SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: 8-K
Document Type: EX-10.1
Date Filed: 2025-06-04
Accession Number: 0001213900-25-050984
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000121390025050984/ea024464201ex10-1_synergy.htm

Chunk 57 of 63
Word Count: 1424
Character Count: 8764

Document Content:

be at least three Business Days after the delivery thereof to the Administrative Agent (or such shorter period as shall be agreed to by the Administrative Agent and the parties to such assignment), (A) the assignee thereunder shall become a “Lender” hereunder and, in addition to the rights and obligations hereunder held by it immediately prior to such effective date, have the rights and obligations hereunder that have been assigned to it pursuant to such Assignment and Acceptance and (B) the assigning Lender thereunder shall, to the extent that rights and obligations hereunder have been assigned by it pursuant to such Assignment and Acceptance, relinquish its rights and be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto).

executing and delivering an Assignment and Acceptance, the assigning Lender and the assignee thereunder confirm to and agree with each
other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, the assigning Lender makes
no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in
connection with this Agreement or any other Loan Document or the execution, legality, validity, enforceability, genuineness, sufficiency
or value of this Agreement or any other Loan Document furnished pursuant hereto; (ii) the assigning Lender makes no representation or
warranty and assumes no responsibility with respect to the financial condition of any Loan Party or any of its Subsidiaries or the performance
or observance by any Loan Party of any of its obligations under this Agreement or any other Loan Document furnished pursuant hereto; (iii)
such assignee confirms that it has received a copy of this Agreement and the other Loan Documents, together with such other documents
and information it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance; (iv)
such assignee will, independently and without reliance upon the assigning Lender, any Agent or any Lender and based on such documents
and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under
this Agreement and the other Loan Documents; (v) such assignee appoints and authorizes the Agents to take such action as agents on its
behalf and to exercise such powers under this Agreement and the other Loan Documents as are delegated to the Agents by the terms hereof
and thereof, together with such powers as are reasonably incidental hereto and thereto; and (vi) such assignee agrees that it will perform
in accordance with their terms all of the obligations which by the terms of this Agreement and the other Loan Documents are required to
be performed by it as a Lender.

(f) The
Administrative Agent shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain, or cause to be maintained
at the Payment Office, a copy of each Assignment and Acceptance delivered to and accepted by it and a register (the “Register”)
for the recordation of the names and addresses of the Lenders and the Commitments of, and the principal amount of the Loans (and stated
interest thereon) (the “Registered Loans”) owing to each Lender from time to time. The entries in the Register
shall be conclusive and binding for all purposes, absent manifest error, and the Borrower, the Agents and the Lenders shall treat each
Person whose name is recorded in the Register as a Lender hereunder for all purposes of this Agreement. The Register shall be available
for inspection by the Borrower and any Lender at any reasonable time and from time to time upon reasonable prior notice.

(g) Upon
receipt by the Administrative Agent of a completed Assignment and Acceptance, and subject to any consent required from the Administrative
Agent pursuant to Section 11.7(b) (which consent of the applicable Agent must be evidenced by such Agent’s execution of an acceptance
to such Assignment and Acceptance), the Administrative Agent shall accept such assignment, record the information contained therein in
the Register (as adjusted to reflect any principal payments on or amounts capitalized and added to the principal balance of the Loans
and/or Commitment reductions made subsequent to the effective date of the applicable assignment, as confirmed in writing by the corresponding
assignor and assignee in conjunction with delivery of the assignment to the Administrative Agent) and provide to the Collateral Agent
a copy of the fully executed Assignment and Acceptance.

Registered Loan (and the registered note, if any, evidencing the same) may be assigned or sold in whole or in part only by registration
of such assignment or sale on the Register (and each registered note shall expressly so provide). Any assignment or sale of all or part
of such Registered Loan (and the registered note, if any, evidencing the same) may be effected only by registration of such assignment
or sale on the Register, together with the surrender of the registered note, if any, evidencing the same duly endorsed by (or accompanied
by a written instrument of assignment or sale duly executed by) the holder of such registered note, whereupon, at the request of the designated
assignee(s) or transferee(s), one or more new registered notes in the same aggregate principal amount shall be issued to the designated
assignee(s) or transferee(s).

(i) If any Lender sells participations
in a Registered Loan, such Lender shall, acting for this purpose as a non-fiduciary agent on behalf of the Borrower, maintain, or cause
to be maintained, a register, on which it enters the name of all participants in the Registered Loans held by it and the principal amount
(and stated interest thereon) of the portion of the Registered Loan that is the subject of the participation (the “Participant
Register”). A Registered Loan (and the registered note, if any, evidencing the same) may be participated in whole or in part
only by registration of such participation on the Participant Register (and each registered note shall expressly so provide). Any participation
of such Registered Loan (and the registered note, if any, evidencing the same) may be effected only by the registration of such participation
on the Participant Register. The Participant Register shall be available for inspection by the Borrower and any Lender at any reasonable
time and from time to time upon reasonable prior notice.

(j) Any
Foreign Lender who purchases or is assigned or participates in any portion of such Registered Loan shall comply with Section 2.9(d).

(k) Each
Lender may sell participations to one or more banks or other entities in or to all or a portion of its rights and obligations under this
Agreement and the other Loan Documents (including, without limitation, all or a portion of its Commitments and the Loans made by it);
provided that (i) such Lender’s obligations under this Agreement (including without limitation, its Commitments hereunder) and the
other Loan Documents shall remain unchanged; (ii) such Lender shall remain solely responsible to the other parties hereto for the performance
of such obligations, and the Borrower, the Agents and the other Lenders shall continue to deal solely and directly with such Lender in
connection with such Lender’s rights and obligations under this Agreement and the other Loan Documents; and (iii) a participant
shall not be entitled to require such Lender to take or omit to take any action hereunder except (A) action directly effecting an extension
of the maturity dates or decrease in the principal amount of the Loans, (B) action directly effecting an extension of the due dates or
a decrease in the rate of interest payable on the Loans or the fees payable under this Agreement, or (C) actions directly effecting a
release of all or a substantial portion of the Collateral or any Loan Party (except as set forth in Section 9.8 or any other Loan Document).
The Loan Parties agree that each participant shall be entitled to the benefits of Sections 2.9 and 2.10 with respect to its participation
in any portion of the Commitments and the Loans as if it was a Lender; provided that such participant (x) agrees to be subject to the
provisions of Section 2.12 as if it were an assignee under Section 11.7(b); and (y) shall not be entitled to receive any greater payment
under Section 2.9 or 2.10, with respect to any participation, than its participating Lender would have been entitled to receive.