@lightcs1776.... I have had a couple strops with nicks just like yours.. After spending time glueing or bonding the leather tabs down they usually didnt turn out that well ... So to my rescue was a long time shaver and member.. He told me to use a new SE razor and cut the flaps as flush to the strop as possible, rolled up 400-600 grit sandpaper to about cigarrette size or a little bigger, slowly, softly smooth out any divet ridges then continue to blend that smooth divet outward until it feels like you sqeezed the leather hard and thats the indent it leaves.. I like thick cowhide so this was easy for mine as i then proceded to sand the whole strop face down with quite a bit of leather dust.. Clean the keather and Neatsfoot a little at a time.. After my 1st strop got cut down to smaller bench, paddles, etc.. All others that for nicked up pretty good ive done this and they still work great. Just another way to keep your strops going... Peace all! Scott