor Registrant and others and of public officials, including the facts and conclusions set forth in the Secretary’s Certificate.

We do not express any opinion with respect to the laws of any jurisdiction other than the laws of the State of Delaware (the “Opined-on Laws”).

As used herein, “Organizational Documents” means those documents listed in paragraphs (e) through (i) above.

BlackRock, Inc.

October 1, 2024

Page 6

 

Based upon the foregoing and subject to the qualifications and assumptions stated herein, we are of the opinion that:

1. The Shares have been duly authorized by all requisite corporate action on the part of the Company under the DGCL and when the Shares are issued to the eligible individuals in accordance with the terms and conditions of the applicable Plan and any applicable award agreement for consideration in an amount at least equal to the par value of such Shares, the Shares will be validly issued, fully paid and nonassessable.

2. The Deferred Obligations have been duly authorized by all requisite corporate action on the part of the Company and, when distributed or issued in accordance with the terms of the VDCP, will be valid and binding obligations of the Company, enforceable against the Company in accordance with their terms under the laws of the State of Delaware.

The opinions stated herein are subject to the following assumptions and qualifications:

(a) In rendering the opinions stated herein, we have also assumed that (i) an appropriate account statement evidencing Shares credited to an eligible individual’s account maintained with the Company’s transfer agent has been or will be issued by the Company’s transfer agent, (ii) the issuance of Shares will be properly recorded in the books and records of the Company, and (iii) each award agreement under which stock options, stock appreciation rights, restricted stock, restricted stock units and other stock-based awards or cash-based awards are granted pursuant to an applicable Plan will be consistent with such Plan and will be duly authorized, executed and delivered by the parties thereto;

(b) the Company’s issuance of the Shares does not and will not (i) except to the extent expressly stated in the opinions contained herein, violate any statute to which the Company or such issuance is subject, or (ii) constitute a violation of, or a breach under, or require the consent or approval of any other person under, any agreement or instrument binding on the Company (except that we do not make this assumption with respect to the Organizational Documents, although we have assumed compliance with any covenant, restriction or provision with respect to financial ratios or tests or any aspect of the financial condition or results of operations of the Company contained in such instruments), and we have further assumed that the Company will continue to have sufficient authorized shares of Common Stock;

(c) the Company’s authorized capital stock is as set forth in the Amended and Restated Certificate of Incorporation, as amended by the Certificate of Amendment, and we have relied solely on the certified copy thereof issued by the Secretary of State of the State of Delaware and have not made any other inquiries or investigations;

BlackRock, Inc.

October 1, 2024

Page 7

 

(d) we do not express any opinion with respect to the effect on the opinions stated herein of any bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer, preference and other similar laws or governmental orders affecting creditors’ rights generally, and the opinions stated herein are limited by such laws and governmental orders and by general principles of equity (regardless of whether enforcement is sought in equity or at law);

(e) we do not express any opinion with respect to any law, rule or regulation that is applicable to any party to any Plan or the transactions contemplated thereby solely because such law, rule or regulation is part of a regulatory regime applicable to any such party or any of its affiliates as a result of the specific assets or business operations of such party or such affiliates;

(f) except to the extent expressly stated in the opinions contained herein, we have assumed that each of the Deferred Obligations constitutes the valid and binding obligation of each party to such Deferred Obligations, enforceable against such party in accordance with its terms;

(g) we do not express any opinion with respect to the enforceability of any provision contained in any Plan relating to any indemnification, contribution, non-reliance, exculpation, release, limitation or exclusion of remedies, waiver or other provisions having similar effect that may be contrary to public policy or violative of federal or state securities laws, rules or regulations, or to the extent any such provision purports to, or has the effect of, waiving or altering any statute of limitations;

(h) the opinions stated herein are limited to the agreements and documents specifically identified in the opinions contained herein (the “Specified Documents”) without regard to any agreement or other document referenced in any such Specified Document (including agreements or other documents incorporated by reference or attached or annexed thereto) and without regard to any other agreement or document relating to any such Specified Document;

(i) we do not express any opinion with respect to the enforceability of any provision contained in any Transaction Document with respect to the choice of law or the choice of forum of the parties to such Transaction Document; and

BlackRock, Inc.

October 1, 2024

Page 8

 

(j) this opinion letter shall be interpreted in accordance with customary practice of United States lawyers who regularly give opinions in transactions of this type.

In addition, in rendering the foregoing opinions we have further assumed that:

(a) neither the issuance of the Deferred Obligations nor the performance by the Company of its obligations under the VDCP (i) constitutes or will constitute a violation of, or a default under, any lease, indenture, agreement or other instrument to which the Company or its property is subject, (ii) contravened or will contravene any order or decree of any governmental authority to which the Company or its property is subject or (iii) violates or will violate any law, rule or regulation to which the Company or its property is subject (except that we do not make the assumption set forth in this clause (iii) with respect to the Opined-on Law); and

(b) neither the issuance of the Deferred Obligations nor the performance by the Company of its obligations under the VDCP requires or will require the consent, approval, licensing or authorization of, or any filing, recording or registration with, any governmental authority under any law, rule or regulation of any jurisdiction.

We hereby consent to the filing of this opinion with the Commission as an exhibit to the Post-Effective Amendment. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder. This opinion is expressed as of the date hereof unless otherwise expressly stated, and we disclaim any undertaking to advise you of any subsequent changes in the facts stated or assumed herein or of any subsequent changes in applicable laws.

 

LKB