ENABLE HOLDINGS, INC. COMMON STOCK PURCHASE WARRANTSecurity Agreement • May 4th, 2009 • Enable Holdings, Inc. • Retail-catalog & mail-order houses • Illinois
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, (the “Holder”) is entitled, upon the terms and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the ten year anniversary of the date hereof (the “Termination Date”) but not thereafter, to subscribe for and purchase Enable Holdings, Inc., a Delaware corporation (the “Company”), up to shares (the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 1(b).
SECURITY AGREEMENTSecurity Agreement • May 4th, 2009 • Enable Holdings, Inc. • Retail-catalog & mail-order houses • Illinois
This SECURITY AGREEMENT, dated as of April 29, 2009 (this “Agreement”), is among Enable Holdings, Inc., a Delaware corporation (the “Company”), all of the Subsidiaries of the Company (such subsidiaries, the “Guarantors “ and together with the Company, the “Debtors”) and the holders of the Company’s 12% Senior Secured Debentures due October 29, 2011 and issued in the original aggregate Principal Amount of up to $7,500,000 (collectively, the “Debentures”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).
