Document:

Exhibit 10.1

 

FIRST AMENDMENT TO PURCHASE
AGREEMENT

 

This First Amendment to Purchase Agreement (this “Amendment”)
is dated as of February 1, 2006 by and among Morningstar, Inc., an Illinois
corporation (the “Company”), and the purchaser identified on the signature page
hereof (the “Purchaser”).

 

WHEREAS, the Company and Purchaser entered into that
certain Purchase Agreement dated as of April 30, 2003, pursuant to the terms of
which the Company issued the number of shares of common stock, no par value, of
the Company, as identified on the signature page hereof (the “Company Shares”)
to Purchaser (the “Purchase Agreement”);

 

WHEREAS, the Company has consummated an initial public
offering and sale of equity securities of the Company pursuant to an S-1
Registration Statement;

 

WHEREAS, pursuant to Section 4.14 of the Purchase
Agreement, Sections 2.3 and 2.4 of the Purchase Agreement have been terminated
and no longer are in force and effect; and

 

WHEREAS, the Company and Purchaser wish to terminate
Sections 2.1 and 2.2 of the Purchase Agreement.

 

NOW THEREFORE, for good and valuable consideration,
the receipt, sufficiency and adequacy of which are mutually acknowledged by
each party, it is agreed as follows:

 

1.             Effective
as of the date hereof, without any further action, Sections 2.1 and 2.2 of the
Purchase Agreement shall be deemed terminated and of no further force or
effect, and, as a result of such termination, all parties thereto shall be
released from any and all further obligations, commitments and liabilities
under or in respect of Sections 2.1 and 2.2 or the Purchase Agreement, whether
arising prior to, on or after the date hereof.

 

2.             On
and after the date hereof, each reference in the Purchase Agreement to “this
Agreement,” “hereunder,” “hereof” or words of like import referring to the
Purchase Agreement shall mean the Purchase Agreement as amended by this
Amendment.

 

3.             This
Amendment may be executed in any number of counterparts, each of which when so
executed shall be an original and all of which shall constitute but one and the
same agreement.

 

[signature page follows]

 

 

IN WITNESS WHEREOF, the parties hereto have executed
this Amendment as of the date first set forth above.

 

	
   

  	
  MORNINGSTAR, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Martha Dustin Boudos

  	
   

  
	
   

  	
   

  	
  Martha Dustin Boudos

  
	
   

  	
   

  	
  Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  PURCHASER

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Patrick Reinkemeyer

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Patrick Reinkemeyer

  
	
   

  	
   

  	
  Number of Shares 11,668

  

 

 

[Signature Page to First
Amendment to Purchase Agreement]Exhibit 10.2

 

FIRST AMENDMENT TO PURCHASE
AGREEMENT

 

This First Amendment to Purchase Agreement (this “Amendment”)
is dated as of February 1, 2006 by and among Morningstar, Inc., an Illinois
corporation (the “Company”), and the purchaser identified on the signature page
hereof (the “Purchaser”).

 

WHEREAS, the Company and Purchaser entered into that
certain Purchase Agreement dated as of April 30, 2003, pursuant to the terms of
which the Company issued the number of shares of common stock, no par value, of
the Company, as identified on the signature page hereof (the “Company Shares”)
to Purchaser (the “Purchase Agreement”);

 

WHEREAS, the Company has consummated an initial public
offering and sale of equity securities of the Company pursuant to an S-1
Registration Statement;

 

WHEREAS, pursuant to Section 4.14 of the Purchase
Agreement, Sections 2.3 and 2.4 of the Purchase Agreement have been terminated
and no longer are in force and effect; and

 

WHEREAS, the Company and
Purchaser wish to terminate Sections 2.1 and 2.2 of the Purchase Agreement.

NOW THEREFORE, for good and valuable consideration, the receipt,
sufficiency and adequacy of which are mutually acknowledged by each party, it
is agreed as follows:

 

1.             Effective
as of the date hereof, without any further action, Sections 2.1 and 2.2 of the
Purchase Agreement shall be deemed terminated and of no further force or
effect, and, as a result of such termination, all parties thereto shall be
released from any and all further obligations, commitments and liabilities
under or in respect of Sections 2.1 and 2.2 or the Purchase Agreement, whether
arising prior to, on or after the date hereof.

 

2.             On
and after the date hereof, each reference in the Purchase Agreement to “this
Agreement,” “hereunder,” “hereof” or words of like import referring to the
Purchase Agreement shall mean the Purchase Agreement as amended by this
Amendment.

 

3.             This
Amendment may be executed in any number of counterparts, each of which when so
executed shall be an original and all of which shall constitute but one and the
same agreement.

 

[signature
page follows]

 

 

IN WITNESS WHEREOF, the parties hereto have executed
this Amendment as of the date first set forth above.

 

	
   

  	
  MORNINGSTAR, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Martha Dustin Boudos

  	
   

  
	
   

  	
   

  	
  Martha Dustin Boudos

  
	
   

  	
   

  	
  Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  PURCHASER

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Williams

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  David Williams

  
	
   

  	
  Number of Shares 1,000

  

 

 

[Signature Page to First
Amendment to Purchase Agreement]Exhibit 10.3

TERMINATION AGREEMENT

 

This Termination Agreement (this “Agreement”) is dated
as of February 1, 2006 by and among Morningstar, Inc., an Illinois corporation
(the “Company”), and Joseph D. Mansueto, Paul Sturm and Timothy K. Armour
(collectively, the “Shareholders”).

 

WHEREAS, the Company and the Shareholders entered into
that certain Shareholders Agreement dated as of February 1, 1999 (the “Shareholders
Agreement”); and

 

WHEREAS, the Company and
the Shareholders wish to terminate the Shareholders Agreement.

 

NOW THEREFORE, for good and valuable consideration,
the receipt, sufficiency and adequacy of which are mutually acknowledged by
each party, it is agreed as follows:

 

1.             Effective
as of the date hereof, without any further action, the Shareholders Agreement
shall be deemed terminated and of no further force or effect, and, as a result
of such termination, all parties thereto shall be released from any and all
further obligations, commitments and liabilities under or in respect of the
Shareholders Agreement, whether arising prior to, on or after the date hereof.

 

2.             This
Agreement may be executed in any number of counterparts, each of which when so
executed shall be an original and all of which shall constitute but one and the
same agreement.

 

IN WITNESS WHEREOF, the parties hereto have executed
this Agreement as of the date first set forth above.

 

	
   

  	
  MORNINGSTAR, INC.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Martha Dustin Boudos

  	
   

  
	
   

  	
   

  	
  Martha Dustin Boudos

  	
   

  
	
   

  	
   

  	
  Chief Financial Officer

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Joseph D. Mansueto

  	
   

  
	
   

  	
   

  	
  Joseph D. Mansueto

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Paul Sturm

  	
   

  
	
   

  	
   

  	
  Paul Sturm

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Timothy K. Armour

  	
   

  
	
   

  	
   

  	
  Timothy K. ArmourExhibit
10.43

 

Enterprise Bancorp

Executive Officer Supplemental Bonus Table

Fiscal  year 2006

 

	
   

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  	
  Bonus %

  	
   

  
	
   

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  	
  of
  salary,

  	
   

  
	
   

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  	
  NI
  Growth

  	
   

  
	
  Net Income growth*

  	
   

  	
  10.000%

  	
   

  	
  11.000%

  	
   

  	
  12.000%

  	
   

  	
  13.000%

  	
   

  	
  14.000%

  	
   

  	
  15.000%

  	
   

  	
  16.000%

  	
   

  	
  17.000%

  	
   

  	
  18.000%

  	
   

  	
  19.000%

  	
   

  	
  20.000%

  	
   

  
	
  Name

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  George L. Duncan

  	
   

  	
  10.000

  	
  %

  	
  18.000

  	
  %

  	
  26.000

  	
  %

  	
  35.000

  	
  %

  	
  40.000

  	
  %

  	
  50.000

  	
  %

  	
  55.000

  	
  %

  	
  60.000

  	
  %

  	
  65.000

  	
  %

  	
  70.000

  	
  %

  	
  75.000

  	
  %

  
	
  Richard W. Main

  	
   

  	
  10.000

  	
  %

  	
  18.000

  	
  %

  	
  26.000

  	
  %

  	
  35.000

  	
  %

  	
  40.000

  	
  %

  	
  50.000

  	
  %

  	
  55.000

  	
  %

  	
  60.000

  	
  %

  	
  65.000

  	
  %

  	
  70.000

  	
  %

  	
  75.000

  	
  %

  
	
  Jack P Clancy

  	
   

  	
  10.000

  	
  %

  	
  18.000

  	
  %

  	
  26.000

  	
  %

  	
  35.000

  	
  %

  	
  40.000

  	
  %

  	
  50.000

  	
  %

  	
  55.000

  	
  %

  	
  60.000

  	
  %

  	
  65.000

  	
  %

  	
  70.000

  	
  %

  	
  75.000

  	
  %

  
	
  James A. Marcotte

  	
   

  	
  5.714

  	
  %

  	
  10.286

  	
  %

  	
  14.857

  	
  %

  	
  20.000

  	
  %

  	
  22.857

  	
  %

  	
  28.571

  	
  %

  	
  31.429

  	
  %

  	
  34.286

  	
  %

  	
  37.143

  	
  %

  	
  40.000

  	
  %

  	
  42.857

  	
  %

  
	
  Robert R. Gilman

  	
   

  	
  5.714

  	
  %

  	
  10.286

  	
  %

  	
  14.857

  	
  %

  	
  20.000

  	
  %

  	
  22.857

  	
  %

  	
  28.571

  	
  %

  	
  31.429

  	
  %

  	
  34.286

  	
  %

  	
  37.143

  	
  %

  	
  40.000

  	
  %

  	
  42.857

  	
  %

  
	
  Stephen J. Irish

  	
   

  	
  5.714

  	
  %

  	
  10.286

  	
  %

  	
  14.857

  	
  %

  	
  20.000

  	
  %

  	
  22.857

  	
  %

  	
  28.571

  	
  %

  	
  31.429

  	
  %

  	
  34.286

  	
  %

  	
  37.143

  	
  %

  	
  40.000

  	
  %

  	
  42.857

  	
  %

  

 

%’s in table represent  bonus to be paid as a % of base salary.

 

*  Net income
growth % is the % increase in Net Income as compared to the prior Fiscal Year.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]