SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: S-1/A
Document Type: EX-10.5
Date Filed: 2024-07-29
Accession Number: 0001013762-24-002165
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000101376224002165/ea020832402ex10-5_synergy.htm

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law, any amounts required to receive Common Stock or other securities under any Award made under the Plan. (v) Erroneously Awarded Compensation. All Awards shall be subject (including on a retroactive basis) to (i) any clawback, forfeiture or similar incentive compensation recoupment policy established from time to time by the Company, including, without limitation, any such policy established to comply with the Dodd-Frank Wall Street Reform and Consumer Protection Act, (ii) applicable law (including, without limitation, Section 304 of the Sarbanes-Oxley Act and Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act), and/or (iii) the rules and regulations of the applicable securities exchange or inter-dealer quotation system on which the Common Stock or other securities are listed or quoted, and such requirements shall be deemed incorporated by reference into all outstanding Award agreements. Adopted by consent of the Board: June 26, 2024 Shareholder Approved: June 26, 2024

AMENDMENT NO. 1

SYNERGY CHC CORP.

2024 EQUITY INCENTIVE PLAN

WHEREAS, Synergy CHC
Corp. (the “Company”) previously established the 2024 Equity Incentive Plan of the Company (the “Plan”);
and

WHEREAS, Section 13(a)
of the Plan permits the Board of Directors of the Company to amend the Plan as set forth herein, subject to the approval of the Company’s
stockholders as required by applicable law;

WHEREAS, the Board
of Directors and the Company’s stockholders have approved this amendment as required by applicable law and the Company’s governing
documents.

NOW, THEREFORE, the
Plan is hereby amended, effective as of July 25, 2024, as follows:

1. Section
5(b) is hereby deleted and replaced with the following (the “Amendment”):

Subject to Section
12 of the Plan, the Committee is authorized to deliver under the Plan an aggregate of fifteen million five hundred twenty five thousand
(15,525,000) shares of Common Stock, all of which may be issued pursuant to the exercise of Incentive Stock Options.

2. This Amendment shall
be effective as of the date set forth above.

In all other respects, the Plan is hereby ratified and confirmed.

Approved by the Board of Directors: July 25, 2024

Approved by the Stockholders: July 25, 2024