SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: S-3
Document Type: EX-4.5
Date Filed: 2025-11-26
Accession Number: 0001213900-25-115554
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000121390025115554/ea026681201ex4-5_synergy.htm

Chunk 22 of 29
Word Count: 1340
Character Count: 8148

Document Content:

for redemption shall be payable to the Holders of such Securities registered as such on the relevant record date subject to the terms and provisions of Section 2.07 hereof. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the Principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest or Yield to Maturity (in the case of an Original Issue Discount Security) borne by the Security. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and deliver to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in Principal amount equal to the unredeemed portion of the Security so presented, pursuant to Sections 2.04, 2.05 and 2.06.

Section 11.04 Exclusion
of Certain Securities from Eligibility for Selection for Redemption. Securities shall be excluded from eligibility for selection for
redemption if they are identified by registration and certificate number in a written statement signed by an authorized officer of the
Issuer and delivered to the Trustee at least 40 days prior to the last date on which notice of redemption may be given as being owned
of record and beneficially by, and not pledged or hypothecated by either (a) the Issuer or (b) an entity specifically identified in such
written statement directly or indirectly controlling or controlled by or under direct or indirect common control with the Issuer.

Section 11.05 Conversion
Arrangement On Call For Redemption. In connection with any redemption of Securities, the Issuer shall deposit the amount due in connection
with such redemption as required by Section 11.02 or it may arrange for the purchase and conversion of any Securities called for redemption
by an agreement with one or more investment bankers or other purchasers to purchase such Securities and to make the deposit required of
it by Section 11.02 on its behalf by paying to the Trustee or the Paying Agent in trust for the Securityholders, on or before 10:00 a.m.
New York time on the redemption date, an amount no less than the redemption price, together with interest, if any, accrued to the redemption
date of such Securities, in immediately available funds. Notwithstanding anytime to the contrary contained in this Article 11, the obligation
of the Issuer to pay the redemption price of such Securities, including all accrued interest, if any, shall be deemed to be satisfied
and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities not duly
surrendered for conversion by the Holders thereof may, at the option of the Issuer, be deemed, to the fullest extent permitted by law,
acquired by such purchasers from such Holders and (notwithstanding anything to the contrary contained in Article 12) surrendered by such
purchasers for conversion, all as of immediately prior to the close of business on the last day on which Securities of such series called
for redemption may be converted in accordance with this Indenture and the terms of such Securities, subject to payment of the above amount
aforesaid. The Trustee or the Paying Agent shall hold and pay to the Securityholders whose Securities are selected for redemption any
such amount paid to it in the same manner as it would monies deposited with it by the Issuer for the redemption of Securities. Without
the Trustee’s and the Paying Agent’s prior written consent, no arrangement between the Issuer and such purchasers for the
purchase and conversion of any Securities shall increase or otherwise affect any of the powers, duties, responsibilities or obligations
of the Trustee as set forth in this Indenture, and the Issuer agrees to indemnify the Trustee from, and hold it harmless against, any
loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities
between the Issuer and such purchasers, including the costs and expenses incurred by the Trustee and the Paying Agent in the defense of
any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities
or obligations under this Indenture.

Article

CONVERSION
OF SECURITIES

Section 12.01 Applicability
of Article. Securities of any series which are convertible into Capital Stock at the option of the Securityholder shall be convertible
in accordance with their terms and (unless otherwise specified as contemplated by Section 2.03 for Securities of any series) in accordance
with this Article. Each reference in this Article 12 to “a Security” or “the Securities” refers to the Securities
of the particular series that is convertible into Capital Stock. Each reference in this Article to “Capital Stock” into which
Securities of any series are convertible refers to the class of Capital Stock into which the Securities of such series are convertible
in accordance with their terms (as specified as contemplated by Section 2.03). If more than one series of Securities with conversion privileges
are outstanding at any time, the provisions of this Article 12 shall be applied separately to each such series.

Section 12.02 Right of
Securityholders to Convert Securities. Subject to and upon compliance with the terms of the Securities and the provisions of Section
11.05 and this Article 12, at the option of the Holder thereof, any Security of any series of any authorized denomination, or any portion
of the Principal amount thereof which is $1,000 or any integral multiple of $1,000, may, at any time during the period specified in the
Securities of such series, or in case such Security or portion thereof shall have been called for redemption, then in respect of such
Security or portion thereof until and including, but not after (unless the Issuer shall default in payment due upon the redemption thereof)
the close of business on the Business Day prior to the date fixed for redemption except that in the case of redemption at the option of
the Securityholder, if specified in the terms of such Securities, such right shall terminate upon receipt of written notice of the exercise
of such option, be converted into duly authorized, validly issued, fully paid and nonassessable shares of Capital Stock, as specified
in such Security, at the conversion rate for each $1,000 Principal amount of Securities (such initial conversion rate reflecting an initial
conversion price specified in such Security) in effect on the conversion date, or, in case an adjustment in the conversion rate has taken
place pursuant to the provisions of Section 12.05, then at the applicable conversion rate as so adjusted, upon surrender of the Security
or Securities, the Principal amount of which is so to be converted, to the Issuer at any time during usual business hours at the office
or agency to be maintained by it in accordance with the provisions of Section 3.02, accompanied by a written notice of election to convert
as provided in Section 12.03 and, if so required by the Issuer and the Trustee, by a written instrument or instruments of transfer in
form satisfactory to the Issuer and the Trustee duly executed by the registered Holder or his attorney duly authorized in writing. All
Securities surrendered for conversion shall, if surrendered to the Issuer or any conversion agent, be delivered to the Trustee for cancellation
and cancelled by it, or shall, if surrendered to the Trustee, be cancelled by it, as provided in Section 2.10.

The initial conversion price
or conversion rate in respect of a series of Securities shall be as specified in the Securities of such series. The conversion price or
conversion rate will be subject to adjustment on the terms set forth in Section 12.05 or such other or different terms, if any, as may
be specified by Section 2.03 for Securities of such series. Provisions of this Indenture that apply to conversion of all of a Security
also apply to conversion of a portion of it.