SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: S-3
Document Type: EX-4.5
Date Filed: 2025-11-26
Accession Number: 0001213900-25-115554
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000121390025115554/ea026681201ex4-5_synergy.htm

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Be Issued. No fractional shares of Capital Stock shall be issued upon conversions of Securities. If more than one Security of any series shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issuable upon conversion thereof shall be computed on the basis of the aggregate Principal amount of the Securities of such series (or specified portions thereof to the extent permitted hereby) so surrendered. Instead of a fraction of a share of Capital Stock which would otherwise be issuable upon conversion of any Security or Securities (or specified portions thereof), the Issuer shall pay a cash adjustment in respect of such fraction of a share in an amount equal to the same fractional interest of the current market price (as defined in Section 12.05) per share of Capital Stock on the Business Day next preceding the day of conversion.

Section 12.07 Preservation
of Conversion Rights Upon Consolidation, Merger, Sale or Conveyance. In case of any consolidation of the Issuer with, or merger of
the Issuer into, any other corporation (other than a consolidation or merger in which the Issuer is the continuing corporation), or in
the case of any sale or transfer of all or substantially all of the assets of the Issuer, the corporation formed by such consolidation
or the corporation into which the Issuer shall have been merged or the corporation which shall have acquired such assets, as the case
may be, shall execute and deliver to the Trustee, a supplemental indenture, subject to the provisions of Articles 7 and 8 as they relate
to supplemental indentures, providing that the Holder of each Security then Outstanding of a series which was convertible into Capital
Stock shall have the right thereafter to convert such Security into the kind and amount of shares of stock and other securities and property,
including cash, receivable upon such consolidation, merger, sale or transfer by a holder of the number of shares of Capital Stock of the
Issuer into which such Securities might have been converted immediately prior to such consolidation, merger, sale or transfer. Such supplemental
indenture shall conform to the provisions of the Trust Indenture Act of 1939 as then in effect and shall provide for adjustments which
shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article 12. Neither the Trustee nor any conversion
agent shall be under any responsibility to determine the correctness of any provision contained in any such supplemental indenture relating
either to the kind or amount of shares of stock or other securities or property receivable by Securityholders upon the conversion of their
Securities after any such consolidation, merger, sale or transfer, or to any adjustment to be made with respect there to and, subject
to the provisions of Article 5, may accept as conclusive evidence of the correctness of any such provisions, and shall be protected in
relying upon, an Opinion of Counsel with respect thereto. If in the case of any such consolidation, merger, sale or transfer, the stock
or other securities and property receivable by a Holder of the Securities includes stock or other securities and property of a corporation
other than the successor or purchasing corporation, then such supplemental indenture shall also be executed by such other corporation
and shall contain such additional provisions to protect the interests of the Holders of the Securities as the Board of Directors shall
reasonably consider necessary. The above provisions of this Section 12.07 shall similarly apply to successive consolidations, mergers,
sales or transfers.

Section 12.08 Notice to
Security Holders of a Series Prior to Taking Certain Types of Action. With respect to the Securities of any series, in case:

(a) the Issuer shall
authorize the issuance to all holders of the class of Capital Stock into which Securities of such series are convertible of rights or
warrants to subscribe for or purchase shares of its Capital Stock or of any other right;

(b) the Issuer shall
authorize the distribution to all holders of the class of Capital Stock into which Securities of such series are convertible of evidences
of its indebtedness or assets (except for the exclusions with respect to certain dividends set forth in Section 12.05(c));

(c) of any subdivision,
combination or reclassification of the class of Capital Stock into which Securities of such series are convertible or of any consolidation
or merger to which the Issuer is a party and for which approval by the shareholders of the Issuer is required, or of the sale or transfer
of all or substantially all of the assets of the Issuer; or

(d) of the voluntary
or involuntary dissolution, liquidation or winding up of the Issuer;

then the Issuer shall cause to be filed with the
Trustee and at the office or agency maintained for the purpose of conversion of Securities of such series pursuant to Section 3.02, and
shall cause to be mailed to the Holders of Securities of such series, at their last addresses as they shall appear upon the register of
the Issuer, at least 10 days prior to the applicable record date hereinafter specified, a notice stating (i) the date as of which the
holders of such class of Capital Stock to be entitled to receive any such rights, warrants or distribution are to be determined, or (ii)
the date on which any such subdivision, combination, reclassification, consolidation, merger, sale, transfer, dissolution, liquidation,
winding up or other action is expected to become effective, and the date as of which it is expected that holders of record of such class
of Capital Stock shall be entitled to exchange their Capital Stock of such class for securities or other property, if any, deliverable
upon such subdivision, combination, reclassification, consolidation, merger, sale, transfer, dissolution, liquidation, winding up or other
action. The failure to give the notice required by this Section 12.08 or any defect therein shall not affect the legality or validity
of any distribution, right, warrant, subdivision, combination, reclassification, consolidation, merger, sale, transfer, dissolution, liquidation,
winding up or other action, or the vote upon any of the foregoing. Such notice shall also be published by and at the expense of the Issuer
not later than the aforesaid filing date at least once in an Authorized Newspaper.

Section 12.09 Covenant
to Reserve Shares for Issuance on Conversion of Securities. The Issuer covenants that at all times it will reserve and keep available
out of each class of its authorized Capital Stock, free from preemptive rights, solely for the purpose of issue upon conversion of Securities
of any series as herein provided, such number of shares of Capital Stock of such class as shall then be issuable upon the conversion of
all Outstanding Securities of such series. The Issuer covenants that an shares of Capital Stock which shall be so issuable shall, when
issued or delivered, be duly and validly issued shares of the class of authorized Capital Stock into which Securities of such series are
convertible, and shall be fully paid and nonassessable, free of all liens and charges and not subject to preemptive rights and that, upon
conversion, the appropriate capital stock accounts of the Issuer will be duly credited.

Section 12.10 Compliance
with Governmental Requirements. The Issuer covenants that if any shares of Capital Stock required to be reserved for purposes of conversion
of Securities hereunder require registration or listing with or approval of any governmental authority under any Federal or State law,
pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, or any national or regional securities
exchange on which such Capital Stock is listed at the time of delivery of any shares of such Capital Stock, before such shares may be
issued upon conversion, the Issuer will use reasonable efforts to cause such shares to be duly registered, listed or approved, as the
case may be.

Section 12.11 Payment of
Taxes Upon Certificates for Shares Issued Upon Conversion. The issuance of certificates for shares of Capital Stock upon the conversion
of Securities shall be made without charge to the converting Securityholders for any tax (including, without limitation, all documentary
and stamp taxes) in respect of the issuance and delivery of such certificates, and such certificates shall be issued in the respective
names of, or in such names as may be directed by, the Holders of the Securities converted; provided, however, that the Issuer shall not
be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any such certificate
in a name other than that of the Holder of the Security converted, and the Issuer shall not be required to issue or deliver such certificates
unless or until the person or persons requesting the issuance thereof shall have paid to the Issuer the amount of such tax or shall have
established to the satisfaction of the Issuer that such tax has been paid.