Document:

Exhibit 4.6

 

EXECUTION COPY

 

COLONIAL REVOLVER NOTE

 

	December 3, 2018	$19,200,000	Bentonville, Arkansas

 

COLONIAL AUTO FINANCE, INC., an Arkansas
corporation (“Borrower”), for value received, hereby unconditionally promise to pay to the order of COMMERCE
BANK (“Lender”), the principal sum of NINETEEN MILLION TWO HUNDRED THOUSAND DOLLARS ($19,200,000),
or such lesser amount as may be advanced by Lender as Colonial Revolver Loans and owing as LC Obligations from time to time under
the Loan Agreement described below, together with all accrued and unpaid interest thereon. Terms are used herein as defined in
the Second Amended and Restated Loan and Security Agreement dated as of December 12, 2016, among Borrower, America’s Car
Mart, Inc., an Arkansas corporation, Texas Car-Mart, Inc., a Texas corporation, America’s Car-Mart, Inc., a Texas corporation,
Bank of America, N.A., as Agent, Lead Arranger and Book Manager, Lender, and certain other financial institutions, as such agreement
may be amended, modified, renewed or extended from time to time (the “Loan Agreement”).

 

Principal of and interest on this Note from
time to time outstanding shall be due and payable as provided in the Loan Agreement. This Note is issued pursuant to and evidences
Colonial Revolver Loans and LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and
obligations of Lender and the duties and obligations of Borrower. The Loan Agreement contains provisions for acceleration of the
maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts
upon specified terms and conditions.

 

The holder of this Note is hereby authorized
by Borrower to record on a schedule annexed to this Note (or on a supplemental schedule) the amounts owing with respect to Colonial
Revolver Loans and LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights
of the holder of this Note or any obligations of Borrower hereunder or under any other Loan Documents.

 

Time is of the essence of this Note. Borrower
and all endorsers, sureties and guarantors of this Note hereby severally waive demand, presentment for payment, protest, notice
of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any suit against
any party, and any notice of or defense on account of any extensions, renewals, partial payments, or changes in any manner of or
in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security, or any delay,
indulgence or other act of any trustee or any holder hereof, whether before or after maturity. Borrower agrees to pay, and to save
the holder of this Note harmless against, any liability for the payment of all costs and expenses (including without limitation
reasonable attorneys’ fees) if this Note is collected by or through an attorney-at-law.

 

In no contingency or event whatsoever shall
the amount paid or agreed to be paid to the holder of this Note for the use, forbearance or detention of money advanced hereunder
exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by Borrower or inadvertently
received by the holder of this Note, such excess shall be returned to Borrower or credited as a payment of principal, in accordance
with the Loan Agreement. It is the intent hereof that Borrower not pay or contract to pay, and that holder of this Note not receive
or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by Borrower
under Applicable Law.

 

This Note shall be governed by the laws of the
State of California, without giving effect to any conflict of law principles (but giving effect to federal laws relating to national
banks).

 

    1

     

    

 

This Note is executed in renewal, amendment
and restatement of, but not in novation, extinguishment, discharge or satisfaction of the indebtedness evidenced by, all prior
Colonial Revolver Note(s) made by Colonial Auto Finance, Inc., an Arkansas corporation, payable to the order of COMMERCE BANK
(as such note(s) has been amended, restated, supplemented or otherwise modified from time to time prior to the date hereof, the
“Prior Note(s)”). All amounts outstanding under the Prior Note(s) as of the date hereof are outstanding under
the Loan Agreement and due and payable in accordance with the terms of the Loan Agreement and this Note.

 

[Signature Page Follows]

 

 

 

 

 

    2

     

    

 

IN WITNESS WHEREOF, this Note is executed
as of the date set forth above.

 

	 	
        COLONIAL AUTO FINANCE, INC.,

        an Arkansas corporation

         

         

        By: _/s/ Vickie D. Judy_________________

        Name: Vickie D. Judy

        Title: Secretary

 

 

 

 

 

Colonial Revolver Note

Signature PageExhibit 10.1 

 

CONSULTING SERVICES
AGREEMENT

 

This Consulting
Services Agreement (this “Agreement”), is entered into this 15th day of November, 2018, by
and between Contigo Resources Ltd (the “Consultant”) and Core Lithium Corp. (the “Client”).
 The Consultant or the Client sometimes referred to as a “Party” and together referred
to as the “Parties”.

 

WITNESSETH:

 

WHEREAS,
as a result of the Consultant’s experience, skills, abilities, knowledge, and background, the Client desires to engage the
Consultant to render consulting services hereinafter set forth upon and subject to the terms and conditions of this Agreement;
and

 

WHEREAS,
the Consultant desires to be engaged as a consultant by the Client to perform the consulting services hereinafter set forth for
the consulting fees and upon and subject to the terms and conditions set forth herein.

 

NOW, THEREFORE,
in consideration of the foregoing recitals and the mutual covenants and agreements hereinafter set forth and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

1. CONSULTING
SERVICES. Subject to the terms and conditions of this Agreement, the Client hereby retains the Consultant, on a non-exclusive
basis, as a business consultant to provide advice and services, as directed by the Client from time to time, relating to business
plan execution, business and acquisition strategy (the “Services”).

 

Notwithstanding
anything contained herein to the contrary, the Parties hereto acknowledge and agree that, if directed by the Client, the Services
may include providing advice and assistance to the Client in connection with the Client’s capital raising efforts. The parties
further acknowledge and agree that the Consultant shall have no power to bind Client to any contract or obligation or to transact
any business in the Client’s name or on behalf of the Client in any manner.  The Parties shall at all times comply with
all state and federal securities laws, rules and regulations.

 

2. CLIENT OBLIGATIONS. The
Client shall supply and deliver to the Consultant all documentation and information relating to the Client and the Client’s
business as may be reasonably requested by the Consultant in connection with the performance of the Services by the Consultant.
 Such information and documentation shall, to the best of the Client’s knowledge, be accurate and complete in all material
respects at the time furnished.  The Client will promptly notify the Consultant if it learns of any material misstatement
in, or material omission from, any information previously delivered to Consultant. The Consultant may rely, without independent
verification, on the accuracy and completeness of all information furnished by the Client.  The Client understands that the
Consultant shall not be liable for independently verifying the accuracy of such information and shall not be liable for any inaccuracies
therein.

 

3. TERM/TERMINATION. The
term of this Agreement (the “Term”) shall commence on the date hereof and continue for a
period of one year. Either Party may terminate this Agreement upon thirty (30) days prior written notice in the
event that either Party fails to perform its obligations under this Agreement. Each Party’s right of termination as set forth
herein shall be in addition to, and not in limitation of, any and all other remedies available to such Party at law, in equity,
or under the terms and provisions of this Agreement.  Notwithstanding the foregoing, no expiration or termination of this
Agreement shall effect: (i) the confidentiality provisions set forth herein; (ii) the Consultant’s right to receive, and
the Client’s obligation to pay, any fees and expenses due, and (iii) the agreements of the Client and Consultant with respect
to choice of law and forum.

 

    

     

    

 

4. COMPENSATION
AND FEES. As consideration for Consultant’s entering into this Agreement, the Client shall issue to Consultant 150,000
shares of Client’s Restricted common stock $0.001 par value (the “Client Shares”),
All shares of Client Common Stock issued to the Consultant hereunder shall be duly authorized, validly issued, fully paid and non-assessable
when issued, with no personal liability attaching to the ownership thereof, and shall be issued in compliance with applicable federal,
state and foreign securities laws.  The stock certificate shall bear a restricted legend substantially in the following form
“The shares represented by this certificate have not been registered under the Securities Act of 1933, as amended and may
not be sold or transferred without registration under said Act or an exemption therefrom”. As such the issuance of shares
is in reliance upon the exemption from registration for transactions by an issuer not involved in any public offering under Section
4(a)(2) of the Securities Act. All shares of Client Common Stock issued to the Consultant hereunder will be free and clear of all
liens, claims and other encumbrances of any kind or nature, including restrictions upon the transferability of shares of Client
Common Stock (“Encumbrances”). The issuance by Client of the Client Common Stock will not result in (i)
any breach of its constituent documents, (ii) any claim by a third party against the Consultant or (iii) any breach of any law
or regulation applicable to Client.

 

5. REPRESENTATIONS
AND WARRANTIES OF THE PARTIES.

 

(a) Client
Representations and Warranties. The Client represents and warrants to the Consultant that the statements
contained in this Section 5(a) are correct and complete:

 

(i) The Client
is a corporation duly organized, validly existing, and in good standing under the laws of the state of Nevada, with all requisite
corporate power and authority to enter into this Agreement, perform its obligations as provided for herein, and consummate the
transactions contemplated hereunder. The execution and delivery of this Agreement by the Client, the performance by it of obligations
herein and the consummation of the transactions contemplated hereunder, have been duly approved and authorized by the Client's
board of directors and shall not (i) result in a violation of any of the constituent documents of the Client; (ii) result in a
violation or breach of, or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right
of termination, cancellation or acceleration) under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture,
lease, license, contract, agreement or other instrument or obligation to which Client is a party or by which it or any of its properties
or assets may be bound; (iii) violate any order, writ, injunction, decree, statute, rule or regulation applicable to Client or
any of its properties or assets; or (iv) give any governmental authority the right to challenge any of transactions contemplated
hereunder.

 

(ii) This
Agreement constitutes a valid and binding obligation of the Client, enforceable against the Client in accordance with its
terms, subject to general equitable principles and bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium,
or other similar laws relating to or affecting generally the enforcement of creditors’ rights.

 

(b) Consultant
Representations and Warranties. The Consultant represents and warrants to the Client that the statements
contained in this Section 6(b) are correct and complete:

 

(i) The Consultant
is a limited liability company duly organized, validly existing, and in good standing under the laws of the province of British
Columbia Canada, with all requisite limited liability company power and authority to enter into this Agreement, perform its obligations
as provided for herein, and consummate the transactions contemplated hereunder.

 

(ii)  This
Agreement constitutes a valid and binding obligation of the Consultant, enforceable against the Consultant in accordance with its
terms, subject to general equitable principles and bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium, or
other similar laws relating to or affecting generally the enforcement of creditors’ rights.

 

6. NON-EXCLUSIVITY. Services
shall be rendered by the Consultant on a non-exclusive basis.  The Consultant understands that Client may engage other individuals
and entities to perform the same or similar Services. The Client understands that the Consultant may be engaged by or have ownership
or other interests in entities that Consultant may provide consulting services to, or be affiliated with, or participate with,
and there shall be no fiduciary obligation on the part of the Consultant, other than to disclose such affiliation and/or relationship.
The Consultant agrees that it will perform its duties and obligations under this Agreement in good faith and in a commercially
reasonable manner.

 

    2

     

    

 

7. INDEPENDENT
CONTRACTOR. Client acknowledges that Consultant is an independent contractor of the Client. Consultant, its officers,
employees and agents shall not be and shall not represent themselves as agents or employees of the Client.  Payments to consultant
hereunder shall not be subject to withholding taxes or other employment taxes as required with respect to compensation paid to
an employee.

 

8. APPLICABLE
LAW AND MEDIATION. This Agreement will be governed by and construed in accordance with the laws of the State of Nevada.
In the event any dispute or controversy arises between the Parties relating to the terms and conditions of this Agreement, or the
alleged breach thereof, the Parties agree agrees that prior to initiating any action in connection with such dispute or controversy
the Parties shall submit the dispute or controversy to non-binding mediation to be conducted in Clark County Nevada under the Commercial
Mediation Rules of the American Arbitration Association.  Notwithstanding the foregoing agreement to mediate any such dispute
or controversy, (a) upon the passage of 30 days from the date such dispute or controversy is submitted to mediation, either Party
may commence litigation for the purpose of resolving the dispute or controversy, and (b) the foregoing agreement shall not limit
the ability of either Party to obtain temporary or permanent injunctive relief at any time for the purpose of restraining a Party
to this Agreement from any continuing or threatened breach of this Agreement.  The Parties waive trial by jury in any action,
proceeding or counterclaim brought by either of them against the other on all matters arising out of this Agreement.

 

9.  NOTICES. Any
and all notices and other communication from any Party to the other required or permitted hereunder must be in writing and sent
by either (i) United States mail, as first class mail, certified mail or registered mail, postage prepaid, return receipt requested,
or (ii) by a nationally recognized overnight courier or delivery service, or (iii) by facsimile transmission with an original mailed
by one of the methods set forth in subsections (i) or (ii) of this Section 9, and addressed as follows:  

 

If to Consultant:

 

Contigo Resources
Ltd

460 – 688
Hastings Street West

Vancouver, BC Canada
V1B 1P1

Attention: James
Rogers

jrogers@longfordex.com

 

If to Client:

 

Core Lithium
Corp

250 East Fifth Street

15th Floor PMB #121

Cincinnati, OH
45202 

Attn:
Christopher Vallos

chris@corelithium.com

 

 

10.
CONFIDENTIAL INFORMATION.

 

(a) Defined.
All proprietary or non-public data, information or other items exchanged between the Parties under this Agreement, will be
considered to be confidential in nature, including, without limitation, the terms and conditions of this Agreement (“ Confidential
Information ”).

 

    3

     

    

 

(b) Obligations.  The
Parties agree to use Confidential Information provided hereunder only for purposes directly related to the Services provided under
this Agreement and this Agreement; to restrict disclosure of Confidential Information solely to employees with a need to know;
and not to disclose such Confidential Information to other third parties.  Notwithstanding the foregoing, (i) the obligations
of confidentiality set forth in this Section 10 shall not apply to Confidential Information that is (1) publicly available, (2)
rightfully received by the receiving Party from a third party and not accompanied by confidentiality obligations, (3) already in
the receiving Party’s possession and lawfully received from sources other than the disclosing Party, (4) independently developed
by the receiving Party without the use, benefit or aid of Confidential Information provided by the disclosing Party, or (5) approved
in writing for release or disclosure without restriction by the disclosing Party, and (ii) the terms of this Section 10 will not
preclude the disclosure of Confidential Information by either Party is such disclosure is: (1) in response to a valid order of
a court or other governmental body, (2) otherwise required by law, or (3) necessary to establish rights under this Agreement, provided,
however, that such Party must notify the disclosing Party of such request or requirement and will limit the disclosure.

 

11. INDEMNIFICATION.
Consultant agrees to indemnify, hold harmless and defend Client and its directors, officers, employees and agents, at its sole
cost, from and against any action, claim, demand or liability, including reasonable attorney’s fees and costs, arising from
or relating to: (i) Consultant’s breach of this Agreement; (ii) or any claim, finding or allegation that Consultant has violated
any state or federal securities laws in connection with the Services or which result from the sale of any of the Client securities
in which Consultant was involved, either directly or indirectly.  Client agrees, at its sole defense, to indemnify and defend
Consultant from and against any damages, claims or suits by third parties against Consultant arising from the performance of the
Services hereunder unless caused by Consultant’s intentional misconduct.

 

12. NON-GUARANTEE.
  Consultant promises to exercise good faith and commercially reasonable efforts in its duties and responsibilities
in its entirety and makes no guarantee it will be successful in any claims made to the Client either verbally and pursuant to any
results and claims stipulated in this Agreement. Any comments made regarding potential time frames and anything that pertains to
the outcome of Client’s requests is expressions of opinion only. Client acknowledges and agrees it is not required to make
exclusive use of Consultant for any services Consultant holds no exclusive rights to the Client’s projects.

 

13. MISCELLANEOUS.

 

(a) Assignment.
 The rights and obligations hereunder may not be assigned or transferred by either Party without the prior written consent
of the other Party.

 

(b) Entire
Agreement.  This Agreement constitutes the entire agreement of the Parties with regard to its subject matter and
super cede all previous written or oral representations, agreements and understandings between the Client and Consultant.

 

(c) No
Modification. The Agreement may be modified, amended, or changed only by a written instrument signed by the Parties.
 

 

(d) Severability,
No Waiver. In the event that any provision in this Agreement will, for any reason, be held to be invalid, illegal, or
unenforceable in any respect, such invalidity, illegality, or unenforceability will not affect any other provisions of this Agreement,
and all other provisions will remain in full force and effect.  The failure of a Party to enforce at any time any of the provisions
of this Agreement shall in no way be construed to be a waiver of any such provisions or the right of the Party thereafter to enforce
such provisions.  No waiver of any breach of this Agreement shall be held to be a waiver of any other or subsequent breach.

 

14. COUNTERPARTS. This
Agreement may be executed simultaneously in one or more counterparts (and such counterpart signatures may be delivered by the Parties
as a PDF attachment to an email or via other electronic means), each of which shall be deemed an original, and all of which together
shall constitute one single Agreement among the Parties.

 

[ Signatures
on Following Page ]

 

    4

     

    

 

IN WITNESS WHEREOF ,
this Agreement has been executed and delivered effective as of the date first set forth above.

 

CLIENT:  

 

	Core Lithium Corp	 
	 	 	 
	By:	/s/ Christopher P. Vallos	 
	Name:	Christopher Vallos	 
	Title:	Chief Executive Officer  	 

 

CONSULTANT:

 

	Contigo Resources Ltd	 
	 	 	 
	By:	/s/ James Rogers  	 
	Name:	James
Rogers	 
	Title:	 Director 	 

 

 

    5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00290-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00290-of-00352.parquet"}]]