Document:

Exhibit
4.6

 

THIS
WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
OR APPLICABLE STATE SECURITIES LAWS. THIS WARRANT AND SUCH UNDERLYING SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH
A VIEW TO DISTRIBUTION OR RESALE, AND MAY NOT BE OFFERED, SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND ANY APPLICABLE STATE SECURITIES LAWS, OR THE AVAILABILITY
OF AN EXEMPTION FROM THE REGISTRATION PROVISIONS OF THE SECURITIES ACT OF 1933, AS AMENDED, AND APPLICABLE STATE SECURITIES LAWS.

 

SYNERGY
CHC CORP.

 

COMMON
STOCK WARRANT

 

This
common stock Warrant (the “Warrant”) is issued as of the 17th day of December 2015, by Synergy
CHC Corp., a Nevada corporation (the “Company”), to URX Acquisition Trust, or permitted assigns (the
“Holder”).

 

1.Issuance
of Warrant; Term; Price.

 

1.1.Issuance.
The Company hereby grants to Holder the right to purchase up to One Million (1,000,000) shares of the Company’s common stock
(“Common Stock”), subject to the terms and conditions set forth herein. The shares of Common Stock or
other securities for which this Warrant may be exercisable from time to time shall be referred to herein as the “Warrant
Stock”. The shares of Warrant Stock issuable upon exercise of this Warrant is hereinafter referred to as the “Shares.”

 

1.2.Term.
Subject to early termination pursuant to Section 11 below, this Warrant shall be exercisable at any time from and after
the date hereof and from time to time thereafter in whole or in part until the date that is three (3) years from the original
issue date of this Warrant; provided that no exercise will be permitted until such time as the Holder has satisfied its obligation
to surrender Three Million (3,000,000) shares of Common Stock to the Company.

 

1.3.Exercise
Price. Subject to adjustment as hereinafter provided, the exercise price (the “Warrant Price”) per
Share for which all or any of the Shares may be purchased pursuant to the terms of this Warrant shall be equal to $5.00.

 

1.4.Net
Exercise. Notwithstanding any provisions herein to the contrary, in lieu of exercising this Warrant for cash, if the fair
market value of one share of the Common Stock is greater than the Warrant Price (at the date of calculation set forth below),
in lieu of exercising this Warrant by payment of cash, the Holder may elect to receive equal to the value (as determined below)
of this Warrant by surrender of this Warrant (or the portion thereof being canceled) together with the delivery of a written notice
of exercise, duly executed, at the principal office of the Company, in which event the Company shall issue to the Holders a number
of shares of Common Stock computed using the following formula: 

 

X
= Y(A – B)

       A

 

	Where	X
    =	 the number of shares of Common Stock to be issued to the Holder;

 

    	 

    	 

    

 

	 	Y =	the number of shares of Common Stock purchasable under the Warrant or, if any a portion of the Warrant is being exercised, the portion of the Warrant being canceled (at the date of such calculation);
	 	 	 
	 	A =	the fair market value of one share of the Common Stock (at the date of such calculation), based on the closing sale price of the Common Stock on the Over-the-Counter Bulletin Board (the “OTCBB”) or on a national securities exchange; and
	 	 	 
	 	B =	the Warrant Price (as adjusted to the date
of such calculation).

 

2.Adjustment
of Warrant Price, Number and Kind of Shares. The Warrant Price and the number and kind of securities issuable upon the exercise
of this Warrant shall be subject to adjustment from time to time as follows.

 

2.1.Dividends
in Stock Adjustment. In case at any time or from time to time on or after the date hereof and while this Warrant is outstanding
and unexpired, the holders of any shares of Common Stock or other securities at the time receivable upon the exercise of this
Warrant shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have
become entitled to receive, without payment therefor, other or additional securities or other property (other than cash) of the
Company by way of dividend or distribution, then and in each case, the holder of this Warrant shall, upon the exercise hereof,
be entitled to receive, in addition to the number of shares of Warrant Stock receivable thereupon, and without payment of any
additional consideration therefor, the amount of such other or additional securities or other property (other than cash) of the
Company which such holder would have been entitled to receive if it had exercised this Warrant on the date hereof and thereafter,
during the period from the date hereof to and including the date of such exercise, retained such Shares and/or all other additional
securities or other property receivable by it as aforesaid during such period, giving effect to all adjustments called for during
such period by this Section 2.

 

2.2.Stock
Splits and Reverse Stock Splits. In the event of changes in the outstanding Common Stock by reason of stock dividends, stock
splits, reverse stock splits, split-ups, recapitalizations, reclassifications, combinations or exchanges of shares, separations,
reorganizations, liquidations, or the like, the number and class of shares available under the Warrant in the aggregate and the
Warrant Price shall be correspondingly adjusted to give the Holder of the Warrant, on exercise for the same aggregate Warrant
Price, the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the
event and had the Holder continued to hold such shares until after the event requiring adjustment. The form of this Warrant need
not be changed because of any adjustment in the number, class, and kind of shares subject to this Warrant. The Company shall provide
a certificate from an authorized officer notifying the Holder in writing of any adjustment in the Warrant Price and/or the total
number, class, and kind of shares issuable upon exercise of this Warrant, which certificate shall specify the Warrant Price and
number, class and kind of shares under this Warrant after giving effect to such adjustment.

 

2.3.Other
Impairment. The Company will not, by amendment of its Certificate of Incorporation or Bylaws or through any reorganization,
transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek
to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the
carrying out of all such terms and conditions and in the taking of all such action as may be necessary or appropriate in order
to protect the rights of the Holder against impairment.

 

    	2

    	 

    

 

3.No
Fractional Shares. No fractional shares of Warrant Stock will be issued in connection with any subscription hereunder. In
lieu of any fractional shares that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction
multiplied by the fair market value of one share of Warrant Stock on the date of exercise, as determined in good faith by the
Company’s Board of Directors.

 

4.No
Stockholder Rights. This Warrant as such shall not entitle its holder to any of the rights of a stockholder of the Company
until the holder has exercised this Warrant in accordance with Section 6.

 

5.Reservation
of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized
and unissued Warrant Stock a sufficient number of shares to provide for the issuance of Warrant Stock upon the exercise of this
Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged
with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Warrant Stock upon
the exercise of this Warrant.

 

6.Exercise
of Warrant. This Warrant may be exercised by Holder per Section 1.4 or by the surrender of this Warrant at the principal
office of the Company, accompanied by payment in full of the purchase price of the shares purchased by (a) wire transfer, (b)
a check or checks made payable to the order of the Company, or (c) with the consent of the Company, cancellation of debt or other
amounts owed to the Holder by the Company and accompanied by payment in full of the applicable aggregate Warrant Price in cash
or by check with respect to the Warrant Stock being purchased. Prior to exercise of the Warrant, the Holder shall notify the Company
of its desire to exercise the Warrant. This Warrant shall be deemed to have been exercised immediately prior to the close of business
on the date of its surrender for exercise as provided above, and the person or entity entitled to receive the Warrant Stock issuable
upon such exercise shall be treated for all purposes as holder of such shares of record as of the close of business on such date.

 

7.Certificate
of Adjustment. Whenever the Warrant Price or number or type of securities issuable upon exercise of this Warrant is adjusted,
as herein provided, the Company shall promptly deliver to the record holder of this Warrant a certificate of an officer of the
Company setting forth the nature of such adjustment and a brief statement of the facts requiring such adjustment.

 

8.Notice
of Proposed Transfers. This Warrant is transferable by the Holder hereof subject to compliance with this Section 8.
Prior to any proposed transfer of this Warrant or the shares of Warrant Stock received on the exercise of this Warrant (the “Securities”),
unless there is in effect a registration statement under the Securities Act, covering the proposed transfer, the Holder thereof
shall give written notice to the Company of such Holder’s intention to effect such transfer. Each such notice shall describe
the manner and circumstances of the proposed transfer in sufficient detail, and shall, if the Company so requests, be accompanied
(except in transactions in compliance with Rule 144) by either (a) an unqualified written opinion of legal counsel who shall be
reasonably satisfactory to the Company addressed to the Company and reasonably satisfactory in form and substance to the Company’s
counsel, to the effect that the proposed transfer of the Securities may be effected without registration under the Securities
Act and any applicable state securities laws, or (b) a “no action” letter from the Securities and Exchange Commission
(the “Commission”) to the effect that the transfer of such Securities without registration will not
result in a recommendation by the staff of the Commission that action be taken with respect thereto, whereupon the Holder of the
Securities shall be entitled to transfer the Securities in accordance with the terms of the notice delivered by the Holder to
the Company; provided, however, no such registration statement, opinion of counsel or no action letter shall be
necessary for a transfer by a Holder to any affiliate of such Holder, or a transfer by a Holder which is a partnership to a partner
of such partnership or a retired partner of such partnership who retires after the date hereof, or to the estate of any such partner
or retired partner or the transfer by gift, will or intestate succession of any partner to his spouse or lineal descendants or
ancestors, if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were
the original Holder hereunder. Each certificate evidencing the Securities transferred as above provided shall bear an appropriate
restrictive legend, except that such certificate shall not bear such restrictive legend if in the opinion of counsel for the Company
such legend is not required in order to establish compliance with any provisions of the Securities Act.

 

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9.Legend.
Each certificate evidencing the Warrant Stock issued upon exercise of this Warrant, or transfer of such Warrant Stock (other than
a transfer registered under the Securities Act or any subsequent transfer of shares so registered), shall be stamped or imprinted
with a legend substantially in the following form (in addition to any legend required by applicable state securities laws):

 

THE
SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE
SECURITIES LAWS. THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION OR RESALE. THE SHARES MAY NOT
BE SOLD, MORTGAGED, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, AND ANY APPLICABLE STATE SECURITIES LAWS, OR THE AVAILABILITY OF AN EXEMPTION FROM THE REGISTRATION PROVISIONS
OF THE SECURITIES ACT OF 1933, AS AMENDED, AND APPLICABLE STATE SECURITIES LAWS.

 

10.Investment
Representations. The Holder represents that (a) it has such knowledge and experience in financial and business matters that
it is capable of evaluating the merits and risks of the purchase of this Warrant and the Warrant Stock purchasable pursuant to
the terms of this Warrant and of protecting its interests in connection therewith, (b) it is an “accredited investor”
within the meaning of Rule 501 or Regulation D promulgated under the Act, and (c) it is able to bear the economic risk of the
purchase of the Warrant and the Warrant Stock pursuant to the terms of this Warrant.

 

11.Early
Termination; Redemption.

 

11.1Early
Termination. In the event of, at any time prior to termination of this Warrant pursuant to Section 1.2, (a) any capital
reorganization or any reclassification of the capital stock of the Company (other than a change in par value or from par value
to no par value or no par value to par value or as a result of a stock dividend or subdivision, split-up or combination of shares),
(b) a merger or consolidation of the Company with or into another corporation (other than a merger solely to effect a reincorporation
of the Company into another state), or (c) a sale, transfer or other disposition of all or substantially all of the Company’s
properties and assets as, or substantially as, an entirety to any other person, then, the Company shall provide to the Holder
twenty (20) days advance written notice of such reorganization, reclassification, consolidation, merger or sale or other disposition
of the Company’s assets, and this Warrant shall terminate unless exercised prior to the date of such reorganization, reclassification,
consolidation, merger or sale or other disposition of the Company’s assets.

 

11.2Redemption.
This Warrant may be redeemed at the option of the Company, at any time after the date the Common Stock is traded on the OTCBB
or on a national securities exchange, following a period of ninety (90) consecutive calendar days in which the per share closing
sale price of the Common Stock equals or exceeds the Exercise Price, on notice as set forth in Section 11.3 hereof, and
at a redemption price equal to $0.001 (the “Redemption Price”) for each Warrant Share purchasable under this
Warrant. For purposes of this Section, the closing sale price of the Common Stock shall be determined by the closing price as
reported by the OTCBB so long as the Common Stock is quoted on the OTCBB, and if the Common Stock is hereafter listed or quoted
on a national securities exchange, shall be determined by the last reported sale price on the primary exchange or market on which
the Common Stock is traded.

 

    	4

    	 

    

 

11.3Notice
of Redemption. In the case of any redemption of this Warrant, the Company shall give notice of such redemption to the Holder
hereof as provided in this Section 11.3. Notice of redemption to the Holder of this Warrant shall be given in person, by
recognized overnight courier, or mailed by certified or registered mail, return receipt requested, to the Holder’s last
address of record with the Company not less than ten (10) days prior to the date fixed for redemption. Any notice which is given
in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the Holder receives the notice.
Each such notice shall specify the date fixed for redemption, the place of redemption and the aggregate Redemption Price, and
shall state that payment of the Redemption Price will be made upon surrender of this Warrant at such place of redemption, and
that if not exercised by the close of business on the date fixed for redemption, the exercise rights of the Warrant shall expire
unless extended by the Company. Such notice shall also state the current Exercise Price and the date on which the right to exercise
the Warrant will expire unless extended by the Company.

 

11.4Payment
of Redemption Price. If notice of redemption shall have been given as provided in Section 11.3, the Redemption Price
shall, unless the Warrant is theretofore exercised pursuant to the terms hereof, become due and payable on the date and at the
place stated in such notice. On and after such date of redemption, the exercise rights of this Warrant shall expire and this Warrant
shall be null and void on presentation and surrender of this Warrant at such place of payment in such notice specified, this Warrant
shall be paid and redeemed at the Redemption Price per Warrant Share within ten (10) days thereafter.

 

12.Replacement
of Warrant. Upon receipt by the Company of evidence reasonably satisfactory to the Company of the loss, theft, destruction
or mutilation of the Warrant, and in the case of any such loss, theft or destruction of the Warrant, on delivery of an indemnity
agreement or security reasonably satisfactory in form and amount to the Company, and reimbursement to the Company of all reasonable
expenses incidental thereto, and upon surrender and cancellation of the Warrant if mutilated, the Company will execute and deliver,
in lieu thereof, a new Warrant of like tenor.

 

13.Notice
of Dividends and Distributions. For so long as any part of this Warrant remains outstanding and unexercised, the Company will,
upon the declaration of a cash dividend upon its Common Stock or other distribution to the Holders of its Common Stock and at
least ten (10) days prior to the record date, notify the Holder hereof of such declaration, which notice will contain, at a minimum,
the following information: (a) the date of the declaration of the dividend or distribution; (b) the amount of such dividend or
distribution; (c) the record date of such dividend or distribution; and (d) the payment date or distribution date of such dividend
or distribution.

 

14.Taxes.
The Company shall pay all issue taxes and other governmental charges (but not including any income taxes of the Holder) that may
be imposed in respect of the issuance or delivery of the Shares or any portion thereof.

 

15.Miscellaneous.
This Warrant shall be construed in accordance with the laws of the State of Delaware, without regard to its conflicts of laws
or choice of law provisions. The parties agree that service of process upon them in any such action may be made if delivered in
person, by courier service, or by first class mail, and shall be deemed effectively given upon receipt. The headings in this Warrant
are for purposes of convenience of reference only, and shall not be deemed to constitute a part hereof. The invalidity or unenforceability
of any provision hereof shall in no way affect the validity or enforceability of any other provisions. 

 

    	5

    	 

    

 

16.Amendment;
Waiver. Any term of this Warrant may be amended or waived only with the written consent of the Company and the Holder. Any
amendment or waiver effected in accordance with this Section 16 shall be binding upon the Holder, each future holder of
this Warrant, and the Company.

 

17.Facsimile
Signature. This Warrant may be executed in facsimile or other electronic form and upon receipt by the Holder of a faxed or
other electronic executed copy of this Warrant, this Warrant shall be binding upon and enforceable against the Company in accordance
with its terms. The Company shall promptly forward to the Holder an original of the copy of this Warrant previously delivered
to Holder.

 

18.Notices.
Any notice or other communication given hereunder shall be deemed sufficient if in writing and sent by registered or certified
mail return receipt requested, sent by reputable overnight courier service (charges prepaid) or delivered by hand against written
receipt therefor, addressed as follows:

 

if
to the Company, to it at:

 

Synergy
CHC Corp.

865 Spring
Street

Westbrook,
ME 04092

Attn: Jack
Ross, CEO

 

With a copy
to:

 

Wyrick
Robbins Yates & Ponton LLP

4101
Lake Boone Trail, Suite 300

Raleigh,
NC 27607-7506

Facsimile:
(919) 781-4865

Attn:
W. David Mannheim, Esq.

 

if to the
Holder, to the Holder’s address indicated on the signature page of this Agreement.

 

Notices
shall be deemed to have been given or delivered on the date of mailing, except notices of change of address, which shall be deemed
to have been given or delivered when received.

 

[Remainder
of Page Intentionally Left Blank]

 

    	6

    	 

    

 

IN
WITNESS WHEREOF, the undersigned have executed this Common Stock Warrant as of the date first above written.

 

	 	SYNERGY CHC CORP.
	 	 	 
	 	By:
    	/s/
    Jack Ross
	 	Name:	Jack
    Ross
	 	Title:	CEO

 

Acknowledged
and accepted:

 

HOLDER

 

URX ACQUISITION
TRUST,

on its
own behalf and as representative of the Shareholders

 

	KMJZ
    Investments, L.L.C., Voting Trustee	 
	 	 	 
	By:	/s/
    Scott Peppett	 
	Name:	Scott
    Peppett	 
	Title:	Authorized
    Representative	 
	 	 	 
	Arbicha
    Invesments, L.L.C., Voting Trustee	 
	By
    Arbicha, LLC, Sole Member	 
	 	 	 
	By:	/s/
    Randall Kaplan	 
	Name:	Randall
    Kaplan	 
	Title:	Manager	 
	 	 	 
	Casa
    Vicente, LLC, Voting Trustee	 
	 	 	 
	By:	/s/
    David Leyrer	 
	Name:	David
    Leyrer	 
	Title:	Manager	 
	 	 	 
	URX
    Acquisition Trustee, LLC	 
	 	 	 
	By:	/s/
    Michael Valentino	 
	Name:	Michael
    Valentino	 
	Title:	Sole
    Member	 

 

[SIGNATURE PAGE TO WARRANT]Exhibit
10.18

 

Settlement
and Release AGREEMENT

 

This
Settlement and Release Agreement (“Agreement”) by and between Synergy CHC Corp., a Nevada corporation
(“Releasor”), the former shareholders (the “Shareholders”) of Breakthrough
Products, Inc., a Delaware corporation (the “Company”), URX ACQUISITION TRUST, a Delaware statutory
trust (the “Trust”), on its own behalf and as the representative of the Shareholders, David T. Leyrer
(“Leyrer”), Michael Valentino (“Valentino”), Ron Fugate (“Fugate”),
and Randall Kaplan (“Kaplan”, and collectively with Leyrer, Valentino, Fugate, the “Former
Directors”) is dated and effective as of the 17th day of December, 2015.

 

WHEREAS,
the Company, the Trust, Jordan Eisenberg, the former chief executive officer of the Company and a Shareholder, the Shareholders
and Releasor are parties to that certain Stock Purchase Agreement (the “SPA”) dated November 12, 2015
(capitalized terms used herein but not otherwise defined have the meaning ascribed to them in the SPA);

 

WHEREAS,
pursuant to the terms of the SPA, Releasor acquired all outstanding shares of capital stock of the Company (the “Transaction”);

 

WHEREAS,
pursuant to the terms of the SPA, the Shareholders, the Company and the Trust made certain representations and warranties to Releasor
regarding, among other things, the financial condition of the Company and the Company’s outstanding liabilities and obligations
to third parties;

 

WHEREAS,
following the Transaction, Releasor discovered certain irregularities in the financial information of the Company as well as conflicting
information regarding the Company’s liabilities and obligations to third parties from what was previously provided by the
Company;

 

WHEREAS,
Releasor made a claim for indemnification against the Shareholders and the Trust pursuant to Section 8 of the SPA (the “Claim”);

 

WHEREAS,
Releasor and the Trust, on its own behalf and on behalf of the Shareholders, have reached an agreement to resolve the Claim to
the mutual satisfaction of all parties and wish to document such settlement in this Agreement.

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties hereto hereby agree as follows:

 

1.Settlement
Payments.

 

	 	a.	The
    Trust will return Three Million (3,000,000) shares of Releasor’s common stock to Releasor. Upon execution of this Agreement,
    the Trust will return the certificate representing the Equity Consideration to Releasor’s transfer agent, VStock Transfer,
    with instructions to transfer Three Million (3,000,000) shares to Releasor and return a new certificate to the Trust for the
    balance of Three Million (3,000,000) shares of Releasor’s common stock.

 

    	1

    	 

    

 

	 	b.	The
    time period under which Royalty Consideration is payable to the Trust by Releasor under the SPA is reduced from seven (7)
    years to five (5) years.
	 	 	 
	 	c.	Releasor
    will issue a warrant in the form of Exhibit A to the Trust.

 

2.Releases.

 

	 	a.	Release
    of the Trust and Shareholders by Releasor. Except as set forth in Section 3 of this Agreement, in exchange for
    the payments outlined above, Releasor, on its own behalf and on behalf of its Affiliates, directors, officers, managers, employees,
    agents, representatives, successors, and assigns, forever releases and discharges the Trust and its trustees, the Shareholders
    and their respective agents, representatives, successors, and assigns from any and all claims, demands, and causes of action
    of every kind and nature, whether known or unknown, direct or indirect, accrued, contingent or potential, which Releasor ever
    had or now has and which arose from the beginning of time until the date of this Agreement.
	 	 	 
	 	b.	Release
    of the former Directors of the Company by Releasor. Except as set forth in Section 3 of this Agreement, in exchange
    for the payments outlined above, Releasor, on its own behalf and on behalf of its Affiliates, directors, officers, managers,
    employees, agents, representatives, successors, and assigns, forever releases and discharges the Former Directors and their
    agents, representatives, heirs and assigns from any and all claims, demands, and causes of action of every kind and nature,
    whether known or unknown, direct or indirect, accrued, contingent or potential, which Releasor ever had or now has and which
    arose from the beginning of time until the date of this Agreement.
	 	 	 
	 	c.	Release
    of Releasor by the Trust and the Former Directors. Except as set forth in Section 3 of this Agreement, in
    exchange for the payments outlined above, the Trust, on its own behalf and as the representative of the Shareholders, its
    trustees, agents, representatives, successors, and assigns and the Former Directors, their heirs and assigns, forever release
    and discharge Releasor, its Affiliates, and their respective directors, officers (other than the officers of the Company prior
    to November 12, 2015), managers, employees (other than employees of the Company who were employees prior to November 12, 2015,
    whether or not they remained employees after such date), agents, representatives, successors, and assigns from any and all
    claims, demands, and causes of action of every kind and nature, whether known or unknown, direct or indirect, accrued, contingent
    or potential, which such parties ever had or now have and which arose from the beginning of time until the date of this Agreement.

 

    	2

    	 

    

 

	 	d.	With
    respect to the foregoing releases, Releasor, Trust and the Former Directors each expressly waive any and all provisions, rights
    and benefits conferred by any law of the United States or of any country, state or territory of the United States, or principle
    of common law, which is similar, comparable, or equivalent to Section 1542 of the California Civil Code, and including Section
    1542 of the California Civil Code which provides:

 

A
GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME
OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

 

3.Future
Claims. Each party to this Agreement specifically acknowledges and agrees that all rights of any party to pursue Jordan
Eisenberg and any former officers and employees of the Company (the “Company Management Team”) are specifically
reserved, except that no claim survives against Valentino notwithstanding his title as Chairman of the Company. Releasor hereby
covenants and agrees not to bring or initiate any proceeding to assert any claims, rights or remedies against the Trust, any trustee
of the Trust, any Former Director or any Shareholder (other than Shareholders who are also members of the Company Management Team)
under the indemnification provisions of the SPA or otherwise that relate in any way to the Claim, to any other potential claims
under the SPA or to the Transaction; provided, however, that all parties acknowledge and agree that any claims by
Releasor against the Trust or any Shareholder for breach of any representation or warranty contained in Sections 3 and 4(e) of
the SPA are specifically preserved (the “Preserved Claims”). For purposes of clarity, Releasor and its
successors and assigns shall have no further rights to indemnification under Section 8 of the SPA other than claims against the
Company Management Team and other than the Preserved Claims.

 

4.Authority.
Each party to this Agreement, on its own behalf and on behalf of those it represents, represents and warrants to all other
parties that such party has all requisite power and authority to enter into this Agreement and to carry out its obligations thereunder.

 

5.Successors
and Assigns. This Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the
parties hereto.

 

6.Governing
Law; Jurisdiction. This Agreement shall be construed, performed and enforced in accordance with, and governed by, the
laws of the State of North Carolina, United States, without giving effect to the principles of conflicts of laws thereof. The
parties hereto irrevocably consent to the jurisdiction of, the federal and state courts of the State of North Carolina located
in Wake County, North Carolina for such purpose. 

 

7.Expenses.
Except as otherwise provided herein, each of the parties hereto shall pay all its own expenses in connection with this Agreement
and the transactions contemplated hereby, including, without limitation, any legal and accounting fees.

 

8.Severability.
In the event that any part of this Agreement is declared by any court or other judicial or administrative body to be null,
void or unenforceable, said provision shall survive to the extent it is not so declared, and all of the other provisions of this
Agreement shall remain in full force and effect.

 

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9.Notices.
All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have
been duly given (i) on the date of service if served personally on the party to whom notice is to be given, or (ii) on the day
of delivery by Federal Express or similar overnight courier or the Express Mail service maintained by the U.S. Postal Service,
to the party the addresses set forth in the SPA.

 

10.Amendments;
Waivers. This Agreement may be amended or modified, and any of the terms, covenants, representations, warranties or conditions
hereof may be waived, only by a written instrument executed by the parties hereto, or in the case of a waiver, by the party waiving
compliance. Any waiver by any party of any condition, or of the breach of any provision, term, covenant, representation or warranty
contained in this Agreement, in any one or more instances, shall not be deemed to be nor construed as further or continuing waiver
of any such condition, or of the breach of any other provision, term, covenant, representation or warranty of this Agreement.

 

11.Public
Announcements. The Trust shall not make any public statement regarding this Agreement or the transactions contemplated
herein without Releasor’s prior written approval. Releasor will be required to file a Form 8-K with the U.S. Securities
and Exchange Commission regarding this Agreement.

 

12.
Entire Agreement. This Agreement and the exhibits hereto contain the entire understanding between the parties hereto
with respect to the matters contemplated hereby and thereby and supersede and replace all prior agreements and understandings,
oral or written, with regard to such matters.

 

13.Section
and Paragraph Headings. The section and paragraph headings in this Agreement are for reference purposes only and shall
not affect the meaning or interpretation of this Agreement.

 

14.Counterparts.
This Agreement may be executed in counterparts and via .pdf, each of which shall be deemed an original, but all of which shall
constitute the same instrument. 

 

15.Independent
Counsel; Mutual Drafting. Each party hereto consulted, or had the opportunity to consult, legal counsel or other advisors
of its own choosing with respect to this Agreement and fully understands the meaning and intent of, this Agreement, including,
but not limited to, the final and binding effect of this Agreement and the acknowledgments, releases, and waivers contained herein.
Each party hereto shall be deemed to have consulted and assisted with the drafting of this Agreement such that any ambiguity herein
shall not be construed in favor of one party over the other party.

 

[Signature
Page Follows]

 

    	4

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Settlement and Release Agreement effective as of the day and year first above
written.

 

	 	SYNERGY
    CHC CORP.
	 	 	 
	 	By:	/s/
    Jack Ross
	 	Name:	Jack
    Ross
	 	Title:	Chief
    Executive Officer

 

	 	URX
    ACQUISITION TRUST,
	 	on
    its own behalf and as representative of the Shareholders
	 	 	 
	 	KMJZ
    Investments, L.L.C., Voting Trustee
	 	 	 
	 	By: 	/s/
    Scott Peppett
	 	Name: 	Scott Peppett
	 	Title:	Authorized Representative
	 	 	 
	 	Arbicha
    Invesments, L.L.C., Voting Trustee
	 	By
    Arbicha, LLC, Sole Member
	 	 	 
	 	By: 	/s/
    Randall Kaplan
	 	Name: 	Randall Kaplan
	 	Title:	Manager
	 	 	 
	 	Casa
    Vicente, LLC, Voting Trustee
	 	 	 
	 	By: 	/s/
    David Leyrer
	 	Name: 	David Leyrer
	 	Title:	Manager
	 	 	 
	 	URX
    Acquisition Trustee, LLC
	 	 	 
	 	By: 	/s/
    Michael Valentino
	 	Name: 	Michael Valentino
	 	Title:	Sole Member

 

[Signature
Page to Settlement and Release Agreement]

 

    	 

    	 

    

 

	 	FORMER DIRECTORS:
	 	 
	 	David
    T. Leyrer 
	 	 
	 	/s/ David T.
    Leyrer
	 	 
	 	Michael
    Valentino 
	 	 
	 	/s/ Michael
    Valentino
	 	 
	 	Ron
    Fugate 
	 	 
	 	/s/ Ron Fugate
	 	 
	 	Randall
    Kaplan
	 	 
	 	/s/ Randall
    Kaplan

 

[Signature
Page to Settlement and Release Agreement]

 

    	 

    	 

    

 

Exhibit
A

 

Form
of Warrant

 

[Exhibit
A to Settlement and Release Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}]]