April 5, 2011
PetSmart, Inc.
19601 North 27th Avenue
Phoenix, AZ 85027
Ladies and Gentlemen:
We have acted as special counsel to PetSmart, Inc., a Delaware corporation (the “Company”), in
connection with the registration under the Securities Act of 1933, as amended (the “Securities
Act”), by means of a registration statement on Form S-8 (the “Registration Statement”) of an
aggregate of 2,310,986 additional shares of the Company’s common stock, par value $0.0001 per share
(the “Shares”), which may be issued pursuant to the PetSmart, Inc. 2006 Equity Incentive Plan (the
“Plan”).
In connection herewith, we have examined:
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the Restated Certificate of Incorporation of the Company; |
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(2) |
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the Certificate of Amendment of Restated Certificate of Incorporation of PetSmart, dated
July 18, 2005; |
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(2) |
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the Certificate of Amendment of Restated Certificate of Incorporation of PetSmart, dated
June 22, 2009; |
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(2) |
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the Bylaws of the Company, as amended; |
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(3) |
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the Plan; and |
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(4) |
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the Registration Statement. |
We have also examined originals or copies, certified or otherwise identified to our satisfaction,
of such other corporate records, agreements and instruments of the Company, statements and
certificates of public officials and officers of the Company, and such other documents, records and
instruments, and we have made such legal and factual inquiries as we have deemed necessary or
appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of
the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity
of natural persons, the authenticity of documents submitted to us as originals and the conformity
with authentic original documents of all documents submitted to us as copies. When relevant facts
were not independently established, we have relied without independent investigation as to matters
of fact upon statements of governmental officials and upon representations made in or pursuant to
the certificates and statements of appropriate representatives of the Company.
In connection herewith, we have assumed that, other than with respect to the Company, all of the
documents referred to in this opinion letter have been duly authorized by, have been duly executed
and delivered by, and constitute the valid, binding and enforceable obligations of, all of the
parties to such documents, all of the signatories to such documents have been duly authorized and all such parties are duly organized and
validly existing and have the power and authority (corporate or other) to execute, deliver and
perform such documents.