DIRECTOR NONSTATUTORY STOCK OPTION AWARD AGREEMENT UNDER THEDirector Nonstatutory Stock Option Award Agreement • August 2nd, 2011 • Morningstar, Inc. • Investment advice
Contract Type FiledAugust 2nd, 2011 Company IndustryThis DIRECTOR NONSTATUTORY STOCK OPTION AWARD AGREEMENT ("Agreement") is made effective [•] (the "Grant Date"), and is between Morningstar, Inc., an Illinois corporation (the "Company"), and «Director» (the "Participant"). Any term capitalized but not defined in this Agreement will have the meaning set forth in the Morningstar, Inc. 2004 Stock Incentive Plan, as amended (the "Plan").