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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of the quotations for such day on such transactions received by the Administrative Agent from three federal funds brokers of recognized standing selected by it. “Fee Letter” means the amended and restated fee letter, dated as of the date hereofMarch 24, 2026, among the Loan Parties and the AgentsAdministrative Agent. “Financial Statements” means (a) the audited consolidated balance sheet of the Borrower and its Subsidiaries for the Fiscal Years ended December 31, 2023 and December 31, 2024, and the related consolidated statement of operations, shareholders’ equity and cash flows for the Fiscal Years then ended, and (b) the unaudited consolidated balance sheet of the Borrower and its Subsidiaries for the three months ended March 31, 2025, and the related consolidated statement of operations, shareholder’s equity and cash flows for such period. “Fiscal Year” means the fiscal year of the Borrower and its Subsidiaries ending on December 31 of each year.

“Fixed
Charge Coverage Ratio” means, with respect to any Person for any period, the ratio of (a) Consolidated Adjusted EBITDA of such
Person and its Subsidiaries for such period minus Capital Expenditures made by such Person and its Subsidiaries during such period not
financed with the proceeds of Equity Interests or Indebtedness, to (b) the sum of (i) all principal of Indebtedness described in clauses
(a), (c), (d), (e) and (f) in the definition thereof of such Person and its Subsidiaries (excluding any Subordinated Indebtedness of
such Person and its Subsidiaries then outstanding) scheduled to be paid or prepaid during such period to the extent there is an equivalent
permanent reduction in the commitments thereunder, plus (ii) Consolidated Net Interest Expense of such Person and its Subsidiaries
for such period, plus (iii) income Taxes paid or payable by such Person and its Subsidiaries during such period, plus (iv)
cash dividends or distributions paid, or the purchase, redemption or other acquisition or retirement for value (including in connection
with any merger or consolidation), by such Person or any of its Subsidiaries, in respect of the Equity Interests of such Person or any
of its Subsidiaries (other than dividends or distributions paid by a Loan Party to any other Loan Party) during such period, plus
(v) all management, consulting, monitoring, and advisory fees paid by such Person or any of its Subsidiaries to any of its Affiliates
during such period.

“Flat
Tummy Disposition” means a Disposition by any Loan Party or its Subsidiaries of all or any portion of the Intellectual Property
and other assets associated with the Flat Tummy product line pursuant to customary documentation, which documentation shall be delivered
to the Administrative Agent prior to the consummation of such Disposition.

“Flood
Insurance Laws” means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto,
(b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood
Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time,
and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

“Floor”
means 4.00%.

“Foreign
Lender” has the meaning specified therefor in Section 2.9(d)(i)(B).

“Foreign
Sovereign Immunities Act” means the US Foreign Sovereign Immunities Act of 1976 (28 U.S.C. Sections 1602-1611), as amended.

“Foreign
Subsidiary” means any Subsidiary of the Borrower that is not a Domestic Subsidiary.

“Funding
Losses” has the meaning specified therefor in Section 2.8.

“GAAP”
means (a) when used in reference to the Canadian Guarantor, the ASPE in Canada from time to time established by the Canadian Accounting
Standards Board applied on a consistent basis, and (b) when used in any other context, generally accepted accounting principles in effect
from time to time in the United States, applied on a consistent basis, provided that for the purpose of Section 7.3 and the definitions
used therein, “GAAP” shall mean ASPE, or generally accepted accounting principles in the United States, as applicable, in
effect on the date hereof, provided further that if there occurs after the date of this Agreement any change in GAAP that affects in
any respect the calculation of any covenant contained in Section 7.3, the Collateral Agent and the Borrower shall negotiate in good faith
amendments to the provisions of this Agreement that relate to the calculation of such covenant with the intent of having the respective
positions of the Lenders and the Borrower after such change in GAAP conform as nearly as possible to their respective positions as of
the date of this Agreement and, until any such amendments have been agreed upon, the covenants in Section 7.3 shall be calculated as
if no such change in GAAP has occurred.

“Governing
Documents” means, (a) with respect to any corporation, the certificate or articles of incorporation and the bylaws (or equivalent
or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b) with respect to any limited liability company, the
certificate or articles of formation or organization, and the operating agreement; (c) with respect to any partnership, joint venture,
trust or other form of business entity, the partnership, joint venture, declaration or other applicable agreement or documentation evidencing
or otherwise relating to its formation or organization, governance and capitalization; and (d) with respect to any of the entities described
above, any other agreement, instrument, filing or notice with respect thereto filed in connection with its formation or organization
with the applicable Governmental Authority in the jurisdiction of its formation or organization.

“Governmental
Authority” means any nation or government, any federal, state, city, town, municipality, county, local or other political subdivision
thereof or thereto and any department, commission, board, bureau, instrumentality, agency or other entity exercising executive, legislative,
judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies
such as the European Union or the European Central Bank).

“Guaranteed
Obligations” has the meaning specified therefor in Section 10.1.

“Guarantor”
means (a) each Subsidiary of the Borrower listed as a “Guarantor” on the signature pages hereto, and (b) each other Person
which guarantees, pursuant to Section 7.1(b) or otherwise, all or any part of the Obligations.

“Guaranty”
means (a) the guaranty of each Guarantor party hereto contained in Article X and (b) each other guaranty, in form and substance satisfactory
to the Collateral Agent, made by any other Guarantor in favor of the Collateral Agent for the benefit of the Agents and the Lenders guaranteeing
all or part of the Obligations.

“Hazardous
Material” means any element, compound or chemical that is defined, listed or otherwise classified as a contaminant, pollutant,
toxic or hazardous substance, hazardous waste, special waste or solid waste or words of similar import under any Environmental Law or
that is otherwise regulated under or for which liability or standards of care are imposed pursuant to any Environmental Law, including,
without limitation, petroleum, polychlorinated biphenyls; asbestos-containing materials, urea formaldehyde-containing materials radioactive
materials and toxic mold.

“Hedging
Agreement” means any interest rate, foreign currency, commodity or equity swap, collar, cap, floor or forward rate agreement,
or other agreement or arrangement designed to protect against fluctuations in interest rates or currency, commodity or equity values
(including, without limitation, any option with respect to any of the foregoing and any combination of the foregoing agreements or arrangements),
and any confirmation executed in connection with any such agreement or arrangement.

“Highest
Lawful Rate” means, with respect to any Agent or any Lender, the maximum non-usurious interest rate, if any, that at any time
or from time to time may be contracted for, taken, reserved, charged or received on the Obligations under laws applicable to such Agent
or such Lender which are currently in effect or, to the extent allowed by law, under such applicable laws which may hereafter be in effect
and which allow a higher maximum non-usurious interest rate than applicable laws now allow.

“Holdout
Lender” has the meaning specified therefor in Section 11.2(c).

“Increased
Amount Date” has the meaning specified therefor in Section 2.13(a).

“Incremental
Amendment” has the meaning specified therefor in Section 2.13(b).

“Incremental
Term Loan Commitment” means the commitment of any Incremental Term Loan Lender to make Incremental Term Loans pursuant to Section
2.13 and as further set forth in any Incremental Amendment, as such commitment may be terminated or reduced from time to time in accordance
with the terms of this Agreement.

“Incremental
Term Loan Lender” means a Lender with an Incremental Term Loan Commitment or an Incremental Term Loan.

“Incremental
Term Loans” means, collectively, the loans made by the Incremental Term Loan Lenders to the Borrower pursuant to Section 2.13
and any Incremental Amendment.