DEBENTURE MODIFICATION AND EXTENSION AGREEMENT

DEBENTURE MODIFICATION

AND 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 ____________ and dated _______, 2008, a copy of which is 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 totaling $2,450,000;

WHEREAS, the Company desires to extend the term of payment for this Debenture for an additional ninety (90) days along with the majority of the other Bridge Loan Financing debentures; and

WHEREAS, the Company shall have the power to not extend the debenture be