On December 11, 2008, Corrections Corporation of America (the "Company") and John D. Ferguson, Chairman of the Board of Directors and Chief Executive Officer of the Company, entered into an amendment to Mr. Ferguson's employment agreement to provide that either Mr. Ferguson or the Company may elect at any time during the then current term not to extend Mr. Ferguson's employment under the agreement by providing not less than 60 days prior written notice to the other party. The amendment also clarifies that any severance or change of control payment that becomes due to Mr. Ferguson under the terms of his employment agreement shall be based upon his annual rate of pay in effect immediately prior to any notice of termination "without cause," resignation for "good reason," non-renewal or resignation in connection with a change in control, as applicable. The amendment to Mr. Ferguson's employment agreement is attached hereto as Exhibit 10.1 and is incorporated herein in its entirety by this reference.
Additionally, on December 11, 2008, the Company and William K. Rusak, an Executive Vice President and Chief Human Resources Officer of the Company, entered into an amendment to Mr. Rusak's employment agreement to extend the term of Mr. Rusak's employment under the agreement until December 31, 2009. The amendment to Mr. Rusak's employment agreement is attached hereto as Exhibit 10.2 and is incorporated herein in its entirety by this reference. Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

   10.1         Second Amendment to Second Amended and Restated Employment Agreement,
                dated as of December 11, 2008, with John D. Ferguson.

   10.2         First Amendment to First Amended and Restated Employment Agreement,
                dated as of December 11, 2008, with William K. Rusak.