0001104659-05-060683 Sample Contracts

STOCK PURCHASE AGREEMENT AMONG MORNINGSTAR, INC. AND ROGER G. IBBOTSON, JODY L. SINDELAR, THE TIMOTHY IBBOTSON-SINDELAR SPRAY TRUST AND THE TYLER IBBOTSON- SINDELAR SPRAY TRUST DATED AS OF DECEMBER 9, 2005
Stock Purchase Agreement • December 14th, 2005 • Morningstar, Inc. • Investment advice • Illinois

This Stock Purchase Agreement (this “Agreement”) entered into as of December 9, 2005, by and among Morningstar, Inc., an Illinois corporation (“Purchaser”), and Roger G. Ibbotson (“Ibbotson”), Jody L. Sindelar (“Sindelar”), The Timothy Ibbotson-Sindelar Spray Trust (“Timothy Trust”) and The Tyler Ibbotson-Sindelar Spray Trust (“Tyler Trust”) (each of Ibbotson, Sindelar, Timothy Trust and Tyler Trust a “Seller” and collectively, “Sellers”). Purchaser and Sellers are individually each a “Party” and are referred to collectively herein as the “Parties.”

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