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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


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