EXHIBIT 10.1
Annual Grant Form

MEAD JOHNSON NUTRITION COMPANY
2009 AMENDED AND RESTATED STOCK AWARD AND INCENTIVE PLAN

NONQUALIFIED STOCK OPTION AGREEMENT

The Participant has been granted a Nonqualified Stock Option under the terms of
the Mead Johnson Nutrition Company 2009 Amended and Restated Stock Award and
Incentive Plan (the “Plan”), subject to the terms and conditions set forth in
this Agreement, including all exhibits and appendices hereto which are
incorporated herein (the “Agreement”) and the summary of the grant (the “Grant
Summary”) on the Morgan Stanley Smith Barney website at www.benefitaccess.com.
To the extent applicable, the terms of the Option are modified as described in
Exhibits I and II (relating to non-U.S. Participants). Capitalized terms not
defined herein shall have the meaning specified in the Plan or in the Grant
Summary.

1.Vesting and Exercisability. The Option awarded hereunder shall become vested
and exercisable with respect to one-third (1/3) of the number of shares of Stock
subject thereto cumulatively on the first, second and third anniversaries of the
Grant Date if the Participant's Termination Date has not occurred before such
date. Except as otherwise provided by the Committee and in this Agreement, any
portion of the Option that is not vested upon the Participant's Termination Date
shall immediately expire and shall be forfeited and the Participant shall have
no further rights with respect thereto. Notwithstanding the foregoing:

(a)
Death or Retirement. If the Participant's Termination Date occurs due to death
or Retirement one (1) year or more after the Grant Date and prior to full
vesting of the Option, then the Option will become fully vested upon the
Participant's Termination Date.

(b)
Termination by Company other than for Cause; Termination by Participant for Good
Reason. If the Participant's Termination Date occurs by reason of termination by
the Company or an Affiliate or Subsidiary for reasons other than for Cause or by
Participant for Good Reason and prior to full vesting of the Option, then, as of
the Participant's Termination Date:

(i)
if the Termination Date occurs other than during the Protected Period, a pro
rata portion of the Option (taking into account any portion that had previously
become vested and exercisable) shall become vested and exercisable. The formula
for determining the pro rata portion of the Option to become vested and
nonforfeitable upon the Participant's Termination Date in accordance with the
preceding sentence is available by request from the Company's human resources
department or the stock plan administrator at the Company's corporate
headquarters; and

(ii)
if the Termination Date occurs during the Protected Period, the Option shall
become fully vested and exercisable as of the Participant's Termination Date;
provided, however, that if, in connection with a Change in Control, the Option
would be cancelled or otherwise cease to be outstanding as the result of the
Change in Control, the provisions of this paragraph (ii) shall apply as of the
date of the Change in Control without regard to whether the Participant has a
Termination Date in connection with the Change in Control and the Committee may,
in its sole discretion, determine the terms and conditions under which the
Option shall be exercisable in connection with a Change in Control and/or such
other terms and conditions that may apply to the Option in connection with the
Change in Control.

2.Expiration Date. The Option shall expire and shall no longer be exercisable
after the earliest to occur of the following (the “Expiration Date”):

(a)
the ten (10)-year anniversary of the Grant Date;

(b)
if the Participant's Termination Date occurs by reason of termination by the
Company for reasons other than for Cause or by the Participant for Good Reason
(and other than Retirement or death), the three (3)-month anniversary of such
Termination Date; provided, however that if the Participant dies after the
Termination Date and during the three (3)-month post-termination exercise
period, the Expiration Date will be the first anniversary of the Termination
Date;

(c)
if the Participant's Termination Date occurs by reasons of Cause, the
Termination Date;

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(d)
if the Participant's Termination Date occurs due to the Participant's voluntary
termination, the Termination Date.

No portion of the Option shall be exercisable after the Participant's
Termination Date except to the extent that it is vested and exercisable as of
the Participant's Termination Date.
3.Method of Option Exercise. The Participant (or, in the event of his death, his
estate or personal representative) may exercise any portion of the Option that
is exercisable by notifying the Company's designated broker/agent in a manner
specified by the Committee or its designate and such notification will be
effective on receipt. Payment for the shares of Stock to be purchased on
exercise shall be made in the form of a wire transfer, personal check, or money
order, payable in U.S. dollars and on a U.S. bank to the order of the Company's
designated broker/agent (“cash”) or by authorizing the Company's designated
broker/agent to sell the shares of Stock acquired upon the exercise of the
Option and remit to the Company a sufficient portion of the sale proceeds to pay
the entire Exercise Price, applicable brokerage fees, and any withholding and/or
taxes and applicable fees resulting from such exercise (“sale to cover”). If, on
the date of exercise, the Participant is an “executive officer” of the Company
within the meaning of Section 16 of the Securities Exchange Act of 1934, as
amended (“executive officer”), payment for the shares of Stock to be purchased
on exercise shall be made in the form of cash, by Stock withholding or, solely
in connection with any 10b5-1 plan approved by the Company, a sale to cover. Any
notice of exercise must be delivered prior to the Expiration Date of the Option
and, if the specified Expiration Date falls on a day that is not a regular
business day at the Company's executive office or broker/agent's office, then
the exercise notification must be received, and the Option must be exercised, on
or before the last regular business day prior to the Expiration Date. Non-U.S.
Participants see applicable Non-U.S. Participant Exhibit for special rules.

4.Withholding. The Participant must pay the Company upon its demand the amount
equal to its liability, if any, for the withholding of federal, state or local
income or earnings tax or any other applicable tax or assessment (plus interest
or penalties thereon, if any, caused by a delay in making such payment) incurred
by reason of the Participant's exercise of the Option or otherwise in connection
with the Option. The Participant must pay these withholding obligations in cash
or by a sale to cover. If, on the date of exercise, the Participant is an
executive officer, the Participant must pay these withholding tax obligations in
cash, by Stock withholding, or, solely in connection with any 10b5-1 plan
approved by the company or as required by local law, a sale to cover. Non-U.S.
Participants see applicable Non-U.S. Participant Exhibit for special rules.

5.Forfeiture Provisions. The Participant acknowledges that the Participant's
continued employment with the Company, its Affiliates and its Subsidiaries, and
the grant of this Option, are sufficient consideration for the Agreement,
including, without limitation, the restrictions imposed upon the Participant by
this Section 5.

(a)
In consideration of the Option granted hereby, the Participant expressly agrees
and covenants that, during the Restricted Period, the Participant shall not,
without the prior consent of the Company, permit any Forfeiture Event to exist,
directly or indirectly.

(b)
If the Committee determines that a Forfeiture Event has occurred or is ongoing,
then the Participant covenants and agrees that the following forfeitures and
related actions will occur:

(i)
Any portion of the Option (whether or not vested) that has not been exercised as
of the date of such determination shall be immediately canceled and forfeited
and the Participant shall automatically forfeit any rights the Participant may
have with respect to the Option as of the date of such determination; and

(ii)
If the Participant has exercised all or any part of the Option within the twelve
(12)-month period immediately preceding the occurrence of a Forfeiture Event (or
following the date of the earliest Forfeiture Event), then, upon the Company's
demand, the Participant shall immediately deliver to the Company certificate(s)
for the number of shares of Stock received upon such exercise or, if the shares
have been sold, the Participant shall immediately remit to the Company, in cash,
the proceeds of any such sale(s), reduced (but not below zero), in each case, by
the exercise price (or shares having a Fair Market Value equal to the exercise
price) of the Option. Any shares surrendered pursuant to this provision shall be
treated as treasury shares and shall be added to the authorized and unissued
shares available for issuance under the Plan.

6.Option Not Contract of Employment or Service; No Rights as Stockholder. The
grant of the Option does not constitute a contract of employment or continued
service, and the grant of the Option shall not give the Participant the right to
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be retained in the employ or service of the Company or any Affiliate or
Subsidiary, nor any right or claim to any benefit under the Plan or the
Agreement, unless such right or claim has specifically accrued under the terms
of the Plan and the Agreement. The Participant and the Participant's beneficiary
shall not have any rights with respect to Stock (including voting rights)
purchasable upon exercise of the Option prior to the valid exercise of the
Option.

7.Administration. The authority to administer and interpret the Agreement shall
be vested in the Committee, and the Committee shall have all the powers with
respect to the Agreement as it has with respect to the Plan. Any interpretation
of the Agreement by the Committee and any decision made by it with respect to
the Agreement is final and binding on all persons.

8.Transferability. This Option is not transferable except as designated by the
Participant by will or by the laws of descent and distribution and is
exercisable during the lifetime of the Participant only by the Participant
unless otherwise provided by the Committee in accordance with Section 11(b) of
the Plan.

9.Adjustment of Award. The number and type of Stock awarded pursuant to this
Option, the exercise price thereof, and other related terms shall be adjusted by
the Committee in accordance with Section 11(c) of the Plan (or a successor
provision).

10.Waiver. The waiver by the Company or an Affiliate or Subsidiary of any
provision of the Agreement shall not operate as or be construed to be a
subsequent waiver of the same provision or waiver of any other provision hereof.

11.Governing Law. The grant of the Option and the provisions of this Agreement
are governed by, and subject to, the laws of the State of Delaware, without
regard to the conflict of law provisions, as provided in the Plan. For purposes
of litigating any dispute that arises under this grant or this Agreement, the
parties hereby submit to and consent to the exclusive jurisdiction of the State
of Illinois and agree that such litigation shall be conducted in the courts of
Cook County, Illinois, or the federal courts for the United States for the
Northern District of Illinois, where this grant is made and/or to be performed.

12.Amendment; Entire Agreement; Successors. This Agreement shall be subject to
the terms of the Plan, as amended from time to time, except that the Award that
is the subject of this Agreement may not be materially adversely affected by any
amendment or termination of the Plan approved after the Grant Date without the
Participant's written consent. This Agreement and the Plan contain the entire
understanding of the parties with respect to the Option and supersede any prior
agreements or documents with respect to the Option. This Agreement shall be
binding up and inure to the benefit of the heirs, executors, administrators and
successors of the parties.

Mead Johnson Nutrition Company
By:    __________________________
Senior Vice President, General Counsel and Secretary

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PARTICIPANT ACKNOWLEDGEMENT AND ACCEPTANCE

I have read this Agreement in its entirety. I understand that this Option has
been granted to provide a means for me to acquire and/or expand an ownership
position in Mead Johnson Nutrition Company, and it is expected that I will
retain the Stock I receive upon the exercise of this Option consistent with the
Company's Stock retention guidelines in effect at the time of exercise of the
Option. I acknowledge and agree that (i) the Option is nontransferable, except
as provided in Section 8 hereof and Section 11(b) of the Plan, (ii) the Option
is subject to forfeiture in the event of my Termination Date in certain
circumstances, as specified in the Agreement, and (iii) sales of Stock will be
subject to the Company's policy regulating trading by employees. In accepting
this grant, I hereby agree that Morgan Stanley Smith Barney, or such other
vendor as the Company may choose to administer the Plan, may provide the Company
with any and all account information necessary to monitor my compliance with the
Company's Stock retention guidelines and other applicable policies.
I hereby agree to all the terms and conditions set forth in this Agreement and
accept the grant of the Option subject thereto. Where electronic acceptance is
permitted under applicable law, electronic acceptance of the Option shall be
binding on the Participant.
By: ______________________________________________
Participant Signature

 

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APPENDIX A
SPECIAL DEFINITIONS
The following capitalized terms shall have the meaning specified for purposes of
the Agreement.
1.    Cause. The term “Cause” means:
(a)
with respect to a Termination Date that occurs other than during the Protected
Period:

(i)
Failure or refusal by the Participant to substantially perform his duties with
the Company or its Subsidiaries or Affiliates (except where the failure results
from incapacity due to Disability); or

(ii)
Severe misconduct or activity deemed detrimental to the interests of the Company
or a Subsidiary or Affiliate. This may include, but is not limited to, the
following: acts involving dishonesty, violation of the Company's or a
Subsidiary's or an Affiliate's written policies (such as those related to
alcohol or drugs, etc.), violation of safety rules, disorderly conduct,
discrimination and/or discriminatory harassment, unauthorized disclosure of the
Company's or a Subsidiary's or an Affiliate's confidential information, or the
entry of a plea of nolo contendere to, or the conviction of, a crime; and

(b)
with respect to a Termination Date that occurs during the Protected Period:

(i)
The Participant's willful and continued failure to substantially perform the
Participant's duties with the Company or its Subsidiaries or Affiliates (except
where the failure results from incapacity due to Disability) for a period of
thirty (30) consecutive days after a written demand for substantial performance
is delivered to the Participant by the Committee, which demand specifically
identifies the manner in which the Committee believes that the Participant has
not substantially performed the Participant's duties;

(ii)
Willful engaging by the Participant in conduct which is demonstrably and
materially injurious to the Company or its Subsidiaries or Affiliates,
monetarily or otherwise; or

(iii)
The Participant is convicted of, or has entered a plea of nolo contendere to, a
felony.

For purposes of paragraphs (1)(b)(i) and (ii) above, no act, or failure to act,
on the Participant's part shall be deemed “willful” unless done, or omitted to
be done, by the Participant not in good faith and without reasonable belief that
the Participant's act, or failure to act, was in the best interest of the
Company.
For all purposes, “Cause” will be interpreted by the Committee in its sole
discretion, and the Committee's interpretation will be conclusive and binding on
all parties.
2.    Competitive Business. The term “Competitive Business” means any person or
entity that engages in any business activity that competes with the Company's or
an Affiliate's or Subsidiary's business in any way, in any geographic area in
which the Company or an Affiliate or Subsidiary engages in business, including,
without limitation, any state in the United States in which the Company or an
Affiliate or Subsidiary sells or offers to sell its products from time to time.
3.    Disability Benefits. The term “Disability Benefits” means income
replacement benefits payable to the Participant under an accident and health
plan of the Company or any Subsidiary or Affiliate, either in the United States
or in a jurisdiction outside of the United States. In a jurisdiction outside of
the United States, “Disability Benefits” shall also include payments under a
mandatory or universal disability plan or program managed or maintained by the
government.
4.    Forfeiture Event. A “Forfeiture Event” occurs if any of the following
occur:
(a)
The Participant owns or has any financial interest in a Competitive Business or
is actively connected with a Competitive Business by managing, operating,
controlling, being an employee or consultant of (or accepting an offer to be an
employee or consultant) or otherwise advising or assisting a Competitive
Business in such a way that such connection might result in an increase in value
or worth of any product, technology or service that competes with any product,
technology or service upon which the Participant worked or about which the

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Participant became familiar as a result of the Participant's employment with the
Company or an Affiliate or Subsidiary; provided, however, that nothing in this
clause shall prevent the Participant from owning one percent or less of the
outstanding securities of any entity whose securities are traded on a U.S.
national securities exchange (including NASDAQ) or an equivalent foreign
exchange; and provided, further that, for periods after a Participant's
Termination Date, the Participant may be actively connected with a Competitive
Business so long as the Participant's connection to the business does not
involve any product, technology or service that competes with any product,
technology or service upon which the Participant worked or about which the
Participant became familiar as a result of the Participant's employment with the
Company or an Affiliate or Subsidiary and the Company is provided written
assurance of this fact from the Competitive Business prior to the Participant's
beginning such connection;

(b)
The Participant takes any action that might divert any opportunity from the
Company or any Affiliate or Subsidiary, or any of their respective successors or
assigns (the “Related Parties”) that is within the scope of the present or
future operations or business of any of the Related Parties;

(c)
The Participant employs, solicits for employment, advises or recommends to any
other person that they employ or solicit for employment or form an association
with any person who is employed by the Company or an Affiliate or Subsidiary or
who has been employed by the Company or an Affiliate or Subsidiary within one
(1) year of the date the Participant's Termination Date occurs for any reason;

(d)
The Participant contacts, calls upon or solicits any (A) customer or (B)
prospective customer of the Company or an Affiliate or Subsidiary that the
Participant became aware of or was introduced to in the course of the
Participant's duties for the Company or an Affiliate or Subsidiary, or, in any
case, otherwise attempts to divert or take away from the Company or an Affiliate
or Subsidiary the business of any customer or prospective customer of the
Company or an Affiliate or Subsidiary; or

(e)
The Participant engages in any activity that is harmful to the interests of the
Company or an Affiliate or Subsidiary, including, without limitation, any
conduct during the term of the Participant's employment that violates the
Company's standards of business conduct and ethics, securities trading policy
and other policies.

5.    Good Reason. The term “Good Reason” means:
(a)
with respect to a Termination Date that occurs other than during the Protected
Period, the occurrence of any one or more of the following events that occur
without the Participant's written consent:

(i)
A material reduction in the Participant's base salary;

(ii)
A reduction in grade level, resulting in a material diminution of the
Participant's authority, duties, or responsibilities; or

(iii)
A change in the principal location of the Participant's job or office, such that
the Participant will be based at a location that is 50 miles or more further
(determined in accordance with the Company's relocation policy) from the
Participant's principal job or office location immediately prior to the proposed
change in the Participant's job or office.

For a termination to qualify as a termination for Good Reason under this
provision, the Participant must notify the Company in writing of termination for
Good Reason, specifying the event constituting Good Reason, within ten (10)
business days after the occurrence of the event that the Participant believes
constitutes Good Reason. Failure for any reason to give written notice of
termination for Good Reason in accordance with the foregoing will be deemed a
waiver of the right to voluntarily terminate employment for that Good Reason
event. The Company will have a period of thirty (30) days after receipt of the
Participant's notice in which to cure the Good Reason. If the Good Reason is
cured within this period, the Participant will not be entitled to terminate
employment for Good Reason. If the Company waives its right to cure or does not,
within the thirty (30) day period, cure the Good Reason, the Participant will be
entitled to terminate employment for Good Reason, and the actual termination
date will be determined in the sole discretion of the
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Company, but in no event will it be later than thirty (30) calendar days from
the date the Company waives its right to cure or the end of the thirty (30) day
period in which to cure the Good Reason, whichever is earlier.
(b)
with respect to a Termination Date that occurs during the Protected Period, the
occurrence of any one or more of the following events that occur without the
Participant's express written consent:

(i)
if applicable, the assignment to the Participant of any duties materially
inconsistent with the Participant's status as an officer of the Company (e.g.,
no longer reporting to the CEO) or a substantial adverse alteration in the
nature or status of the Participant's authorities, duties or responsibilities
from those in effect immediately prior to the Change in Control (e.g., reduction
in signing authority);

(ii)
a material adverse change in the Participant's reporting relationships;

(iii)
a material reduction by the Company, its Subsidiaries or its Affiliates in the
Participant's base salary or bonus from the levels in effect immediately prior
to a Change in Control or as the same may be increased from time to time after a
Change in Control;

(iv)
the relocation of the Participant's principal place of employment to a location
more than 50 miles from the location of such place of employment immediately
prior to a Change in Control, except for required travel on the Company's
business to an extent substantially consistent with the Participant's business
travel obligations prior to the Change in Control or, if the Participant has
consented to a relocation, the failure by the Company to provide the Participant
with all of the benefits of the Company's relocation policy as in operation
immediately prior to a Change in Control;

(v)
the failure of the Company, its Subsidiaries or its Affiliates to pay the
Participant any material amount or portion of the Participant's compensation or
to pay the Participant any portion of an installment of deferred compensation
under any deferred compensation program of the Company, its Subsidiaries or its
Affiliates within seven (7) days of the date on which such compensation was due;
or

(vi)
the failure by the Company, its Subsidiaries or its Affiliates to continue in
effect any compensation or benefit plan which is material to the Participant's
compensation and in which the Participant participated immediately prior to the
Change in Control, unless an equitable arrangement (embodied in an ongoing
substitute or alternative plan) has been made with respect to such plan, or the
failure by the Company, its Subsidiaries or its Affiliates to continue the
Participant's participation therein (or in such substitute or alternative plan)
on a basis not materially less favorable, both in terms of the amounts of
benefits provided and the level of the Participant's participation relative to
other participants, as existed at the time of the Change in Control.

For a termination to qualify as a termination for Good Reason under this
provision, the Participant must notify the Company in writing of termination for
Good Reason, specifying the event constituting Good Reason, within ninety (90)
days after the Participant first becomes aware of the event that the Participant
believes constitutes Good Reason. Failure for any reason to give written notice
of termination of employment for Good Reason in accordance with the foregoing
will be deemed a waiver of the right to terminate the Participant's employment
for that Good Reason event. The Company will have a period of thirty (30) days
after receipt of the Participant's notice in which to cure the Good Reason. If
the Good Reason event is cured within this period, the Participant will not be
entitled to terminate the Participant's employment for Good Reason. If the
Company waives its right to cure or does not, within the thirty (30) day period,
cure the Good Reason event, the Participant may terminate the Participant's
employment for Good Reason within thirty (30) days following the earlier of the
date on which the Company waives its right to cure or the end of the cure
period. If the Participant does not terminate the Participant's employment
within such thirty (30) day period, the Participant will waive the Participant's
right to terminate the Participant's employment for that Good Reason event.
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6.    Protected Period. The term “Protected Period” means the two (2)-year
period following a Change in Control.
7.     Restricted Period. The term “Restricted Period” means the period during
which the Participant is employed by the Company or an Affiliate or Subsidiary
and twelve (12) months following the date that the Participant ceases to be
employed by the Company or an Affiliate or Subsidiary for any reason whatsoever.
8.    Termination Date. The term “Termination Date” means the date on which the
Participant's employment with the Company and any Affiliates and Subsidiaries
terminates for any reason. The Participant's Termination Date shall not occur
solely as a result of the following:
(a)
A transfer of the Participant's employment from the Company to a Subsidiary or
Affiliate, or vice versa, or from one Subsidiary or Affiliate to another;

(b)
A leave of absence, duly authorized in writing by the Company, for military
service or sickness or for any other purpose approved by the Company if the
period of such leave does not exceed ninety (90) days;

(c)
A leave of absence in excess of ninety (90) days, duly authorized in writing, by
the Company, provided the Participant's right to reemployment is guaranteed
either by a statute or by contract; or

(d)
Any period that the Participant is receiving Disability Benefits due to the
incurrence of a Disability prior to the date that would otherwise be the
Participant's Termination Date.

However, the Participant's Termination Date shall be deemed to occur upon the
date that the Participant fails to return to active service with the Company or
an Affiliate or Subsidiary at the end of an approved leave of absence or, if
applicable, upon cessation of Disability Benefits.
During a leave of absence as defined in paragraph (b) or (c), although the
Participant will be considered to have been continuously employed by the Company
or an Affiliate or Subsidiary and not to have incurred a Termination Date solely
as a result thereof, the Committee may specify such leave period shall not be
counted in determining the period of employment for purposes of the vesting of
the Option. In such case, the vesting dates for the unvested portion of the
Option shall be extended by the length of any such leave of absence.
Upon the Participant's Termination Date as determined hereunder, continued
exercisability of the Option shall be based on the Participant's circumstances
at the time of such termination.

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