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                                                                   EXHIBIT 10.28

                       CORRECTIONS CORPORATION OF AMERICA
                      2001 WARDEN SERIES B PREFERRED STOCK
                              RESTRICTED STOCK PLAN

        1. Purposes of the Plan. The primary purpose of the Plan is to provide
incentives to Participants as related to their continued employment by the
Company or by any other member of the CCA Controlled Group. This Plan is
intended to be without prejudice to other compensation programs adopted from
time to time by the Company or any other member of the CCA Controlled Group.

        2. Definitions. Unless otherwise provided herein or required by the
context, the following terms shall have the meanings set forth below:

               "Board" or "Board of Directors" means the Board of Directors of
        the Company, or any successor thereto, or any committee of the Board
        which is authorized to act as the Board with respect to the
        administration of this Plan.

               "CCA Controlled Group" means the affiliated group of corporations
        (as determined under Section 1504 of the Internal Revenue Code of 1986,
        as amended) of which Corrections Corporation of America (or its
        successor) is the common parent.

               "Company" means CCA of Tennessee, Inc., a Tennessee corporation
        formerly known as CCA Acquisition Sub, Inc., and any successor thereto.

               "Corrections Corporation of America" or "CCA" means Corrections
        Corporation of America, a Maryland corporation and the owner of all of
        the issued and outstanding capital stock of the Company.

               "Effective Date" means May 22, 2001, the effective date of this
        Plan.

               "Participants" mean the participants in the Plan as set forth on
        Schedule A.

               "Plan" means the Corrections Corporation of America 2001 Warden
        Series B Preferred Stock Restricted Stock Plan.

               "Series B Preferred Stock" means the Series B Cumulative
        Convertible Preferred Stock, $0.01 par value per share, of Corrections
        Corporation of America.

               "Shares" mean the shares of Series B Preferred Stock subject to
        the Plan as set forth herein.

               "Vesting Date" means the earlier of May 22, 2004 or the date of
        the Participant's death.

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               "Vesting Period" means the period beginning on the Effective Date
        and ending on the Vesting Date.

        3. Administration of the Plan. This Plan shall be administered by the
Board of Directors. The Board of Directors shall have the responsibility of
interpreting the Plan and establishing and amending such rules and regulations
necessary or appropriate for the administration of the Plan. All interpretations
of the Plan and awards under the Plan are and shall be final and binding upon
all persons having an interest in the Plan. No member of the Board of Directors
shall be liable for any action or determination taken or made in good faith with
respect to this Plan or any award granted hereunder.

        4. Shares Subject to the Plan. The maximum number of Shares that may be
issued pursuant to the Plan shall be 61,000 Each Participant and the number of
Shares held by such Participant shall be listed on Schedule A attached hereto
and incorporated herein by this reference. The number of Shares subject to the
Plan shall be adjusted, as appropriate, as the result of any stock dividend,
stock split, recapitalization or other adjustment in the capital stock of
Corrections Corporation of America.

        5. Participants; Restricted Stock Awards. Shares issued pursuant to the
Plan shall be subject to the restrictions described below and to such additional
restrictions and conditions as may be set forth in any restricted stock
agreement executed by the Company and any Participant in connection herewith.

               (a) Vesting and Forfeiture. The Shares issued to each Participant
        vest in the Participant or his/her estate on the Vesting Date, provided
        such Participant is employed by the Company or any other member of the
        CCA Controlled Group at all times during the Vesting Period. If, at any
        time during the Vesting Period, a Participant ceases to be employed by
        the Company or any other member of the CCA Controlled Group for any
        reason (other than death), all of the Shares held by such Participant
        shall immediately and automatically be forfeited without monetary
        consideration to CCA and shall be automatically canceled and retired.
        From time to time, the Company shall amend Schedule A to reflect any
        forfeitures of Shares hereunder.

               (b) Certificates. Each certificate issued evidencing the Shares
        shall be held by the Company, or its designee, as custodian of the Plan,
        and shall bear an appropriate legend disclosing the restrictions on
        transferability imposed on such Shares by the Plan and any restricted
        stock agreement.

               (c) Certain Rights of Participants. During the Vesting Period,
        (i) each Participant shall have all rights as a holder of Series B
        Preferred Stock (except as otherwise provided herein), and (ii) the
        Shares, and each Participant's rights with respect to the Shares, may
        not be sold, assigned, transferred, exchanged, pledged, hypothecated, or
        otherwise encumbered.

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               (d) Lapse of Restrictions. Upon expiration of the Vesting Period,
        certificates evidencing the Shares which have vested (without the
        foregoing restrictive legend) shall be delivered to the Participant or
        his legal representative as provided herein. Each such new certificate
        shall bear such alternative legend as the Board shall specify.

               (e) Changes in Capitalization; Dividends; Redemptions. If as a
        result of a stock dividend, stock split, recapitalization or other
        adjustment in the capital stock or stated capital of Corrections
        Corporation of America, or as the result of a merger, consolidation, or
        other reorganization, the Series B Preferred Stock is increased, reduced
        or otherwise changed and by virtue thereof the Participant shall be
        entitled to new or additional or different shares, such new or
        additional shares shall be subject to the same terms, conditions and
        restrictions as the original Shares. In addition, if any dividends are
        paid with respect to the Shares other than in stock, or if any Shares
        are redeemed, such dividends or redemption proceeds, as the case may be,
        shall likewise be held by the Company as custodian subject to the same
        terms, conditions and restrictions as the underlying Shares.

        6. Non-Assignability. The right to receive Shares under the terms and
provisions of this Plan shall not be transferable.

        7. Rights to Terminate Employment. Nothing in the Plan or in any
agreement relating to the Shares shall confer upon any Participant the right to
continue in the employment of the Company or any other member of the CCA
Controlled Group or affect any right which the Company or any other member of
the CCA Controlled Group may have to terminate the employment of such
Participant.

        8. Withholding. Upon the lapse of restrictions under the Plan, the
Company shall have the right to withhold from awards due the Participant, or to
require the Participant to remit to the Company (or its designee), any amounts
sufficient to satisfy any federal, state and/or local withholding tax
requirements prior to the delivery of any certificate for such Shares.

        9. Non-Uniform Determinations. The Board of Directors' determinations
under the Plan (including, without limitation, determinations relating to the
forfeiture of Shares) need not be uniform and may be made selectively among
Participants, regardless of whether such Participants are similarly situated.

        10. Termination and Amendment. This Plan may be terminated, modified, or
amended by the Board of Directors; provided, however, that no amendment that
adversely affects the rights of any Participant with respect to Shares issued to
such Participant shall be effective without the Participant's consent.

        11. Duration of the Plan. This Plan shall be effective as of the date
hereof, subject to its adoption by the Board of Directors. This Plan shall
remain in effect until all Shares awarded under the Plan are free of all
restrictions imposed by the Plan and agreements thereunder.

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                                   SCHEDULE A

                                PLAN PARTICIPANTS

                            [Intentionally Omitted]

                                       4<PAGE>
                                                                   EXHIBIT 10.30

                                 FIRST AMENDMENT
                                       TO
                   EMPLOYMENT AGREEMENT WITH JOHN D. FERGUSON

          This FIRST AMENDMENT TO EMPLOYMENT AGREEMENT WITH JOHN D. FERGUSON
(the "Amendment") is entered into this 31st day of December, 2002, by and
between Corrections Corporation of America, a Maryland corporation formerly
known as Prison Realty Trust, Inc. and having a principal place of business at
10 Burton Hills Boulevard, Nashville, Tennessee (the "Company"), and John D.
Ferguson ("Ferguson"), a resident of Nashville, Tennessee. All capitalized terms
used herein but otherwise not defined shall have the meaning as set forth in the
Employment Agreement, as hereinafter defined.

                                   WITNESSETH:

         WHEREAS, the Company and Ferguson are parties to that certain
Employment Agreement, dated August 4, 2000, a copy of which is attached hereto
as Exhibit A (the "Employment Agreement");

         WHEREAS, the Initial Term of the Employment Agreement (as defined
therein) expires on December 31, 2002;

         WHEREAS, Ferguson's compensation during the Initial Term is comprised
of, among other things, an annual Base Salary (as such term is defined in the
Employment Agreement) and a guaranteed annual cash bonus;

         WHEREAS, the Employment Agreement provides for an annual Base Salary
during any Renewal Term (as such term is defined in the Employment Agreement) of
$400,000, or such other amount as may be agreed to by the Company and Ferguson
prior to each Renewal Term, and does not provide for any guaranteed annual cash
bonus during any Renewal Term;

         WHEREAS, the Company and Ferguson desire Ferguson's continued
employment with the Company following the Initial Term, and, in connection
therewith, desire to amend the terms of the Employment Agreement to provide
Ferguson with a minimum annual Base Salary of $540,000 during any Renewal Term
and to clarify that no guaranteed annual cash bonus shall be paid to Ferguson
during any Renewal Term (collectively, the "Amendments");

         WHEREAS, the Compensation Committee of the Board of Directors of the
Company (the "Compensation Committee") has considered and approved the
Amendments, and such approval has been reported and presented to the Company's
full Board of Directors which has also consented to and ratified the Amendments;
and

         WHEREAS, the Company and Ferguson now desire to amend certain terms and
provisions of the Employment Agreement pursuant to the terms hereof.

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

         1. Amendments.

         (a) Section 4.1 of the Employment Agreement is hereby amended to read
in its entirety as follows:

         "4.1. Base Salary. The Company shall pay the Executive an annual salary
         ("Base Salary") with respect to the Initial Term as follows: (i) for
         the period beginning on the date of this agreement and ending on
         December 31, 2000, the Company shall pay the Executive a pro-rated
         salary based on an annual salary of $350,000; (ii) for the period
         beginning on January 1, 2001 and ending on December 31, 2001, the
         Company shall pay the Executive a salary equal to $350,000; and (iii)
         for the period beginning on January 1, 2002 and ending on December 31,
         2002, the Company shall pay the Executive a salary equal to $400,000.
         The salary payable to the Executive hereunder shall be paid in
         accordance with the Company's normal payroll practices, but in no event
         less often than monthly. The annual salary to be paid to the Executive
         during the Renewal Term shall be equal to a minimum of $540,000. During
         each year of this Agreement, the Executive's compensation will be
         reviewed by the Board of Directors of the Company, or such committee or
         subcommittee to which compensation review has been delegated, and after
         taking into consideration both the performance of the Company and the
         personal performance of the Executive, the Board of Directors of the
         Company, or any such committee or subcommittee, may increase the
         Executive's compensation to any amount it may deem appropriate."

         (b) Section 4.2 of the Employment Agreement is hereby amended by adding
a new paragraph immediately following the existing paragraph of Section 4.2.

         "During the Renewal Term hereof, if any, the Executive shall not be
entitled to receive, and the Company shall not pay to the Executive, any
guaranteed annual cash bonus. The Executive shall, however, be eligible to
participate in and receive any cash bonuses due under the Company's Management
Cash Bonus Incentive Plan (or such other plan) that may be adopted by the
Company's Board of Directors, or such committee or subcommittee to which
compensation matters have been delegated, and in effect during the applicable
year of any Renewal Term."

         (c) In connection with (a) and (b) above, all other provisions of the
Employment Agreement are hereby amended in such manner as may be required to
reflect the Amendments and the intentions thereof. Without limiting the intent
or scope of the foregoing, the parties expressly acknowledge that the increase
in the Executive's annual Base Salary evidenced by this Amendment shall serve to
increase amounts payable to the Executive pursuant to the applicable severance
provisions of Section 5 of the Employment Agreement.

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         2. Authorization. Each party to this Amendment hereby represents and
warrants that the execution, delivery, and performance of this Amendment are
within the powers of each party and have been duly authorized by the party, the
execution and performance of this Amendment by each party have been duly
authorized by all applicable laws and regulations, and this Amendment
constitutes the valid and enforceable obligation of each party in accordance
with its terms.

         3. Effect of Amendment. Except as modified or amended hereby, all terms
and provisions of the Employment Agreement shall continue and remain in full
force and effect.

         4. Counterparts. This Amendment may be executed in any number of
counterparts, each of which shall be an original, and all of which shall
together constitute one agreement.

         5. Headings. Section headings are for convenience or reference only and
shall not be used to construe the meaning of any provision in this Amendment.

         6. Governing Law. This Amendment shall be governed and interpreted
under the laws of the State of Tennessee.

         7. Severability. Should any part of this Amendment be invalid or
unenforceable, such invalidity or unenforceability shall not affect the validity
and enforceability of the remaining portion.

         8. Successors. This Amendment shall be binding upon and inure to the
benefit of the respective parties and their permitted assigns and successors in
interest.

         9. Waivers. No waiver of any breach of any of the terms or conditions
of this Amendment shall be held to be a waiver of any other or subsequent
breach; nor shall any waiver be valid or binding unless the same shall be in
writing and signed by the party alleged to have granted the waiver.

        10. Entire Agreement. Subject to Section 3. above, this Amendment
constitutes the entire agreement of the parties hereto and supersedes all prior
agreements and presentations with respect to the subject matter hereof.

                  [remainder of page left intentionally blank]

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

                                         THE COMPANY:

                                         CORRECTIONS CORPORATION OF AMERICA,

                                         a Maryland corporation

                                         By: /s/ Irving E. Lingo, Jr.
                                            ------------------------------------
                                         Its: Executive VP and CFO
                                             -----------------------------------

                                         FERGUSON:

                                         JOHN D. FERGUSON

                                            /s/ John D. Ferguson
                                         ---------------------------------------

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                                    EXHIBIT A

                          Ferguson Employment Agreement
                             [intentionally omitted]

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