EX-10.3 4 g11816exv10w3.htm EX-10.3 FORM OF DIRECTOR NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • May 5th, 2020 • Maryland
Contract Type FiledMay 5th, 2020 JurisdictionExhibit 10.3 NON-QUALIFIED STOCK OPTION AGREEMENT THIS NON-QUALIFIED STOCK OPTION AGREEMENT (the “Agreement”), is dated as of the ______day of ______, 20___by and between Corrections Corporation of America, a Maryland corporation (the “Company”), and ______ (“Optionee”). W I T N E S S E T H: WHEREAS, the Company has adopted the 2008 Stock Incentive Plan (the “Plan”), which authorizes and directs the Company to grant Options (as defined in the Plan) to members of the Company’s Board of Directors (the “Board”) who are not employees of the Company (“Non-Employee Directors”); WHEREAS, the Company and Optionee wish to confirm the terms and conditions of an Option granted to Optionee on ______, 20___(the “Date of Grant”). NOW, THEREFORE, in consideration of the premises, the mutual covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is agreed between the parties hereto as follows: 1. Definition
NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • February 21st, 2008 • Corrections Corp of America • Services-facilities support management services • Maryland
Contract Type FiledFebruary 21st, 2008 Company Industry JurisdictionTHIS NON-QUALIFIED STOCK OPTION AGREEMENT (the “Agreement”), is dated as of the ______day of ______, 20___by and between Corrections Corporation of America, a Maryland corporation (the “Company”), and ______ (“Optionee”).