**Exhibit 10.11**

**NONQUALIFIED STOCK OPTION**

NONQUALIFIED STOCK OPTION AGREEMENT (“Agreement”) dated as of                    , 200    , between MIDAS, INC., a Delaware corporation (the “Corporation”), and                                 an employee of the Corporation or one of itssubsidiaries (the “Holder”). 

WHEREAS, the Corporation desires, by affording the Holder an opportunity to purchase shares of theCorporation’s Common Stock as hereinafter provided, **[**to carry out the purposes of the Corporation’s Stock Incentive Plan (the “Plan”), as amended and restated by the Board of Directors of the Corporation (the“Board”) on May 10, 2005**] [**to carry out the purposes of the Corporation’s Treasury Stock Plan (the “Plan”), as adopted and established by the Board of Directors of the Corporation (the “Board”) onMay 9, 2002**] [**not as part of the Corporation’s Stock Incentive Plan (the “Plan”), as amended and restated by the Board of Directors of the Corporation (the “Board”) on May 10, 2005, but nevertheless inaccordance with the same terms and provisions of the Plan, which is hereby incorporated by reference**]**; and 

WHEREAS, the Board hasduly made all determinations necessary or appropriate to the grant hereof. 

NOW, THEREFORE, in consideration of the premises and the mutualcovenants hereinafter set forth and for other good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto have agreed, and do hereby agree, as follows: 

1. The Corporation hereby irrevocably grants to the Holder, as a matter of separate agreement and not in lieu of salary or any other compensation forservices, the right and option (the “Option”) to purchase                                 THOUSAND(            ) shares of Common Stock of the Corporation on the terms and conditions herein set forth. 

2. For each of said shares purchased, the Holder shall pay to the Corporation $             per share (the “Option Price”). 

3. Subject to the provisions of paragraphs 7, 8 and 9 hereof, this Option shall be for a term of ten years from the date of this Agreement and shallbecome exercisable as to one-fifth of the shares covered by this Option on the first anniversary hereof, as to two-fifths of the shares covered by this Option on the second anniversary hereof (reduced by such number of shares as may have theretoforebeen purchased hereunder), as to three-fifths of the shares covered by this Option on the third anniversary hereof (reduced by such number of shares as may have theretofore been purchased hereunder), as to four-fifths of the shares covered by thisOption on the fourth anniversary hereof (reduced by such number of shares as may have theretofore been purchased hereunder), and as to all shares covered by this Option and not theretofore purchased on the fifth anniversary hereof. The Corporationshall not be required to issue any fractional shares upon exercise of this Option, and any fractional interests resulting from the calculation of the number of shares in respect of which this Option may be exercised prior to the fifth 

anniversary hereof shall be rounded down to the nearest whole share. Except as provided in paragraphs 7, 8 and 9 hereof, this Option may not be exercisedunless the Holder shall, at the time of exercise, be an employee of the Corporation or one of its “subsidiaries”, as defined in the Plan. 

4. This Option may be exercised only by one or more notices in writing of the Holder’s intent to exercise this Option, accompanied by payment by check to the Corporation in an amount equal to the aggregate Option Price of the totalnumber of whole shares then being purchased. Unless otherwise specified by the Corporation, each such notice and check shall be delivered to the Treasurer of the Corporation, at the principal office of the Corporation or, at the risk of the Holder,mailed to the Treasurer at said office. 

5. Following the exercise of this Option, the Corporation will advise the Holder of the applicableFederal and state income taxes required to be withheld by reason of such exercise. Thereupon, the Holder shall forthwith deliver to the Corporation a check payable to the Corporation or the subsidiary of the Corporation which employs the Holder, asthe case may be, representing said taxes. 

6. This Option is not transferable by the Holder otherwise than by will or the laws of descentand distribution and may be exercised, during the lifetime of the Holder, only by the Holder. 

7. In the event of the termination ofemployment of the Holder with the Corporation or one of its subsidiaries, other than by reason of Retirement (as defined in the Plan) or death, the Holder may exercise this Option at any time within three months (or one year, if the Holder ispermanently and totally disabled within the meaning of Section 22(e)(3) of the Federal Internal Revenue Code) after such termination of employment subject to paragraph 9 hereof, but only if and to the extent this Option was exercisable at thedate of termination, and in no event after the date on which this Option would otherwise terminate; provided, however, if such termination of employment was for cause or a voluntary termination without the written consent of the Corporation, thenthis Agreement shall be of no further force or effect and all rights of the Holder under this Option shall thereupon cease. 

8. In theevent of the termination of employment of the Holder with the Corporation or one of its subsidiaries by reason of Retirement, then all shares subject to this Option shall be fully exercisable, and, subject to paragraph 9 hereof, this Option shall beexercisable by the Holder at any time up to and including (but not after) the date on which this Option would otherwise terminate. 

9. Inthe event of the death of the Holder (i) while employed by the Corporation or one of its subsidiaries or after Retirement, (ii) within three months after termination of the Holder’s employment (other than a termination by reason ofpermanent and total disability within the meaning of Section 22(e)(3) of the Federal Internal Revenue Code), or (iii) within one year after termination of the Holder’s employment by reason of such disability, then this Option may beexercised by the legatees under the last will of the Holder, or by the personal representatives or distributees of the Holder, at any time within a period of nine months after the Holder’s death, 

 

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but only if and to the extent this Option was exercisable at the date of death (unless death occurs while the Holder is employed by the Corporation or one ofits subsidiaries, in which case all shares subject to this Option shall be fully exercisable), and in no event after the date on which this Option would otherwise terminate. 

10. Prior to the termination of this Option, in the event of a stock dividend, a spin-off, split-up, re-capitalization, merger, consolidation,combination or exchange of shares, or the like, then the aggregate number and class of shares thereafter subject to this Option and the Option Price thereof, and the number and class of shares reserved for issuance pursuant to exercise hereof, shallbe appropriately adjusted by the Board, whose determination shall be conclusive. 

11. This Option and each and every obligation of theCorporation hereunder are subject to the requirement that if at any time the Corporation shall determine, upon advice of counsel, that the listing, registration, or qualification of the shares covered hereby upon any securities exchange or under anystate or Federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition of or in connection with the granting of this Option or the purchase of shares hereunder, this Option may not be exercisedin whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board. 

12. In the event of a “change in control” or a “Pooling Transaction”, as those terms are defined in the Plan, the Holder shall haveall of the rights specified in Paragraph 10(B) and, if applicable, Paragraph 10(D) of the Plan. 

13. Nothing herein contained shall conferon the Holder any right to continue in the employment of the Corporation or any of its subsidiaries or interfere in any way with the right of the Corporation or any subsidiary to terminate the Holder’s employment at any time; confer on theHolder any of the rights of a shareholder with respect to any of the shares subject to this Option until such shares shall be issued upon the exercise of this Option; affect the Holder’s right to participate in and receive benefits under and inaccordance with the provisions of any pension, profit-sharing, insurance, or other employee benefit plan or program of the Corporation or any of its subsidiaries; or limit or otherwise affect the right of the Board (subject to any required approvalby the shareholders) at any time or from time to time to alter, amend, suspend or discontinue the Plan and the rules for its administration; provided, however, that no termination or amendment of the Plan may, without the consent of the Holder,adversely affect the Holder’s rights under this Option. 

14. The Board shall have the right to resolve all questions which may arisein connection with this Option. Any interpretation, determination or other action made or taken by the Board regarding the Plan or this Option shall be final, binding and conclusive. 

IN WITNESS WHEREOF, this Nonqualified Stock Option Agreement has been duly executed by the Corporation and the Holder as of the day and year first abovewritten. 

 
 MIDAS, INC.  Holder:By: 
 
  
 
 President and Chief Executive Officer  Name: 
 

 

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