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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Loan Commitment. (c) All Loans under this Agreement shall be made by the Lenders simultaneously and proportionately to their Pro Rata Shares, it being understood that no Lender shall be responsible for any default by any other Lender in that other Lender’s obligations to make a Loan requested hereunder, nor shall the Commitment of any Lender be increased or decreased as a result of the default by any other Lender in that other Lender’s obligation to make a Loan requested hereunder, and each Lender shall be obligated to make the Loans required to be made by it by the terms of this Agreement regardless of the failure by any other Lender. Section 2.3. Repayment of Loans; Evidence of Debt. (a) The outstanding principal amount of the Term Loan shall be repayable on the following dates and in the following amounts set forth opposite such dates: Date Amount January April July

October

January

January April
1, 2027 and the first day of each quarter thereafter	$350,000

provided, however, that the last such installment shall be in the amount necessary to repay in full the unpaid principal amount of the
Term Loan. The outstanding unpaid principal amount of the Term Loan and all Agent Advances, and all accrued and unpaid interest thereon,
shall be due and payable on the Term Loan Maturity Date.

(b) Each
Lender shall maintain in accordance with its usual practice an account or accounts evidencing the Indebtedness of the Borrower to such
Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender
from time to time hereunder.

The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, (ii) the amount
of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount
of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

(d) The
entries made in the accounts maintained pursuant to Section 2.3(b) or 2.3(c) shall be prima facie evidence of the existence and amounts
of the obligations recorded therein; provided that (i) the failure of any Lender or the Administrative Agent to maintain such accounts
or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with the terms of
this Agreement and (ii) in the event of any conflict between the entries made in the accounts maintained pursuant to Section 2.3(b) and
the accounts maintained pursuant to Section 2.3(c) maintained pursuant to Section 2.3(c) and control.

(e) Any
Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrower shall execute and deliver to
such Lender a promissory note payable to the order of such Lender (or, if requested by such Lender, to such Lender and its registered
assigns) in a form furnished by and reasonably acceptable to the Administrative Agent. Thereafter, the Loans evidenced by such promissory
note and interest thereon shall at all times (including after assignment pursuant to Section 11.7) be represented by one or more promissory
notes in such form payable to the order of the payee named therein (or, if such promissory note is a registered note, to such payee and
its registered assigns).

Section
2.4. Interest.

(a) Term
Loans; Agent Advances. Subject to the terms of this Agreement, at the option of the Borrower, the Term Loan or any portion thereof
shall be either a Reference Rate Loan or a Term SOFR Rate Loan. Each portion of the Term Loan that is a Reference Rate Loan shall bear
interest on the principal amount thereof from time to time outstanding, from the date of the Term Loan until repaid, at a rate per annum
equal to the Reference Rate plus the Applicable Margin, and each portion of the Term Loan that is a Term SOFR Rate Loan shall bear interest
on the principal amount thereof from time to time outstanding, from the date of the Term Loan until repaid, at a rate per annum equal
to Term SOFR for the Interest Period in effect for the Term Loan (or such portion thereof) plus the Applicable Margin. Pursuant to Section
9.8(a), each Agent Advance shall be a Reference Rate Loan and shall bear interest on the principal amount thereof from time to time outstanding,
from the date of such Agent Advance until repaid, at a rate per annum equal to the Reference Rate plus the Applicable Margin.

(b) Default
Interest. To the extent permitted by law and notwithstanding anything to the contrary in this Section, upon the occurrence and during
the continuance of an Event of Default, at the election of the Required Lenders, the principal of, and all accrued and unpaid interest
on, all Loans, fees, indemnities or any other Obligations of the Loan Parties under this Agreement and the other Loan Documents, shall
bear interest, from the date such Event of Default occurred until the date such Event of Default is waived in writing in accordance herewith,
at a rate per annum equal at all times to the Post-Default Rate.

(c) Interest
Payment. Interest on each Loan shall be payable monthly in cash, in arrears, on the first day of each month, commencing on the first
day of the month following the month in which such Loan is made and at maturity (whether upon demand, by acceleration or otherwise);
provided that, (i) with respect to the interest payment due on March 2, 2026, all of such
interest payment shall be paid in kind by capitalizing such interest and adding such capitalized interest to the then outstanding principal
amount of the Term Loan on such interest payment date, and (ii) at the election of the Borrower, upon written notice to the Administrative
Agent at least three (3) days prior to April 1, 2026 with respect to the interest payment due on April 1, 2026, all or a portion (as
elected by the Borrower) of such interest payment, otherwise payable in cash, may be elected to be paid in kind by capitalizing such
interest and adding such capitalized interest to the then outstanding principal amount of the Term Loan on such interest payment
date. Interest at the Post-Default Rate
shall be payable on demand. Each Borrower hereby authorizes the Administrative Agent to, and the Administrative Agent may, from time
to time, charge the Loan Account pursuant to Section 4.1 with the amount of any interest payment due hereunder.

(d) General.
All interest shall be computed on the basis of a year of 360 days for the actual number of days, including the first day but excluding
the last day, elapsed.

(e) Term
SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Administrative Agent will have the right
to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any
amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this
Agreement or any other Loan Document. The Administrative Agent will promptly notify the Borrower and the Lenders of the effectiveness
of any Conforming Changes in connection with the use or administration of Term SOFR.

Section
2.5. Reduction of Commitment; Prepayment of Loans.

Reduction of Commitments.

(i) Initial
Term Loan. The Initial Term Loan Commitment shall terminate on the earlier to occur of (A) the funding of the Initial Term Loan,
and (B) 5:00 p.m. (New York City time) on the Effective Date.

(ii) Delayed
Draw Term Loan. The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw
Term Loan Commitment Expiration Date.

Optional Prepayment.

(i) Term
Loan; Agent Advances. The Borrower may, at any time and from time to time, upon at least three (3) Business Days’ prior written
notice to the Administrative Agent, prepay the principal of the Term Loan or any Agent Advance, in whole or in part. Each prepayment
made pursuant to this Section 2.5(b)(i) shall be accompanied by the payment of (A) accrued interest to the date of such payment on the
amount prepaid and (B) the Applicable Premium, if any, payable in connection with such prepayment of the Term Loan. Each such prepayment
shall be applied against the remaining installments of principal due on the Term Loan in the inverse order of maturity.