Exhibit 10.1

DEBENTURE MODIFICATION

AND THIRD EXTENSION AGREEMENT

THIS AGREEMENT is by and between Enable Holdings, Inc. (hereinafter referred to as “Company”), and ________ (hereinafter referred to as the “Holder”), and shall have an effective date as of the date it is fully executed by all of the parties hereto.

WITNESSETH:

WHEREAS, Company previously executed a Debenture in an original principal amount of _____________ originally dated October 31, 2008 as extended on January 15, 2009 and April 14, 2009, copies of which are attached hereto as Exhibit A. (hereinafter referred to as the “Debenture”); and

WHEREAS, the Debenture was a part of a bridge loan financing between the Company, the Holder and several other lenders with an aggregate principal balance currently totaling Two Million Four Hundred Fifty Thousand ($2,450,