SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: 8-K
Document Type: EX-10.1
Date Filed: 2025-06-04
Accession Number: 0001213900-25-050984
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000121390025050984/ea024464201ex10-1_synergy.htm

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any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; (vi) the Administrative Agent, the Incremental Term Loan Lenders and the Loan Parties may enter into an Incremental Amendment as provided in Section (vii) no Defaulting Lender or Affiliate thereof shall have any right to approve or disapprove any amendment, waiver or consent under the Loan Documents, and any Loans held by such Person for purposes hereof shall be automatically deemed to be voted pro rata according to the Loans of all other Lenders in the aggregate (other than such Defaulting Lender or Affiliate thereof); and (viii) the Agents and the Loan Parties may enter into an amendment to this Agreement in connection with the Loan Parties’ entry of the ABL Facility in the sole discretion of the Agents.

any action to be taken by the Lenders hereunder requires the consent, authorization, or agreement of all of the Lenders or any Lender
affected thereby, and a Lender other than the Collateral Agent and the Administrative Agent and their respective Affiliates and Related
Funds (the “Holdout Lender”) fails to give its consent, authorization, or agreement, then the Collateral Agent, upon
at least five (5) Business Days prior irrevocable notice to the Holdout Lender, may permanently replace the Holdout Lender with one or
more substitute lenders (each, a “Replacement Lender”), and the Holdout Lender shall have no right to refuse to be
replaced hereunder. Such notice to replace the Holdout Lender shall specify an effective date for such replacement, which date shall not
be later than fifteen (15) Business Days after the date such notice is given. Prior to the effective date of such replacement, the Holdout
Lender and each Replacement Lender shall execute and deliver an Assignment and Acceptance, subject only to the Holdout Lender being repaid
its share of the outstanding Obligations without any premium or penalty of any kind whatsoever. If the Holdout Lender shall refuse or
fail to execute and deliver any such Assignment and Acceptance prior to the effective date of such replacement, the Holdout Lender shall
be deemed to have executed and delivered such Assignment and Acceptance. The replacement of any Holdout Lender shall be made in accordance
with the terms of Section 11.7. Until such time as the Replacement Lenders shall have acquired all of the Obligations, the Commitments,
and the other rights and obligations of the Holdout Lender hereunder and under the other Loan Documents, the Holdout Lender shall remain
obligated to make its Pro Rata Share of Loans.

Section 11.3. No Waiver;
Remedies, Etc. No failure on the part of any Agent or any Lender to exercise, and no delay in exercising, any right hereunder
or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right under any Loan
Document preclude any other or further exercise thereof or the exercise of any other right. The rights and remedies of the Agents and
the Lenders provided herein and in the other Loan Documents are cumulative and are in addition to, and not exclusive of, any rights or
remedies provided by law. The rights of the Agents and the Lenders under any Loan Document against any party thereto are not conditional
or contingent on any attempt by the Agents and the Lenders to exercise any of their rights under any other Loan Document against such
party or against any other Person.

Section 11.4. Expenses;
Taxes; Attorneys’ Fees. The Borrower will pay on written demand, all reasonable and documented costs and expenses
incurred by or on behalf of each Agent (and, in the case of clauses (c) through (m) below, each Lender), regardless of whether the
transactions contemplated hereby are consummated, including, without limitation, reasonable and documented fees, costs, client
charges and expenses of counsel for the Agents, and, in the case of clauses (b) through (m) below, each Lender), accounting, due
diligence, periodic field audits, physical counts, valuations, investigations, searches and filings, monitoring of assets,
appraisals of Collateral, the rating of the Loans, title searches and reviewing environmental assessments, miscellaneous
disbursements, examination, travel, lodging and meals, arising from or relating to: (a) the negotiation, preparation, execution,
delivery, performance and administration of this Agreement and the other Loan Documents (including, without limitation, the
preparation of any additional Loan Documents pursuant to Section 7.1(b) or the review of any of the agreements, instruments and
documents referred to in Section 7.1(f)), (b) any requested amendments, waivers or consents to this Agreement or the other Loan
Documents whether or not such documents become effective or are given, (c) the preservation and protection of the Agents’ or
any of the Lenders’ rights under this Agreement or the other Loan Documents, (d) the defense of any claim or action asserted
or brought against any Agent or any Lender by any Person that arises from or relates to this Agreement, any other Loan Document, the
Agents’ or the Lenders’ claims against any Loan Party, or any and all matters in connection therewith, (e) the
commencement or defense of, or intervention in, any court proceeding arising from or related to this Agreement or any other Loan
Document, (f) the filing of any petition, complaint, answer, motion or other pleading by any Agent or any Lender, or the taking of
any action in respect of the Collateral or other security, in connection with this Agreement or any other Loan Document, (g) the
protection, collection, lease, sale, taking possession of or liquidation of any Collateral or other security in connection with this
Agreement or any other Loan Document, (h) any attempt to enforce any Lien or security interest in any Collateral or other security
in connection with this Agreement or any other Loan Document, (i) any attempt to collect from any Loan Party, (j) any Environmental
Claim, Environmental Liability or Remedial Action arising from or in connection with the past, present or future operations of, or
any property currently, formerly or in the future owned, leased or operated by, any Loan Party, any of its Subsidiaries or any
predecessor in interest, (k) any Environmental Lien, (l) the rating of the Loans by one or more rating agencies Lender’s
Securitization, or (m) the receipt by any Agent or any Lender of any advice from professionals with respect to any of the foregoing.
Without limitation of the foregoing or any other provision of any Loan Document: (x) the Borrower agrees to pay all broker fees that
may become due in connection with the transactions contemplated by this Agreement and the other Loan Documents, and (y) if the
Borrower fails to perform any covenant or agreement contained herein or in any other Loan Document, any Agent is expressly permitted
or authorized to perform or cause performance of such covenant or agreement pursuant to such Loan Document, and the expenses of such
Agent incurred in connection therewith shall be reimbursed on written demand by such Agent to the Borrower. The obligations of the
Borrower under this Section 11.4 shall survive after the occurrence of the Termination Date, the discharge of any Liens granted
under the Loan Documents and the termination of this Agreement and the other Loan Documents.