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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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.

(a) The
Borrower will make each payment under this Agreement not later than 3:00 pm (New York City time) on the day when due, in lawful money
of the United States of America and in immediately available funds, to the Administrative Agent’s Account. All payments received
by the Administrative Agent after 3:00 pm (New York City time) on any Business Day will be credited to the Loan Account on the next succeeding
Business Day. All payments shall be made by the Borrower without set-off, counterclaim, recoupment, deduction or other defense to the
Agents and the Lenders. Except as provided in Section 2.2, after receipt, the Administrative Agent will promptly thereafter cause to
be distributed like funds relating to the payment of principal ratably to the Lenders in accordance with their Pro Rata Shares and like
funds relating to the payment of any other amount payable to any Lender to such Lender, in each case to be applied in accordance with
the terms of this Agreement. The Lenders and the Borrower hereby authorize the Administrative Agent to, and the Administrative Agent
may, from time to time, charge the Loan Account of the Borrower with any amount due and payable by the Borrower under any Loan Document.
Each of the Lenders and the Borrower agrees that the Administrative Agent shall have the right to make such charges whether or not any
Default or Event of Default shall have occurred and be continuing or whether any of the conditions precedent in Section 5.2 have been
satisfied. Any amount charged to the Loan Account of the Borrower shall be deemed Obligations. The Lenders and the Borrower confirm that
any charges which the Administrative Agent may so make to the Loan Account of the Borrower as herein provided will be made as an accommodation
to the Borrower and solely at the Administrative Agent’s discretion, provided that the Administrative Agent shall from time to
time upon the request of the Collateral Agent, charge the Loan Account of the Borrower with any amount due and payable under any Loan
Document. Whenever any payment to be made under any such Loan Document shall be stated to be due on a day other than a Business Day,
such payment shall be made on the next succeeding Business Day and such extension of time shall in such case be included in the computation
of interest or fees, as the case may be. All computations of fees shall be made by the Administrative Agent on the basis of a year of
360 days for the actual number of days. Each determination by the Administrative Agent of an interest rate or fees hereunder shall be
conclusive and binding for all purposes in the absence of manifest error.

(b) The
Administrative Agent shall provide the Borrower, promptly after the end of each calendar month, a summary statement (in the form from
time to time used by the Administrative Agent) of the opening and closing daily balances in the Loan Account of the Borrower during such
month, the amounts and dates of all Loans made to the Borrower during such month, the amounts and dates of all payments on account of
the Loans to the Borrower during such month and the Loans to which such payments were applied, the amount of interest accrued on the
Loans to the Borrower during such month, and the amount and nature of any charges to the Loan Account made during such month on account
of fees, commissions, expenses and other Obligations. All entries on any such statement shall be presumed to be correct and, 30 days
after the same is sent, shall be final and conclusive absent manifest error.

Section
4.2. Sharing of Payments. Except as provided in Section 2.2, if any Lender shall obtain any payment (whether voluntary, involuntary,
through the exercise of any right of set-off or otherwise) on account of any Obligation in excess of its ratable share of payments on
account of similar obligations obtained by all the Lenders, such Lender shall forthwith purchase from the other Lenders such participations
in such similar obligations held by them as shall be necessary to cause such purchasing Lender to share the excess payment ratably with
each of them; provided, however, that (a) if all or any portion of such excess payment is thereafter recovered from such purchasing Lender,
such purchase from each Lender shall be rescinded and each Lender shall repay to the purchasing Lender the purchase price to the extent
of such recovery together with an amount equal to such Lender’s ratable share (according to the proportion of (i) the amount of
such Lender’s required repayment to (ii) the total amount so recovered from the purchasing Lender) of any interest or other amount
paid by the purchasing Lender in respect of the total amount so recovered, and (b) the provisions of this Section shall not be construed
to apply to (i) any payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement (including the
application of funds arising from the existence of a Defaulting Lender and any payment of an amendment, consent or waiver fee to consenting
Lenders pursuant to an effective amendment, consent or waiver with respect to this Agreement), or (ii) any payment obtained by a Lender
as consideration for the assignment of or sale of a participation in any of its Loans, other than to any Loan Party or any Subsidiary
thereof (as to which the provisions of this Section shall apply). The Borrower agrees that any Lender so purchasing a participation from
another Lender pursuant to this Section may, to the fullest extent permitted by law, exercise all of its rights (including the Lender’s
right of set-off) with respect to such participation as fully as if such Lender were the direct creditor of the Borrower in the amount
of such participation.

Section
4.3. Apportionment of Payments. Subject to Section 2.2:

(a) All
payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.6
and to the extent set forth in any written agreement among the Agents and the Lenders) and all other payments in respect of any other
Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their
respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by
the Person making payment when the payment is made.

(b) After
the occurrence and during the continuance of an Event of Default, the Administrative Agent may, and upon the direction of the Collateral
Agent or the Required Lenders shall, apply all payments in respect of any Obligations, including without limitation, all proceeds of
the Collateral, subject to the provisions of this Agreement,

(i) first,
ratably to pay the Obligations in respect of any fees, expense reimbursements, indemnities and other amounts then due and payable to
the Agents until paid in full;

(ii) second,
to pay interest then due and payable in respect of the Agent Advances until paid in full;

(iii)
third, to pay principal of the Agent Advances until paid in full;

(iv) fourth,
ratably to pay the Obligations in respect of any fees (other than any Applicable Premium), expense reimbursements, indemnities and other
amounts then due and payable to the Term Loan Lenders until paid in full;

(v) fifth,
ratably to pay interest then due and payable in respect of the Term Loan until paid in full;

sixth, ratably to pay principal of the Term Loan until paid in full;

(vii) seventh,
ratably to pay the Obligations in respect of any Applicable Premium then due and payable to the Lenders until paid in full; and

(viii)
eighth, to the ratable payment of all other Obligations then due and payable.