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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or continuation then being requested) until such Lender determines that it would no longer be unlawful or impractical to do so. (c) The obligations of the Loan Parties under this Section 2.11 shall survive after the occurrence of the Termination Date and the termination of this Agreement. Section 2.13. Replacement of Lenders. [Reserved]. any Lender is a Defaulting Lender, then the Borrower may, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 11.7), all of its interests, rights and obligations under this Agreement and the other Loan Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that: (i) the Borrower shall have paid to the Agents any assignment fees specified in Section 11.7;

(ii) such
Lender shall have received payment of an amount equal to the outstanding principal of its Loans, accrued interest thereon, accrued fees
and all other amounts then due and payable to it hereunder and under the other Loan Documents (including any amounts under Sections 2.8
and 2.9) from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of
all other amounts);

(iii)
[reserved]; and

(iv) such
assignment does not conflict with applicable law. Prior to the effective date of such assignment, the assigning Lender shall execute
and deliver an Assignment and Acceptance, subject only to the conditions set forth above. If the assigning Lender shall refuse or fail
to execute and deliver any such Assignment and Acceptance prior to the effective date of such assignment, the assigning Lender shall
be deemed to have executed and delivered such Assignment and Acceptance. Any such assignment shall be made in accordance with the terms
of Section 11.7.

Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise,
the circumstances entitling the Borrower to require such assignment and delegation cease to apply.

Section
2.14. Incremental Facilities.

(a) From
time to time, the Borrower may by written notice to Administrative Agent request the establishment of one or more Incremental Term Loan
Commitments, in each case, in a minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof, and in an aggregate
amount of all such Commitments not to exceed $2,500,000 during the term of this Agreement. Each such notice shall (x) specify the date
(an “Increased Amount Date”) on which the Borrower proposes that the Incremental Term Loan Commitments shall be effective,
which shall be a date not less than twenty (20) Business Days after the date on which such notice is delivered to the Administrative
Agent and (y) include an outline, in reasonable detail, of the proposed use of proceeds of such Incremental Term Loans, which such proposed
use shall be subject to the approval of the Administrative Agent in its sole discretion. Upon receipt of such notice, and in any event
within five (5) Business Days thereafter, the Administrative Agent shall advise the Borrower if the proposed use of proceeds are acceptable
to the Administrative Agent and shall promptly notify the Lenders holding Term Loans of the requested increase and each Lender holding
Term Loans shall have the right to commit to the Incremental Term Loan Commitments in proportion to its Pro Rata Share of the Term Loans
outstanding immediately before giving effect to such Incremental Term Loans. Each Lender holding Term Loans shall notify the Administrative
Agent within five (5) Business Days following such notice from the Administrative Agent, if and to what extent, such Lender holding Term
Loans commits to the requested Incremental Term Loan Commitments. Any Lender holding Term Loans not responding within such period shall
be deemed to have declined to provide an Incremental Term Loan Commitment. If a Lender holding Term Loans fails to so commit to the full
requested Incremental Term Loan Commitments, the Administrative Agent may, in its sole discretion, arrange for one or more other lenders
to provide such remainder of the requested Incremental Term Loan Commitments, which such other lenders may be existing Lenders or any
other Persons that are eligible assignees pursuant to Section 11.7.

(b) Such
Incremental Term Loan Commitments shall become effective as of such Increased Amount Date; provided that (i) no Default or Event of Default
shall exist on such Increased Amount Date before or after giving effect to such Incremental Term Loan Commitments; (ii) each of the conditions
set forth in Section 5.2 shall be satisfied; (iii) the Borrower and its Subsidiaries shall be in compliance on a pro form basis with
each of the covenants set forth in Section 7.3 as of the last day of the most recently ended Fiscal Quarter after giving effect to the
funding of such Incremental Term Loans, as if made on the last day of such recently ended Fiscal Quarter; (iv) the Incremental Term Loans
shall be effected pursuant to one or more amendment or joinder agreements (each, and “Incremental Amendment”) executed
and delivered by the Loan Parties, the Agents and each Incremental Term Loan Lender, and each of which such Incremental Term Loans shall
be recorded in the Register and shall be subject to the requirements set forth in Section 2.9; (v) the Borrower shall deliver a certificate
of an Authorized Officer certifying the proposed use of the proceeds the Incremental Term Loan, as approved by the Administrative Agent,
and certifying that the conditions precedent to the making of such Incremental Term Loan under this Section 2.13 have been satisfied,
and (vi) the Borrower shall deliver or cause to be delivered any legal opinions or other documents reasonably requested by the Administrative
Agent in connection with any such transaction. In the event any Incremental Term Loans are not funded on the applicable Increased Amount
Date, the Borrower shall make any payments required pursuant to Section 2.8(c) in connection with such Incremental Term Loan Commitments.
In no event shall the provisions of this Section 2.13 or any other provision of this Agreement or any other Loan Document be deemed to
create any obligation on the part of any Lender to agree to any increase in any Commitment and the Borrower and the other Loan Parties
each agree that any such increase shall be at the sole option of each Lender.

any Increased Amount Date on which any Incremental Term Loan Commitments of any tranche are effective, subject to the satisfaction of
the foregoing terms and conditions, (i) each Incremental Term Loan Lender shall make an Incremental Term Loan to the Borrower in an amount
equal to its Incremental Term Loan Commitment, and (ii) each Incremental Term Loan Lender shall become a Lender hereunder with respect
to the Incremental Term Loan Commitment and the Incremental Term Loans made pursuant thereto.

(d) The
Incremental Term Loans and Incremental Term Loan Commitments shall be on the same terms and conditions as the Term Loans (including as
to security) and such other terms and conditions as shall be agreed by the Incremental Term Loan Lenders and the Agents. The maturity
date of any Incremental Term Loan shall be the Term Loan Maturity Date. Each Incremental Amendment may, without the consent of any other
Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of
the Administrative Agent, to effect the provisions of this Section 2.13.

ARTICLE

[INTENTIONALLY
OMITTED]

ARTICLE

APPLICATION
OF PAYMENTS; DEFAULTING LENDERS

Section
4.1. Payments; Computations and Statements.