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                                                                    Exhibit 10.1

                  AMENDMENT NO. 1 TO INVESTOR RIGHTS AGREEMENT

         This Amendment No. 1, dated as of October 23, 2006 (this  "AMENDMENT"),
to the  Investor  Rights  Agreement,  dated as of June 28, 2006 (as amended from
time to time,  the  "AGREEMENT"),  is made and entered into among  GlobalOptions
Group,  Inc.,  a Nevada  corporation  (the  "COMPANY"),  and North Sound  Legacy
International Ltd. and North Sound Legacy  Institutional Fund LLC (collectively,
"NORTH  SOUND").  Capitalized  terms  used  and not  otherwise  defined  in this
Amendment shall have the respective meanings assigned to them in the Agreement.

         WHEREAS,  the parties  hereto wish to amend the Agreement to modify the
definition of "Effectiveness Date";

         WHEREAS,  Section 7(h) of the Agreement provides that the provisions of
the Agreement may not be amended, modified or supplemented unless the same shall
be in writing  and signed by the  Company and the Holders of at least a majority
of the Registrable Securities;

         WHEREAS, North Sound holds a majority of the Registrable Securities.

         NOW, THEREFORE,  for good and valuable  consideration,  the receipt and
sufficiency of which are hereby acknowledged, the Company and North Sound hereby
agree as follows:

         1. The definition of "Effectiveness Date" in Section 1 of the Agreement
is hereby amended and restated in its entirety to read as follows:

         "EFFECTIVENESS  DATE"  means the date that is one  hundred  and  twenty
(120) days  following the Closing Date,  provided that such date shall be tolled
(i) for the  duration of any  Blackout  Period,  (ii) for periods of  regulatory
review exceeding  customary periods,  and (iii) for periods of regulatory review
the  resolution of which is outside the full control,  power or authority of the
Company or its agents,  provided the Company has met comment response  deadlines
applicable to it (to the extent within its or its agents' full control, power or
authority)  and is using its reasonable  best efforts to cause the  Registration
Statement to be declared effective under the Securities Act.

         2. All of the terms and  conditions  set forth in the  Agreement  shall
remain in full force and effect, except to the extent expressly provided herein.

                            [Signature page follows]

         IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly  executed  by their  respective  authorized  persons  as of the date  first
indicated above.

GLOBALOPTIONS GROUP, INC.

By:   /s/ Harvey W. Schiller
    ---------------------------------
Name:   Harvey W. Schiller
Title:  Chairman & CEO

NORTH SOUND LEGACY INTERNATIONAL LTD.

By: North Sound Capital LLC; Investment Advisor

By:  /s/ Thomas McAuley
    ---------------------------------
Name:  Thomas McAuley
Title: Chief Investment Officer

NORTH SOUND LEGACY INSTITUTIONAL FUND LLC

By: North Sound Capital LLC; Manager

By:  /s/ Thomas McAuley
    ---------------------------------
Name:  Thomas McAuley
Title: Chief Investment Officer

                                       2Exhibit 10.1 First Omnibus Amendment

    
      

    
                                                                                            Exhibit
    10.1
    

     

    FIRST
      OMNIBUS AMENDMENT

     

    THIS
      FIRST OMNIBUS AMENDMENT (this “Amendment”),
      dated
      as of October 20, 2006 is entered into by and among CALYON NEW YORK BRANCH
      (“Calyon”),
      THE
      BANK OF NOVA SCOTIA (“Scotia”),
      ATLANTIC ASSET SECURITIZATION CORP. (“Atlantic”),
      LIBERTY STREET FUNDING CORP. (“Liberty
      Street”),
      UNITED RENTALS RECEIVABLES LLC II (the “SPV”),
      UNITED RENTALS, INC. (the “Collection
      Agent”),
      and
      UNITED RENTALS (NORTH AMERICA), INC., UNITED RENTALS NORTHWEST, INC., UNITED
      RENTALS SOUTHEAST, L.P., AND UNITED EQUIPMENT RENTALS GULF, L.P. (collectively,
      the “Originators”).
      Capitalized terms used and not otherwise defined herein are used as defined
      in
      the Agreements (as defined below).

     

     

    RECITALS

     

    WHEREAS,
      the Originators, the Collection Agent and the SPV entered into that certain
      Purchase and Contribution Agreement, dated as of May 31, 2005 (the “PCA”);

     

    WHEREAS,
      the SPV, as Seller, the Collection Agent, Atlantic and Liberty Street, as
      Purchasers, Calyon, as a bank, as purchaser agent for Atlantic and as
      administrative Agent (a “Bank,”
      “Atlantic
      Purchaser Agent”
and
      “Administrative
      Agent”),
      and
      Scotia, as a bank and as purchaser agent for Liberty (a “Bank”
and
      “Liberty
      Purchaser Agent”),
      entered into that certain Receivables Purchase Agreement dated as of May 31,
      2005 (the “RPA”
and
      together with the PCA, the “Agreements”);

     

    WHEREAS,
      the parties hereto desire to amend the Agreements as hereinafter set
      forth;

     

    NOW,
      THEREFORE, the parties agree as follows: 

     

    
      	 	
              Section
                1.

            	
              Amendments
                to the RPA. 

            

    

     

    (a) The
      definition of “Bank Commitment” is hereby amended by deleting the references to
“$100,000,000” therein and inserting “$150,000,000” in their place.

     

    (b) The
      definition of “Comparable Credit Facility” is hereby deleted in its
      entirety.

     

    (c) The
      definition of “Facility Termination Date” is hereby deleted in its entirety and
      replaced with the following:

     

    “Facility
      Termination Date”
means
      the earliest of (a) October 20, 2011, (b) the
      date
      determined pursuant to Section 2.02, (c) the date the Purchase Limit is reduced
      to zero pursuant to Section 1.01(b) or (d) the date upon which the Credit
      Agreement is terminated in connection with an Event of Default
      thereunder.

     

    (d) The
      definition of “Purchase Limit” is hereby amended by deleting the reference to
“$200,000,000” therein and inserting “$300,000,000” in its place.

     

    (e) The
      definition of “Maximum Funded Debt to Cash Flow Ratio” is hereby amended by
      deleting the reference to “Maximum.”

     

     

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    (f) 
      The definition of “Daily Report Trigger Event” is hereby amended by deleting the
      reference to “Maximum” in clause (b) therein.

     

    (g) Section
      4.06(d) is hereby deleted in its entirety and replaced with the
      following:

     

    (d) Termination
      of Credit Agreement.
      The
      Collection Agent shall notify the Administrative Agent and each Purchaser Agent
      of the termination of the Credit Agreement by the lenders thereunder as soon
      as
      reasonably practicable, but in any event within one (1) Business Day of the
      earlier of receipt by the Collection Agent or any Originator of notice of such
      termination and the effectiveness of such termination.

     

    
      	 	
              Section
                2.

            	
              Amendments
                to the PCA.
                

            

    

     

    (a) The
      definition of “Facility Termination Date” is hereby deleted in its entirety and
      replaced with the following:

     

    “Facility
      Termination Date”
means
      the earliest of (a) October 20, 2011, (b) the date determined pursuant to
      Section 7.01, (c) the date which the Buyer designates by at least five Business
      Days notice to the Administrative Agent and each Purchaser Agent and (d) the
      date upon which the Credit Agreement is terminated in connection with an Event
      of Default thereunder.

     

    (b) Section
      5.01(j)(iii) is hereby deleted in its entirety and replaced with the
      following:

     

    (iii) notice
      of
      the termination of the Credit Agreement by the lenders thereunder as soon as
      reasonably practicable, but in any event within one (1) Business Day of the
      earlier of receipt by the Collection Agent or any Originator of notice of such
      termination and the effectiveness of such termination.

     

    
      	 	
              Section
                3.

            	
              Agreements
                in Full Force and Effect as
                Amended

            

    

     

    Except
      as
      specifically amended hereby, all of the provisions of the Agreements and all
      of
      the provisions of all other documentation required to be delivered with respect
      thereto shall remain in full force and effect from and after the date hereof.
      

     

    
      	 	
              Section
                4.

            	
              Miscellaneous

            

    

     

    (a) This
      Amendment may be executed in any number of counterparts and by different parties
      hereto in separate counterparts, each of which when so executed shall be deemed
      to be an original and all of which when taken together shall not constitute
      a
      novation of any Agreement, but shall constitute an amendment thereof. The
      parties hereto agree to be bound by the terms and conditions of each Agreement,
      as amended by this Amendment, as though such terms and conditions were set
      forth
      herein. This Amendment shall be effective as of the date first written
      above.

     

    (b) The
      descriptive headings of the various sections of this Amendment are inserted
      for
      convenience of reference only and shall not be deemed to affect the meaning
      or
      construction of any of the provisions hereof.

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
 

    (c) 
      This Amendment may not be amended or otherwise modified except as provided
      in
      each respective Agreement.

     

    (d) This
      Amendment and the rights and obligations of the parties under this Amendment
      shall be governed by, and construed in accordance with, the laws of the state
      of
      New York (without giving effect to the conflict of laws principles thereof,
      other than Section 5-1401 and 5-1402 of the New York General Obligations Law,
      which shall apply hereto).

     

    

     

    The
      remainder of this page is intentionally left blank.

     

    

     

     

     

    
 

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have agreed to and caused this Amendment to be
      executed by their respective officers thereunto duly authorized, as of the
      date
      first above written.

    

    

    PURCHASERS:                                ATLANTIC
      ASSET SECURITIZATION CORP.

    

                   
By: CALYON
      NEW YORK BRANCH, 

                   
as
      Attorney-in-Fact

    

              
      By: ______/s/______________

           Name:

           Title:

    

             
      By: ______/s/______________

            
      Name: 

           
      Title: 

    

    

                    
      LIBERTY STREET FUNDING CORP.

    

                   
      By: _______/s/_____________

               Name:

                  
      Title:

    

     

    PURCHASER
      AGENTS:                           
      CALYON
      NEW YORK BRANCH

    

                 
      By: _______/s/_____________

             Name:

                
      Title:

    

                
By: ________/s/____________

               
      Name: 

               
Title:

    

    

                THE
      BANK OF NOVA
      SCOTIA

    

                By: _________/s/___________

              
Name:
      

              
Title:

    

     

    ADMINISTRATIVE                              
      CALYON
      NEW YORK BRANCH

    AGENT:    

                By: _________/s/___________

             
 Name:
      

              
      Title:

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

           By: _________/s/___________

             
Name:
      

             
      Title:

     

    

    BANKS:                                  
      CALYON
      NEW YORK BRANCH

    

               By: _________/s/___________

              Name:

              Title:

    

               By: _________/s/___________

             
Name:
      

             
Title:
      

    

    

                THE
      BANK OF NOVA
      SCOTIA

    

                By: _________/s/___________

              
Name:
      

           Title:

    

    SPV:                                    UNITED
      RENTALS RECEIVABLES LLC II

    

                By: _________/s/___________

              
Name:
      

              
Title:

    

                By: _________/s/___________

              
Name:
      

              
Title:

    

     

    COLLECTION
      AGENT:                        
UNITED
      RENTALS, INC.

    

                By: _________/s/___________

              
Name:
      

           Title:
      

    

                By: _________/s/___________

              
      Name: 

              
      Title:

    

    

    ORIGINATORS:                              
      UNITED
      RENTALS (NORTH AMERICA), INC.

                By: _________/s/___________

              
Name:
      

              
Title:
      

     

     

    
 

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

                   By: ________/s/____________

             
Name:
      

             
Title:
      

    

    

                UNITED
      RENTALS
      NORTHWEST, INC.

    

                By: _______/s/_____________

              
Name:

              
Title:

    

                By: ________/s/____________

              
Name:
      

              
Title:
      

    

    

                UNITED
      RENTALS
      SOUTHEAST, L.P.

    

                By: ________/s/____________

              
Name:
      

              
Title:
      

    

                By: ________/s/____   
      ______

              
Name:
      

              
Title:
      

    

    

                UNITED
      EQUIPMENT
      RENTALS GULF, L.P.

    

                By: _________/s/___________

              
Name:
      

              
Title:
      

    

                By: ________/s/____________

              
      Name:

           Title:

     

    
6

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