Document:

Exhibit 10.128

 

AMENDMENT NO. 9 TO CREDIT AND SECURITY
AGREEMENT

 

THIS
AMENDMENT NO. 9 TO CREDIT AND SECURITY AGREEMENT (this “Amendment”) is made as of this 5th day
of April, 2016, by and among TWINLAB CONSOLIDATED HOLDINGS, INC., a Nevada corporation (“TCHI”), TWINLAB
CONSOLIDATION CORPORATION, a Delaware corporation (“TCC”), TWINLAB HOLDINGS, INC., a Michigan corporation,
ISI BRANDS INC., a Michigan corporation, TWINLAB CORPORATION, a Delaware corporation (“Twinlab Corporation”),
NUTRASCIENCE LABS, INC., a Delaware corporation (formerly known as TCC CM Subco I, Inc.), and NUTRASCIENCE LABS IP CORPORATION,
a Delaware corporation (formerly known as TCC CM Subco II, Inc.), ORGANIC HOLDINGS LLC, a Delaware limited liability company,
RESERVE LIFE ORGANICS, LLC, a Delaware limited liability company, RESVITALE, LLC, a Delaware limited liability company,
RE-BODY, LLC, a Delaware limited liability company, INNOVITAMIN ORGANICS, LLC, a Delaware limited liability company,
ORGANICS MANAGEMENT LLC, a Delaware limited liability company, COCOAWELL, LLC, a Delaware limited liability company,
FEMBODY, LLC, a Delaware limited liability company, RESERVE LIFE NUTRITION, L.L.C., a Delaware limited liability
company, INNOVITA SPECIALTY DISTRIBUTION, LLC, a Delaware limited liability company, and JOIE ESSANCE, LLC, a Delaware
limited liability company (each of the foregoing Persons being
referred to herein individually as a “Borrower”, and collectively as “Borrowers”), and MIDCAP
FUNDING X TRUST, a Delaware statutory trust, as successor-by-assignment from MidCap Financial Trust (as Agent for Lenders,
“Agent”, and individually, as a Lender), and the other financial institutions or other entities from time to
time parties to the Credit Agreement referenced below, each as a Lender.

 

RECITALS

 

A.           Pursuant
to that certain Credit and Security Agreement dated as of January 22, 2015 by and among Borrowers, Agent and Lenders (as amended
by that certain Amendment No. 1 to Credit and Security Agreement and Limited Consent dated as of February 4, 2015, by that certain
Amendment No. 2 to Credit and Security Agreement and Limited Consent dated as of April 7, 2015, by that certain Amendment No. 3
to Credit and Security Agreement and Limited Consent dated as of April 30, 2015, by that certain Amendment No. 4 to Credit and
Security Agreement and Limited Waiver dated as of June 30, 2015, by that certain Amendment No. 5 to Credit and Security Agreement
and Limited Consent dated as of June 30, 2015, by that certain Amendment No. 6 to Credit and Security Agreement, Limited Consent
and Limited Waiver dated as of September 9, 2015, by that certain Amendment No. 7 and Joinder Agreement to Credit and Security
Agreement dated as of October 5, 2015, by that certain Amendment No. 8 to Credit and Security Agreement dated as of January 28,
2016 and as further amended hereby and as it may be further amended, modified and restated from time to time, the “Credit
Agreement”), Agent and Lenders agreed to make available to Borrowers a secured revolving credit facility in a principal
amount of up to $15,000,000 from time to time (as amended, modified, supplemented, extended and restated from time to time, collectively,
the “Loans”). Capitalized terms used but not otherwise defined in this Amendment shall have the meanings set
forth in the Credit Agreement.

 

     

     

    

  

AGREEMENT

 

NOW, THEREFORE,
in consideration of the foregoing, the terms and conditions set forth in this Amendment, and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, Agent, Lenders and Borrowers hereby agree as follows:

 

1.          Recitals.
 This Amendment shall constitute a Financing Document and the Recitals set forth above shall be construed as part of this Amendment
as if set forth fully in the body of this Amendment.

 

2.          Amendment
to Credit Agreement. 

 

(a)          Section
1.1 of the Credit Agreement is hereby amended to add the defined terms “JL US,” “JL US Debt” and “Subordination
Agreement (JL US)” in their respective alphabetical order:

 

“JL
US” means JL-Utah Sub, LLC, an Alaska limited liability company.

 

“JL US Debt” means
the “Subordinated Loans” (as that term is defined in the Subordination Agreement (JL US). 

 

“Subordination Agreement
(JL US)” means the Subordination Agreement dated as of April 5, 2016 between Agent and JL US and acknowledged by Borrowers,
as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time.

 

(b)          Section
1.1 – Definitions of Commitment Expiry Date and Permitted Debt. The defined term “Permitted Debt” in Section
1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

“Permitted Debt”
means: (a) Borrowers’ and its Subsidiaries’ Debt to Agent and each Lender under this Agreement and the other Financing
Documents; (b) Debt incurred as a result of endorsing negotiable instruments received in the Ordinary Course of Business;
(c) purchase money Debt with respect to equipment, Debt listed on Schedule 5.1, and such other Debt (other than the Essex
Lease) not to exceed $3,000,000 at any time (whether in the form of a loan or a Capital Lease) used solely to acquire equipment
used in the Ordinary Course of Business and secured only by such equipment; (d) Debt existing on the date of this Agreement
and described on Schedule 5.1 and any Refinancing Debt with respect thereto; (e) Debt in the form of insurance premiums
financed through the applicable insurance company; (f) trade accounts payable arising and paid on a timely basis and in the
Ordinary Course of Business; (g) Subordinated Debt (for the avoidance of doubt, including the Golisano Holdings Debt, Great
Harbor Debt and JL US Debt), (h) the Essex Lease; (i) the Nutricap Seller Notes; (j) the JL Properties Reimbursement Agreement;
and (k) the DVA Note, to the extent issued in accordance with the terms of the DVA Put Agreement.

 

     

     

    

  

3.          Confirmation
of Representations and Warranties; Reaffirmation of Security Interest.  Each Borrower hereby (a) confirms that all of the
representations and warranties set forth in the Credit Agreement are true and correct with respect to such Borrower as of the date
hereof, and (b) covenants to perform its respective obligations under the Credit Agreement. Each Borrower confirms and agrees
that all security interests and Liens granted to Agent continue in full force and effect, and all Collateral remains free and clear
of any Liens, other than those granted to Agent and Permitted Liens. Nothing herein is intended to impair or limit the validity,
priority or extent of Agent’s security interests in and Liens on the Collateral. 

 

4.          Enforceability.
 This Amendment constitutes the legal, valid and binding obligation of each Borrower, and is enforceable against each Borrowers
in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws
relating to the enforcement of creditors’ rights generally and by general equitable principles.

 

5.          Costs
and Fees. Borrowers shall be responsible for the payment of all reasonable costs and fees of Agent’s counsel incurred
in connection with the preparation of this Amendment and any related documents. If Agent or any Lender uses in-house counsel for
any of these purposes, Borrowers further agree that the Obligations include reasonable charges for such work commensurate with
the fees that would otherwise be charged by outside legal counsel selected by Agent or such Lender for the work performed. Borrowers
hereby authorize Agent to deduct all of such fees set forth in this Section 8 from the proceeds of one or more Revolving Loans
made under the Credit Agreement.

 

6.          Conditions
to Effectiveness. This Amendment shall become effective as of the date on which each of the following conditions has been
satisfied (the “Effective Date”):

 

(a)          Borrowers
shall have delivered to Agent this Amendment, duly executed by an authorized officer of each Borrower;

 

(b)          Agent
shall have received the fully executed copies of the Subordination Agreement (JL-US), the Subordinated Debt Documents, the Subordinated
Loan Documents (as such term is defined in the Subordination Agreement (JL-US)), in each case in form and substance satisfactory
to Agent;

 

(c)          all
representations and warranties of Borrowers contained herein shall be true and correct in all material respects as of the Effective
Date (and such parties’ delivery of their respective signatures hereto shall be deemed to be its certification thereof);
and

 

     

     

    

 

(d)          Agent
shall have received from Borrowers of all of the fees owing pursuant to this Amendment and Agent’s reasonable out-of-pocket
legal fees and expenses.

 

7.          Release.
Each Borrower, voluntarily, knowingly, unconditionally and irrevocably, with specific and express intent, for and on behalf of
itself and all of its respective parents, subsidiaries, affiliates, members, managers, predecessors, successors, and assigns, and
each of their respective current and former directors, officers, shareholders, agents, and employees (collectively, “Releasing
Parties”), does hereby fully and completely release, acquit and forever discharge each Indemnitee of and from any and
all actions, causes of action, suits, debts, disputes, damages, claims, obligations, liabilities, costs, expenses and demands of
any kind whatsoever, at law or in equity, whether matured or unmatured, liquidated or unliquidated, vested or contingent, choate
or inchoate, known or unknown that the Releasing Parties (or any of them) has against the Indemnitees (or any of them) that directly
or indirectly arise out of, are based upon or are in any manner connected with any Prior Related Event. “Prior Related
Event” means any transaction, event, circumstance, action, failure to act, occurrence of any type or sort, whether known
or unknown, which occurred, existed, was taken, was permitted or begun in accordance with, pursuant to or by virtue of (a) any
of the terms of this Amendment or any other Financing Document, (b) any actions, transactions, matters or circumstances related
hereto or thereto, (c) the conduct of the relationship between any Indemnitee and any Borrower, or (d) any other actions
or inactions by any Indemnitee, all on or prior to the Effective Date. Each Borrower acknowledges that the foregoing release is
a material inducement to Agent’s and Lender’s decision to enter into this Amendment and to agree to the modifications
contemplated hereunder.

 

8.          No
Waiver or Novation. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided
in this Amendment, operate as a waiver of any right, power or remedy of Agent, nor constitute a waiver of any provision of the
Credit Agreement, the Financing Documents or any other documents, instruments and agreements executed or delivered in connection
with any of the foregoing. Except as expressly provided herein, nothing herein is intended or shall be construed as a waiver of
any existing Defaults or Events of Default under the Credit Agreement or other Financing Documents or any of Agent’s rights
and remedies in respect of such Defaults or Events of Default. This Amendment (together with any other document executed in connection
herewith) is not intended to be, nor shall it be construed as, a novation of the Credit Agreement.

 

9.          Affirmation.
Except as specifically amended and waived pursuant to the terms hereof, the Credit Agreement and all other Financing Documents
(and all covenants, terms, conditions and agreements therein) shall remain in full force and effect, and are hereby ratified and
confirmed in all respects by Borrowers. Each Borrower covenants and agrees to comply with all of the terms, covenants and conditions
of the Credit Agreement (as amended hereby) and the Financing Documents, notwithstanding any prior course of conduct, waivers,
releases or other actions or inactions on Agent’s or any Lender’s part which might otherwise constitute or be construed
as a waiver of or amendment to such terms, covenants and conditions.

 

     

     

    

 

10.         Miscellaneous.

 

(a)          Reference
to the Effect on the Credit Agreement.  Upon the effectiveness of this Amendment, each reference in the Credit Agreement
to “this Agreement,” “hereunder,” “hereof,” “herein,” or words of similar import
shall mean and be a reference to the Credit Agreement, as amended by this Amendment. Except as specifically amended and waived
above, the Credit Agreement, and all other Financing Documents (and all covenants, terms, conditions and agreements therein), shall
remain in full force and effect, and are hereby ratified and confirmed in all respects by Borrowers.

 

(b)          Incorporation
of Credit Agreement Provisions. The provisions contained in Section 11.6 (Indemnification), Section 12.8 (Governing Law; Submission
to Jurisdiction) and Section 12.9 (Waiver of Jury Trial) of the Credit Agreement are incorporated herein by reference to the same
extent as if reproduced herein in their entirety.

 

(c)          Headings.
Section headings in this Amendment are included for convenience of reference only and shall not constitute a part of this Amendment
for any other purpose.

 

(d)          Counterparts.
This Amendment may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the
signatures thereto and hereto were upon the same instrument. Signatures by facsimile or by electronic mail delivery of an electronic
version (e.g., .pdf or .tif file) of an executed signature page shall be treated as delivery of an original and shall bind
the parties hereto. This Amendment constitutes the entire agreement and understanding among the parties hereto and supersede any
and all prior agreements and understandings, oral or written, relating to the subject matter hereof.

 

[SIGNATURES APPEAR ON FOLLOWING PAGES]

 

     

     

    

 

(Signature Page to Amendment No. 9
to Credit and Security Agreement)

 

IN WITNESS WHEREOF,
intending to be legally bound, and intending that this document constitute an agreement executed under seal, the undersigned have
executed this Amendment under seal as of the day and year first hereinabove set forth.

 

	AGENT:	MIDCAP FUNDING X TRUST, a Delaware statutory trust, as successor-by-assignment from MidCap Financial Trust
	 	 	 
	 	By:	Apollo Capital Management, L.P.,
	 	 	its investment manager
	 	 	 
	 	By:	Apollo Capital Management GP, LLC,
	 	 	its general partner
	 	 	 
	 	By: 	/s/ Maurice Amsellem 	(SEAL)
	 	Name: 	Maurice Amsellem
	 	Title:	Authorized Signatory
	 	 	 
	LENDER:	MIDCAP FUNDING X TRUST, a Delaware statutory trust, as successor-by-assignment from MidCap Financial Trust
	 	 	 
	 	By:	Apollo Capital Management, L.P.,
	 	 	its investment manager
	 	 	 
	 	By:	Apollo Capital Management GP, LLC,
	 	 	its general partner
	 	 	 
	 	By: 	/s/ Maurice Amsellem	 (SEAL)
	 	Name:	Maurice
Amsellem
	 	Title:	Authorized Signatory

 

     

     

    

 

(Signature
Page to Amendment No. 9 to Credit and Security Agreement)

 

	BORROWERS:	 	TWINLAB
    CONSOLIDATION CORPORATION
	 	 	 
	 	 	By:	/s/
    Naomi Whittel	(Seal)
	 	 	Name:  	Naomi
    Whittel
	 	 	Title:    
    	Chief
    Executive Officer

  

	TWINLAB CONSOLIDATED HOLDINGS, INC.	 	TWINLAB HOLDINGS, INC.
	 	 	 
	By:  	/s/ Naomi Whittel 	(Seal)	 	By: 	  /s/ Naomi Whittel  	(Seal)
	Name:  	Naomi Whittel	 	Name: 	Naomi Whittel
	Title:  	Chief Executive Officer	 	Title:  	Chief Executive Officer

 

	TWINLAB CORPORATION	 	ISI BRANDS INC.
	 	 	 
	By:	/s/ Naomi Whittel 	(Seal)	 	By:	/s/ Naomi Whittel	 (Seal)
	Name:  	Naomi Whittel	 	Name:  	Naomi Whittel
	Title:    	Chief Executive Officer	 	Title:    	Chief Executive Officer

 

	NUTRASCIENCE LABS, INC.	 	NUTRASCIENCE LABS IP CORPORATION
	 	 	 
	By:	/s/ Naomi Whittel	 (Seal)	 	By:	/s/ Naomi Whittel 	(Seal)
	Name:  	Naomi Whittel	 	Name:  	Naomi Whittel
	Title:	Chief Executive Officer	 	Title: 	Chief Executive Officer

 

	ORGANIC HOLDINGS LLC	 	RESERVE LIFE ORGANICS, LLC 
	 	 	 	 	 	 	 
	 	 	 	 	By ORGANIC HOLDINGS LLC,
	By: 	/s/ Naomi Whittel	(Seal)	 	its sole Member
	Name:      Naomi Whittel	 	 	 	 
	Title:        Sole Manager	 	By: 	/s/ Naomi Whittel	(Seal)
	 	 	 	 	Name:      Naomi Whittel
	 	 	 	 	Title:        Sole Manager

  

     

     

    

 

(Signature
Page to Amendment No. 9 to Credit and Security Agreement)

 

	RESVITALE, LLC	 	RE-BODY, LLC 
	 	 	 
	By ORGANIC HOLDINGS LLC,	 	By ORGANIC HOLDINGS LLC,
	its sole Member	 	its sole Member
	 	 	 	 	 
	By:	/s/ Naomi Whittel	 (Seal)	 	By:	/s/ Naomi Whittel 	(Seal)
	Name:	Naomi Whittel	 	Name:	Naomi Whittel
	Title:	Sole Manager	 	Title:	Sole Manager
	 	 	 	 	 
	INNOVITAMIN ORGANICS, LLC	 	ORGANICS MANAGEMENT LLC
	 	 	 
	By ORGANIC HOLDINGS LLC,	 	By ORGANIC HOLDINGS LLC,
	its sole Member	 	its sole Member
	 	 	 	 	 
	By:	/s/ Naomi Whittel 	(Seal)	 	By:	/s/ Naomi Whittel	 (Seal)
	Name:	Naomi Whittel	 	Name:	Naomi Whittel
	Title:	Sole Manager	 	Title: 	Sole Manager
	 	 	 	 	 
	COCOAWELL, LLC	 	FEMBODY, LLC
	 	 	 
	By ORGANIC HOLDINGS LLC,	 	By ORGANIC HOLDINGS LLC,
	its sole Member	 	its sole Member
	 	 	 	 	 	 	 
	By: 	/s/ Naomi Whittel 	(Seal)	 	By: 	/s/ Naomi Whittel	(Seal)
	Name: 	 Naomi Whittel  	 	Name: 	 Naomi Whittel  
	Title:   	 Sole Manager   	 	Title:    	Sole Manager   
	 	 	 	 	 
	RESERVE LIFE NUTRITION, L.L.C.	 	INNOVITA SPECIALTY DISTRIBUTION, LLC
	 	 	 
	By ORGANIC HOLDINGS LLC,	 	By ORGANIC HOLDINGS LLC,
	its sole Member	 	its sole Member
	 	 	 	 	 
	By:	/s/ Naomi Whittel 	(Seal)	 	By:	/s/ Naomi Whittel	(Seal)
	Name:	Naomi Whittel	 	Name:	Naomi Whittel
	Title:	Sole Manager	 	Title:	Sole Manager

 

     

     

    

 

(Signature Page to Amendment No. 9
to Credit and Security Agreement)

 

	JOIE ESSANCE, LLC	 
	 	 
	By ORGANIC HOLDINGS LLC,	 
	its sole Member	 
	 	 
	By:	/s/ Naomi Whittel 	 (Seal)	 
	Name: 	Naomi
Whittel	 
	Title: 	Sole
ManagerExhibit 10.129

 

EIGHTH AMENDMENT TO NOTE AND WARRANT
PURCHASE AGREEMENT

 

This EIGHTH AMENDMENT
TO NOTE AND WARRANT AGREEMENT (this “Amendment”), dated as of April 5, 2016, is made by and between TWINLAB
CONSOLIDATED HOLDINGS, INC., a Nevada corporation (“Parent”), TWINLAB CONSOLIDATION CORPORATION, a Delaware
corporation (“TCC”), TWINLAB HOLDINGS, INC., a Michigan corporation (“Twinlab Holdings”),
ISI BRANDS INC., a Michigan corporation (“ISI Brands”), and TWINLAB CORPORATION, a Delaware corporation (“Twinlab
Corporation”), NUTRASCIENCE LABS, INC., a Delaware corporation, NUTRASCIENCE LABS IP CORPORATION., a Delaware corporation,
ORGANIC HOLDINGS LLC, a Delaware limited liability company, RESERVE LIFE ORGANICS, LLC, a Delaware limited liability company, RESVITALE,
LLC, a Delaware limited liability company, RE-BODY, LLC, a Delaware limited liability company, INNOVITAMIN ORGANICS, LLC, a Delaware
limited liability company, ORGANICS MANAGEMENT LLC, a Delaware limited liability company, COCOAWELL, LLC, a Delaware limited liability
company, FEMBODY, LLC, a Delaware limited liability company, RESERVE LIFE NUTRITION, L.L.C., a Delaware limited liability company,
INNOVITA SPECIALTY DISTRIBUTION, LLC, a Delaware limited liability company, and JOIE ESSANCE, LLC, a Delaware limited liability
company (each of the foregoing Persons being referred to herein individually as a “Company” and collectively
as the “Companies”), and PENTA MEZZANINE SBIC FUND I, L.P., a Delaware limited partnership (the “Purchaser”).

 

WHEREAS, the Companies
and the Purchaser are parties to a Note and Warrant Purchase Agreement dated as of November 13, 2014, as amended by that certain
First Amendment to Note and Warrant Purchase Agreement, Consent and Joinder dated as of January 22, 2015, that certain Second Amendment
to Note and Warrant Purchase Agreement and Consent dated as of February 4, 2015, that certain Third Amendment to Note and Warrant
Purchase Agreement and Consent dated as of April 30, 2015, that certain Fourth Amendment to Note and Warrant Purchase Agreement,
Limited Consent and Limited Waiver dated as of June 30, 2015, that certain Fifth Amendment to Note and Warrant Purchase Agreement
and Limited Consent dated as of September 9, 2015, that certain Sixth Amendment to Note and Warrant Purchase Agreement dated October
5, 2015, that certain Joinder Agreement dated as of October 30, 2015 and that certain Seventh Amendment to Note and Warrant Purchase
Agreement dated as of January 28, 2016 (as the same may be further amended, restated, amended and restated, supplemented or otherwise
modified from time to time, the “Note Purchase Agreement”); and

 

NOW, THEREFORE, in
consideration of the promises and the mutual agreements contained in this Amendment, and subject to the terms and conditions set
forth herein, each party hereto hereby agrees as follows:

 

1.          Capitalized
Terms. Capitalized terms used but not defined herein shall have the meanings set forth in the Note Purchase Agreement.

 

2.          Amendments
to Note Purchase Agreement. Subject to the satisfaction of the conditions precedent set forth herein and in reliance on the
representations, warranties and covenants of the Companies set forth herein and in the Note Purchase Agreement, each party hereto
hereby agrees that the Note Purchase Agreement be and hereby is, amended as follows:

 

2.1.      
New Defined Terms. Section 1 of the Note Purchase Agreement is hereby amended by inserting each of the following defined
terms in the appropriate alphabetical order:

 

“JL-Utah”
means JL-Utah Sub, LLC, an Alaska limited liability company.

 

    	 	1	 

     

    

 

“JL-Utah Debt”
means the “Subordinated Loans” (as that term is defined in the Subordination Agreement (JL-Utah).

 

“Subordination Agreement
(JL-Utah)” means the Subordination Agreement dated as of April 5, 2016 between the Purchaser and JL-Utah and acknowledged
by the Companies, as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time.

 

2.2.          Amendment
to Section 6.7. Section 6.7 of the Note Purchase Agreement is hereby amended and restated in its entirety as follows:

 

“6.7           Indebtedness.

 

Create, incur,
assume or suffer to exist any Indebtedness (exclusive of trade debt) except in respect of (a) the Indebtedness to Purchaser, (b)
Permitted Senior Debt, (c) the Essex Debt, (d) the Little Harbor Debt, (e) Indebtedness, incurred at the time of, or within 20
days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof, (f)
the Utah Lease, (g) the Subordinated Debt; (h) Refinancing Indebtedness with respect to any of the foregoing; provided that any
Refinancing Indebtedness that (i) is a renewal or extension of Permitted Senior Debt is renewed or extended in accordance with
Section 15 of the Subordination Agreement, (ii) is a refinancing of Permitted Senior Debt is on terms reasonably satisfactory to
the Purchaser, (iii) is a renewal or extension of the Subordinated Debt is renewed or extended in accordance with Section 15 of
the JL-BBNC Subordination Agreement and (iv) is a refinancing of the Subordinated Debt is on terms reasonably satisfactory to the
Purchaser; (i) the Nutricap Seller Notes; (j) the JL Properties Reimbursement Agreement, (k) the DVA Note, to the extent issued
in accordance with the terms of the DVA Put Agreement, (l) the Golisano Holdings Debt; (m) the Great Harbor Debt and (n) the JL-Utah
Debt.”

 

2.3.          Amendment
to Section 6.11. Section 6.11 of the Note Purchase Agreement is hereby amended by replacing Section 6.11 in its entirety with
the following:

 

“6.11         Entering
Into or Modification of Certain Agreements

 

The Companies
and their Subsidiaries shall not amend, restate, supplement or otherwise modify (or permit or consent to any amendment, restatement,
supplement or modification of) the terms of (i) its articles or certificate of incorporation, bylaws, any agreement between or
among any of the holders of any Company’s or any of its Subsidiaries’ Equity Interests, any other organizational document,
in each case which would be materially adverse to the Purchaser and (ii) any of the Transaction Documents, the documents and/or
instruments evidencing the Permitted Senior Debt (unless permitted under the Subordination Agreement), the documents and/or instruments
evidencing the Little Harbor Debt (unless permitted under the Little Harbor Subordination Agreement), the Subordinated Loan Documents
(unless permitted under the JL-BBNC Subordination Agreement), JL Properties Reimbursement Agreement (unless permitted under the
JL Properties Subordination Agreement), the DVA Put Agreement or the DVA Note (unless permitted under the DVA Subordination Agreement),
the Golisano Holdings Debt (unless permitted under the Subordination Agreement (Golisano Holdings), the Great Harbor Debt (unless
permitted under the Subordination Agreement (Great Harbor) or the JL-Utah Debt (unless permitted under the Subordination Agreement
(JL-Utah) or any of the leases for the Premises, in each case which would result in a Material Adverse Effect or (iii) the Nutricap
Seller Notes.”

 

3.          Representations
and Warranties; No Default. Each Company hereby represents and warrants that:

 

    	 	2	 

     

    

 

3.1.          The
execution, delivery and performance by such Company of this Amendment (a) are within such Company’s corporate or similar
powers and, at the time of execution hereof and have been duly authorized by all necessary corporate and similar action; (b) does
not and will not result, in any breach or default under any other document, instrument or agreement to which a Company or any of
its Subsidiaries is a party or to which a Company or any of its Subsidiaries, the Premises, the Collateral or any of the property
of a Company or any of its Subsidiaries is subject or bound, except for such breaches or defaults which, individually or in the
aggregate, have not had, and would not reasonably be expected to result in, a Material Adverse Effect and (c) will not violate
any applicable law, statute, regulation, rule, ordinance, code, rule or order.

 

3.2.          This
Amendment has been duly executed and delivered for the benefit of or on behalf of each Company and constitutes a legal, valid and
binding obligation of each Company, enforceable against such Company in accordance with its terms except (a) as the same may be
limited by bankruptcy, insolvency, reorganization moratorium or similar laws now or hereafter in effect relating to creditors rights
generally and (b) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to
equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.

 

3.3.          Both
before and after giving effect to this Amendment on the date hereof (a) the representations and warranties of the Companies contained
in Section 4.1 of the Note Purchase Agreement and the other Transaction Documents are true, correct and complete on and as of the
date hereof as if made on such date (and to the extent any representations and warranties shall relate to the Effective Date or
another earlier date, such representation and warranties shall be deemed to be amended to relate to the date hereof), and (b) no
Default or Event of Default has occurred and is continuing.

 

4.          Ratification
and Confirmation. The Companies hereby ratify and confirm all of the terms and provisions of the Note Purchase Agreement and
the other Transaction Documents and agree that all of such terms and provisions, as amended hereby, remain in full force and effect,
except as, and to the extent expressly set forth herein.

 

5.          Condition
to Effectiveness. The effectiveness of this Amendment shall be subject to the satisfaction of the following conditions precedent:

 

5.1.       The
Purchaser shall have received a fully executed copy of this Amendment.

 

5.2.       The
Purchaser shall have received the corresponding, fully executed amendment to the documents evidencing the Permitted Senior Debt,
in form and substance satisfactory to the Purchaser.

 

5.3.       The
Purchaser shall have received the corresponding, fully executed amendment to the Subordinated Loan Agreement, in form and substance
satisfactory to the Purchaser.

 

5.4.       The
Purchaser shall have received the fully executed copies of the Subordination Agreement (JL-Utah) and the documents evidencing the
JL-Utah Debt, in each case in form and substance satisfactory to the Purchaser.

 

5.5.       All
representations and warranties of the Companies contained herein shall be true and correct in all material respects as of the date
hereof (and such parties’ delivery of their respective signatures hereto shall be deemed to be its certification thereof).

 

5.6.       The
Purchaser shall have received all fees and other amounts due and payable to the Purchaser and its counsel in connection with this
Amendment, and to the extent invoiced, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid
by the Companies under the Note Purchase Agreement.

 

    	 	3	 

     

    

 

6.          Miscellaneous.

 

6.1.       Except
as otherwise expressly set forth herein, nothing herein shall be deemed to constitute an amendment, modification or waiver of any
of the provisions of the Note Purchase Agreement, the Security Agreement or the other Transaction Documents, all of which remain
in full force and effect as of the date hereof and are hereby ratified and confirmed. Each Company hereby acknowledges and agrees
that nothing contained herein shall be deemed to entitle any Company to consent to, or a waiver, amendment or modification of,
any of the terms, conditions, obligations, covenants or agreements contained in the Transaction Documents in similar or different
circumstances. This Amendment (together with any other document executed in connection herewith) is not intended to be, nor shall
it be construed as, a novation of the Note Purchase Agreement.

 

6.2.       This
Amendment may be executed in any number of counterparts, each of which, when executed and delivered, shall be an original, but
all counterparts shall together constitute one instrument. Delivery of an executed counterpart of a signature page of this Amendment
by facsimile or electronic mail shall be equally effective as delivery of a manually executed counterpart of this Amendment.

 

6.3.       This
Amendment shall be governed by the laws of the State of New York without giving effect to any conflict of law principles and shall
be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

 

6.4.       The
Companies agree to pay all reasonable expenses, including legal fees and disbursements, incurred by Purchaser in connection with
this Amendment and the transactions contemplated hereby.

 

6.5.       This
Amendment shall be deemed a Transaction Document for all purposes of the Note Purchase Agreement and the other Transaction Documents.
On and after the date hereof, each reference in the Note Purchase Agreement and the other Transaction Documents to the Note Purchase
Agreement, shall mean and be a reference to the Note Purchase Agreement, as modified by this Amendment.

 

6.6.       Each
Company, voluntarily, knowingly, unconditionally and irrevocably, with specific and express intent, for and on behalf of itself
and all of its respective parents, subsidiaries, affiliates, members, managers, predecessors, successors, and assigns, and each
of their respective current and former directors, officers, shareholders, agents, and employees (collectively, “Releasing
Parties”), does hereby fully and completely release, acquit and forever discharge each Indemnified Party of and from
any and all actions, causes of action, suits, debts, disputes, damages, claims, obligations, liabilities, costs, expenses and demands
of any kind whatsoever, at law or in equity, whether matured or unmatured, liquidated or unliquidated, vested or contingent, choate
or inchoate, known or unknown that the Releasing Parties (or any of them) has against the Indemnified Parties (or any of them)
that directly or indirectly arise out of, are based upon or are in any manner connected with any Prior Related Event. “Prior
Related Event” means any transaction, event, circumstance, action, failure to act, occurrence of any type or sort, whether
known or unknown, which occurred, existed, was taken, was permitted or begun in accordance with, pursuant to or by virtue of (a) any
of the terms of this Amendment or any other Transaction Document, (b) any actions, transactions, matters or circumstances
related hereto or thereto, (c) the conduct of the relationship between the Purchaser and any Company, or (d) any other
actions or inactions by the Purchaser, all on or prior to the date hereof. Each Company acknowledges that the foregoing release
is a material inducement to the Purchaser’s decision to enter into this Amendment and to agree to the modifications contemplated
hereunder.

 

[Signature Pages Follow.]

 

    	 	4	 

     

    

 

IN WITNESS WHEREOF,
the parties hereto have executed this Amendment which shall be deemed to be a sealed instrument as of the date first above written.

 

	 	COMPANIES
	 	 
	 	TWINLAB CONSOLIDATED HOLDINGS, INC. 
	 	 	 
	 	By:	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Chief Executive Officer 
	 	 	 
	 	TWINLAB HOLDINGS, INC.
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Chief Executive Officer 
	 	 	 
	 	TWINLAB CONSOLIDATION CORPORATION
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Chief Executive Officer 
	 	 	 
	 	TWINLAB CORPORATION
	 	 	 
	 	By:  	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Chief Executive Officer 
	 	 	 
	 	ISI BRANDS, INC.
	 	 	 
	 	By:	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Chief Executive Officer 

 

[Signature Page – Eighth Amendment
to Note and Warrant Purchase Agreement]

 

     

     

    

 

	 	NUTRASCIENCE LABS, INC.
	 	 	 
	 	By:	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Chief Executive Officer 
	 	 	 
	 	NUTRASCIENCE LABS IP CORPORATION
	 	 	 
	 	By:	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Chief Executive Officer 

 

	 	ORGANIC HOLDINGS LLC
	 	 	 
	 	By:	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	RESERVE LIFE ORGANICS, LLC
	 	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By:  	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	RESVITALE, LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By:  	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager

 

[Signature Page – Eighth Amendment
to Note and Warrant Purchase Agreement]

 

     

     

    

 

	 	RE-BODY, LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	INNOVITAMIN ORGANICS, LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	ORGANICS MANAGEMENT LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	COCOAWELL, LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	FEMBODY, LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager

 

[Signature Page – Eighth Amendment
to Note and Warrant Purchase Agreement]

 

     

     

    

 

	 	RESERVE LIFE NUTRITION, L.L.C.,
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By: 	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	INNOVITA SPECIALTY DISTRIBUTION, LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By:  	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager
	 	 	 
	 	JOIE ESSANCE, LLC
	 	 
	 	By: ORGANIC HOLDINGS LLC, its sole Member
	 	 	 
	 	By:  	/s/ Naomi Whittel
	 	Name:	Naomi Whittel
	 	Title:	Sole Manager

 

[Signature Page – Eighth Amendment
to Note and Warrant Purchase Agreement]

 

     

     

    

 

	 	PURCHASER:
	 	 	 
	 	PENTA MEZZANINE SBIC FUND I, L.P.
	 	 
	 	By: Penta Mezzanine SBIC Fund I GP, LLC, its General Partner
	 	 	 
	 	By:	/s/ Seth D. Ellis
	 	Name:	Seth D. Ellis
	 	Title:	Manager

 

[Signature Page – Eighth Amendment
to Note and Warrant Purchase Agreement]

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