Corrections Corporation of America (the "Company") Summary of Director and Executive Officer Compensation

Executive Compensation Plan Agreement

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CORRECTIONS CORP OF AMERICA

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Title: Corrections Corporation of America (the "Company") Summary of Director and Executive Officer Compensation
Date: 2/25/2009
Industry: Business Services Sector: Services

Exhibit 10.38

Corrections Corporation of America (the “Company”)

Summary of Director and Executive Officer Compensation

I. Director Compensation . Directors who are employees of the Company do not receive additional compensation for serving as directors of the Company. The following table sets forth current rates of cash compensation for the Company’s non-employee directors.


Retainers and Fees

Board retainer	$	50,000
Board meeting fee	$	3,000
Audit chair retainer	$	10,000
Audit member retainer	$	2,000
Compensation, Nominating and Governance chair retainer	$	5,000
Committee chair meeting fee (excluding Executive)	$	2,500
Non-chair committee meeting fee	$	2,000

In addition to the cash compensation set forth above, each non-employee director has historically received a grant of a non-qualified option for

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