Director Nonstatutory Stock Option Award Agreement Sample Contracts

DIRECTOR NONSTATUTORY STOCK OPTION AWARD AGREEMENT UNDER THE
Director Nonstatutory Stock Option Award Agreement • August 2nd, 2011 • Morningstar, Inc. • Investment advice

This 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").

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