SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: 8-K
Document Type: EX-10.1
Date Filed: 2026-05-11
Accession Number: 0001213900-26-054186
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000121390026054186/ea028992901ex10-1.htm

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to the terms and conditions of this Agreement. “Put Date” shall mean any Trading Day during the Commitment Period that a Put Notice is deemed delivered pursuant to Section 2.2(b). “Put Notice” shall mean a written notice, substantially in the form of Exhibit A hereto, to Investor setting forth the Put Shares which the Company intends to require Investor to purchase pursuant to the terms of this Agreement. “Put Shares” shall mean all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement. “Registration Rights Agreement” shall mean that certain registration rights agreement entered into by the Company with the Investor on the date hereof in connection with this Agreement. “Registration Statement” shall have the meaning specified in Section 6.4. “Regulation D” shall mean Regulation D promulgated under the Securities Act.

“Required
Minimum” shall mean, as of any date, the maximum aggregate number of shares of Common
Stock potentially issuable at such time pursuant to the Transaction Documents, which shall be calculated on each such date as follows:
the then remaining Maximum Commitment Amount divided by the Initial Purchase Price on each such date, ignoring any beneficial ownership
limitations set forth herein.

“Rule 144”
shall mean Rule 144 under the Securities Act or any similar provision then in force under the Securities Act.

“SEC”
shall mean the United States Securities and Exchange Commission.

“SEC Documents”
shall have the meaning specified in Section 4.5.

“Securities”
means, collectively, the Put Shares, Warrants, and Exercise Shares.

“Securities
Act” shall mean the Securities Act of 1933, as amended.

“Shareholder
Approval” shall mean the approval of a sufficient amount of holders of the Company’s Common Stock to satisfy the shareholder
approval requirements for such action as provided in Nasdaq Rule 5635(d), to effectuate the transactions contemplated by this Agreement,
including but not limited to the issuance of Common Stock under this Agreement, including but not limited to the Put Shares and Exercise
Shares, in excess of 2,978,486 shares of Common Stock (the “Exchange Cap”), subject to appropriate adjustment for any stock
dividend, stock split, stock combination, rights offerings, reclassification or similar transaction that proportionately decreases or
increases the Common Stock.

“Subsidiary”
means any Person the Company wholly-owns or controls, or in which the Company, directly or indirectly, owns a majority of the voting stock
or similar voting interest, in each case that would be disclosable pursuant to Item 601(b)(21) of Regulation S-K promulgated under the
Securities Act.

“Third
Party Claim” shall have the meaning specified in Section 9.3(a).

“Trading
Day” shall mean a day on which the Principal Market shall be open for business.

“Transaction
Documents” shall mean this Agreement, the Registration Rights Agreement, Warrants, and all exhibits hereto and thereto.

“Transfer
Agent” shall mean VStock Transfer LLC, the current transfer agent of the Company, with
a mailing address of 18 Lafayette Place, Woodmere, NY 11598, and any successor transfer agent of the Company.

“Valuation
Period” shall mean the period beginning on the Put Date and continuing through the date that is three (3) Trading Days immediately
following the Clearing Date associated with the applicable Put Notice.

“Warrants”
shall mean that certain common stock purchase warrant for the purchase of 1,540,000 shares of the Common Stock (subject to adjustment
as provided therein) which shall be issued to Investor on the date of this Agreement.

ARTICLE II

PURCHASE AND SALE OF COMMON STOCK

Section 2.1  PUTS.
Subject to the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall
have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time, to
purchase Put Shares (i) in a minimum amount not less than $25,000.00 (calculated using the Initial Purchase Price) and (ii) in a maximum
amount up to the lesser of (a) $2,500,000.00 (calculated using the Initial Purchase Price) or (b) 200% of the Average Daily Trading Value.

Section
2.2 MECHANICS.

PUT NOTICE. At any time and from time to time during the Commitment Period, except as provided in this Agreement, the Company may
deliver a Put Notice to Investor, subject to satisfaction of the conditions set forth in Section 7.2 and otherwise provided herein. The
initial price per share identified in the respective Put Notice shall be equal to the Initial Purchase Price and shall also be used for
purposes of determining the number of shares of Common Stock that the Company can issue pursuant to a respective Put Notice in accordance
with Section 2.1 of this Agreement. At the end of the Valuation Period, the Purchase Price for the respective Put Shares and Investment
Amount shall be established as further provided in this Agreement. The Company shall deliver, or cause to be delivered, the Put Shares
as DWAC Shares to the Investor on or before 4:30 p.m. Eastern time, on the Put Date. In addition to any other rights available to the
Investor, if the Company fails to cause the Company’s transfer agent to deliver to the Investor the respective Put Shares in accordance
with the provisions of this Agreement, and if after such date the Investor is required by its broker to purchase (in an open market transaction
or otherwise) or the Investor’s brokerage firm otherwise purchases, shares of Common Stock to deliver in satisfaction of a sale
by the Investor of the respective Put Shares which the Investor anticipated receiving upon receipt of the respective Put Notice (a “Buy-In”),
then the Company shall pay in cash to the Investor, within one (1) business day of Investor’s request, the amount, if any, by which
(x) the Investor’s total purchase price (including brokerage commissions, if any) for the shares of Common Stock so purchased exceeds
(y) the product of (1) the number of Put Shares that the Company was required to deliver to the Investor in connection with the respective
Put Notice times (2) the price at which the sell order giving rise to such purchase obligation was executed. For example, if the Investor
purchases Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to such Put Shares with an aggregate sale
price giving rise to such purchase obligation of $10,000, the Company shall be required to pay $1,000 to the Investor. The Investor shall
provide the Company written notice indicating the amounts payable to the Investor in respect of the Buy-In and, upon request of the Company,
evidence of the amount of such loss. Nothing herein shall limit an Investor’s right to pursue any other remedies available to it
hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to
the Company’s failure to timely deliver Put Shares as required pursuant to the terms hereof.

DATE OF DELIVERY OF PUT NOTICE. A Put Notice shall be deemed delivered on (i) the Trading Day it is received by email by the Investor
if such notice is received on or prior to 2:30 p.m. Eastern time, or (ii) the immediately succeeding Trading Day if it is received by
email after 2:30 p.m. Eastern time on a Trading Day or at any time on a day which is not a Trading Day. The Company shall not deliver
a Put Notice to the Investor during the period beginning on the Put Date of the immediately prior Put Notice and continuing through the
date that is three (3) Trading Days following the Clearing Date associated with the immediately prior Put Notice (the “Cooldown
Period”), provided, however, that the respective Cooldown Period shall not apply to the immediately prior Put Notice if (i) the
Put Shares for the immediately prior Put Notice have been delivered to the Investor pursuant to the terms of this Agreement and (ii) the
trading volume of the Common Stock on any Trading Day during the respective Cooldown Period exceeds 300% of the total Put Shares of the
immediately prior Put Notice (the “Cooldown Waiver Trigger”). Notwithstanding anything herein to the contrary, all trading
volume of the Common Stock on the respective Put Date that occurs prior to the specific time that the Put Notice is delivered to Investor
shall not count towards the Cooldown Waiver Trigger.