Document:

Exhibit 10.53

 

EXECUTION COPY

 

REGISTRATION RIGHTS AGREEMENT

 

This Registration Rights Agreement (this
“Agreement”), is made and entered into as of February 6, 2015, by and between Twinlab Consolidated Holdings,
Inc., a Nevada corporation (the “Company”), and 2014 Huntington Holdings, LLC (“Investor”).

 

WHEREAS, Twinlab Consolidation Corporation
(“TCC”), a wholly-owned subsidiary of the Company, and the Investor are parties to a Securities Purchase Agreement,
dated as of August 1, 2014 (the “Purchase Agreement”), pursuant to which the Investor purchased 1,528,384 shares
of common stock, par value $0.0001 per share, of TCC (“TCC Common Stock”);

 

WHEREAS, the shares of TCC Common Stock
were converted into shares of common stock, par value $0.0001 per share, of the Company pursuant to the Agreement and Plan of Merger,
dated September 4, 2014, by and among Mirror Me, Inc. (now known as the Company), TCC MERGER CO. and TCC, as amended by that certain
First Amendment to Agreement and Plan of Merger dated September 16, 2014;

 

WHEREAS, the Company has assumed the obligations
of TCC under the Purchase Agreement with respect to registration of the shares of Common Stock (as defined below); and

 

WHEREAS, in connection with the consummation
of the transactions contemplated by the Purchase Agreement, and pursuant to the terms of the Purchase Agreement, the parties desire
to enter into this Agreement in order to grant certain registration rights to the Investor as set forth below.

 

NOW, THEREFORE, in consideration of the
foregoing and the mutual and dependent covenants hereinafter set forth, the parties agree as follows:

 

1.          Defined
Terms. As used in this Agreement, the following terms shall have the following meanings:

 

“Affiliate” of a
Person means any other Person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is
under common control with, such Person. The term “control” (including the terms “controlled by” and “under
common control with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the
management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

 

    	 

    	 

    

 

“Agreement” has
the meaning set forth in the preamble.

 

“Board” means the
board of directors of the Company (and any successor governing body of the Company or any successor of the Company).

 

“Business Day” means
a day, other than a Saturday or Sunday, on which banks in New York City are open for the general transaction of business.

 

“Commission” means
the Securities and Exchange Commission or any other federal agency administering the Securities Act and the Exchange Act at the
time.

 

“Common Stock” means
the common stock, par value $0.001 per share, of the Company and any other common equity securities issued by the Company, and
any other shares of stock issued or issuable with respect thereto (whether by way of a stock dividend or stock split or in exchange
for or upon conversion of such shares or otherwise in connection with a combination of shares, distribution, recapitalization,
merger, consolidation or other corporate reorganization).

 

“Company” has the
meaning set forth in the preamble and includes the Company's successors by merger, acquisition, reorganization or otherwise.

 

“Exchange Act” means
the Securities Exchange Act of 1934, as amended, or any successor federal statute, and the rules and regulations thereunder, which
shall be in effect from time to time.

 

“Governmental Authority” means
any federal, state, local or foreign government or political subdivision thereof, or any agency or instrumentality of such government
or political subdivision, or any self-regulated organization or other non-governmental regulatory authority or quasi-governmental
authority (to the extent that the rules, regulations or orders of such organization or authority have the force of law), or any
arbitrator, court or tribunal of competent jurisdiction.

 

“Investor” has the meaning
set forth in the preamble.

 

“Person” means an
individual, corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization,
trust, association or other entity.

 

“Piggyback Registration” has
the meaning set forth in Section 2.(a).

 

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“Prospectus” means
the prospectus or prospectuses included in any Registration Statement, as amended or supplemented by any prospectus supplement
with respect to the terms of the offering of any portion of the Registrable Securities covered by such Registration Statement and
by all other amendments and supplements to the prospectus, including post-effective amendments and all material incorporated by
reference in such prospectus or prospectuses.

 

“Purchase Agreement” has
the meaning set forth in the recitals.

 

“Registrable Securities” means
(a) any shares of Common Stock held by the Investor or issuable upon conversion, exercise or exchange of any securities owned by
the Investor at any time, and (b) any shares of Common Stock issued or issuable with respect to any shares described in subsection
(a) above by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation
or other reorganization (it being understood that for purposes of this Agreement, a Person shall be deemed to be a holder of Registrable
Securities whenever such Person has the right to then acquire or obtain from the Company any Registrable Securities, whether or
not such acquisition has actually been effected). As to any particular Registrable Securities, such securities shall cease to be
Registrable Securities when (i) a Registration Statement covering such securities has been declared effective by the Commission
and such securities have been disposed of pursuant to such effective Registration Statement, (ii) such securities are sold under
circumstances in which all of the applicable conditions of Rule 144 (or any similar provisions then in force) under the Securities
Act are met, (iii) such securities are otherwise transferred and such securities may be resold without subsequent registration
under the Securities Act, or (iv) such securities shall have ceased to be outstanding.

 

“Registration Statement” means
any registration statement of the Company which covers any of the Registrable Securities pursuant to the provisions of this Agreement,
including the Prospectus, amendments and supplements to such Registration Statement, including post-effective amendments, all exhibits
and all materials incorporated by reference in such Registration Statement.

 

“Rule 144” means
Rule 144 promulgated under the Securities Act or any successor rule thereto or any complementary rule thereto (such as Rule 144A).

 

“Securities Act” means
the Securities Act of 1933, as amended, or any successor federal statute, and the rules and regulations thereunder, which shall
be in effect from time to time.

 

“Selling Expenses” means
all underwriting discounts, selling commissions and stock transfer taxes applicable to the sale of Registrable Securities, and
fees and disbursements of counsel for any holder of Registrable Securities, except for the reasonable fees and disbursements of
counsel for the holders of Registrable Securities required to be paid by the Company pursuant to Section 5.

 

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2.          Piggyback
Registration.

 

(a)          Whenever
the Company proposes to register any shares of its Common Stock under the Securities Act for its own account (other than a registration
effected solely to implement an employee benefit plan or a transaction to which Rule 145 of the Securities Act is applicable, or
a Registration Statement on Form S-4, S-8 or any successor form thereto or another form not available for registering the Registrable
Securities for sale to the public), and the form of Registration Statement to be used may be used for any registration of Registrable
Securities (a “Piggyback Registration”), the Company shall give prompt written notice (in any event no later
than 45 days prior to the filing or initial submission of such Registration Statement) to the holders of Registrable Securities
of its intention to effect such a registration and, subject to Section 2.(b) shall include in such registration all Registrable
Securities with respect to which the Company has received written requests for inclusion from the holders of Registrable Securities
within 30 days after the Company's notice has been given to each such holder. The Company may postpone or withdraw the filing or
the effectiveness of a Piggyback Registration at any time in its sole discretion.

 

(b)          If
the managing underwriter advises the Company and the holders of Registrable Securities (if any holders of Registrable Securities
have elected to include Registrable Securities in such Piggyback Registration) in writing that in its opinion the number of shares
of Common Stock proposed to be included in such registration, including all Registrable Securities and all other shares of Common
Stock proposed to be included in such underwritten offering pursuant to registration rights granted by the Company to other holders
of Common Stock, exceeds the number of shares of Common Stock which can be sold in such offering and/or that the number of shares
of Common Stock proposed to be included in any such registration would adversely affect the price per share of the Common Stock
to be sold in such offering, the Company shall include in such registration (i) first, the number of shares of Common Stock that
the Company proposes to sell; and (ii) second, the number of shares of Common Stock requested to be included therein by holders
of Registrable Securities and by such other holders of Common Stock, allocated pro rata among all such holders on the basis of
the number of Registrable Securities and the number of shares of Common Stock (on a fully diluted, as converted basis), as applicable,
owned by all such holders or in such manner as they may otherwise agree.

 

(c)          
The Company shall select the investment banking firm or firms to act as the managing underwriter or underwriters in connection
with such offering.

 

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3.          Lock-up
Agreement. Each holder of Registrable Securities agrees that in connection with any public offering of the Company's Common
Stock or other equity securities, and upon the request of the managing underwriter in such offering, such holder shall not, without
the prior written consent of such managing underwriter, during the period commencing on the pricing of any offering pursuant to
such registration and ending on the date specified by such managing underwriter (such period not to exceed 180 days in the case
of an IPO or 90 days in the case of any registration other than an IPO), (a) offer, pledge, sell, contract to sell, grant any option
or contract to purchase, purchase any option or contract to sell, hedge the beneficial ownership of or otherwise dispose of, directly
or indirectly, any shares of Common Stock or any securities convertible into, exercisable for or exchangeable for shares of Common
Stock (whether such shares or any such securities are then owned by the Holder or are thereafter acquired), or (b) enter into any
swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of such
securities, whether any such transaction described in clause (a) or (b) above is to be settled by delivery of Common Stock or such
other securities, in cash or otherwise. The foregoing provisions of this Section 3 shall not apply to sales of Registrable
Securities to be included in such offering pursuant to Section 2(a) and shall be applicable to the holders of Registrable
Securities only if all officers and directors of the Company and all stockholders owning more than 10% of the Company's outstanding
Common Stock are subject to the same restrictions. Notwithstanding anything to the contrary contained in the foregoing, a holder
of Registrable Securities may during the period set forth above transfer any of the Registrable Securities (i) by gift or (ii)
to family members; provided, however, that any recipient of Registrable Securities pursuant to clauses (i) and (ii)
must agree in writing to be bound by the provisions of this Agreement as a condition of such gift or transfer to family members.
Each holder of Registrable Securities agrees to execute and deliver such other agreements as may be reasonably requested by the
Company or the managing underwriter which are consistent with the foregoing or which are necessary to give further effect thereto.
Notwithstanding anything to the contrary contained in this Section 3, each holder of Registrable Securities shall be released,
pro rata, from any lock-up agreement entered into pursuant to this Section 3 in the event and to the extent that the managing
underwriter or the Company permit any discretionary waiver or termination of the restrictions of any lock-up agreement pertaining
to any officer, director or holder of greater than 10% of the outstanding Common Stock.

 

4.          Registration
Procedures. If and whenever the holders of Registrable Securities request that any Registrable Securities be registered pursuant
to the provisions of this Agreement, the Company shall use its reasonable best efforts to effect the registration and the sale
of such Registrable Securities in accordance with the intended method of disposition thereof, and pursuant thereto the Company
shall as soon as reasonably practicable:

 

(a)          prepare
and file with the Commission a Registration Statement with respect to such Registrable Securities and use its reasonable best efforts
to cause such Registration Statement to become effective;

 

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(b)          prepare
and file with the Commission such amendments, post-effective amendments and supplements to such Registration Statement and the
Prospectus used in connection therewith as may be necessary to keep such Registration Statement effective for a period of not less
than 180 days, or if earlier, until all of such Registrable Securities have been disposed of and to comply with the provisions
of the Securities Act with respect to the disposition of such Registrable Securities in accordance with the intended methods of
disposition set forth in such Registration Statement;

 

(c)          within
a reasonable time before filing such Registration Statement, Prospectus or amendments or supplements thereto, furnish to one counsel
selected by holders of a majority of such Registrable Securities copies of such documents proposed to be filed, which documents
shall be subject to the review, comment and approval of such counsel;

 

(d)          notify
each selling holder of Registrable Securities, promptly after the Company receives notice thereof, of the time when such Registration
Statement has been declared effective or a supplement to any Prospectus forming a part of such Registration Statement has been
filed;

 

(e)          furnish
to each selling holder of Registrable Securities such number of copies of the Prospectus included in such Registration Statement
(including each preliminary Prospectus) and any supplement thereto (in each case including all exhibits and documents incorporated
by reference therein) and such other documents as such seller may reasonably request in order to facilitate the disposition of
the Registrable Securities owned by such seller;

 

(f)          use
its reasonable best efforts to register or qualify such Registrable Securities under such other securities or “blue sky”
laws of such jurisdictions as any selling holder reasonably requests and do any and all other acts and things which may be reasonably
necessary or advisable to enable such holders to consummate the disposition in such jurisdictions of the Registrable Securities
owned by such holders; provided, that the Company shall not be required to qualify generally to do business, subject itself
to general taxation or consent to general service of process in any jurisdiction where it would not otherwise be required to do
so but for this Section 4.(f);

 

(g)          notify
each selling holder of such Registrable Securities, at any time when a Prospectus relating thereto is required to be delivered
under the Securities Act, of the happening of any event as a result of which the Prospectus included in such Registration Statement
contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading, and,
at the request of any such holder, the Company shall prepare a supplement or amendment to such Prospectus so that, as thereafter
delivered to the purchasers of such Registrable Securities, such Prospectus shall not contain an untrue statement of a material
fact or omit to state any fact necessary to make the statements therein not misleading;

 

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(h)          make
available for inspection by any selling holder of Registrable Securities, any underwriter participating in any disposition pursuant
to such Registration Statement and any attorney, accountant or other agent retained by any such holder or underwriter (collectively,
the “Inspectors”), all financial and other records, pertinent corporate documents and properties of the Company
(collectively, the “Records”), and cause the Company's officers, directors and employees to supply all information
reasonably requested by any such Inspector in connection with such Registration Statement;

 

(i)          provide
a transfer agent and registrar (which may be the same entity) for all such Registrable Securities not later than the effective
date of such registration;

 

(j)          use
its reasonable best efforts to cause such Registrable Securities to be listed on each securities exchange on which the Common Stock
is then listed;

 

(k)          in
connection with an underwritten offering, enter into such customary agreements (including underwriting and lock-up agreements in
customary form) and take all such other customary actions as the holders of such Registrable Securities or the managing underwriter
of such offering reasonably request in order to expedite or facilitate the disposition of such Registrable Securities (including,
without limitation, making appropriate officers of the Company available to participate in “road show” and other customary
marketing activities (including one-on-one meetings with prospective purchasers of the Registrable Securities);

 

(l)          otherwise
use its reasonable best efforts to comply with all applicable rules and regulations of the Commission and make available to its
stockholders an earnings statement (in a form that satisfies the provisions of Section 11(a) of the Securities Act and Rule 158
thereunder) no later than 30 days after the end of the 12-month period beginning with the first day of the Company's first full
fiscal quarter after the effective date of such Registration Statement, which earnings statement shall cover said 12-month period,
and which requirement will be deemed to be satisfied if the Company timely files complete and accurate information on Forms 10-Q,
10-K and 8-K under the Exchange Act and otherwise complies with Rule 158 under the Securities Act;

 

(m)          furnish
to each selling holder of Registrable Securities and each underwriter, if any, with (i) a legal opinion of the Company's outside
counsel, dated the effective date of such Registration Statement (and, if such registration includes an underwritten public offering,
dated the date of the closing under the underwriting agreement), in form and substance as is customarily given in opinions of the
Company's counsel to underwriters in underwritten public offerings; and (ii) a “comfort” letter signed by the Company's
independent certified public accountants in form and substance as is customarily given in accountants' letters to underwriters
in underwritten public offerings;

 

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(n)          without
limiting Section 4.(f) above, use its reasonable best efforts to cause such Registrable Securities to be registered with
or approved by such other governmental agencies or authorities as may be necessary by virtue of the business and operations of
the Company to enable the holders of such Registrable Securities to consummate the disposition of such Registrable Securities in
accordance with their intended method of distribution thereof;

 

(o)          notify
the holders of Registrable Securities promptly of any request by the Commission for the amending or supplementing of such Registration
Statement or Prospectus or for additional information;

 

(p)          advise
the holders of Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of any
stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening of any
proceeding for such purpose and promptly use its reasonable best efforts to prevent the issuance of any stop order or to obtain
its withdrawal at the earliest possible moment if such stop order should be issued; and

 

(q)          otherwise
use its reasonable best efforts to take all other steps necessary to effect the registration of such Registrable Securities contemplated
hereby.

 

5.          Expenses.
All expenses (other than Selling Expenses) incurred by the Company in complying with its obligations pursuant to this Agreement
and in connection with the registration and disposition of Registrable Securities, including, without limitation, all registration
and filing fees, underwriting expenses (other than fees, commissions or discounts), expenses of any audits incident to or required
by any such registration, fees and expenses of complying with securities and “blue sky” laws, printing expenses, fees
and expenses of the Company's counsel and accountants and reasonable fees and expenses of one counsel for the holders of Registrable
Securities participating in such registration as a group (selected by the holders of a majority of the Registrable Securities included
in the registration), shall be paid by the Company. All Selling Expenses relating to Registrable Securities registered pursuant
to this Agreement shall be borne and paid by the holders of such Registrable Securities, in proportion to the number of Registrable
Securities registered for each such holder.

 

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6.          Indemnification.

 

(a)          The
Company shall indemnify and hold harmless, to the fullest extent permitted by law, each holder of Registrable Securities, such
holder's officers, directors, managers, members, partners, stockholders and Affiliates, each underwriter, broker or any other Person
acting on behalf of such holder of Registrable Securities and each other Person, if any, who controls any of the foregoing Persons
within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, against all losses, claims, actions,
damages, liabilities and expenses, joint or several, to which any of the foregoing Persons may become subject under the Securities
Act or otherwise, insofar as such losses, claims, actions, damages, liabilities or expenses arise out of or are based upon any
untrue or alleged untrue statement of a material fact contained in any Registration Statement, Prospectus, preliminary Prospectus,
free writing prospectus (as defined in Rule 405 promulgated under the Securities Act) or any amendment thereof or supplement thereto
or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein
not misleading, or any violation or alleged violation by the Company of the Securities Act or any other similar federal or state
securities laws or any rule or regulation promulgated thereunder applicable to the Company and relating to action or inaction required
of the Company in connection with any such registration, qualification or compliance; and shall reimburse such Persons for any
legal or other expenses reasonably incurred by any of them in connection with investigating or defending any such loss, claim,
action, damage or liability, except insofar as the same are caused by or contained in any information furnished in writing to the
Company by such holder expressly for use therein or by such holder's failure to deliver a copy of the Registration Statement, Prospectus,
free-writing prospectus (as defined in Rule 405 promulgated under the Securities Act) or any amendments or supplements thereto
(if the same was required by applicable law to be so delivered) after the Company has furnished such holder with a sufficient number
of copies of the same prior to any written confirmation of the sale of Registrable Securities.

 

(b)          In
connection with any registration in which a holder of Registrable Securities is participating, each such holder shall furnish to
the Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such Registration
Statement or Prospectus and, to the extent permitted by law, shall indemnify and hold harmless, the Company, each director of the
Company, each officer of the Company who shall sign such Registration Statement, each underwriter, broker or other Person acting
on behalf of the holders of Registrable Securities and each Person who controls any of the foregoing Persons within the meaning
of Section 15 of the Securities Act or Section 20 of the Exchange Act against any losses, claims, actions, damages, liabilities
or expenses resulting from any untrue or alleged untrue statement of material fact contained in the Registration Statement, Prospectus,
preliminary Prospectus, free writing prospectus (as defined in Rule 405 promulgated under the Securities Act) or any amendment
thereof or supplement thereto or any omission or alleged omission of a material fact required to be stated therein or necessary
to make the statements therein not misleading, but only to the extent that such untrue statement or omission is contained in any
information or affidavit so furnished in writing by such holder; provided, that the obligation to indemnify shall be several,
not joint and several, for each holder and shall be limited to the net proceeds (after underwriting fees, commissions or discounts)
actually received by such holder from the sale of Registrable Securities pursuant to such Registration Statement.

 

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(c)          Promptly
after receipt by an indemnified party of notice of the commencement of any action involving a claim referred to in this Section
6, such indemnified party shall, if a claim in respect thereof is made against an indemnifying party, give written notice to
the latter of the commencement of such action. The failure of any indemnified party to notify an indemnifying party of any such
action shall not (unless such failure shall have a material adverse effect on the indemnifying party) relieve the indemnifying
party from any liability in respect of such action that it may have to such indemnified party hereunder. In case any such action
is brought against an indemnified party, the indemnifying party shall be entitled to participate in and to assume the defense of
the claims in any such action that are subject or potentially subject to indemnification hereunder, jointly with any other indemnifying
party similarly notified to the extent that it may wish, with counsel reasonably satisfactory to such indemnified party, and after
written notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying
party shall not be responsible for any legal or other expenses subsequently incurred by the indemnified party in connection with
the defense thereof; provided, that if (i) any indemnified party shall have reasonably concluded that there may be one or
more legal or equitable defenses available to such indemnified party which are additional to or conflict with those available to
the indemnifying party, or that such claim or litigation involves or could have an effect upon matters beyond the scope of the
indemnity provided hereunder, or (ii) such action seeks an injunction or equitable relief against any indemnified party or involves
actual or alleged criminal activity, the indemnifying party shall not have the right to assume the defense of such action on behalf
of such indemnified party without such indemnified party's prior written consent (but, without such consent, shall have the right
to participate therein with counsel of its choice) and such indemnifying party shall reimburse such indemnified party and any Person
controlling such indemnified party for that portion of the fees and expenses of any counsel retained by the indemnified party which
is reasonably related to the matters covered by the indemnity provided hereunder. If the indemnifying party is not entitled to,
or elects not to, assume the defense of a claim, it shall not be obligated to pay the fees and expenses of more than one counsel
for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified
party a conflict of interest may exist between such indemnified party and any other of such indemnified parties with respect to
such claim. In such instance, the conflicting indemnified parties shall have a right to retain one separate counsel, chosen by
the holders of a majority of the Registrable Securities included in the registration, at the expense of the indemnifying party.

 

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(d)          If
the indemnification provided for hereunder is held by a court of competent jurisdiction to be unavailable to an indemnified party
with respect to any loss, claim, damage, liability or action referred to herein, then the indemnifying party, in lieu of indemnifying
such indemnified party hereunder, shall contribute to the amounts paid or payable by such indemnified party as a result of such
loss, claim, damage, liability or action in such proportion as is appropriate to reflect the relative fault of the indemnifying
party on the one hand and of the indemnified party on the other in connection with the statements or omissions which resulted in
such loss, claim, damage, liability or action as well as any other relevant equitable considerations; provided, that the
maximum amount of liability in respect of such contribution shall be limited, in the case of each holder of Registrable Securities,
to an amount equal to the net proceeds (after underwriting fees, commissions or discounts) actually received by such seller from
the sale of Registrable Securities effected pursuant to such registration. The relative fault of the indemnifying party and of
the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of
a material fact or the omission or alleged omission to state a material fact relates to information supplied by the indemnifying
party or by the indemnified party and the parties' relative intent, knowledge, access to information and opportunity to correct
or prevent such statement or omission. The parties agree that it would not be just and equitable if contribution pursuant hereto
were determined by pro rata allocation or by any other method or allocation which does not take account of the equitable considerations
referred to herein. No Person guilty or liable of fraudulent misrepresentation shall be entitled to contribution from any Person.

 

7.          Participation
in Underwritten Registrations. No Person may participate in any registration hereunder which is underwritten unless such Person
(a) agrees to sell such Person's securities on the basis provided in any underwriting arrangements approved by the Person or Persons
entitled hereunder to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities,
underwriting agreements and other documents required under the terms of such underwriting arrangements; provided, that no
holder of Registrable Securities included in any underwritten registration shall be required to make any representations or warranties
to the Company or the underwriters (other than representations and warranties regarding such holder, such holder's ownership of
its shares of Common Stock to be sold in the offering and such holder's intended method of distribution) or to undertake any indemnification
obligations to the Company or the underwriters with respect thereto, except as otherwise provided in Section 6.

 

8.          Rule
144 Compliance. With a view to making available to the holders of Registrable Securities the benefits of Rule 144 under the
Securities Act and any other rule or regulation of the Commission that may at any time permit a holder to sell securities of the
Company to the public without registration or pursuant to a registration on Form S-3 (or any successor form), the Company shall:

 

(a)          make
and keep public information available, as those terms are understood and defined in Rule 144 under the Securities Act, at all times
after the effective date of such Registration Statement;

 

(b)          use
reasonable best efforts to file with the Commission in a timely manner all reports and other documents required of the Company
under the Securities Act and the Exchange Act, at any time after the Company has become subject to such reporting requirements;
and

 

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(c)          furnish
to any holder so long as the holder owns Registrable Securities, promptly upon request, a written statement by the Company as to
its compliance with the reporting requirements of Rule 144 under the Securities Act and of the Securities Act and the Exchange
Act, a copy of the most recent annual or quarterly report of the Company, and such other reports and documents so filed or furnished
by the Company as such holder may reasonably request in connection with the sale of Registrable Securities without registration.

 

9.          Preservation
of Rights. The Company shall not (a) grant any registration rights to third parties which are more favorable than or inconsistent
with the rights granted hereunder, or (b) enter into any agreement, take any action, or permit any change to occur, with respect
to its securities that violates or subordinates the rights expressly granted to the holders of Registrable Securities in this Agreement.

 

10.         Termination.
This Agreement shall terminate and be of no further force or effect when there shall no longer be any Registrable Securities outstanding;
provided, that the provisions of Section 5 and Section 6 shall survive any such termination.

 

11.         Notices.
All notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed
to have been given (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent
by a nationally recognized overnight courier (receipt requested); (c) on the date sent by facsimile or e-mail of a PDF document
(with confirmation of transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent
after normal business hours of the recipient or (d) on the fifth day after the date mailed, by certified or registered mail, return
receipt requested, postage prepaid. Such communications must be sent to the respective parties at the addresses indicated below
(or at such other address for a party as shall be specified in a notice given in accordance with this Section 11).

 

	If to the Company:	Twinlab Consolidated Holdings, Inc.
	 	632 Broadway, Suite 201
	 	New York, NY 10012
	 	Facsimile: (212) 505-5413
	 	E-mail:  rneuwirth@twinlab.com
	 	Attention: General Counsel
	 	 
	with a copy to:	Wilk Auslander LLP
	 	1515 Broadway
	 	New York, NY 10036
	 	Facsimile No.: (212) 752-6380
	 	Attention: Joel I. Frank

  

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	If to Investor:	2014 Huntington Holdings, LLC
	 	c/o Wild, Maney & Resnick, LLP
	 	20 Crossways Park North, Suite 412
	 	Woodbury, NY 11797
	 	Facsimile:  (516) 364-3717
	 	 
	with a copy to (which copy shall not constitute notice):	Kramer Levin Naftalis & Frankel LLP
	 	1177 Avenue of the Americas
	 	New York, NY 10036
	 	Facsimile: (212) 715-8000
	 	E-mail: MBrooks@KRAMERLEVIN.com
	 	Attention: Michael T. Brooks

 

12.         Entire
Agreement. This Agreement, together with the Purchase Agreement and any related exhibits and schedules thereto, constitutes
the sole and entire agreement of the parties to this Agreement with respect to the subject matter contained herein, and supersedes
all prior and contemporaneous understandings and agreements, both written and oral, with respect to such subject matter. Notwithstanding
the foregoing, in the event of any conflict between the terms and provisions of this Agreement and those of the Purchase Agreement,
the terms and conditions of this Agreement shall control.

 

13.         Successor
and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective
successors and permitted assigns. The Investor may assign its rights hereunder to any purchaser or transferee of Registrable Securities;
provided, that such purchaser or transferee shall, as a condition to the effectiveness of such assignment, be required to
execute a counterpart to this Agreement agreeing to be treated as the Investor whereupon such purchaser or transferee shall have
the benefits of, and shall be subject to the restrictions contained in, this Agreement as if such purchaser or transferee was originally
included in the definition of the Investor herein and had originally been a party hereto.

 

14.         No
Third-Party Beneficiaries. This Agreement is for the sole benefit of the parties hereto and their respective successors and
permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other Person any legal or equitable
right, benefit or remedy of any nature whatsoever, under or by reason of this Agreement.

 

15.         Headings.
The headings in this Agreement are for reference only and shall not affect the interpretation of this Agreement.

 

    	13

    	 

    

 

16.         Amendment,
Modification and Waiver. The provisions of this Agreement may only be amended, modified, supplemented or waived with the prior
written consent of the Company and the holders of a majority of the Registrable Securities. No waiver by any party or parties shall
operate or be construed as a waiver in respect of any failure, breach or default not expressly identified by such written waiver,
whether of a similar or different character, and whether occurring before or after that waiver. Except as otherwise set forth in
this Agreement, no failure to exercise, or delay in exercising, any right, remedy, power or privilege arising from this Agreement
shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege
hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.

 

17.         Severability.
If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality
or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term
or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal or unenforceable,
the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as
closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally
contemplated to the greatest extent possible.

 

18.         Remedies.
Each holder of Registrable Securities, in addition to being entitled to exercise all rights granted by law, including recovery
of damages, shall be entitled to specific performance of its rights under this Agreement. The Company acknowledges that monetary
damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Agreement
and the Company hereby agrees to waive the defense in any action for specific performance that a remedy at law would be adequate.

 

19.         Governing
Law; Submission to Jurisdiction. This Agreement shall be governed by and construed in accordance with the internal laws of
the State of New York without giving effect to any choice or conflict of law provision or rule (whether of the State of New York
or any other jurisdiction). Any legal suit, action or proceeding arising out of or based upon this Agreement or the transactions
contemplated hereby may be instituted in the federal courts of the United States or the courts of the State of New York in each
case located in the city of New York, and each party irrevocably submits to the exclusive jurisdiction of such courts in any such
suit, action or proceeding. Service of process, summons, notice or other document by mail to such party's address set forth herein
shall be effective service of process for any suit, action or other proceeding brought in any such court. The parties irrevocably
and unconditionally waive any objection to the laying of venue of any suit, action or any proceeding in such courts and irrevocably
waive and agree not to plead or claim in any such court that any such suit, action or proceeding brought in any such court has
been brought in an inconvenient forum.

 

    	14

    	 

    

 

20.         Waiver
of Jury Trial. Each party acknowledges and agrees that any controversy which may arise under this Agreement is likely to involve
complicated and difficult issues and, therefore, each such party irrevocably and unconditionally waives any right it may have to
a trial by jury in respect of any legal action arising out of or relating to this Agreement or the transactions contemplated hereby.
Each party to this Agreement certifies and acknowledges that (a) no representative of any other party has represented, expressly
or otherwise, that such other party would not seek to enforce the foregoing waiver in the event of a legal action, (b) such party
has considered the implications of this waiver, (c) such party makes this waiver voluntarily, and (d) such party has been induced
to enter into this Agreement by, among other things, the mutual waivers and certifications in this Section 20.

 

21.         Counterparts.
This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall be deemed
to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission
shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

 

[SIGNATURE PAGE FOLLOWS]

 

    	15

    	 

    

 

IN WITNESS WHEREOF, the parties hereto have executed this Registration
Rights Agreement on the date first written above.

 

	 	TWINLAB CONSOLIDATED HOLDINGS, INC.
	 	 
	 	By:	/s/ Thomas A. Tolworthy
	 	Name:	Thomas A. Tolworthy
	 	Title:	President and Chief Executive Officer
	 	 	 
	 	2014 HUNTINGTON HOLDINGS, LLC
	 	 	 
	 	By:	/s/ Jonathan Greenhut
	 	Name:	Jonathan Greenhut
	 	Title:	Authorized Signatory

 

    	16Exhibit 10.1

 

FIRST AMENDMENT TO CREDIT AGREEMENT

 

THIS FIRST AMENDMENT TO CREDIT AGREEMENT
(the “First Amendment to Credit Agreement,” or this “Amendment”) is entered into
effective as of November 24, 2014, among SAMSON OIL AND GAS USA, INC., a Colorado corporation (“Borrower”),
and MUTUAL OF OMAHA BANK, as Administrative Agent and L/C Issuer (the “Administrative Agent”), and
the financial institutions executing this Amendment as Lenders.

 

RECITALS

 

A.           Borrower,
the financial institutions signing as Lenders and Administrative Agent are parties to a Credit Agreement dated as of January 27,
2014 (the “Original Credit Agreement”).

 

B.           The
parties desire to amend the Original Credit Agreement as hereinafter provided.

 

NOW, THEREFORE, in consideration of these
premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto agree as follows:

 

1.          Same
Terms. All terms used herein which are defined in the Original Credit Agreement shall have the same meanings when used
herein, unless the context hereof otherwise requires or provides. In addition, (i) all references in the Loan Documents to the
“Agreement” shall mean the Original Credit Agreement, as amended by this Amendment, as the same shall hereafter be amended
from time to time, and (ii) all references in the Loan Documents to the “Loan Documents” shall mean the Loan Documents,
as amended by this Amendment, the Modification Papers, as the same shall hereafter be amended from time to time. In addition,
the following terms have the meanings set forth below:

 

“Effective Date”
means the date when (a) those Lenders comprising the Required Lenders have executed this Amendment, and (b) the conditions set
forth in Section 2 of this Amendment have been complied with to the satisfaction of the Administrative Agent, unless waived
in writing by the Administrative Agent.

 

“Authorization Certificate”:
See Section 2E.

 

“First Amendment to Mortgage”:
See Section 2B.

 

“Guarantor Confirmation Letter”:
See Section 2C.

 

“Modification Papers”
 means this Amendment, the First Amendments to Mortgage, the Guarantor Confirmation Letters, the Security Agreement Confirmation
Letter, the Authorization Certificates, the No Material Adverse Change Certificate, and all of the other documents and agreements
executed in connection with the transactions contemplated by this Amendment.

 

“No Material Adverse Change Certificate”:
See Section 2F.

 

“Security Agreement Confirmation Letter”:
See Section 2D.

 

2.          Conditions
Precedent. The obligations, agreements and waivers of Lenders as set forth in this Amendment are subject to the satisfaction
(in the opinion of Administrative Agent), unless waived in writing by Administrative Agent, of each of the following conditions
(and upon such satisfaction, this Amendment shall be deemed to be effective as of the Effective Date):

 

    	FIRST AMENDMENT TO CREDIT AGREEMENT– Page 1

    	 

    

  

A.           First
Amendment to Credit Agreement. This Amendment shall be in full force and effect.

 

B.           First
Amendment to Mortgage. Borrower shall have executed and delivered to Administrative Agent an amendment to the Oil and
Gas Mortgages (each a “First Amendment to Mortgage”), which shall be in form and substance satisfactory
to Administrative Agent.

 

C.           Guarantor
Confirmation Letters. Each Guarantor shall have executed a letter in favor of Administrative Agent (each a “Guarantor
Confirmation Letter”) confirming that its Guaranty remains in full force and effect.

 

D.           Security
Agreement Confirmation Letter. Borrower shall have executed a letter in favor of Administrative Agent (the “Security
Agreement Confirmation Letter”) confirming that the Security Agreement continues to secure all of the Obligations.

 

E.           Authorization
Certificate. Borrower shall have delivered certificate appropriate Loan Parties (each an “Authorization Certificate”)
satisfactory in form and substance to Administrative Agent authorizing the execution, delivery and performance of the Modification
Papers to which it is a party.

 

F.           Representations
and Warranties. Administrative Agent shall have received a certificate (the “No Material Adverse Change Certificate”)
to the effect that all representations and warranties contained herein or in the other Modification Papers or otherwise made in
writing in connection herewith or therewith shall be true and correct in all material respects (provided that any such representations
or warranties that are, by their terms, already qualified by reference to materiality shall be true and correct without regard
to such materiality standard) with the same force and effect as though such representations and warranties have been made on and
as of the Effective Date, or if made as of a specific date, as of such date.

 

G.           Opinion
of Counsel. There shall have been delivered a favorable opinion of counsel of Borrower and each other Loan Party covering
such matters incident to the Modification Papers as Administrative Agent may reasonably request.

 

H.           Borrowing
Base Increase Fee. Administrative Agent shall have received payment of a fee for the increase of the Borrowing Base described
below in the amount of $35,000.

 

I.           Mortgage
and Title Coverage. (i) Borrower shall have mortgaged to Administrative Agent such additional oil and gas properties so
as to comply with the 80% mortgage coverage requirements required by Section 2.13(a) of the Original Credit Agreement, and (ii)
Borrower shall have provided Administrative Agent with title data acceptable to Administrative Agent so as to comply with the
80% title coverage requirements of Section 2.13(b) of the Original Credit Agreement.

 

J.           Fees
and Expenses. Administrative Agent shall have received payment of all out-of-pocket fees and expenses (including reasonable
attorneys’ fees and expenses) incurred by Administrative Agent in connection with the preparation, negotiation and execution of
the Modification Papers.

 

    	FIRST AMENDMENT TO CREDIT AGREEMENT– Page 2

    	 

    

 

3.          Amendments
to Original Credit Agreement. On the Effective Date, the Original Credit Agreement shall be deemed to be amended as follows:

 

(a)          Clause
(b) of the definition of “Applicable Rate” in Section 1.01 of the Original Credit Agreement shall be amended to read
in its entirety as follows:

 

“(b)       with
respect to Eurodollar Rate Loans and Letters of Credit, 3.25%; and”

 

(b)          Section
8.07 of the Original Credit Agreement shall be amended to read in its entirety as follows:

 

“8.07. Limitation on
General and Administrative Expenses. Permit Borrower’s general and administrative expenses for the operation of all of
its oil and gas properties (either direct or payable to outside operators or agents) as determined in accordance with COPAS accounting
procedures, and all salaries, bonuses, withdrawals, distributions, consulting and professional fees other than expenses of Borrower’s
exploratory staff and other forms of compensation, and all other overhead, to exceed $6,000,000 per calendar year beginning with
the twelve months ended December 31, 2014 (for avoidance of doubt, expenses of Borrower’s exploratory staff are not subject
to this covenant) .”

 

(c)          Schedule
2.01 attached to the original Credit Agreement is hereby replaced with Schedule 2.01 attached to this Amendment.

 

4.          Increase
of Borrowing Base. On the Effective Date, the Borrowing Base is hereby increased from $15,500,000 to $19,000,000. The
Borrowing Base, as adjusted, will remain in effect until next adjusted but pursuant to the provisions of Article IV of
the Original Credit Agreement.

 

5.          Certain
Representations. Borrower represents and warrants that, as of the Effective Date: (a) each Loan Party has full power and
authority to execute the Modification Papers to which it is a party and such Modification Papers constitute the legal, valid and
binding obligation of such Loan Party enforceable in accordance with their terms, except as enforceability may be limited by general
principles of equity and applicable bankruptcy, insolvency, reorganization, moratorium, and other similar laws affecting the enforcement
of creditors’ rights generally; and (b) no authorization, approval, consent or other action by, notice to, or filing with, any
governmental authority or other person is required for the execution, delivery and performance by each Loan Party thereof. In
addition, Borrower represents that after giving effect to this Amendment all representations and warranties contained in the Original
Credit Agreement and the other Loan Documents are true and correct in all material respects (provided that any such representations
or warranties that are, by their terms, are requalified by reference to materiality shall be true and correct without regard to
such materialty standard) on and as of the Effective Date as if made on and as of such date except to the extent that any such
representation or warranty expressly relates solely to an earlier date, in which case such representation or warranty is true
and correct in all material respects (or true and correct without regard to such materiality standard, as applicable) as of such
earlier date.

 

6.          No
Further Amendments. Except as previously amended in writing or as amended hereby, the Original Credit Agreement shall
remain unchanged and all provisions shall remain fully effective between the parties.

 

    	FIRST AMENDMENT TO CREDIT AGREEMENT– Page 3

    	 

    

 

7.          Acknowledgments
and Agreements. Borrower acknowledges that on the date hereof all outstanding Obligations are payable in accordance with
their terms, and Borrower waives any defense, offset, counterclaim or recoupment with respect thereto. Borrower, Administrative
Agent, L/C Issuer and each Lender do hereby adopt, ratify and confirm the Original Credit Agreement, as amended hereby,
and acknowledge and agree that the Original Credit Agreement, as amended hereby, is and remains in full force and effect. Borrower
acknowledges and agrees that its liabilities and obligations under the Original Credit Agreement, as amended hereby, and under
the other Loan Documents, are not impaired in any respect by this Amendment. Any breach of any representations, warranties and
covenants under this Amendment shall be Default or an Event of Default, as applicable, under the Original Credit Agreement.

 

8.          Limitation
on Agreements. The modifications set forth herein are limited precisely as written and shall not be deemed (a) to be a
consent under or a waiver of or an amendment to any other term or condition in the Original Credit Agreement or any of the Loan
Documents, or (b) to prejudice any right or rights that Administrative Agent now has or may have in the future under or in connection
with the Original Credit Agreement and the other Loan Documents, each as amended hereby, or any of the other documents referred
to herein or therein. The Modification Papers shall constitute Loan Documents for all purposes.

 

9.          Confirmation
of Security. Borrower hereby confirms and agrees that all of the Collateral Documents that presently secure the Obligations
shall continue to secure, in the same manner and to the same extent provided therein, the payment and performance of the Obligations
as described in the Original Credit Agreement as modified by this Amendment.

 

10.         Counterparts.
This Amendment may be executed in any number of counterparts, each of which when executed and delivered shall be deemed an original,
but all of which constitute one instrument. In making proof of this Amendment, it shall not be necessary to produce or account
for more than one counterpart thereof signed by each of the parties hereto.

 

11.         Incorporation
of Certain Provisions by Reference. The provisions of Section 11.15 of the Original Credit Agreement captioned “Governing
Law, Jurisdiction; Etc.” and Section 11.16 of the Original Credit Agreement captioned “Waiver of Right to Trial by
Jury” are incorporated herein by reference for all purposes.

 

12.         Entirety,
Etc. This Amendment and the other Modification Papers and all of the other Loan Documents embody the entire agreement
between the parties. THIS AMENDMENT AND ALL OF THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY
NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN
ORAL AGREEMENTS AMONG THE PARTIES.

 

[This space
is left intentionally blank. Signature pages follow.]

 

    	FIRST AMENDMENT TO CREDIT AGREEMENT– Page 4

    	 

    

 

IN WITNESS
WHEREOF, the parties hereto have executed this Amendment to be effective as of the date and year first above written.

 

	 	BORROWER
	 	 
	 	SAMSON
    OIL AND GAS USA, INC.
	 	 
	 	By:
    	/s/
    Terry Barr
	 	 	Terry Barr
	 	 	President, Treasurer and CEO

 

    	FIRST AMENDMENT TO CREDIT AGREEMENT– Signature Page

    	 

    

 

	 	ADMINISTRATIVE
    AGENT
	 	 
	 	MUTUAL
                                         OF OMAHA BANK,

        as
        Administrative Agent

	 	 	 
	 	By:
    	/s/
    Edward M. Fenk
	 	 	Edward M. Fenk
	 	 	Manager, Energy
    Lending
	 	 	 
	 	LENDER
	 	 
	 	MUTUAL
    OF OMAHA BANK
	 	 	 
	 	By:
    	/s/
    Edward M. Fenk
	 	 	Edward M. Fenk
	 	 	Manager, Energy
    Lending

 

    	FIRST AMENDMENT TO CREDIT AGREEMENT– Signature Page

    	 

    

  

SCHEDULE 2.01

 

APPLICABLE PERCENTAGES, MAXIMUM CREDIT
AMOUNTS,

and ALLOCATIONS OF INITIAL BORROWING
BASE

 

	 	 	Applicable	 	 	Maximum Credit	 	 	Allocation of	 
	Lender	 	Percentage	 	 	Amount	 	 	Borrowing Base	 
	 	 	 	 	 	 	 	 	 	 
	Mutual of Omaha Bank	 	 	100.000000000	%	 	$	50,000,000	 	 	$	19,000,000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total	 	 	100.000000000	%	 	$	50,000,000	 	 	$	19,000,000	 

 

    	SCHEDULE 2.01 – Solo Page

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