PRECIS INC
EX-10.9
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT 10.9</font></b></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SUMMARY OF COMPENSATION ARRANGEMENTS WITH
EXECUTIVE OFFICERS</font></b></p>

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<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Coleman Orr serves as the President of our Care Entr&#233;e division.&#160; Mr. Orr receives a base salary of $120,000
per year.&#160; We will consider the
development of a commission plan for Mr. Orr such that he would receive
additional compensation of cash and securities for actual improvements to
certain operating metrics.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Eliseo Ruiz III serves as our Vice President, General Counsel, and
Secretary.&#160; Mr. Ruiz receives a base
salary of $150,000 per year and is eligible for participation in our management
incentive plan.&#160; He has received options
to purchase 100,000 shares of our Common Stock.&#160;
Those options become exercisable in increments of 25,000 shares.&#160; The first increment became exercisable in December&nbsp;2004.&#160; The remaining increments become exercisable
in December&nbsp;2005, 2006, and 2007.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Both Mr. Orr and Mr. Ruiz are eligible for all benefits that we offer
to our employees, including: participation in our 401K plan, health coverage, a
health reimbursement account, participation in our tax-favored flexible
spending accounts, and membership in our Care Entr&#233;e program.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

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