SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: S-3
Document Type: EX-4.5
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/ea026681201ex4-5_synergy.htm

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transfer in form satisfactory to the Issuer and the Trustee duly executed by the registered Holder or his attorney duly authorized in writing. All Securities surrendered for conversion shall, if surrendered to the Issuer or any conversion agent, be delivered to the Trustee for cancellation and cancelled by it, or shall, if surrendered to the Trustee, be cancelled by it, as provided in Section 2.10. The initial conversion price or conversion rate in respect of a series of Securities shall be as specified in the Securities of such series. The conversion price or conversion rate will be subject to adjustment on the terms set forth in Section 12.05 or such other or different terms, if any, as may be specified by Section 2.03 for Securities of such series. Provisions of this Indenture that apply to conversion of all of a Security also apply to conversion of a portion of it.

Section 12.03 Issuance
of Shares of Capital Stock on Conversion. As promptly as practicable after the surrender, as herein provided, of any Security or Securities
for conversion, the Issuer shall deliver or cause to be delivered at its said office or agency to or upon the written order of the Holder
of the Security or Securities so surrendered a certificate or certificates representing the number of duly authorized, validly issued,
fully paid and nonassessable shares of Capital Stock into which such Security or Securities may be converted in accordance with the terms
thereof and the provisions of this Article 12. Prior to delivery of such certificate or certificates, the Issuer shall require a written
notice at its said office or agency from the Holder of the Security or Securities so surrendered stating that the Holder irrevocably elects
to convert such Security or Securities, or, if less than the entire Principal amount thereof is to be converted, stating the portion thereof
to be converted. Such notice shall also state the name or names (with address and social security or other taxpayer identification number)
in which said certificate or certificates are to be issued. Such conversion shall be deemed to have been made at the time that such Security
or Securities shall have been surrendered for conversion and such notice shall have been received by the Issuer or the Trustee, the rights
of the Holder of such Security or Securities as a Securityholder shall cease at such time, the person or persons entitled to receive the
shares of Capital Stock upon conversion of such Security or Securities shall be treated for all purposes as having become the record holder
or holders of such shares of Capital Stock at such time and such conversion shall be at the conversion rate in effect at such time. In
the case of any Security of any series which is converted in part only, upon such conversion, the Issuer shall execute and the Trustee
shall authenticate and deliver to the Holder thereof, as requested by such Holder, a new Security or Securities of such series of authorized
denominations in aggregate Principal amount equal to the unconverted portion of such Security.

If the last day on which a
Security may be converted is not a Business Day in a place where a conversion agent is located, the Security may be surrendered to that
conversion agent on the next succeeding day that is a Business Day.

The Issuer will not be required
to deliver certificates for shares of Capital Stock upon conversion while its stock transfer books are closed for a meeting of shareholders
or for the payment of dividends or for any other purpose, but certificates for shares of Capital Stock shall be delivered as soon as the
stock transfer books shall again be opened.

Section 12.04 No Payment
or Adjustment for Interest or Dividends. Unless otherwise specified as contemplated by Section 2.03 for Securities of such series,
Securities surrendered for conversion during the period from the close of business on any regular record date (or special record date
for payment of defaulted interest) next preceding any interest payment date to the opening of business on such interest payment date (except
Securities called for redemption on a redemption date within such period) when surrendered for conversion must be accompanied by payment
of an amount equal to the interest thereon which the registered Holder is to receive on such interest payment date. Payment of interest
shall be made, as of such interest payment date or such date, as the case may be, to the Holder of record of the Securities as of such
regular, or special record date, as applicable. Except where Securities surrendered for conversion must be accompanied by payment as described
above, no interest on converted Securities will be payable by the Issuer on any interest payment date subsequent to the date of conversion.
No other payment or adjustment for interest or dividends is to be made upon conversion. Notwithstanding the foregoing, upon conversion
of any Original Issue Discount Security, the fixed number of shares of Capital Stock into which such Security is convertible delivered
by the Issuer to the Holder thereof shall be applied, first, to pay the accrued original issue discount attributable to the period from
the date of issuance to the date of conversion of such Security, and, second, to pay the balance of the Principal amount of such Security.

Section 12.05 Adjustment
of Conversion Rate. Unless otherwise specified as contemplated by Section 2.03 for Securities of such series, the conversion rate
for Securities in effect at any time shall be subject to adjustment as follows:

(a) In case the
Issuer shall (i) declare a dividend or make a distribution on the class of Capital Stock into which Securities of such series are convertible
in shares of its Capital Stock, (ii) subdivide the outstanding shares of the class of Capital Stock into which Securities of such series
are convertible into a greater number of shares, (iii) combine the outstanding shares of the class of Capital Stock into which Securities
of such series are convertible into a smaller number of shares or (iv) issue by reclassification of the shares of the class of Capital
Stock into which Securities of such series are convertible (including any such reclassification in connection with a consolidation or
merger in which the Issuer is the continuing corporation) any shares, the conversion rate for the Securities of such series in effect
at the time of the record subdivision, combination or reclassification, shall be proportionately adjusted so that the Holder of any Security
of such series surrendered for conversion after such time shall be entitled to receive the number and kind of shares which he would have
owned or have been entitled to receive had such Security been converted immediately prior to such time. Similar adjustments shall be made
whenever any event listed above shall occur.