On July 29, 2009, Escalade, Incorporated ("Escalade") and each of its domestic subsidiaries (collectively with Escalade, the "Company") entered into a First Amendment to Escalade's Credit Agreement with its issuing bank, JPMorgan Chase Bank, N.A. ("Chase"). Under the original terms of the Credit Agreement, certain post-closing actions were anticipated to be completed on or before July 31, 2009. Escalade and Chase have agreed in the First Amendment to extend such completion date until September 30, 2009. All other terms of the Credit Agreement remain in effect and are unchanged. The entire text of the First Amendment dated as of July 29, 2009 to Credit Agreement is attached hereto as Exhibit 10.1.

(d) Exhibits

            Exhibit     Description

            10.1        First Amendment dated as of July 29, 2009 to Credit
                        Agreement by and between Escalade, Incorporated and
                        JPMorgan Chase Bank, N.A.