Document:

EXHIBIT 10.56
                                                                   -------------

                               SECURITY AGREEMENT
                               ------------------

         SECURITY AGREEMENT (this "Agreement"),  made this 13th day of November,
2000,  by and among the  individuals  and  entities  listed on Schedule 1 hereto
(collectively the "Secured Parties"),  and COMMODORE APPLIED TECHNOLOGIES,  INC.
(the "Debtor");

                              W I T N E S S E T H :
                              ---------------------

         WHEREAS,   the  Debtor  will  receive  substantial  benefits  from  the
transactions  contemplated  by the  Securities  Purchase  Agreement of even date
herewith (the "Purchase Agreement");

         WHEREAS,  concurrently  with the  execution  and delivery  hereof,  the
Secured Parties,  Debtor and Commodore  Environmental Services, Inc ("COES") are
entering into the Purchase Agreement, pursuant to which the Secured Parties have
agreed,  subject to the terms and  conditions  thereof,  to purchase  promissory
notes in the  aggregate  principal  amount of up to $500,000 to be  evidenced by
those   certain   promissory   notes  of  the  Debtor  of  even  date   herewith
(collectively, the "Notes"); and

         WHEREAS,  in order to induce the Secured  Parties to purchase the Notes
pursuant to the Purchase Agreement the Secured Parties have required that Debtor
grant the Secured  Parties with a perfected  lien on the  Collateral (as defined
below), pursuant to the terms and conditions of this Agreement.

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

1.       Definitions.
         -----------

         (a) All terms used  herein  which are defined in Article 1 or Article 9
of the Uniform  Commercial  Code as adopted in the State of New York, as amended
from time to time,  (the "Code") shall have the meanings  given  therein  unless
otherwise  defined in this Agreement.  All references to the plural herein shall
also mean the  singular  and to the  singular  shall also mean the  plural.  All
references to Secured  Parties and Debtor  pursuant to the definitions set forth
in the recitals  hereto,  or to any other person  herein,  shall  include  their
respective   heirs,   executors,   administrators,   personal   representatives,
successors and permitted  assigns.  The words "hereof,"  "herein,"  "hereunder,"
"this  Agreement" and words of similar import when used in this Agreement  shall
refer to this  Agreement  as a whole and not any  particular  provision  of this
Agreement  and as  this  Agreement  now  exists  or may  hereafter  be  amended,
modified, supplemented, extended, renewed, restated or replaced.

<PAGE>

         (b) In addition to those  capitalized  terms defined  elsewhere in this
Agreement,  the  following  terms shall have the following  respective  meanings
wherever used in this Agreement:

         "Accounts"  shall mean the collective  reference to (i) all present and
future rights of the Debtor and all of its  100%-owned  subsidiaries  to receive
payment for goods sold or leased, for services  rendered,  or for loans or other
financial  accommodations  extended,  whether or not evidenced by instruments or
chattel paper,  and whether or not earned by  performance;  and (ii) all present
and future  rights of the  Debtor to receive  cash  distributions  from  Dispute
Resolution Management, Inc., a Utah corporation ("DRM"), an 81% owned subsidiary
of the  Debtor,  whether  in the  form of  dividends,  loans,  bonuses,  fees or
otherwise.  Notwithstanding the foregoing, the term "Accounts" shall not mean or
include  Accounts  which have  heretofore  been  assigned,  pledged or otherwise
encumbered by Debtor or any  wholly-owned  subsidiary of Debtor to KBK Financial
Corporation.

         "Collateral" shall have the meaning set forth in Section 2 below.

         "Event of Default" shall have the meaning ascribed thereto in the Note.

         "Obligations"  shall mean the  collective  reference to all  principal,
interest,  collection costs,  expenses,  fees and other amounts owing or payable
from time to time under the Notes,  and any further  amounts which,  pursuant to
the Purchase Agreement,  this Agreement and/or any Ancillary  Agreement,  may be
deemed part of and/or added to the Obligations,  whether arising before or after
the  commencement  of any case with  respect to Debtor  under the United  States
Bankruptcy  Code or any similar  statute  (including,  without  limitation,  the
payment of interest and other  amounts which would accrue and become due but for
the commencement of such case).

         "Person" or "person" shall mean any  individual,  sole  proprietorship,
partnership,   corporation,   limited   liability   company,   business   trust,
unincorporated  association,  joint stock  corporation,  trust, joint venture or
other entity or any  government  or any agency or  instrumentality  or political
subdivision thereof.

         "Security Interests" shall mean the liens and security interests in the
Collateral granted by Debtor for the ratable benefit of Secured Parties, and all
rights and remedies in respect thereof, pursuant to this Agreement.

         (c)  Unless  otherwise  separately  defined  in  this  Agreement,   all
capitalized  terms when used herein,  shall have the same meaning and definition
as set forth in the Purchase Agreement.

2.       The Security Interests.
         ----------------------

         In order to secure the due and punctual  payment and performance of all
Obligations owing to the Secured Parties from time to time, Debtor hereby grants
to Secured  Parties,  for its ratable  benefit,  a continuing  lien and security
interest in, and hereby  assigns to Secured  Parties as collateral  security,  a
first priority lien on all Accounts,  whether now owned or hereafter acquired or
existing, and wherever located (collectively, the "Collateral").

                                       2
<PAGE>

3.       Filing; Further Assurances.
         --------------------------

         Debtor will, at its expense, execute, deliver, file and record (in such
manner and form as Secured Parties shall require),  or permit Secured Parties to
file and record, (a) all financing statements,  (b) all carbon,  photographic or
other  reproductions  of financing  statements or this Agreement (which shall be
sufficient as a financing statement hereunder), (c) all endorsements to title to
any  vehicles  or other  Collateral  as may be  required in order to perfect the
Security  Interests  therein,  and (d) all specific  assignments or other papers
that may be necessary or  desirable,  or that  Secured  Parties may request,  in
order to create,  preserve,  perfect or  validate  any  Security  Interest or to
enable Secured Parties to exercise and enforce its rights hereunder with respect
to any of the  Collateral.  Debtor hereby  appoints  Secured Parties as Debtor's
attorney-in-fact  to execute and file, in the name and on behalf of Debtor, such
additional financing statements as Secured Parties may request. In addition,  in
the event and to the extent that any of Collateral consists of or is represented
by  instruments or other  evidences of ownership such as would require  physical
possession of same in order to perfect the Security  Interests  therein,  Debtor
will  promptly,  at its  expense,  deliver  same to  Secured  Parties,  with any
necessary endorsements thereon. If any Account becomes evidenced by a promissory
note or any other  instrument for the payment of money,  Debtor will immediately
deliver such instruments to Secured Parties appropriately endorsed.

4.       Representations and Warranties of Debtor.
         ----------------------------------------

         Debtor hereby represents and warrants as follows:

                  (a) That  Debtor is the valid and  lawful  owner of all of the
Collateral,  free  from  any  and  all  adverse  liens,  security  interests  or
encumbrances;

                  (b) All Accounts (i) represent complete bona fide transactions
with  customers in the ordinary  course of Debtor's  business  which  require no
further  act under any  circumstances  on  Debtor's  part to make such  Accounts
payable by the account debtors, (ii) to the best of Debtor's knowledge,  are not
subject to any present, future or contingent offsets, disputes or counterclaims,
(iii) do not represent bill and hold sales, consignment sales, guaranteed sales,
sale or return or other similar  understandings  or obligations of any affiliate
or subsidiary of Debtor,  (iv) to the best of Debtor's  knowledge,  there are no
facts, events or occurrences which in any way impair the validity or enforcement
thereof or tend to reduce the amount  payable  under any Accounts and (v) Debtor
has no knowledge that any customer is unable  generally to pay its debts as they
become due.

                  (c) That Debtor has full right,  power and  authority to grant
to  Secured  Parties  the  Security  Interests  pursuant  to the  terms  of this
Agreement,  and  that,  except  as set  forth in this  Agreement,  the  Security
Interests  do  not  conflict  with  any  rights  of  any  other  persons  or any
commitments of Debtor to any other persons;

                  (d) That no financing statement covering any of the Collateral
is on file in any public office,  other than financing statements filed pursuant
to this Agreement.

                                       3
<PAGE>

5.       Covenants of Debtor.
         -------------------

         Debtor hereby covenants and agrees as follows:

                  (a) That Debtor will take all commercially reasonable steps to
defend the Collateral and the Security  Interests against all claims and demands
of all  persons  at any time  claiming  any  adverse  interest  therein or there
against;

                  (b) That Debtor will give  written  notice  thereof to Secured
Parties at least  thirty  (30) days prior to any change in the  location  of the
principal  office of Debtor or the office where  Debtor  maintains or stores (i)
its books and records  pertaining to the Accounts and/or any other Collateral or
(ii) any other Collateral;

                  (c)  That  Debtor  will   promptly  pay  any  and  all  taxes,
assessments and governmental  charges upon the Collateral prior to the date that
penalties  may attach  thereto or same  become a lien on any of the  Collateral,
except to the extent that such taxes, assessments and charges shall be contested
by Debtor in good faith and through appropriate proceedings;

                  (d) That Debtor will immediately notify Secured Parties of any
event causing a material loss or diminution in the value of the Collateral,  and
the amount (or Debtor's best estimate of the amount) of such loss or diminution;

                  (e) That Debtor will at all times have and maintain  insurance
with  respect  to all  insurable  Collateral  in  amounts  and of  types  as are
customarily  maintained  by  other  companies  of  comparable  size  and type of
business,  each of which insurance  policies shall name the Secured Parties as a
loss payee as its interests may appear.  All policies of insurance shall provide
for a minimum of ten (10) business days' written notice to Secured Parties prior
to any cancellation,  modification or non-renewal thereof.  Debtor shall, on the
date  hereof  and from  time to time upon  request  hereafter,  furnish  Secured
Parties with  certificates or other evidence  satisfactory to Secured Parties of
compliance with the foregoing insurance provisions;

                  (f) That Debtor will keep all of the Collateral  free from any
and all adverse liens, security interests or encumbrances, and in good order and
repair,  reasonable  wear and tear  excepted,  and will not waste or destroy the
Collateral or any part thereof;

                  (g) That  Debtor  will not  dispose  of any of the  Collateral
whether by sale, lease or otherwise;

                  (h) That Debtor will place  notations  upon Debtor's  books of
account and any  financial  statement  prepared  by Debtor to  disclose  Secured
Parties' security interest in the Collateral;

                  (i) That  Debtor  will  perform  all  other  reasonable  steps
requested by Secured Parties to create and maintain in Secured  Parties' favor a
valid perfected security interest in all Collateral;

                  (j) That Debtor  will at any time and from time to time,  upon
the  written  request  of  Secured  Parties  and at the sole  expense of Debtor,
promptly and duly execute and deliver any and all such further  instruments  and

                                       4
<PAGE>

documents and take such further actions as Secured  Parties' may reasonably deem
desirable to obtain the full  benefits of this  Agreement  and of the rights and
powers herein granted, including, without limitation: (i) using its best efforts
to secure all consents and approvals necessary or appropriate for the assignment
to or for the  benefit of Secured  Parties of any  license or  contract  held by
Debtor or in which Debtor has any rights not  heretofore  assigned;  (ii) filing
and financing or continuation statements under the UCC with respect to the liens
and security interests granted hereunder or under any other Ancillary Agreement;
(iii) transferring Collateral to Secured Parties' possession (if such Collateral
consists of chattel paper or if a security  interest in such  Collateral  can be
perfected only by possession, or if otherwise requested by Secured Parties); and
(iv) using its efforts to obtain waivers, in form and substance  satisfactory to
Secured  Parties,  of liens from  landlords and  mortgagees.  Debtor also hereby
authorizes Secured Parties to file any such financing or continuation  statement
without the signature of Debtor to the extent  permitted by  applicable  law. If
any amount payable under or in connection with any of the Collateral is or shall
become evidenced by any instrument, such instrument, other than checks and notes
received in the ordinary  course of business,  shall be duly endorse in a manner
satisfactory to Secured Parties immediately upon Debtor receipt thereof.

                  (k)  That  Debtor  will  not  change  its  name,  identity  or
corporate structure in any manner which might make any financing or continuation
statement  filed by Secured  Parties to be seriously  misleading  without giving
Secured Parties at least thirty (30) days prior written notice thereof and taken
such action  necessary or reasonably  requested by Secured Parties to amend such
financing statement or continuation statement;

                  (l)  That  Debtor  will  not  use  any  of the  Collateral  in
violation of any applicable law.

6.       Records Relating to Collateral.
         ------------------------------

         Debtor will keep and maintain complete and accurate records  concerning
the  Collateral,  including all chattel paper  included in the Accounts,  at its
principal  executive office as set forth in Exhibit A annexed hereto, or at such
other  place(s) of business  as Secured  Parties may approve in writing.  Debtor
will (a) faithfully hold and preserve such records and chattel paper, (b) permit
representatives  of Secured  Parties,  at any time during normal business hours,
upon reasonable  notice,  and without undue disruption of Debtor'  business,  to
examine and  inspect the  Collateral  and to make copies and  abstracts  of such
records and chattel paper,  and (c) furnish to Secured Parties such  information
and reports  regarding the  Collateral as Secured  Parties may from time to time
reasonably request.

7.       Collections with Respect to Accounts.
         ------------------------------------

         Debtor will, at its expense:

                  (a)  endeavor  to  collect  or  cause  to  be  collected  from
customers  and other  Persons  indebted on Accounts or obligated  to  distribute
funds  in  respect  of the  Accounts,  as and  when  due,  any and all  amounts,
including interest, owing under or on account of each Account.

                                       5
<PAGE>

                  (b)  take or  cause to be taken  such  appropriate  action  to
repossess goods,  the sale of which gave rise to any Account,  or to enforce any
rights or liens under  Accounts,  as Debtor or Secured  Parties may deem proper,
and in the name of  Debtor or  Secured  Parties,  as  Secured  Parties  may deem
proper;  provided,  that (i) Debtor  will use its best  judgment  to protect the
interests of Secured  Parties,  and (ii) Debtor shall not be required under this
Section 7 to take any action  which  would be contrary  to any  applicable  law.
Debtor shall,  at the request of Secured  Parties  following the  occurrence and
during the continuance of an Event of Default, notify the account debtors of the
Security  Interests  of Secured  Parties  in any of the  Accounts,  and  Secured
Parties may itself at any such time so notify account  debtors.  Secured Parties
shall  have full power at any time after  such  notice to  collect,  compromise,
endorse,  sell or  otherwise  deal with any or all  outstanding  Accounts or the
proceeds  thereof in the name of either Secured Parties or Debtor.  In the event
that, after notice to any account debtors directing payments to Secured Parties,
Debtor receives any payment(s) on any Account(s), then, such payment(s) shall be
held by Debtor in trust for  Secured  Parties  and  immediately  turned  over to
Secured  Parties as aforesaid,  for  application  in accordance  with Section 11
below.

8.       General Authority.
         -----------------

                  (a) In the event that any Secured Parties shall at any time be
required to take action to defend the Security  Interests,  or Debtor shall fail
to satisfy its  obligations  under Section 5(c),  5(e) or 5(f)hereof,  then such
Secured Parties shall have the right,  but shall not be obligated,  to take such
steps and make such  payments as may be required in order to effect  compliance,
and such  Secured  Parties  shall have the right  either to demand  and  receive
immediate  reimbursement from Debtor for all costs and expenses incurred by such
Secured Parties in connection  therewith,  and/or to add such costs and expenses
to the Obligations;

                  (b) Debtor hereby  irrevocably  appoints  Secured  Parties the
true and lawful  attorney for Debtor,  with full power of  substitution,  in the
name of Debtor,  the Secured Parties or otherwise,  for the sole use and benefit
of the Secured Parties,  but at Debtor' expense,  to the extent permitted by law
to  exercise,  at any time and from time to time  during the  continuance  of an
Event of Default,  any or all of the following powers with respect to any or all
of the  Collateral  (which powers shall be in addition and  supplemental  to any
powers, rights and remedies of the Secured Parties described herein):

                           (i) to demand,  sue for,  collect,  receive  and give
acquittance  for any and all  monies  due or to  become  due  upon or by  virtue
thereof;

                           (ii) to receive,  take,  endorse,  assign and deliver
any  and  all  checks,  notes,  drafts,   documents  and  other  negotiable  and
non-negotiable  instruments  and chattel  paper taken or received by any Secured
Parties in connection therewith;

                           (iii)  to  settle,  compromise,   discharge,  extend,
compound, prosecute or defend any action or proceeding with respect thereto;

                           (iv) to sell,  transfer,  assign or otherwise deal in
or with same, or the proceeds or avails  thereof,  or the related goods securing
the  Accounts,  as fully and  effectually  as if any  Secured  Parties  were the
absolute owner thereof;

                                       6
<PAGE>

                           (v) to  extend  the  time  of  payment  of any or all
thereof and to make any allowance and other adjustments with reference  thereto;
and

                           (vi)  to  discharge   any  taxes,   liens,   security
interests or other encumbrances at any time placed thereon.

         Anything hereinabove contained to the contrary notwithstanding, Secured
Parties  shall give Debtor not less than ten (10)  business  days' prior written
notice of the time and place of any sale or other intended disposition of any of
the  Collateral,  except any  Collateral  which is  perishable  or  threatens to
decline  speedily  in value  or is of a type  customarily  sold on a  recognized
market.  Secured  Parties and Debtor  hereby agree that such notice  constitutes
"reasonable notification" within the meaning of Section 9-504(3) of the Code.

9.       Remedies Upon Event of Default.
         ------------------------------

                  (a) If  any  Event  of  Default  shall  have  occurred  and be
continuing,  then,  any  Secured  Parties  may  exercise  all of the  rights and
remedies  of a Secured  Parties  under the Code  (whether  or not the Code is in
effect in the jurisdiction where such rights and remedies are exercised) and, in
addition,  any Secured  Parties may,  without being required to give any notice,
except as herein provided or as may be required by mandatory  provisions of law,
(a)  apply  the  cash,  if any,  then  held by it as  Collateral  in the  manner
specified  in Section 11  hereof,  and (b) if there  shall be no such cash or if
such cash shall be  insufficient to pay all of the Obligations in full, sell the
Collateral,  or any part  thereof,  at public or private sale or at any broker's
board or on any  securities  exchange,  for  cash,  upon  credit  or for  future
delivery,  and  at  such  price  or  prices  as the  Secured  Parties  may  deem
satisfactory.  Secured Parties may require Debtor to assemble all or any part of
the  Collateral  and  make it  available  to  Secured  Parties  at a place to be
designated  by Secured  Parties  which is  reasonably  convenient  to Debtor and
Secured Parties.  Any holder of a Note may be the purchaser of any or all of the
Collateral  so sold at any  public  sale  (or,  if the  Collateral  is of a type
customarily sold on a recognized  market or is of a type which is the subject of
widely  distributed  standard  price  quotations,   at  any  private  sale)  and
thereafter  hold  same,  absolutely  free from any right or claim of  whatsoever
kind.  Secured Parties are authorized,  at any such sale, if it reasonably deems
same to be advisable,  to restrict the prospective  bidders or purchasers of any
of the Collateral  which could be subject to federal or state securities laws to
persons  who will  represent  and agree that they are  purchasing  for their own
account for investment and not with a view to the distribution or sale of any of
such  Collateral.  Upon any such sale,  Secured  Parties shall have the right to
deliver,  assign and transfer to the purchaser  thereof the  Collateral so sold.
Each  purchaser at any such sale shall hold the  Collateral so sold  absolutely,
free from any claim or right of whatsoever  kind,  including any equity or right
of  redemption  of  Debtor.  To the  extent  permitted  by  law,  Debtor  hereby
specifically waives all rights of redemption,  stay or appraisal which it has or
may have under any rule of law or statute  now  existing or  hereafter  adopted.
Secured  Parties shall give Debtor not less than thirty (30) days' prior written
notice of its  intention  to make any such public or private  sale or sales at a
broker's  board or on a securities  exchange.  Such notice,  in case of a public
sale, shall state the time and place fixed for such sale, and in case of sale at
a broker's board or on a securities exchange,  shall state the board or exchange
at which  such  sale is to be made and the day on which the  Collateral,  or the
portion  thereof  being  sold,  will first be offered  for sale at such board or
exchange.  Any  such  public  sale  shall be held at such  time or times  within
ordinary  business hours and at such place or places as Secured  Parties may fix
in the notice of such sale. At any such sale,  the Collateral may be sold in one

                                       7
<PAGE>

lot as an entirety or in separate  parcels,  as Secured  Parties may  determine.
Secured  Parties  shall not be obligated to make such sale  pursuant to any such
notice. Secured Parties may, without notice or publication, except for notice to
Debtor not less than five (5) business days prior to the adjourn  date,  adjourn
any public or private sale or cause the same to be  adjourned  from time to time
by  announcement  at the time and place fixed for the sale, and such sale may be
made at any time or place to  which  the same may be  adjourned.  In case of any
sale of all or any part of the Collateral on credit or for future delivery,  the
Collateral so sold may be retained by Secured Parties until the selling price is
paid by the purchaser thereof,  but no Secured Parties shall incur any liability
in the  case  of the  failure  of  such  purchaser  to  take  up and pay for the
Collateral so sold and, in case of any such failure,  such  Collateral may again
be sold upon like notice.  Secured  Parties,  instead of exercising the power of
sale  herein  conferred  upon it,  may  proceed  by a suit or suits at law or in
equity to  foreclose  the Security  Interests  and sell the  Collateral,  or any
portion  thereof,  under a judgment or decree of a court or courts of  competent
jurisdiction.

                  (b) In furtherance of the foregoing powers of Secured Parties,
Debtor hereby  authorizes and appoints the Secured Parties,  with full powers of
substitution,  as the true and lawful  attorney-in-fact  of Debtor, in his name,
place and stead, to take any and all such action as Secured Parties, in its sole
discretion,  may deem necessary or appropriate in furtherance of the exercise of
the aforesaid  powers during the continuance of an Event of Default.  Such power
of attorney shall be coupled with an interest,  and shall be  irrevocable  until
the Notes are fully paid.  Without  limitation of the  foregoing,  such power of
attorney shall not in any manner be affected or impaired by reason of any act of
Debtor or by operation  of law.  Nothing  herein  contained,  however,  shall be
deemed to require or impose any duty upon any Secured Parties to exercise any of
the rights or powers granted herein.

10.      Right of Secured Parties to Use and Operate Collateral.
         ------------------------------------------------------

         Upon the occurrence and during the continuance of any Event of Default,
to the extent  permitted by law, Secured Parties shall have the right and power,
with or without legal process, to enter upon any or all of Debtor's premises, to
take possession of all or any part of the Collateral,  and to exclude Debtor and
all persons claiming under Debtor wholly or partly therefrom,  and thereafter to
sell same in accordance herewith and/or hold, store, and/or use, operate, manage
and control the same.  Upon any such taking of possession,  Secured Parties may,
from  time  to  time,  at  the  expense  of  Debtor,   make  all  such  repairs,
replacements,  alterations,  additions  and  improvements  to the  Collateral as
Secured  Parties may deem proper.  In such case,  Secured Parties shall have the
right to manage and control the  Collateral  and to carry on the business and to
exercise all rights and powers of Debtor in respect  thereof as Secured  Parties
shall deem proper, including the right to enter into any and all such agreements
with  respect to the leasing  and/or  operation  of the  Collateral  or any part
thereof as Secured Parties may see fit; and Secured Parties shall be entitled to
collect and receive all rents, issues,  profits, fees, revenues and other income
of the same and every part thereof. Such rents, issues,  profits, fees, revenues
and other income  shall be applied to pay the expenses of holding and  operating
the Collateral and of conducting the business  thereof,  and of all maintenance,
repairs, replacements,  alterations, additions and improvements, and to make all

                                       8
<PAGE>

payments which any Secured Parties may be required or may elect to make, if any,
for taxes,  assessments,  insurance and other charges upon the Collateral or any
part thereof,  and all other payments which any Secured  Parties may be required
or  authorized to make under any provision of this  Agreement  (including  legal
costs and  reasonable  attorneys'  fees).  The remainder of such rents,  issues,
profits,  fees,  revenues and other income shall be applied in  accordance  with
Section 11 below,  and,  unless  otherwise  provided  or required by law or by a
court of competent jurisdiction, any surplus shall be paid over to Debtor.

11.      Application of Collateral and Proceeds.
         --------------------------------------

         The proceeds of any sale of, or other realization upon, all or any part
of the Collateral shall be applied in the following order of priorities:

                  (a)  first,  to  pay  the  expenses  of  such  sale  or  other
realization,  and all expenses,  liabilities and advances incurred or made by or
on  behalf  of any  Secured  Parties  in  connection  therewith,  and any  other
unreimbursed  expenses  for  which  any  Secured  Parties  are to be  reimbursed
pursuant to Sections 8 and 12 hereof;

                  (b) second, to the payment of the Obligations then outstanding
in such  order or manner  as  Secured  Parties,  in its sole  discretion,  shall
determine; and

                  (c) finally,  to pay to Debtor,  or its successors or assigns,
or as a court of competent  jurisdiction may direct,  any surplus then remaining
from such proceeds.

12.      Expenses; Secured Parties' Lien.
         -------------------------------

         Debtor will, forthwith upon demand, pay to Secured Parties:

                  (a) the amount of any taxes or other charges which the Secured
Parties  have been  required to pay,  under  operation  of law, by reason of the
Security Interests  (including any applicable  transfer taxes) or to free any of
the Collateral from any lien thereon; and

                  (b)  the  amount  of  any  and  all  reasonable  out-of-pocket
expenses,  including the reasonable fees and disbursements of its counsel and of
any Secured Partiess not regularly in its employ,  which any Secured Parties may
incur in connection with (i) the collection, sale or other disposition of any of
the  Collateral,  (ii) the exercise by any Secured  Parties of any of the powers
conferred  upon  it  hereunder,  and/or  (iii)  any  default  on  Debtor's  part
hereunder.

13.      Termination of Security Interests; Release of Collateral.
         --------------------------------------------------------

         Upon the payment in full of all  Obligations,  the  Security  Interests
shall  terminate and all rights in the Collateral  shall revert to Debtor.  Upon
any such termination of the Security Interests or release of Collateral, Secured
Parties will, at Debtor'  expense,  execute and deliver to Debtor such documents
as Debtor shall  reasonably  request to evidence the termination of the Security
Interests or the release of such Collateral, as the case may be.

                                       9
<PAGE>

14.      Right of Set-Off.
         ----------------

         In  furtherance  and  not  in  limitation  of  any  provisions   herein
contained,  Debtor  hereby agrees that any and all deposits or other sums at any
time due from any  Secured  Parties  to  Debtor  shall at all  times  constitute
security for the Obligations,  and any Secured Parties may exercise any right of
set-off  against  such  deposits or other sums as may accrue or exist  hereunder
and/or under applicable law.

15.      Notices.
         -------

         All notices or communications hereunder shall be in writing,  addressed
to the Secured  Parties at the addresses set forth on Schedule 1 attached hereto
and to  Debtor  at  the  address  listed  on  Exhibit  A.  Any  such  notice  or
communication  shall  be sent  certified  or  registered  mail,  return  receipt
requested,  addressed  as above  (or to such  other  address  as such  party may
designate  in writing  from time to time),  and the actual date of  receipt,  as
shown by the receipt  therefor,  shall  determine  the time at which  notice was
given.

16.      Waivers; Non-Exclusive Remedies.
         -------------------------------

         No failure on the part of any Secured Parties to exercise, and no delay
in  exercising,  and no course of dealing with  respect to, any right,  power or
remedy under this  Agreement  shall operate as a waiver  thereof;  nor shall any
single or partial exercise by any Secured Parties of any right,  power or remedy
under this Agreement  preclude any exercise of any other right, power or remedy.
The remedies in this Agreement are cumulative and are not exclusive of any other
remedies provided by law, in equity or otherwise.

17.      Changes in Writing.
         ------------------

         Neither this Agreement nor any provision hereof may be changed, waived,
discharged or terminated orally but only by a statement in writing signed by the
party against which enforcement of the change, waiver,  discharge or termination
is sought.

18.      Governing Law; Consent to Jurisdiction; Waiver of Jury Trial.
         ------------------------------------------------------------

                  (a)  This  Agreement  shall   (irrespective  of  where  it  is
executed, delivered and/or performed) be governed by and construed in accordance
with the laws of the State of New York  (without  giving effect to principles of
conflicts of law), except as otherwise  required by mandatory  provisions of law
and except to the extent that  remedies  provided by the laws of any State other
than New York are governed by the laws of said State.

                  (b) The  parties  hereby  consent to the  jurisdiction  of all
courts  sitting in the State of New York, and of all courts from which an appeal
therefrom  may be taken,  with respect to any action or  proceeding  relating to
this Agreement or any related transactions.  THE PARTIES HEREBY WAIVES ANY RIGHT
TO TRIAL BY JURY IN ANY SUCH ACTION OR PROCEEDING, AND CONSENTS THAT THE SECURED
PARTIES MAY FILE A COPY OF THIS AGREEMENT WITH ANY COURT AS WRITTEN  EVIDENCE OF
THE CONSENT OF THE PARTIES HERETO WITH RESPECT TO JURISDICTION AND THE WAIVER OF
THE RIGHT TO TRIAL BY JURY.

                                       10
<PAGE>

19.      Severability.
         ------------

         If any  provision  hereof  is  held  invalid  or  unenforceable  in any
jurisdiction,  such  provision  shall  (for  purposes  of  enforcement  in  such
jurisdiction  only) be reduced in scope and  effect to the extent  necessary  to
render same  enforceable,  and the other provisions  hereof shall remain in full
force and effect in such jurisdiction.

20.      Headings.
         --------

         The captions and Section headings in this Agreement are for convenience
of  reference  only,  and shall not limit or  otherwise  affect  the  meaning or
interpretation of any provision hereof.

21.      Assignment.
         ----------

         This Agreement may not be assigned by Debtor without  Secured  Parties'
prior  written  consent,  but shall  otherwise  be binding upon and inure to the
benefit  of  the  parties  hereto  and  their   respective   heirs,   executors,
administrators, personal representatives, successors and assigns.

22.      Counterparts; Fax Signatures.
         ----------------------------

         This  Agreement  may  be  executed  simultaneously  in  any  number  of
counterparts,  each of  which  shall be  deemed  an  original,  but all of which
together  shall   constitute  one  and  the  same  instrument  when  instruments
originally  executed  by each party  shall  have been  received  by Debtor.  Any
signature delivered via facsimile transmission shall be deemed to be an original
signature hereto.

         IN WITNESS  WHEREOF,  this  Agreement  has been executed by the parties
hereto as of the date first set forth above.

                          COMMODORE APPLIED TECHNOLOGIES, INC.

                          By:     /s/ Paul E. Hannesson
                          ---------------------------------------------------
                          Name:  Paul E. Hannesson
                          Title: Chairman, Chief Executive Officer and President

                                       11
<PAGE>

                                            INVESTORS:

                                            MATHERS ASSOCIATES

                                            /s/ Norbert J. Zeelander
                                            ------------------------------------
                                            Norbert J Zeelander, General Partner

                                            KLASS PARTNERS, LTD.

                                            /s/ Misha Krakowsky
                                            ------------------------------------
                                            Misha Krakowsky, President

                                            /s/ Jon Paul Hannesson
                                            ------------------------------------
                                            Jon Paul Hannesson

                                            /s/ Steven A. Weiss
                                            ------------------------------------
                                            Stephen A. Weiss

                                       12
<PAGE>

                                   Schedule 1

                                   INVESTORS
                                   ---------
<TABLE>
<CAPTION>

    -------------------------------------------- -------------------------------- -----------------------------------
                                                                                    Number of Shares of CXI Common
                 Name and Address:                 Principal Amount Invested:                   Stock:

    -------------------------------------------- -------------------------------- -----------------------------------
    <S>                                                     <C>                              <C>

    Mathers Associates
    230 Mathers Road                                        $150,000                           300,000
    Ambler, PA 19002
    -------------------------------------------- -------------------------------- -----------------------------------
    Klass Partners, Ltd.
    391 Brooke Avenue                                        250,000                           500,000
    Toronto, Ontario M5M 2L5
    Canada
    -------------------------------------------- -------------------------------- -----------------------------------
    Jon Paul Hannesson
    150 East 58th Street                                     75,000                            150,000
    Suite 3410
    New York, NY 10155
    -------------------------------------------- -------------------------------- -----------------------------------
    Stephen A. Weiss
    200 Park Avenue, 14th Floor                              25,000                             50,000
    New York, NY 10166
    -------------------------------------------- -------------------------------- -----------------------------------
    Total . . . .                                          $500,000                          1,000,000
    -------------------------------------------- -------------------------------- -----------------------------------

</TABLE>

                                       13
<PAGE>

STATE OF NEW YORK    )
                     )  ss.:
COUNTY OF NEW YORK   )

         On this day of November,  2000,  before me, a Notary  Public in and for
the         jurisdiction         aforesaid,          personally         appeared
________________________________,  to me known,  who being by me duly sworn, did
depose  and  say  that  he is the  _____________________  of  COMMODORE  APPLIED
TECHNOLOGIES,  INC., a Delaware corporation,  the corporation named in and which
executed the foregoing Security Agreement; that he is duly authorized to execute
same; and that he subscribed, swore to and acknowledged the same in his capacity
as  such  officer  and as the  authorized  and  binding  act  and  deed  of said
corporation.

                                     --------------------------------
                                              Notary Public

                                       14
<PAGE>

                                    EXHIBIT A
                                    ---------

                              TO SECURITY AGREEMENT
                              ---------------------

             Additional Information, Representations and Warranties
             ------------------------------------------------------

                  [PLEASE CONFIRM FOLLOWING REPS & WARRANTIES]

(1)    The exact name of Debtor is as first set forth in the Security Agreement.

(2)    Debtor has the following subsidiaries:

       [                                  ]

(3)    Debtor owns and uses the following trade names:

       [                                  ]

(4)    Debtor is duly organized, validly existing and in good standing under the
       laws of the State of Delaware.

(5)    The  principal  executive  office of Debtor is  located  at 150 East 58th
       Street,  32nd Floor,  New York, New York 10155, and the books and records
       pertaining  to the  Accounts  and other  Collateral  are  located at such
       address.

(6)    Debtor is not required,  by the nature of its business or the location of
       its  property  or assets,  to be  qualified  to do  business as a foreign
       corporation in any jurisdiction.

(7)    Debtor has no place of  business  other than that  disclosed  in Item (5)
       above.

(8)    Debtor does not own or have  interests  in personal  property  located at
       places other than that disclosed in item (5) above.

(9)    Debtor does not own property consisting of leasehold  improvements and/or
       fixtures only at the location specified in item (5) above.

                                       15
<PAGE>EXHIBIT 10.57
                                                                   -------------

                          REGISTRATION RIGHTS AGREEMENT

         THIS REGISTRATION  RIGHTS AGREEMENT  ("Agreement"),  dated as of the __
day of  November  2000,  is made and  entered  into  among the  individuals  and
entities who are party signatories to this Agreement  (individually  referred to
as a "Holder" and  collectively  referred to as the  "Holders"),  and  COMMODORE
APPLIED  TECHNOLOGIES,  Inc., a corporation  incorporated  under the laws of the
state of Delaware (the "Company").

         WHEREAS,  in  connection  with the  issuance  and  sale of 12%  secured
promissory  notes of the  Company  to the  Holders,  pursuant  to the terms of a
Securities  Purchase Agreement,  dated of even date (the "Purchase  Agreement"),
Commodore  Environmental  Services,  Inc., a corporation  incorporated under the
laws of the state of Delaware  ("COES")  has agreed to issue and sell,  for $.01
per share, up to 1,000,000 shares of common stock,  $.001 par value per share of
the  Company  which are owned of record and  beneficially  by COES  (hereinafter
collectively  referred to as the "Stock" or the  "Securities.")  Such Securities
have been  issued  on the date  hereof in the  respective  amounts  as among the
Holders set forth on Schedule "A" annexed hereto; and

         WHEREAS, all capitalized terms used herein which are not defined herein
shall have the same meaning as set forth in the Purchase Agreement.

         NOW, THEREFORE, the parties hereto mutually agree as follows:

Section  1.  Registrable  Securities.  As  used  herein  the  term  "Registrable
Security"  means  the  Stock;  provided,  however,  that  with  respect  to  any
particular  Registrable  Security,  such Stock shall  cease to be a  Registrable
Security  when,  as of the date of  determination,  (i) it has been  effectively
registered  under the Securities  Act of 1933, as amended (the "1933 Act"),  and
disposed of pursuant thereto,  (ii) registration under the 1933 Act is no longer
required for the immediate public distribution of all of such securities held by
any holder thereof without  limitation as a result of the provisions of Rule 144
promulgated  under the 1933 Act or (iii) it has  ceased to be  outstanding.  The
term  "Registrable  Securities" means any and/or all of the Stock falling within
the  foregoing  definition  of a  "Registrable  Security."  In the  event of any
merger,  reorganization,  consolidation,  recapitalization  or other  change  in
corporate structure affecting the Common Stock, such adjustment shall be made in
the definition of  "Registrable  Security" as is appropriate in order to prevent
any diminution or enlargement of the rights granted pursuant to this Section 1.

Section 2.  Restrictions  on Transfer.  The Holders  acknowledge  and understand
that,  prior to the  registration  of the  Securities  as provided  herein,  the
Securities are "restricted  securities" as defined in Rule 144 promulgated under
the 1933 Act.  The Holders  understand  that no  disposition  or transfer of the
Securities  may be made by the  Holders  in the  absence  of (i) an  opinion  of
counsel to the Holders that such transfer may be made without registration under
the 1933 Act or (ii) such registration.

<PAGE>

Section 3.        Registration Agreements.
                  -----------------------

         (a) Registration  Rights. Not later than twenty (20) days following the
date of this  Agreement,  the Company shall prepare and file with the Securities
and Exchange Commission ("Commission"), a registration statement (on Form S-1 or
Form S-3 (if available) and in compliance  with Rule 415  promulgated  under the
1933  Act)  which  shall  cover  the  Stock  under  the 1933  Act  (the  "Resale
Registration Statement"), at the sole expense of the Company (except as provided
in  Section  3(a)(ii)  hereof),   in  respect  of  all  holders  of  Registrable
Securities,  so as to permit a resale of the  Registrable  Securities  under the
1933 Act. Subject to the provisions of Section 3(a)(iii),  the Company shall use
its best efforts to cause the Resale Registration  Statement to become effective
within  ninety  (90) days from the date of  filing of such  Resale  Registration
Statement.

                  (i) The Company  will  maintain the  effectiveness  the Resale
Registration  Statement  or any  post-effective  amendment  thereto  filed under
Section 3(a) hereof current under the 1933 Act until the earlier of (A) the date
that all of the  Registrable  Securities  have been sold  pursuant to the Resale
Registration  Statement,  (B) the date the holders thereof receive an opinion of
counsel that all of the Registrable  Securities may be sold under the provisions
of Rule 144  (without  limitation)  or (C) three (3) years  after the  Effective
Date.  Notwithstanding  the  foregoing,  the  Company  shall  have the  right in
connection  with (x) any  contemplated  mergers,  acquisitions or other business
combinations,  or (y) any  additional  public  offerings of its  securities,  to
suspend  the   effectiveness   of  such   Resale   Registration   Statement   or
post-effective amendment thereto, or otherwise notify the Holders of Registrable
Securities that such Resale Registration  Statement is no longer current and may
not be used or delivered in connection  with  distributions  of the  Registrable
Securities (in either event, a  "Blackout").  The length of any Blackout  period
will not  count  for  purposes  of the time  period  set  forth in this  Section
3(a)(i)(C).

                  (ii) All fees,  disbursements and  out-of-pocket  expenses and
costs incurred by the Company in connection  with the  preparation and filing of
the Resale  Registration  Statement and in complying with applicable  securities
and Blue Sky laws (including, without limitation, all attorneys' fees, including
the reasonable fees and expenses of counsel to the Holder) shall be borne by the
Company.  The  Holder  shall  bear  the  cost  of  underwriting   discounts  and
commissions,  if any, applicable to the Registrable Securities being registered.
The Company shall qualify any of the  Securities for sale in such states as such
Holder  reasonably  designates and shall furnish  indemnification  in the manner
provided  in Section 6 hereof.  However,  the  Company  shall not be required to
qualify any of the Securities for sale in any state which will require an escrow
or other restriction  relating to the Company and/or the sellers. The Company at
its  expense  will  supply the  Holder  with  copies of the Resale  Registration
Statement and the  prospectus or offering  circular  included  therein and other
related  documents in such  quantities  as may be  reasonably  requested by such
Holder.

                  (iii) The Company  shall not be required by this  Section 3 to
include a Holder's Registrable  Securities in any Resale Registration  Statement
which is to be filed if, in the opinion of counsel for the Company, the proposed
offering or other transfer as to which such  registration is requested is exempt
from  applicable  federal  and state  securities  laws and  would  result in all
Investors  or  transferees   obtaining  securities  which  are  not  "restricted
securities", as defined in Rule 144 under the 1933 Act.

                                       2
<PAGE>

                  (b) No provision  contained  herein shall preclude the Company
from selling  securities  pursuant to any Registration  Statement in which it is
required to include Registrable Securities pursuant to Section 3(a).

                  (c) If at any time or from time to time  after  the  effective
date of the Resale Registration  Statement,  the Company notifies the Holders in
writing of the existence of a Potential  Material Event (as defined below),  the
Holders  shall not  offer or sell any  Registrable  Securities  or engage in any
other transaction involving or relating to Registrable Securities, from the time
of the giving of notice with  respect to a Potential  Material  Event until such
Holder  receives  written notice from the Company that such  Potential  Material
Event  either  has been  disclosed  to the  public  or no longer  constitutes  a
Potential  Material  Event.  A  "Potential  Material  Event"  means  any  of the
following:  (A) the possession by the Company of material  information  not ripe
for disclosure in a  registration  statement;  or (B) any material  transaction,
engagement  or  activity by the Company  which  would be  adversely  affected by
disclosure  in  a  registration   statement  at  such  time,   that  the  Resale
Registration  Statement would be materially  misleading  absent the inclusion of
such  information.  The Company  will use its best  efforts to disclose any such
Potential  Material  Event at the earliest  possible  time as  determined by the
Company  in good faith and with the  advice of its  counsel.  The period of time
during which the Holders are precluded  from selling any  Securities as a result
of a  Potential  Material  Event will not be counted  for  purposes  of the time
period set forth in Section 3(a)(i)(C).

                  (d) The  Company  agrees  that it  shall  declare  the  Resale
Registration  Statement filed pursuant to this Section 3 effective  within three
Business  Days after  being  notified by the  Commission  that it may do so. The
Company also agrees that it shall promptly  respond to any questions or comments
from the SEC relating to the Resale Registration Statement.

Section 4. Cooperation with Company.  Holders will cooperate with the Company in
all respects in connection with this Agreement,  including  timely supplying all
information  reasonably requested by the Company and executing and returning all
documents  reasonably  requested in connection with the registration and sale of
the Registrable Securities.

Section 5. Registration  Procedures.  If and whenever the Company is required by
any of the provisions of this Agreement to effect the registration of any of the
Registrable  Securities  under  the 1933  Act,  the  Company  shall  (except  as
otherwise provided in this Agreement), as expeditiously as possible:

         (a)  prepare  and  file  with  the  Commission   such   amendments  and
supplements  to the Resale  Registration  Statement and the  prospectus  used in
connection  therewith as may be necessary  to keep such  registration  statement
effective  for the time period  specified in Section 3 hereof and to comply with
the provisions of the 1933 Act with respect to the sale or other  disposition of
all securities  covered by such  registration  statement  whenever the Holder of
such securities shall desire to sell or otherwise dispose of the same (including
prospectus supplements with respect to the sales of securities from time to time
in connection  with a registration  statement  pursuant to Rule 415  promulgated
under the Act);

         (b)  furnish  to each  Holder  such  numbers  of  copies  of a  summary
prospectus  or other  prospectus,  including  a  preliminary  prospectus  or any
amendment or supplement to any prospectus,  in conformity with the  requirements

                                       3
<PAGE>

of the Act, and such other documents,  as such Holder may reasonably  request in
order to facilitate the public sale or other disposition of the securities owned
by such Holder;

         (c)  register  and  qualify  the  securities   covered  by  the  Resale
Registration  Statement  under  such other  securities  or blue sky laws of such
jurisdictions as the Holders shall  reasonably  request and do any and all other
acts and things  which may be  necessary  or  advisable to enable each Holder to
consummate  the public sale or other  disposition  in such  jurisdiction  of the
securities owned by such Holder,  except that the Company shall not for any such
purpose be required to qualify to do  business as a foreign  corporation  in any
jurisdiction  wherein it is not so  qualified  or to file  therein  any  general
consent to service of process;

         (d) list such securities on the American Stock Exchange, Inc. ("Amex"),
Nasdaq  National  Market,  NASDAQ  Small Cap Stock  Market,  the New York  Stock
Exchange, Inc., or other national securities exchange on which any securities of
the Company are then listed, if the listing of such securities is then permitted
under the rules of such exchange;

         (e) notify each Holder of Registrable  Securities covered by the Resale
Registration  Statement,  at any time when a prospectus relating thereto covered
by the Resale Registration  Statement is required to be delivered under the 1933
Act,  of the  happening  of any event of which it has  knowledge  as a result of
which the prospectus included in the Resale Registration  Statement,  as then in
effect,  includes  an untrue  statement  of a material  fact or omits to state a
material fact required to be stated  therein or necessary to make the statements
therein not misleading in the light of the circumstances then existing.

Section 6.        Indemnification.
                  ---------------

         (a) The Company agrees to indemnify and hold harmless the Holders,  and
each  officer,  director or person,  if any, who controls each Holder within the
meaning of the 1933 Act  ("Distributing  Holder")  against any  losses,  claims,
damages or liabilities,  joint or several (which shall, for all purposes of this
Agreement,   include,   but  not  be  limited  to,  all  costs  of  defense  and
investigation  and all attorneys'  fees), to which the  Distributing  Holder may
become subject, under the 1933 Act or otherwise, insofar as such losses, claims,
damages or liabilities (or actions in respect thereof) arise out of or are based
upon any untrue  statement or alleged  untrue  statement  of any  material  fact
contained in the Registration  Statement,  the Resale Registration  Statement or
any  related  preliminary  prospectus,  final  prospectus,   offering  circular,
notification  or amendment or supplement  thereto,  or arise out of or are based
upon the omission or alleged  omission to state therein a material fact required
to be stated therein or necessary to make the statements therein not misleading;
provided,  however,  that the Company (i) will not be liable in any such case to
the extent that any such loss,  claim,  damage or liability  arises out of or is
based upon an untrue  statement  or alleged  untrue  statement  or  omission  or
alleged omission made in the  Registration  Statement,  the Resale  Registration
Statement,   preliminary  prospectus,   final  prospectus,   offering  circular,
notification  or  amendment  or  supplement  thereto in  reliance  upon,  and in
conformity  with,   written   information   furnished  to  the  Company  by  the
Distributing  Holder  specifically for use in the preparation  thereof,  or (ii)
cannot  pay any  amounts  paid in  settlement  of any  loss,  claim,  damage  or
liability  if such  settlement  is effected  without the consent of the Company,
which consent shall not be unreasonably  withheld or delayed.  This Section 6(a)
shall not inure to the benefit of any  Distributing  Holder with  respect to any
person  asserting  such loss,  claim,  damage or  liability  who  purchased  the
Registrable  Securities which are the subject thereof if the Distributing Holder
failed  to  send  or  give  (in  violation  of the  1933  Act or the  rules  and

                                       4
<PAGE>

regulations  promulgated  thereunder) a copy of the prospectus contained in such
Registration Statement or Resale Registration  Statement, as the case may be, to
such person at or prior to the written  confirmation  of such person of the sale
of such Registrable  Securities,  where the Distributing Holder was obligated to
do so under the 1933 Act or the rules and  regulations  promulgated  thereunder.
This indemnity  provision will be in addition to any liability which the Company
may otherwise have.

         (b) Each  Distributing  Holder  agrees that it will  indemnify and hold
harmless  the  Company,  and each  officer,  director,  or person,  if any,  who
controls  the Company  within the  meaning of the 1933 Act,  against any losses,
claims, damages or liabilities (which shall, for all purposes of this Agreement,
include,  but not be limited to, all costs of defense and  investigation and all
attorneys'  fees)  to  which  the  Company  or any  such  officer,  director  or
controlling  person may become subject under the 1933 Act or otherwise,  insofar
as such losses claims,  damages or liabilities  (or actions in respect  thereof)
arise out of or are based upon any untrue  statement or alleged untrue statement
of any  material  fact  contained  in the  Registration  Statement,  the  Resale
Registration Statement or any related preliminary prospectus,  final prospectus,
offering circular, notification or amendment or supplement thereto, or arise out
of or are based upon the  omission  or the alleged  omission to state  therein a
material fact required to be stated  therein or necessary to make the statements
therein  not  misleading,  but in each case only to the extent  that such untrue
statement or alleged untrue  statement or omission or alleged  omission was made
in the Registration Statement,  the Resale Registration  Statement,  preliminary
prospectus,  final prospectus,  offering circular,  notification or amendment or
supplement thereto in reliance upon, and in conformity with, written information
furnished to the Company by such Distributing Holder specifically for use in the
preparation  thereof.  This  indemnity  provision  will  be in  addition  to any
liability which the Distributing Holder may otherwise have.

         (c) Promptly after receipt by an indemnified party under this Section 6
of notice of the commencement of any action,  such indemnified  party will, if a
claim in respect thereof is to be made against the indemnifying party under this
Section 6, notify the indemnifying  party of the commencement  thereof;  but the
omission so to notify the  indemnifying  party will not relieve the indemnifying
party from any liability  which it may have to any  indemnified  party otherwise
than as to the particular item as to which  indemnification is then being sought
solely  pursuant to this  Section 6. In case any such action is brought  against
any  indemnified   party,  and  it  notifies  the  indemnifying   party  of  the
commencement thereof, the indemnifying party will be entitled to participate in,
and, to the extent that it may wish,  jointly with any other  indemnifying party
similarly notified, assume the defense thereof, subject to the provisions herein
stated and after notice from the indemnifying party to such indemnified party of
its election so to assume the defense thereof,  the indemnifying  party will not
be liable to such indemnified  party under this Section 6 for any legal or other
expenses  subsequently incurred by such indemnified party in connection with the
defense  thereof  other  than  reasonable  costs of  investigation,  unless  the
indemnifying  party  shall not pursue the  action to its final  conclusion.  The
indemnified  party shall have the right to employ  separate  counsel in any such
action and to participate in the defense  thereof,  but the fees and expenses of
such  counsel  shall  not be at the  expense  of the  indemnifying  party if the
indemnifying party has assumed the defense of the action with counsel reasonably
satisfactory to the indemnified party; provided that if the indemnified party is

                                       5
<PAGE>

the Distributing  Holder,  the fees and expenses of such counsel shall be at the
expense of the indemnifying party if (i) the employment of such counsel has been
specifically  authorized in writing by the indemnifying party, or (ii) the named
parties to any such action  (including any impleaded  parties)  include both the
Distributing Holder and the indemnifying party and the Distributing Holder shall
have been advised by such  counsel that there may be one or more legal  defenses
available to the indemnifying party different from or in conflict with any legal
defenses  which may be available to the  Distributing  Holder (in which case the
indemnifying party shall not have the right to assume the defense of such action
on behalf of the Distributing  Holder,  it being understood,  however,  that the
indemnifying party shall, in connection with any one such action or separate but
substantially similar or related actions in the same jurisdiction arising out of
the same general allegations or circumstances, be liable only for the reasonable
fees and expenses of one separate firm of attorneys for the Distributing Holder,
which  firm shall be  designated  in writing  by the  Distributing  Holder).  No
settlement of any action against an indemnified  party shall be made without the
prior  written  consent of the  indemnified  party,  which  consent shall not be
unreasonably withheld.

Section 7. Contribution. In order to provide for just and equitable contribution
under the 1933 Act in any case in which (i) the indemnified  party makes a claim
for  indemnification  pursuant to Section 6 hereof but is judicially  determined
(by the entry of a final judgment or decree by a court of competent jurisdiction
and the  expiration of time to appeal or the denial of the last right of appeal)
that such  indemnification may not be enforced in such case  notwithstanding the
fact that the express provisions of Section 6 hereof provide for indemnification
in such case,  or (ii)  contribution  under the 1933 Act may be  required on the
part of any indemnified party, then the Company and the applicable  Distributing
Holder shall contribute to the aggregate losses,  claims, damages or liabilities
to which they may be subject (which shall,  for all purposes of this  Agreement,
include,  but not be limited to, all costs of defense and  investigation and all
attorneys'  fees), in either such case (after  contribution  from others) on the
basis of relative fault as well as any other relevant equitable  considerations.
The relative  fault shall be  determined  by reference  to, among other  things,
whether  the  untrue or  alleged  untrue  statement  of a  material  fact or the
omission or alleged  omission to state a material  fact  relates to  information
supplied by the Company on the one hand or the applicable Distributing Holder on
the  other  hand,  and  the  parties'  relative  intent,  knowledge,  access  to
information  and  opportunity  to correct or prevent such statement or omission.
The  Company  and the  Distributing  Holder  agree that it would not be just and
equitable if contribution pursuant to this Section 7 were determined by pro rata
allocation or by any other method of  allocation  which does not take account of
the equitable  considerations  referred to in this Section 7. The amount paid or
payable by an indemnified  party as a result of the losses,  claims,  damages or
liabilities (or actions in respect thereof)  referred to above in this Section 7
shall be deemed to include any legal or other  expenses  reasonably  incurred by
such  indemnified  party in connection with  investigating or defending any such
action or claim.  No person guilty of fraudulent  misrepresentation  (within the
meaning of Section 11(f) of the 1933 Act) shall be entitled to contribution from
any person who was not guilty of such fraudulent misrepresentation.

Section 8. Notices. All notices,  demands,  requests,  consents,  approvals, and
other  communications  required or permitted  hereunder shall be in writing and,
unless  otherwise  specified  herein,  shall  be  (i)  personally  served,  (ii)

                                       6
<PAGE>

deposited  in the mail,  registered  or  certified,  return  receipt  requested,
postage  prepaid,  (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other  address as such party shall have  specified
most recently by written notice. Any notice or other  communication  required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or  delivery  by  facsimile,   with  accurate  confirmation   generated  by  the
transmitting  facsimile  machine,  at the address or number designated below (if
delivered on a Business Day during normal business hours where such notice is to
be received),  or the first  Business Day following  such delivery (if delivered
other than on a Business Day during normal  business  hours where such notice is
to be received) or (b) on the second  Business Day following the date of mailing
by reputable courier service, fully prepaid,  addressed to such address, or upon
actual receipt of such mailing,  whichever shall first occur.  The addresses for
such communications shall be:

         If to the Company:
                                    Commodore Applied Technologies, Inc.
                                    150 East 58th Street
                                    New York, New York 10155
                                    Telephone:  (212) 935-5400
                                    Facsimile: (212) 753-0731
                                    Attention: President

         If to the  Holders at the  addresses  set forth on  Schedule A attached
hereto.

         Any party  hereto may from time to time change its address or facsimile
number for  notices  under this  Section by giving at least ten (10) days' prior
written  notice of such changed  address or facsimile  number to the other party
hereto.

Section 9. Assignment.  This Agreement is binding upon and inures to the benefit
of the parties  hereto and their  respective  heirs,  successors  and  permitted
assigns.  The rights  granted  the  Holders  under this  Agreement  shall not be
assigned without the written consent of the Company,  which consent shall not be
unreasonably  withheld.  In the event of a transfer of the rights  granted under
this  Agreement,  the  Holder  agrees  that the  Company  may  require  that the
transferee comply with reasonable  conditions as determined in the discretion of
the Company.

Section 10. Counterparts;  Facsimile; Amendments. This Agreement may be executed
in multiple counterparts,  each of which may be executed by less than all of the
parties  and  shall  be  deemed  to be an  original  instrument  which  shall be
enforceable  against the parties actually executing such counterparts and all of
which together shall constitute one and the same instrument. Except as otherwise
stated herein, in lieu of the original  documents,  a facsimile  transmission or
copy of the original  documents  shall be as effective  and  enforceable  as the
original.  This  Agreement  may be  amended  only by a writing  executed  by all
parties.

Section 11.  Termination of Registration  Rights. The rights granted pursuant to
this Agreement shall  terminate as to each Holder (and permitted  transferees or
assignees) upon the occurrence of any of the following:

                                       7
<PAGE>

         (a) all  Holder's  Securities  subject  to  this  Agreement  have  been
registered and disposed of;

         (b) all of such Holder's  Securities  subject to this  Agreement may be
sold without such registration (or limitation)  pursuant to Rule 144 promulgated
by the SEC pursuant to the Securities Act;

         (c) all of such Holder's  Securities  subject to this  Agreement can be
sold pursuant to Rule 144(k).

Section 12. Headings.  The headings in this Agreement are for reference purposes
only and shall not affect in any way the meaning or  interpretation  of
this Agreement.

Section 13. Governing Law: Venue; Jurisdiction. This Agreement will be construed
and  enforced  in  accordance  with and  governed  by the  laws of the  State of
Delaware,  except  for  matters  arising  under the Act,  without  reference  to
principles  of conflicts of law.  Each of the parties  consents to the exclusive
jurisdiction of the U.S.  District Court sitting in the Southern District of the
State of New York or the United States District Court sitting in Salt Lake City,
Utah in  connection  with any dispute  arising  under this  Agreement and hereby
waives,  to the maximum extent  permitted by law, any  objection,  including any
objection based on forum non conveniens,  to the bringing of any such proceeding
in such  jurisdictions.  Each party hereby  agrees that if another party to this
Agreement  obtains a judgment  against it in such a proceeding,  the party which
obtained such judgment may enforce same by summary judgment in the courts of any
country  having  jurisdiction  over the party  against  whom such  judgment  was
obtained,  and each party hereby waives any defenses available to it under local
law and agrees to the enforcement of such a judgment.

Section 14. Resolution of Disputes; Arbitration.

         (a)  Whenever a claim  shall  arise  involving  the  interpretation  or
application  of this  Agreement,  the  complaining  party shall notify the other
party in  writing  within  thirty  (30) days of the  complaining  party's  first
receipt of notice of, or the complaining  party's obtaining actual knowledge of,
such claim,  and in any event within such shorter period as may be necessary for
the other party to take  appropriate  action to resist  such claim.  Such notice
shall specify all facts known to the complaining party giving rise to such claim
or dispute and shall estimate (to the extent reasonably  possible) the amount of
potential liability arising therefrom. If the other party shall be duly notified
of such dispute, the parties shall attempt to settle and compromise the same.

         (b) In the event  that any  dispute  involving  the  interpretation  or
application  of this  Agreement  which  cannot be  settled  or  compromised,  as
aforesaid,  within twenty (20) days of receipt of the subject claim,  either the
complaining  party or the other  party  shall  promptly  thereafter  submit  the
dispute  for final  and  binding  arbitration  to JAMS or  End-Dispute  before a
three-person  panel of  arbitrators  who shall be  either  (i)  retired  federal
judges, or (ii) other persons  experienced in resolving  commercial disputes and
who are  acceptable  to both the  complaining  party and the other party to such
dispute (the"Arbitration").  Any such Arbitration shall be held in New York, New

                                       8
<PAGE>

York.  The panel of  arbitrators  shall be selected  within  twenty (20) days of
submission  of  such  dispute  to  Arbitration.  The  parties  shall  use  their
collective  best efforts to promptly  schedule  and conduct the hearings  before
such arbitrators, with a view toward concluding such arbitration proceedings not
later  than  thirty  (30) days  from the  first  submission  of the  dispute  to
arbitration.  In  addition  to,  and not in lieu of,  arbitration  as a means of
dispute  resolution  hereunder,  any party  hereto  shall have the right to seek
specific enforcement of this Agreement,  or other injunctive or equitable relief
or remedy before any court of competent jurisdiction.

         (c) In connection with any Arbitration pursuant to this Section 14, the
arbitrators shall, as part of their award,  allocate the fee of the Arbitration,
including  all fees of the  arbitrators,  the cost of any  transcripts,  and the
parties'  reasonable  attorneys'  fees,  based upon and taking into  account the
arbitrators'  determination  of the merits and good faith of the parties' claims
and defenses in the subject proceeding.

         (d) The  decision  and  award of the  arbitrators  shall  be final  and
binding  upon the  parties  hereto  and  shall be  enforceable  in any  court of
competent  jurisdiction,  including  any federal or state court in the States of
Utah, Delaware,  New York or Colorado. Any process or other papers hereunder may
be served by registered  or certified  mail,  return  receipt  requested,  or by
personal service,  provided that a reasonable time for appearance or response is
allowed.

         (e) Any rights  established by reason of such  settlement,  compromise,
arbitration or litigation  shall promptly  thereafter be satisfied by the losing
party in such amount as shall be necessary to satisfy all  applicable  losses or
damages  sustained  or incurred  by the  complaining  party,  as  determined  in
accordance with such settlement and compromise,  or by final nonappealable order
or judgment of the applicable judicial or arbitration panel.

         (f) In connection  with the defense of any third party claims for which
claims for  indemnification  have been made  hereunder,  each party will provide
reasonable  access  to its and the  Company's  books and  records  as and to the
extent required for the proper defense of such third party claim.  Neither party
shall  consent  to any  settlement  or  purport  to bind any other  party to any
settlement without the written consent of the other party.

         (g)  Notwithstanding  anything to the contrary set forth above,  in the
event and to the extent that the complaining party shall believe that such party
shall then have no adequate remedy at law, the complaining  party shall have the
right,  in  addition to and not in lieu of the right to obtain  compensatory  or
other  monetary  relief,  to  seek  and  obtain  injunctive   relief,   specific
performance  or  such  other  equitable  remedies  as  any  court  of  competent
jurisdiction shall deem appropriate in the circumstances

Section 15.  Severability.  If any  provision  of this  Agreement  shall for any
reason be held invalid or  unenforceable,  such  invalidity  or  unenforceablity
shall  not  affect  any  other  provision  hereof  and this  Agreement  shall be
construed as if such invalid or unenforceable provision had never been contained
herein.

Section 16.  Capitalized  Terms.  All  capitalized  terms not otherwise  defined
herein shall have the meaning assigned to them in the Purchase Agreement.

                                       9
<PAGE>

Section 17.  Entire  Agreement.  This  Agreement,  together  with all  documents
referenced  herein,  embody the entire agreement and  understanding  between the
parties  hereto with respect to the subject  matter  hereof and  supersedes  all
prior oral or written  agreements  and  understandings  relating  to the subject
matter hereof. No statement, representation,  warranty, covenant or agreement of
any kind not expressly set forth in this Agreement  shall affect,  or be used to
interpret,  change  or  restrict,  the  express  terms  and  provisions  of this
Agreement.

         IN WITNESS  WHEREOF,  the parties hereto have caused this  Registration
Rights Agreement to be duly executed, on the day and year first above written.

                                    COMMODORE APPLIED TECHNOLOGIES, INC.

                                    By:   /s/ Paul E. Hannesson
                                    ------------------------------------
                                    Paul E. Hannesson, Chairman, Chief
                                    Executive Officer and President

                                    Holders:

                                            MATHERS ASSOCIATES

                                            /s/ Norbert J. Zeelander
                                            ------------------------------------
                                            Norbert J Zeelander, General Partner

                                            KLASS PARTNERS, LTD.

                                            /s/ Misha Krakowsky
                                            ------------------------------------
                                            Misha Krakowsky, President

                                            /s/ Jon Paul  Hannesson
                                            ------------------------------------
                                            Jon aul Hannesson

                                            /s/ Steven A. Weiss
                                            ------------------------------------
                                            Stephen A. Weiss

                                       10
<PAGE>

                                   Schedule 1

                                   INVESTORS
                                   ---------

    ---------------------------------------------- ------------------------
                                                    Number of Shares of the
        Name and Address:                           Stock to be Registered:

    ---------------------------------------------- ------------------------
    Mathers Associates
    230 Mathers Road                                            300,000
    Ambler, PA 19002
    ---------------------------------------------- ------------------------
    Klass Partners, Ltd.
    391 Brooke Avenue                                           500,000
    Toronto, Ontario M5M 2L5
    Canada
    ---------------------------------------------- ------------------------
    Jon Paul Hannesson
    150 East 58th Street                                        150,000
    New York, New York 10155
    ---------------------------------------------- ------------------------
    Stephen A. Weiss
    200 Park Avenue, 14th Floor                                  50,000
    New York, NY 10166
    ---------------------------------------------- ------------------------
    Total . . . .                                             1,000,000
    ---------------------------------------------- ------------------------

                                       11
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00024-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00024-of-00352.parquet"}]]