Exhibit
10.1
DEBENTURE
MODIFICATION
AND FOURTH 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, April 10, 2009 and July 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 ($2,450,000) (the “Bridge Loan Fina