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

Chunk 55 of 68
Word Count: 1441
Character Count: 9062

Document Content:

(a) remain in full force and effect until the later of the cash payment in full of the Guaranteed Obligations (other than Contingent Indemnity Obligations) and all other amounts payable under this Article X and the Termination Date shall have occurred, (b) be binding upon each Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties and their successors, pledgees, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may pledge, assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitments or its Loans owing to it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted such Lender herein or otherwise, in each case as provided in Section 11.7.

Section
10.5. Subrogation. No Guarantor will exercise any rights that it may now or hereafter acquire against any Loan Party or any
other guarantor that arise from the existence, payment, performance or enforcement of such Guarantor’s obligations under this Article
X, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution or indemnification and any right
to participate in any claim or remedy of the Secured Parties against any Loan Party or any other guarantor or any Collateral, whether
or not such claim, remedy or right arises in equity or under contract, statute or common law, including, without limitation, the right
to take or receive from any Loan Party or any other guarantor, directly or indirectly, in cash or other property or by set-off or in
any other manner, payment or security solely on account of such claim, remedy or right, unless and until all of the Guaranteed Obligations
(other than Contingent Indemnity Obligations) and all other amounts payable under this Article X shall have been paid in full in cash
and the Termination Date shall have occurred. If any amount shall be paid to any Guarantor in violation of the immediately preceding
sentence at any time prior to the later of the payment in full in cash of the Guaranteed Obligations (other than Contingent Indemnity
Obligations) and all other amounts payable under this Article X and the occurrence of the Termination Date, such amount shall be held
in trust for the benefit of the Secured Parties and shall forthwith be paid to the Secured Parties to be credited and applied to the
Guaranteed Obligations and all other amounts payable under this Article X, whether matured or unmatured, in accordance with the terms
of this Agreement, or to be held as Collateral for any Guaranteed Obligations or other amounts payable under this Article X thereafter
arising. If (i) any Guarantor shall make payment to the Secured Parties of all or any part of the Guaranteed Obligations, (ii) all of
the Guaranteed Obligations and all other amounts payable under this Article X shall be paid in full in cash and (iii) the Termination
Date shall have occurred, the Secured Parties will, at such Guarantor’s request and expense, execute and deliver to such Guarantor
appropriate documents, without recourse and without representation or warranty, necessary to evidence the transfer by subrogation to
such Guarantor of an interest in the Guaranteed Obligations resulting from such payment by such Guarantor.

Section
10.6. Contribution. All Guarantors desire to allocate among themselves, in a fair and equitable manner, their obligations
arising under this Guaranty. Accordingly, in the event any payment or distribution is made on any date by a Guarantor under this Guaranty
such that its Aggregate Payments exceeds its Fair Share as of such date, such Guarantor shall be entitled to a contribution from each
of the other Guarantors in an amount sufficient to cause each Guarantor’s Aggregate Payments to equal its Fair Share as of such
date. “Fair Share” means, with respect to any Guarantor as of any date of determination, an amount equal to (a) the
ratio of (i) the Fair Share Contribution Amount with respect to such Guarantor to (ii) the aggregate of the Fair Share Contribution Amounts
with respect to all Guarantors multiplied by (b) the aggregate amount paid or distributed on or before such date by all Guarantors under
this Guaranty in respect of the Guaranteed Obligations. “Fair Share Contribution Amount” means, with respect to any
Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Guarantor under this Guaranty that
would not render its obligations hereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11
of the United States Code or any comparable applicable provisions of state law; provided solely for purposes of calculating the “Fair
Share Contribution Amount” with respect to any Guarantor for purposes of this Section 10.6, any assets or liabilities of such Guarantor
arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder
shall not be considered as assets or liabilities of such Guarantor. “Aggregate Payments” means, with respect
to any Guarantor as of any date of determination, an amount equal to (A) the aggregate amount of all payments and distributions made
on or before such date by such Guarantor in respect of this Guaranty (including, without limitation, in respect of this Section 10.6),
minus (B) the aggregate amount of all payments received on or before such date by such Guarantor from the other Guarantors as contributions
under this Section 10.6. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment
or distribution is made by the applicable Guarantor. The allocation among Guarantors of their obligations as set forth in this Section
10.6 shall not be construed in any way to limit the liability of any Guarantor hereunder. Each Guarantor is a third-party beneficiary
to the contribution agreement set forth in this Section 10.6.

ARTICLE

MISCELLANEOUS

Section
11.1. Notices, Etc.

(a) Notices
Generally. All notices and other communications provided for hereunder shall be in writing and shall be delivered by hand, sent by
registered or certified mail (postage prepaid, return receipt requested), overnight courier, or fax. In the case of notices or other
communications to any Loan Party, Administrative Agent or the Collateral Agent, as the case may be, they shall be sent to the respective
address set forth below (or, as to each party, at such other address as shall be designated by such party in a written notice to the
other parties complying as to delivery with the terms of this Section 11.1):

to any Loan Party, to it at the following address:

Synergy
CHC Corp.

Box 22

Sebago,

Attention:   Jack
Ross

Email:   jack@synergychc.com

with
a copy to:

Nelson
Mullins Riley & Scarborough LLP

One
Financial Center, Suite 3500

Boston,

Attention:    James
W. Bartling, Esq.

Telephone:    (617)

Email:
jim.bartling@nelsonmullins.com

to the Administrative Agent or the Collateral Agent, to it at the

following address:

ACP
Agency, LLC

Acme Credit Partners, LLC

Lexington Ave, 14th Floor

New York, New York 10022

Attention: Peter Eschmann

Telephone: 646-357-8385

Email: peschmann@acmecreditpartners.com

each case, with a copy to:

KTBS
Law LLP

Century Park East, 26th Floor

Los Angeles, CA 90067

Attention: David
A. Fidler, Esq.

Telephone:

Fax:

Email:
dfidler@ktbslaw.com

All
notices or other communications sent in accordance with this Section 11.1, shall be deemed received on the earlier of the date of actual
receipt or three (3) Business Days after the deposit thereof in the mail; provided that (i) notices sent by overnight courier service
shall be deemed to have been given when received and (ii) notices by fax shall be deemed to have been given when sent (except that, if
not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business
Day for the recipient), provided, further, that notices to any Agent pursuant to Article II shall not be effective until received by
such Agent.

Electronic Communications.

(i) Each
Agent and the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications
pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications.
Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communication (including e-mail
and Internet or intranet websites) pursuant to procedures approved by the Agents, provided that the foregoing shall not apply to notices
to any Lender pursuant to Article II, if such Lender has notified the Agents that it is incapable of receiving notices under such Article
by electronic communication.