EXHIBIT 10.11
POSSIS MEDICAL, INC.
AGREEMENT UNDER THE 1999 STOCK COMPENSATION PLAN
NON-QUALIFIED OPTIONS

     Option  Agreement,  made and entered into  effective this day of , 200_, by
and between Possis Medical,  Inc., a Minnesota  corporation  (the "Company") and
(DIRECTOR NAME) ("Optionee"),  pursuant to the Company's 1999 Stock Compensation
Plan.

     WHEREAS,  the  Company  has adopted  the Possis  Medical,  Inc.  1999 Stock
Compensation Plan (the "Plan"),  which permits issuance of stock options for the
purchase of shares of common stock of the Company, and the Company has taken all
necessary  actions to grant the  following  option  pursuant  and subject to the
terms of the Plan.

     NOW  THEREFORE,  for good  and  valuable  consideration,  the  receipt  and
adequacy of which are hereby acknowledged, the Company and Optionee hereby agree
as follows:

     NONQUALIFIED  STOCK  OPTIONS for a total of  _________  (______)  shares of
Common Stock, par value 40 cents per share, of Possis Medical, Inc. ("Possis" or
the "Company"),  are hereby granted to (DIRECTOR NAME) ("Optionee") at the price
specified  herein and subject to the terms,  definitions  and provisions of this
Agreement,  and of the Possis Medical,  Inc., 1999 Stock  Compensation Plan (the
"Plan").

     1. Grant of Option. The Company hereby grants Optionee the right and option
(the "Option") to purchase all or any part of an aggregate  __________  (______)
shares of the  Company's  common stock at an option  price of _________  Dollars
($_____) per share on the terms and  conditions  set forth in this Agreement and
in the Plan.  The price herein is the market price of the stock on  ___________,
the date of grant (which was $______ per share).  The Option is issued  pursuant
to the Plan and is subject to its  terms.  A copy of the Plan will be  furnished
upon the request of Optionee.

     2.  Exercise  of  Option.  This  Option  shall  be  exercisable  solely  in
accordance  with the  provisions of this  Agreement.  The shares subject to this
Option shall become exercisable, in full, as follows:

             Date                      No. of Shares Becoming Exercisable


     Provided,  however,  that  in the  event  of a  change  in  control  of the
Corporation,  as defined in the Plan, all options hereunder shall be accelerated
and be rendered  fully  exercisable  and vested.  This Option shall in all cases
expire ten years from the date of this grant or the date  immediately  aforesaid
if earlier and this Option shall thereafter be wholly void and of no effect.

     3. Notice and Method of Exercise.  Subject to the foregoing, the Option may
be exercised in whole or in part from time to time by serving  written notice of
exercise on the Company at its principle  office.  Optionee's  written notice of
exercise shall state the election to exercise the Option and the number of whole
shares in respect to which it is being exercised.  The notice shall contain such
representations  and agreements as to Optionee's  investment intent with respect
to the Common Stock as may be satisfactory to counsel for Possis. Payment of the
purchase price for the shares shall accompany the written notice of exercise and
shall be in the following form:  cash  (including bank check,  personal check or
money order payable to the Company),  or, at the  discretion of the Company,  by
delivering to the Company for cancellation  shares of the Company's common stock
already owned by Optionee, having a fair market value equal to the full purchase
price of the shares being acquired or a combination of cash and such shares,  or
such other instrument or method as the Company shall accept.

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     4.  Restrictions  on Exercise.  This Option may not be exercised if, in the
opinion of counsel for Possis,  the  issuance or sale of the shares  pursuant to
exercise would be contrary to any agreement  between Possis and a stock exchange
upon which the Common Stock may be listed or if such issuance would constitute a
violation of applicable  securities laws or regulations.  If required by counsel
for Possis,  prior to  exercise of the Option  granted  herein,  Optionee  shall
deliver to Possis an affidavit averring Optionee's affiliated status with Possis
and Optionee's  knowledge and familiarity  with material  financial  information
related to Possis and,  further,  the opinion of Optionee's  counsel directed to
Possis to the effect that the  exercise  of the Option  shall not  constitute  a
violation of applicable securities laws or regulations, each of the foregoing to
be in such form and substance as may be satisfactory to counsel for Possis.

     5. Nontransferability.  This Option shall not be transferable or assignable
by the Optionee in any manner  otherwise than by will or the laws of descent and
distribution.   All  options  granted  hereunder  shall  be  exercisable  during
Optionee's lifetime only by Optionee.

     6. Disputes.  Any dispute or disagreement which should arise under, or as a
result  of or in  any  way  related  to,  the  interpretation,  construction  or
application of this Option shall be determined by  Disinterested  Members of the
Board of Directors and legal counsel for Possis.  Any determination made by said
persons shall be final, binding and conclusive for all purposes.

     7. Conditions of Continuing  Option.
     a.  Termination  for Cause.  If,  prior to  exercise of any portion of this
Option,  Optionee  is removed for cause as a Director of Possis or as a Director
of any  Possis  subsidiary,  this  Option  shall  terminate  to the  extent  not
previously exercised by Optionee.

     b.  Termination  other  than  for  Cause.  In  the  event  that  Optionee's
affiliation as a Director of either Possis or a Possis  subsidiary is terminated
other than for cause,  Optionee may exercise any options then  exercisable  (and
only  options to the extent then  exercisable)  for a period of three (3) months
after such termination, except as otherwise provided herein.

     c. Termination by Retirement. If an optionee's affiliation with the Company
or any Subsidiary,  Parent, or Affiliate terminates by reason of Retirement, any
Stock Option held by optionee may thereafter be exercised,  to the extent it was
exercisable  at the  time of  Retirement  or on such  accelerated  basis  as the
Committee may  determine at or after grant,  until the earlier of (i) five years
from the date of  Retirement;  or (ii) the expiration of the stated term of such
Stock Option, unless otherwise determined by the Committee at the time of grant;
provided, however, that if the optionee dies prior to the exercise of such Stock
Option,  any unexercised  Stock Option held by such optionee shall thereafter be
exercised to the extent to which it was  exercisable  at the time of death for a
period of one year from the date of such  death or until the  expiration  of the
stated term of such Stock Option, whichever period is the shorter.

     "Retirement"  means a Participant's  retirement from active employment with
the Company or any Affiliate,  Subsidiary,  or Parent of the Company, either (i)
on or after the normal retirement date specified in any applicable policy of the
Company or such Affiliate, Subsidiary, or Parent or (ii) with the consent of the
Possis Medical, Inc. Board of Directors.


Date of Option Grant:
                                     POSSIS MEDICAL, INC.

                                     By
                                     Its Vice President, Legal Affairs
                                     and Human Resources
                                     General Counsel and Secretary

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                        ACKNOWLEDGEMENT OF OPTION GRANT

                              NON-QUALIFIED OPTION







     (DIRECTOR NAME) ("Optionee")  acknowledges that he has been provided with a
copy of the Possis Medical, Inc., 1999 Stock Compensation Plan and of the Possis
Medical,  Inc., Agreement Under the 1999 Stock Compensation Plan - Non-Qualified
Options and  represents  that Optionee is familiar with the terms and provisions
thereof and hereby  accepts  the  __________  option  grant  described  therein,
subject  to said  terms  and  provisions.  Optionee  hereby  agrees to accept as
binding,  conclusive  and  final  all  decisions  or  interpretations  by Possis
Medical,  Inc.'s legal counsel with respect to any  questions  arising under the
Plan.  Optionee  acknowledges  that the Option is not granted pursuant to a plan
qualified  under Section 422A of the Internal  Revenue code of 1954, as amended,
and is not  eligible  for federal  income tax  treatment  as  provided  therein.
Optionee acknowledges that the exercise of the option and sale of the underlying
stock is subject to the Securities  Exchange Act of 1934, Section 16, concerning
insider trading of Possis securities.  Optionee  acknowledges that all decisions
and  determinations  with  respect  to  exercise  of  the  Option  and  the  tax
consequences  arising from the exercise or  disposition  of the shares are to be
made solely by Optionee  and that  Optionee has  received no  investment  or tax
advice or counsel  with respect  thereto from Possis or any  affiliate of Possis
Medical, Inc., or from any employee or agent of either.



Date of Grant:



Date of execution:











         (DIRECTOR NAME), Optionee