Document:

<PAGE>
                                                                     EXHIBIT 4.9

--------------------------------------------------------------------------------

                                                             CUSIP No. 22025YAC4

                          9 7/8% Senior Notes due 2009

No. 1                                                               $250,000,000

                       CORRECTIONS CORPORATION OF AMERICA

promises to pay to Cede & Co., or registered assigns, the principal sum of Two
Hundred Fifty Million Dollars on May 1, 2009.

                  Interest Payment Dates: May 1 and November 1

                      Record Dates: April 15 and October 15

Dated: February 13, 2003

                                         CORRECTIONS CORPORATION OF AMERICA

                                         By:
                                             -----------------------------------
                                             Name:
                                             Title:

This is one of the Notes referred to
in the within-mentioned Indenture:

STATE STREET BANK AND TRUST COMPANY,
  as trustee

By:
   ------------------------------------
          Authorized Signatory

--------------------------------------------------------------------------------

<PAGE>

                          9 7/8% Senior Notes due 2009

THIS GLOBAL NOTE IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE
GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL
OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES
EXCEPT THAT (1) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED
PURSUANT TO SECTION 2.06 OF THE INDENTURE, (2) THIS GLOBAL NOTE MAY BE EXCHANGED
IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(A) OF THE INDENTURE, (3) THIS
GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION
2.11 OF THE INDENTURE AND (4) THIS GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR
DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE COMPANY.

UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE
FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A
NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR
ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS
CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY (55 WATER STREET, NEW YORK, NEW YORK) ("DTC") TO THE COMPANY OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS MAY BE
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

         Capitalized terms used herein have the meanings assigned to them in the
Indenture referred to below unless otherwise indicated.

              (1) INTEREST. Corrections Corporation of America, a Maryland
corporation (the "Company"), promises to pay interest on the principal amount of
this Note at 9 7/8% per annum from February 13, 2003 until maturity and shall
pay the Liquidated Damages, if any, payable pursuant to Section 5 of the
Registration Rights Agreement referred to below. Notwithstanding the foregoing,
all accrued interest of the Restricted Global Notes exchanged for this Note in
the Exchange Offer shall be paid to the Holders entitled thereto in the same
manner as provided for in the Restricted Global Notes. The Company will pay
interest and Liquidated Damages, if any, semi-annually in arrears on May 1 and
November 1 of each year, or if any such day is not a Business Day, on the next
succeeding Business Day (each, an "Interest Payment Date"). Interest on the
Notes will accrue from the most recent date to which interest has been paid. The
Company will pay interest (including post-petition interest in any proceeding
under any Bankruptcy Law) on overdue principal and premium, if any, from time to
time on demand at a rate that is 1% per annum in excess of the rate then in
effect; it will pay interest (including post-petition interest in any proceeding
under any Bankruptcy Law) on overdue installments of interest and Liquidated
Damages, if any, (without regard to any applicable grace periods) from time to
time on demand at the same rate to the extent lawful. Interest will be computed
on the basis of a 360-day year of twelve 30-day months.

<PAGE>

              (2) METHOD OF PAYMENT. The Company will pay interest on the Notes
(except defaulted interest) and Liquidated Damages, if any, to the Persons who
are registered Holders of Notes at the close of business on the April 15 or
October 15 next preceding the Interest Payment Date, even if such Notes are
canceled after such record date and on or before such Interest Payment Date,
except as provided in Section 2.12 of the Indenture with respect to defaulted
interest. The Notes will be payable as to principal, premium and Liquidated
Damages, if any, and interest at the office or agency of the Company maintained
for such purpose within or without the City and State of New York, or, at the
option of the Company, payment of interest and Liquidated Damages, if any, may
be made by check mailed to the Holders at their addresses set forth in the
register of Holders; provided that payment by wire transfer of immediately
available funds will be required with respect to principal of and interest,
premium and Liquidated Damages, if any, on, all Global Notes and all other Notes
the Holders of which will have provided wire transfer instructions to the
Company or the Paying Agent. Such payment will be in such coin or currency of
the United States of America as at the time of payment is legal tender for
payment of public and private debts.

              (3) PAYING AGENT AND REGISTRAR. Initially, State Street Bank and
Trust Company, the Trustee under the Indenture, will act as Paying Agent and
Registrar. The Company may change any Paying Agent or Registrar without notice
to any Holder. The Company or any of its Subsidiaries may act in any such
capacity.

              (4) INDENTURE. The Company issued the Notes under an Indenture
dated as of May 3, 2002 (the "Indenture") among the Company, the Guarantors and
the Trustee. The terms of the Notes include those stated in the Indenture and
those made part of the Indenture by reference to the Trust Indenture Act of
1939, as amended (15 U.S. Code ss.ss. 77aaa-77bbbb). The Notes are subject to
all such terms, and Holders are referred to the Indenture and such Act for a
statement of such terms. To the extent any provision of this Note conflicts with
the express provisions of the Indenture, the provisions of the Indenture shall
govern and be controlling. The Notes are unsecured obligations of the Company.

              (5) OPTIONAL REDEMPTION.

        (a) Except as set forth in subparagraph (b) of this Paragraph 5, the
Company will not have the option to redeem the Notes prior to May 1, 2006.
Thereafter, the Company will have the option to redeem the Notes, in whole or in
part, upon not less than 30 nor more than 60 days' notice, at the redemption
prices (expressed as percentages of principal amount) set forth below plus
accrued and unpaid interest and Liquidated Damages, if any, thereon to the
applicable redemption date, if redeemed during the twelve-month period beginning
on May 1 of the years indicated below:

<TABLE>
<CAPTION>
        Year                                                          Percentage
        ----                                                          ----------
<S>                                                                   <C>
        2006.....................................................      104.938%
        2007.....................................................      102.469%
        2008 and thereafter......................................      100.000%
</TABLE>

        (b) Notwithstanding the provisions of subparagraph (a) of this Paragraph
5, at any time on or prior to May 1, 2005, the Company may on any one or more
occassions redeem Notes with the net cash proceeds of one or more Equity
Offerings of its common stock at a redemption price equal to 109.875% of the
aggregate principal amount thereof, plus accrued and unpaid interest and
Liquidated Damages, if any, to the redemption date; provided that at least 65%
in aggregate principal amount of the Notes issued under the Indenture remains
outstanding immediately after the occurrence of such redemption (excluding Notes
held by the Company and its Subsidiaries) and that such redemption occurs within
90 days of the date of the closing of such Equity Offering.

<PAGE>

              (6) MANDATORY REDEMPTION.

         The Company will not be required to make mandatory redemption payments
with respect to the Notes.

              (7) REPURCHASE AT OPTION OF HOLDER.

         (a) If there is a Change of Control, the Company will be required to
make an offer (a "Change of Control Offer") to repurchase all or any part (equal
to $1,000 or an integral multiple thereof) of each Holder's Notes at a purchase
price equal to 101% of the aggregate principal amount thereof plus accrued and
unpaid interest and Liquidated Damages thereon, if any, to the date of purchase
(the "Change of Control Payment"). Within 10 business days following any Change
of Control, the Company will mail a notice to each Holder setting forth the
procedures governing the Change of Control Offer as required by the Indenture.

         (b) If the Company or a Subsidiary consummates any Asset Sales, within
five days of each date on which the aggregate amount of Excess Proceeds exceeds
$15.0 million, the Company will commence an offer to all Holders of Notes and,
at the Company's option, all holders of other Indebtedness that is pari passu
with the Notes containing provisions similar to those set forth in the Indenture
with respect to offers to purchase or redeem with the proceeds of sales of
assets (an "Asset Sale Offer") pursuant to Section 3.09 of the Indenture to
purchase the maximum principal amount of Notes (including any Additional Notes)
and other pari passu Indebtedness that may be purchased out of the Excess
Proceeds at an offer price in cash in an amount equal to 100% of the principal
amount thereof plus accrued and unpaid interest and Liquidated Damages thereon,
if any, to the date fixed for the closing of such offer, in accordance with the
procedures set forth in the Indenture. To the extent that the aggregate amount
of Notes (including any Additional Notes) and other pari passu Indebtedness
tendered pursuant to an Asset Sale Offer is less than the Excess Proceeds, the
Company (or such Subsidiary) may use such deficiency for any purpose not
otherwise prohibited by the Indenture. If the aggregate principal amount of
Notes and other pari passu Indebtedness surrendered by holders thereof exceeds
the amount of Excess Proceeds, the Trustee shall select the Notes and other pari
passu Indebtedness to be purchased on a pro rata basis. Holders of Notes that
are the subject of an offer to purchase will receive an Asset Sale Offer from
the Company prior to any related purchase date and may elect to have such Notes
purchased by completing the form entitled "Option of Holder to Elect Purchase"
on the reverse of the Notes.

              (8) NOTICE OF REDEMPTION. Notice of redemption will be mailed at
least 30 days but not more than 60 days before the redemption date to each
Holder whose Notes are to be redeemed at its registered address. Notes in
denominations larger than $1,000 may be redeemed in part but only in whole
multiples of $1,000, unless all of the Notes held by a Holder are to be
redeemed. On and after the redemption date interest ceases to accrue on Notes or
portions thereof called for redemption.

              (9) DENOMINATIONS, TRANSFER, EXCHANGE. The Notes are in registered
form without coupons in denominations of $1,000 and integral multiples of
$1,000. The transfer of Notes may be registered and Notes may be exchanged as
provided in the Indenture. The Registrar and the Trustee may require a Holder,
among other things, to furnish appropriate endorsements and transfer documents
and the Company may require a Holder to pay any taxes and fees required by law
or permitted by the Indenture. The Company need not exchange or register the
transfer of any Note or portion of a Note selected for redemption, except for
the unredeemed portion of any Note being redeemed in part. Also, the Company
need not exchange or register the transfer of any Notes for a period of 15 days
before a selection of Notes to be redeemed or during the period between a record
date and the corresponding Interest Payment Date.

<PAGE>

              (10) PERSONS DEEMED OWNERS. The registered Holder of a Note may be
treated as its owner for all purposes.

              (11) AMENDMENT, SUPPLEMENT AND WAIVER. Subject to certain
exceptions, the Indenture, the Note Guarantees or the Notes may be amended or
supplemented with the consent of the Holders of at least a majority in principal
amount of the then outstanding Notes and Additional Notes, if any, voting as a
single class, and any existing default or compliance with any provision of the
Indenture, the Note Guarantees or the Notes may be waived with the consent of
the Holders of a majority in principal amount of the then outstanding Notes and
Additional Notes, if any, voting as a single class. Without the consent of any
Holder of a Note, the Indenture, the Note Guarantees or the Notes may be amended
or supplemented to cure any ambiguity, defect or inconsistency, to provide for
uncertificated Notes in addition to or in place of certificated Notes, to
provide for the assumption of the Company's or any Guarantor's obligations to
Holders of the Notes in case of a merger or consolidation, to make any change
that would provide any additional rights or benefits to the Holders of the Notes
or that does not adversely affect the legal rights under the Indenture of any
such Holder, to comply with the requirements of the SEC in order to effect or
maintain the qualification of the Indenture under the Trust Indenture Act, to
provide for the Issuance of Additional Notes in accordance with the limitations
set forth in the Indenture, or to allow any Guarantor to execute a supplemental
indenture to the Indenture and/or a Note Guarantee with respect to the Notes.

              (12) DEFAULTS AND REMEDIES. Events of Default include: (i) default
for 30 days in the payment when due of interest on, or Liquidated Damages with
respect to, the Notes; (ii) default in payment when due of principal of or
premium, if any, on the Notes when the same becomes due and payable at maturity,
upon redemption (including in connection with an offer to purchase) or
otherwise, (iii) failure by the Company to comply with Sections 4.10, 4.15 or
5.01 of the Indenture; (iv) failure by the Company for 60 consecutive days after
notice to the Company by the Trustee or the Holders of at least 25% in principal
amount of the Notes then outstanding voting as a single class to comply with
certain other agreements in the Indenture, the Notes; (v) default under certain
other agreements relating to Indebtedness of the Company which default (A) is
caused by a Payment Default or (B) results in the acceleration of such
Indebtedness prior to its express maturity, and, in each case, the principal
amount of any such Indebtedness, together with the principal amount of any other
such Indebtedness under which there has been a Payment Default or the maturity
of which has been so accelerated, aggregates $25.0 million or more, provided
that any default described in clause (A) or (B) above on the MDP Notes shall not
constitute an Event of Default so long as the Company cures such default within
30 days of a final judgment by a court of competent jurisdiction that such
default on the MDP Notes exists or that any alleged unpaid principal or interest
on the MDP Notes is due and owing, which judgment is not stayed, paid or
discharged within such 30 day period; (vi) certain final judgments for the
payment of money that remain undischarged for a period of 60 days; (vii) certain
events of bankruptcy or insolvency with respect to the Company or any of its
Restricted Subsidiaries that are Significant Subsidiaries; and (ix) except as
permitted by the Indenture, any Note Guarantee shall be held in any judicial
proceeding to be unenforceable or invalid or shall cease for any reason to be in
full force and effect or any Guarantor or any Person acting on its behalf shall
deny or disaffirm its obligations under such Guarantor's Note Guarantee. If any
Event of Default occurs and is continuing, the Trustee or the Holders of at
least 25% in principal amount of the then outstanding Notes may declare all the
Notes to be due and payable. Notwithstanding the foregoing, in the case of an
Event of Default arising from certain events of bankruptcy or insolvency, all
outstanding Notes will become due and payable without further action or notice.
Holders may not enforce the Indenture or the Notes except as provided in the
Indenture. Subject to certain limitations, Holders of a majority in principal
amount of the then outstanding Notes may direct the Trustee in its exercise of
any trust or power. The Trustee may withhold from Holders of the Notes notice of
any continuing Default or Event of Default (except a Default or Event of Default
relating to the payment of principal or interest) if it determines that
withholding notice is in their interest. The Holders

<PAGE>

of a majority in aggregate principal amount of the Notes then outstanding by
notice to the Trustee may on behalf of the Holders of all of the Notes waive any
existing Default or Event of Default and its consequences under the Indenture
except a continuing Default or Event of Default in the payment of interest on,
or the principal of, the Notes. The Company is required to deliver to the
Trustee annually a written statement regarding compliance with the Indenture,
and the Company is required upon becoming aware of any Default or Event of
Default, to deliver to the Trustee a written statement specifying such Default
or Event of Default.

              (13) TRUSTEE DEALINGS WITH COMPANY. The Trustee, in its individual
or any other capacity, may make loans to, accept deposits from, and perform
services for the Company or its Affiliates, and may otherwise deal with the
Company or its Affiliates, as if it were not the Trustee.

              (14) NO RECOURSE AGAINST OTHERS. A director, officer, employee,
incorporator or stockholder, of the Company or any of the Guarantors, as such,
will not have any liability for any obligations of the Company or such Guarantor
under the Notes, the Note Guarantees or the Indenture or for any claim based on,
in respect of, or by reason of, such obligations or their creation. Each Holder
by accepting a Note waives and releases all such liability. The waiver and
release are part of the consideration for the issuance of the Notes.

              (15) AUTHENTICATION. This Note will not be valid until
authenticated by the manual signature of the Trustee or an authenticating agent.

              (16) ABBREVIATIONS. Customary abbreviations may be used in the
name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of
survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A
(= Uniform Gifts to Minors Act).

              (17) CUSIP NUMBERS. Pursuant to a recommendation promulgated by
the Committee on Uniform Security Identification Procedures, the Company has
caused CUSIP numbers to be printed on the Note and the Trustee may use CUSIP
numbers in notices of redemption as a convenience to Holders. No representation
is made as to the accuracy of such numbers either as printed on the Notes or as
contained in any notice of redemption and reliance may be placed only on the
other identification numbers placed thereon.

         The Company will furnish to any Holder upon written request and without
charge a copy of the Indenture and/or the Registration Rights Agreement.
Requests may be made to:

Corrections Corporation of America
10 Burton Hills Boulevard
Nashville, Tennessee 37215
Attention: Irving E. Lingo, Jr.

<PAGE>

                                   GUARANTEES

         For value received, each Guarantor (which term includes any successor
Person under the Indenture) has, jointly and severally, unconditionally
guaranteed, to the extent set forth in the Indenture and subject to the
provisions in the Indenture dated as of May 3, 2002 and any Supplemental
Indentures thereto (collectively, the "Indenture") among Corrections Corporation
of America, (the "Company"), the Guarantors named on the signature pages thereto
and State Street Bank and Trust Company, as trustee (the "Trustee"), (a) the due
and punctual payment of the principal of, premium and Liquidated Damages, if
any, and interest on the Notes (as defined in the Indenture), whether at
maturity, by acceleration, redemption or otherwise, the due and punctual payment
of interest on overdue principal of and interest on the Notes, if any, if
lawful, and the due and punctual performance of all other obligations of the
Company to the Holders or the Trustee all in accordance with the terms of the
Indenture and (b) in case of any extension of time of payment or renewal of any
Notes or any of such other obligations, that the same will be promptly paid in
full when due or performed in accordance with the terms of the extension or
renewal, whether at stated maturity, by acceleration or otherwise. The
obligations of the Guarantors to the Holders of Notes and to the Trustee
pursuant to the Note Guarantee and the Indenture are expressly set forth in
Article 10 of the Indenture and reference is hereby made to the Indenture for
the precise terms of the Note Guarantee. Each Holder of a Note, by accepting the
same, (a) agrees to and shall be bound by such provisions, (b) authorizes and
directs the Trustee, on behalf of such Holder, to take such action as may be
necessary or appropriate to effectuate the subordination as provided in the
Indenture and (c) appoints the Trustee attorney-in-fact of such Holder for such
purpose; provided, however, that the Indebtedness evidenced by this Note
Guarantee shall cease to be so subordinated and subject in right of payment upon
any defeasance of this Note in accordance with the provisions of the Indenture.

                              [signatures attached]

<PAGE>

                                   SIGNATURES

Dated as of February 13, 2002

                           CCA OF TENNESSEE, INC.
                           PRISON REALTY MANAGEMENT, INC.
                           CCA INTERNATIONAL, INC.
                           TECHNICAL AND BUSINESS INSTITUTES OF AMERICA, INC.

                           By:
                               ----------------------------------------
                             Name:  John D. Ferguson
                             Title: CEO and President

                           TRANSCOR AMERICA, LLC
                           RONALD LEE SUTTLES TRI-COUNTY EXTRADITION INC.
                           CCA PROPERTIES OF TENNESSEE, LLC
                           CCA PROPERTIES OF ARIZONA, LLC
                           CCA PROPERTIES OF AMERICA, LLC
                           CCA PROPERTIES OF TEXAS, L.P.

                           By:
                               ----------------------------------------
                             Name:  Todd Mullenger
                             Title: Vice President, Treasurer<PAGE>
                                                                    EXHIBIT 10.3

                           FIRST AMENDMENT AND CONSENT
                 TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT
                          DATED AS OF DECEMBER 27,2002

                  This FIRST AMENDMENT AND CONSENT TO THIRD AMENDED AND RESTATED
CREDIT AGREEMENT (together with all Exhibits, Schedules and Annexes hereto, this
"Amendment") is among CORRECTIONS CORPORATION OF AMERICA, a Maryland corporation
(the "Borrower"), the Lenders (as defined below), and LEHMAN COMMERCIAL PAPER
INC., as administrative agent for the Lenders (in such capacity, the
"Administrative Agent").

                             PRELIMINARY STATEMENTS:

         A.       The Borrower, the lenders party thereto (the "Lenders"), the
Administrative Agent, Lehman Brothers Inc., as lead arranger and sole
book-running manager, Deutsche Bank Securities Inc. and UBS Warburg LLC, as
co-syndication agents, and Societe Generale, as documentation agent, have
entered into a Third Amended and Restated Credit Agreement, dated as of May 3,
2002 (together with all Annexes, Exhibits and Schedules thereto, the "Credit
Agreement"; capitalized terms used and not otherwise defined herein shall have
the meanings ascribed to such terms in the Credit Agreement; terms defined in
Sections 2 and 3 hereof are used herein as defined therein);

         B.       The Borrower has advised the Lenders that it desires to
consummate the Colorado Acquisition (as defined below) and, in connection
therewith, obtain the ability to draw on $30,000,000 in aggregate principal
amount of additional loans through the creation of additional commitments under
the Tranche B Term Loan Facility (the "Additional Tranche B Term Loans") to
finance a portion of the purchase price thereof;

         C.       The Borrower has further advised the Lenders that it desires
to transfer (i) the real property listed on Part I of Schedule A hereto to a
Tennessee limited liability company to be a newly formed, Wholly Owned
Subsidiary of the Borrower ("Properties I"), (ii) the real property listed on
Part II of Schedule A hereto to a Delaware limited partnership to be a newly
formed, Wholly Owned Subsidiary of the Borrower ("Properties II"), (iii) the
real property listed on Part III of Schedule A hereto to a Tennessee limited
liability company to be a newly formed, Wholly Owned Subsidiary of the Borrower
("Properties III") and (iv) the real property listed on Part IV of Schedule A
hereto to a Tennessee limited liability company to be a newly formed, Wholly
Owned Subsidiary of the Borrower ("Properties IV"), in each case as such
transfers are more particularly described on Schedule 1 and on such other terms
and conditions as are satisfactory to the Administrative Agent, including,
without limitation, that such transfers will be made subject to and subordinate
to the Mortgages (the "Real Property Transfers"); and

         D.       The Borrower has requested that the Lenders consent to the
Colorado Acquisition, the Real Property Transfers and the creation and
incurrence of the Additional Tranche B Term Loans.

<PAGE>

                  NOW, THEREFORE, in consideration of the premises and for other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

1.       CONSENT.

         Subject to the satisfaction of the conditions set forth in Section 3
hereof, the requisite Lenders hereby consent to the Colorado Acquisition, the
Real Property Transfers and the creation and incurrence of the Additional
Tranche B Term Loans.

2.       AMENDMENTS TO CREDIT AGREEMENT TO BE EFFECTIVE ON THE FIRST AMENDMENT
EFFECTIVE DATE.

                  (a)      The following new definitions are hereby added to
Section 1.1 of the Credit Agreement in the appropriate alphabetical order:

                           "Colorado Acquisition": the purchase by Properties I
                  of the Crowley County Correctional Facility in Olney Springs,
                  Colorado for approximately $47,500,000, all on terms and
                  conditions satisfactory to the Administrative Agent
                  (including, without limitation, compliance with Section 6.10
                  of the Credit Agreement).

                           "Colorado Acquisition Closing Date": the date of
                  consummation of the Colorado Acquisition which shall be no
                  later than January 30,2003.

                           "First Amendment": the First Amendment and Consent to
                  Third Amended and Restated Credit Agreement, dated as of
                  December 27,2002.

                           "First Amendment Effective Date": the date on which
                  the First Amendment became effective according to its terms.

                           "Operating Subsidiaries": all Subsidiaries of the
                  Borrower other than the Immaterial Subsidiaries and the
                  Properties Group Parties.

                           "Properties I": CCA Properties of America, LLC, a
                  Tennessee limited liability company.

                           "Properties II": CCA Properties of Texas, L.P., a
                  Delaware limited partnership.

                           "Properties III": CCA Properties of Arizona, LLC, a
                  Tennessee limited liability company.

                           "Properties IV": CCA Properties of Tennessee, LLC, a
                  Tennessee limited liability company.

                           "Properties Group Parties": collectively, Properties
                  I, Properties II, Properties III and Properties IV.

                                        2

<PAGE>

                           "Real Property Transfers": the Real Property
                  Transfers as defined in the First Amendment.

                  (b)      The definition of "Excess Cash Flow" contained in
Section 1.1 of the Credit Agreement is hereby amended by (i) replacing the "and"
immediately preceding clause (x) thereof with ","and (ii) adding the following
new clause at the end thereof: "and (xi) cash payments not to exceed $8,400,000
in the aggregate made in fiscal year 2003 in connection with the early
termination of Hedge Agreements."

                  (c)      Section 4.15 of the Credit Agreement is hereby
amended by attaching to the Credit Agreement the Schedule 4.15(c) attached
hereto as Annex 1 and adding the following new clause (c):

          "(c) The Subsidiaries listed on Schedule 4.15(c) constitute all of the
          Subsidiaries of the Borrower as of the First Amendment Effective Date.
          Schedule 4.15(c) sets forth as of the First Amendment Effective Date
          the name and jurisdiction of organization of each Subsidiary and, as
          to each Subsidiary, the percentage and number of each class of Capital
          Stock owned by the Borrower and its Subsidiaries."

                  (d)      Section 4.19(a) of the Credit Agreement is hereby
amended by replacing Schedule 4.19(a)-1 with the new Schedule 4.19(a)-l attached
hereto as Annex 2.

                  (e)      Section 4.23(a) of the Credit Agreement is hereby
amended by replacing Schedule 4.23(a) with the new Schedule 4.23(a) attached
hereto as Annex 3 and replacing the words "Restatement Effective Date" with
"First Amendment Effective Date".

                  (f)      Section 6 of the Credit Agreement is hereby amended
by adding the following new Section 6.15 at the end thereof:

                           "6.15 Properties Group Parties. (a) Ensure that no
          Properties Group Party conducts, transacts or otherwise engages in any
          material business (other than as directly required by and incidental
          to its ownership of Prison Facilities) or incurs any Indebtedness
          (other than the incurrence and repayment of the Indebtedness permitted
          by Section 7.2(a), (b), (f), and (n)) or grants any Liens (other than
          (x) the Liens created pursuant to the Security Documents and (y) Liens
          permitted under Section 7.3 (other than under clauses (f) and (h)
          thereof) which are directly required by or incidental to its ownership
          of Prison Facilities) and (b) maintain the ownership structure and
          percentages of each Properties Group Party as set forth in Schedule
          4.15(c)."

                  (g)      Section 7.2 of the Credit Agreement is hereby amended
by (i) adding the word "Operating" (A) immediately prior to the word
"Subsidiaries" in each of clauses (c), (e), (k), and (p) thereof and (B)
immediately prior to the word "Subsidiary" in clauses (g) and (h) thereof, (ii)
inserting the phrase "Indebtedness of the Borrower consisting of" immediately
prior to the phrase "the Litigation Settlement Debt" in clause (1) thereof and
(iii) inserting the phrase "other than any Properties Group Party" after the
word "Guarantor" in clause (0) thereof.

                  (h)      Section 7.3 of the Credit Agreement is hereby amended
by adding the word "Operating" immediately prior to the word "Subsidiaries" in
each of clauses (f) and (h) thereof.

                                        3

<PAGE>

                  (i)      Section 7.4 of the Credit Agreement is hereby amended
by: (i) deleting the word "and" at the end of clause (a) thereof, (ii) replacing
the period at the end of clause (b) thereof with "; and", and (iii) inserting
the following new clause (c):

                  "(c) notwithstanding anything to the contrary in clauses (a)
                  and (b) of this Section 7.4, no Properties Group Party may
                  enter into any merger or consolidation with or Dispose of any
                  or all of its assets to any Person other than the Borrower
                  (directly or indirectly through the relevant intermediate
                  Subsidiary of the Borrower)."

                  (j)      Section 7.5 of the Credit Agreement is hereby amended
by:

                           (i) inserting the following proviso immediately after
                           the words "Subsidiary Guarantor" in clause (c)
                           thereof : ";provided that the Capital Stock of any
                           Properties Group Party may only be issued or sold to
                           the Borrower or, in the case of Properties III and
                           Properties IV, to CCA of Tennessee" and

                           (ii) replacing the word "and" at the end of clause
                           (k) thereof with ",", replacing the "." at the end of
                           clause (1) thereof with "; and" and adding the
                           following new clause (m): "the Disposition for cash
                           of unused equipment and undeveloped Real Estate;
                           provided that the fair market value of such Disposed
                           equipment and such Disposed Real Estate may not
                           exceed $5,000,000 in the aggregate for any fiscal
                           year of the Borrower."

                  (k)      Section 7.8(g) of the Credit Agreement is hereby
amended by:

                           (i)      deleting the word "and" at the end of
                           subclause (iv) thereof;

                           (ii)     deleting the period and adding the following
                           proviso to the end of subclause (v) thereof:
                           ";provided that, in addition to the foregoing,
                           Properties I may pay cash consideration as required
                           to consummate the Colorado Acquisition in fiscal year
                           2003 (such cash consideration in an aggregate amount
                           not to exceed $47,500,000, plus all customary costs
                           and expenses related thereto); and"

                           (iii)    inserting the following new subclause (vi):

                  "(vi) notwithstanding the foregoing, Properties I may
                  consummate the Colorado Acquisition as a Permitted Acquisition
                  hereunder, even if the Consolidated Secured Leverage Ratio is
                  in excess of 2.85 to 1.OO, provided that the requirements of
                  subclauses (i)-(v) of this clause (g) are otherwise
                  satisfied."

                  (1)      Section 7.9 of the Credit Agreement is hereby amended
by inserting the following parenthetical at the end of clause (c) in the first
sentence thereof: "(it being understood that, without limiting the foregoing, no
Credit Party which is a limited liability company or a limited partnership shall
amend its Governing Documents to elect that the equity interests therein be
treated as securities governed by the UCC)".

                                        4

<PAGE>

3.       OTHER AMENDMENTS. The following amendments to the Credit Agreement
shall be effective on the Additional Tranche B Effective Date (it being
understood that if the Additional Tranche B Effective Date does not occur, such
amendments will not be made).

                  (a)      Effective on the Additional Tranche B Effective Date,
the following new definitions are hereby added to Section 1.1 of the Credit
Agreement in the appropriate alphabetical order:

                           "Additional Tranche B Term Loan Lender": a Lender
                  holding an Additional Tranche B Term Loan Commitment or an
                  Additional Tranche B Term Loan.

                           "Additional Tranche B Term Loans": as defined in
                  Section 2.1

                           "Additional Tranche B Term Loan Commitment": the
                  commitment of certain Lenders or other lenders to make
                  Additional Tranche B Term Loans, in a principal amount not to
                  exceed the amount set forth under the heading "Additional
                  Tranche B Term Loan Commitment" opposite such Lender's name on
                  Schedule 1 to the Lender Addendum delivered by such Lender (in
                  the case of a new Lender) or, in a written confirmation to the
                  Administrative Agent (in the case of an existing Lender).

                  (b)      Effective on the Additional Tranche B Effective Date,
the definition of "Lender Addendum" contained in Section 1.1 of the Credit
Agreement is hereby amended and restated in its entirety as follows:

                           "Lender Addendum": with respect to any Lender, a
                  Lender Addendum in the Administrative Agent's standard form.

                  (c)      Effective on the Additional Tranche B Effective Date,
the definition of "Required Lenders" contained in Section 1.1 of the Credit
Agreement is hereby amended by inserting the following text immediately after
the words "Term Loans then outstanding":

                  "and, with respect to the Additional Tranche B Term Loans, any
                  unfunded, unexpired Additional Tranche B Term Loan
                  Commitments"

                  (d)      Effective on the Additional Tranche B Effective Date,
the definition of "Tranche B Term Loan Commitment" contained in Section 1.1 of
the Credit Agreement is hereby amended and restated in its entirety as follows:

                           "Tranche B Term Loan Commitment": as to any Tranche B
                  Term Loan Lender, the obligation of such Lender, if any, to
                  make or purchase a Term Loan in a principal amount not to
                  exceed the amount set forth under the heading "Tranche B Term
                  Loan Commitment" opposite such Lender's name on Schedule 1 to
                  the Lender Addendum delivered by such Lender or in the
                  Assignment and Acceptance pursuant to which such Lender became
                  a party hereto, as the same may be changed from time to time
                  pursuant to the terms hereof or in connection with the First
                  Amendment."

                                        5

<PAGE>

                  (e)      Effective on the Additional Tranche B Effective Date,
Section 2.1 (b) of the Credit Agreement is hereby amended and restated in its
entirety as follows:

                  "(b)(i) each Tranche B Term Loan Lender on the Restatement
                  Effective Date severally agrees to purchase a term loan (an
                  "Original Tranche B Term Loan") from the Original Lenders on
                  the Restatement Effective Date in an amount not to exceed the
                  amount of the Tranche B Term Loan Commitment of such Lender on
                  the Restatement Effective Date and (ii) subject to the terms
                  and conditions of the First Amendment, each Lender having an
                  Additional Tranche B Term Loan Commitment severally agrees to
                  make a term loan on the Colorado Acquisition Closing Date (an
                  "Additional Tranche B Term Loan" and, collectively with any
                  Original Tranche B Term Loan, a "Tranche B Term Loan") in an
                  amount not to exceed the amount of the Additional Tranche B
                  Term Loan Commitment of such Lender on the Colorado
                  Acquisition Closing Date."

                  (f)      Effective on the Additional Tranche B Effective Date,
Section 2.2 of the Credit Agreement is hereby amended and restated in its
entirety as follows:

                  "2.2 Procedure for Term Loan Assignment/Borrowing. (i) The
                  Borrower shall give the Administrative Agent irrevocable
                  notice (which notice must be received by the Administrative
                  Agent prior to 1O:OO A.M., New York City time, one Business
                  Day prior to the anticipated Restatement Effective Date)
                  requesting that the Term Loan Lenders purchase the Term Loans
                  (other than the Additional Tranche B Term Loans) on the
                  Restatement Effective Date and specifying the amount of Term
                  Loans available for purchase. The Term Loans purchased by the
                  Lenders on the Restatement Effective Date shall initially be
                  Base Rate Loans, and prior to the Syndication Date, no Term
                  Loan may be converted into or continued as a Eurodollar Loan
                  having an Interest Period in excess of one month. Upon receipt
                  of such notice the Administrative Agent shall promptly notify
                  each Term Loan Lender thereof. Not later than 12:OO Noon, New
                  York City time, on the Restatement Effective Date each Term
                  Loan Lender shall make available to the Administrative Agent
                  at the Funding Office an amount in immediately available funds
                  equal to the Term Loan or Term Loans to be acquired by such
                  Lender.

                  (ii) The Borrower shall give the Administrative Agent
                  irrevocable Notice of Borrowing (which notice must be received
                  by the Administrative Agent prior to 12:OO Noon, New York City
                  time, one Business Day prior to the anticipated Colorado
                  Acquisition Closing Date) certifying that the Colorado
                  Acquisition will be consummated on such date pursuant to its
                  terms and requesting that the Additional Tranche B Term Loan
                  Lenders make the Additional Tranche B Term Loans on the
                  Colorado Acquisition Closing Date and specifying the amount to
                  be borrowed. The Additional Tranche B Term Loans made on the
                  Closing Date shall initially be Base Rate Loans. Upon receipt
                  of such notice the Administrative Agent shall promptly notify
                  each Additional Tranche B Term Loan Lender thereof. Not later
                  than 12:OO Noon, New York City time, on the Colorado
                  Acquisition Closing Date each Additional Tranche B Term Loan
                  Lender shall make available to the Administrative Agent at the
                  Funding Office an amount in immediately available funds equal
                  to the

                                        6

<PAGE>

                  Additional Tranche B Term Loan to be made by such Lender. The
                  Administrative Agent shall make available to the Borrower the
                  aggregate of the amounts made available to the Administrative
                  Agent by the Additional Tranche B Term Loan Lenders in like
                  funds. Additional Tranche B Term Loan Commitments not funded
                  on the Colorado Acquisition Closing Date will terminate.

                  (g)      Effective on the Additional Tranche B Effective Date,
Section 2.3(b) of the Credit Agreement is hereby amended and restated in its
entirety as follows:

                           "(b) The Tranche B Term Loan of each Tranche B Term
                  Loan Lender shall mature in 24 consecutive quarterly
                  installments, commencing on June 30, 2002, each of which shall
                  be in an amount equal to such Lender's Tranche B Term Loan
                  Percentage multiplied by the amount set forth below opposite
                  such installment:

<TABLE>
<CAPTION>
   Installment                          Principal Amount
   -----------                          ----------------
<S>                                     <C>
June 30, 2002                             $   1,412,500
September 30, 2002                        $   1,412,500
December 31, 2002                         $   1,412,500
March 31, 2003                            $   1,487,500
June 30, 2003                             $   1,487,500
September 30, 2003                        $   1,487,500
December 31, 2003                         $   1,487,500
March 31, 2004                            $   1,487,500
June 30, 2004                             $   1,487,500
September 30, 2004                        $   1,487,500
December 31, 2004                         $   1,487,500
March 31, 2005                            $   1,487,500
June 30, 2005                             $   1,487,500
September 30, 2005                        $   1,487,500
December 31, 2005                         $   1,487,500
March 31, 2006                            $   1,487,500
June 30, 2006                             $   1,487,500
September 30, 2006                        $   1,487,500
December 31, 2006                         $   1,487,500
March 31, 2007                            $   1,487,500
June 30, 2007                             $1 13,095,000
September 30, 2007                        $1 13,095,000
December 31, 2007                         $ 169,642,500
March 31, 2008                            $ 169,642,500"
</TABLE>

                  (h)      Effective on the Additional Tranche B Effective Date,
Section 4.16 of the Credit Agreement is hereby amended by adding the following
new sentence at the end thereof:

                  "The Proceeds of the Additional Tranche B Term Loans shall be
                  used to pay a portion of the purchase price of the Colorado
                  Acquisition and to pay related fees and expenses."

                                        7

<PAGE>

4.       CONDITIONS TO EFFECTIVENESS. The effectiveness of the consent contained
in Section 1 of this Amendment and of the amendments contained in Section 2 of
this Amendment are conditioned upon satisfaction of the following conditions
precedent (the date on which all such conditions have been satisfied being
referred to herein as the "First Amendment Effective Date"):

                  (a)      (i) Each Properties Group Party shall have duly
executed and delivered (1) an Assumption Agreement in the form attached hereto
as Annex 4 with respect to the Guarantee and Security Agreement and with respect
to the Mortgages encumbering the Real Estate transferred to it, (2) a
counterpart signature page to the Subordinated Intercompany Note and (3) any
other documentation required under, or requested by the Administrative Agent
pursuant to, Section 6.10 of the Credit Agreement or otherwise, all in form and
substance reasonably satisfactory to the Administrative Agent (any documentation
delivered to the Administrative Agent pursuant to this clause (i), the
"Properties Group Loan Documents"), (ii) the Governing Documents of each
Properties Group Party shall be reasonably satisfactory in form and substance to
the Administrative Agent and (iii) all aspects of the Colorado Acquisition and
the Real Property Transfers, and all documentation related thereto, shall be
reasonably satisfactory to the Administrative Agent;

                  (b)      the Administrative Agent shall have received signed
written authorization from the requisite Lenders to execute this Amendment, and
shall have received counterparts of this Amendment signed by the Borrower, and
counterparts of the consent of the Guarantors attached hereto as Annex 5 (the
"Consent") executed by each of the Guarantors (as defined in the Guarantee and
Security Agreement);

                  (c)      each of the representations and warranties in Section
6 below shall be true and correct in all material respects on and as of the
First Amendment Effective Date;

                  (d)      the Administrative Agent shall have received a
modified ALTA-11 endorsement from the Title Insurance Company for each of its
mortgagee's title insurance policies relating to the Mortgages;

                  (e)      the Administrative Agent shall have received payment
in immediately available funds of all expenses incurred by the Administrative
Agent (including, without limitation, legal fees) for which invoices have been
presented, on or before the Amendment Effective Date;

                  (f)      the Borrower shall have paid to each of the Lenders
executing this Amendment by December 18,2002 an amendment fee equal to the
product of 0.1% multiplied by the amount of each such Lender's Commitment;

                  (g)      the Administrative Agent shall have received the
executed legal opinions of (i) each of Stokes, Bartholomew, Evans & Petree,
Miles & Stockbridge and Kaye Scholer LLP counsel to the Borrower and its
Subsidiaries regarding customary matters (including, without limitation, the
enforceability of this Amendment, the Credit Agreement, as amended, and the
Properties Group Loan Documents against all parties thereto, and no conflict
with law or material agreements) and (ii) such local counsel as the
Administrative Agent shall request regarding the continued enforceability of the
Mortgages and other customary matters;

                                        8

<PAGE>

                  (h)      the Administrative Agent shall have received such
other documents, instruments, certificates, opinions and approvals as it may
reasonably request.

5.       CONDITIONS TO EFFECTIVENESS OF OTHER AMENDMENTS.

                  The effectiveness of the amendments contained in Section 3 of
this Amendment and of the requirement to fund the Additional Tranche B Term
Loans on the Colorado Acquisition Closing Date are conditioned upon satisfaction
of the following conditions precedent (the date on which all such conditions
have been satisfied being referred to herein as the "Additional Tranche B
Effective Date"):

                  (a)      the Administrative Agent shall have received an
irrevocable written request from the Borrower, such notice to be received by the
Administrative Agent at least five Business Days prior to the anticipated
Colorado Acquisition Closing Date, to obtain the Additional Tranche B Term Loan
Commitments in connection with the expected consummation of the Colorado
Acquisition;

                  (b)      each of the representations and warranties in Section
6 below shall be true and correct in all material respects on and as of the
Additional Tranche B Effective Date and, with respect to the requirement of the
Additional Tranche B Term Loan Lenders to fund the Additional Tranche B Term
Loans, on the Colorado Acquisition Closing Date;

                  (c)      the Administrative Agent shall have received (i)
additional commitments from banks and other financial institutions with respect
to the Additional Tranche B Term Loans in an aggregate principal amount equal to
$30,000,000 and (ii) if any such bank or financial institution is not a Lender,
a fully executed Lender Addendum with respect to each such bank or other
financial institution committing to fund such Additional Tranche B Term Loans
(and pursuant to which on the Additional Tranche B Effective Date such bank or
other financial institution shall become a Tranche B Term Loan Lender for all
purposes under the Credit Agreement and the other Loan Documents);

                  (d)      the Administrative Agent shall have received payment
in immediately available funds of all expenses incurred by the Administrative
Agent (including, without limitation, legal fees) for which invoices have been
presented, on or before the Additional Tranche B Effective Date;

                  (e)      the Borrower shall have paid to each of the Lenders
with Additional Tranche B Term Loan Commitments any applicable fees; and

                  (f)      the Administrative Agent shall have received such
other documents, instruments, certificates, opinions and approvals as it may
reasonably request.

6.       REPRESENTATIONS AND WARRANTIES. The Borrower represents and warrants to
the Administrative Agent and the Lenders as follows:

                  (a)      Authority. The Borrower has the requisite corporate
power and authority to execute and deliver this Amendment and to perform its
obligations hereunder and under the Credit Agreement (as modified hereby). Each
of the Guarantors has the requisite corporate power and

                                        9

<PAGE>

authority to execute and deliver the Consent. Each Properties Group Party will
have the requisite corporate power and authority to execute the Properties Group
Loan Documents to which it is a party. The execution, delivery and performance
(i) by the Borrower of this Amendment and the Credit Agreement (as modified
hereby) and the transactions contemplated hereby and thereby, (ii) by the
Guarantors of the Consent and (iii) by each Properties Group Party of the
Properties Group Loan Documents to which it is a party, in each case, have been
(or will be with respect to any Properties Group Party) duly approved by all
necessary corporate action of such Person and no other corporate proceedings on
the part of each such Person are necessary to consummate such transactions.

                  (b)      Enforceability. This Amendment has been duly executed
and delivered by the Borrower. The Consent has been duly executed and delivered
by each of the Guarantors. Each of the Properties Group Loan Documents has been
duly executed and delivered by each Properties Group Party party thereto. Each
of this Amendment, the Consent, the Properties Group Loan Documents and, after
giving effect to this Amendment, the Credit Agreement and the other Loan
Documents, (i) is the legal, valid and binding obligation of each Loan Party or
other Subsidiary of the Borrower party hereto and thereto (including, without
limitation, as applicable, any Properties Group Party), enforceable against such
Loan Party or other Subsidiary in accordance with its terms, except as may be
limited by general equitable principals (whether enforcement is sought by
proceedings in equity or at law) and (ii) is in full force and effect. Neither
the execution, delivery or performance of this Amendment, of the Consent, of the
Properties Group Loan Documents or of the Credit Agreement (as modified hereby),
nor the performance of the transactions contemplated hereby or thereby, will
adversely affect the validity, perfection or priority of the Administrative
Agent's Lien on any of the Collateral or its ability to realize thereon.

                  (c)      Representations and Warranties. After giving effect
to this Amendment, the representations and warranties contained in the Credit
Agreement and the other Loan Documents (other than any such representations and
warranties that, by their terms, are specifically made as of a date other than
the date hereof) are true and correct in all material respects on and as of the
date hereof as though made on and as of the date hereof.

                  (d)      No Conflicts. Neither the execution and delivery of
this Amendment, the Consent, the Properties Group Loan Documents or the Credit
Agreement (as modified hereby), nor the consummation of the transactions
contemplated hereby and thereby, nor the performance of and compliance with the
terms and provisions hereof or thereof by any Loan Party or other Subsidiary of
the Borrower (including, without limitation, as applicable, any Properties Group
Party) will, at the time of such Performance, (a) violate or conflict with any
provision of its articles or certificate of incorporation or bylaws or other
organizational or governing documents of such Person, (b) violate, contravene or
materially conflict with any Requirement of Law or any other law, regulation
(including, without limitation, Regulation U or Regulation X), order, writ,
judgment, injunction, decree or permit applicable to it, except for any
violation, contravention or conflict which could not reasonably be expected to
have a Material Adverse Effect, (c) (i) violate, contravene or conflict with the
contractual provisions of, or cause an event of default under, any Loan Document
or (ii) violate, contravene or conflict with the contractual provisions of, or
cause an event of default under any other loan agreement, indenture, mortgage,
deed of trust, contract or other agreement or instrument to which it is a party
or by which it may be bound or (d) result in or require the creation of any Lien
(other than those contemplated in or created in connection with the

                                       10

<PAGE>

Loan Documents) upon or with respect to its properties. No consent or
authorization of, filing with, notice to or other act by or in respect of, any
Governmental Authority or any other Person is required in connection with the
transactions contemplated hereby (including, without limitation, the transfer of
ownership of the Real Estate), except the filings referred to in the revised
Schedule 4.19(a)-l attached hereto.

                  (e)      No Default. Both before and after giving effect to
this Amendment and the transactions contemplated hereby, no event has occurred
and is continuing that constitutes a Default or Event of Default.

                  (f)      Solvency. Each Subsidiary of the Borrower (including,
without limitation, each Properties Group Party) is, and after giving effect to
(i) the Real Property Transfers, (ii) the assumption of the obligations and
liabilities by the Properties Group Parties of (x) a Guarantor and Grantor under
the Guarantee and Security Agreement and (y) of Grantor or Mortgagor under the
each of the Mortgages (as contemplated in the Assumption Agreement executed by
the Properties Group Parties) (iii) the incurrence of the Additional Tranche B
Term Loans and (iv) the other transactions contemplated hereby, will be,
Solvent.

7.       REFERENCE TO AND EFFECT ON CREDIT AGREEMENT.

                  (a)      Upon and after the effectiveness of this Amendment,
each reference in the Credit Agreement to "this Agreement", "hereunder",
"hereof" or words of like import referring to the Credit Agreement, and each
reference in the other Loan Documents to "the Credit Agreement", "thereunder",
"thereof" or words of like import referring to the Credit Agreement, shall mean
and be a reference to the Credit Agreement as modified hereby. This Amendment is
a Loan Document.

                  (b)      Except as specifically modified above, the Credit
Agreement and the other Loan Documents are and shall continue to be in full
force and effect and are hereby in all respects ratified and confirmed. Without
limiting the generality of the foregoing, the Security Documents and all of the
Collateral described therein do and shall continue to secure the payment of all
Obligations under and as defined therein, in each case as modified hereby.

                  (c)      The execution, delivery and effectiveness of this
Amendment shall not, except as expressly provided herein, operate as a waiver of
any right, power or remedy of any Secured Party under any of the Loan Documents,
nor, except as expressly provided herein, constitute a waiver or amendment of
any provision of any of the Loan Documents.

8.       RELIANCE. The Borrower hereby acknowledges and agrees that the Real
Property Transfers contemplated hereby are being consummated at the request of
the Borrower and at the time of their formation, the Properties Group Parties,
and in consenting and agreeing to this Amendment, the Lenders have relied upon
(i) each Property Group Party becoming a Guarantor and a Grantor under the
Guarantee and Security Agreement and a Grantor or Mortgagor under any other
applicable Security Documents, including, without limitation, the Mortgages,
(ii) the continuing validity, enforceability and first-priority of the security
interest created by the existing Mortgages in the Real Estate subject thereto
notwithstanding the transfer of fee ownership of any such Real Estate to

                                       11

<PAGE>

any Properties Group Party, (iii) the Real Property Transfers being consummated
subject to and subordinate to the Mortgages and (iv) the non-release of the
Borrower from any of its obligations as Grantor or Mortgagor under the Security
Documents, including without limitation, the Mortgages.

9.       COUNTERPARTS. This Amendment may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of
which when so executed and delivered shall be deemed to be an original and all
of which taken together shall constitute one and the same agreement. Delivery of
an executed counterpart of a signature page to this Amendment by facsimile shall
be effective as delivery of a manually executed counterpart of this Amendment.

10.      SEVERABILITY. Any provision of this Amendment that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction.

11.      GOVERNING LAW. This Amendment shall be governed by, and construed in
accordance with, the laws of the State of New York.

                            [Signature page follows]

                                       12

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their respective officers thereunto duly authorized, as of the date
first written above.

                                             CORRECTIONS CORPORATION OF AMERICA,
                                             as Borrower

                                             By: /s/ John D.Ferguson
                                                --------------------------------
                                                 Name:  John D.Ferguson
                                                 Title: Chief Executive Officer
                                                        and President

                                             LEHMAN COMMERCIAL PAPER, INC.,
                                             as Administrative Agent

                                             By:________________________________
                                                 Name:
                                                 Title:

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their respective officers thereunto duly authorized, as of the date
first written above.

                                             CORRECTIONS CORPORATION OF AMERICA,
                                             as Borrower

                                             By:________________________________
                                                 Name:
                                                 Title:

                                             LEHMAN COMMERCIAL PAPER INC.,
                                             as Administrative Agent

                                             By: G.Andrew Keith
                                                --------------------------------
                                                 Name:  G.Andrew Keith
                                                 Title: Authorized Signatory

<PAGE>

                                             DEUTSCHE BANK SECURITIES INC., as
                                             Co-Syndication Agent

                                             By: /s/ David S. Bailey
                                                --------------------------------
                                             Name:  David S. Bailey
                                             Title: Managing Director

                                             UBS WARBURG LLC, as
                                             Co-Syndication Agent

                                             By:________________________________
                                             Name:
                                             Title:

                                             By:________________________________
                                             Name:
                                             Title:

                                             SOCIETE GENERALE, as
                                             Documentation Agent

                                             By:________________________________
                                             Name:
                                             Title:

<PAGE>

                                             DEUTSCHE BANK SECURITIES INC., as
                                             Co-Syndication Agent

                                             By:________________________________
                                             Name:
                                             Title:

                                             UBS WARBURG LLC, as
                                             Co-Syndication Agent

                                             By: /s/ Annette Spencer
                                                --------------------------------
                                             Name:  Annette Spencer
                                             Title: Director

                                             By: /s/ John C Cranoot
                                                --------------------------------
                                             Name:  John C Cranoot
                                             Title: Director

                                             SOCIETE GENERALE, as
                                             Documentation Agent

                                             By: _______________________________
                                             Name:
                                             Title:

<PAGE>

                                             DEUTSCHE BANK SECURITIES INC., as
                                             Co-Syndication Agent

                                             By: _______________________________
                                             Name:
                                             Title:

                                             UBS WARBURG LLC, as
                                             Co-Syndication Agent

                                             By: _______________________________
                                             Name:
                                             Title:

                                             By: _______________________________
                                             Name:
                                             Title:

                                             SOCIETE GENERALE, as
                                             Documentation Agent

                                             By: Jeffrey C. Schultz
                                                 -------------------------------
                                             Name:  Jeffrey C. Schultz
                                             Title: Vice President

<PAGE>

                        Schedules, Exhibits and Annexes
                             Intentionally Omitted
<PAGE>

                              ASSUMPTION AGREEMENT

                  ASSUMPTION AGREEMENT, dated as of December 27, 2002, made by
CCA Properties of America, LLC, a Tennessee limited liability company
("Properties I"), CCA Properties of Texas, L.P., a Delaware limited partnership
("Properties II"), CCA Properties of Arizona, LLC, a Tennessee limited liability
company ("Properties III") and CCA Properties of Tennessee, LLC, a Tennessee
limited liability company ("Properties IV" and, collectively with Properties I,
Properties II and Properties III, the "Additional Grantors"), in favor of Lehman
Commercial Paper Inc., as administrative agent (in such capacity, the
"Administrative Agent") for (i) the banks and other financial institutions and
entities (the "Lenders") parties to the Credit Agreement referred to below, and
(ii) the other Secured Parties (as defined in the Guarantee and Security
Agreement (as hereinafter defined)). All capitalized terms not defined herein
shall have the meaning ascribed to them in such Credit Agreement.

                              W I T N E S S E T H:

                  WHEREAS, Corrections Corporation of America (the "Borrower"),
the Lenders, Lehman Brothers Inc., as advisor, lead arranger and book manager,
and, among others, the Administrative Agent have entered into a Third Amended
and Restated Credit Agreement, dated as of May 3, 2002 (as amended,
supplemented, replaced or otherwise modified from time to time, the "Credit
Agreement");

                  WHEREAS, in connection with the Credit Agreement, the Borrower
and certain of its Affiliates (other than the Additional Grantors) have entered
into the Second Amended and Restated Security Agreement (With Guarantee), dated
as of May 3, 2002 (as amended, supplemented or otherwise modified from time to
time, the "Guarantee and Security Agreement") in favor of the Administrative
Agent for the benefit of the Secured Parties;

                  WHEREAS, the Credit Agreement requires each Additional Grantor
to become a party to the Guarantee and Security Agreement; and

                  WHEREAS, each Additional Grantor has agreed to execute and
deliver this Assumption Agreement in order to become a party to the Guarantee
and Security Agreement;

                  WHEREAS, the Borrower has requested that the Lenders consent
to and agree to amend the Credit Agreement to provide, among other things, for
the transfers of the Borrower's Real Estate to the Additional Grantors, as more
specifically set forth therein, (the "First Amendment");

                  WHEREAS, pursuant to the First Amendment, the Lenders have
required that the Additional Grantors assume the obligations and liabilities of
the Borrower as grantor or mortgagor under each of the Mortgages;

                  NOW, THEREFORE, IT IS AGREED:

                  1.       Guarantee and Security Agreement. By executing and
delivering this Assumption Agreement, each Additional Grantor, as provided in
Section 8.14 of the Guarantee

<PAGE>

and Security Agreement, hereby becomes a party to the Guarantee and Security
Agreement as a Grantor thereunder with the same force and effect as if
originally named therein as a Grantor and, without limiting the generality of
the foregoing, hereby expressly assumes all obligations and liabilities of a
Grantor thereunder. The information set forth in Schedule A hereto is hereby
added to the information set forth in Schedules to the Guarantee and Security
Agreement, as more specifically set forth therein. Each Additional Grantor
hereby represents and warrants that each of the representations and warranties
contained in Section 4 of the Guarantee and Security Agreement is true and
correct on and as the date hereof (after giving effect to this Assumption
Agreement) as if made on and as of such date.

                  2.       Assumption of Certain Mortgage Liabilities.

                  Reference is made to the Mortgages:

                  (a)      Properties I hereby assumes all of the obligations
         and liabilities, as well as all of the representations, warranties and
         covenants, of the Grantor or Mortgagor (each as defined in the
         respective Mortgages), as the case may be, arising under or with
         respect to each Mortgage set forth on Part I of Schedule B hereto.

                  (b)      Properties II hereby assumes all of the obligations
         and liabilities, as well as all of the representations, warranties and
         covenants, of the Grantor or Mortgagor (each as defined in the
         respective Mortgages), as the case may be, arising under or with
         respect to each Mortgage set forth on Part II of Schedule B hereto.

                  (c)      Properties III hereby assumes all of the obligations
         and liabilities, as well as all of the representations, warranties and
         covenants, of the Grantor or Mortgagor (each as defined in the
         respective Mortgages), as the case may be, arising under or with
         respect to each Mortgage set forth on Part III of Schedule B hereto.

                  (d)      Properties IV hereby assumes all of the obligations
         and liabilities, as well as all of the representations, warranties and
         covenants, of the Grantor or Mortgagor (each as defined in the
         respective Mortgages), as the case may be, arising under or with
         respect to each Mortgage set forth on Part IV of Schedule B hereto.

                  (e)      Each Additional Grantor specifically understands that
         each such Mortgage shall secure all obligations and liabilities arising
         under this Assumption Agreement and the Guarantee and Security
         Agreement as incorporated by reference hereby. Each Additional Grantor
         agrees that "Event of Default," as used in the Mortgages, shall
         include, without limitation, any default arising under this Agreement
         or in the Guarantee and Security Agreement, provided that any
         requirement for the giving of notice, the lapse of time, or both, has
         been satisfied.

                  3.       Reliance.

                  Each Additional Grantor hereby acknowledges and agrees that
the Real Property Transfers contemplated in the First Amendment and Consent to
the Third Amended and Restated Credit Agreement, dated as of December 27, 2002
(the "First Amendment") are being

<PAGE>

consummated at the request of the Borrower and the Properties Group Parties, and
in consenting and agreeing to the First Amendment, the Lenders have relied upon
(i) each Properties Group Party becoming a Guarantor and a Grantor under the
Guarantee and Security Agreement and a Grantor or Mortgagor under any other
applicable Security Documents, including, without limitation, the Mortgages,
(ii) the continuing validity, enforceability and first-priority of the security
interest created by the existing Mortgages in the Real Estate subject thereto
notwithstanding the transfer of fee ownership of any such Real Estate to any
Property Group Party, (iii) the Real Property Transfers being consummated
subject to and subordinate to the Mortgages and (iv) the non-release of the
Borrower from any of its obligations as Grantor or Mortgagor under the Security
Documents, including without limitation, the Mortgages.

                  4.       GOVERNING LAW. THIS ASSUMPTION AGREEMENT SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE
STATE OF NEW YORK.

                            [Signature page follows]

<PAGE>

         IN WITNESS WHEREOF, the undersigned have caused this Assumption
Agreement to be duly executed and delivered as of the date first above written.

                                       CCA PROPERTIES OF AMERICA, LLC

                                       By: Corrections Corporation of America, a
                                           Maryland corporation, its sole member

                                       By: /s/ Todd J. Mullenger
                                           -------------------------------------
                                           Name: Todd J. Mullenger
                                           Title: Vice President, Treasurer

                                       CCA PROPERTIES OF TEXAS, L.P.

                                       By: CCA Properties of America, LLC, a
                                           Tennessee limited liability company,
                                           its General Partner

                                       By: /s/ Todd J. Mullenger
                                           -------------------------------------
                                           Name: Todd J. Mullenger
                                           Title: Vice President, Treasurer

                                       CCA PROPERTIES OF ARIZONA, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                           corporation, its sole member

                                       By: /s/ Todd J. Mullenger
                                           -------------------------------------
                                           Name: Todd J. Mullenger
                                           Title: Vice President, Treasurer

                                       CCA PROPERTIES OF TENNESSEE, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                           corporation, its sole member

                                       By: /s/ Todd J. Mullenger
                                           -------------------------------------
                                           Name: Todd J. Mullenger
                                           Title: Vice President, Treasurer

<PAGE>

                        Schedules Intentionally Omitted
<PAGE>

                              CONSENT OF GUARANTORS

Each of the undersigned is a Guarantor of the Obligations of the Borrower under
the Credit Agreement and hereby (a) consents to the foregoing Amendment, (b)
acknowledges that (i) the Obligations have been increased by virtue of the
Additional Tranche B Term Loans and (ii) notwithstanding the execution and
delivery of the foregoing Amendment, the obligations of each of the undersigned
Guarantors are not impaired or affected and all guaranties given to the holders
of Obligations and all Liens granted as security for the Obligations continue in
full force and effect, and (c) confirms and ratifies its obligations under the
Guaranty and Security Agreement and each other Loan Document executed by it.
Capitalized terms used herein without definition shall have the meanings given
to such terms in the Amendment to which this Consent is attached or in the
Credit Agreement referred to therein, as applicable.

Each of the undersigned hereby acknowledges and agrees that the Real Property
Transfers contemplated in the foregoing Amendment are being consummated at the
request of the Borrower and at the time of their formation, the Properties Group
Parties, and in consenting and agreeing to the foregoing Amendment, the Lenders
have relied upon (i) each Properties Group Party becoming a Guarantor and a
Grantor under the Guarantee and Security Agreement and a Grantor or Mortgagor
under any other applicable Security Documents, including, without limitation,
the Mortgages, (ii) the continuing validity, enforceability and first-priority
of the security interest created by the existing Mortgages in the Real Estate
subject thereto notwithstanding the transfer of fee ownership of any such Real
Estate to any Properties Group Party, (iii) the Real Property Transfers being
consummated subject to and subordinate to the Mortgages and (iv) the non-release
of the Borrower from any of its obligations as Grantor or Mortgagor under the
Security Documents, including without limitation, the Mortgages.

                            [Signature Page Follows]

<PAGE>

         IN WITNESS WHEREOF, each of the undersigned has executed and delivered
this Consent of Guarantors as of the 27th day of December, 2002.

                                       CCA OF TENNESSEE, INC.

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                            Name:  Todd Mullenger
                                            Title: Vice President, Treasurer

                                       PRISON REALTY MANAGEMENT, INC.

                                       By:  /s/ John D. Ferguson
                                           -------------------------------------
                                            Name:  John D. Ferguson
                                            Title: Chief Executive Officer and
                                                   President

                                       CCA INTERNATIONAL, INC.

                                       By:  /s/ John D. Ferguson
                                           -------------------------------------
                                            Name: John D. Ferguson
                                            Title: Chief Executive Officer and
                                                   President

                                       TRANSCOR AMERICA, LLC

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                             Name: Todd Mullenger
                                             Title: Vice President, Treasurer

                                       TECHNICAL AND BUSINESS INSTITUTE OF
                                       AMERICA, INC.

                                       By:  /s/ John D. Ferguson
                                           -------------------------------------
                                             Name: John D. Ferguson
                                             Title: Chief Executive Officer and
                                                    President

                     [Signatures continue on following page]

<PAGE>

                                       CCA PROPERTIES OF AMERICA, LLC

                                       By: Corrections Corporation of America, a
                                           Maryland corporation, its sole member

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                             Name:  Todd Mullenger
                                             Title: Vice President, Treasurer

                                       CCA PROPERTIES OF TEXAS, L.P.

                                       By: CCA Properties of America, LLC, a
                                           Tennessee limited liability company,
                                           its General Partner

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                             Name:  Todd Mullenger
                                             Title: Vice President, Treasurer

                                       CCA PROPERTIES OF ARIZONA, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                           corporation, its sole member

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                             Name:  Todd Mullenger
                                             Title: Vice President, Treasurer

                                       CCA PROPERTIES OF TENNESSEE, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                           corporation, its sole member

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                             Name:  Todd Mullenger
                                             Title: Vice President, Treasurer

<PAGE>

                          COUNTERPART SIGNATURE PAGE TO
            ENDORSEMENT WITH RESPECT TO THE INTERCOMPANY SUBORDINATED
                             DEMAND PROMISSORY NOTE

         IN WITNESS WHEREOF, each Payor has caused this Endorsement to the
Intercompany Subordinated Demand Promissory Note to be executed and delivered by
its proper and duly authorized officer as of December 27th, 2002.

                                       CCA PROPERTIES OF AMERICA, LLC

                                       By: Corrections Corporation of America, a
                                       Maryland corporation, its sole member

                                       By:  /s/ David M. Garfinkle
                                           -------------------------------------
                                            Name:  David M. Garfinkle
                                            Title: Vice President, Finance

                                       CCA PROPERTIES OF TEXAS, L.P.
                                       By: CCA Properties of America, LLC, a
                                       Tennessee limited liability company, its
                                       General Partner

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                            Name:  Todd Mullenger
                                            Title: Vice President, Treasurer

                                       CCA PROPERTIES OF ARIZONA, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                       corporation, its sole member

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                            Name:  Todd Mullenger
                                            Title: Vice President, Treasurer

                                       CCA PROPERTIES OF TENNESSEE, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                       corporation, its sole member

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                            Name:  Todd Mullenger
                                            Title: Vice President, Treasurer

<PAGE>

                              COUNTERPART SIGNATURE PAGE TO
                INTERCOMPANY SUBORDINATED DEMAND PROMISSORY NOTE

         IN WITNESS WHEREOF, each Payor has caused this Intercompany
Subordinated Demand Promissory Note to be executed and delivered by its proper
and duly authorized officer as of December 27th, 2002.

                                       CCA PROPERTIES OF AMERICA, LLC

                                       By: Corrections Corporation of America, a
                                       Maryland corporation, its sole member

                                       By:  /s/ David M. Garfinkle
                                           -------------------------------------
                                            Name:  David M. Garfinkle
                                            Title: Vice President, Finance

                                       CCA PROPERTIES OF TEXAS, L.P.

                                       By: CCA Properties of America, LLC, a
                                       Tennessee limited liability company, its
                                       General Partner

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                            Name:  Todd Mullenger
                                            Title: Vice President, Treasurer

                                       CCA PROPERTIES OF ARIZONA, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                       corporation, its sole member

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                            Name:  Todd Mullenger
                                            Title: Vice President, Treasurer

                                       CCA PROPERTIES OF TENNESSEE, LLC

                                       By: CCA of Tennessee, Inc., a Tennessee
                                       corporation, its sole member

                                       By:  /s/ Todd Mullenger
                                           -------------------------------------
                                            Name:  Todd Mullenger
                                            Title: Vice President, Treasurer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00049-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00049-of-00352.parquet"}]]