OPINION OF GREENBAUM, DOLL & MCDONALD
Published on September 3, 1999
Exhibit 5
[LETTERHEAD OF GREENEBAUM DOLL & MCDONALD PLLC]
September 3, 1999
Papa John's International, Inc.
2002 Papa John's Boulevard
Louisville, Kentucky 40299
Ladies and Gentlemen:
We have acted as legal counsel in connection with the preparation of a
Registration Statement on Form S-8 under the Securities Act of 1933, as amended
(the "Registration Statement"), covering an aggregate of 1,000,000 shares of
Common Stock, par value $.01 per share (the "Common Stock"), of Papa John's
International, Inc., a Delaware corporation (the "Company"), to be issued
pursuant to the Papa John's International, Inc. 1999 Team Member Stock Ownership
Plan (the "Plan").
We have examined and are familiar with the Amended and Restated Certificate
of Incorporation and By-Laws of the Company, and the various corporate records
and proceedings relating to the organization of the Company and proposed
issuance of the Common Stock. We have also examined such other documents and
proceedings as we have considered necessary for the purpose of this opinion.
Based on the foregoing, it is our opinion that the Common Stock has been
duly authorized and, when issued and paid for in accordance with the terms of
the Registration Statement and the Plan, will be validly issued, fully paid and
non-assessable.
We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement, and with such state securities administrators as may
require such opinion of counsel for the registration of the Common Stock. 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 of 1933,
as amended, or the Rules and Regulations of the Securities and Exchange
Commission thereunder.
Very truly yours,
/s/ Greenebaum Doll & McDonald PLLC
Greenebaum Doll & McDonald PLLC