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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Agents may reasonably request, (C) to the extent required under the terms of this Agreement, one or more Mortgages creating on the owned real property of such Subsidiary a perfected, first priority Lien (in terms of priority, subject only to Permitted Specified Liens) on such real property and such other Real Property Deliverables as may be required by the Collateral Agent with respect to each such real property and (D) such other agreements, instruments, approvals or other documents reasonably requested by the Agents in order to create, perfect, establish the first priority of or otherwise protect any Lien purported to be covered by any such Security Agreement or Mortgage or otherwise to effect the intent that such Subsidiary shall become bound by all of the terms, covenants and agreements contained in the Loan Documents and that all applicable property and assets of such Subsidiary shall become Collateral for the Obligations;

(ii) each
owner of the Equity Interests of any such Subsidiary to execute and deliver promptly and in any event within three (3) days after the
formation or acquisition of such Subsidiary a Pledge Amendment (as defined in the Security Agreement), together with (A) certificates
evidencing all of the Equity Interests of such Subsidiary required to be pledged under the terms of the Security Agreement, (B) undated
stock powers or other appropriate instruments of assignment for such Equity Interests executed in blank with signature guaranteed, together
with registration pages and executed irrevocable voting proxies for such Equity Interests, (C) such opinions of counsel as the Collateral
Agent may reasonably request and (D) such other agreements, instruments, approvals or other documents requested by the Collateral Agent;
and

(iii) with
respect to any Subsidiary to become a Guarantor hereunder, within three (3) Business Days prior to becoming a Guarantor, all information
and documentation reasonably requested by (and results satisfactory to the Agents and each Lender) for purposes of compliance with applicable
“know your customer” requirements under the PATRIOT Act or other applicable Anti-Money Laundering Laws to the extent such
information is requested by the Agents or the Lenders reasonably promptly after written notice to the Agents of the proposed joinder
of a Borrower or a Guarantor.

Notwithstanding
the foregoing, no Excluded Subsidiary shall be required to become a Guarantor hereunder (and, as such, shall not be required to deliver
the documents required by clause (i) above); provided, however, that (I) if the Equity Interests of a Foreign Subsidiary that is an Excluded
Subsidiary are owned by a Loan Party, such Loan Party shall deliver all such documents, instruments, agreements (including, without limitation,
at the reasonable request of the Collateral Agent, a pledge agreement governed by the laws of the jurisdiction of the organization of
such Excluded Subsidiary) and certificates described in clause (ii) above to the Collateral Agent, and take all commercially reasonable
actions reasonably requested by the Collateral Agent or otherwise necessary to grant and to perfect a first-priority Lien (subject to
Permitted Specified Liens) in favor of the Collateral Agent, for the benefit of the Agents and the Lenders, in 65% of the voting Equity
Interests of such Foreign Subsidiary and 100% of all other Equity Interests of such Foreign Subsidiary owned by such Loan Party, and
(II) promptly and in any event within 20 days after the effectiveness of any amendment of the Internal Revenue Code to allow for 100%
of the voting Equity Interests of such Foreign Subsidiary to be pledged to the Collateral Agent without material adverse tax consequences
to the Borrower and its Subsidiaries, 100% of such voting Equity Interests shall be pledged pursuant to clause (ii) above.

Compliance with Laws; Payment of Taxes.

(i) Comply,
and cause each of its Subsidiaries to comply, in all material respects with all Requirements of Law, judgments and awards (including
any settlement of any claim that, if breached, could give rise to any of the foregoing).

(ii) Pay,
and cause each of its Subsidiaries to pay, in full before delinquency or before the expiration of any extension period, all Taxes imposed
upon any Loan Party or any of its Subsidiaries or any property of any Loan Party or any of its Subsidiaries, except (i) unpaid Taxes
in an aggregate amount at any one time not in excess of $50,000, and (ii) Taxes contested in good faith by proper proceedings which stay
the imposition of any Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for
the payment thereof in accordance with GAAP.

(d) Preservation
of Existence, Etc. Maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, its existence, rights and
privileges, and become or remain, and cause each of its Subsidiaries to become or remain, duly qualified and in good standing in each
jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification
necessary, except to the extent that the failure to be so qualified could not reasonably be expected to have a Material Adverse Effect.

(e) Keeping
of Records and Books of Account. Keep, and cause each of its Subsidiaries to keep, adequate records and books of account, with complete
entries made to permit the preparation of financial statements in accordance with GAAP.

(f) Inspection
Rights. Permit, and cause each of its Subsidiaries to permit, the agents and representatives of any Agent at any reasonable time
following reasonable advance written notice (but in no event less than two (2) Business Days unless an Event of Default has occurred
and is continuing) and from time to time during normal business hours, at the expense of the Borrower as provided in Section 2.6(b),
to examine and make copies of and abstracts from its records and books of account, to visit and inspect its properties, to verify materials,
leases, notes, accounts receivable, deposit accounts and its other assets, to conduct audits, physical counts, valuations, appraisals
or examinations and to discuss its affairs, finances and accounts with any of its directors, officers, managerial employees, independent
accountants (in the presence of Authorized Officers of such Loan Party as it may designate) or any of its other representatives. In furtherance
of the foregoing, each Loan Party hereby authorizes its independent accountants, and the independent accountants of each of its Subsidiaries,
to discuss the affairs, finances and accounts of such Person (independently or together with representatives of such Person) with the
agents and representatives of any Agent in accordance with this Section 7.1(f).

(g) Maintenance
of Properties, Etc. Maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, all of its properties which
are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear and tear and casualty
excepted, and comply, and cause each of its Subsidiaries to comply, at all times with the provisions of all leases to which it is a party
as lessee or under which it occupies property, so as to prevent any loss or forfeiture thereof or thereunder, except to the extent the
failure to so maintain and preserve or so comply could not reasonably be expected to have a Material Adverse Effect.