EXHIBIT 5
August 6, 2003
Parker-Hannifin Corporation
6035 Parkland Boulevard
Cleveland, Ohio 44124
Re: Parker Hannifin Corporation 1993 Stock Incentive Program
Ladies and Gentlemen:
I have acted as counsel for Parker-Hannifin Corporation, an Ohio corporation (the Company), in connection with its 1993 Stock Incentive Program (Program). I have examined such documents, records and matters of law as I have deemed necessary for purposes of this opinion, and based thereon, I am of the opinion that the shares of the Companys Common Stock, par value $.50 per share (the Common Shares), that may be issued and sold pursuant to the Program will be duly authorized, validly issued, fully paid and nonassessable when issued and sold in accordance with the Program, provided that the consideration received by the Company is at least equal to the par value of the Common Shares.
I hereby consent to the filing of this opinion as Exhibit 5 to the Registration Statement on Form S-8 that is being filed by the Company with the Securities and Exchange Commission regarding the Program.
Very truly yours,
/S/ THOMAS A. PIRAINO, JR. |
Thomas A. Piraino, Jr.
General Counsel