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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to provide any such benefits for any current employee after such employee’s termination of employment. (j) Taxes, Etc. (i) All United States federal income Tax returns and all other material state and local Tax returns and other reports required by applicable Requirements of Law to be filed by any Loan Party have been timely filed and (ii) all required Taxes imposed upon any Loan Party or any property of any Loan Party which have become due and payable on or prior to the date hereof have been paid, except (A) unpaid Taxes in an aggregate amount at any one time not in excess of $50,000, or (B) Taxes contested in good faith by proper proceedings which stay the imposition of any Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereof on the Financial Statements in accordance with GAAP.

(k) Regulations
T, U and X. No Loan Party is or will be engaged in the business of extending credit for the purpose of purchasing or carrying margin
stock (within the meaning of Regulation T, U or X), and no proceeds of any Loan will be used to purchase or carry any margin stock or
to extend credit to others for the purpose of purchasing or carrying any margin stock or for any purpose that violates, or is inconsistent
with, the provisions of Regulation T, U and X.

Nature of Business.

No Loan Party is engaged in any business other than the Permitted Business.

The Borrower does not have any material liabilities (other than liabilities arising under the Loan Documents and the Sanders Notes),
own any material assets (other than the Equity Interests of its Subsidiaries) or engage in any operations or business (other than the
ownership of its Subsidiaries).

(m) Adverse
Agreements, Etc. No Loan Party or any of its Subsidiaries is a party to any Contractual Obligation or subject to any restriction
or limitation in any Governing Document or any judgment, order, regulation, ruling or other requirement of a court or other Governmental
Authority, which (either individually or in the aggregate) has, or in the future could reasonably be expected (either individually or
in the aggregate) to have, a Material Adverse Effect.

(n) Permits,
Etc. Each Loan Party has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations
required for such Person lawfully to own, lease, manage or operate, or to acquire, each business and Facility currently owned, leased,
managed or operated, or to be acquired, by such Person, except to the extent the failure to have or be in compliance therewith could
not reasonably be expected to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the
giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such
permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and
effect.

Properties.

(i) Each
Loan Party owns (with good and marketable title in the case of owned real property, subject only to the matters permitted by the following
sentence), or has valid leasehold interests in or valid licenses to use, all property and assets material to its business, free and clear
of all Liens except Permitted Liens and minor defects in title to the extent such defects do not interfere with its ability to conduct
its business as currently conducted or to utilize such properties for their intended purposes, in each case, in any material respect.
All such property and assets are generally in good operating order and condition, ordinary wear and tear excepted.

(ii) Schedule
6.1(o) sets forth a complete and accurate list, as of the Effective Date, of the address of each Facility owned or leased by each Loan
Party, and identifies the interest (fee or leasehold) of such Loan Party therein. As of the Effective Date, each Loan Party has valid
leasehold interests in the Leases described on Schedule 6.1(o) to which it is a party. True, complete and correct copies of each such
Lease have been made available to the Administrative Agent on or prior to the Effective Date except as otherwise set forth on Schedule
6.1(o). As of the Effective Date, each such Lease is valid and enforceable in accordance with its terms in all material respects and
is in full force and effect subject to laws affecting the enforcement of creditors’ rights generally and by general principles
of equity. To the knowledge of each Loan Party, no consent or approval of any landlord or other third party in connection with any such
Lease is necessary for any Loan Party to enter into and execute the Loan Documents to which it is a party, except as set forth on Schedule
6.1(o). Except as set forth on Schedule 6.1(o), to the knowledge of any Loan Party, as of the Effective Date, (A) no other party to any
such Lease is in default of its material obligations thereunder, (B) no Loan Party (or any other party to any such Lease) has at any
time delivered or received any notice of material default which remains uncured under any such Lease and (C) no event has occurred which,
with the giving of notice or the passage of time or both, would constitute a material default under any such Lease.

(p) Employee
and Labor Matters. Except as set forth on Schedule 6.1(p), (i) each Loan Party and its Subsidiaries is in compliance with all Requirements
of Law in all material respects pertaining to employment and employment practices, terms and conditions of employment, wages and hours,
and occupational safety and health, (ii) no Loan Party or any Subsidiary is party to any collective bargaining agreement, nor has any
labor union been recognized as the representative of the employees of any Loan Party of Subsidiary, (iii) there is no unfair labor practice
complaint pending or, to the best knowledge of any Loan Party, threatened against any Loan Party or any Subsidiary before any Governmental
Authority and no grievance or arbitration proceeding pending or threatened against any Loan Party or any Subsidiary which arises out
of or under any collective bargaining agreement, (iv) there has been no strike, work stoppage, slowdown, lockout, or other labor dispute
pending or threatened against any Loan Party or any Subsidiary, and (v) to the best knowledge of each Loan Party, no labor organization
or group of employees has made a pending demand for recognition or certification, and there are no representation or certification proceedings
or petitions seeking a representation proceeding presently pending or threatened to be brought or filed, with the National Labor Relations
Board or any other labor relations tribunal or authority. No Loan Party or Subsidiary has incurred any liability or obligation under
the Worker Adjustment and Retraining Notification Act (“WARN”) or any similar Requirement of Law, which remains unpaid
or unsatisfied. All material payments due from any Loan Party or Subsidiary on account of wages and employee health and welfare insurance
and other benefits have been paid or accrued as a liability on the books of such Loan Party or Subsidiary.

(q) Environmental
Matters. Except as set forth on Schedule 6.1(q) hereto, (i) no Loan Party or any of its Subsidiaries is in violation of any Environmental
Law, (ii) each Loan Party and its Subsidiaries has, and is in compliance with, all Environmental Permits for its respective operations
and businesses, except to the extent any failure to have or be in compliance therewith could not reasonably be expected to have a Material
Adverse Effect, (iii) there has been no Release of Hazardous Materials at any properties currently or formerly owned, leased or operated
by any Loan Party, its Subsidiaries or a respective predecessor in interest or at any disposal or treatment facility which received Hazardous
Materials generated by any Loan Party, its Subsidiaries or any respective predecessor in interest, which in any case of the foregoing
could reasonably be expected to have a Material Adverse Effect, (iv) there are no pending or threatened Environmental Claims against,
or Environmental Liability of, any Loan Party, its Subsidiaries or any respective predecessor in interest that could reasonably be expected
to have a Material Adverse Effect, (v) neither any Loan Party nor any of its Subsidiaries is performing or responsible for any Remedial
Action that could reasonably be expected to have a Material Adverse Effect, and (vi) the Loan Parties have provided to the Collateral
Agent and Lenders true and complete copies of all material environmental reports, audits and investigations in the possession or control
of any Loan Party or any of its Subsidiaries with respect to the operations and business of the Loan Parties and its Subsidiaries.