Neuromodulatory receptors in presynaptic position have the ability to suppress synaptic transmission for seconds to minutes when fully engaged. This effectively alters the synaptic strength of a connection. Much work on neuromodulation has rested on the assumption that these effects are uniform at every neuron. However, there is considerable evidence to suggest that presynaptic regulation may be in effect synapse-specific. This would define a second "weight modulation" matrix, which reflects presynaptic receptor efficacy at a given site. Here we explore functional consequences of this hypothesis. By analyzing and comparing the weight matrices of networks trained on different aspects of a task, we identify the potential for a low complexity "modulation matrix", which allows to switch between differently trained subtasks while retaining general performance characteristics for the task. This means that a given network can adapt itself to different task demands by regul...