EXHIBIT 10.9

EMPLOYMENT AGREEMENT DATED AUGUST 1, 2005, BETWEEN REGISTRANT AND COLEMAN ORR.    EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT(this "Agreement"), effective as of the
1st day of August 2005 (the "Effective Date"), by and between Precis, Inc. (the
"Company"), an Oklahoma corporation, and Coleman Orr, an individual (the "Employee") (the Company and
the Employee are collectively referred to as the "parties" or are individually referred to as the
"party").

RECITALS

WHEREAS, the Company deems the services of the Employee to be of great and unique value to the business of the
Company and the Company desires to assure both itself of continuity of management and the Employee of continued employment; and

WHEREAS, the Employee is a key management employee of the Company and is presently making and is expected to continue making substantial
contributions to the Company; and

WHEREAS, it is in the best interests of the Company and its shareholders to induce the Employee to remain in the employ of the Company;
and

WHEREAS, the Company desires to induce the Employee to remain in the employ of the Company by providing to the Employee additional amounts
of compensation and severance benefits; and

WHEREAS, the Employee is willing to remain in the employ to the Company in accordance with and subject to the terms and conditions set
forth in this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Employee and the Company hereby agree as follows:

1.     Term.The Company shall employ the Employee for a period beginning and ending on the dates set forth on Schedule Ito this
Agreement (the "Initial Term"), unless such employment shall be terminated
earlier as provided in this Agreement.

2.     Nature of Services; Employment; Duties; Employment Evaluations.



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3.     Compensation.The Employee shall be entitled to compensation for any and all services performed under this Agreement
except as may be otherwise agreed to in writing, by the parties, at a rate set forth on Exhibit I to this Agreement (the "Base Salary"), less, in
any case, any deductions or withholdings required by law.

4.     Other Benefits, Bonus and Incentive Compensation.



5.     No Additional Compensation or Benefits; Unsecured Benefits; Withholdings.Except as provided in Sections 3 and 4 or as
otherwise determined by the Compensation Committee of the Company's Board of Directors, the Employee shall not be entitled to any other or further compensation or benefits from the Company as a result
of the services to be performed under and pursuant to this Agreement or otherwise. None of the benefits or arrangements described in this

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Agreement
shall be secured or funded in any way, and each shall instead constitute an unfunded and unsecured promise to pay money in the future exclusively from the general assets of the Company. The
Company may make deductions and withhold from any compensation, benefits, or amounts payable under this Agreement all federal, state, city, or other taxes as may be required pursuant to any law or
governmental regulation or ruling.

6.     Termination Prior to Expiration of Initial Term and Effects of such Termination.



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7.     United States Foreign Corrupt Practices Act, Securities Laws and Other Laws.The Employee shall at all times comply with
United States laws applicable to the Employee's actions on behalf of the Company, including specifically, without limitation, the United States Foreign Corrupt Practices Act, as amended (FCPA), the
Securities Act of 1933, as amended (the "Securities Act"), and the Securities Exchange Act of 1934, as amended (the "Exchange Act") and their successor statutes. If the Employee pleads guilty to or
nolo contendere or admits civil or criminal liability under the FCPA, the Securities Act or Exchange Act, or if a court finds that the Employee has personal civil or criminal liability under the FCPA,
the Securities Act or Exchange Act, or if a court finds that the Employee personally committed an action resulting in any Company entity having civil or criminal liability or responsibility under the
FCPA, the Securities Act or Exchange Act with knowledge of the activities giving rise to such liability or knowledge of facts from which the Employee should have reasonably inferred the activities
giving rise to liability had occurred or were likely to occur, such action or finding shall constitute Cause for termination under this Agreement unless (i) such action or finding was based on
the activities of others and the Employee had no personal involvement or knowledge of such activities, or (ii) the Company's Board of Directors determines in its sole and exclusive discretion
that the actions found to be in violation of the FCPA, the Securities Act or Exchange Act were taken in good faith and in compliance with all applicable policies of the Company.

8.     Protective Covenants



Employee
expressly acknowledges and agrees that Employee may be given access to and be provided additional Confidential Information in connection with the business and operations of the
Company.

8.2Nondisclosure of Confidential Information. Employee expressly acknowledges and agrees that the
Confidential Information is proprietary and confidential, and if any of the Confidential Information were imparted to or became known by any persons engaging in a business in any way competitive with
that of the Company, such disclosure would result in hardship, loss, irreparable injury, and damage to the Company, the measurement of which would be difficult, if not impossible, to determine.
Moreover, the release to third parties of any Confidential Information by any party other than the Company in its ordinary course of business could damage the Company and subject the Company to
hardship and

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possibly
the imposition of penalties under applicable laws and regulations relating to the disclosure of Confidential Information. Accordingly, Employee expressly agrees that the Company has a
legitimate interest in protecting the Confidential Information, that it is necessary for the Company to protect itself from such hardship, loss, irreparable injury, and damage, that the following
covenants are a reasonable means by which to accomplish those purposes, and that violation of any of the protective covenants contained herein shall constitute a breach of trust and shall be grounds
for immediate dismissal and for appropriate legal action for damages, enforcement, and/or injunction.

Consistent
with the proprietary nature of the Confidential Information, Employee agrees to use his best efforts and exercise utmost diligence to protect and safeguard the Confidential
Information. Employee covenants that, during the Initial Term of this Agreement and for a period of two (2) years immediately thereafter, regardless of which party terminates this Agreement and
whether such termination is for Cause, he will not disclose, disseminate, or distribute to another, or induce any other person to disclose, disseminate, or distribute, any Confidential Information,
directly or indirectly, either for Employee's own benefit or for the benefit of another, whether or not acquired, learned, obtained, or developed by Employee alone or in conjunction with others, and
Employee will not use or cause to be used any Confidential Information in any way except as is required in the course of Employee's engagement by the Company.

8.3Inventions. Employee agrees to promptly disclose to the Company, or any person designated by the
Company, all improvements, processes, techniques, know-how, data and other Developments made or conceived or reduced to practice or learned by Employee, either alone or jointly with
others, during the Initial Term of this Agreement that are related to or useful in the business of the Company, or result from use of premises, or property, equipment, facilities or funding owned,
improvements, processes, techniques, know-how, data and other developments, shall be collectively referred to as "Inventions". Employee further agrees that all Inventions shall be the sole
property of the Company and its assigns, and the Company and its assigns shall be the sole owner of all patents, copyrights, trademarks and other rights in connection therewith. Employee hereby
assigns to the Company any rights he may have or acquire in all Inventions. Employee agrees to execute any documents requested by the Company to effectuate the intent of this Section 5. Employee and the Company agree that
this paragraph does not apply to Inventions for which no Company equipment, supplies, facility, funding or Confidential Information was used
and which were developed entirely on Employee's own time, and (a) that do not relate (1) to the business of the Company or (2) to the Company's actual or demonstrably anticipated
research or developments, and (b) that do not result from any work performed by Employee for the Company. Employee agrees to execute, without further compensation, any
and all assignments, transfers, applications and other papers covering any Inventions that may be considered necessary or helpful by the Company in furtherance of the foregoing and/or to accomplish
the assignment, transfer and/or license of any Inventions to persons designated by the Company. To this end, Employee irrevocably designates and appoints the Company and its duly authorized officers
and agents, as his agents and attorneys-in-fact to act for and on his behalf and instead of him, to execute and file any such document and to do all other lawfully permitted
acts to further the prosecution and protection of the Company's Inventions, with the same legal force and effect as if executed by him.

8.4Non-Competition. In furtherance of the goals of the Nondisclosure Agreement set forth
in Paragraph 5.2, Employee agrees that during the Restricted Period, Employee (without the prior written consent of the Company) will not, whether directly or indirectly, alone or in
conjunction with any other person, or whether as a promoter, proprietor, consultant, advisor, partner, joint venturer, member, employee, agent, consultant, independent contractor, director, officer,
manager, or shareholder (except as a shareholder holding less that 1% of a publicly traded company's issued and outstanding capital stock)



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For
purposes of this Agreement:



The
rights afforded the Company and its affiliates under this Section are in addition to any and all rights and remedies otherwise afforded by law.

8.5Nondisparagement: Employee agrees that he will not publish any oral or
written statements about the Company, any of its subsidiaries or affiliates, or any of such entities' officers, employees, agents or representatives that are slanderous, libelous, or defamatory; or
that disclose private or confidential information about the Company, any of its subsidiaries or affiliates, or any of such entities' business affairs, officers, employees, agents, or representatives;
or that constitute an intrusion into the seclusion or private lives of the Company, any of its subsidiaries or affiliates, or any of such entities' officers, employees, agents, or representatives; or
that give rise to unreasonable publicity about the private lives of the Company, any of its subsidiaries or affiliates, or any of such entities' officers, employees, agents, or representatives; or
that place the Company, any of its subsidiaries or affiliates, or any of such entities' officers, employees, agents, or representatives in a false light before the public; or that constitute a
misappropriation of the name or likeness of the Company, any of its subsidiaries or affiliates, or any of such entities' officers, employees, agents, or representatives.

8.6Survival of Protective Covenants. Each covenant on the part of Employee
contained in this Section 5 shall be construed as an agreement independent of any other provision of this Agreement,

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and,
unless otherwise indicated herein, each such covenant shall survive the termination of this Agreement. The existence of any claim or cause of action of Employee against the Company, whether
predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of any such covenant.

8.7Enforcement. Employee agrees that the breach of Employee's obligations
under this Agreement would cause irreparable injury to the Company and that any remedy at law would be inadequate. Employee therefore agrees that, in case of any such breach, in addition to any other
remedies available to the Company, the Company will be entitled (i) to obtain temporary, preliminary, and permanent injunctive relief and other equitable relief, and (ii) seek to recover
from Employee monetary damages arising from such breach and all costs and expenses (including attorneys' fees) incurred by the Company in connection therewith. Employee waives any requirement that
Employee could assert for the securing or posting of any bond in connection with the obtaining of injunctive or other equitable relief.

8.8Intent of Parties. Employee recognizes and agrees that this Agreement is necessary and essential
to protect the businesses of the Company and to realize and derive all the benefits, rights, and expectations of conducting the Company's businesses; that the area and duration of the protective
covenants herein are in all things reasonable, and that good and valuable consideration exists for Employee's agreement to be bound by such protective covenants.

9.Dispute Resolution

9.1Dialogue. In the event of a "Dispute," the parties shall through confidential dialogue and
communication, including, as appropriate, face-to-face personal discussions, attempt to achieve an amicable and mutually satisfactory resolution of such claim, dispute or
controversy. In this regard an officer, as may be designated in writing by the Company, will represent the Company.

9.2Submission to Mediation. Any "Dispute" that cannot be resolved by the parties shall be submitted
to mediation before a mediator selected by the parties. The parties shall bear their own costs for mediation and the costs of the mediator shall be borne equally.

9.3.Submission to Arbitration. If the parties are unable to agree to a mediator within 15 Days or if
the Dispute is not resolved as a result of the mediation within 60 Days (or such other period as may be agreed by the parties), either party may submit the matter to arbitration for final, binding and
exclusive settlement by three arbitrators in accordance with the Commercial Arbitration Rules of the American Arbitration Association in effect on the date of such controversy or claim. Any such
arbitration shall take place in Dallas, Texas and shall be conducted before three arbitrators. The parties hereby submit to the jurisdiction of the courts (federal and state) in Dallas, Texas for the
entering and enforcement of such order confirming the arbitrators' award. The arbitrators shall have all the powers of a Texas court of law and equity, including the power to order specific
performance of this agreement and the production of relevant and unprivileged documents by one party for any inspection and duplication by the other party prior to any hearing. Any arbitration
decision pursuant to this Section 10 shall be final and binding upon the parties and judgment thereon may be entered in any court of competent jurisdiction. An award of costs and fees
(including reasonable attorneys' fees and arbitration fees) incurred by the parties in carrying on any arbitration proceeding hereunder shall be determined by the arbitrators by reference to fault.
Nothing in this Agreement shall limit the right of the parties, before and during such arbitration, to have recourse to such judicial remedies, including preliminary injunction and attachment, as
would be available in the absence of this Section 9. For purposes of this Agreement, the term "Dispute" means any dispute, disagreement, breach,
or difference which arises between or among the parties in connection with or arising out of this Agreement (including, without limitation, any dispute as to the termination or invalidity of this
Agreement or any provision of it).

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10.   Miscellaneous.

10.1   Notices.For purposes of this Agreement, notices and all other communications provided for herein shall be
in writing and shall be deemed to have been duly given when personally delivered or when mailed by United States registered or certified mail, return receipt requested, postage prepaid, addressed as
follows:

| |  | If the Company, to:  |  | Precis, Inc.
2040 North Highway 360
Grand Prairie, Texas 75050
Attention: Nicholas J. Zaffiris,
        Chairman of the Board
| |  | -------------------- |  | -----------------------------------------------------------------------------------------------------------------------------
| |  | With a copy to       |  | Precis, Inc.
2040 North Highway 360
Grand Prairie, Texas 75050
Attention: General Counsel                                    
| |  | If the Employee, to: |  | Coleman Orr
166 Treetop Trail
Arlington, Texas 76015                                                                         

Each
party must furnish a change of address to the other in writing in accordance herewith. Notices of changes of address shall be effective only upon receipt.

10.2   Applicable Law.This Agreement shall be governed in all respects by the laws of the State of Texas,
notwithstanding any conflict-of- law rule or principle that might refer the construction of the Agreement to the laws of another State or country. In the event that any law or
laws of the State of Texas shall require or otherwise dictate that the law of another state or jurisdiction be applied in any proceeding involving this Agreement, such Texas law or laws shall be
superseded by this provision and the remaining laws of the State of Texas shall nonetheless be applied in such proceeding.

10.3   Waiver.No failure by either party hereto at any time to give notice of any breach by the other party of,
or to require compliance with, any condition or provision of this Agreement shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time.
Any term or provision of this Agreement may be waived in writing at any time by a party, if the party is entitled to the benefits thereof. No such waiver shall, unless explicitly stated, be a
continuing waiver. No failure to exercise or delay in exercising any right hereunder shall constitute a waiver thereof. The failure or delay of any party at any time to require performance by another
party of any provision of this Agreement, even if known, shall not affect the right of such party to require performance of that provision or to exercise any right, power or remedy under this
Agreement. Any waiver by any party of any breach of any provision of this Agreement shall not be construed as a waiver of any continuing or succeeding breach of such provision, a waiver of any
continuing or succeeding breach of such right, power or remedy under this Agreement. No notice to or demand on any party in any case shall, of itself, entitle such party to any other or further notice
or demand in similar or other circumstances.

10.4   Effect of Invalid Provisions.It is the desire and intent of the parties that the terms, provisions,
covenants, and remedies contained in this Agreement shall be enforceable to the fullest extent permitted by law. If any such term, provision, covenant, or remedy of this Agreement or the application
thereof to any person, association, or entity or circumstances shall, to any extent, be construed to be invalid or unenforceable in whole or in part, then such term, provision, covenant, or remedy
shall be construed in a manner so as to permit its enforceability under the applicable law to the fullest extent permitted by law. In any case, the remaining provisions of this Agreement or the

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application
thereof to any person, association, or entity or circumstances other than those to which they have been held invalid or unenforceable, shall remain in full force and effect. In the event
any provision of this Agreement may be construed in two or more ways, one of which would render the provision invalid or otherwise voidable or unenforceable and another of which would render the
provision valid and enforceable, such provision shall have the meaning which renders it valid and enforceable.

10.5   Assignment.This Agreement shall be binding upon and inure to the benefit of the Company and any other
person, association, or entity which may hereafter acquire or succeed to all or substantially all of the business or assets of the Company by any means whether direct or indirect, by purchase, merger,
consolidation, or otherwise. The Employee's rights and obligations under this Agreement are personal and such rights, benefits, and obligations of the Employee shall not be voluntarily or
involuntarily assigned, alienated, or transferred, whether by operation of law or otherwise, without the prior written consent of an authorized officer of the Company.

10.6   Entire Agreement.Except as provided in (1) written company policies promulgated by the Company
dealing with issues such as securities trading, business ethics, governmental affairs and political contributions, consulting fees, commissions or other payments, compliance with law, investments and
outside business interests as officers and employees, reporting responsibilities, administrative compliance, and the like, or (2) any signed written agreements contemporaneously or hereafter
executed by the Company and the Employee, this Agreement constitutes the entire agreement of the parties and contains all of the covenants, promises, representations, warranties, and agreements
between the parties with respect to the Employee's employment relationship with the Company and the term and termination of such relationship. Any modification of this Agreement will be effective only
if it is in writing and signed by each party whose rights hereunder are affected thereby.

10.7   Counterparts.This Agreement may be executed in any number of counterparts, each of which shall be deemed
to be an original and all of which together shall be deemed to be a single agreement.

10.8 Headings and Captions; Interpretation.In this Agreement, unless the context otherwise requires, (i) references
to Sections are to Sections of this Agreement; (ii) use of any gender includes the other genders; (iii) any reference to a "Day"
(including the phrase "Business Day) shall mean a period of 24 hours running from midnight to midnight; (iv) a reference to any other
document referred to in this Agreement is a reference to that other document as amended, varied, modified or supplemented at any time; (v) where a word or phrase is given a particular meaning,
other parts of speech and grammatical forms of that word or phrase shall have corresponding meanings; (vi) a reference to this "Agreement" or any
other agreement or document shall be construed as a reference to it as amended, or modified from time to time; and a reference to "Affiliate" or
"Affiliated" means an entity that directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with
the Company. The headings in this Agreement are inserted for convenience only and shall not be taken into consideration in the interpretation or construction of this Agreement.

[Intentionally
Left Blank]

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10.9 Consultation with Independent Counsel.THE EXECUTIVE HAS BEEN ADVISED TO CONSULT WITH AN ATTORNEY OF HIS OR HER CHOICE
PRIOR TO EXECUTING THIS AGREEMENT. The Employee acknowledges that he or she is fully advised as to the meaning and finality of this Agreement and intends to be bound by it.

10.10 Shares in NxGlobal. Employee represents and warrants to the Company that Employee does not hold any shares or other
ownership or membership interest in NxGlobal, LLC, a Delaware limited liability company, or any other company with which the Company does business

IN WITNESS WHEREOF, parties have duly executed this Agreement in multiple originals to be effective on the date first stated above.

|"Company"  |  | PRECIS, INC.
|---------- |  | ------------
|           |  | By:         
|           |  |             
|"Employee" |  | By:         
|           |  |             

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SCHEDULE I

|TO EMPLOYMENT AGREEMENT |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|----------------------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|NAME OF EMPLOYEE:       |  | Coleman Orr                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|EFFECTIVE DATE:         |  | August 1, 2005                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|END DATE:               |  | July 31, 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|COMPENSATION:           |  | Employee's base compensation shall be $150,000 per year (the "Base Salary"), paid in accordance with the Company's payroll policies The Base Salary will be increased as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|                        |  | If the Company recognizes revenue from the sale of its Vergance products in the amount of $10,000,000, from sales made at prices previously approved by the Company, by December 31, 2006, the Base Salary will be increased by $25,000. If any
calendar year thereafter, the Company recognizes an increase in revenue from the sale of its Vergance products in the amount of $10,000,000, from the prior year's revenues, the Base Salary will be increased by an additional $25,000 on January 1
of the following year; provided that the Base Salary will not exceed $250,000 without the prior written consent of the Precis, Inc. Board of Directors.
|INCENTIVE COMPENSATION: |  | Employee will also be entitled to the warrants and incentive stock options as set forth onSchedule IIto this Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

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SCHEDULE II

TO EMPLOYMENT AGREEMENTIncentive Compensation

Within
thirty (30) days of the execution of this Agreement, Employee will be granted warrants to purchase 250,000 shares of the Company's Common Stock at an exercise price $2.00
per share. The warrants will vest and become exercisable on December 31, 2006, so long as this Agreement has not been earlier terminated by either party. A form of the Warrant Agreement is
attached as Exhibit "A" to this Schedule II. The warrants will expire one year from the date of the termination of this Agreement for any reason.

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