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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hereto without any duty to account to the other Lenders. Section 9.7. Successor Agent. (a) Any Agent may at any time give at least 30 days prior written notice of its resignation to the Lenders and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right to appoint a successor Agent. If no such successor Agent shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required Lenders) (the “Resignation Effective Date”), then the retiring Agent may (but shall not be obligated to), on behalf of the Lenders, appoint a successor Agent. Whether or not a successor Agent has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

(b) With
effect from the Resignation Effective Date, (i) the retiring Agent shall be discharged from its duties and obligations hereunder and
under the other Loan Documents (except that in the case of any Collateral held by such Agent on behalf of the Lenders under any of the
Loan Documents, the retiring Agent shall continue to hold such collateral security until such time as a successor Agent is appointed)
and (ii) all payments, communications and determinations provided to be made by, to or through such retiring Agent shall instead be made
by or to each Lender directly, until such time, if any, as a successor Agent shall have been appointed as provided for above. Upon the
acceptance of a successor’s Agent’s appointment as Agent hereunder, such successor shall succeed to and become vested with
all of the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from all of its duties
and obligations hereunder or under the other Loan Documents. After the retiring Agent’s resignation hereunder and under the other
Loan Documents, the provisions of this Article, Sections 11.4 and 11.15 shall continue in effect for the benefit of such retiring Agent,
its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by it while the retiring Agent
was acting as Agent.

Section
9.8. Collateral Matters.

(a) Each
Agent may from time to time make such disbursements and advances (“Agent Advances”) which such Agent, in its sole
discretion, deems necessary or desirable to preserve, protect, prepare for sale or lease or dispose of the Collateral or any portion
thereof, to enhance the likelihood or maximize the amount of repayment by the Borrower of the Loans and other Obligations or to pay any
other amount chargeable to the Borrower pursuant to the terms of this Agreement, including, without limitation, costs, fees and expenses
as described in Section 11.4. The Agent Advances shall be repayable on demand and be secured by the Collateral and shall bear interest
at a rate per annum equal to the rate then applicable to Term Loans that are Reference Rate Loans. The Agent Advances shall constitute
Obligations hereunder which may be charged to the Loan Account in accordance with Section 4.1. The Collateral Agent shall notify each
Lender and the Borrower in writing of each such Agent Advance, which notice shall include a description of the purpose of such Agent
Advance. Without limitation to its obligations pursuant to Section 9.5, each Lender agrees that it shall make available to the Collateral
Agent, upon such Agent’s demand, in Dollars in immediately available funds, the amount equal to such Lender’s Pro Rata Share
of each such Agent Advance. If such funds are not made available to the Collateral Agent by such Lender, such Agent shall be entitled
to recover such funds on demand from such Lender, together with interest thereon for each day from the date such payment was due until
the date such amount is paid to such Agent, at the Federal Funds Rate for three Business Days and thereafter at the Reference Rate.

(b) The
Lenders hereby irrevocably authorize the Collateral Agent, at its option and in its discretion, to release any Lien granted to or held
by the Collateral Agent upon any Collateral upon termination of the Total Commitment and payment and satisfaction of all Loans and all
other Obligations (other than Contingent Indemnity Obligations) in accordance with the terms hereof; or constituting property being sold
or disposed of in the ordinary course of any Loan Party’s business or otherwise in compliance with the terms of this Agreement
and the other Loan Documents; or constituting property in which the Loan Parties owned no interest at the time the Lien was granted or
at any time thereafter; or if approved, authorized or ratified in writing by the Lenders in accordance with Section 11.2. Upon request
by the Collateral Agent at any time, the Lenders will confirm in writing the Collateral Agent’s authority to release particular
types or items of Collateral pursuant to this Section 9.8(b).

(c) Without
in any manner limiting the Collateral Agent’s authority to act without any specific or further authorization or consent by the
Lenders (as set forth in Section 9.8(b)), each Lender agrees to confirm in writing, upon request by the Collateral Agent, the authority
to release Collateral conferred upon the Collateral Agent under Section 9.8(b). Upon receipt by the Collateral Agent of confirmation
from the Lenders of its authority to release any particular item or types of Collateral, and upon prior written request by any Loan Party,
the Collateral Agent shall (and is hereby irrevocably authorized by the Lenders to) execute such documents as may be necessary to evidence
the release of the Liens granted to the Collateral Agent for the benefit of the Agents and the Lenders upon such Collateral; provided,
however, that (i) the Collateral Agent shall not be required to execute any such document on terms which, in the Collateral Agent’s
opinion, would expose the Collateral Agent to liability or create any obligations or entail any consequence other than the release of
such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Obligations or
any Lien upon (or obligations of any Loan Party in respect of) all interests in the Collateral retained by any Loan Party.

(d) Notwithstanding
anything contained in any of the Loan Documents to the contrary, the Loan Parties, each Agent and each Lender hereby agree that no Lender
shall have any right individually to realize upon any of the Collateral under any Loan Document or to enforce any Guaranty, it being
understood and agreed that all powers, rights and remedies under the Loan Documents may be exercised solely by the Collateral Agent for
the benefit of the Lenders in accordance with the terms thereof