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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way prevented by the order of any court or any Governmental Authority from conducting, or otherwise ceases to conduct for any reason whatsoever, all or any material part of its business for a period which materially and adversely affects the ability of such Person to continue its business on a profitable basis; or the event the Pledged Promissory Note is not paid in full by January 1, 2026 and, on or before such date, Mr. Jack Ross has failed to deliver an equity pledge agreement in form and substance satisfactory to the Collateral Agent pledging such number of shares of the Borrower’s stock with a market value equal to the amount of the outstanding obligations of the Pledged Promissory Note as of December 31, 2025, as security for the Obligations (which equity pledge shall, for the purpose of clarity, be released upon payment in full of the Pledged Promissory Note);[reserved];

then,
and in any such event, the Collateral Agent may, and shall at the request of the Required Lenders, by notice to the Borrower, (i) terminate
or reduce all Commitments, whereupon all Commitments shall immediately be so terminated or reduced, (ii) declare all or any portion of
the Loans then outstanding to be accelerated and due and payable, whereupon all or such portion of the aggregate principal of all Loans,
all accrued and unpaid interest thereon, all fees and all other amounts payable under this Agreement and the other Loan Documents shall
become due and payable immediately, together with the payment of the Applicable Premium with respect to the Commitments so terminated
and the Loans so repaid, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived
by each Loan Party and (iii)  exercise any and all of its other rights and remedies under applicable law, hereunder and under the
other Loan Documents; provided, however, that upon the occurrence of any Event of Default described in subsection (f) or (g) of this
Section 8.1 with respect to any Loan Party, without any notice to any Loan Party or any other Person or any act by any Agent or any Lender,
all Commitments shall automatically terminate and all Loans then outstanding, together with all accrued and unpaid interest thereon,
all fees and all other amounts due under this Agreement and the other Loan Documents, including, without limitation, the Applicable Premium,
shall be accelerated and become due and payable automatically and immediately, without presentment, demand, protest or notice of any
kind, all of which are expressly waived by each Loan Party.

ARTICLE

AGENTS

Section
9.1. Appointment. Each Lender (and each subsequent maker of any Loan by its making thereof) hereby irrevocably appoints, authorizes
and empowers the Administrative Agent and the Collateral Agent to perform the duties of each such Agent as set forth in this Agreement
and the other Loan Documents, together with such actions and powers as are reasonably incidental thereto, including: (i) to receive on
behalf of each Lender any payment of principal of or interest on the Loans outstanding hereunder and all other amounts accrued hereunder
for the account of the Lenders and paid to such Agent, and, subject to Section 2.2, to distribute promptly to each Lender its Pro Rata
Share of all payments so received; (ii) to distribute to each Lender copies of all material notices and agreements received by such Agent
and not required to be delivered to each Lender pursuant to the terms of this Agreement, provided that the Agents shall not have any
liability to the Lenders for any Agent’s inadvertent failure to distribute any such notices or agreements to the Lenders; (iii)
to maintain, in accordance with its customary business practices, ledgers and records reflecting the status of the Obligations, the Loans,
and related matters and to maintain, in accordance with its customary business practices, ledgers and records reflecting the status of
the Collateral and related matters; (iv)  to execute or file any and all financing or similar statements or notices, amendments,
renewals, supplements, documents, instruments, proofs of claim, notices and other written agreements with respect to this Agreement or
any other Loan Document; (v) to make the Loans and Agent Advances, for such Agent or on behalf of the applicable Lenders as provided
in this Agreement or any other Loan Document; (vi) to perform, exercise, and enforce any and all other rights and remedies of the Lenders
with respect to the Loan Parties, the Obligations, or otherwise related to any of same to the extent reasonably incidental to the exercise
by such Agent of the rights and remedies specifically authorized to be exercised by such Agent by the terms of this Agreement or any
other Loan Document; (vii) to incur and pay such fees necessary or appropriate for the performance and fulfillment of its functions and
powers pursuant to this Agreement or any other Loan Document; (viii) subject to Section 9.3, to take such action as such Agent deems
appropriate on its behalf to administer the Loans and the Loan Documents and to exercise such other powers delegated to such Agent by
the terms hereof or the other Loan Documents (including, without limitation, the power to give or to refuse to give notices, waivers,
consents, approvals and instructions and the power to make or to refuse to make determinations and calculations); and (ix) to act with
respect to all Collateral under the Loan Documents, including for purposes of acquiring, holding and enforcing any and all Liens on Collateral
granted by any of the Loan Parties to secure any of the Obligations. As to any matters not expressly provided for by this Agreement and
the other Loan Documents (including, without limitation, enforcement or collection of the Loans), the Agents shall not be required to
exercise any discretion or take any action, but shall be required to act or to refrain from acting (and shall be fully protected in so
acting or refraining from acting) upon the instructions of the Required Lenders (or such other number or percentage of the Lenders as
shall be expressly provided for herein or in the other Loan Documents), and such instructions of the Required Lenders (or such other
number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents) shall be binding upon all
Lenders and all makers of Loans; provided, however, the Agents shall not be required to take any action which, in the reasonable opinion
of any Agent, exposes such Agent to liability or which is contrary to this Agreement or any other Loan Document or applicable law.

Section
9.2. Nature of Duties; Delegation.

(a) The
Agents shall have no duties or responsibilities except those expressly set forth in this Agreement or in the other Loan Documents. The
duties of the Agents shall be mechanical and administrative in nature. The Agents shall not have by reason of this Agreement or any other
Loan Document a fiduciary relationship in respect of any Lender. Nothing in this Agreement or any other Loan Document, express or implied,
is intended to or shall be construed to impose upon the Agents any obligations in respect of this Agreement or any other Loan Document
except as expressly set forth herein or therein. Each Lender shall make its own independent investigation of the financial condition
and affairs of the Loan Parties in connection with the making and the continuance of the Loans hereunder and shall make its own appraisal
of the creditworthiness of the Loan Parties and the value of the Collateral without reliance upon the Administrative Agent or any other
Lender or any of their Related Parties, and neither the Agents nor any of their Related Parties shall have any duty or responsibility,
either initially or on a continuing basis, to provide any Lender with any credit or other information with respect thereto, whether coming
into their possession before the initial Loan hereunder or at any time or times thereafter, provided that upon the reasonable request
of a Lender, each Agent shall provide to such Lender any documents or reports delivered to such Agent by the Loan Parties pursuant to
the terms of this Agreement or any other Loan Document. If any Agent seeks the consent or approval of the Required Lenders (or such other
number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents) to the taking or refraining
from taking any action hereunder, such Agent shall send notice thereof to each Lender. Each Agent shall promptly notify each Lender any
time that the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the
other Loan Documents) have instructed such Agent to act or refrain from acting pursuant hereto.