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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31, 2017 shall be applied. (b) All terms used in this Agreement which are defined in Article 8 or 9 of the Uniform Commercial Code as in effect from time to time in the State of New York (the “UCC” or “Uniform Commercial Code”) and which are not otherwise defined herein shall have the same meanings herein as set forth therein; provided that terms used herein which are defined in the Uniform Commercial Code as in effect in the State of New York on the date hereof shall continue to have the same meaning notwithstanding any replacement or amendment of such statute, except as any Agent may otherwise determine. Section 1.5. Pro Forma Calculations. connection with the calculation of any ratio or other financial covenant hereunder (including any component definitions thereof) on a “pro forma basis”, or giving “pro forma effect” to compliance of any transaction for a particular period:

(a) the
incurrence, repayment or retirement of any Indebtedness by such Person and its Subsidiaries since the first day of such period shall
be deemed to have been incurred, repaid or retired on the first day of such period; provided that (i) interest on Indebtedness bearing
a floating interest rate will be computed as if the rate at the time of computation had been the applicable rate for the entire period,
(ii) if such Indebtedness bears, at the option of such Person and its Subsidiaries, a fixed or floating rate of interest, interest thereon
will be computed by applying, at the option of such Person, either the fixed or floating rate and (iii) the amount of Indebtedness under
a revolving credit facility will be computed based upon the average daily balance of such Indebtedness during such period; and

(b) the
Acquisition (whether by purchase, merger or otherwise) or Disposition (whether by sale, merger or otherwise) of any property or assets
acquired or disposed of by such Person and its Subsidiaries since the first day of such period shall be deemed to have occurred on the
first day of such period.

Section
1.6. Time References. Unless otherwise indicated herein, all references to time of day refer to Eastern Standard Time or Eastern
Daylight Saving Time, as in effect in New York City on such day. For purposes of the computation of a period of time from a specified
date to a later specified date, the word “from” means “from and including” and the words “to” and
“until” each means “to but excluding”; provided, however, that with respect to a computation of fees or interest
payable to any Secured Party, such period shall in any event consist of at least one full day.

Section
1.7. Obligation to Make Payments in Dollars. All payments to be made by any Loan Party of principal, interest, fees and other
Obligations under any Loan Document shall be made in Dollars in same day funds, and no obligation of any Loan Party to make any such
payment shall be discharged or satisfied by any payment other than payments made in Dollars in same day funds.

Section
1.8. Interest Rates Disclaimer. The Administrative Agent does not warrant or accept responsibility for, and shall not have
any liability with respect to (a) the continuation of, administration of, submission of, calculation of or any other matter related to
the Reference Rate, the Term SOFR Reference Rate or Term SOFR, any component definition thereof or rates referred to in the definition
thereof, or any alternative, successor or replacement rate thereto (including any Benchmark Replacement), including whether the composition
or characteristics of any such alternative, successor or replacement rate (including any Benchmark Replacement) will be similar to, or
produce the same value or economic equivalence of, or have the same volume or liquidity as, the Reference Rate, the Term SOFR Reference
Rate, Term SOFR or any other Benchmark prior to its discontinuance or unavailability, or (b) the effect, implementation or composition
of any Conforming Changes. The Administrative Agent and its Affiliates or other related entities may engage in transactions that affect
the calculation of the Reference Rate, the Term SOFR Reference Rate, Term SOFR or any other Benchmark, any alternative, successor or
replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the
Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain the Reference
Rate or the Benchmark, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender
or any other Person for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs,
losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such
rate (or component thereof) provided by any such information source or service.

ARTICLE

THE
LOANS

Section
2.1. Commitments.

(a) Subject
to the terms and conditions and relying upon the representations and warranties herein set forth herein, (i) each Initial Term Loan Lender
severally agrees to make the Initial Term Loan to the Borrower on the Effective Date, in an aggregate principal amount not to exceed
the amount of such Lender’s Initial Term Loan Commitment and (ii) each Delayed Draw Term Loan Lender severally agrees to make the
Delayed Draw Term Loan to the Borrower during the Delayed Draw Term Loan Availability Period, in an aggregate principal amount not to
exceed the amount of such Lender’s Delayed Draw Term Loan Commitment.

(b) Notwithstanding
the foregoing, the aggregate principal amount of the Term Loans shall not exceed the Total Commitment. Any principal amount of the Term
Loan which is repaid or prepaid may not be reborrowed.

Section
2.2. Making the Loans.

(a) The
Borrower shall give the Administrative Agent prior written notice (in substantially the form of Exhibit E hereto (a “Notice
of Borrowing”)), not later than 12:00 noon (New York City time) on the date which is twelve (12) Business Days prior to the
date of the proposed Loan (or such shorter period as the Administrative Agent is willing to accommodate from time to time, but in no
event later than 12:00 noon (New York City time) on the borrowing date of the proposed Loan). Such Notice of Borrowing shall be irrevocable
and shall specify (i) the principal amount of the proposed Loan, (ii) in the case of Loans requested on the Effective Date, (iii) whether
the Loan is requested to be a Reference Rate Loan or a Term SOFR Rate Loan and, in the case of a Term SOFR Rate Loan, the initial Interest
Period with respect thereto, (iv)  the use of proceeds of such proposed Loan, and (v) the proposed borrowing date, which must be
a Business Day, and, (x) with respect to the Initial Term Loan, must be the Effective Date and (y)  with respect to the Delayed
Draw Term Loan, must be during the Delayed Draw Term Loan Availability Period. The Administrative Agent and the Lenders may act without
liability upon the basis of written, telecopied or telephonic notice believed by the Administrative Agent in good faith to be from the
Borrower (or from any Authorized Officer thereof designated in writing purportedly from the Borrower to the Administrative Agent). Each
Borrower hereby waives the right to dispute the Administrative Agent’s record of the terms of any such telephonic Notice of Borrowing.
The Administrative Agent and each Lender shall be entitled to rely conclusively on any Authorized Officer’s authority to request
a Loan on behalf of the Borrower until the Administrative Agent receives written notice to the contrary. The Administrative Agent and
the Lenders shall have no duty to verify the authenticity of the signature appearing on any written Notice of Borrowing.

(b) Each
Notice of Borrowing pursuant to this Section 2.2 shall be irrevocable and the Borrower shall be bound to make a borrowing in accordance
therewith. The Delayed Draw Term Loan shall be made in a minimum amount of $500,000 or in an integral multiple of $500,000 in excess
thereof up to the amount of the Total Delayed Draw Term Loan Commitment.

(c) All
Loans under this Agreement shall be made by the Lenders simultaneously and proportionately to their Pro Rata Shares, it being understood
that no Lender shall be responsible for any default by any other Lender in that other Lender’s obligations to make a Loan requested
hereunder, nor shall the Commitment of any Lender be increased or decreased as a result of the default by any other Lender in that other
Lender’s obligation to make a Loan requested hereunder, and each Lender shall be obligated to make the Loans required to be made
by it by the terms of this Agreement regardless of the failure by any other Lender.

Section
2.3. Repayment of Loans; Evidence of Debt.

(a) The
outstanding principal amount of the Term Loan shall be repayable on the following dates and in the following amounts set forth opposite
such dates:

Date	Amount

January

April

July