SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: S-3
Document Type: EX-4.6
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/ea026681201ex4-6_synergy.htm

Chunk 27 of 31
Word Count: 1498
Character Count: 9091

Document Content:

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.

Section 12.12 Trustee’s
Duties with Respect to Conversion Provisions. The Trustee and any conversion agent shall not at any time be under any duty or responsibility
to any Securityholder to determine whether any facts exist which may require any adjustment of the conversion rate or conversion price,
or with respect to the nature or extent of any such adjustment when made, or with respect to the method employed, or herein or in any
supplemental indenture provided to be employed, in making the same. Neither the Trustee nor any conversion agent shall be accountable
with respect to the registration under securities laws, listing, validity or value (or the kind or amount) of any shares of Capital Stock,
or of any other securities or property, which may at any time be issued or delivered upon the conversion of any Security; and neither
the Trustee nor any conversion agent makes any representation with respect thereto. Neither the Trustee nor any conversion agent shall
be responsible for any failure of the Issuer to make any cash payment or to issue, transfer or deliver any shares of stock or stock certificates
or other securities or property upon the surrender of any Security for the purpose of conversion; and the Trustee, subject to the provisions
of Article 5, and any conversion agent shall not be responsible for any failure of the Issuer to comply with any of the covenants of the
Issuer contained in this Article 12.

ARTICLE 13

SUBORDINATION OF SECURITIES

Section 13.01 Agreement
Of Subordination. The Issuer covenants and agrees, and each Holder of Securities issued hereunder by his acceptance thereof likewise
covenants and agrees, that all Securities shall be issued subject to the provisions of this ARTICLE 13; and each Holder, whether upon
original issue or upon transfer or assignment thereof, accepts and agrees to be bound by such provisions.

The
payment of the principal of, premium, if any, and interest on all Securities issued hereunder shall, to the extent and in the manner hereinafter
set forth, be subordinated and subject in right of payment to the prior payment in full of all Senior Indebtedness, whether outstanding
at the date of this Indenture or thereafter incurred.

The provisions of this ARTICLE
13 define the subordination of the Securities, as obligations of the Issuer, with respect to Senior Indebtedness of the Issuer, as defined
for the Issuer.

No provision of this ARTICLE
13 shall prevent the occurrence of any default or Event of Default hereunder.

Section 13.02 Payments
to Holders. In the event and during the continuation of any default in the payment of principal, premium, interest or any other payment
due on any Senior Indebtedness of the Issuer continuing beyond the period of grace, if any, specified in the instrument or lease evidencing
such Senior Indebtedness of the Issuer, then, unless and until such default shall have been cured or waived or shall have ceased to exist,
no payment shall be made by the Issuer with respect to the principal of, or premium, if any, or interest on the Securities, except payments
made pursuant to Article 9 hereof from amounts deposited with the Trustee pursuant thereto prior to the happening of such default.

Upon any payment by the Issuer,
or distribution of assets of the Issuer of any kind or character, whether in cash, property or securities, to creditors upon any dissolution
or winding-up or liquidation or reorganization of the Issuer, whether voluntary or involuntary or in bankruptcy, insolvency, receivership
or other proceedings, all amounts due or to become due upon all Senior Indebtedness of the Issuer shall first be paid in full, or payment
thereof provided for in money in accordance with its terms, before any payment is made on account of principal (including, if applicable,
any cash due upon conversion the Securities), premium, if any, or interest on the Securities (except payments made pursuant to ARTICLE
9 hereof from amounts deposited with the Trustee pursuant thereto prior to the happening of such dissolution, winding-up, liquidation
or reorganization); and upon any such dissolution or winding-up or liquidation or reorganization any payment by the Issuer, or distribution
of assets of the Issuer of any kind or character, whether in cash, property or securities, to which the holders of the Securities or the
Trustee would be entitled, except for the provisions of this ARTICLE 13, shall (except as aforesaid) be paid by the Issuer or by any receiver,
trustee in bankruptcy, liquidating trustee, agent or other Person making such payment or distribution, or by the holders of the Securities
or by the Trustee under this Indenture if received by them or it, directly to the holders of Senior Indebtedness of the Issuer (pro rata
to such holders on the basis of the respective amounts of Senior Indebtedness of the Issuer held by such holders, as calculated by the
Issuer) or their representative or representatives, or to the trustee or trustees under any indenture pursuant to which any instruments
evidencing any Senior Indebtedness of the Issuer may have been issued, as their respective interests may appear, to the extent necessary
to pay all Senior Indebtedness of the Issuer in full, in money or money’s worth, after giving effect to any concurrent payment or
distribution to or for the holders of Senior Indebtedness of the Issuer, before any payment or distribution is made to the holders of
the Securities or to the Trustee.

In the event that, notwithstanding
the foregoing, any payment or distribution of assets of the Issuer of any kind or character, whether in cash, property or securities,
prohibited by the foregoing, shall be received by the Trustee or the holders of the Securities before all Senior Indebtedness of the Issuer
is paid in full, or provision is made for such payment in money in accordance with its terms, such payment or distribution shall be held
in trust for the benefit of and shall be paid over or delivered to the holders of Senior Indebtedness of the Issuer or their representative
or representatives, or to the trustee or trustees under any indenture pursuant to which any instruments evidencing any Senior Indebtedness
of the Issuer may have been issued, as their respective interests may appear, as calculated by the Issuer, for application to the payment
of all Senior Indebtedness of the Issuer remaining unpaid to the extent necessary to pay all Senior Indebtedness of the Issuer in full
in money in accordance with its terms, after giving effect to any concurrent payment or distribution to or for the holders of such Senior
Indebtedness.

For purposes of this ARTICLE
13, the words, “cash, property or securities” shall not be deemed to include shares of stock of the Issuer as reorganized
or readjusted, or securities of the Issuer or any other corporation provided for by a plan of reorganization or readjustment, the payment
of which is subordinated at least to the extent provided in this ARTICLE 13 with respect to the Securities to the payment of all Senior
Indebtedness of the Issuer which may at the time be outstanding; provided that (i) the Senior Indebtedness of the Issuer is assumed by
the new corporation, if any, resulting from any such reorganization or readjustment, and (ii) the rights of the holders of the Senior
Indebtedness of the Issuer (other than leases) and of leases which are assumed are not, without the consent of such holders,
altered by such reorganization or readjustment. The consolidation of the Issuer with, or the merger of the Issuer into, another corporation
or the liquidation or dissolution of the Issuer following the conveyance or transfer of its property as an entirety, or substantially
as an entirety, to another corporation upon the terms and conditions provided for in ARTICLE 8 hereof shall not be deemed a dissolution,
winding-up, liquidation or reorganization for the purposes of this Section 13.02 if such other corporation shall, as a part of such consolidation,
merger, conveyance or transfer, comply with the conditions stated in ARTICLE 8 hereof. Nothing in this Section 13.02 shall apply to claims
of, or payments to, the Trustee under or pursuant to Section 5.06.