Exhibit 10.7 WAIVER AND SUBORDINATION AGREEMENT This Waiver and Subordination Agreement ("Waiver"), dated as of March 23, 2005, is entered into by and between INCENTRA SOLUTIONS, INC., a Nevada corporation (the "Company") and LAURUS MASTER FUND, LTD.,...Waiver and Subordination Agreement • April 4th, 2005 • Incentra Solutions, Inc. • Services-business services, nec • New York
