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This is a comment, but it is a bit too long, so I will post it as an answer. At best, this is the restatement of the obvious proof strategy.

Let $A$ be an annulus, and let $\Gamma_1$ be the family of curves homotopic to the generator of the fundamental group of the annulus.
From the definition,

$$Mod(A)^{-1} = {\rm Ext}(\Gamma_1) = \sup_{\rho} \sup_{\gamma inf_{\gamma \in \Gamma_1} \frac{\ell_\rho(\gamma)^2}{{\rm Area}_\rho(A)}$$,

where the supremum is over the metrics in the conformal class of $A$. This means that if you do the calculation for a specific metric $\rho$, you get a lower bound for ${\rm Ext}(\Gamma_1)$ which gives you an upper bound for ${\rm Mod(A)}$. The picture you draw is suggestive for the possible choices of $\rho$.

To get lower bounds, one way is to use the identity

$$Mod(A) = {\rm Ext}(\Gamma_2) = \sup_{\rho} \sup_{\gamma inf_{\gamma \in \Gamma_2} \frac{\ell_\rho(\gamma)^2}{{\rm Area}_\rho(A)}$$,

where $\Gamma_2$ is the family of curves connecting the boundaries of the annulus. Now doing the calculation for a specific $\rho$ gives you a lower bound for ${\rm Mod(A)}$.

Perhaps by choosing the metrics to some interpolated versions of the flat metrics on the rectangles you can get reasonable upper and lower bounds.

show/hide this revision's text 1

This is a comment, but it is a bit too long, so I will post it as an answer. At best, this is the restatement of the obvious proof strategy.

Let $A$ be an annulus, and let $\Gamma_1$ be the family of curves homotopic to the generator of the fundamental group of the annulus.
From the definition,

$$Mod(A)^{-1} = {\rm Ext}(\Gamma_1) = \sup_{\rho} \sup_{\gamma \in \Gamma_1} \frac{\ell_\rho(\gamma)^2}{{\rm Area}_\rho(A)}$$,

where the supremum is over the metrics in the conformal class of $A$. This means that if you do the calculation for a specific metric $\rho$, you get a lower bound for ${\rm Ext}(\Gamma_1)$ which gives you an upper bound for ${\rm Mod(A)}$. The picture you draw is suggestive for the possible choices of $\rho$.

To get lower bounds, one way is to use the identity

$$Mod(A) = {\rm Ext}(\Gamma_2) = \sup_{\rho} \sup_{\gamma \in \Gamma_2} \frac{\ell_\rho(\gamma)^2}{{\rm Area}_\rho(A)}$$,

where $\Gamma_2$ is the family of curves connecting the boundaries of the annulus. Now doing the calculation for a specific $\rho$ gives you a lower bound for ${\rm Mod(A)}$.

Perhaps by choosing the metrics to some interpolated versions of the flat metrics on the rectangles you can get reasonable upper and lower bounds.