SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: 8-K
Document Type: EX-10.1
Date Filed: 2026-03-25
Accession Number: 0001213900-26-034072
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000121390026034072/ea028322301ex10-1.htm

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law, under such applicable laws which may hereafter be in effect and which allow a higher maximum non-usurious interest rate than applicable laws now allow. “Holdout Lender” has the meaning specified therefor in Section 11.2(c). “Increased Amount Date” has the meaning specified therefor in Section 2.13(a). “Incremental Amendment” has the meaning specified therefor in Section 2.13(b). “Incremental Term Loan Commitment” means the commitment of any Incremental Term Loan Lender to make Incremental Term Loans pursuant to Section 2.13 and as further set forth in any Incremental Amendment, as such commitment may be terminated or reduced from time to time in accordance with the terms of this Agreement. “Incremental Term Loan Lender” means a Lender with an Incremental Term Loan Commitment or an Incremental Term Loan. “Incremental Term Loans” means, collectively, the loans made by the Incremental Term Loan Lenders to the Borrower pursuant to Section 2.13 and any Incremental Amendment.

“Indebtedness”
means, with respect to any Person, without duplication, (a) all indebtedness of such Person for borrowed money; (b) all obligations of
such Person for the deferred purchase price of property or services (other than trade payables or other accounts payable incurred in
the ordinary course of such Person’s business and not outstanding for more than 90 days after the date such payable was created
and any earn-out, purchase price adjustment or similar obligation until such obligation appears in the liabilities section of the balance
sheet of such Person); (c) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments or upon
which interest payments are customarily made; (d) all reimbursement, payment or other obligations and liabilities of such Person created
or arising under any conditional sales or other title retention agreement with respect to property used and/or acquired by such Person,
even though the rights and remedies of the lessor, seller and/or lender thereunder may be limited to repossession or sale of such property;
(e) all Capitalized Lease Obligations of such Person; (f) all obligations and liabilities, contingent or otherwise, of such Person, in
respect of letters of credit, acceptances and similar facilities; (g) all obligations and liabilities, calculated on a basis satisfactory
to the Agents and in accordance with accepted practice, of such Person under Hedging Agreements; (h) all monetary obligations under any
receivables factoring, receivable sales or similar transactions and all monetary obligations under any synthetic lease, tax ownership/operating
lease, off-balance sheet financing or similar financing; (i) all Contingent Obligations; (j) all Disqualified Equity Interests; and (k)
all obligations referred to in clauses (a) through (j) of this definition of another Person secured by (or for which the holder of such
Indebtedness has an existing right, contingent or otherwise, to be secured by) a Lien upon property owned by such Person, even though
such Person has not assumed or become liable for the payment of such Indebtedness. The Indebtedness of any Person shall include the Indebtedness
of any partnership of or joint venture in which such Person is a general partner or a joint venturer.

“Indemnified
Matters” has the meaning specified therefor in Section 11.15(a).

“Indemnified
Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation
any Loan Party under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

“Indemnitees”
has the meaning specified therefor in Section 11.15(a).

“Information
Certificate” means a certificate in the form of Exhibit C.

“Initial
Term Loan” means the loans made by the Initial Term Loan Lender to the Borrower on the Effective Date pursuant to Section 2.1(a)(i).

“Initial
Term Loan Commitments” means, with respect to each Initial Term Loan Lender, the commitment of such Initial Term Loan Lender
to make the Initial Term Loan to the Borrower in the amount set forth in Schedule 1.1(A) hereto or in the Assignment and Acceptance pursuant
to which such Initial Term Loan Lender became a Lender under this Agreement, as such commitment may be terminated or reduced from time
to time in accordance with the terms of this Agreement.

“Initial
Term Loan Lender” means a Lender with an Initial Term Loan Commitment or an Initial Term Loan.

“Insolvency
Proceeding” means any proceeding commenced by or against any Person under any provision of any Debtor Relief Law.

“Intellectual
Property” has the meaning specified therefor in the Security Agreement.

“Intellectual
Property Contracts” means all written agreements concerning Intellectual Property, including without limitation license agreements,
technology consulting agreements, confidentiality agreements, co-existence agreements, consent agreements and non-assertion agreements.

“Intellectual
Property Security Agreement” means the appropriate Intellectual Property Security Agreement, substantially in the form of Exhibit
B to the Security Agreement, made by each Loan Party holding any Intellectual Property, in favor of the Collateral Agent for the
benefit of the Secured Parties, or the equivalent form governed by the laws of such other jurisdiction.

“Intercompany
Subordination Agreement” means an Intercompany Subordination Agreement made by the Borrower and its Subsidiaries in favor of
the Collateral Agent for the benefit of the Agents and the Lenders, in form and substance reasonably satisfactory to the Collateral Agent.

“Interest
Period” means, with respect to each Term SOFR Rate Loan, a period commencing on the date of the making of such Term SOFR Rate
Loan (or the continuation of a Term SOFR Rate Loan or the conversion of a Reference Rate Loan to a Term SOFR Rate Loan) and ending one
or three months thereafter; provided, however, that (a) if any Interest Period would end on a day that is not a Business Day, such Interest
Period shall be extended (subject to clauses (c)-(f) below) to the next succeeding Business Day, (b) interest shall accrue at the applicable
rate based upon Term SOFR from and including the first day of each Interest Period to, but excluding, the day on which any Interest Period
expires, (c) any Interest Period that would end on a day that is not a Business Day shall be extended to the next succeeding Business
Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business
Day, (d) with respect to an Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is
no numerically corresponding day in the calendar month at the end of such Interest Period), the Interest Period shall end on the last
Business Day of the calendar month that is one or three months after the date on which the Interest Period began, as applicable, (e)
no tenor that has been removed from this definition pursuant to Section 2.7(e) shall be available for specification in any Notice of
Borrowing or Term SOFR Rate Notice, and (f) the Borrower may not elect an Interest Period which will end after the Stated Term Loan Maturity
Date.

“Internal
Revenue Code” means the Internal Revenue Code of 1986, as amended.

“Inventory”
means, with respect to any Person, all goods and merchandise of such Person leased or held for sale or lease by such Person, including,
without limitation, all raw materials, work-in-process and finished goods, and all packaging, supplies and materials of every nature
used or usable in connection with the shipping, storing, advertising or sale of such goods and merchandise, whether now owned or hereafter
acquired, and all such other property the sale or other disposition of which would give rise to an Account or cash.

“Investment”
means, with respect to any Person, (a) any investment by such Person in any other Person (including Affiliates) in the form of loans,
guarantees, advances or other extensions of credit (excluding Accounts arising in the ordinary course of business), capital contributions
or acquisitions of Indebtedness (including, any bonds, notes, debentures or other debt securities), Equity Interests, or all or substantially
all of the assets of such other Person (or of any division or business line of such other Person), (b) the purchase or ownership of any
futures contract or liability for the purchase or sale of currency or other commodities at a future date in the nature of a futures contract,
or (c) any investment in any other items that are or would be classified as investments on a balance sheet of such Person prepared in
accordance with GAAP.

“Joinder
Agreement” means a Joinder Agreement, substantially in the form of Exhibit A hereto, duly executed by a Subsidiary of
a Loan Party and made a party hereto as a Borrower or a Guarantor pursuant to Section 7.1(b).

“Knight”
means Knight Therapeutics International S.A.

“Knight
Agreement” means that certain Distribution, License and Supply Agreement made in favor of Knight, dated as of January 22, 2015
(as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof).