EX-5 3 l89509aex5.txt EXHIBIT 5 1 EXHIBIT 5 September 4, 2001 Applied Industrial Technologies, Inc. One Applied Plaza Cleveland, Ohio 44115 Re: Registration Statement on Form S-8 Gentlemen: Reference is made to your Registration Statement on Forms S-8 filed with the Securities and Exchange Commission on September 4, 2001 with respect to 2,500,000 shares of common stock, without par value ("Common Stock"), of Applied Industrial Technologies, Inc. to be offered pursuant to the Applied Industrial Technologies, Inc. 1997 Long-Term Performance Plan (the "Plan"). We are familiar with the Plan, and we have examined such documents and certificates and considered such matters of law as we deemed necessary for the purpose of this opinion. Based upon the foregoing, we are of the opinions that the Common Stock and interests offered pursuant to the Plan, when issued in accordance with the provisions of the Plan, will be validly issued, fully paid and nonassessable. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. Respectfully submitted, /s/ Squire, Sanders & Dempsey LLP